Norfolk County
Massachusetts · FIPS 25021
According to CFPB HMDA 2024 application volume among U.S. counties, Norfolk County ranks #120 of 3,210, and #4 of 14 in Massachusetts.
Mortgage lending activity in Norfolk County, Massachusetts based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Norfolk County, Massachusetts saw 21,648 HMDA-reported mortgage applications in 2024. Lenders originated 12,244 of those loans and denied 3,503, producing a denial rate of 16.2% and an approval (origination) rate of 56.6%. The average loan amount was $467,702 at an average note rate of 7.19%, with applicants self-reporting average annual income of $38K. 389 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 12.3x, meaning typical borrowers took on mortgages of about 12.3 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Norfolk County
In Norfolk County, lead originator CBNA Year to Date funded only 10.2% of 12,244 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 19.8% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Norfolk County's 21,648 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Norfolk County's $467,702 average loan (deduped against volume peers).
Lenders active in Norfolk County
CBNA Year to Date funded 1,250 of the 12,244 loans originated in Norfolk County, 10.2% of the county. 389 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | CBNA Year to Date | 1,250 | 10.2% |
| 2 | Leader Bank NA | 648 | 5.3% |
| 3 | Rocket Mortgage | 527 | 4.3% |
| 4 | Bank of America NA | 515 | 4.2% |
| 5 | Guaranteed Rate, INC. | 498 | 4.1% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Norfolk County borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Norfolk County page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.