PlainLender
2024 data HMDA 2024 disclosure official source

Davie County

2,022 mortgage applications, 16.6% denial rate. Verify FIPS 37059 with U.S. Census Bureau →

PlainLender home → About this data

North Carolina · FIPS 37059

Local mortgage market. Davie County, North Carolina saw 2,022 HMDA-reported mortgage applications in 2024. Lenders originated 1,114 of those loans and denied 336, producing a denial rate of 16.6% and an approval (origination) rate of 55.1%. The average loan amount was $217,547 at an average note rate of 6.91%, with applicants self-reporting average annual income of $36K. 158 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.0x, meaning typical borrowers took on mortgages of about 6.0 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.

FIPS 37059 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,022
Applications
1,114
Originated
16.6%
Denial Rate
55.1%
Approval Rate
$217,547
Avg Loan Amount
6.91%
Avg Interest Rate
$36K
Avg Applicant Income
6.0x
Loan-to-Income Ratio

Nearby Lenders in Davie County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 State Employees' Credit Union 172 15.4%
2 Allegacy Federal Credit Union 97 8.7%
3 Rocket Mortgage 78 7.0%
4 Truliant Federal Credit Union 50 4.5%
5 Truist Bank 47 4.2%
Compare State Employees' Credit Union vs Allegacy Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Davie County?
In the 2024 HMDA reporting year, 2,022 mortgage applications were filed in Davie County, North Carolina. Of these, 1,114 were originated (approved and funded), while 336 were denied, resulting in a denial rate of 16.6%.
What is the mortgage denial rate in Davie County?
The mortgage denial rate in Davie County is 16.6%. The approval (origination) rate is 55.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Davie County?
The average mortgage loan amount in Davie County is $217,547. The average interest rate is 6.910%. The average applicant income is $36K.
What is the loan-to-income ratio in Davie County?
The average loan-to-income ratio in Davie County is 6.0x, meaning borrowers took on loans averaging 6.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Davie County?
The top mortgage lenders in Davie County by origination volume are State Employees' Credit Union, Allegacy Federal Credit Union, Rocket Mortgage. In total, 158 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

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.

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 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.