Gaston County
North Carolina · FIPS 37071
According to CFPB HMDA 2024 application volume among U.S. counties, Gaston County ranks #231 of 3,210, and #12 of 100 in North Carolina.
Mortgage lending activity in Gaston County, North Carolina 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. Gaston County, North Carolina saw 12,472 HMDA-reported mortgage applications in 2024. Lenders originated 6,456 of those loans and denied 2,156, producing a denial rate of 17.3% and an approval (origination) rate of 51.8%. The average loan amount was $244,343 at an average note rate of 7.00%, with applicants self-reporting average annual income of $38K. 358 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 6.4x, meaning typical borrowers took on mortgages of about 6.4 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 Gaston County
In Gaston County, lead originator Rocket Mortgage funded only 7.6% of 6,456 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 20.3% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Gaston County's 12,472 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Gaston County's $244,343 average loan (deduped against volume peers).
Lenders active in Gaston County
Rocket Mortgage funded 488 of the 6,456 loans originated in Gaston County, 7.6% of the county. 358 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 488 | 7.6% |
| 2 | State Employees' Credit Union | 482 | 7.5% |
| 3 | United Wholesale Mortgage | 340 | 5.3% |
| 4 | DHI Mortgage Company, LTD. | 272 | 4.2% |
| 5 | Movement Mortgage, LLC | 268 | 4.2% |
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 Gaston 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 Gaston 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.