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2024 data HMDA 2024 disclosure official source

Guilford County

21,378 mortgage applications, 20.0% denial rate. Verify FIPS 37081 with U.S. Census Bureau →

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North Carolina · FIPS 37081

Local mortgage market. Guilford County, North Carolina saw 21,378 HMDA-reported mortgage applications in 2024. Lenders originated 11,246 of those loans and denied 4,279, producing a denial rate of 20.0% and an approval (origination) rate of 52.6%. The average loan amount was $224,586 at an average note rate of 7.04%, with applicants self-reporting average annual income of $37K. 419 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.1x, meaning typical borrowers took on mortgages of about 6.1 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 37081 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

21,378
Applications
11,246
Originated
20.0%
Denial Rate
52.6%
Approval Rate
$224,586
Avg Loan Amount
7.04%
Avg Interest Rate
$37K
Avg Applicant Income
6.1x
Loan-to-Income Ratio

Nearby Lenders in Guilford 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 1,424 12.7%
2 Rocket Mortgage 731 6.5%
3 Truliant Federal Credit Union 700 6.2%
4 Atlantic Bay Mortgage Group 441 3.9%
5 Truist Bank 423 3.8%
Compare State Employees' Credit Union vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Guilford County?
In the 2024 HMDA reporting year, 21,378 mortgage applications were filed in Guilford County, North Carolina. Of these, 11,246 were originated (approved and funded), while 4,279 were denied, resulting in a denial rate of 20.0%.
What is the mortgage denial rate in Guilford County?
The mortgage denial rate in Guilford County is 20.0%. The approval (origination) rate is 52.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Guilford County?
The average mortgage loan amount in Guilford County is $224,586. The average interest rate is 7.038%. The average applicant income is $37K.
What is the loan-to-income ratio in Guilford County?
The average loan-to-income ratio in Guilford County is 6.1x, meaning borrowers took on loans averaging 6.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Guilford County?
The top mortgage lenders in Guilford County by origination volume are State Employees' Credit Union, Rocket Mortgage, Truliant Federal Credit Union. In total, 419 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.