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2024 data HMDA 2024 disclosure official source

Henderson County

5,040 mortgage applications, 19.4% denial rate. Verify FIPS 37089 with U.S. Census Bureau →

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North Carolina · FIPS 37089

Local mortgage market. Henderson County, North Carolina saw 5,040 HMDA-reported mortgage applications in 2024. Lenders originated 2,626 of those loans and denied 977, producing a denial rate of 19.4% and an approval (origination) rate of 52.1%. The average loan amount was $257,744 at an average note rate of 7.09%, with applicants self-reporting average annual income of $37K. 234 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.0x, meaning typical borrowers took on mortgages of about 7.0 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 37089 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

5,040
Applications
2,626
Originated
19.4%
Denial Rate
52.1%
Approval Rate
$257,744
Avg Loan Amount
7.09%
Avg Interest Rate
$37K
Avg Applicant Income
7.0x
Loan-to-Income Ratio

Nearby Lenders in Henderson 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 267 10.2%
2 Rocket Mortgage 203 7.7%
3 First Ciitizens Bank and Trust 182 6.9%
4 DHI Mortgage Company, LTD. 154 5.9%
5 United Federal Credit Union 150 5.7%
Compare State Employees' Credit Union vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Henderson County?
In the 2024 HMDA reporting year, 5,040 mortgage applications were filed in Henderson County, North Carolina. Of these, 2,626 were originated (approved and funded), while 977 were denied, resulting in a denial rate of 19.4%.
What is the mortgage denial rate in Henderson County?
The mortgage denial rate in Henderson County is 19.4%. The approval (origination) rate is 52.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Henderson County?
The average mortgage loan amount in Henderson County is $257,744. The average interest rate is 7.095%. The average applicant income is $37K.
What is the loan-to-income ratio in Henderson County?
The average loan-to-income ratio in Henderson County is 7.0x, meaning borrowers took on loans averaging 7.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Henderson County?
The top mortgage lenders in Henderson County by origination volume are State Employees' Credit Union, Rocket Mortgage, First Ciitizens Bank and Trust. In total, 234 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.