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2024 data HMDA 2024 disclosure official source

Lee County

3,046 mortgage applications, 17.1% denial rate. Verify FIPS 37105 with U.S. Census Bureau →

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North Carolina · FIPS 37105

Local mortgage market. Lee County, North Carolina saw 3,046 HMDA-reported mortgage applications in 2024. Lenders originated 1,575 of those loans and denied 520, producing a denial rate of 17.1% and an approval (origination) rate of 51.7%. The average loan amount was $234,137 at an average note rate of 6.74%, with applicants self-reporting average annual income of $38K. 183 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.2x, meaning typical borrowers took on mortgages of about 6.2 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 37105 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,046
Applications
1,575
Originated
17.1%
Denial Rate
51.7%
Approval Rate
$234,137
Avg Loan Amount
6.74%
Avg Interest Rate
$38K
Avg Applicant Income
6.2x
Loan-to-Income Ratio

Nearby Lenders in Lee 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 DHI Mortgage Company, LTD. 181 11.5%
2 State Employees' Credit Union 178 11.3%
3 Rocket Mortgage 83 5.3%
4 United Wholesale Mortgage 71 4.5%
5 Movement Mortgage, LLC 55 3.5%
Compare DHI Mortgage Company, LTD. vs State Employees' Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Lee County?
In the 2024 HMDA reporting year, 3,046 mortgage applications were filed in Lee County, North Carolina. Of these, 1,575 were originated (approved and funded), while 520 were denied, resulting in a denial rate of 17.1%.
What is the mortgage denial rate in Lee County?
The mortgage denial rate in Lee County is 17.1%. The approval (origination) rate is 51.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lee County?
The average mortgage loan amount in Lee County is $234,137. The average interest rate is 6.737%. The average applicant income is $38K.
What is the loan-to-income ratio in Lee County?
The average loan-to-income ratio in Lee County is 6.2x, meaning borrowers took on loans averaging 6.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lee County?
The top mortgage lenders in Lee County by origination volume are DHI Mortgage Company, LTD., State Employees' Credit Union, Rocket Mortgage. In total, 183 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.