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2024 data HMDA 2024 disclosure official source

Lenoir County

1,840 mortgage applications, 23.5% denial rate. Verify FIPS 37107 with U.S. Census Bureau →

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North Carolina · FIPS 37107

Local mortgage market. Lenoir County, North Carolina saw 1,840 HMDA-reported mortgage applications in 2024. Lenders originated 846 of those loans and denied 433, producing a denial rate of 23.5% and an approval (origination) rate of 46.0%. The average loan amount was $153,212 at an average note rate of 6.82%, with applicants self-reporting average annual income of $37K. 128 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.1x, meaning typical borrowers took on mortgages of about 4.1 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 37107 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,840
Applications
846
Originated
23.5%
Denial Rate
46.0%
Approval Rate
$153,212
Avg Loan Amount
6.82%
Avg Interest Rate
$37K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in Lenoir 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 136 16.1%
2 Atlantic Bay Mortgage Group 72 8.5%
3 Rocket Mortgage 59 7.0%
4 Movement Mortgage, LLC 42 5.0%
5 Truist Bank 32 3.8%
Compare State Employees' Credit Union vs Atlantic Bay Mortgage Group →

Frequently Asked Questions

How many mortgage applications were filed in Lenoir County?
In the 2024 HMDA reporting year, 1,840 mortgage applications were filed in Lenoir County, North Carolina. Of these, 846 were originated (approved and funded), while 433 were denied, resulting in a denial rate of 23.5%.
What is the mortgage denial rate in Lenoir County?
The mortgage denial rate in Lenoir County is 23.5%. The approval (origination) rate is 46.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lenoir County?
The average mortgage loan amount in Lenoir County is $153,212. The average interest rate is 6.823%. The average applicant income is $37K.
What is the loan-to-income ratio in Lenoir County?
The average loan-to-income ratio in Lenoir County is 4.1x, meaning borrowers took on loans averaging 4.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lenoir County?
The top mortgage lenders in Lenoir County by origination volume are State Employees' Credit Union, Atlantic Bay Mortgage Group, Rocket Mortgage. In total, 128 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.