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2024 data HMDA 2024 disclosure official source

Pasquotank County

2,451 mortgage applications, 17.0% denial rate. Verify FIPS 37139 with U.S. Census Bureau →

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North Carolina · FIPS 37139

Local mortgage market. Pasquotank County, North Carolina saw 2,451 HMDA-reported mortgage applications in 2024. Lenders originated 1,152 of those loans and denied 417, producing a denial rate of 17.0% and an approval (origination) rate of 47.0%. The average loan amount was $237,093 at an average note rate of 6.95%, with applicants self-reporting average annual income of $39K. 142 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 37139 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,451
Applications
1,152
Originated
17.0%
Denial Rate
47.0%
Approval Rate
$237,093
Avg Loan Amount
6.95%
Avg Interest Rate
$39K
Avg Applicant Income
6.1x
Loan-to-Income Ratio

Nearby Lenders in Pasquotank 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 Nvr Mortgage Finance, INC. 112 9.7%
2 State Employees' Credit Union 99 8.6%
3 Rocket Mortgage 81 7.0%
4 Navy Federal Credit Union 81 7.0%
5 Mortgage Research Center 60 5.2%
Compare Nvr Mortgage Finance, INC. vs State Employees' Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Pasquotank County?
In the 2024 HMDA reporting year, 2,451 mortgage applications were filed in Pasquotank County, North Carolina. Of these, 1,152 were originated (approved and funded), while 417 were denied, resulting in a denial rate of 17.0%.
What is the mortgage denial rate in Pasquotank County?
The mortgage denial rate in Pasquotank County is 17.0%. The approval (origination) rate is 47.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Pasquotank County?
The average mortgage loan amount in Pasquotank County is $237,093. The average interest rate is 6.953%. The average applicant income is $39K.
What is the loan-to-income ratio in Pasquotank County?
The average loan-to-income ratio in Pasquotank 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 Pasquotank County?
The top mortgage lenders in Pasquotank County by origination volume are Nvr Mortgage Finance, INC., State Employees' Credit Union, Rocket Mortgage. In total, 142 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.