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2024 data HMDA 2024 disclosure official source

Vance County

1,205 mortgage applications, 25.2% denial rate. Verify FIPS 37181 with U.S. Census Bureau →

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North Carolina · FIPS 37181

Local mortgage market. Vance County, North Carolina saw 1,205 HMDA-reported mortgage applications in 2024. Lenders originated 534 of those loans and denied 304, producing a denial rate of 25.2% and an approval (origination) rate of 44.3%. The average loan amount was $167,017 at an average note rate of 7.16%, with applicants self-reporting average annual income of $38K. 120 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.4x, meaning typical borrowers took on mortgages of about 4.4 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 37181 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,205
Applications
534
Originated
25.2%
Denial Rate
44.3%
Approval Rate
$167,017
Avg Loan Amount
7.16%
Avg Interest Rate
$38K
Avg Applicant Income
4.4x
Loan-to-Income Ratio

Nearby Lenders in Vance 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 103 19.3%
2 Rocket Mortgage 37 6.9%
3 Benchmark Community Bank 28 5.2%
4 Coastal Federal Credit Union 23 4.3%
5 Mortgage Research Center 17 3.2%
Compare State Employees' Credit Union vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Vance County?
In the 2024 HMDA reporting year, 1,205 mortgage applications were filed in Vance County, North Carolina. Of these, 534 were originated (approved and funded), while 304 were denied, resulting in a denial rate of 25.2%.
What is the mortgage denial rate in Vance County?
The mortgage denial rate in Vance County is 25.2%. The approval (origination) rate is 44.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Vance County?
The average mortgage loan amount in Vance County is $167,017. The average interest rate is 7.156%. The average applicant income is $38K.
What is the loan-to-income ratio in Vance County?
The average loan-to-income ratio in Vance County is 4.4x, meaning borrowers took on loans averaging 4.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Vance County?
The top mortgage lenders in Vance County by origination volume are State Employees' Credit Union, Rocket Mortgage, Benchmark Community Bank. In total, 120 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.