Watauga County
North Carolina · FIPS 37189
According to CFPB HMDA 2024 application volume among U.S. counties, Watauga County ranks #1,008 of 3,210, and #57 of 100 in North Carolina.
Mortgage lending activity in Watauga County, North Carolina based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Watauga County, North Carolina saw 1,720 HMDA-reported mortgage applications in 2024. Lenders originated 979 of those loans and denied 254, producing a denial rate of 14.8% and an approval (origination) rate of 56.9%. The average loan amount was $349,547 at an average note rate of 7.14%, with applicants self-reporting average annual income of $36K. 192 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 9.7x, meaning typical borrowers took on mortgages of about 9.7 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Watauga County
In Watauga County, lead originator State Employees' Credit Union funded 16.9% of 979 originated loans, above the county fleet's upper tercile (~16.7% top-1). The top three reporters together hold 30.1% of the book, so a handful of names dominate disclosed volume here.
Counties With Similar Application Volume
Nationwide counties nearest to Watauga County's 1,720 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Watauga County's $349,547 average loan (deduped against volume peers).
Lenders active in Watauga County
State Employees' Credit Union funded 165 of the 979 loans originated in Watauga County, 16.9% of the county. 192 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | State Employees' Credit Union | 165 | 16.9% |
| 2 | Rocket Mortgage | 85 | 8.7% |
| 3 | Movement Mortgage, LLC | 45 | 4.6% |
| 4 | First Ciitizens Bank and Trust | 41 | 4.2% |
| 5 | Truist Bank | 35 | 3.6% |
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; does not constitute financial advice for Watauga County borrowers.
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 Watauga County 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.