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2024 data HMDA 2024 disclosure official source

Fauquier County

3,344 mortgage applications, 15.0% denial rate. Verify FIPS 51061 with U.S. Census Bureau →

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Virginia · FIPS 51061

Local mortgage market. Fauquier County, Virginia saw 3,344 HMDA-reported mortgage applications in 2024. Lenders originated 1,799 of those loans and denied 503, producing a denial rate of 15.0% and an approval (origination) rate of 53.8%. The average loan amount was $379,205 at an average note rate of 7.27%, with applicants self-reporting average annual income of $38K. 220 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 10.0x, meaning typical borrowers took on mortgages of about 10.0 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 51061 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,344
Applications
1,799
Originated
15.0%
Denial Rate
53.8%
Approval Rate
$379,205
Avg Loan Amount
7.27%
Avg Interest Rate
$38K
Avg Applicant Income
10.0x
Loan-to-Income Ratio

Nearby Lenders in Fauquier 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 Navy Federal Credit Union 129 7.2%
2 Rocket Mortgage 122 6.8%
3 Cmg Mortgage INC 91 5.1%
4 Truist Bank 74 4.1%
5 Atlantic Coast Mortgage, LLC 67 3.7%
Compare Navy Federal Credit Union vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Fauquier County?
In the 2024 HMDA reporting year, 3,344 mortgage applications were filed in Fauquier County, Virginia. Of these, 1,799 were originated (approved and funded), while 503 were denied, resulting in a denial rate of 15.0%.
What is the mortgage denial rate in Fauquier County?
The mortgage denial rate in Fauquier County is 15.0%. The approval (origination) rate is 53.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Fauquier County?
The average mortgage loan amount in Fauquier County is $379,205. The average interest rate is 7.269%. The average applicant income is $38K.
What is the loan-to-income ratio in Fauquier County?
The average loan-to-income ratio in Fauquier County is 10.0x, meaning borrowers took on loans averaging 10.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Fauquier County?
The top mortgage lenders in Fauquier County by origination volume are Navy Federal Credit Union, Rocket Mortgage, Cmg Mortgage INC. In total, 220 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.