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2024 data HMDA 2024 disclosure official source

Frederick County

5,195 mortgage applications, 14.2% denial rate. Verify FIPS 51069 with U.S. Census Bureau →

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Virginia · FIPS 51069

Local mortgage market. Frederick County, Virginia saw 5,195 HMDA-reported mortgage applications in 2024. Lenders originated 2,782 of those loans and denied 740, producing a denial rate of 14.2% and an approval (origination) rate of 53.6%. The average loan amount was $286,176 at an average note rate of 7.12%, with applicants self-reporting average annual income of $38K. 242 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.5x, meaning typical borrowers took on mortgages of about 7.5 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 51069 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

5,195
Applications
2,782
Originated
14.2%
Denial Rate
53.6%
Approval Rate
$286,176
Avg Loan Amount
7.12%
Avg Interest Rate
$38K
Avg Applicant Income
7.5x
Loan-to-Income Ratio

Nearby Lenders in Frederick 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 Rocket Mortgage 204 7.3%
2 Navy Federal Credit Union 186 6.7%
3 DHI Mortgage Company, LTD. 163 5.9%
4 Integrity Home Mortgage Corporation 114 4.1%
5 United Wholesale Mortgage 104 3.7%
Compare Rocket Mortgage vs Navy Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Frederick County?
In the 2024 HMDA reporting year, 5,195 mortgage applications were filed in Frederick County, Virginia. Of these, 2,782 were originated (approved and funded), while 740 were denied, resulting in a denial rate of 14.2%.
What is the mortgage denial rate in Frederick County?
The mortgage denial rate in Frederick County is 14.2%. The approval (origination) rate is 53.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Frederick County?
The average mortgage loan amount in Frederick County is $286,176. The average interest rate is 7.119%. The average applicant income is $38K.
What is the loan-to-income ratio in Frederick County?
The average loan-to-income ratio in Frederick County is 7.5x, meaning borrowers took on loans averaging 7.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Frederick County?
The top mortgage lenders in Frederick County by origination volume are Rocket Mortgage, Navy Federal Credit Union, DHI Mortgage Company, LTD.. In total, 242 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.