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2024 data HMDA 2024 disclosure official source

Goochland County

1,377 mortgage applications, 14.5% denial rate. Verify FIPS 51075 with U.S. Census Bureau →

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Virginia · FIPS 51075

Local mortgage market. Goochland County, Virginia saw 1,377 HMDA-reported mortgage applications in 2024. Lenders originated 738 of those loans and denied 200, producing a denial rate of 14.5% and an approval (origination) rate of 53.6%. The average loan amount was $369,866 at an average note rate of 7.20%, with applicants self-reporting average annual income of $36K. 149 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 10.3x, meaning typical borrowers took on mortgages of about 10.3 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 51075 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,377
Applications
738
Originated
14.5%
Denial Rate
53.6%
Approval Rate
$369,866
Avg Loan Amount
7.20%
Avg Interest Rate
$36K
Avg Applicant Income
10.3x
Loan-to-Income Ratio

Nearby Lenders in Goochland 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 Truist Bank 59 8.0%
2 Rocket Mortgage 56 7.6%
3 Virginia Federal Credit Union 52 7.0%
4 United Bank 33 4.5%
5 TowneBank 22 3.0%
Compare Truist Bank vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Goochland County?
In the 2024 HMDA reporting year, 1,377 mortgage applications were filed in Goochland County, Virginia. Of these, 738 were originated (approved and funded), while 200 were denied, resulting in a denial rate of 14.5%.
What is the mortgage denial rate in Goochland County?
The mortgage denial rate in Goochland County is 14.5%. The approval (origination) rate is 53.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Goochland County?
The average mortgage loan amount in Goochland County is $369,866. The average interest rate is 7.197%. The average applicant income is $36K.
What is the loan-to-income ratio in Goochland County?
The average loan-to-income ratio in Goochland County is 10.3x, meaning borrowers took on loans averaging 10.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Goochland County?
The top mortgage lenders in Goochland County by origination volume are Truist Bank, Rocket Mortgage, Virginia Federal Credit Union. In total, 149 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.