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2024 data HMDA 2024 disclosure official source

Louisa County

2,651 mortgage applications, 17.4% denial rate. Verify FIPS 51109 with U.S. Census Bureau →

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Virginia · FIPS 51109

Local mortgage market. Louisa County, Virginia saw 2,651 HMDA-reported mortgage applications in 2024. Lenders originated 1,318 of those loans and denied 462, producing a denial rate of 17.4% and an approval (origination) rate of 49.7%. The average loan amount was $286,637 at an average note rate of 7.18%, with applicants self-reporting average annual income of $38K. 199 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 51109 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,651
Applications
1,318
Originated
17.4%
Denial Rate
49.7%
Approval Rate
$286,637
Avg Loan Amount
7.18%
Avg Interest Rate
$38K
Avg Applicant Income
7.5x
Loan-to-Income Ratio

Nearby Lenders in Louisa 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 98 7.4%
2 Uva Community Credit Union 64 4.9%
3 United Wholesale Mortgage 57 4.3%
4 Navy Federal Credit Union 49 3.7%
5 Truist Bank 40 3.0%
Compare Rocket Mortgage vs Uva Community Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Louisa County?
In the 2024 HMDA reporting year, 2,651 mortgage applications were filed in Louisa County, Virginia. Of these, 1,318 were originated (approved and funded), while 462 were denied, resulting in a denial rate of 17.4%.
What is the mortgage denial rate in Louisa County?
The mortgage denial rate in Louisa County is 17.4%. The approval (origination) rate is 49.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Louisa County?
The average mortgage loan amount in Louisa County is $286,637. The average interest rate is 7.183%. The average applicant income is $38K.
What is the loan-to-income ratio in Louisa County?
The average loan-to-income ratio in Louisa 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 Louisa County?
The top mortgage lenders in Louisa County by origination volume are Rocket Mortgage, Uva Community Credit Union, United Wholesale Mortgage. In total, 199 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.