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2024 data HMDA 2024 disclosure official source

Middlesex County

582 mortgage applications, 14.6% denial rate. Verify FIPS 51119 with U.S. Census Bureau →

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Virginia · FIPS 51119

Local mortgage market. Middlesex County, Virginia saw 582 HMDA-reported mortgage applications in 2024. Lenders originated 304 of those loans and denied 85, producing a denial rate of 14.6% and an approval (origination) rate of 52.2%. The average loan amount was $250,292 at an average note rate of 7.16%, with applicants self-reporting average annual income of $37K. 97 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.8x, meaning typical borrowers took on mortgages of about 6.8 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 51119 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

582
Applications
304
Originated
14.6%
Denial Rate
52.2%
Approval Rate
$250,292
Avg Loan Amount
7.16%
Avg Interest Rate
$37K
Avg Applicant Income
6.8x
Loan-to-Income Ratio

Nearby Lenders in Middlesex 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 Primis Bank 22 7.2%
2 Rocket Mortgage 21 6.9%
3 Atlantic Bay Mortgage Group 16 5.3%
4 Citizens and Farmers Bank 14 4.6%
5 Truist Bank 14 4.6%
Compare Primis Bank vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Middlesex County?
In the 2024 HMDA reporting year, 582 mortgage applications were filed in Middlesex County, Virginia. Of these, 304 were originated (approved and funded), while 85 were denied, resulting in a denial rate of 14.6%.
What is the mortgage denial rate in Middlesex County?
The mortgage denial rate in Middlesex County is 14.6%. The approval (origination) rate is 52.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Middlesex County?
The average mortgage loan amount in Middlesex County is $250,292. The average interest rate is 7.157%. The average applicant income is $37K.
What is the loan-to-income ratio in Middlesex County?
The average loan-to-income ratio in Middlesex County is 6.8x, meaning borrowers took on loans averaging 6.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Middlesex County?
The top mortgage lenders in Middlesex County by origination volume are Primis Bank, Rocket Mortgage, Atlantic Bay Mortgage Group. In total, 97 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.