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2024 data HMDA 2024 disclosure official source

Nottoway County

530 mortgage applications, 18.1% denial rate. Verify FIPS 51135 with U.S. Census Bureau →

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Virginia · FIPS 51135

Local mortgage market. Nottoway County, Virginia saw 530 HMDA-reported mortgage applications in 2024. Lenders originated 252 of those loans and denied 96, producing a denial rate of 18.1% and an approval (origination) rate of 47.5%. The average loan amount was $177,604 at an average note rate of 7.00%, with applicants self-reporting average annual income of $37K. 74 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.8x, meaning typical borrowers took on mortgages of about 4.8 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 51135 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

530
Applications
252
Originated
18.1%
Denial Rate
47.5%
Approval Rate
$177,604
Avg Loan Amount
7.00%
Avg Interest Rate
$37K
Avg Applicant Income
4.8x
Loan-to-Income Ratio

Nearby Lenders in Nottoway 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 Benchmark Community Bank 26 10.3%
2 Citizens Bank & Trust CO. 21 8.3%
3 ALCOVA Mortgage, LLC 17 6.7%
4 Rocket Mortgage 16 6.3%
5 Virginia Federal Credit Union 16 6.3%
Compare Benchmark Community Bank vs Citizens Bank & Trust CO. →

Frequently Asked Questions

How many mortgage applications were filed in Nottoway County?
In the 2024 HMDA reporting year, 530 mortgage applications were filed in Nottoway County, Virginia. Of these, 252 were originated (approved and funded), while 96 were denied, resulting in a denial rate of 18.1%.
What is the mortgage denial rate in Nottoway County?
The mortgage denial rate in Nottoway County is 18.1%. The approval (origination) rate is 47.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Nottoway County?
The average mortgage loan amount in Nottoway County is $177,604. The average interest rate is 7.005%. The average applicant income is $37K.
What is the loan-to-income ratio in Nottoway County?
The average loan-to-income ratio in Nottoway County is 4.8x, meaning borrowers took on loans averaging 4.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Nottoway County?
The top mortgage lenders in Nottoway County by origination volume are Benchmark Community Bank, Citizens Bank & Trust CO., ALCOVA Mortgage, LLC. In total, 74 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.