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2024 data HMDA 2024 disclosure official source

Sussex County

356 mortgage applications, 19.4% denial rate. Verify FIPS 51183 with U.S. Census Bureau →

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Virginia · FIPS 51183

Local mortgage market. Sussex County, Virginia saw 356 HMDA-reported mortgage applications in 2024. Lenders originated 163 of those loans and denied 69, producing a denial rate of 19.4% and an approval (origination) rate of 45.8%. The average loan amount was $174,354 at an average note rate of 7.00%, with applicants self-reporting average annual income of $39K. 69 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.5x, meaning typical borrowers took on mortgages of about 4.5 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 51183 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

356
Applications
163
Originated
19.4%
Denial Rate
45.8%
Approval Rate
$174,354
Avg Loan Amount
7.00%
Avg Interest Rate
$39K
Avg Applicant Income
4.5x
Loan-to-Income Ratio

Nearby Lenders in Sussex 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 13 8.0%
2 Tidewater Mortgage Services, INC 12 7.4%
3 Atlantic Bay Mortgage Group 10 6.1%
4 Presidential Bank, FSB 10 6.1%
5 Navy Federal Credit Union 7 4.3%
Compare Rocket Mortgage vs Tidewater Mortgage Services, INC →

Frequently Asked Questions

How many mortgage applications were filed in Sussex County?
In the 2024 HMDA reporting year, 356 mortgage applications were filed in Sussex County, Virginia. Of these, 163 were originated (approved and funded), while 69 were denied, resulting in a denial rate of 19.4%.
What is the mortgage denial rate in Sussex County?
The mortgage denial rate in Sussex County is 19.4%. The approval (origination) rate is 45.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Sussex County?
The average mortgage loan amount in Sussex County is $174,354. The average interest rate is 7.003%. The average applicant income is $39K.
What is the loan-to-income ratio in Sussex County?
The average loan-to-income ratio in Sussex County is 4.5x, meaning borrowers took on loans averaging 4.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Sussex County?
The top mortgage lenders in Sussex County by origination volume are Rocket Mortgage, Tidewater Mortgage Services, INC, Atlantic Bay Mortgage Group. In total, 69 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.