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2024 data HMDA 2024 disclosure official source

Wythe County

1,013 mortgage applications, 23.6% denial rate. Verify FIPS 51197 with U.S. Census Bureau →

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Virginia · FIPS 51197

Local mortgage market. Wythe County, Virginia saw 1,013 HMDA-reported mortgage applications in 2024. Lenders originated 524 of those loans and denied 239, producing a denial rate of 23.6% and an approval (origination) rate of 51.7%. The average loan amount was $149,857 at an average note rate of 7.48%, with applicants self-reporting average annual income of $37K. 85 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.1x, meaning typical borrowers took on mortgages of about 4.1 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 51197 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,013
Applications
524
Originated
23.6%
Denial Rate
51.7%
Approval Rate
$149,857
Avg Loan Amount
7.48%
Avg Interest Rate
$37K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in Wythe 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 Truliant Federal Credit Union 86 16.4%
2 Atlantic Bay Mortgage Group 48 9.2%
3 The Bank of Marion 47 9.0%
4 Rocket Mortgage 29 5.5%
5 Renasant Bank 27 5.2%
Compare Truliant Federal Credit Union vs Atlantic Bay Mortgage Group →

Frequently Asked Questions

How many mortgage applications were filed in Wythe County?
In the 2024 HMDA reporting year, 1,013 mortgage applications were filed in Wythe County, Virginia. Of these, 524 were originated (approved and funded), while 239 were denied, resulting in a denial rate of 23.6%.
What is the mortgage denial rate in Wythe County?
The mortgage denial rate in Wythe County is 23.6%. The approval (origination) rate is 51.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Wythe County?
The average mortgage loan amount in Wythe County is $149,857. The average interest rate is 7.478%. The average applicant income is $37K.
What is the loan-to-income ratio in Wythe County?
The average loan-to-income ratio in Wythe County is 4.1x, meaning borrowers took on loans averaging 4.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Wythe County?
The top mortgage lenders in Wythe County by origination volume are Truliant Federal Credit Union, Atlantic Bay Mortgage Group, The Bank of Marion. In total, 85 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.