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2024 data HMDA 2024 disclosure official source

Alexandria City

4,388 mortgage applications, 10.6% denial rate. Verify FIPS 51510 with U.S. Census Bureau →

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Virginia · FIPS 51510

Local mortgage market. Alexandria City, Virginia saw 4,388 HMDA-reported mortgage applications in 2024. Lenders originated 2,421 of those loans and denied 467, producing a denial rate of 10.6% and an approval (origination) rate of 55.2%. The average loan amount was $665,030 at an average note rate of 6.88%, with applicants self-reporting average annual income of $36K. 255 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 18.5x, meaning typical borrowers took on mortgages of about 18.5 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 51510 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

4,388
Applications
2,421
Originated
10.6%
Denial Rate
55.2%
Approval Rate
$665,030
Avg Loan Amount
6.88%
Avg Interest Rate
$36K
Avg Applicant Income
18.5x
Loan-to-Income Ratio

Nearby Lenders in Alexandria City

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 Navy Federal Credit Union 121 5.0%
2 Rocket Mortgage 116 4.8%
3 Atlantic Coast Mortgage, LLC 81 3.3%
4 First Heritage Mortgage, LLC 80 3.3%
5 First Savings Mortgage Corporation 80 3.3%
Compare Navy Federal Credit Union vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Alexandria City?
In the 2024 HMDA reporting year, 4,388 mortgage applications were filed in Alexandria City, Virginia. Of these, 2,421 were originated (approved and funded), while 467 were denied, resulting in a denial rate of 10.6%.
What is the mortgage denial rate in Alexandria City?
The mortgage denial rate in Alexandria City is 10.6%. The approval (origination) rate is 55.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Alexandria City?
The average mortgage loan amount in Alexandria City is $665,030. The average interest rate is 6.881%. The average applicant income is $36K.
What is the loan-to-income ratio in Alexandria City?
The average loan-to-income ratio in Alexandria City is 18.5x, meaning borrowers took on loans averaging 18.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Alexandria City?
The top mortgage lenders in Alexandria City by origination volume are Navy Federal Credit Union, Rocket Mortgage, Atlantic Coast Mortgage, LLC. In total, 255 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.