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2024 data HMDA 2024 disclosure official source

Buena Vista City

215 mortgage applications, 18.6% denial rate. Verify FIPS 51530 with U.S. Census Bureau →

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Virginia · FIPS 51530

Local mortgage market. Buena Vista City, Virginia saw 215 HMDA-reported mortgage applications in 2024. Lenders originated 107 of those loans and denied 40, producing a denial rate of 18.6% and an approval (origination) rate of 49.8%. The average loan amount was $146,907 at an average note rate of 6.97%, with applicants self-reporting average annual income of $37K. 42 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.0x, meaning typical borrowers took on mortgages of about 4.0 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 51530 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

215
Applications
107
Originated
18.6%
Denial Rate
49.8%
Approval Rate
$146,907
Avg Loan Amount
6.97%
Avg Interest Rate
$37K
Avg Applicant Income
4.0x
Loan-to-Income Ratio

Nearby Lenders in Buena Vista 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 Atlantic Union Bank 10 9.3%
2 ALCOVA Mortgage, LLC 9 8.4%
3 City National Bank of WV 9 8.4%
4 Atlantic Bay Mortgage Group 8 7.5%
5 Rocket Mortgage 8 7.5%
Compare Atlantic Union Bank vs ALCOVA Mortgage, LLC →

Frequently Asked Questions

How many mortgage applications were filed in Buena Vista City?
In the 2024 HMDA reporting year, 215 mortgage applications were filed in Buena Vista City, Virginia. Of these, 107 were originated (approved and funded), while 40 were denied, resulting in a denial rate of 18.6%.
What is the mortgage denial rate in Buena Vista City?
The mortgage denial rate in Buena Vista City is 18.6%. The approval (origination) rate is 49.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Buena Vista City?
The average mortgage loan amount in Buena Vista City is $146,907. The average interest rate is 6.966%. The average applicant income is $37K.
What is the loan-to-income ratio in Buena Vista City?
The average loan-to-income ratio in Buena Vista City is 4.0x, meaning borrowers took on loans averaging 4.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Buena Vista City?
The top mortgage lenders in Buena Vista City by origination volume are Atlantic Union Bank, ALCOVA Mortgage, LLC, City National Bank of WV. In total, 42 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.