Charlottesville City
Virginia · FIPS 51540
According to CFPB HMDA 2024 application volume among U.S. counties, Charlottesville City ranks #1,431 of 3,223, and #66 of 133 in Virginia.
Mortgage lending activity in Charlottesville City, Virginia based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Charlottesville City, Virginia lenders denied 138 of the applications reported here, financing the rest at an average note rate of 7.16%, with applicants self-reporting average annual income of $35K. 134 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 10.9x, meaning typical borrowers took on mortgages of about 10.9 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Charlottesville City
In Charlottesville City, lead originator Uva Community Credit Union funded only 10.3% of 551 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 20.7% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Charlottesville City's 1,002 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Charlottesville City's $382,315 average loan (deduped against volume peers).
Lenders active in Charlottesville City
Uva Community Credit Union funded 57 of the 551 loans originated in Charlottesville City, 10.3% of the county. 134 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Uva Community Credit Union | 57 | 10.3% |
| 2 | First Heritage Mortgage, LLC | 31 | 5.6% |
| 3 | Rocket Mortgage | 26 | 4.7% |
| 4 | Truist Bank | 24 | 4.4% |
| 5 | Virginia Federal Credit Union | 21 | 3.8% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Charlottesville City, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Charlottesville City borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.