Colonial Heights City
Virginia · FIPS 51570
According to CFPB HMDA 2024 application volume among U.S. counties, Colonial Heights City ranks #1,565 of 3,210, and #75 of 133 in Virginia.
Mortgage lending activity in Colonial Heights 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. Colonial Heights City, Virginia saw 846 HMDA-reported mortgage applications in 2024. Lenders originated 426 of those loans and denied 140, producing a denial rate of 16.6% and an approval (origination) rate of 50.4%. The average loan amount was $196,903 at an average note rate of 6.87%, with applicants self-reporting average annual income of $40K. 113 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.9x, meaning typical borrowers took on mortgages of about 4.9 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 Colonial Heights City
In Colonial Heights City, lead originator Rocket Mortgage funded only 9.6% of 426 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 19.7% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Colonial Heights City's 846 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Colonial Heights City's $196,903 average loan (deduped against volume peers).
Lenders active in Colonial Heights City
Rocket Mortgage funded 41 of the 426 loans originated in Colonial Heights City, 9.6% of the county. 113 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 41 | 9.6% |
| 2 | Virginia Federal Credit Union | 24 | 5.6% |
| 3 | United Wholesale Mortgage | 19 | 4.5% |
| 4 | Village Bank Mortgage Corp. | 15 | 3.5% |
| 5 | Movement Mortgage, LLC | 14 | 3.3% |
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; does not constitute financial advice for Colonial Heights City borrowers.
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 Colonial Heights City 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. 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.