Danville City
Virginia · FIPS 51590
According to CFPB HMDA 2024 application volume among U.S. counties, Danville City ranks #1,251 of 3,210, and #57 of 133 in Virginia.
Mortgage lending activity in Danville 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. Danville City, Virginia saw 1,242 HMDA-reported mortgage applications in 2024. Lenders originated 625 of those loans and denied 246, producing a denial rate of 19.8% and an approval (origination) rate of 50.3%. The average loan amount was $158,945 at an average note rate of 7.36%, with applicants self-reporting average annual income of $36K. 143 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.4x, meaning typical borrowers took on mortgages of about 4.4 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 Danville City
In Danville City, lead originator ALCOVA Mortgage, LLC funded only 9.0% of 625 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 24.6% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Danville City's 1,242 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Danville City's $158,945 average loan (deduped against volume peers).
Lenders active in Danville City
ALCOVA Mortgage, LLC funded 56 of the 625 loans originated in Danville City, 9.0% of the county. 143 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | ALCOVA Mortgage, LLC | 56 | 9.0% |
| 2 | Rocket Mortgage | 55 | 8.8% |
| 3 | Movement Mortgage, LLC | 43 | 6.9% |
| 4 | Atlantic Union Bank | 42 | 6.7% |
| 5 | First National Bank | 35 | 5.6% |
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 Danville 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 Danville 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.