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2024 data HMDA 2024 disclosure official source

Emporia City

151 mortgage applications, 20.5% denial rate. Verify FIPS 51595 with U.S. Census Bureau →

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Virginia · FIPS 51595

Local mortgage market. Emporia City, Virginia saw 151 HMDA-reported mortgage applications in 2024. Lenders originated 75 of those loans and denied 31, producing a denial rate of 20.5% and an approval (origination) rate of 49.7%. The average loan amount was $189,305 at an average note rate of 7.18%, with applicants self-reporting average annual income of $41K. 43 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.6x, meaning typical borrowers took on mortgages of about 4.6 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 51595 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

151
Applications
75
Originated
20.5%
Denial Rate
49.7%
Approval Rate
$189,305
Avg Loan Amount
7.18%
Avg Interest Rate
$41K
Avg Applicant Income
4.6x
Loan-to-Income Ratio

Nearby Lenders in Emporia 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 Bay Mortgage Group 6 8.0%
2 Benchmark Community Bank 6 8.0%
3 Movement Mortgage, LLC 4 5.3%
4 Rocket Mortgage 4 5.3%
5 Fay Servicing LLC 3 4.0%
Compare Atlantic Bay Mortgage Group vs Benchmark Community Bank →

Frequently Asked Questions

How many mortgage applications were filed in Emporia City?
In the 2024 HMDA reporting year, 151 mortgage applications were filed in Emporia City, Virginia. Of these, 75 were originated (approved and funded), while 31 were denied, resulting in a denial rate of 20.5%.
What is the mortgage denial rate in Emporia City?
The mortgage denial rate in Emporia City is 20.5%. The approval (origination) rate is 49.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Emporia City?
The average mortgage loan amount in Emporia City is $189,305. The average interest rate is 7.181%. The average applicant income is $41K.
What is the loan-to-income ratio in Emporia City?
The average loan-to-income ratio in Emporia City is 4.6x, meaning borrowers took on loans averaging 4.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Emporia City?
The top mortgage lenders in Emporia City by origination volume are Atlantic Bay Mortgage Group, Benchmark Community Bank, Movement Mortgage, LLC. In total, 43 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.