Fairfax City
Virginia · FIPS 51600
According to CFPB HMDA 2024 application volume among U.S. counties, Fairfax City ranks #1,568 of 3,210, and #76 of 133 in Virginia.
Mortgage lending activity in Fairfax 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. Fairfax City, Virginia saw 843 HMDA-reported mortgage applications in 2024. Lenders originated 442 of those loans and denied 119, producing a denial rate of 14.1% and an approval (origination) rate of 52.4%. The average loan amount was $453,292 at an average note rate of 7.13%, with applicants self-reporting average annual income of $37K. 115 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 12.3x, meaning typical borrowers took on mortgages of about 12.3 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 Fairfax City
In Fairfax City, lead originator Navy Federal Credit Union funded only 7.2% of 442 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 17.4% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Fairfax City's 843 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Fairfax City's $453,292 average loan (deduped against volume peers).
Lenders active in Fairfax City
Navy Federal Credit Union funded 32 of the 442 loans originated in Fairfax City, 7.2% of the county. 115 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Navy Federal Credit Union | 32 | 7.2% |
| 2 | United Wholesale Mortgage | 23 | 5.2% |
| 3 | Nvr Mortgage Finance, INC. | 22 | 5.0% |
| 4 | Rocket Mortgage | 19 | 4.3% |
| 5 | Apple Federal Credit Union | 17 | 3.8% |
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 Fairfax 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 Fairfax 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.