Norton City
Virginia · FIPS 51720
According to CFPB HMDA 2024 application volume among U.S. counties, Norton City ranks #2,922 of 3,210, and #132 of 133 in Virginia.
Mortgage lending activity in Norton 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. Norton City, Virginia saw 82 HMDA-reported mortgage applications in 2024. Lenders originated 38 of those loans and denied 20, producing a denial rate of 24.4% and an approval (origination) rate of 46.3%. The average loan amount was $125,976 at an average note rate of 7.25%, with applicants self-reporting average annual income of $37K. 18 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 3.4x, meaning typical borrowers took on mortgages of about 3.4 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 Norton City
In Norton City, lead originator Eastman Credit Union funded 34.2% of 38 originated loans, above the county fleet's upper tercile (~16.7% top-1). The top three reporters together hold 52.6% of the book, so a handful of names dominate disclosed volume here.
Counties With Similar Application Volume
Nationwide counties nearest to Norton City's 82 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Norton City's $125,976 average loan (deduped against volume peers).
Lenders active in Norton City
Eastman Credit Union funded 13 of the 38 loans originated in Norton City, 34.2% of the county. 18 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Eastman Credit Union | 13 | 34.2% |
| 2 | Appalachian Community Federal Credit Union | 4 | 10.5% |
| 3 | The First Bank & Trust Company | 3 | 7.9% |
| 4 | Movement Mortgage, LLC | 2 | 5.3% |
| 5 | Rocket Mortgage | 2 | 5.3% |
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 Norton 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 Norton 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.