Radford City
Virginia · FIPS 51750
According to CFPB HMDA 2024 application volume among U.S. counties, Radford City ranks #2,123 of 3,210, and #107 of 133 in Virginia.
Mortgage lending activity in Radford 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. Radford City, Virginia saw 427 HMDA-reported mortgage applications in 2024. Lenders originated 237 of those loans and denied 60, producing a denial rate of 14.1% and an approval (origination) rate of 55.5%. The average loan amount was $217,717 at an average note rate of 7.29%, with applicants self-reporting average annual income of $36K. 67 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 6.0x, meaning typical borrowers took on mortgages of about 6.0 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 Radford City
In Radford City, lead originator Freedom First Federal Credit Union funded only 8.0% of 237 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 21.5% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Radford City's 427 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Radford City's $217,717 average loan (deduped against volume peers).
Lenders active in Radford City
Freedom First Federal Credit Union funded 19 of the 237 loans originated in Radford City, 8.0% of the county. 67 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Freedom First Federal Credit Union | 19 | 8.0% |
| 2 | Rocket Mortgage | 19 | 8.0% |
| 3 | ALCOVA Mortgage, LLC | 13 | 5.5% |
| 4 | Movement Mortgage, LLC | 12 | 5.1% |
| 5 | Truist Bank | 12 | 5.1% |
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 Radford 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 Radford 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.