Suffolk City
Virginia · FIPS 51800
According to CFPB HMDA 2024 application volume among U.S. counties, Suffolk City ranks #408 of 3,210, and #14 of 133 in Virginia.
Mortgage lending activity in Suffolk 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. Suffolk City, Virginia saw 6,592 HMDA-reported mortgage applications in 2024. Lenders originated 3,363 of those loans and denied 889, producing a denial rate of 13.5% and an approval (origination) rate of 51.0%. The average loan amount was $299,245 at an average note rate of 6.99%, with applicants self-reporting average annual income of $40K. 207 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 7.5x, meaning typical borrowers took on mortgages of about 7.5 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 Suffolk City
In Suffolk City, lead originator Navy Federal Credit Union funded only 8.4% of 3,363 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 19.4% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Suffolk City's 6,592 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Suffolk City's $299,245 average loan (deduped against volume peers).
Lenders active in Suffolk City
Navy Federal Credit Union funded 282 of the 3,363 loans originated in Suffolk City, 8.4% of the county. 207 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Navy Federal Credit Union | 282 | 8.4% |
| 2 | Mortgage Research Center | 188 | 5.6% |
| 3 | United Wholesale Mortgage | 182 | 5.4% |
| 4 | Atlantic Bay Mortgage Group | 176 | 5.2% |
| 5 | American Neighborhood Mortgage Acceptance Company | 164 | 4.9% |
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 Suffolk 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 Suffolk 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.