PlainLender
2024 data HMDA 2024 disclosure official source

Waynesboro City

1,137 mortgage applications, 12.9% denial rate. Verify FIPS 51820 with U.S. Census Bureau →

PlainLender home → About this data

Virginia · FIPS 51820

Local mortgage market. Waynesboro City, Virginia saw 1,137 HMDA-reported mortgage applications in 2024. Lenders originated 628 of those loans and denied 147, producing a denial rate of 12.9% and an approval (origination) rate of 55.2%. The average loan amount was $224,595 at an average note rate of 7.22%, with applicants self-reporting average annual income of $38K. 106 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.9x, meaning typical borrowers took on mortgages of about 5.9 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 51820 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,137
Applications
628
Originated
12.9%
Denial Rate
55.2%
Approval Rate
$224,595
Avg Loan Amount
7.22%
Avg Interest Rate
$38K
Avg Applicant Income
5.9x
Loan-to-Income Ratio

Nearby Lenders in Waynesboro 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 Dupont Community Credit Union 100 15.9%
2 Rocket Mortgage 40 6.4%
3 Cmg Mortgage INC 36 5.7%
4 Uva Community Credit Union 33 5.3%
5 City National Bank of WV 29 4.6%
Compare Dupont Community Credit Union vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Waynesboro City?
In the 2024 HMDA reporting year, 1,137 mortgage applications were filed in Waynesboro City, Virginia. Of these, 628 were originated (approved and funded), while 147 were denied, resulting in a denial rate of 12.9%.
What is the mortgage denial rate in Waynesboro City?
The mortgage denial rate in Waynesboro City is 12.9%. The approval (origination) rate is 55.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Waynesboro City?
The average mortgage loan amount in Waynesboro City is $224,595. The average interest rate is 7.224%. The average applicant income is $38K.
What is the loan-to-income ratio in Waynesboro City?
The average loan-to-income ratio in Waynesboro City is 5.9x, meaning borrowers took on loans averaging 5.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Waynesboro City?
The top mortgage lenders in Waynesboro City by origination volume are Dupont Community Credit Union, Rocket Mortgage, Cmg Mortgage INC. In total, 106 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.