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2024 data HMDA 2024 disclosure official source

Hardy County

408 mortgage applications, 16.2% denial rate. Verify FIPS 54031 with U.S. Census Bureau →

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West Virginia · FIPS 54031

Local mortgage market. Hardy County, West Virginia saw 408 HMDA-reported mortgage applications in 2024. Lenders originated 254 of those loans and denied 66, producing a denial rate of 16.2% and an approval (origination) rate of 62.3%. The average loan amount was $210,809 at an average note rate of 7.31%, with applicants self-reporting average annual income of $35K. 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.

FIPS 54031 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

408
Applications
254
Originated
16.2%
Denial Rate
62.3%
Approval Rate
$210,809
Avg Loan Amount
7.31%
Avg Interest Rate
$35K
Avg Applicant Income
6.0x
Loan-to-Income Ratio

Nearby Lenders in Hardy County

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 Capon Valley Bank 38 15.0%
2 Pendleton Community Bank 34 13.4%
3 Rocket Mortgage 19 7.5%
4 Burke & Herbert Bk & Tr CO 15 5.9%
5 United Wholesale Mortgage 11 4.3%
Compare Capon Valley Bank vs Pendleton Community Bank →

Frequently Asked Questions

How many mortgage applications were filed in Hardy County?
In the 2024 HMDA reporting year, 408 mortgage applications were filed in Hardy County, West Virginia. Of these, 254 were originated (approved and funded), while 66 were denied, resulting in a denial rate of 16.2%.
What is the mortgage denial rate in Hardy County?
The mortgage denial rate in Hardy County is 16.2%. The approval (origination) rate is 62.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Hardy County?
The average mortgage loan amount in Hardy County is $210,809. The average interest rate is 7.312%. The average applicant income is $35K.
What is the loan-to-income ratio in Hardy County?
The average loan-to-income ratio in Hardy County is 6.0x, meaning borrowers took on loans averaging 6.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Hardy County?
The top mortgage lenders in Hardy County by origination volume are Capon Valley Bank, Pendleton Community Bank, Rocket Mortgage. In total, 67 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.