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2024 data HMDA 2024 disclosure official source

Mason County

684 mortgage applications, 29.2% denial rate. Verify FIPS 54053 with U.S. Census Bureau →

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West Virginia · FIPS 54053

Local mortgage market. Mason County, West Virginia saw 684 HMDA-reported mortgage applications in 2024. Lenders originated 328 of those loans and denied 200, producing a denial rate of 29.2% and an approval (origination) rate of 48.0%. The average loan amount was $129,518 at an average note rate of 7.29%, with applicants self-reporting average annual income of $35K. 55 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.7x, meaning typical borrowers took on mortgages of about 3.7 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 54053 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

684
Applications
328
Originated
29.2%
Denial Rate
48.0%
Approval Rate
$129,518
Avg Loan Amount
7.29%
Avg Interest Rate
$35K
Avg Applicant Income
3.7x
Loan-to-Income Ratio

Nearby Lenders in Mason 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 City National Bank of WV 35 10.7%
2 The Ohio Valley Bank Company 33 10.1%
3 The Farmers Bank & Savings Com 29 8.8%
4 Rocket Mortgage 26 7.9%
5 Movement Mortgage, LLC 23 7.0%
Compare City National Bank of WV vs The Ohio Valley Bank Company →

Frequently Asked Questions

How many mortgage applications were filed in Mason County?
In the 2024 HMDA reporting year, 684 mortgage applications were filed in Mason County, West Virginia. Of these, 328 were originated (approved and funded), while 200 were denied, resulting in a denial rate of 29.2%.
What is the mortgage denial rate in Mason County?
The mortgage denial rate in Mason County is 29.2%. The approval (origination) rate is 48.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Mason County?
The average mortgage loan amount in Mason County is $129,518. The average interest rate is 7.287%. The average applicant income is $35K.
What is the loan-to-income ratio in Mason County?
The average loan-to-income ratio in Mason County is 3.7x, meaning borrowers took on loans averaging 3.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Mason County?
The top mortgage lenders in Mason County by origination volume are City National Bank of WV, The Ohio Valley Bank Company, The Farmers Bank & Savings Com. In total, 55 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.