District of Columbia Mortgage Lending
387 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 16,961 HMDA-reported mortgage applications in District of Columbia in 2024, originating 8,399 loans and denying 2,959. That puts the statewide denial rate at 17.4% and the approval (origination) rate at 49.5%. The average loan amount across District of Columbia was $648,816 at an average note rate of 7.03%. 387 distinct institutions — banks, credit unions, and independent mortgage companies — filed HMDA data covering activity in the state. Applications span 1 counties and 2 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups — for example, White applicants had an approval rate of 65.8% and denial rate of 12.0%; while Black or African American applicants had an approval rate of 43.8% and denial rate of 28.7%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include District of Columbia.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in District of Columbia
Top HMDA-reporting lenders active in District of Columbia. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | First Savings Mortgage Corporation | 433 | 5.2% |
| 2 | ROCKET MORTGAGE | 389 | 4.6% |
| 3 | JPMorgan Chase Bank, NA | 373 | 4.4% |
| 4 | First Home Mortgage | 325 | 3.9% |
| 5 | Navy Federal Credit Union | 266 | 3.2% |
Lending by Race in District of Columbia
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 5,744 | 65.8% | 12.0% |
| Black or African American | 4,241 | 43.8% | 28.7% |
| Asian | 770 | 58.7% | 12.6% |
| Joint | 526 | 69.4% | 8.8% |
| 2 or more minority races | 66 | 42.4% | 24.2% |
| American Indian or Alaska Native | 57 | 35.1% | 33.3% |
| Native Hawaiian or Other Pacific Islander | 27 | 40.7% | 29.6% |
Counties in District of Columbia
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| District of Columbia | 16,791 | 8,348 | 17.5% | $642,266 |
Metro Areas in District of Columbia
Frequently Asked Questions
How many mortgage applications were filed in District of Columbia?
What is the mortgage denial rate in District of Columbia?
What is the average mortgage loan amount in District of Columbia?
How many mortgage lenders operate in District of Columbia?
How do mortgage denial rates vary by demographics in District of Columbia?
Which counties in District of Columbia have the most mortgage activity?
Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.
