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Amherst County, Virginia
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Lenders reported 1,066 mortgage applications in Amherst County, Virginia, for 2024, and originated 612 loans worth $126m.
That is 48.2 originations per 1,000 households, against 54.4 for Virginia and 48.0 nationally.
The county's denial rate was 24.7%, above the state rate of 22.1%. The median rate spread on originated loans was 0.5 percentage points and 13.4% of originations were 1.5 points or more above the average prime offer rate.
11 lenders reached 25 applications in the county; the most active by originations were Rocket Mortgage (65), Truist Bank (47) and United Wholesale Mortgage (28).
Originations were about level with 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | 76 | 65 | $14m | 7.1% | — |
| 2 | Truist Bank | 83 | 47 | $6.1m | 36.4% | — |
| 3 | United Wholesale Mortgage | 34 | 28 | $6.4m | 6.7% | — |
| 4 | ALCOVA Mortgage, LLC | 28 | 22 | $5.5m | 0.0% | — |
| 5 | Atlantic Coast Mortgage, LLC | 29 | 21 | $4.3m | — | — |
| 6 | Fairway Independent Mort Corp | 25 | 21 | $4.7m | — | — |
| 7 | Atlantic Bay Mortgage Group | 25 | 21 | $3.3m | — | — |
| 8 | Member One Federal Credit Union | 35 | 18 | $1.5m | 42.4% | — |
| 9 | Beacon Credit Union | 30 | 14 | $1.6m | 48.1% | — |
| 10 | Freedom Mortgage Corporation | 25 | 13 | $3.1m | — | — |
| 11 | Vanderbilt Mortgage and Finance, Inc | 65 | 1 | $155k | 97.0% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 11. Denial rate is denials over decided applications in this county.
Compared with Virginia and the nation
| Measure | This county | Virginia | United States |
|---|---|---|---|
| Denial rate | 24.7% | 22.1% | 24.3% |
| Median rate spread, pp | 0.5 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 13.4% | 16.5% | 15.6% |
| Average originated loan | $206k | $352k | $329k |
| Originations per 1,000 households | 48.2 | 54.4 | 48.0 |
| Home purchase share of originations | 54.4% | 55.8% | 57.0% |
| FHA-insured share | 21.4% | 11.7% | 13.4% |
| VA-guaranteed share | 9.8% | 16.4% | 7.9% |
Rate spread distribution
Share of 545 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Virginia). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 54% (333)Home improvement 8% (52)Refinancing 14% (87)Cash-out refinancing 13% (81)Other purpose 10% (59)
By type
Conventional 65% (396)FHA 21% (131)VA 10% (60)USDA 4% (25)
Trend by year
ApplicationsOriginations
This countyVirginia
Questions and answers
Which lenders are most active in Amherst County, VA?
By 2024 originations: Rocket Mortgage (65), Truist Bank (47), United Wholesale Mortgage (28), ALCOVA Mortgage, LLC (22), Atlantic Coast Mortgage, LLC (21). 11 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Amherst County?
24.7% of decided applications were denied in 2024, against 22.1% across Virginia and 24.3% nationally.
How many mortgages were originated in Amherst County in 2024?
612 loans totalling $126m, from 1,066 applications; 48.2 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 51009; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.