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Fairfax 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.
Fairfax County, Virginia, saw 30,767 HMDA-reported applications and 18,472 originations ($10.0bn) in 2024.
That is 44.6 originations per 1,000 households, against 54.4 for Virginia and 48.0 nationally.
The county's denial rate was 20.8%, close to the state rate of 22.1%. The median rate spread on originated loans was 0.2 percentage points and 14.0% of originations were 1.5 points or more above the average prime offer rate.
146 lenders reached 25 applications in the county; the most active by originations were Navy Federal Credit Union (1,233), Rocket Mortgage (976) and United Wholesale Mortgage (770).
Originations were up 14% on 2023.
Most active lenders
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 146. Denial rate is denials over decided applications in this county.
Compared with Virginia and the nation
| Measure | This county | Virginia | United States |
|---|---|---|---|
| Denial rate | 20.8% | 22.1% | 24.3% |
| Median rate spread, pp | 0.2 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.0% | 16.5% | 15.6% |
| Average originated loan | $541k | $352k | $329k |
| Originations per 1,000 households | 44.6 | 54.4 | 48.0 |
| Home purchase share of originations | 59.4% | 55.8% | 57.0% |
| FHA-insured share | 4.1% | 11.7% | 13.4% |
| VA-guaranteed share | 11.0% | 16.4% | 7.9% |
Rate spread distribution
Share of 17,416 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 59% (10,966)Home improvement 12% (2,152)Refinancing 11% (1,942)Cash-out refinancing 9% (1,718)Other purpose 9% (1,694)
By type
Conventional 85% (15,683)FHA 4% (750)VA 11% (2,036)USDA 0% (3)
Trend by year
ApplicationsOriginations
This countyVirginia
Questions and answers
Which lenders are most active in Fairfax County, VA?
By 2024 originations: Navy Federal Credit Union (1,233), Rocket Mortgage (976), United Wholesale Mortgage (770), Truist Bank (729), Bank of America NA (479). 146 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Fairfax County?
20.8% of decided applications were denied in 2024, against 22.1% across Virginia and 24.3% nationally.
How many mortgages were originated in Fairfax County in 2024?
18,472 loans totalling $10.0bn, from 30,767 applications; 44.6 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 51059; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.