States › Virginia › Surry County
Surry 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.
Surry County, Virginia, saw 267 HMDA-reported applications and 128 originations ($28m) in 2024.
That is 45.2 originations per 1,000 households, against 54.4 for Virginia and 48.0 nationally.
The county's denial rate was 31.2%, above the state rate of 22.1%. The median rate spread on originated loans was 0.5 percentage points and 16.2% of originations were 1.5 points or more above the average prime offer rate.
1 lenders reached 25 applications in the county; the most active by originations were Vanderbilt Mortgage and Finance, Inc (2).
Originations were about level with 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance, Inc | 29 | 2 | $300k | — | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 1. Denial rate is denials over decided applications in this county.
Compared with Virginia and the nation
| Measure | This county | Virginia | United States |
|---|---|---|---|
| Denial rate | 31.2% | 22.1% | 24.3% |
| Median rate spread, pp | 0.5 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 16.2% | 16.5% | 15.6% |
| Average originated loan | $221k | $352k | $329k |
| Originations per 1,000 households | 45.2 | 54.4 | 48.0 |
| Home purchase share of originations | 46.9% | 55.8% | 57.0% |
| FHA-insured share | 20.3% | 11.7% | 13.4% |
| VA-guaranteed share | 16.4% | 16.4% | 7.9% |
Rate spread distribution
Share of 117 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 47% (60)Home improvement 12% (15)Refinancing 16% (21)Cash-out refinancing 13% (17)Other purpose 12% (15)
By type
Conventional 59% (76)FHA 20% (26)VA 16% (21)USDA 4% (5)
Trend by year
ApplicationsOriginations
This countyVirginia
Questions and answers
Which lenders are most active in Surry County, VA?
By 2024 originations: Vanderbilt Mortgage and Finance, Inc (2). 1 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Surry County?
31.2% of decided applications were denied in 2024, against 22.1% across Virginia and 24.3% nationally.
How many mortgages were originated in Surry County in 2024?
128 loans totalling $28m, from 267 applications; 45.2 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 51181; 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.