Mortgage lending in Salem city, Virginia
Lenders in Salem city, Virginia reported 896 mortgage applications for 2025, according to the CFPB.
896 mortgage applications and 611 loans originated in 2025; the denial rate was 14.8% of 751 applications decided. The median loan was about $185,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Roanoke, VA HUD Metro FMR Area.
- 896
- Applications
- 611
- Loans originated
- 14.8%
- Denial rate
- 111 denied of 751 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 896 | 611 |
| 2024 | 789 | 517 |
| 2023 | 708 | 461 |
| 2022 | 943 | 618 |
| 2021 | 1,461 | 1,030 |
| 2020 | 1,402 | 980 |
| 2019 | 921 | 595 |
| 2018 | 857 | 547 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| Atlantic Bay Mortgage Group | 69 | 81 |
| Rocket Mortgage | 54 | 67 |
| Freedom First Federal Credit Union | 48 | 60 |
| Virginia Federal Credit Union | 34 | 46 |
| Atlantic Union Bank | 33 | 44 |
| Truist Bank | 32 | 39 |
| Movement Mortgage, LLC | 23 | 24 |
| ALCOVA Mortgage, LLC | 18 | 21 |
| Pinnacle Bank | 14 | 24 |
| United Wholesale Mortgage | 13 | 17 |
| CNB Bank | 13 | 18 |
| Integrity Home Mortgage Corporation | 10 | 12 |
| First Ciitizens Bank and Trust | 10 | 14 |
| Blue Eagle Credit Union | 9 | 13 |
| Mortgage Research Center | 8 | 19 |
| loanDepot.com LLC | 7 | 13 |
| SWBC Mortgage Corporation | 7 | 9 |
| Nationstar Mortgage | 7 | 9 |
| Wells Fargo Bank NA | 7 | 8 |
| Pennymac Loan Services LLC | 7 | 18 |
| First Bank | 6 | 7 |
| Skyline National Bank | 6 | 6 |
| Delmar Financial Company | 5 | 6 |
| Sofi Bank, National Association | 5 | 7 |
| Fairway Independent Mort Corp | 5 | 5 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | under 10 | |
| Asian | 13 | no rate: base under 50 |
| Black or African American | 51 | no rate: base under 50 |
| Native Hawaiian or Other Pacific Islander | under 10 | |
| White | 677 | 14.2% of 576 decided |
| 2 or more minority races | under 10 | |
| Joint | 10 | no rate: base under 50 |
| Race Not Available | 141 | 14.2% of 113 decided |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | 35 | no rate: base under 50 |
| Not Hispanic or Latino | 700 | 14.8% of 595 decided |
| Joint | under 10 | |
| Ethnicity Not Available | 154 | 9.2% of 120 decided |
| Free Form Text Only | under 10 |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 285 | 14.0% of 235 decided |
| Female | 233 | 20.6% of 194 decided |
| Joint | 285 | 12.2% of 245 decided |
| Sex Not Available | 93 | 10.4% of 77 decided |
A category under 10 applications prints “under 10”, and beside a lone one the next-smallest is withheld too, so neither can be worked out from the whole. No rate is printed on fewer than 50 decisions. A denial rate does not control for credit history, income, debt or the property, so a difference between groups is not a measure of discrimination.
Rankings this appears in
- No. 1344 Counties by median mortgage
Sources
- HMDA public loan/application register (LAR) — each year's fullest national release — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- Census Bureau population estimates — nation and states, with components of change — U.S. Census Bureau · U.S. Government work · retrieved September 25, 2026
- HMDA transmittal sheet — every reporting lender, by year, with its name — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder
- Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026
Compiled automatically from HMDA public loan/application register (LAR) — each year's fullest national release, Census Bureau population estimates — nation and states, with components of change, HMDA transmittal sheet — every reporting lender, by year, with its name, HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved