Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Buncombe County, North Carolina
Every institution that decided a 1–4 unit mortgage application in Buncombe County, home to Asheville, between 2023 and 2025: 18,779 applications, 13,852 loans actually funded, across 8 kinds of borrowing.
Buncombe County at a glance
18,779Applications decided
2023–2025
13,852Loans funded
74% of decisions
65Census tracts
14 ZIP codes
271,790People
ACS 2023
What the data shows
Lenders approved 83.3% of home-purchase applications in Buncombe County, 4.3 points below the North Carolina rate.
The typical purchase mortgage here is $365K.
Investment home improvement is the hardest money to get here: lenders approved 62% of 223 applications.
Lending by loan type in Buncombe County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 83.3% | 8,977 | $365K | 95% | 378 |
| Home improvement loans | 65.0% | 2,910 | $105K | 96% | 101 |
| Cash-out refinance | 68.9% | 2,374 | $195K | 95% | 187 |
| Refinance | 77.1% | 2,281 | $195K | 94% | 173 |
| Investment property purchase | 88.7% | 1,431 | $355K | 94% | 239 |
| Investment cash-out refinance | 74.4% | 336 | $285K | 93% | 107 |
| Investment refinance | 78.1% | 247 | $255K | 96% | 94 |
| Investment home improvement | 61.9% | 223 | $105K | 94% | 45 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.