Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Albemarle County, Virginia
Every institution that decided a 1–4 unit mortgage application in Albemarle County, home to Scottsville, between 2023 and 2025: 7,200 applications, 5,868 loans actually funded, across 8 kinds of borrowing.
Albemarle County at a glance
7,200Applications decided
2023–2025
5,868Loans funded
82% of decisions
29Census tracts
9 ZIP codes
113,683People
ACS 2023
What the data shows
The typical purchase mortgage here is $405K.
Lending by loan type in Albemarle County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 91.7% | 3,825 | $405K | 98% | 267 |
| Home improvement loans | 68.2% | 1,107 | $105K | 95% | 69 |
| Cash-out refinance | 73.2% | 732 | $165K | 95% | 123 |
| Refinance | 82.7% | 953 | $265K | 96% | 118 |
| Investment property purchase | 89.4% | 407 | $295K | 98% | 115 |
| Investment cash-out refinance | 66.7% | 66 | $255K | 86% | 36 |
| Investment refinance | 77.9% | 68 | $275K | 92% | 44 |
| Investment home improvement | 45.2% | 42 | $155K | 84% | 20 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.