Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Fairfax County, Virginia
Every institution that decided a 1–4 unit mortgage application in Fairfax County, home to Herndon, between 2023 and 2025: 63,050 applications, 50,436 loans actually funded, across 8 kinds of borrowing.
Fairfax County at a glance
63,050Applications decided
2023–2025
50,436Loans funded
80% of decisions
274Census tracts
44 ZIP codes
1,144,474People
ACS 2023
What the data shows
The typical purchase mortgage here is $585K.
Investment home improvement is the hardest money to get here: lenders approved 39% of 469 applications.
Lending by loan type in Fairfax County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 93.2% | 32,941 | $585K | 98% | 519 |
| Home improvement loans | 65.5% | 10,416 | $105K | 94% | 178 |
| Cash-out refinance | 71.5% | 7,324 | $195K | 95% | 293 |
| Refinance | 76.9% | 8,465 | $555K | 94% | 346 |
| Investment property purchase | 87.5% | 2,367 | $395K | 97% | 251 |
| Investment cash-out refinance | 66.8% | 617 | $305K | 94% | 158 |
| Investment refinance | 69.8% | 451 | $365K | 94% | 136 |
| Investment home improvement | 38.8% | 469 | $115K | 90% | 72 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.