Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Hanover County, Virginia
Every institution that decided a 1–4 unit mortgage application in Hanover County, home to Ashland, between 2023 and 2025: 8,842 applications, 7,206 loans actually funded, across 8 kinds of borrowing.
Hanover County at a glance
8,842Applications decided
2023–2025
7,206Loans funded
81% of decisions
25Census tracts
7 ZIP codes
111,652People
ACS 2023
What the data shows
The typical purchase mortgage here is $365K.
Lending by loan type in Hanover County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 92.9% | 4,117 | $365K | 98% | 282 |
| Home improvement loans | 71.3% | 1,469 | $65K | 95% | 84 |
| Cash-out refinance | 76.2% | 1,594 | $125K | 95% | 133 |
| Refinance | 83.8% | 1,264 | $285K | 93% | 144 |
| Investment property purchase | 92.5% | 255 | $245K | 97% | 102 |
| Investment cash-out refinance | 73.3% | 60 | $175K | 91% | 38 |
| Investment refinance | 77.1% | 48 | $215K | 97% | 26 |
| Investment home improvement | 57.1% | 35 | $175K | 85% | 20 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.