Covington County VA
Mortgage Loan Application
Totals and Details
for 2011
Find mortgage statistics and lending data for the Covington County VA metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Covington County VA, this may help give you an idea of what you might find when you begin your mortgage research.
Use the mortgage lender list and statistics below to gain valuable insights.
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 157 |
| Total Mortgage Loan Application Amount | $12,020,000 |
| Average Mortgage Loan Application Amount | $76,000 |
| Highest Mortgage Loan Application Amount | $468,000 |
| Average Applicant Income | $49,000 |
| Highest Applicant Income | $240,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 153,341,765,000 | 23 | $ 1,077,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,791,060,000,000 | 19 | $ 1,547,000 |
| ALCOVA MORTGAGE LLC 308 MARKET ST, SE ROANOKE, VA 24011 |
* | $ 710,000 | 18 | $ 1,304,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,104,833,000,000 | 17 | $ 1,056,000 |
| VANDERBILT MORTGAGE AND FINANCE, INC. 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ 31,000,000 | 12 | $ 948,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,454,050,584,000 | 10 | $ 765,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 7 | $ 658,000 |
| CRESCENT MORTGAGE COMPANY 5901 PEACHTREE DUNWOODY RD NE BLG C, 250 ATLANTA, GA 30328 |
* | $ 931,141,000 | 6 | $ 479,000 |
| SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 162,509,568,000 | 5 | $ 264,000 |
| CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 3 | $ 382,000 |
| STELLARONE BANK 1051 EAST CARY STREET, SUITE 1200 RICHMOND, VA 23219 |
* | $ 2,923,419,000 | 3 | $ 178,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 2 | $ 295,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 2 | $ 98,000 |
| HOME LOAN CENTER, INC. 11115 RUSHMORE DRIVE CHARLOTTE, NC 28277 |
* | $ 10,000,000 | 2 | $ 208,000 |
| WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 2 | $ 156,000 |
| FIRST-CITIZENS BANK & TRUST COMPANY 4300 SIX FORKS ROAD FCC 21 RALEIGH, NC 27609 |
* | $ 20,797,006,000 | 2 | $ 82,000 |
| NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 44,423,207,000 | 2 | $ 135,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 48,783,813,000 | 1 | $ 52,000 |
| CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,216,291,000,000 | 1 | $ 66,000 |
| CITY NATIONAL BANK OF WEST VIRGINIA 25 GATEWATER ROAD CROSS LANES, WV 25313 |
* | $ 2,613,220,000 | 1 | $ 468,000 |
| CAROLINA BANK PO BOX 10209 GREENSBORO, NC 27404 |
* | $ 676,387,000 | 1 | $ 76,000 |
| FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 12,648,357,000 | 1 | $ 53,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 1 | $ 108,000 |
| FINANCIAL FREEDOM ACQUIST. LLC 1 BANTING IRVINE, CA 92618 |
* | $ 36,000,000,000 | 1 | $ 74,000 |
| GENERATION MORTGAGE COMPANY 3565 PIEDMONT ROAD, NE STE. 300 ATLANTA, GA 30305 |
* | $ 73,926,000 | 1 | $ 29,000 |
| MEMBER OPTIONS LLC 1936 ARLINGTONG BLVD. CHARLOTTESVILLE, VA 22903 |
* | $ 32,364,000 | 1 | $ 93,000 |
| MERRILL LYNCH CREDIT CORP 30930 RUSSELL RANCH RD CA6-916-01-14 WESTLAKE VILLAGE, CA 91362 |
* | $ 2,223,299,000 | 1 | $ 84,000 |
| ALLY BANK 2101 REXFORD ROAD, SUITE 350W CHARLOTTE, NC 28211 |
* | $ 77,423,723,000 | 1 | $ 212,000 |
| 1ST CHOICE MORTGAGE/EQUITY COR 1021 BRIARGATE CIRCLE COLUMBIA, SC 29210 |
* | $ 10,000,000 | 1 | $ 100,000 |
| QR LENDING INC 555 ZOR SHRINE PLACE MADISON, WI 53719 |
* | $ 1,093,327,000 | 1 | $ 29,000 |
| ATLANTIC PACIFIC MORTGAGE CORPORATION 302 FELLOWSHIP ROAD, SUITE 110 MT. LAUREL, NJ 08054 |
* | $ 10,000,000 | 1 | $ 158,000 |
The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.
Mortgage Loan Application Detail Totals for Covington County VA in 2011
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 78 | $6,723,000 | $86,000 | $468,000 | $59,000 | $240,000 |
| Home Purchase | 59 | $4,578,000 | $77,000 | $274,000 | $41,000 | $144,000 |
| Home Improvement | 20 | $719,000 | $35,000 | $112,000 | $36,000 | $92,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 133 | $9,963,000 | $74,000 | $274,000 | $49,000 | $228,000 |
| Not Provided | 11 | $877,000 | $79,000 | $171,000 | $68,000 | $240,000 |
| Black or African American | 8 | $485,000 | $60,000 | $124,000 | $41,000 | $75,000 |
| Not applicable | 3 | $586,000 | $195,000 | $468,000 | $22,000 | $52,000 |
| Hispanic | 2 | $109,000 | $54,000 | $55,000 | $51,000 | $54,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 82 | $5,755,000 | $70,000 | $468,000 | $55,000 | $240,000 |
| FHA-insured (Federal Housing Administration) | 39 | $3,411,000 | $87,000 | $274,000 | $49,000 | $150,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 30 | $2,294,000 | $76,000 | $140,000 | $35,000 | $62,000 |
| VA-guaranteed (Veterans Administration) | 6 | $560,000 | $93,000 | $114,000 | $41,000 | $75,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 65 | $4,882,000 | $75,000 | $468,000 | $43,000 | $121,000 |
| Application Denied By Financial Institution | 34 | $1,897,000 | $55,000 | $212,000 | $53,000 | $228,000 |
| Loan Purchased By The Institution | 30 | $2,525,000 | $84,000 | $220,000 | $40,000 | $112,000 |
| Application Approved But Not Accepted | 14 | $1,147,000 | $81,000 | $162,000 | $68,000 | $161,000 |
| Application Withdrawn By Applicant | 12 | $1,372,000 | $114,000 | $206,000 | $53,000 | $150,000 |
| File Closed For Incompleteness | 2 | $197,000 | $98,000 | $104,000 | $161,000 | $240,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit History | 6 | $235,000 | $39,000 | $74,000 | $36,000 | $72,000 |
| Debt-To-Income Ratio | 4 | $143,000 | $35,000 | $88,000 | $32,000 | $75,000 |
| Collateral | 4 | $340,000 | $85,000 | $113,000 | $119,000 | $228,000 |
| Credit Application Incomplete | 4 | $220,000 | $55,000 | $74,000 | $46,000 | $69,000 |
| Other | 4 | $206,000 | $51,000 | $79,000 | $41,000 | $68,000 |
| Unverifiable Information | 2 | $84,000 | $42,000 | $44,000 | $148,000 | $222,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $150,000 | $75,000 | $104,000 | $61,000 | $88,000 |
| Mortgage Insurance Denied | 1 | $29,000 | $29,000 | $29,000 | $45,000 | $45,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.
If you prefer, you can download a copy of the entire list of mortgage lenders in Virginia, and search similar information back through 2003.