Floyd County VA
Mortgage Loan Application
Totals and Details
for 2020

Find mortgage statistics and lending data for the Floyd 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 Floyd 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 846
Total Mortgage Loan Application Amount $139,960,000
Average Mortgage Loan Application Amount $165,000
Highest Mortgage Loan Application Amount $955,000
Average Applicant Income $80,000
Highest Applicant Income $1,200,000

Mortgage Company List for Lending in Floyd County VA for 2020

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
RESIDENTIAL MORTGAGE SERVICES, INC.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ -1,000 71 $ 12,565,000
ATLANTIC UNION BANK
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 17,516,056,000 70 $ 7,710,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 49 $ 4,795,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 38 $ 3,810,000
ALCOVA MORTGAGE LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ -1,000 32 $ 5,450,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,712,919,000,000 29 $ 4,555,000
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ -1,000 29 $ 6,515,000
FIRST BANCORP, INC.
PO BOX 1000
ABINGDON, VA 24212
* $ 1,946,484,000 28 $ 6,030,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 39,787,666,000 19 $ 2,055,000
MEMBER ONE
P.O. BOX 12288
ROANOKE, VA 24024
* $ 1,125,711,000 18 $ 750,000
FREEDOM FIRST
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 658,588,000 15 $ 1,775,000
TRULIANT FEDERAL CREDIT UNION
3200 TRULIANT WAY
WINSTON-SALEM, NC 27103
* $ 2,711,723,000 15 $ 1,255,000
SKYLINE NATIONAL BANK
PO BOX 186
INDEPENDENCE, VA 24348
* $ 705,459,000 14 $ 3,180,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 13 $ 2,055,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 13,387,533,000 13 $ 2,065,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 12 $ 2,500,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 11 $ 1,985,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 11 $ 1,955,000
FIRST HERITAGE MORTGAGE, LLC
3201 JERMANTOWN ROAD, SUITE 500
FAIRFAX, VA 22303
* $ -1,000 11 $ 2,575,000
CARTER BANK & TRUST
PO BOX 3748
MARTINSVILLE, VA 24115
* $ 4,006,108,000 10 $ 1,340,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 10 $ 1,630,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 9 $ 2,165,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 9 $ 1,715,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 8 $ 1,950,000
AGFIRST FARM CREDIT BANK
1901 MAIN STREET
COLUMBIA, SC 29201
* $ -1,000 8 $ 1,890,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 7 $ 1,735,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 7 $ 1,375,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 7 $ 1,615,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 112,384,202,000 7 $ 605,000
NATIONAL BANKSHARES, INC.
P.O. BOX 90002
BLACKSBURG, VA 24062
* $ 1,318,594,000 7 $ 2,275,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 604,528,000 7 $ 1,025,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 6 $ 1,640,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 6 $ 1,140,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 6 $ 970,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 5 $ 725,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 119,432,105,000 5 $ 935,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 5 $ 975,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 5 $ 905,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 5 $ 1,085,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 5 $ 1,175,000
BLUE EAGLE CREDIT UNION
2121 ELECTRIC RD
ROANOKE, VA 24018
* $ 157,730,000 5 $ 875,000
FIRST COMMUNITY BANK
29 COLLEGE DR
BLUEFIELD, VA 24605
* $ 2,796,982,000 5 $ 1,315,000
FARM CREDIT OF THE VIRGINIAS, ACA
106 SANGERS LANE
STAUNTON, VA 24401
* $ -1,000 5 $ 785,000
AMERICAN NATIONAL BANK AND TRUST COMPANY
628 MAIN STREET
DANVILLE, VA 24541
* $ 2,464,860,000 5 $ 675,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 4 $ 1,000,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 4 $ 360,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 4 $ 1,540,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 540,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 4 $ 990,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 3 $ 295,000
BLUE RIDGE BANK, NATIONAL ASSOCIATION
P.O. BOX 609, 17 WEST MAIN ST
LURAY, VA 22835
* $ 959,563,000 3 $ 395,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 3 $ 305,000
SWBC MORTGAGE CORPORATION
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 3 $ 465,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 3 $ 425,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 3 $ 415,000
LENOX FINANCIAL MORTGAGE CORPORATION
200 E. SANDPOINTE SUITE 800
SANTA ANA, CA 92707
* $ -1,000 3 $ 555,000
ARC HOME LLC
2010 CORPORATE RIDGE STE 750
MCLEAN, VA 22102
* $ -1,000 2 $ 400,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 2 $ 220,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 23,234,514,000 2 $ 370,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 2 $ 300,000
VIRGINIA CREDIT UNION, INC.
PO BOX 90010
RICHMOND, VA 23225
* $ 3,729,406,000 2 $ 280,000
CREDIT UNION MORTGAGE ASSOCIATION, INC.
10800 MAIN STREET
FAIRFAX, VA 22030
* $ -1,000 2 $ 280,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 200,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 360,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 2 $ 490,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 230,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 2 $ 340,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 2 $ 610,000
CAPITAL CENTER, L.L.C.
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ -1,000 2 $ 620,000
NATIONS DIRECT MORTGAGE, LLC
5 HUTTON CENTRE DRIVE, SUITE 200
SANTA ANA, CA 92707
* $ -1,000 2 $ 470,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 320,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 280,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 3,210,474,000 2 $ 150,000
OVM FINANCIAL, INC.
816 GREENBRIER CIRCLE SUITE 100
CHESAPEAKE, VA 23320
* $ -1,000 2 $ 320,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 570,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 2 $ 170,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 2 $ 470,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
CHARLOTTE, NC 28277
* $ -1,000 2 $ 40,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 2 $ 250,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 250,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 425,000
LAFAYETTE FEDERAL CREDIT UNION
2701 TOWER OAKS BLVD.,
ROCKVILLE, MD 20852
* $ 681,421,000 1 $ 245,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 1 $ 145,000
GEORGE MASON MORTGAGE, LLC
4100 MONUMENT CORNER DRIVE #100
FAIRFAX, VA 22030
* $ -1,000 1 $ 315,000
FIRST NATIONAL BANK OF PENNSYLVANIA
166 MAIN ST
GREENVILLE, PA 16125
* $ 34,531,413,000 1 $ 235,000
CLEARPATH LENDING
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 1 $ 275,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ -1,000 1 $ 205,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 255,000
HOMEPROMISE CORPORATION
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ -1,000 1 $ 155,000
TD BANK, NATIONAL ASSOCIATION
2035 LIMESTONE ROAD
WILMINGTON, DE 19808
* $ 320,471,996,000 1 $ 245,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 24,774,361,000 1 $ 115,000
GENEVA FINANCIAL, LLC
1018 E. GUADALUPE ROAD
TEMPE, AZ 85283
* $ -1,000 1 $ 245,000
CHARLES SCHWAB BANK, SSB
2360 CORPORATE CIRCLE
HENDERSON, NV 89074
* $ 216,654,000,000 1 $ 155,000
GUARANTY HOME MORTGAGE CORPORATION
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 145,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ -1,000 1 $ 275,000
COASTAL FEDERAL CREDIT UNION
PO BOX 99167
RALEIGH, NC 27624
* $ 3,387,042,000 1 $ 115,000
SUMMIT COMMUNITY BANK, INC.
PO BOX 680; 310 NORTH MAIN STREET
MOOREFIELD, WV 26836
* $ 2,401,941,000 1 $ 125,000
ATLANTIC COAST MORTGAGE, LLC
4100 MONUMENT CORNER DRIVE, SUITE 300
FAIRFAX, VA 22030
* $ -1,000 1 $ 285,000
THE UNION BANK COMPANY
105 PROGRESSIVE DRIVE
COLUMBUS GROVE, OH 45830
* $ 877,982,000 1 $ 235,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 265,000
MCLEAN MORTGAGE CORPORATION
11325 RANDOM HILLS RD. SUITE 400
FAIRFAX, VA 22030
* $ -1,000 1 $ 225,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 1 $ 115,000
VELLUM MORTGAGE, INC.
12700 FAIR LAKES CIR SUITE 400
FAIRFAX, VA 22030
* $ -1,000 1 $ 145,000
AURORA FINANCIAL, LLC
8150 LEESBURG PIKE #410
VIENNA, VA 22182
* $ -1,000 1 $ 265,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 75,000
F & M BANK CORP.
PO BOX 1111
TIMBERVILLE, VA 22853
* $ 812,968,000 1 $ 205,000
STATE EMPLOYEES'
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 41,376,687,000 1 $ 125,000
BANK OF THE JAMES
828 MAIN STREET
LYNCHBURG, VA 24504
* $ 725,686,000 1 $ 155,000
TIDEWATER HOME FUNDING, LLC
1108 EDEN WAY
CHESAPEAKE, VA 23320
* $ -1,000 1 $ 115,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 1 $ 165,000
MASON MCDUFFIE MORTGAGE CORPORATION
2010 CROW CANYON PLACE, #400
SAN RAMON, CA 94583
* $ -1,000 1 $ 155,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ -1,000 1 $ 125,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ -1,000 1 $ 35,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 265,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 143,390,269,000 1 $ 625,000
FIRST MIDWEST BANK
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 17,757,753,000 1 $ 355,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 1 $ 255,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,453,998,000,000 1 $ 35,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 115,000
ALLIED MORTGAGE GROUP, INC.
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ -1,000 1 $ 195,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 165,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 295,000
SIWELL, INC.
4210 50TH ST
LUBBOCK, TX 79413
* $ -1,000 1 $ 95,000
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,641,000,000 1 $ 265,000

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 Floyd County VA in 2020

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
Home Purchase 304 $56,250,000 $185,000 $955,000 $80,000 $459,000
Refinancing 294 $53,520,000 $182,000 $615,000 $81,000 $461,000
Cash-out Refinancing 120 $20,970,000 $174,000 $445,000 $87,000 $1,200,000
Other Purpose 69 $4,865,000 $70,000 $275,000 $66,000 $196,000
Home Improvement 48 $3,330,000 $69,000 $285,000 $74,000 $197,000
Not Applicable 11 $1,025,000 $93,000 $175,000 $0 $0

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 645 $99,765,000 $154,000 $955,000 $75,000 $1,200,000
Not Provided 116 $23,350,000 $201,000 $625,000 $99,000 $392,000
Not applicable 67 $11,665,000 $174,000 $645,000 $68,000 $120,000
Hispanic 13 $4,035,000 $310,000 $755,000 $190,000 $459,000
American Indian or Alaskan Native 2 $310,000 $155,000 $225,000 $39,000 $63,000
Asian 1 $305,000 $305,000 $305,000 $110,000 $110,000
Black or African American 1 $445,000 $445,000 $445,000 $265,000 $265,000
Native Hawaiian or Other Pacific Islander 1 $85,000 $85,000 $85,000 $31,000 $31,000

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) 671 $108,125,000 $161,000 $955,000 $84,000 $1,200,000
FHA-insured (Federal Housing Administration) 85 $12,725,000 $149,000 $315,000 $51,000 $141,000
VA-guaranteed (Veterans Administration) 60 $14,020,000 $233,000 $505,000 $78,000 $177,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 30 $5,090,000 $169,000 $245,000 $49,000 $85,000

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 484 $84,820,000 $175,000 $645,000 $83,000 $461,000
Application Denied By Financial Institution 128 $15,530,000 $121,000 $755,000 $65,000 $459,000
Application Withdrawn By Applicant 95 $18,355,000 $193,000 $955,000 $95,000 $1,200,000
Loan Purchased By The Institution 81 $13,055,000 $161,000 $445,000 $59,000 $120,000
File Closed For Incompleteness 39 $5,475,000 $140,000 $355,000 $79,000 $303,000
Application Approved But Not Accepted 18 $2,480,000 $137,000 $515,000 $70,000 $286,000
Preapproval Approved but not Accepted 1 $245,000 $245,000 $245,000 $54,000 $54,000
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
Not applicable 718 $124,430,000 $173,000 $955,000 $83,000 $1,200,000
Credit History 30 $3,450,000 $115,000 $325,000 $50,000 $125,000
Debt-To-Income Ratio 28 $3,500,000 $125,000 $755,000 $52,000 $459,000
Other 18 $1,830,000 $101,000 $405,000 $77,000 $201,000
Collateral 17 $1,875,000 $110,000 $255,000 $76,000 $188,000
Unverifiable Information 16 $1,650,000 $103,000 $225,000 $64,000 $189,000
Credit Application Incomplete 14 $2,550,000 $182,000 $365,000 $94,000 $225,000
Employment History 4 $560,000 $140,000 $365,000 $70,000 $144,000
Insufficient Cash (Downpayment, Closing Cost) 1 $115,000 $115,000 $115,000 $101,000 $101,000
Mortgage Insurance Denied 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.

Download the Virginia Lender List