Lancaster County VA
Mortgage Loan Application
Totals and Details
for 2016

Find mortgage statistics and lending data for the Lancaster 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 Lancaster 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 657
Total Mortgage Loan Application Amount $154,000,000
Average Mortgage Loan Application Amount $234,000
Highest Mortgage Loan Application Amount $2,500,000
Average Applicant Income $120,000
Highest Applicant Income $1,458,000

Mortgage Company List for Lending in Lancaster County VA for 2016

* 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
CHESAPEAKE BANK
35 SCHOOL STREET, PO BOX 2256
KILMARNOCK, VA 22482
* $ 674,375,000 85 $ 18,150,000
VIRGINIA COMMONWEALTH BANK
1801 BAYBERRY COURT, SUITE 101
RICHMOND, VA 23226
* $ 449,709,000 77 $ 19,741,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,610,580,000,000 52 $ 13,249,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 34 $ 8,039,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 23 $ 7,415,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 23 $ 1,983,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 15 $ 3,104,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 14 $ 3,526,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 13 $ 2,926,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 12 $ 2,611,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 12 $ 3,429,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 11 $ 5,951,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 10 $ 1,146,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 10 $ 3,412,000
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 9 $ 1,649,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 9 $ 2,625,000
GEORGE MASON MORTGAGE LLC
4100 MONUMENT CORNER DRIVE #100
FAIRFAX, VA 22030
* $ 630,414,000 8 $ 1,509,000
CAPITAL CENTER, L.L.C.
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 8 $ 1,755,000
TIDEWATER HOME FUNDING, LLC
1108 EDEN WAY
CHESAPEAKE, VA 23320
* $ 10,000,000 7 $ 1,444,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 7 $ 1,621,000
EVB
PO BOX 1455
TAPPAHANNOCK, VA 22560
* $ 1,269,770,000 7 $ 539,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 6 $ 1,084,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 6 $ 1,482,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 6 $ 1,728,000
UNION MORTGAGE GROUP, INC.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 7,672,005,000 6 $ 1,263,000
TOWNE BANK
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 6,296,584,000 5 $ 1,579,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 4 $ 1,468,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 4 $ 1,091,000
UNION BANK & TRUST
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 7,672,005,000 4 $ 326,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 4 $ 234,000
C & F MORTGAGE CORPORATION
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ 189,567,000 4 $ 659,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ 10,000,000 3 $ 1,041,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 3 $ 563,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 3 $ 427,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 3 $ 85,000
LANGLEY
721 LAKEFRONT COMMONS, SUITE 102
NEWPORT NEWS, VA 23606
* $ 2,113,710,000 3 $ 295,000
NORTHWEST FEDERAL CREDIT UNION
220 SPRING STREET
HERNDON, VA 20170
* $ 3,093,779,000 3 $ 1,122,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 3 $ 492,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 3 $ 632,000
VIRGINIA CREDIT UNION, INC.
PO BOX 90010
RICHMOND, VA 23225
* $ 2,920,249,000 3 $ 95,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 3 $ 716,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 3 $ 389,000
KIND LENDING, LLC
9931 CORPORATE CAMPUS DR, STE 1200
LOUISVILLE, KY 40223
* $ 42,141,000 3 $ 1,534,000
BRIDGEVIEW BANK GROUP
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,077,735,000 2 $ 596,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 603,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 1,949,868,000 2 $ 540,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,177,985,000 2 $ 527,000
MCLEAN MORTGAGE CORPORATION
11325 RANDOM HILLS RD. SUITE 400
FAIRFAX, VA 22030
* $ 50,010,000 2 $ 461,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 317,000
PRESIDENTIAL BANK, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ 563,777,000 2 $ 528,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 2 $ 396,000
SOUTHERN TRUST MORTGAGE, LLC
4433 CORPORATION LANE SUITE 300
VIRGINIA BEACH, VA 23462
* $ 41,745,000 2 $ 352,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,299,801,000,000 2 $ 367,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 2 $ 321,000
MAGNOLIA BANK
794 OLD ELIZABETHTOWN RD
HODGENVILLE, KY 42748
* $ 180,082,000 2 $ 266,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 2 $ 542,000
RESMAC, INC.
5400 BROKEN SOUND BLVD #600
BOCA RATON, FL 33487
* $ 5,479,000 2 $ 288,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 490,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 2 $ 253,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 2 $ 303,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 2 $ 599,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 2 $ 261,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 2 $ 515,000
FFC MORTGAGE CORP.
155 CORPORATE WOODS SUITE 320
ROCHESTER, NY 14623
* $ 7,464,553,000 2 $ 535,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 339,000
ALCOVA MORTGAGE LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ 710,000 1 $ 392,000
JUSTICE FEDERAL CREDIT UNION
5175 PARKSTONE DRIVE, STE. 200
CHANTILLY, VA 20151
* $ 667,544,000 1 $ 25,000
STATE DEPARTMENT FEDERAL CREDIT UNION
1630 KING STREET
ALEXANDRIA, VA 22314
* $ 1,702,243,000 1 $ 540,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 109,000
VILLAGE BANK MORTGAGE CORPORATION
13305 MIDLOTHIAN TURNPIKE
MIDLOTHIAN, VA 23113
* $ 300,960,000 1 $ 219,000
TOWNE MORTGAGE, LLC
600 22ND ST. SUITE 302
VIRGINIA BEACH, VA 23451
* $ 54,000,000 1 $ 125,000
NEWTOWNE MORTGAGE, LLC
600 22ND STREET SUITE 301
VIRGINIA BEACH, VA 23451
* $ 4,044,874,000 1 $ 302,000
POTOMAC MORTGAGE GROUP, INC.
4035 RIDGE TOP ROAD, SUITE 100
FAIRFAX, VA 22030
* $ 15,000,000 1 $ 306,000
NORWICH COMMERCIAL GROUP, INC.
38 SECURITY DRIVE
AVON, CT 06001
* $ 17,789,000 1 $ 197,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 197,000
INTERCOASTAL MORTGAGE COMPANY
4100 MONUMENTAL CORNER DRIVE, SUITE 220
FAIRFAX, VA 22030
* $ 10,000,000 1 $ 247,000
INTEGRITY FIRST FINANCIAL GROUP, INC.
6333 GREENWICH DRIVE SUITE 280
SAN DIEGO, CA 92122
* $ 26,494,000 1 $ 495,000
LIVE WELL FINANCIAL, INC.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ 176,870,000 1 $ 59,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 126,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 388,000
RANLIFE, INC.
9272 S. 700 E.
SANDY, UT 84070
* $ 3,304,000 1 $ 72,000
PROSPECT MORTGAGE, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 234,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 70,879,778,000 1 $ 96,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,887,863,000 1 $ 373,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 110,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 1 $ 474,000
FULTON BANK, NATIONAL ASSOCIATION
ONE PENN SQUARE
LANCASTER, PA 17604
* $ 9,847,293,000 1 $ 1,182,000
FIRST MARINER BANK
3301 BOSTON STREET
BALTIMORE, MD 21224
* $ 921,127,000 1 $ 478,000
ESSEX BANK
9954 MAYLAND DRIVE SUITE 2100
RICHMOND, VA 23233
* $ 1,180,040,000 1 $ 238,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 474,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 124,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 184,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 122,099,687,000 1 $ 128,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,649,486,000 1 $ 163,000
NEXBANK
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 2,698,563,000 1 $ 195,000
BANK-FUND STAFF FEDERAL CREDIT UNION
1725 I STREET NW SUITE 150
WASHINGTON, DC 20006
* $ 4,216,262,000 1 $ 400,000
DUPONT COMMUNITY
140 LUCY LANE
WAYNESBORO, VA 22980
* $ 1,020,447,000 1 $ 165,000
CHARTWAY FEDERAL CREDIT UNION
5700 CLEVELAND STREET
VIRGINIA BEACH, VA 23462
* $ 2,150,111,000 1 $ 25,000
MB FINANCIAL BANK, NATIONAL ASSOCIATION
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 15,536,515,000 1 $ 396,000
THE COLUMBIA BANK
7168 COLUMBIA GATEWAY DRIVE
COLUMBIA, MD 21046
* $ 2,110,045,000 1 $ 275,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 459,125,000 1 $ 382,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ 10,000,000 1 $ 160,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 1 $ 129,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ATLANTA, GA 30350
* $ 10,000,000 1 $ 417,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ 10,000,000 1 $ 149,000
FORBRIGHT BANK
6701 DEMOCRACY BLVD, SUITE 400
BETHESDA, MD 20817
* $ 504,343,000 1 $ 232,000
MERIDIAN BANK CORPORATION
9 OLD LINCOLN HIGHWAY
MALVERN, PA 19355
* $ 663,343,000 1 $ 130,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ 10,000,000 1 $ 163,000
CREDIT UNION MORTGAGE ASSOCIATION, INC.
10800 MAIN STREET
FAIRFAX, VA 22030
* $ 435,000,000 1 $ 75,000
CITYWORTH MORTGAGE LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ 1,400,000,000 1 $ 270,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 1 $ 280,000
SELECT BANK
P.O. BOX 4620
LYNCHBURG, VA 24502
* $ 149,917,000 1 $ 630,000
FIRST COMMUNITY BANK
29 COLLEGE DR
BLUEFIELD, VA 24605
* $ 2,440,265,000 1 $ 382,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 1 $ 274,000
TRIUMPH BANK
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 525,826,000 1 $ 375,000
RAYMOND JAMES BANK
710 CARILLON PARKWAY
SAINT PETERSBURG, FL 33716
* $ 15,972,565,000 1 $ 417,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 42,042,000,000 1 $ 245,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 1 $ 140,000
CHARLES SCHWAB BANK, SSB
2360 CORPORATE CIRCLE
HENDERSON, NV 89074
* $ 139,069,000,000 1 $ 692,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 108,064,717,000 1 $ 323,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 1 $ 120,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 450,000
FIDELITY BANK
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 3,845,946,000 1 $ 153,000
WOODFOREST NATIONAL BANK
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 4,654,173,000 1 $ 3,000
ATLANTIC COAST MORTGAGE, LLC
4100 MONUMENT CORNER DRIVE, SUITE 300
FAIRFAX, VA 22030
* $ 12,751,000 1 $ 185,000

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 Lancaster County VA in 2016

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 361 $84,992,000 $235,000 $1,000,000 $116,000 $1,379,000
Home Purchase 255 $66,193,000 $259,000 $2,500,000 $133,000 $1,458,000
Home Improvement 41 $2,815,000 $68,000 $517,000 $74,000 $225,000

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 438 $114,775,000 $262,000 $2,500,000 $142,000 $1,458,000
Black or African American 93 $10,028,000 $107,000 $641,000 $57,000 $250,000
Not Provided 71 $18,873,000 $265,000 $1,643,000 $133,000 $1,240,000
Not applicable 50 $9,571,000 $191,000 $474,000 $28,000 $783,000
Hispanic 4 $547,000 $136,000 $261,000 $69,000 $172,000
Asian 1 $206,000 $206,000 $206,000 $135,000 $135,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiin or Other Pacific Islander 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) 501 $123,174,000 $245,000 $2,500,000 $140,000 $1,458,000
FHA-insured (Federal Housing Administration) 75 $12,667,000 $168,000 $480,000 $45,000 $184,000
VA-guaranteed (Veterans Administration) 54 $14,615,000 $270,000 $680,000 $82,000 $250,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 27 $3,544,000 $131,000 $237,000 $34,000 $79,000

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 331 $86,562,000 $261,000 $2,500,000 $138,000 $1,385,000
Application Denied By Financial Institution 147 $26,625,000 $181,000 $629,000 $85,000 $689,000
Application Withdrawn By Applicant 65 $15,726,000 $241,000 $1,000,000 $124,000 $692,000
Loan Purchased By The Institution 60 $12,439,000 $207,000 $649,000 $63,000 $783,000
File Closed For Incompleteness 33 $6,690,000 $202,000 $610,000 $87,000 $354,000
Application Approved But Not Accepted 21 $5,958,000 $283,000 $1,182,000 $290,000 $1,458,000
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
Debt-To-Income Ratio 28 $4,941,000 $176,000 $580,000 $45,000 $145,000
Credit History 26 $3,239,000 $124,000 $500,000 $68,000 $258,000
Collateral 20 $4,330,000 $216,000 $470,000 $171,000 $689,000
Credit Application Incomplete 9 $1,875,000 $208,000 $417,000 $110,000 $294,000
Other 7 $1,444,000 $206,000 $488,000 $121,000 $447,000
Insufficient Cash (Downpayment, Closing Cost) 2 $386,000 $193,000 $315,000 $36,000 $72,000
Unverifiable Information 1 $30,000 $30,000 $30,000 $60,000 $60,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
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.

Download the Virginia Lender List