Benchmark Community Bank
Mortgage Loan Application
Totals and Details
for 2022
Find mortgage loan statistics, lending data, and loan application totals for Virginia.
The mortgage statistics and data below are specific to mortgage loan applications for Benchmark Community Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Benchmark Community Bank P O Box 569 Kenbridge, VA 23944 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 714 |
| Total Mortgage Loan Application Amount | $131,570,000 |
| Average Mortgage Loan Application Amount | $140,000 |
| Highest Mortgage Loan Application Amount | $2,505,000 |
| Average Applicant Income | $112,000 |
| Highest Applicant Income | $1,326,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in VA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Mecklenburg County Virginia | 152 | $ 24,500,000 | $ 161,000 | $ 113,000 |
| Halifax County Virginia | 105 | $ 10,425,000 | $ 99,000 | $ 72,000 |
| Lunenburg County Virginia | 62 | $ 6,520,000 | $ 105,000 | $ 85,000 |
| Vance County North Carolina | 60 | $ 15,780,000 | $ 263,000 | $ 115,000 |
| Prince Edward County Virginia | 44 | $ 8,340,000 | $ 189,000 | $ 100,000 |
| Nottoway County Virginia | 42 | $ 4,970,000 | $ 118,000 | $ 81,000 |
| Wake County North Carolina | 35 | $ 14,885,000 | $ 425,000 | $ 392,000 |
| Brunswick County Virginia | 34 | $ 4,720,000 | $ 138,000 | $ 103,000 |
| Granville County North Carolina | 21 | $ 3,405,000 | $ 162,000 | $ 120,000 |
| Warren County North Carolina | 17 | $ 3,585,000 | $ 210,000 | $ 143,000 |
| Franklin County North Carolina | 16 | $ 4,260,000 | $ 266,000 | $ 86,000 |
| Charlotte County Virginia | 15 | $ 1,055,000 | $ 70,000 | $ 75,000 |
| Wilson County North Carolina | 12 | $ 2,000,000 | $ 166,000 | $ 1,326,000 |
| Cumberland County Virginia | 9 | $ 1,465,000 | $ 162,000 | $ 65,000 |
| Emporia County Virginia | 9 | $ 1,655,000 | $ 183,000 | $ 179,000 |
| Durham County North Carolina | 7 | $ 2,365,000 | $ 337,000 | $ 198,000 |
| Northampton County North Carolina | 6 | $ 1,890,000 | $ 315,000 | $ 190,000 |
| Amelia County Virginia | 6 | $ 380,000 | $ 63,000 | $ 53,000 |
| Buckingham County Virginia | 6 | $ 410,000 | $ 68,000 | $ 45,000 |
| Greensville County Virginia | 6 | $ 820,000 | $ 136,000 | $ 105,000 |
| Halifax County North Carolina | 5 | $ 2,085,000 | $ 417,000 | $ 233,000 |
| Johnston County North Carolina | 4 | $ 910,000 | $ 227,000 | $ 109,000 |
| Pitt County North Carolina | 4 | $ 500,000 | $ 125,000 | $ 1,149,000 |
| Brunswick County North Carolina | 3 | $ 3,755,000 | $ 1,251,000 | $ 0 |
| Sussex County Virginia | 3 | $ 535,000 | $ 178,000 | $ 171,000 |
| Alamance County North Carolina | 2 | $ 460,000 | $ 230,000 | $ 0 |
| Harnett County North Carolina | 2 | $ 710,000 | $ 355,000 | $ 357,000 |
| Nash County North Carolina | 2 | $ 160,000 | $ 80,000 | $ 63,000 |
| Wayne County North Carolina | 2 | $ 300,000 | $ 150,000 | $ 0 |
| Chesterfield County Virginia | 2 | $ 950,000 | $ 475,000 | $ 205,000 |
| Danville County Virginia | 2 | $ 310,000 | $ 155,000 | $ 206,000 |
| Pittsylvania County Virginia | 2 | $ 350,000 | $ 175,000 | $ 102,000 |
| Southampton County Virginia | 2 | $ 370,000 | $ 185,000 | $ 98,000 |
| Avery County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Catawba County North Carolina | 1 | $ 445,000 | $ 445,000 | $ 141,000 |
| Chatham County North Carolina | 1 | $ 905,000 | $ 905,000 | $ 0 |
| Cumberland County North Carolina | 1 | $ 785,000 | $ 785,000 | $ 0 |
| Dare County North Carolina | 1 | $ 435,000 | $ 435,000 | $ 385,000 |
| Edgecombe County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Lee County North Carolina | 1 | $ 685,000 | $ 685,000 | $ 363,000 |
| Lenoir County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 0 |
| New Hanover County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Person County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Amherst County Virginia | 1 | $ 175,000 | $ 175,000 | $ 67,000 |
| Appomattox County Virginia | 1 | $ 485,000 | $ 485,000 | $ 389,000 |
| Caroline County Virginia | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Dinwiddie County Virginia | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Richmond City County Virginia | 1 | $ 1,655,000 | $ 1,655,000 | $ 0 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Virginia,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Benchmark Community Bank in 2022
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 | 326 | $76,080,000 | $233,000 | $2,235,000 | $157,000 | $1,326,000 |
| Refinancing | 253 | $45,305,000 | $179,000 | $2,505,000 | $113,000 | $1,326,000 |
| Home Improvement | 72 | $6,160,000 | $85,000 | $1,655,000 | $77,000 | $314,000 |
| Other Purpose | 63 | $4,025,000 | $63,000 | $225,000 | $101,000 | $1,149,000 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $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 | 463 | $73,625,000 | $159,000 | $1,505,000 | $137,000 | $1,326,000 |
| Not applicable | 121 | $39,635,000 | $327,000 | $2,505,000 | $0 | $0 |
| Black or African American | 81 | $8,425,000 | $104,000 | $685,000 | $77,000 | $363,000 |
| Hispanic | 19 | $2,055,000 | $108,000 | $405,000 | $109,000 | $414,000 |
| Not Provided | 19 | $4,705,000 | $247,000 | $1,005,000 | $136,000 | $301,000 |
| Asian | 7 | $2,905,000 | $415,000 | $725,000 | $176,000 | $265,000 |
| American Indian or Alaskan Native | 3 | $205,000 | $68,000 | $75,000 | $19,000 | $19,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $15,000 | $15,000 | $15,000 | $74,000 | $74,000 |
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) | 710 | $130,680,000 | $184,000 | $2,505,000 | $128,000 | $1,326,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $290,000 | $145,000 | $175,000 | $86,000 | $106,000 |
| VA-guaranteed (Veterans Administration) | 1 | $305,000 | $305,000 | $305,000 | $66,000 | $66,000 |
| FHA-insured (Federal Housing Administration) | 1 | $295,000 | $295,000 | $295,000 | $122,000 | $122,000 |
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 | 595 | $109,735,000 | $184,000 | $2,505,000 | $137,000 | $1,326,000 |
| Application Approved But Not Accepted | 52 | $10,250,000 | $197,000 | $1,505,000 | $119,000 | $891,000 |
| Application Denied By Financial Institution | 42 | $5,510,000 | $131,000 | $905,000 | $64,000 | $170,000 |
| Application Withdrawn By Applicant | 24 | $5,890,000 | $245,000 | $1,365,000 | $107,000 | $321,000 |
| File Closed For Incompleteness | 1 | $185,000 | $185,000 | $185,000 | $68,000 | $68,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 672 | $126,060,000 | $187,000 | $2,505,000 | $134,000 | $1,326,000 |
| Credit History | 18 | $1,790,000 | $99,000 | $325,000 | $60,000 | $170,000 |
| Debt-To-Income Ratio | 16 | $2,270,000 | $141,000 | $425,000 | $57,000 | $131,000 |
| Collateral | 5 | $365,000 | $73,000 | $145,000 | $95,000 | $146,000 |
| Other | 2 | $960,000 | $480,000 | $905,000 | $32,000 | $32,000 |
| Unverifiable Information | 1 | $125,000 | $125,000 | $125,000 | $108,000 | $108,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in VA, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Virginia, and search similar information at your convenience.