Chartway Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2019

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 Chartway Federal Credit Union.
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 Chartway Federal Credit Union
5700 Cleveland Street
Virginia Beach, VA 23462
Tel #: available with data download
Federal Regulator * available with data download
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 1,768
Total Mortgage Loan Application Amount $174,750,000
Average Mortgage Loan Application Amount $119,600
Highest Mortgage Loan Application Amount $955,000
Average Applicant Income $110,200
Highest Applicant Income $2,720,000

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.

Mortgage Loan Application Totals for Chartway Federal Credit Union by Metropolitan Area in 2019

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 705 $ 50,805,000 $ 80,000 $ 108,500
SALT LAKE CITY, UT 301 $ 32,385,000 $ 107,000 $ 96,000
ST. GEORGE, UT 223 $ 23,485,000 $ 105,000 $ 94,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 105 $ 8,605,000 $ 81,000 $ 151,000
NA (OUTSIDE OF MSA/MD) 78 $ 5,560,000 $ 62,500 $ 117,916
OGDEN-CLEARFIELD, UT 20 $ 3,060,000 $ 153,000 $ 96,000
PROVO-OREM, UT 17 $ 2,425,000 $ 142,000 $ 112,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 16 $ 1,800,000 $ 112,000 $ 144,000
RICHMOND, VA 7 $ 415,000 $ 59,000 $ 99,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 7 $ 1,275,000 $ 112,500 $ 190,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 4 $ 200,000 $ 41,500 $ 80,000
RALEIGH, NC 4 $ 410,000 $ 102,000 $ 99,000
ORLANDO-KISSIMMEE-SANFORD, FL 3 $ 205,000 $ 68,000 $ 52,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 2 $ 170,000 $ 85,000 $ 92,000
AUSTIN-ROUND ROCK, TX 2 $ 180,000 $ 90,000 $ 241,000
BALTIMORE-COLUMBIA-TOWSON, MD 2 $ 110,000 $ 55,000 $ 194,000
CALIFORNIA-LEXINGTON PARK, MD 2 $ 160,000 $ 80,000 $ 112,000
CLEVELAND-ELYRIA, OH 2 $ 60,000 $ 30,000 $ 63,000
DALLAS-PLANO-IRVING, TX 2 $ 90,000 $ 45,000 $ 111,000
FORT COLLINS, CO 2 $ 150,000 $ 75,000 $ 82,000
HOMOSASSA SPRINGS, FL 2 $ 530,000 $ 265,000 $ 175,000
LAS VEGAS-HENDERSON-PARADISE, NV 2 $ 70,000 $ 35,000 $ 174,000
PROVIDENCE-WARWICK, RI-MA 2 $ 70,000 $ 35,000 $ 76,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 2 $ 380,000 $ 190,000 $ 140,000
SAN DIEGO-CARLSBAD, CA 2 $ 350,000 $ 175,000 $ 259,000
ANAHEIM-SANTA ANA-IRVINE, CA 1 $ 65,000 $ 65,000 $ 266,000
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA 1 $ 115,000 $ 115,000 $ 30,000
CAMDEN, NJ 1 $ 35,000 $ 35,000 $ 153,000
CHAMBERSBURG-WAYNESBORO, PA 1 $ 35,000 $ 35,000 $ 79,000
COLORADO SPRINGS, CO 1 $ 15,000 $ 15,000 $ 268,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 1 $ 65,000 $ 65,000 $ 65,000
DURHAM-CHAPEL HILL, NC 1 $ 15,000 $ 15,000 $ 136,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 1 $ 45,000 $ 45,000 $ 24,000
FORT WORTH-ARLINGTON, TX 1 $ 25,000 $ 25,000 $ 107,000
GAINESVILLE, FL 1 $ 35,000 $ 35,000 $ 92,000
GAINESVILLE, GA 1 $ 15,000 $ 15,000 $ 47,000
JACKSONVILLE, FL 1 $ 35,000 $ 35,000 $ 179,000
KILLEEN-TEMPLE, TX 1 $ 25,000 $ 25,000 $ 54,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 1 $ 55,000 $ 55,000 $ 134,000
LANCASTER, PA 1 $ 105,000 $ 105,000 $ 56,000
LOGAN, UT-ID 1 $ 15,000 $ 15,000 $ 74,000
LYNCHBURG, VA 1 $ 135,000 $ 135,000 $ 43,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 1 $ 35,000 $ 35,000 $ 36,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 1 $ 15,000 $ 15,000 $ 222,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 1 $ 605,000 $ 605,000 $ 56,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 1 $ 35,000 $ 35,000 $ 48,000
NEW YORK-NEWARK, NY 1 $ 35,000 $ 35,000 $ 91,000
NORTH PORT-SARASOTA-BRADENTON, FL 1 $ 175,000 $ 175,000 $ 83,000
OCALA, FL 1 $ 105,000 $ 105,000 $ 60,000
OKLAHOMA CITY, OK 1 $ 45,000 $ 45,000 $ 133,000
PORT ST. LUCIE, FL 1 $ 25,000 $ 25,000 $ 23,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1 $ 25,000 $ 25,000 $ 239,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1 $ 175,000 $ 175,000 $ 127,000
SEBASTIAN-VERO BEACH, FL 1 $ 45,000 $ 45,000 $ 70,000
STOCKTON-LODI, CA 1 $ 35,000 $ 35,000 $ 157,000

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 Chartway Federal Credit Union in 2019

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 Improvement 632 $50,470,000 $79,000 $735,000 $101,000 $2,720,000
Other Purpose 513 $30,635,000 $59,000 $505,000 $96,000 $2,280,000
Refinancing 290 $33,820,000 $116,000 $715,000 $115,000 $2,700,000
Home Purchase 272 $49,970,000 $183,000 $955,000 $115,000 $2,600,000
Cash-out Refinancing 61 $9,855,000 $161,000 $355,000 $124,000 $1,830,000
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 1,179 $113,115,000 $95,000 $955,000 $102,000 $2,600,000
Black or African American 269 $23,055,000 $85,000 $655,000 $109,000 $2,700,000
Hispanic 169 $19,785,000 $117,000 $585,000 $95,000 $1,830,000
Not Provided 78 $11,410,000 $146,000 $455,000 $161,000 $2,720,000
Asian 56 $5,370,000 $95,000 $545,000 $97,000 $228,000
American Indian or Alaskan Native 10 $810,000 $81,000 $185,000 $57,000 $102,000
Native Hawaiian or Other Pacific Islander 4 $580,000 $145,000 $255,000 $116,000 $266,000
Not applicable 3 $625,000 $208,000 $445,000 $75,000 $115,000

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) 1,765 $174,385,000 $98,000 $955,000 $105,000 $2,720,000
FHA-insured (Federal Housing Administration) 2 $210,000 $105,000 $155,000 $35,000 $38,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $155,000 $155,000 $155,000 $44,000 $44,000
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 766 $69,450,000 $90,000 $725,000 $102,000 $960,000
Application Denied By Financial Institution 476 $36,980,000 $77,000 $715,000 $94,000 $2,700,000
Application Withdrawn By Applicant 336 $44,890,000 $133,000 $955,000 $109,000 $2,600,000
Application Approved But Not Accepted 88 $4,810,000 $54,000 $305,000 $83,000 $212,000
Preapproval Denied by Financial Institution 62 $10,180,000 $164,000 $505,000 $133,000 $2,600,000
File Closed For Incompleteness 36 $7,590,000 $210,000 $735,000 $262,000 $2,720,000
Preapproval Approved but not Accepted 4 $850,000 $212,000 $405,000 $78,000 $149,000
Loan Purchased By The 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 1,230 $127,590,000 $103,000 $955,000 $107,000 $2,720,000
Other 193 $15,305,000 $79,000 $605,000 $113,000 $2,280,000
Debt-To-Income Ratio 173 $13,225,000 $76,000 $415,000 $66,000 $344,000
Credit History 111 $14,705,000 $132,000 $715,000 $128,000 $2,700,000
Collateral 46 $2,560,000 $55,000 $365,000 $94,000 $380,000
Unverifiable Information 7 $645,000 $92,000 $205,000 $94,000 $225,000
Employment History 7 $665,000 $95,000 $255,000 $89,000 $260,000
Credit Application Incomplete 1 $55,000 $55,000 $55,000 $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.

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