Department Of Commerce
Mortgage Loan Application
Totals and Details
for 2022

Find mortgage loan statistics, lending data, and loan application totals for District Of Columbia.
The mortgage statistics and data below are specific to mortgage loan applications for Department Of Commerce.
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 Department Of Commerce
P.O. Box 14720
Washington, DC 20044
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  
Total Number of Mortgage Applications 254
Total Mortgage Loan Application Amount $145,240,000
Average Mortgage Loan Application Amount $480,000
Highest Mortgage Loan Application Amount $1,995,000
Average Applicant Income $262,500
Highest Applicant Income $2,488,000

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 DC, 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 Department Of Commerce by Metropolitan Area in 2022

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 66 $ 37,010,000 $ 477,333 $ 210,666
WASHINGTON-BALTIMORE-ARLINGTON, DC 34 $ 16,450,000 $ 483,000 $ 175,000
RICHMOND, VA 27 $ 9,735,000 $ 360,000 $ 161,000
BALTIMORE-COLUMBIA-TOWSON, MD 17 $ 8,675,000 $ 510,000 $ 332,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 15 $ 13,815,000 $ 921,000 $ 234,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 9 $ 11,205,000 $ 1,245,000 $ 265,000
NA (OUTSIDE OF MSA/MD) 9 $ 3,155,000 $ 394,285 $ 162,285
ATLANTA-SANDY SPRINGS-ROSWELL, GA 5 $ 1,555,000 $ 311,000 $ 116,000
CHARLOTTESVILLE, VA 5 $ 3,245,000 $ 649,000 $ 592,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 5 $ 3,465,000 $ 693,000 $ 249,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 4 $ 3,090,000 $ 772,000 $ 496,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 4 $ 1,900,000 $ 475,000 $ 201,000
MIAMI-MIAMI BEACH-KENDALL, FL 3 $ 1,795,000 $ 598,000 $ 302,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 3 $ 2,505,000 $ 835,000 $ 445,000
NASSAU COUNTY-SUFFOLK COUNTY, NY 3 $ 2,895,000 $ 965,000 $ 195,000
NEW YORK-NEWARK, NY 3 $ 2,225,000 $ 690,000 $ 252,000
BOSTON, MA 2 $ 1,040,000 $ 520,000 $ 169,000
CAPE CORAL-FORT MYERS, FL 2 $ 870,000 $ 435,000 $ 106,000
DALLAS-PLANO-IRVING, TX 2 $ 1,370,000 $ 685,000 $ 196,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 2 $ 1,440,000 $ 720,000 $ 251,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 2 $ 1,370,000 $ 685,000 $ 219,000
NORTH PORT-SARASOTA-BRADENTON, FL 2 $ 250,000 $ 125,000 $ 194,000
PHILADELPHIA, PA 2 $ 1,110,000 $ 555,000 $ 154,000
SALISBURY, MD-DE 2 $ 710,000 $ 355,000 $ 295,000
STOCKTON-LODI, CA 2 $ 1,490,000 $ 745,000 $ 155,000
WINCHESTER, VA-WV 2 $ 690,000 $ 345,000 $ 129,500
ANAHEIM-SANTA ANA-IRVINE, CA 1 $ 1,895,000 $ 1,895,000 $ 310,000
AUSTIN-ROUND ROCK, TX 1 $ 645,000 $ 645,000 $ 196,000
FRESNO, CA 1 $ 275,000 $ 275,000 $ 130,000
HARRISONBURG, VA 1 $ 95,000 $ 95,000 $ 42,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 1 $ 265,000 $ 265,000 $ 160,000
HOMOSASSA SPRINGS, FL 1 $ 105,000 $ 105,000 $ 73,000
JACKSONVILLE, FL 1 $ 885,000 $ 885,000 $ 215,000
KANSAS CITY, MO-KS 1 $ 455,000 $ 455,000 $ 159,000
LAKELAND-WINTER HAVEN, FL 1 $ 235,000 $ 235,000 $ 123,000
LAS VEGAS-HENDERSON-PARADISE, NV 1 $ 405,000 $ 405,000 $ 102,000
LYNCHBURG, VA 1 $ 255,000 $ 255,000 $ 68,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 1 $ 655,000 $ 655,000 $ 207,000
ORLANDO-KISSIMMEE-SANFORD, FL 1 $ 645,000 $ 645,000 $ 156,000
RALEIGH, NC 1 $ 495,000 $ 495,000 $ 103,000
ROCKY MOUNT, NC 1 $ 175,000 $ 175,000 $ 79,000
SAN DIEGO-CARLSBAD, CA 1 $ 1,115,000 $ 1,115,000 $ 375,000
SANTA MARIA-SANTA BARBARA, CA 1 $ 795,000 $ 795,000 $ 184,000
SEBASTIAN-VERO BEACH, FL 1 $ 475,000 $ 475,000 $ 292,000
ST. GEORGE, UT 1 $ 685,000 $ 685,000 $ 601,000
THE VILLAGES, FL 1 $ 305,000 $ 305,000 $ 650,000
WARREN-TROY-FARMINGTON HILLS, MI 1 $ 745,000 $ 745,000 $ 214,000
WORCESTER, MA-CT 1 $ 575,000 $ 575,000 $ 181,000

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 District Of Columbia, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Department Of Commerce 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 118 $67,040,000 $568,000 $1,505,000 $204,000 $1,479,000
Cash-out Refinancing 76 $41,580,000 $547,000 $1,995,000 $222,000 $2,488,000
Refinancing 58 $36,260,000 $625,000 $1,905,000 $251,000 $1,871,000
Other Purpose 2 $360,000 $180,000 $255,000 $373,000 $555,000
Home Improvement 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 118 $71,980,000 $610,000 $1,895,000 $246,000 $1,871,000
Not Provided 83 $46,345,000 $558,000 $1,995,000 $217,000 $2,488,000
Asian 29 $18,045,000 $622,000 $1,505,000 $211,000 $848,000
Black or African American 19 $5,695,000 $299,000 $775,000 $123,000 $198,000
Hispanic 4 $2,600,000 $650,000 $795,000 $148,000 $229,000
Native Hawaiian or Other Pacific Islander 1 $575,000 $575,000 $575,000 $168,000 $168,000
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 254 $145,240,000 $571,000 $1,995,000 $221,000 $2,488,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
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 185 $108,285,000 $585,000 $1,995,000 $234,000 $2,488,000
Application Withdrawn By Applicant 44 $25,500,000 $579,000 $1,905,000 $214,000 $1,479,000
Application Denied By Financial Institution 23 $10,415,000 $452,000 $1,005,000 $139,000 $410,000
File Closed For Incompleteness 2 $1,040,000 $520,000 $765,000 $155,000 $229,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
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 231 $134,825,000 $583,000 $1,995,000 $230,000 $2,488,000
Credit History 6 $1,510,000 $251,000 $425,000 $85,000 $196,000
Debt-To-Income Ratio 6 $3,350,000 $558,000 $1,005,000 $156,000 $346,000
Collateral 4 $3,060,000 $765,000 $965,000 $230,000 $410,000
Employment History 3 $1,185,000 $395,000 $645,000 $161,000 $191,000
Unverifiable Information 2 $620,000 $310,000 $435,000 $94,000 $138,000
Insufficient Cash (Downpayment, Closing Cost) 1 $225,000 $225,000 $225,000 $60,000 $60,000
Other 1 $465,000 $465,000 $465,000 $113,000 $113,000
Credit Application Incomplete 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 DC, 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 District Of Columbia, and search similar information at your convenience.

Download the District Of Columbia Lender List