Monarch Bank
Mortgage Loan Application
Totals and Details
for 2008
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 Monarch 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 | Monarch Bank 1435 Crossways Boulevard, Suite 101 Chesapeake, VA 23320 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,760 |
| Total Mortgage Loan Application Amount | $725,479,000 |
| Average Mortgage Loan Application Amount | $237,333 |
| Highest Mortgage Loan Application Amount | $3,100,000 |
| Average Applicant Income | $90,333 |
| Highest Applicant Income | $1,700,000 |
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 |
|---|---|---|---|---|
| Virginia Beach County Virginia | 600 | $ 162,917,000 | $ 271,000 | $ 89,000 |
| Prince George's County Maryland | 310 | $ 90,489,000 | $ 291,000 | $ 91,000 |
| Chesapeake County Virginia | 255 | $ 65,131,000 | $ 255,000 | $ 88,000 |
| Norfolk County Virginia | 215 | $ 44,128,000 | $ 205,000 | $ 94,000 |
| Montgomery County Maryland | 169 | $ 58,047,000 | $ 343,000 | $ 109,000 |
| Anne Arundel County Maryland | 139 | $ 42,120,000 | $ 303,000 | $ 83,000 |
| Charles County Maryland | 113 | $ 32,392,000 | $ 286,000 | $ 86,000 |
| Baltimore City County Maryland | 74 | $ 12,620,000 | $ 170,000 | $ 98,000 |
| Portsmouth County Virginia | 65 | $ 10,224,000 | $ 157,000 | $ 66,000 |
| District of Columbia County District Of Columbia | 63 | $ 18,985,000 | $ 301,000 | $ 109,000 |
| St. Mary's County Maryland | 56 | $ 13,814,000 | $ 246,000 | $ 84,000 |
| Suffolk County Virginia | 49 | $ 11,997,000 | $ 244,000 | $ 83,000 |
| Baltimore County Maryland | 45 | $ 11,079,000 | $ 246,000 | $ 77,000 |
| Fairfax County Virginia | 32 | $ 12,145,000 | $ 379,000 | $ 107,000 |
| Dare County North Carolina | 31 | $ 8,074,000 | $ 260,000 | $ 164,000 |
| Howard County Maryland | 29 | $ 9,198,000 | $ 317,000 | $ 93,000 |
| Calvert County Maryland | 27 | $ 7,978,000 | $ 295,000 | $ 79,000 |
| Frederick County Maryland | 26 | $ 7,805,000 | $ 300,000 | $ 85,000 |
| Hampton County Virginia | 26 | $ 5,336,000 | $ 205,000 | $ 101,000 |
| Sussex County Delaware | 25 | $ 5,680,000 | $ 227,000 | $ 103,000 |
| Chesterfield County Virginia | 23 | $ 4,848,000 | $ 210,000 | $ 87,000 |
| Loudoun County Virginia | 22 | $ 7,588,000 | $ 344,000 | $ 101,000 |
| Newport News County Virginia | 22 | $ 3,228,000 | $ 146,000 | $ 73,000 |
| Currituck County North Carolina | 20 | $ 5,664,000 | $ 283,000 | $ 98,000 |
| Prince William County Virginia | 18 | $ 5,029,000 | $ 279,000 | $ 107,000 |
| York County Virginia | 18 | $ 4,175,000 | $ 231,000 | $ 78,000 |
| Philadelphia County Pennsylvania | 13 | $ 2,613,000 | $ 201,000 | $ 150,000 |
| Richmond City County Virginia | 12 | $ 2,427,000 | $ 202,000 | $ 86,000 |
| Henrico County Virginia | 11 | $ 3,205,000 | $ 291,000 | $ 142,000 |
| Isle of Wight County Virginia | 10 | $ 2,486,000 | $ 248,000 | $ 75,000 |
| Stafford County Virginia | 9 | $ 2,452,000 | $ 272,000 | $ 75,000 |
| Arlington County Virginia | 8 | $ 2,280,000 | $ 285,000 | $ 140,000 |
| James City County Virginia | 8 | $ 1,757,000 | $ 219,000 | $ 93,000 |
| King George County Virginia | 8 | $ 1,905,000 | $ 238,000 | $ 78,000 |
| New Castle County Delaware | 7 | $ 1,527,000 | $ 218,000 | $ 41,000 |
| Harford County Maryland | 7 | $ 2,096,000 | $ 299,000 | $ 70,000 |
| Worcester County Maryland | 7 | $ 2,415,000 | $ 345,000 | $ 205,000 |
| Durham County North Carolina | 6 | $ 404,000 | $ 67,000 | $ 76,000 |
| York County Pennsylvania | 6 | $ 1,350,000 | $ 225,000 | $ 67,000 |
| Dinwiddie County Virginia | 6 | $ 1,692,000 | $ 282,000 | $ 95,000 |
| Spotsylvania County Virginia | 6 | $ 1,089,000 | $ 181,000 | $ 63,000 |
| Queen Anne's County Maryland | 5 | $ 1,628,000 | $ 325,000 | $ 15,000 |
| Wicomico County Maryland | 5 | $ 710,000 | $ 142,000 | $ 76,000 |
| Alexandria County Virginia | 5 | $ 1,950,000 | $ 390,000 | $ 186,000 |
| Gloucester County Virginia | 5 | $ 1,026,000 | $ 205,000 | $ 161,000 |
| Poquoson County Virginia | 5 | $ 1,390,000 | $ 278,000 | $ 71,000 |
| Jefferson County West Virginia | 5 | $ 1,453,000 | $ 290,000 | $ 44,000 |
| Duval County Florida | 4 | $ 421,000 | $ 105,000 | $ 79,000 |
| Pinellas County Florida | 4 | $ 491,000 | $ 122,000 | $ 162,000 |
| Carroll County Maryland | 4 | $ 1,474,000 | $ 368,000 | $ 94,000 |
| Mecklenburg County North Carolina | 4 | $ 648,000 | $ 162,000 | $ 69,000 |
| Pasquotank County North Carolina | 4 | $ 679,000 | $ 169,000 | $ 55,000 |
| Southampton County Virginia | 4 | $ 469,000 | $ 117,000 | $ 121,000 |
| Westmoreland County Virginia | 4 | $ 969,000 | $ 242,000 | $ 56,000 |
| Kent County Delaware | 3 | $ 610,000 | $ 203,000 | $ 63,000 |
| Garrett County Maryland | 3 | $ 726,000 | $ 242,000 | $ 185,000 |
| Chowan County North Carolina | 3 | $ 323,000 | $ 107,000 | $ 23,000 |
| Perquimans County North Carolina | 3 | $ 517,000 | $ 172,000 | $ 127,000 |
| Pitt County North Carolina | 3 | $ 261,000 | $ 87,000 | $ 96,000 |
| Adams County Pennsylvania | 3 | $ 653,000 | $ 217,000 | $ 58,000 |
| Berks County Pennsylvania | 3 | $ 420,000 | $ 140,000 | $ 108,000 |
| Laurens County South Carolina | 3 | $ 333,000 | $ 111,000 | $ 82,000 |
| Hanover County Virginia | 3 | $ 748,000 | $ 249,000 | $ 80,000 |
| Petersburg County Virginia | 3 | $ 351,000 | $ 117,000 | $ 142,000 |
| Allegany County Maryland | 2 | $ 263,000 | $ 131,000 | $ 60,000 |
| Caroline County Maryland | 2 | $ 430,000 | $ 215,000 | $ 68,000 |
| Dorchester County Maryland | 2 | $ 481,000 | $ 240,000 | $ 85,000 |
| Talbot County Maryland | 2 | $ 1,043,000 | $ 521,000 | $ 143,000 |
| Washington County Maryland | 2 | $ 566,000 | $ 283,000 | $ 90,000 |
| Jackson County Missouri | 2 | $ 167,000 | $ 83,000 | $ 102,000 |
| Camden County North Carolina | 2 | $ 363,000 | $ 181,000 | $ 130,000 |
| Butler County Pennsylvania | 2 | $ 221,000 | $ 110,000 | $ 44,000 |
| Horry County South Carolina | 2 | $ 513,000 | $ 256,000 | $ 118,000 |
| Spartanburg County South Carolina | 2 | $ 110,000 | $ 55,000 | $ 51,000 |
| Bedford County Virginia | 2 | $ 259,000 | $ 129,000 | $ 74,000 |
| Colonial Heights County Virginia | 2 | $ 334,000 | $ 167,000 | $ 71,000 |
| Franklin City County Virginia | 2 | $ 364,000 | $ 182,000 | $ 128,000 |
| Goochland County Virginia | 2 | $ 537,000 | $ 268,000 | $ 69,000 |
| Louisa County Virginia | 2 | $ 348,000 | $ 174,000 | $ 26,000 |
| Manassas County Virginia | 2 | $ 285,000 | $ 142,000 | $ 90,000 |
| Mathews County Virginia | 2 | $ 557,000 | $ 278,000 | $ 104,000 |
| Monongalia County West Virginia | 2 | $ 292,000 | $ 146,000 | $ 120,000 |
| Brevard County Florida | 1 | $ 79,000 | $ 79,000 | $ 14,000 |
| Collier County Florida | 1 | $ 328,000 | $ 328,000 | $ 580,000 |
| Hillsborough County Florida | 1 | $ 228,000 | $ 228,000 | $ 71,000 |
| Lee County Florida | 1 | $ 243,000 | $ 243,000 | $ 104,000 |
| Monroe County Florida | 1 | $ 380,000 | $ 380,000 | $ 234,000 |
| Palm Beach County Florida | 1 | $ 417,000 | $ 417,000 | $ 336,000 |
| Wakulla County Florida | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Cecil County Maryland | 1 | $ 160,000 | $ 160,000 | $ 47,000 |
| Cabarrus County North Carolina | 1 | $ 286,000 | $ 286,000 | $ 112,000 |
| Forsyth County North Carolina | 1 | $ 213,000 | $ 213,000 | $ 71,000 |
| Franklin County North Carolina | 1 | $ 201,000 | $ 201,000 | $ 83,000 |
| Gaston County North Carolina | 1 | $ 73,000 | $ 73,000 | $ 134,000 |
| Gates County North Carolina | 1 | $ 417,000 | $ 417,000 | $ 61,000 |
| Guilford County North Carolina | 1 | $ 126,000 | $ 126,000 | $ 50,000 |
| Halifax County North Carolina | 1 | $ 354,000 | $ 354,000 | $ 120,000 |
| Northampton County North Carolina | 1 | $ 417,000 | $ 417,000 | $ 270,000 |
| Rowan County North Carolina | 1 | $ 98,000 | $ 98,000 | $ 72,000 |
| Wake County North Carolina | 1 | $ 234,000 | $ 234,000 | $ 73,000 |
| Warren County North Carolina | 1 | $ 365,000 | $ 365,000 | $ 349,000 |
| Franklin County Pennsylvania | 1 | $ 202,000 | $ 202,000 | $ 45,000 |
| Lancaster County Pennsylvania | 1 | $ 192,000 | $ 192,000 | $ 60,000 |
| Northampton County Pennsylvania | 1 | $ 356,000 | $ 356,000 | $ 87,000 |
| Warren County Pennsylvania | 1 | $ 59,000 | $ 59,000 | $ 40,000 |
| Anderson County South Carolina | 1 | $ 295,000 | $ 295,000 | $ 105,000 |
| Orangeburg County South Carolina | 1 | $ 101,000 | $ 101,000 | $ 60,000 |
| Accomack County Virginia | 1 | $ 187,000 | $ 187,000 | $ 45,000 |
| Caroline County Virginia | 1 | $ 206,000 | $ 206,000 | $ 48,000 |
| Culpeper County Virginia | 1 | $ 393,000 | $ 393,000 | $ 0 |
| Cumberland County Virginia | 1 | $ 90,000 | $ 90,000 | $ 42,000 |
| Fairfax City County Virginia | 1 | $ 421,000 | $ 421,000 | $ 110,000 |
| Fauquier County Virginia | 1 | $ 282,000 | $ 282,000 | $ 68,000 |
| Giles County Virginia | 1 | $ 160,000 | $ 160,000 | $ 42,000 |
| Lancaster County Virginia | 1 | $ 562,000 | $ 562,000 | $ 99,000 |
| Lunenburg County Virginia | 1 | $ 174,000 | $ 174,000 | $ 80,000 |
| New Kent County Virginia | 1 | $ 176,000 | $ 176,000 | $ 60,000 |
| Northumberland County Virginia | 1 | $ 120,000 | $ 120,000 | $ 336,000 |
| Prince Edward County Virginia | 1 | $ 352,000 | $ 352,000 | $ 122,000 |
| Winchester County Virginia | 1 | $ 320,000 | $ 320,000 | $ 161,000 |
| Berkeley County West Virginia | 1 | $ 198,000 | $ 198,000 | $ 59,000 |
| Pocahontas County West Virginia | 1 | $ 127,000 | $ 127,000 | $ 234,000 |
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 Monarch Bank in 2008
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 | 1,531 | $394,461,000 | $257,000 | $1,470,000 | $92,000 | $879,000 |
| Refinancing | 1,210 | $327,485,000 | $270,000 | $3,100,000 | $93,000 | $1,700,000 |
| Home Improvement | 19 | $3,533,000 | $185,000 | $417,000 | $86,000 | $192,000 |
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 | 1,695 | $446,473,000 | $263,000 | $1,500,000 | $96,000 | $1,700,000 |
| Black or African American | 691 | $179,845,000 | $260,000 | $735,000 | $87,000 | $420,000 |
| Not Provided | 198 | $49,904,000 | $252,000 | $1,470,000 | $94,000 | $562,000 |
| Hispanic | 101 | $24,515,000 | $242,000 | $462,000 | $73,000 | $214,000 |
| Asian | 48 | $15,496,000 | $322,000 | $960,000 | $112,000 | $470,000 |
| Not applicable | 11 | $4,720,000 | $429,000 | $3,100,000 | $0 | $0 |
| American Indian or Alaskan Native | 9 | $2,173,000 | $241,000 | $386,000 | $61,000 | $113,000 |
| Native Hawaiian or Other Pacific Islander | 7 | $2,353,000 | $336,000 | $741,000 | $84,000 | $188,000 |
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) | 1,277 | $325,602,000 | $254,000 | $3,100,000 | $113,000 | $1,700,000 |
| FHA-insured (Federal Housing Administration) | 1,063 | $282,024,000 | $265,000 | $743,000 | $78,000 | $807,000 |
| VA-guaranteed (Veterans Administration) | 420 | $117,853,000 | $280,000 | $726,000 | $65,000 | $278,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 2,120 | $544,989,000 | $257,000 | $3,100,000 | $89,000 | $1,700,000 |
| Application Withdrawn By Applicant | 341 | $95,898,000 | $281,000 | $969,000 | $108,000 | $879,000 |
| Application Denied By Financial Institution | 178 | $50,879,000 | $285,000 | $900,000 | $85,000 | $420,000 |
| Application Approved But Not Accepted | 80 | $23,143,000 | $289,000 | $944,000 | $116,000 | $752,000 |
| File Closed For Incompleteness | 41 | $10,570,000 | $257,000 | $493,000 | $99,000 | $624,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 60 | $19,829,000 | $330,000 | $847,000 | $88,000 | $336,000 |
| Debt-To-Income Ratio | 53 | $15,090,000 | $284,000 | $900,000 | $58,000 | $194,000 |
| Collateral | 29 | $6,025,000 | $207,000 | $553,000 | $113,000 | $420,000 |
| Other | 19 | $4,615,000 | $242,000 | $880,000 | $92,000 | $200,000 |
| Unverifiable Information | 7 | $2,118,000 | $302,000 | $560,000 | $150,000 | $243,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $2,134,000 | $355,000 | $536,000 | $97,000 | $204,000 |
| Credit Application Incomplete | 3 | $855,000 | $285,000 | $386,000 | $46,000 | $84,000 |
| Employment History | 1 | $213,000 | $213,000 | $213,000 | $33,000 | $33,000 |
| 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.