Monarch Home Funding, Llc
Mortgage Loan Application
Totals and Details
for 2005

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 Home Funding, Llc.
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 Home Funding, Llc
750 Volvo Parkway
Chesapeake, VA 23320
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2004  2003  
Total Number of Mortgage Applications 323
Total Mortgage Loan Application Amount $70,186,000
Average Mortgage Loan Application Amount $252,800
Highest Mortgage Loan Application Amount $1,221,000
Average Applicant Income $119,000
Highest Applicant Income $1,106,000

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 Monarch Home Funding, Llc by County in 2005

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 117 $ 27,521,000 $ 235,000 $ 102,000
Chesapeake County Virginia 93 $ 17,797,000 $ 191,000 $ 82,000
Norfolk County Virginia 42 $ 9,692,000 $ 230,000 $ 94,000
Portsmouth County Virginia 16 $ 2,754,000 $ 172,000 $ 113,000
Suffolk County Virginia 9 $ 1,809,000 $ 201,000 $ 110,000
Currituck County North Carolina 8 $ 1,795,000 $ 224,000 $ 120,000
Camden County North Carolina 4 $ 461,000 $ 115,000 $ 67,000
Dare County North Carolina 4 $ 2,281,000 $ 570,000 $ 267,000
James City County Virginia 3 $ 522,000 $ 174,000 $ 69,000
Newport News County Virginia 3 $ 283,000 $ 94,000 $ 84,000
Gates County North Carolina 2 $ 674,000 $ 337,000 $ 70,000
Fairfax County Virginia 2 $ 231,000 $ 115,000 $ 42,000
Franklin City County Virginia 2 $ 255,000 $ 127,000 $ 103,000
Isle of Wight County Virginia 2 $ 607,000 $ 303,000 $ 112,000
Poquoson County Virginia 2 $ 387,000 $ 193,000 $ 74,000
Spotsylvania County Virginia 2 $ 531,000 $ 265,000 $ 178,000
Stafford County Virginia 2 $ 370,000 $ 185,000 $ 108,000
York County Virginia 2 $ 398,000 $ 199,000 $ 52,000
Johnston County North Carolina 1 $ 340,000 $ 340,000 $ 184,000
Accomack County Virginia 1 $ 80,000 $ 80,000 $ 120,000
Hampton County Virginia 1 $ 190,000 $ 190,000 $ 0
Hanover County Virginia 1 $ 165,000 $ 165,000 $ 115,000
King William County Virginia 1 $ 120,000 $ 120,000 $ 41,000
Loudoun County Virginia 1 $ 315,000 $ 315,000 $ 95,000
Mecklenburg County Virginia 1 $ 348,000 $ 348,000 $ 185,000
Southampton County Virginia 1 $ 260,000 $ 260,000 $ 77,000

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 Home Funding, Llc in 2005

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 170 $37,781,000 $232,500 $696,000 $115,000 $1,106,000
Home Purchase 150 $31,645,000 $273,000 $1,221,000 $116,500 $577,000
Home Improvement 3 $760,000 $253,000 $371,000 $132,000 $190,000

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 273 $60,329,000 $251,000 $1,221,000 $110,000 $1,106,000
Black or African American 35 $6,362,000 $321,500 $520,000 $191,500 $300,000
Asian 11 $2,104,000 $198,000 $380,000 $120,000 $195,000
American Indian or Alaskan Native 2 $335,000 $167,000 $227,000 $75,000 $118,000
Hispanic 1 $360,000 $360,000 $360,000 $114,000 $114,000
Native Hawaiian or Other Pacific Islander 1 $696,000 $696,000 $696,000 $256,000 $256,000
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 280 $62,602,000 $258,500 $1,221,000 $124,000 $1,106,000
VA-guaranteed (Veterans Administration) 23 $4,622,000 $200,000 $330,000 $59,000 $122,000
FHA-insured (Federal Housing Administration) 20 $2,962,000 $151,000 $228,000 $65,000 $190,000
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 294 $65,628,000 $255,000 $1,221,000 $117,500 $1,106,000
Application Withdrawn By Applicant 25 $4,182,000 $167,000 $576,000 $71,000 $294,000
Application Denied By Financial Institution 4 $376,000 $94,000 $136,000 $102,000 $179,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Other 4 $376,000 $94,000 $136,000 $102,000 $179,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 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.

Download the Virginia Lender List