Resource Bank
Mortgage Loan Application
Totals and Details
for 2003

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 Resource 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 Resource Bank
4429 Bonney Road
Virginia Beach, VA 23462
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 10,633
Total Mortgage Loan Application Amount $1,429,842,000
Average Mortgage Loan Application Amount $137,532
Highest Mortgage Loan Application Amount $2,400,000
Average Applicant Income $57,792
Highest Applicant Income $1,296,000

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 Resource Bank by Metropolitan Area in 2003

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NORFOLK-VIRGINIA BEACH-NEWPORT NEWS, VA-NC 4,347 $ 656,292,000 $ 150,000 $ 59,000
RICHMOND-PETERSBURG, VA 1,026 $ 150,670,000 $ 146,000 $ 58,000
BALTIMORE, MD 242 $ 39,048,000 $ 161,000 $ 84,000
CHARLOTTE-GASTONIA-ROCK HILL, NC-SC 232 $ 17,164,000 $ 73,000 $ 78,000
JACKSONVILLE, FL 197 $ 22,852,000 $ 116,000 $ 58,000
DETROIT, MI 136 $ 10,196,000 $ 74,000 $ 72,000
FORT LAUDERDALE, FL 111 $ 13,513,000 $ 121,000 $ 71,000
ROANOKE, VA 99 $ 7,004,000 $ 70,000 $ 50,000
CINCINNATI, OH-KY-IN 92 $ 7,917,000 $ 86,000 $ 76,000
MIAMI, FL 87 $ 12,906,000 $ 148,000 $ 75,000
GREENSBORO--WINSTON-SALEM--HIGH POINT, NC 70 $ 8,156,000 $ 116,000 $ 48,000
DAYTON-SPRINGFIELD, OH 62 $ 3,385,000 $ 54,000 $ 55,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 60 $ 4,871,000 $ 81,000 $ 60,000
WEST PALM BEACH-BOCA RATON, FL 60 $ 7,861,000 $ 131,000 $ 55,000
MINNEAPOLIS-ST. PAUL, MN-WI 58 $ 8,044,000 $ 138,000 $ 94,000
COLUMBUS, OH 55 $ 4,781,000 $ 86,000 $ 89,000
KNOXVILLE, TN 49 $ 4,449,000 $ 90,000 $ 42,000
PHILADELPHIA, PA-NJ 47 $ 6,194,000 $ 131,000 $ 100,000
PITTSBURGH, PA 47 $ 4,349,000 $ 92,000 $ 46,000
ORLANDO, FL 43 $ 4,643,000 $ 107,000 $ 59,000
CLEVELAND-LORAIN-ELYRIA, OH 40 $ 3,536,000 $ 88,000 $ 64,000
RALEIGH-DURHAM-CHAPEL HILL, NC 40 $ 5,393,000 $ 134,000 $ 71,000
DANVILLE, VA 36 $ 2,644,000 $ 73,000 $ 39,000
AKRON, OH 35 $ 1,932,000 $ 55,000 $ 58,000
LYNCHBURG, VA 32 $ 2,893,000 $ 90,000 $ 61,000
DALLAS, TX 29 $ 3,012,000 $ 103,000 $ 36,000
LANSING-EAST LANSING, MI 28 $ 2,933,000 $ 104,000 $ 54,000
ALLENTOWN-BETHLEHEM-EASTON, PA 27 $ 1,428,000 $ 52,000 $ 65,000
AUSTIN-SAN MARCOS, TX 27 $ 2,428,000 $ 89,000 $ 38,000
COLUMBIA, SC 24 $ 1,479,000 $ 61,000 $ 53,000
TOLEDO, OH 24 $ 2,117,000 $ 88,000 $ 54,000
CHARLOTTESVILLE, VA 23 $ 2,803,000 $ 121,000 $ 57,000
CHICAGO, IL 23 $ 2,345,000 $ 101,000 $ 37,000
GRAND RAPIDS-MUSKEGON-HOLLAND, MI 23 $ 2,894,000 $ 125,000 $ 59,000
MEMPHIS, TN-AR-MS 23 $ 1,780,000 $ 77,000 $ 67,000
KANSAS CITY, MO-KS 22 $ 1,606,000 $ 73,000 $ 59,000
SCRANTON--WILKES-BARRE--HAZLETON, PA 22 $ 1,805,000 $ 82,000 $ 52,000
ST. LOUIS, MO-IL 21 $ 1,819,000 $ 86,000 $ 48,000
LOUISVILLE, KY-IN 20 $ 1,313,000 $ 65,000 $ 58,000
TALLAHASSEE, FL 18 $ 1,367,000 $ 75,000 $ 51,000
GREENVILLE-SPARTANBURG-ANDERSON, SC 17 $ 1,517,000 $ 89,000 $ 51,000
ATLANTA, GA 16 $ 2,120,000 $ 132,000 $ 64,000
FORT PIERCE-PORT ST. LUCIE, FL 16 $ 2,073,000 $ 129,000 $ 98,000
NASHVILLE, TN 16 $ 2,009,000 $ 125,000 $ 60,000
DENVER, CO 15 $ 1,983,000 $ 132,000 $ 23,000
HAMILTON-MIDDLETOWN, OH 15 $ 1,314,000 $ 87,000 $ 48,000
INDIANAPOLIS, IN 15 $ 965,000 $ 64,000 $ 46,000
KALAMAZOO-BATTLE CREEK, MI 15 $ 1,126,000 $ 75,000 $ 49,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 14 $ 1,052,000 $ 75,000 $ 52,000
YORK, PA 14 $ 854,000 $ 61,000 $ 48,000
ANN ARBOR, MI 13 $ 2,089,000 $ 160,000 $ 73,000
BENTON HARBOR, MI 12 $ 1,230,000 $ 102,000 $ 57,000
HOUSTON, TX 12 $ 1,248,000 $ 104,000 $ 42,000
LEXINGTON, KY 12 $ 1,260,000 $ 105,000 $ 61,000
PENSACOLA, FL 12 $ 897,000 $ 74,000 $ 78,000
PHOENIX-MESA, AZ 12 $ 1,131,000 $ 94,000 $ 9,000
RIVERSIDE-SAN BERNARDINO, CA 12 $ 1,674,000 $ 139,000 $ 58,000
WICHITA, KS 12 $ 630,000 $ 52,000 $ 65,000
CHARLESTON-NORTH CHARLESTON, SC 11 $ 1,113,000 $ 101,000 $ 67,000
DAYTONA BEACH, FL 11 $ 1,432,000 $ 130,000 $ 60,000
HARTFORD, CT 11 $ 1,055,000 $ 95,000 $ 27,000
LOS ANGELES-LONG BEACH, CA 11 $ 1,288,000 $ 117,000 $ 36,000
MYRTLE BEACH, SC 11 $ 1,456,000 $ 132,000 $ 117,000
WILMINGTON-NEWARK, DE-MD 11 $ 1,750,000 $ 159,000 $ 73,000
LAKELAND-WINTER HAVEN, FL 10 $ 876,000 $ 87,000 $ 63,000
OKLAHOMA CITY, OK 10 $ 937,000 $ 93,000 $ 91,000
WILMINGTON, NC 10 $ 1,231,000 $ 123,000 $ 33,000
YOUNGSTOWN-WARREN, OH 10 $ 639,000 $ 63,000 $ 50,000
ALTOONA, PA 9 $ 609,000 $ 67,000 $ 46,000
CANTON-MASSILLON, OH 9 $ 730,000 $ 81,000 $ 64,000
ERIE, PA 9 $ 851,000 $ 94,000 $ 84,000
JOHNSON CITY-KINGSPORT-BRISTOL, TN-VA 9 $ 1,004,000 $ 111,000 $ 51,000
MILWAUKEE-WAUKESHA, WI 9 $ 1,163,000 $ 129,000 $ 63,000
DANBURY, CT 8 $ 1,766,000 $ 220,000 $ 39,000
MELBOURNE-TITUSVILLE-PALM BAY, FL 8 $ 935,000 $ 116,000 $ 58,000
TULSA, OK 8 $ 709,000 $ 88,000 $ 75,000
BOSTON, MA-NH 7 $ 1,295,000 $ 185,000 $ 35,000
HICKORY-MORGANTON-LENOIR, NC 7 $ 324,000 $ 46,000 $ 91,000
NEW HAVEN-MERIDEN, CT 7 $ 608,000 $ 86,000 $ 30,000
NEW ORLEANS, LA 7 $ 531,000 $ 75,000 $ 70,000
SALEM, OR 7 $ 1,008,000 $ 144,000 $ 103,000
SPRINGFIELD, MO 7 $ 393,000 $ 56,000 $ 66,000
BOISE CITY, ID 6 $ 351,000 $ 58,000 $ 0
FLINT, MI 6 $ 377,000 $ 62,000 $ 78,000
FORT WORTH-ARLINGTON, TX 6 $ 627,000 $ 104,000 $ 46,000
GARY, IN 6 $ 253,000 $ 42,000 $ 8,000
HAGERSTOWN, MD 6 $ 519,000 $ 86,000 $ 53,000
HARRISBURG-LEBANON-CARLISLE, PA 6 $ 755,000 $ 125,000 $ 73,000
LAREDO, TX 6 $ 435,000 $ 72,000 $ 46,000
NASSAU-SUFFOLK, NY 6 $ 1,058,000 $ 176,000 $ 16,000
READING, PA 6 $ 698,000 $ 116,000 $ 67,000
SARASOTA-BRADENTON, FL 6 $ 575,000 $ 95,000 $ 35,000
BATON ROUGE, LA 5 $ 898,000 $ 179,000 $ 110,000
ELKHART-GOSHEN, IN 5 $ 518,000 $ 103,000 $ 68,000
FAYETTEVILLE, NC 5 $ 268,000 $ 53,000 $ 43,000
FORT SMITH, AR-OK 5 $ 471,000 $ 94,000 $ 34,000
JACKSONVILLE, NC 5 $ 440,000 $ 88,000 $ 76,000
NEW YORK, NY 5 $ 1,008,000 $ 201,000 $ 26,000
PUNTA GORDA, FL 5 $ 359,000 $ 71,000 $ 43,000
SACRAMENTO, CA 5 $ 1,144,000 $ 228,000 $ 88,000
SAN ANTONIO, TX 5 $ 238,000 $ 47,000 $ 47,000
STATE COLLEGE, PA 5 $ 565,000 $ 113,000 $ 39,000
STEUBENVILLE-WEIRTON, OH-WV 5 $ 330,000 $ 66,000 $ 46,000
TUCSON, AZ 5 $ 287,000 $ 57,000 $ 23,000
WASHINGTON, DC-MD-VA-WV 5 $ 2,766,000 $ 553,000 $ 94,000
ALBANY-SCHENECTADY-TROY, NY 4 $ 933,000 $ 233,000 $ 103,000
CHATTANOOGA, TN-GA 4 $ 558,000 $ 139,000 $ 109,000
GAINESVILLE, FL 4 $ 344,000 $ 86,000 $ 53,000
GRAND JUNCTION, CO 4 $ 277,000 $ 69,000 $ 0
GREENVILLE, NC 4 $ 388,000 $ 97,000 $ 44,000
HUNTINGTON-ASHLAND, WV-KY-OH 4 $ 196,000 $ 49,000 $ 51,000
MANSFIELD, OH 4 $ 364,000 $ 91,000 $ 29,000
MONROE, LA 4 $ 387,000 $ 96,000 $ 56,000
SAGINAW-BAY CITY-MIDLAND, MI 4 $ 244,000 $ 61,000 $ 20,000
SHARON, PA 4 $ 163,000 $ 40,000 $ 21,000
SPRINGFIELD, MA 4 $ 161,000 $ 40,000 $ 41,000
WILLIAMSPORT, PA 4 $ 140,000 $ 35,000 $ 54,000
COLORADO SPRINGS, CO 3 $ 327,000 $ 109,000 $ 62,000
DES MOINES, IA 3 $ 186,000 $ 62,000 $ 60,000
FORT MYERS-CAPE CORAL, FL 3 $ 540,000 $ 180,000 $ 119,000
JACKSON, MI 3 $ 300,000 $ 100,000 $ 76,000
OMAHA, NE-IA 3 $ 132,000 $ 44,000 $ 0
ROCKY MOUNT, NC 3 $ 131,000 $ 43,000 $ 78,000
SAN DIEGO, CA 3 $ 658,000 $ 219,000 $ 54,000
ALBUQUERQUE, NM 2 $ 143,000 $ 71,000 $ 70,000
ASHEVILLE, NC 2 $ 488,000 $ 244,000 $ 88,000
BAKERSFIELD, CA 2 $ 116,000 $ 58,000 $ 69,000
BRIDGEPORT, CT 2 $ 494,000 $ 247,000 $ 59,000
CHARLESTON, WV 2 $ 116,000 $ 58,000 $ 30,000
CHEYENNE, WY 2 $ 131,000 $ 65,000 $ 0
CLARKSVILLE-HOPKINSVILLE, TN-KY 2 $ 138,000 $ 69,000 $ 0
DULUTH-SUPERIOR, MN-WI 2 $ 167,000 $ 83,000 $ 0
FITCHBURG-LEOMINSTER, MA 2 $ 194,000 $ 97,000 $ 0
FORT WALTON BEACH, FL 2 $ 145,000 $ 72,000 $ 27,000
FORT WAYNE, IN 2 $ 171,000 $ 85,000 $ 67,000
JACKSON, TN 2 $ 223,000 $ 111,000 $ 60,000
LANCASTER, PA 2 $ 330,000 $ 165,000 $ 58,000
LITTLE ROCK-NORTH LITTLE ROCK, AR 2 $ 241,000 $ 120,000 $ 40,000
OAKLAND, CA 2 $ 414,000 $ 207,000 $ 0
PORTLAND-VANCOUVER, OR-WA 2 $ 218,000 $ 109,000 $ 0
RACINE, WI 2 $ 88,000 $ 44,000 $ 128,000
STAMFORD-NORWALK, CT 2 $ 223,000 $ 111,000 $ 0
WATERBURY, CT 2 $ 91,000 $ 45,000 $ 0
WHEELING, WV-OH 2 $ 110,000 $ 55,000 $ 49,000
WORCESTER, MA-CT 2 $ 228,000 $ 114,000 $ 0
APPLETON-OSHKOSH-NEENAH, WI 1 $ 136,000 $ 136,000 $ 56,000
BEAUMONT-PORT ARTHUR, TX 1 $ 74,000 $ 74,000 $ 62,000
BILLINGS, MT 1 $ 85,000 $ 85,000 $ 0
BINGHAMTON, NY 1 $ 112,000 $ 112,000 $ 66,000
COLUMBIA, MO 1 $ 45,000 $ 45,000 $ 33,000
EL PASO, TX 1 $ 112,000 $ 112,000 $ 78,000
EVANSVILLE-HENDERSON, IN-KY 1 $ 203,000 $ 203,000 $ 74,000
FLORENCE, SC 1 $ 39,000 $ 39,000 $ 49,000
GREEN BAY, WI 1 $ 50,000 $ 50,000 $ 55,000
KENOSHA, WI 1 $ 62,000 $ 62,000 $ 34,000
KOKOMO, IN 1 $ 50,000 $ 50,000 $ 64,000
LAFAYETTE, IN 1 $ 21,000 $ 21,000 $ 32,000
LAFAYETTE, LA 1 $ 97,000 $ 97,000 $ 62,000
LAWRENCE, KS 1 $ 134,000 $ 134,000 $ 36,000
LAWRENCE, MA-NH 1 $ 140,000 $ 140,000 $ 30,000
LINCOLN, NE 1 $ 98,000 $ 98,000 $ 66,000
LOWELL, MA-NH 1 $ 240,000 $ 240,000 $ 0
MADISON, WI 1 $ 69,000 $ 69,000 $ 131,000
NAPLES, FL 1 $ 80,000 $ 80,000 $ 25,000
NEWBURGH, NY-PA 1 $ 280,000 $ 280,000 $ 0
OCALA, FL 1 $ 98,000 $ 98,000 $ 62,000
OLYMPIA, WA 1 $ 290,000 $ 290,000 $ 123,000
ROCHESTER, NY 1 $ 576,000 $ 576,000 $ 275,000
SANTA BARBARA-SANTA MARIA-LOMPOC, CA 1 $ 240,000 $ 240,000 $ 48,000
SANTA CRUZ-WATSONVILLE, CA 1 $ 407,000 $ 407,000 $ 114,000
SANTA ROSA, CA 1 $ 750,000 $ 750,000 $ 288,000
SIOUX FALLS, SD 1 $ 155,000 $ 155,000 $ 58,000
ST. JOSEPH, MO 1 $ 58,000 $ 58,000 $ 71,000
STOCKTON-LODI, CA 1 $ 267,000 $ 267,000 $ 80,000
TERRE HAUTE, IN 1 $ 88,000 $ 88,000 $ 36,000
TOPEKA, KS 1 $ 73,000 $ 73,000 $ 77,000
YOLO, CA 1 $ 283,000 $ 283,000 $ 70,000

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 Resource Bank in 2003

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 (one-to-four family) 6,470 $800,670,000 $105,243 $975,000 $57,378 $1,296,000
Refinancing (home purchase or home improvement, one-to-four family) 4,144 $621,960,000 $149,944 $1,700,000 $56,638 $816,000
Home Improvement (one-to-four family) 12 $3,057,000 $235,000 $488,000 $96,000 $320,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 7 $4,155,000 $593,000 $2,400,000 $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 6,884 $982,967,000 $112,916 $1,700,000 $55,444 $1,296,000
Black 1,729 $195,309,000 $114,074 $840,000 $71,518 $576,000
Information not provided by applicant in mail or telephone application 846 $97,958,000 $119,483 $950,000 $54,290 $816,000
Hispanic 739 $90,709,000 $99,636 $521,000 $45,545 $240,000
Asian or Pacific Islander 293 $39,833,000 $107,928 $680,000 $46,000 $420,000
Other 97 $13,610,000 $104,100 $823,000 $57,500 $360,000
American Indian or Alaskan Native 27 $3,724,000 $106,285 $616,000 $34,571 $168,000
Not applicable 18 $5,732,000 $355,666 $2,400,000 $30,333 $219,000

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) 8,694 $1,177,020,000 $116,487 $2,400,000 $55,461 $1,296,000
FHA-insured (Federal Housing Administration) 991 $113,900,000 $128,500 $300,000 $61,166 $816,000
VA-guaranteed (Veterans Administration) 935 $137,220,000 $162,500 $300,000 $35,333 $239,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 13 $1,702,000 $124,000 $198,000 $44,000 $153,000

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 7,830 $1,102,196,000 $110,947 $2,400,000 $49,947 $1,296,000
Application Denied By Financial Institution 1,083 $110,473,000 $110,185 $556,000 $69,444 $576,000
Application Approved But Not Accepted 958 $102,385,000 $120,300 $1,230,000 $60,866 $480,000
Application Withdrawn By Applicant 670 $99,661,000 $118,285 $1,700,000 $63,857 $895,000
File Closed For Incompleteness 92 $15,127,000 $147,833 $950,000 $78,000 $582,000
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
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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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