Second Bank & Trust
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 Second Bank & Trust.
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 | Second Bank & Trust 4805 Lassen Lane Fredericksburg, VA 22408 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 672 |
| Total Mortgage Loan Application Amount | $88,016,000 |
| Average Mortgage Loan Application Amount | $170,000 |
| Highest Mortgage Loan Application Amount | $1,100,000 |
| Average Applicant Income | $69,400 |
| Highest Applicant Income | $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 |
|---|---|---|---|---|
| Culpeper County Virginia | 237 | $ 32,893,000 | $ 138,000 | $ 75,000 |
| Orange County Virginia | 156 | $ 19,582,000 | $ 125,000 | $ 81,000 |
| Madison County Virginia | 112 | $ 10,369,000 | $ 92,000 | $ 62,000 |
| Fauquier County Virginia | 42 | $ 6,229,000 | $ 148,000 | $ 49,000 |
| Spotsylvania County Virginia | 18 | $ 3,349,000 | $ 186,000 | $ 95,000 |
| Rappahannock County Virginia | 15 | $ 1,695,000 | $ 113,000 | $ 65,000 |
| Rockingham County Virginia | 13 | $ 2,475,000 | $ 190,000 | $ 73,000 |
| Fairfax County Virginia | 9 | $ 1,648,000 | $ 183,000 | $ 100,000 |
| Harrisonburg County Virginia | 8 | $ 1,265,000 | $ 158,000 | $ 98,000 |
| Greene County Virginia | 7 | $ 570,000 | $ 81,000 | $ 76,000 |
| Augusta County Virginia | 5 | $ 1,481,000 | $ 296,000 | $ 29,000 |
| Shenandoah County Virginia | 5 | $ 500,000 | $ 100,000 | $ 48,000 |
| Louisa County Virginia | 4 | $ 376,000 | $ 94,000 | $ 60,000 |
| Prince William County Virginia | 4 | $ 512,000 | $ 128,000 | $ 140,000 |
| Stafford County Virginia | 4 | $ 608,000 | $ 152,000 | $ 95,000 |
| Westmoreland County Virginia | 4 | $ 356,000 | $ 89,000 | $ 74,000 |
| Albemarle County Virginia | 3 | $ 662,000 | $ 220,000 | $ 73,000 |
| Charlottesville County Virginia | 2 | $ 312,000 | $ 156,000 | $ 201,000 |
| Fredericksburg County Virginia | 2 | $ 400,000 | $ 200,000 | $ 111,000 |
| Henrico County Virginia | 2 | $ 221,000 | $ 110,000 | $ 35,000 |
| Loudoun County Virginia | 2 | $ 438,000 | $ 219,000 | $ 106,000 |
| Manassas County Virginia | 2 | $ 282,000 | $ 141,000 | $ 108,000 |
| Middlesex County Virginia | 2 | $ 114,000 | $ 57,000 | $ 118,000 |
| Page County Virginia | 2 | $ 159,000 | $ 79,000 | $ 347,000 |
| Warren County Virginia | 2 | $ 168,000 | $ 84,000 | $ 88,000 |
| Montgomery County Maryland | 1 | $ 84,000 | $ 84,000 | $ 110,000 |
| Arlington County Virginia | 1 | $ 76,000 | $ 76,000 | $ 58,000 |
| Chesterfield County Virginia | 1 | $ 97,000 | $ 97,000 | $ 54,000 |
| Fluvanna County Virginia | 1 | $ 125,000 | $ 125,000 | $ 34,000 |
| Highland County Virginia | 1 | $ 250,000 | $ 250,000 | $ 214,000 |
| King George County Virginia | 1 | $ 200,000 | $ 200,000 | $ 145,000 |
| Manassas Park County Virginia | 1 | $ 260,000 | $ 260,000 | $ 90,000 |
| Montgomery County Virginia | 1 | $ 50,000 | $ 50,000 | $ 113,000 |
| Nelson County Virginia | 1 | $ 100,000 | $ 100,000 | $ 54,000 |
| Rockbridge County Virginia | 1 | $ 110,000 | $ 110,000 | $ 48,000 |
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 Second Bank & Trust 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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 442 | $55,083,000 | $104,000 | $910,000 | $90,500 | $534,000 |
| Home Purchase (one-to-four family) | 165 | $26,356,000 | $159,000 | $576,000 | $107,000 | $700,000 |
| Home Improvement (one-to-four family) | 54 | $1,565,000 | $28,000 | $200,000 | $59,000 | $128,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 11 | $5,012,000 | $455,000 | $1,100,000 | $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 | 580 | $74,319,000 | $106,000 | $1,100,000 | $93,500 | $700,000 |
| Information not provided by applicant in mail or telephone application | 49 | $7,080,000 | $144,000 | $332,000 | $84,000 | $230,000 |
| Black | 22 | $1,600,000 | $72,000 | $164,000 | $52,000 | $175,000 |
| Not applicable | 11 | $3,791,000 | $344,000 | $910,000 | $194,000 | $645,000 |
| Hispanic | 4 | $273,000 | $68,000 | $120,000 | $48,000 | $69,000 |
| Asian or Pacific Islander | 3 | $682,000 | $227,000 | $250,000 | $99,000 | $124,000 |
| Other | 2 | $243,000 | $121,000 | $124,000 | $50,000 | $58,000 |
| American Indian or Alaskan Native | 1 | $28,000 | $28,000 | $28,000 | $54,000 | $54,000 |
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) | 669 | $87,477,000 | $107,000 | $1,100,000 | $95,000 | $700,000 |
| VA-guaranteed (Veterans Administration) | 2 | $403,000 | $201,000 | $284,000 | $73,000 | $103,000 |
| FHA-insured (Federal Housing Administration) | 1 | $136,000 | $136,000 | $136,000 | $57,000 | $57,000 |
| 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 | 581 | $76,946,000 | $108,000 | $1,100,000 | $98,500 | $700,000 |
| Application Withdrawn By Applicant | 44 | $6,420,000 | $145,000 | $586,000 | $65,000 | $208,000 |
| Application Denied By Financial Institution | 35 | $2,948,000 | $84,000 | $221,000 | $54,000 | $124,000 |
| Application Approved But Not Accepted | 8 | $993,000 | $124,000 | $293,000 | $88,000 | $212,000 |
| Loan Purchased By The Institution | 3 | $628,000 | $209,000 | $250,000 | $139,000 | $152,000 |
| File Closed For Incompleteness | 1 | $81,000 | $81,000 | $81,000 | $51,000 | $51,000 |
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 | 20 | $1,581,000 | $79,000 | $221,000 | $47,000 | $90,000 |
| Debt-To-Income Ratio | 11 | $1,052,000 | $95,000 | $216,000 | $66,000 | $124,000 |
| Collateral | 2 | $144,000 | $72,000 | $114,000 | $38,000 | $47,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $123,000 | $123,000 | $123,000 | $78,000 | $78,000 |
| Other | 1 | $48,000 | $48,000 | $48,000 | $77,000 | $77,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 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.