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.

Mortgage Loan Application Totals for Second Bank & Trust by County in 2003

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.

Download the Virginia Lender List