The Freedom Bank Of Virginia
Mortgage Loan Application
Totals and Details
for 2019
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 The Freedom Bank Of Virginia.
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 | The Freedom Bank Of Virginia 10555 Main Street Fairfax, VA 22030 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 583 |
| Total Mortgage Loan Application Amount | $239,445,000 |
| Average Mortgage Loan Application Amount | $394,500 |
| Highest Mortgage Loan Application Amount | $11,475,000 |
| Average Applicant Income | $130,000 |
| Highest Applicant Income | $1,141,000 |
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 |
|---|---|---|---|---|
| Fairfax County Virginia | 128 | $ 60,100,000 | $ 469,000 | $ 147,000 |
| Prince William County Virginia | 87 | $ 32,055,000 | $ 368,000 | $ 109,000 |
| Loudoun County Virginia | 71 | $ 29,485,000 | $ 415,000 | $ 137,000 |
| Spotsylvania County Virginia | 48 | $ 14,850,000 | $ 309,000 | $ 93,000 |
| Stafford County Virginia | 33 | $ 10,535,000 | $ 319,000 | $ 92,000 |
| Fauquier County Virginia | 26 | $ 8,730,000 | $ 335,000 | $ 125,000 |
| District of Columbia County District Of Columbia | 19 | $ 9,625,000 | $ 506,000 | $ 255,000 |
| Arlington County Virginia | 15 | $ 5,755,000 | $ 383,000 | $ 124,000 |
| Montgomery County Maryland | 11 | $ 25,925,000 | $ 2,356,000 | $ 170,000 |
| Culpeper County Virginia | 11 | $ 2,385,000 | $ 216,000 | $ 86,000 |
| Caroline County Virginia | 10 | $ 2,150,000 | $ 215,000 | $ 72,000 |
| King George County Virginia | 8 | $ 2,470,000 | $ 308,000 | $ 126,000 |
| Manassas County Virginia | 7 | $ 2,345,000 | $ 335,000 | $ 148,000 |
| Prince George's County Maryland | 6 | $ 1,460,000 | $ 243,000 | $ 74,000 |
| Alexandria County Virginia | 6 | $ 1,840,000 | $ 306,000 | $ 115,000 |
| Fairfax City County Virginia | 6 | $ 3,230,000 | $ 538,000 | $ 191,000 |
| Howard County Maryland | 5 | $ 1,715,000 | $ 343,000 | $ 97,000 |
| Warren County Virginia | 5 | $ 1,175,000 | $ 235,000 | $ 63,000 |
| Fredericksburg County Virginia | 4 | $ 1,610,000 | $ 402,000 | $ 107,000 |
| Orange County Virginia | 4 | $ 940,000 | $ 235,000 | $ 66,000 |
| Anne Arundel County Maryland | 3 | $ 1,055,000 | $ 351,000 | $ 104,000 |
| New Hanover County North Carolina | 3 | $ 475,000 | $ 158,000 | $ 202,000 |
| Horry County South Carolina | 3 | $ 975,000 | $ 325,000 | $ 160,000 |
| Louisa County Virginia | 3 | $ 505,000 | $ 168,000 | $ 86,000 |
| Richmond City County Virginia | 3 | $ 1,005,000 | $ 335,000 | $ 215,000 |
| Westmoreland County Virginia | 3 | $ 325,000 | $ 108,000 | $ 29,000 |
| Arapahoe County Colorado | 2 | $ 710,000 | $ 355,000 | $ 114,000 |
| Clark County Nevada | 2 | $ 820,000 | $ 410,000 | $ 115,000 |
| Lexington County South Carolina | 2 | $ 280,000 | $ 140,000 | $ 51,000 |
| Chesterfield County Virginia | 2 | $ 570,000 | $ 285,000 | $ 94,000 |
| Clarke County Virginia | 2 | $ 550,000 | $ 275,000 | $ 103,000 |
| Falls Church County Virginia | 2 | $ 1,580,000 | $ 790,000 | $ 282,000 |
| Frederick County Virginia | 2 | $ 580,000 | $ 290,000 | $ 86,000 |
| Henrico County Virginia | 2 | $ 410,000 | $ 205,000 | $ 75,000 |
| Manassas Park County Virginia | 2 | $ 660,000 | $ 330,000 | $ 87,000 |
| Powhatan County Virginia | 2 | $ 290,000 | $ 145,000 | $ 30,000 |
| Rappahannock County Virginia | 2 | $ 410,000 | $ 205,000 | $ 42,000 |
| Staunton County Virginia | 2 | $ 480,000 | $ 240,000 | $ 83,000 |
| Virginia Beach County Virginia | 2 | $ 640,000 | $ 320,000 | $ 108,000 |
| Sussex County Delaware | 1 | $ 365,000 | $ 365,000 | $ 432,000 |
| Brevard County Florida | 1 | $ 435,000 | $ 435,000 | $ 310,000 |
| Hillsborough County Florida | 1 | $ 165,000 | $ 165,000 | $ 184,000 |
| St. Johns County Florida | 1 | $ 405,000 | $ 405,000 | $ 146,000 |
| Fulton County Georgia | 1 | $ 775,000 | $ 775,000 | $ 223,000 |
| Baltimore City County Maryland | 1 | $ 235,000 | $ 235,000 | $ 110,000 |
| Frederick County Maryland | 1 | $ 465,000 | $ 465,000 | $ 0 |
| Queen Anne's County Maryland | 1 | $ 395,000 | $ 395,000 | $ 133,000 |
| Washington County Maryland | 1 | $ 165,000 | $ 165,000 | $ 68,000 |
| Worcester County Maryland | 1 | $ 185,000 | $ 185,000 | $ 438,000 |
| Bristol County Massachusetts | 1 | $ 485,000 | $ 485,000 | $ 190,000 |
| Washtenaw County Michigan | 1 | $ 365,000 | $ 365,000 | $ 253,000 |
| Washoe County Nevada | 1 | $ 305,000 | $ 305,000 | $ 214,000 |
| Onondaga County New York | 1 | $ 215,000 | $ 215,000 | $ 162,000 |
| Brunswick County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 129,000 |
| Buncombe County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 90,000 |
| Mecklenburg County North Carolina | 1 | $ 235,000 | $ 235,000 | $ 158,000 |
| Wake County North Carolina | 1 | $ 375,000 | $ 375,000 | $ 146,000 |
| Washington County Pennsylvania | 1 | $ 415,000 | $ 415,000 | $ 105,000 |
| Lancaster County South Carolina | 1 | $ 375,000 | $ 375,000 | $ 109,000 |
| Tarrant County Texas | 1 | $ 105,000 | $ 105,000 | $ 273,000 |
| Cache County Utah | 1 | $ 175,000 | $ 175,000 | $ 114,000 |
| Albemarle County Virginia | 1 | $ 335,000 | $ 335,000 | $ 62,000 |
| Franklin County Virginia | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Hanover County Virginia | 1 | $ 285,000 | $ 285,000 | $ 102,000 |
| King William County Virginia | 1 | $ 185,000 | $ 185,000 | $ 86,000 |
| Berkeley County West Virginia | 1 | $ 175,000 | $ 175,000 | $ 72,000 |
| Jefferson County West Virginia | 1 | $ 305,000 | $ 305,000 | $ 358,000 |
| Morgan County West Virginia | 1 | $ 205,000 | $ 205,000 | $ 73,000 |
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 The Freedom Bank Of Virginia in 2019
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 | 401 | $175,305,000 | $437,000 | $11,475,000 | $123,000 | $1,141,000 |
| Refinancing | 182 | $64,140,000 | $352,000 | $985,000 | $137,000 | $510,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $0 | $0 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| Home Improvement | 0 | $0 | $0 | $0 | $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 | 320 | $112,530,000 | $351,000 | $1,105,000 | $133,000 | $1,141,000 |
| Not Provided | 103 | $50,365,000 | $488,000 | $11,005,000 | $130,000 | $378,000 |
| Black or African American | 60 | $22,110,000 | $368,000 | $675,000 | $99,000 | $327,000 |
| Asian | 38 | $14,540,000 | $382,000 | $625,000 | $120,000 | $390,000 |
| Not applicable | 25 | $24,345,000 | $973,000 | $11,475,000 | $0 | $0 |
| Hispanic | 24 | $9,840,000 | $410,000 | $1,145,000 | $119,000 | $328,000 |
| American Indian or Alaskan Native | 3 | $785,000 | $261,000 | $355,000 | $92,000 | $155,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 391 | $171,275,000 | $438,000 | $11,475,000 | $141,000 | $1,141,000 |
| FHA-insured (Federal Housing Administration) | 102 | $34,100,000 | $334,000 | $715,000 | $88,000 | $228,000 |
| VA-guaranteed (Veterans Administration) | 66 | $28,490,000 | $431,000 | $1,145,000 | $129,000 | $341,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 24 | $5,580,000 | $232,000 | $375,000 | $68,000 | $100,000 |
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 | 507 | $185,945,000 | $366,000 | $1,275,000 | $127,000 | $1,141,000 |
| Application Denied By Financial Institution | 27 | $21,405,000 | $792,000 | $11,005,000 | $107,000 | $355,000 |
| Application Withdrawn By Applicant | 20 | $7,710,000 | $385,000 | $855,000 | $131,000 | $354,000 |
| File Closed For Incompleteness | 18 | $7,730,000 | $429,000 | $805,000 | $151,000 | $378,000 |
| Loan Purchased By The Institution | 7 | $15,495,000 | $2,213,000 | $11,475,000 | $0 | $0 |
| Application Approved But Not Accepted | 4 | $1,160,000 | $290,000 | $485,000 | $102,000 | $139,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 556 | $218,040,000 | $392,000 | $11,475,000 | $128,000 | $1,141,000 |
| Credit Application Incomplete | 10 | $3,670,000 | $367,000 | $505,000 | $107,000 | $245,000 |
| Debt-To-Income Ratio | 9 | $14,315,000 | $1,590,000 | $11,005,000 | $96,000 | $209,000 |
| Other | 3 | $1,675,000 | $558,000 | $985,000 | $175,000 | $355,000 |
| Collateral | 2 | $880,000 | $440,000 | $505,000 | $131,000 | $131,000 |
| Credit History | 1 | $255,000 | $255,000 | $255,000 | $79,000 | $79,000 |
| Employment History | 1 | $185,000 | $185,000 | $185,000 | $25,000 | $25,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $425,000 | $425,000 | $425,000 | $99,000 | $99,000 |
| Mortgage Insurance Denied | 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.