Towne Bank
Mortgage Loan Application
Totals and Details
for 2009

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 Towne 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 Towne Bank
5716 High Street West
Portsmouth, VA 23703
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  2003  
Total Number of Mortgage Applications 4,575
Total Mortgage Loan Application Amount $1,067,288,000
Average Mortgage Loan Application Amount $183,666
Highest Mortgage Loan Application Amount $1,875,000
Average Applicant Income $89,333
Highest Applicant Income $9,338,000

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 Towne Bank by County in 2009

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 1,230 $ 325,551,000 $ 264,000 $ 96,000
Chesapeake County Virginia 671 $ 158,881,000 $ 236,000 $ 76,000
Norfolk County Virginia 442 $ 92,463,000 $ 209,000 $ 77,000
Portsmouth County Virginia 344 $ 57,080,000 $ 165,000 $ 61,000
Newport News County Virginia 262 $ 52,827,000 $ 201,000 $ 74,000
James City County Virginia 255 $ 72,403,000 $ 283,000 $ 109,000
Suffolk County Virginia 249 $ 64,605,000 $ 259,000 $ 84,000
Wake County North Carolina 204 $ 37,966,000 $ 186,000 $ 76,000
Hampton County Virginia 199 $ 36,899,000 $ 185,000 $ 61,000
York County Virginia 136 $ 38,015,000 $ 279,000 $ 91,000
Isle of Wight County Virginia 92 $ 26,237,000 $ 285,000 $ 93,000
Currituck County North Carolina 49 $ 13,110,000 $ 267,000 $ 122,000
Pasquotank County North Carolina 41 $ 6,760,000 $ 164,000 $ 46,000
Durham County North Carolina 40 $ 6,058,000 $ 151,000 $ 74,000
Gloucester County Virginia 38 $ 8,006,000 $ 210,000 $ 65,000
Dare County North Carolina 29 $ 8,448,000 $ 291,000 $ 165,000
Poquoson County Virginia 22 $ 6,598,000 $ 299,000 $ 103,000
Williamsburg County Virginia 21 $ 5,559,000 $ 264,000 $ 140,000
Johnston County North Carolina 19 $ 2,840,000 $ 149,000 $ 50,000
New Kent County Virginia 18 $ 4,787,000 $ 265,000 $ 102,000
Camden County North Carolina 15 $ 3,789,000 $ 252,000 $ 69,000
Orange County North Carolina 14 $ 2,238,000 $ 159,000 $ 103,000
Franklin County North Carolina 12 $ 2,153,000 $ 179,000 $ 86,000
Southampton County Virginia 12 $ 1,397,000 $ 116,000 $ 47,000
Fairfax County Virginia 10 $ 2,732,000 $ 273,000 $ 122,000
Richmond City County Virginia 9 $ 1,607,000 $ 178,000 $ 61,000
Perquimans County North Carolina 8 $ 1,511,000 $ 188,000 $ 55,000
Alamance County North Carolina 7 $ 653,000 $ 93,000 $ 39,000
Gates County North Carolina 7 $ 1,133,000 $ 161,000 $ 61,000
Franklin City County Virginia 7 $ 1,420,000 $ 202,000 $ 43,000
Northampton County Virginia 7 $ 2,629,000 $ 375,000 $ 156,000
Henrico County Virginia 6 $ 1,347,000 $ 224,000 $ 69,000
Surry County Virginia 6 $ 1,093,000 $ 182,000 $ 54,000
King William County Virginia 4 $ 858,000 $ 214,000 $ 23,000
Sussex County Virginia 4 $ 325,000 $ 81,000 $ 42,000
Chatham County North Carolina 3 $ 656,000 $ 218,000 $ 115,000
Chowan County North Carolina 3 $ 794,000 $ 264,000 $ 248,000
Harnett County North Carolina 3 $ 377,000 $ 125,000 $ 37,000
Person County North Carolina 3 $ 319,000 $ 106,000 $ 47,000
Accomack County Virginia 3 $ 273,000 $ 91,000 $ 50,000
Arlington County Virginia 3 $ 672,000 $ 224,000 $ 81,000
Chesterfield County Virginia 3 $ 804,000 $ 268,000 $ 41,000
Middlesex County Virginia 3 $ 599,000 $ 199,000 $ 99,000
Nelson County Virginia 3 $ 593,000 $ 197,000 $ 258,000
Prince William County Virginia 3 $ 1,316,000 $ 438,000 $ 68,000
St. Mary's County Maryland 2 $ 714,000 $ 357,000 $ 79,000
Granville County North Carolina 2 $ 264,000 $ 132,000 $ 67,000
Hertford County North Carolina 2 $ 312,000 $ 156,000 $ 11,000
Nash County North Carolina 2 $ 332,000 $ 166,000 $ 63,000
Alexandria County Virginia 2 $ 477,000 $ 238,000 $ 94,000
Charles City County Virginia 2 $ 405,000 $ 202,000 $ 33,000
Mathews County Virginia 2 $ 610,000 $ 305,000 $ 99,000
Mecklenburg County Virginia 2 $ 469,000 $ 234,000 $ 426,000
Yuma County Arizona 1 $ 148,000 $ 148,000 $ 62,000
Weld County Colorado 1 $ 191,000 $ 191,000 $ 0
New Haven County Connecticut 1 $ 417,000 $ 417,000 $ 203,000
Sussex County Delaware 1 $ 189,000 $ 189,000 $ 45,000
District of Columbia County District Of Columbia 1 $ 297,000 $ 297,000 $ 135,000
Polk County Florida 1 $ 183,000 $ 183,000 $ 208,000
Talbot County Maryland 1 $ 139,000 $ 139,000 $ 202,000
Worcester County Maryland 1 $ 195,000 $ 195,000 $ 47,000
Columbus County North Carolina 1 $ 144,000 $ 144,000 $ 39,000
Cumberland County North Carolina 1 $ 121,000 $ 121,000 $ 102,000
Forsyth County North Carolina 1 $ 417,000 $ 417,000 $ 128,000
Halifax County North Carolina 1 $ 245,000 $ 245,000 $ 0
Lee County North Carolina 1 $ 123,000 $ 123,000 $ 34,000
Martin County North Carolina 1 $ 221,000 $ 221,000 $ 47,000
Moore County North Carolina 1 $ 274,000 $ 274,000 $ 158,000
New Hanover County North Carolina 1 $ 155,000 $ 155,000 $ 0
Northampton County North Carolina 1 $ 413,000 $ 413,000 $ 225,000
Randolph County North Carolina 1 $ 76,000 $ 76,000 $ 25,000
Warren County North Carolina 1 $ 127,000 $ 127,000 $ 0
Franklin County Pennsylvania 1 $ 211,000 $ 211,000 $ 0
Washington County Tennessee 1 $ 70,000 $ 70,000 $ 45,000
Brunswick County Virginia 1 $ 143,000 $ 143,000 $ 81,000
Charlottesville County Virginia 1 $ 140,000 $ 140,000 $ 231,000
Clarke County Virginia 1 $ 132,000 $ 132,000 $ 70,000
Essex County Virginia 1 $ 280,000 $ 280,000 $ 83,000
Frederick County Virginia 1 $ 128,000 $ 128,000 $ 92,000
Hanover County Virginia 1 $ 277,000 $ 277,000 $ 70,000
King and Queen County Virginia 1 $ 86,000 $ 86,000 $ 48,000
Lexington County Virginia 1 $ 164,000 $ 164,000 $ 307,000
Loudoun County Virginia 1 $ 142,000 $ 142,000 $ 61,000
Louisa County Virginia 1 $ 96,000 $ 96,000 $ 40,000
Montgomery County Virginia 1 $ 245,000 $ 245,000 $ 70,000
Richmond County Virginia 1 $ 108,000 $ 108,000 $ 45,000
Roanoke County Virginia 1 $ 169,000 $ 169,000 $ 56,000
Roanoke City County Virginia 1 $ 148,000 $ 148,000 $ 70,000
Rockbridge County Virginia 1 $ 75,000 $ 75,000 $ 334,000
Rockingham County Virginia 1 $ 200,000 $ 200,000 $ 0
Stafford County Virginia 1 $ 255,000 $ 255,000 $ 71,000
Warren County Virginia 1 $ 67,000 $ 67,000 $ 12,000
Westmoreland County Virginia 1 $ 113,000 $ 113,000 $ 76,000

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 Towne Bank in 2009

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 2,597 $573,420,000 $220,000 $1,700,000 $82,000 $1,352,000
Refinancing 1,935 $490,502,000 $253,000 $1,875,000 $87,000 $9,338,000
Home Improvement 43 $3,366,000 $78,000 $500,000 $99,000 $680,000

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 3,429 $810,794,000 $236,000 $1,875,000 $88,000 $9,338,000
Black or African American 555 $112,510,000 $202,000 $1,700,000 $57,000 $707,000
Not Provided 295 $73,730,000 $249,000 $950,000 $105,000 $691,000
Hispanic 114 $25,710,000 $225,000 $750,000 $63,000 $645,000
Asian 79 $20,308,000 $257,000 $1,000,000 $121,000 $1,100,000
Not applicable 71 $16,555,000 $233,000 $1,750,000 $0 $0
Native Hawaiian or Other Pacific Islander 23 $6,149,000 $267,000 $459,000 $95,000 $379,000
American Indian or Alaskan Native 9 $1,532,000 $170,000 $417,000 $62,000 $101,000

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) 2,142 $504,214,000 $235,000 $1,875,000 $114,000 $9,338,000
FHA-insured (Federal Housing Administration) 1,247 $250,031,000 $200,000 $467,000 $60,000 $888,000
VA-guaranteed (Veterans Administration) 1,121 $302,673,000 $270,000 $937,000 $56,000 $325,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 65 $10,370,000 $159,000 $349,000 $47,000 $76,000

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 4,165 $964,200,000 $231,000 $1,875,000 $83,000 $9,338,000
Application Withdrawn By Applicant 209 $58,340,000 $279,000 $1,000,000 $104,000 $929,000
Application Approved But Not Accepted 112 $28,175,000 $251,000 $950,000 $99,000 $450,000
Application Denied By Financial Institution 85 $15,691,000 $184,000 $1,000,000 $72,000 $996,000
File Closed For Incompleteness 4 $882,000 $220,000 $384,000 $107,000 $159,000
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
Debt-To-Income Ratio 31 $5,111,000 $164,000 $417,000 $49,000 $171,000
Credit History 21 $3,468,000 $165,000 $382,000 $72,000 $247,000
Collateral 17 $3,486,000 $205,000 $593,000 $78,000 $186,000
Other 11 $1,903,000 $173,000 $556,000 $52,000 $109,000
Employment History 5 $1,723,000 $344,000 $1,000,000 $239,000 $996,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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