Towne Bank
Mortgage Loan Application
Totals and Details
for 2011
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 | 3,844 |
| Total Mortgage Loan Application Amount | $861,902,000 |
| Average Mortgage Loan Application Amount | $197,666 |
| Highest Mortgage Loan Application Amount | $4,300,000 |
| Average Applicant Income | $97,666 |
| Highest Applicant Income | $1,904,000 |
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 |
|---|---|---|---|---|
| Virginia Beach County Virginia | 931 | $ 246,537,000 | $ 264,000 | $ 112,000 |
| Chesapeake County Virginia | 470 | $ 106,924,000 | $ 227,000 | $ 87,000 |
| Norfolk County Virginia | 334 | $ 68,254,000 | $ 204,000 | $ 85,000 |
| Wake County North Carolina | 298 | $ 59,822,000 | $ 200,000 | $ 83,000 |
| Portsmouth County Virginia | 222 | $ 32,291,000 | $ 145,000 | $ 72,000 |
| Suffolk County Virginia | 199 | $ 51,304,000 | $ 257,000 | $ 98,000 |
| James City County Virginia | 171 | $ 46,224,000 | $ 270,000 | $ 126,000 |
| Newport News County Virginia | 168 | $ 27,960,000 | $ 166,000 | $ 68,000 |
| Hampton County Virginia | 130 | $ 21,293,000 | $ 163,000 | $ 64,000 |
| Currituck County North Carolina | 92 | $ 24,213,000 | $ 263,000 | $ 119,000 |
| York County Virginia | 88 | $ 23,041,000 | $ 261,000 | $ 94,000 |
| Isle of Wight County Virginia | 60 | $ 15,609,000 | $ 260,000 | $ 100,000 |
| Dare County North Carolina | 56 | $ 14,016,000 | $ 250,000 | $ 157,000 |
| Durham County North Carolina | 55 | $ 9,231,000 | $ 167,000 | $ 79,000 |
| Henrico County Virginia | 44 | $ 7,585,000 | $ 172,000 | $ 72,000 |
| Orange County North Carolina | 43 | $ 9,126,000 | $ 212,000 | $ 104,000 |
| Gloucester County Virginia | 40 | $ 8,125,000 | $ 203,000 | $ 80,000 |
| Pasquotank County North Carolina | 36 | $ 7,401,000 | $ 205,000 | $ 52,000 |
| Johnston County North Carolina | 35 | $ 6,043,000 | $ 172,000 | $ 73,000 |
| Chesterfield County Virginia | 35 | $ 7,035,000 | $ 201,000 | $ 83,000 |
| Camden County North Carolina | 21 | $ 4,412,000 | $ 210,000 | $ 89,000 |
| Franklin County North Carolina | 18 | $ 3,512,000 | $ 195,000 | $ 69,000 |
| Alamance County North Carolina | 17 | $ 2,181,000 | $ 128,000 | $ 82,000 |
| Rockingham County Virginia | 17 | $ 2,860,000 | $ 168,000 | $ 63,000 |
| Williamsburg County Virginia | 16 | $ 3,217,000 | $ 201,000 | $ 173,000 |
| Chatham County North Carolina | 15 | $ 3,936,000 | $ 262,000 | $ 140,000 |
| Hanover County Virginia | 15 | $ 2,686,000 | $ 179,000 | $ 80,000 |
| Poquoson County Virginia | 15 | $ 3,483,000 | $ 232,000 | $ 78,000 |
| Richmond City County Virginia | 15 | $ 1,797,000 | $ 119,000 | $ 42,000 |
| New Kent County Virginia | 12 | $ 4,798,000 | $ 399,000 | $ 105,000 |
| Granville County North Carolina | 11 | $ 2,461,000 | $ 223,000 | $ 81,000 |
| Harnett County North Carolina | 10 | $ 1,861,000 | $ 186,000 | $ 87,000 |
| Southampton County Virginia | 10 | $ 1,553,000 | $ 155,000 | $ 53,000 |
| Perquimans County North Carolina | 9 | $ 1,845,000 | $ 205,000 | $ 57,000 |
| Franklin City County Virginia | 7 | $ 1,070,000 | $ 152,000 | $ 66,000 |
| Gates County North Carolina | 6 | $ 1,213,000 | $ 202,000 | $ 70,000 |
| Harrisonburg County Virginia | 6 | $ 984,000 | $ 164,000 | $ 71,000 |
| Northampton County Virginia | 6 | $ 1,324,000 | $ 220,000 | $ 160,000 |
| Jasper County Missouri | 5 | $ 402,000 | $ 80,000 | $ 51,000 |
| Person County North Carolina | 5 | $ 656,000 | $ 131,000 | $ 47,000 |
| Fairfax County Virginia | 5 | $ 1,998,000 | $ 399,000 | $ 125,000 |
| King William County Virginia | 5 | $ 610,000 | $ 122,000 | $ 70,000 |
| Spotsylvania County Virginia | 5 | $ 664,000 | $ 132,000 | $ 71,000 |
| Caroline County Virginia | 4 | $ 464,000 | $ 116,000 | $ 80,000 |
| Dinwiddie County Virginia | 4 | $ 394,000 | $ 98,000 | $ 54,000 |
| Page County Virginia | 4 | $ 453,000 | $ 113,000 | $ 88,000 |
| Powhatan County Virginia | 4 | $ 657,000 | $ 164,000 | $ 63,000 |
| Alexandria County Virginia | 3 | $ 1,091,000 | $ 363,000 | $ 237,000 |
| Augusta County Virginia | 3 | $ 545,000 | $ 181,000 | $ 80,000 |
| Montgomery County Virginia | 3 | $ 4,567,000 | $ 1,522,000 | $ 145,000 |
| Prince William County Virginia | 3 | $ 1,384,000 | $ 461,000 | $ 125,000 |
| Palm Beach County Florida | 2 | $ 231,000 | $ 115,000 | $ 90,000 |
| Newton County Missouri | 2 | $ 206,000 | $ 103,000 | $ 58,000 |
| Carteret County North Carolina | 2 | $ 525,000 | $ 262,000 | $ 236,000 |
| Moore County North Carolina | 2 | $ 447,000 | $ 223,000 | $ 23,000 |
| Washington County North Carolina | 2 | $ 88,000 | $ 44,000 | $ 22,000 |
| Cumberland County Virginia | 2 | $ 253,000 | $ 126,000 | $ 41,000 |
| Frederick County Virginia | 2 | $ 346,000 | $ 173,000 | $ 51,000 |
| Fredericksburg County Virginia | 2 | $ 481,000 | $ 240,000 | $ 26,000 |
| Orange County Virginia | 2 | $ 305,000 | $ 152,000 | $ 35,000 |
| Stafford County Virginia | 2 | $ 345,000 | $ 172,000 | $ 88,000 |
| Surry County Virginia | 2 | $ 438,000 | $ 219,000 | $ 126,000 |
| Brevard County Florida | 1 | $ 102,000 | $ 102,000 | $ 0 |
| Barry County Missouri | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Lawrence County Missouri | 1 | $ 142,000 | $ 142,000 | $ 86,000 |
| Beaufort County North Carolina | 1 | $ 417,000 | $ 417,000 | $ 266,000 |
| Hertford County North Carolina | 1 | $ 97,000 | $ 97,000 | $ 51,000 |
| Hyde County North Carolina | 1 | $ 380,000 | $ 380,000 | $ 609,000 |
| Lee County North Carolina | 1 | $ 87,000 | $ 87,000 | $ 32,000 |
| Martin County North Carolina | 1 | $ 43,000 | $ 43,000 | $ 31,000 |
| Mecklenburg County North Carolina | 1 | $ 171,000 | $ 171,000 | $ 43,000 |
| New Hanover County North Carolina | 1 | $ 139,000 | $ 139,000 | $ 37,000 |
| Pender County North Carolina | 1 | $ 220,000 | $ 220,000 | $ 341,000 |
| Randolph County North Carolina | 1 | $ 102,000 | $ 102,000 | $ 50,000 |
| Stanly County North Carolina | 1 | $ 304,000 | $ 304,000 | $ 296,000 |
| Tyrrell County North Carolina | 1 | $ 106,000 | $ 106,000 | $ 577,000 |
| Vance County North Carolina | 1 | $ 140,000 | $ 140,000 | $ 25,000 |
| Wilson County North Carolina | 1 | $ 102,000 | $ 102,000 | $ 32,000 |
| York County South Carolina | 1 | $ 175,000 | $ 175,000 | $ 84,000 |
| Accomack County Virginia | 1 | $ 242,000 | $ 242,000 | $ 129,000 |
| Amherst County Virginia | 1 | $ 126,000 | $ 126,000 | $ 281,000 |
| Campbell County Virginia | 1 | $ 72,000 | $ 72,000 | $ 0 |
| Charles City County Virginia | 1 | $ 185,000 | $ 185,000 | $ 44,000 |
| Clarke County Virginia | 1 | $ 487,000 | $ 487,000 | $ 198,000 |
| Lancaster County Virginia | 1 | $ 288,000 | $ 288,000 | $ 519,000 |
| Loudoun County Virginia | 1 | $ 623,000 | $ 623,000 | $ 111,000 |
| Louisa County Virginia | 1 | $ 156,000 | $ 156,000 | $ 38,000 |
| Mathews County Virginia | 1 | $ 92,000 | $ 92,000 | $ 32,000 |
| Middlesex County Virginia | 1 | $ 109,000 | $ 109,000 | $ 49,000 |
| Nottoway County Virginia | 1 | $ 20,000 | $ 20,000 | $ 0 |
| Petersburg County Virginia | 1 | $ 266,000 | $ 266,000 | $ 99,000 |
| Prince George County Virginia | 1 | $ 218,000 | $ 218,000 | $ 69,000 |
| Roanoke County Virginia | 1 | $ 417,000 | $ 417,000 | $ 312,000 |
| Roanoke City County Virginia | 1 | $ 229,000 | $ 229,000 | $ 74,000 |
| Shenandoah County Virginia | 1 | $ 124,000 | $ 124,000 | $ 0 |
| Staunton County Virginia | 1 | $ 125,000 | $ 125,000 | $ 46,000 |
| Sussex County Virginia | 1 | $ 176,000 | $ 176,000 | $ 59,000 |
| Westmoreland County Virginia | 1 | $ 408,000 | $ 408,000 | $ 312,000 |
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 2011
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 | 2,789 | $593,562,000 | $212,000 | $1,780,000 | $87,000 | $1,904,000 |
| Refinancing | 967 | $258,148,000 | $266,000 | $4,300,000 | $115,000 | $1,354,000 |
| Home Improvement | 88 | $10,192,000 | $115,000 | $671,000 | $91,000 | $742,000 |
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 | 2,844 | $654,744,000 | $230,000 | $3,700,000 | $102,000 | $1,904,000 |
| Black or African American | 440 | $78,194,000 | $177,000 | $827,000 | $66,000 | $685,000 |
| Not Provided | 274 | $63,389,000 | $231,000 | $713,000 | $99,000 | $544,000 |
| Hispanic | 96 | $18,612,000 | $193,000 | $371,000 | $63,000 | $260,000 |
| Not applicable | 79 | $20,742,000 | $262,000 | $4,300,000 | $0 | $0 |
| Asian | 78 | $18,770,000 | $240,000 | $1,718,000 | $104,000 | $701,000 |
| Native Hawaiian or Other Pacific Islander | 20 | $4,193,000 | $209,000 | $680,000 | $80,000 | $241,000 |
| American Indian or Alaskan Native | 13 | $3,258,000 | $250,000 | $682,000 | $77,000 | $325,000 |
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) | 1,918 | $433,697,000 | $226,000 | $4,300,000 | $121,000 | $1,904,000 |
| VA-guaranteed (Veterans Administration) | 946 | $246,158,000 | $260,000 | $1,013,000 | $73,000 | $582,000 |
| FHA-insured (Federal Housing Administration) | 872 | $165,064,000 | $189,000 | $536,000 | $63,000 | $400,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 108 | $16,983,000 | $157,000 | $344,000 | $47,000 | $98,000 |
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 | 3,393 | $761,515,000 | $224,000 | $4,300,000 | $95,000 | $1,904,000 |
| Application Denied By Financial Institution | 228 | $48,725,000 | $213,000 | $1,113,000 | $83,000 | $538,000 |
| Application Withdrawn By Applicant | 192 | $46,073,000 | $239,000 | $1,013,000 | $101,000 | $660,000 |
| Application Approved But Not Accepted | 24 | $4,035,000 | $168,000 | $340,000 | $68,000 | $106,000 |
| File Closed For Incompleteness | 5 | $1,319,000 | $263,000 | $350,000 | $104,000 | $235,000 |
| Loan Purchased By The Institution | 2 | $235,000 | $117,000 | $200,000 | $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 |
|---|---|---|---|---|---|---|
| Collateral | 80 | $19,283,000 | $241,000 | $1,100,000 | $106,000 | $538,000 |
| Debt-To-Income Ratio | 56 | $10,671,000 | $190,000 | $577,000 | $48,000 | $98,000 |
| Credit History | 35 | $6,111,000 | $174,000 | $750,000 | $65,000 | $180,000 |
| Other | 27 | $6,716,000 | $248,000 | $1,113,000 | $87,000 | $237,000 |
| Credit Application Incomplete | 14 | $3,440,000 | $245,000 | $578,000 | $134,000 | $413,000 |
| Employment History | 9 | $1,158,000 | $128,000 | $252,000 | $75,000 | $238,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,040,000 | $173,000 | $393,000 | $73,000 | $144,000 |
| Mortgage Insurance Denied | 1 | $306,000 | $306,000 | $306,000 | $104,000 | $104,000 |
| 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.