Vellum Mortgage, Inc.
Mortgage Loan Application
Totals and Details
for 2022
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 Vellum Mortgage, Inc..
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 | Vellum Mortgage, Inc. 12700 Fair Lakes Cir Suite 400 Fairfax, VA 22030 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 |
| Total Number of Mortgage Applications | 1,497 |
| Total Mortgage Loan Application Amount | $696,995,000 |
| Average Mortgage Loan Application Amount | $398,750 |
| Highest Mortgage Loan Application Amount | $2,285,000 |
| Average Applicant Income | $145,500 |
| Highest Applicant Income | $2,342,000 |
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 |
|---|---|---|---|---|
| District of Columbia County District Of Columbia | 217 | $ 131,985,000 | $ 608,000 | $ 214,000 |
| Fairfax County Virginia | 147 | $ 78,935,000 | $ 536,000 | $ 179,000 |
| Prince George's County Maryland | 132 | $ 46,340,000 | $ 351,000 | $ 109,000 |
| Prince William County Virginia | 125 | $ 53,865,000 | $ 430,000 | $ 126,000 |
| Montgomery County Maryland | 80 | $ 48,240,000 | $ 603,000 | $ 202,000 |
| St. Mary's County Maryland | 73 | $ 23,065,000 | $ 315,000 | $ 118,000 |
| Stafford County Virginia | 72 | $ 31,990,000 | $ 444,000 | $ 105,000 |
| Calvert County Maryland | 70 | $ 28,250,000 | $ 403,000 | $ 146,000 |
| Loudoun County Virginia | 70 | $ 41,310,000 | $ 590,000 | $ 204,000 |
| Anne Arundel County Maryland | 67 | $ 27,525,000 | $ 410,000 | $ 143,000 |
| Arlington County Virginia | 40 | $ 26,550,000 | $ 663,000 | $ 204,000 |
| Charles County Maryland | 38 | $ 15,880,000 | $ 417,000 | $ 117,000 |
| Spotsylvania County Virginia | 34 | $ 13,620,000 | $ 400,000 | $ 108,000 |
| Alexandria County Virginia | 33 | $ 14,485,000 | $ 438,000 | $ 165,000 |
| Manassas County Virginia | 15 | $ 5,915,000 | $ 394,000 | $ 135,000 |
| Fauquier County Virginia | 14 | $ 6,890,000 | $ 492,000 | $ 132,000 |
| Howard County Maryland | 13 | $ 5,505,000 | $ 423,000 | $ 133,000 |
| Frederick County Virginia | 13 | $ 5,035,000 | $ 387,000 | $ 146,000 |
| Baltimore County Maryland | 12 | $ 3,410,000 | $ 284,000 | $ 117,000 |
| Baltimore City County Maryland | 12 | $ 3,880,000 | $ 323,000 | $ 142,000 |
| Frederick County Maryland | 10 | $ 3,970,000 | $ 397,000 | $ 118,000 |
| Alameda County California | 9 | $ 7,925,000 | $ 880,000 | $ 309,000 |
| Washington County Maryland | 9 | $ 1,895,000 | $ 210,000 | $ 118,000 |
| Henrico County Virginia | 8 | $ 1,940,000 | $ 242,000 | $ 222,000 |
| Richmond City County Virginia | 8 | $ 2,020,000 | $ 252,000 | $ 143,000 |
| Queen Anne's County Maryland | 7 | $ 3,435,000 | $ 490,000 | $ 195,000 |
| Caroline County Virginia | 7 | $ 1,685,000 | $ 240,000 | $ 106,000 |
| Culpeper County Virginia | 7 | $ 2,195,000 | $ 313,000 | $ 89,000 |
| Orange County Virginia | 7 | $ 1,905,000 | $ 272,000 | $ 131,000 |
| Shenandoah County Virginia | 7 | $ 1,675,000 | $ 239,000 | $ 92,000 |
| Duval County Florida | 6 | $ 2,220,000 | $ 370,000 | $ 158,000 |
| Fairfax City County Virginia | 6 | $ 3,770,000 | $ 628,000 | $ 167,000 |
| Manassas Park County Virginia | 6 | $ 2,590,000 | $ 431,000 | $ 128,000 |
| Worcester County Maryland | 5 | $ 1,745,000 | $ 349,000 | $ 193,000 |
| Wake County North Carolina | 5 | $ 2,415,000 | $ 483,000 | $ 219,000 |
| Charleston County South Carolina | 5 | $ 2,025,000 | $ 405,000 | $ 179,000 |
| Contra Costa County California | 4 | $ 2,180,000 | $ 545,000 | $ 196,000 |
| Lee County Florida | 4 | $ 1,410,000 | $ 352,000 | $ 206,000 |
| King George County Virginia | 4 | $ 1,310,000 | $ 327,000 | $ 187,000 |
| Warren County Virginia | 4 | $ 1,310,000 | $ 327,000 | $ 111,000 |
| Jefferson County West Virginia | 4 | $ 1,250,000 | $ 312,000 | $ 91,000 |
| Sacramento County California | 3 | $ 1,025,000 | $ 341,000 | $ 159,000 |
| Carroll County Maryland | 3 | $ 1,505,000 | $ 501,000 | $ 115,000 |
| Chesterfield County Virginia | 3 | $ 1,005,000 | $ 335,000 | $ 105,000 |
| Madison County Virginia | 3 | $ 945,000 | $ 315,000 | $ 105,000 |
| Marin County California | 2 | $ 1,230,000 | $ 615,000 | $ 231,000 |
| Sarasota County Florida | 2 | $ 990,000 | $ 495,000 | $ 268,000 |
| St. Johns County Florida | 2 | $ 750,000 | $ 375,000 | $ 416,000 |
| Caroline County Maryland | 2 | $ 390,000 | $ 195,000 | $ 61,000 |
| Harford County Maryland | 2 | $ 630,000 | $ 315,000 | $ 89,000 |
| Talbot County Maryland | 2 | $ 840,000 | $ 420,000 | $ 167,000 |
| Horry County South Carolina | 2 | $ 920,000 | $ 460,000 | $ 189,000 |
| Chesapeake County Virginia | 2 | $ 770,000 | $ 385,000 | $ 170,000 |
| Fredericksburg County Virginia | 2 | $ 650,000 | $ 325,000 | $ 85,000 |
| Newport News County Virginia | 2 | $ 490,000 | $ 245,000 | $ 166,000 |
| Virginia Beach County Virginia | 2 | $ 1,020,000 | $ 510,000 | $ 197,000 |
| Berkeley County West Virginia | 2 | $ 720,000 | $ 360,000 | $ 97,000 |
| San Francisco County California | 1 | $ 875,000 | $ 875,000 | $ 302,000 |
| Santa Clara County California | 1 | $ 725,000 | $ 725,000 | $ 412,000 |
| Solano County California | 1 | $ 275,000 | $ 275,000 | $ 64,000 |
| Stanislaus County California | 1 | $ 365,000 | $ 365,000 | $ 109,000 |
| Bay County Florida | 1 | $ 265,000 | $ 265,000 | $ 63,000 |
| Broward County Florida | 1 | $ 415,000 | $ 415,000 | $ 147,000 |
| Charlotte County Florida | 1 | $ 655,000 | $ 655,000 | $ 229,000 |
| Collier County Florida | 1 | $ 695,000 | $ 695,000 | $ 493,000 |
| Hillsborough County Florida | 1 | $ 365,000 | $ 365,000 | $ 96,000 |
| Indian River County Florida | 1 | $ 385,000 | $ 385,000 | $ 111,000 |
| Manatee County Florida | 1 | $ 575,000 | $ 575,000 | $ 215,000 |
| Miami-Dade County Florida | 1 | $ 245,000 | $ 245,000 | $ 62,000 |
| Pasco County Florida | 1 | $ 195,000 | $ 195,000 | $ 155,000 |
| Polk County Florida | 1 | $ 285,000 | $ 285,000 | $ 92,000 |
| Volusia County Florida | 1 | $ 135,000 | $ 135,000 | $ 343,000 |
| Chatham County Georgia | 1 | $ 325,000 | $ 325,000 | $ 62,000 |
| Cobb County Georgia | 1 | $ 235,000 | $ 235,000 | $ 339,000 |
| DeKalb County Georgia | 1 | $ 625,000 | $ 625,000 | $ 243,000 |
| Fulton County Georgia | 1 | $ 985,000 | $ 985,000 | $ 469,000 |
| Cecil County Maryland | 1 | $ 385,000 | $ 385,000 | $ 125,000 |
| Dorchester County Maryland | 1 | $ 285,000 | $ 285,000 | $ 127,000 |
| Wicomico County Maryland | 1 | $ 285,000 | $ 285,000 | $ 60,000 |
| Mecklenburg County North Carolina | 1 | $ 345,000 | $ 345,000 | $ 204,000 |
| Adams County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 83,000 |
| Bucks County Pennsylvania | 1 | $ 365,000 | $ 365,000 | $ 91,000 |
| Montgomery County Pennsylvania | 1 | $ 645,000 | $ 645,000 | $ 251,000 |
| Berkeley County South Carolina | 1 | $ 295,000 | $ 295,000 | $ 66,000 |
| Colleton County South Carolina | 1 | $ 155,000 | $ 155,000 | $ 43,000 |
| Florence County South Carolina | 1 | $ 275,000 | $ 275,000 | $ 57,000 |
| Lexington County South Carolina | 1 | $ 645,000 | $ 645,000 | $ 246,000 |
| Montgomery County Texas | 1 | $ 425,000 | $ 425,000 | $ 265,000 |
| Williamson County Texas | 1 | $ 305,000 | $ 305,000 | $ 131,000 |
| Albemarle County Virginia | 1 | $ 305,000 | $ 305,000 | $ 83,000 |
| Bath County Virginia | 1 | $ 105,000 | $ 105,000 | $ 103,000 |
| Bedford County Virginia | 1 | $ 725,000 | $ 725,000 | $ 137,000 |
| Charlotte County Virginia | 1 | $ 235,000 | $ 235,000 | $ 65,000 |
| Falls Church County Virginia | 1 | $ 795,000 | $ 795,000 | $ 326,000 |
| Fluvanna County Virginia | 1 | $ 405,000 | $ 405,000 | $ 96,000 |
| Franklin County Virginia | 1 | $ 645,000 | $ 645,000 | $ 196,000 |
| Hampton County Virginia | 1 | $ 215,000 | $ 215,000 | $ 43,000 |
| Harrisonburg County Virginia | 1 | $ 145,000 | $ 145,000 | $ 134,000 |
| Hopewell County Virginia | 1 | $ 125,000 | $ 125,000 | $ 159,000 |
| Page County Virginia | 1 | $ 245,000 | $ 245,000 | $ 59,000 |
| Poquoson County Virginia | 1 | $ 225,000 | $ 225,000 | $ 79,000 |
| Rappahannock County Virginia | 1 | $ 365,000 | $ 365,000 | $ 86,000 |
| Rockingham County Virginia | 1 | $ 405,000 | $ 405,000 | $ 135,000 |
| Russell County Virginia | 1 | $ 65,000 | $ 65,000 | $ 28,000 |
| Suffolk County Virginia | 1 | $ 215,000 | $ 215,000 | $ 77,000 |
| Waynesboro County Virginia | 1 | $ 215,000 | $ 215,000 | $ 87,000 |
| Winchester County Virginia | 1 | $ 235,000 | $ 235,000 | $ 44,000 |
| York County Virginia | 1 | $ 255,000 | $ 255,000 | $ 135,000 |
| Greenbrier County West Virginia | 1 | $ 325,000 | $ 325,000 | $ 618,000 |
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 Vellum Mortgage, Inc. in 2022
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 | 1,330 | $632,760,000 | $475,000 | $2,285,000 | $159,000 | $2,342,000 |
| Cash-out Refinancing | 75 | $29,735,000 | $396,000 | $1,425,000 | $174,000 | $1,008,000 |
| Refinancing | 72 | $27,720,000 | $385,000 | $1,105,000 | $139,000 | $437,000 |
| Home Improvement | 20 | $6,780,000 | $339,000 | $705,000 | $110,000 | $358,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 577 | $280,855,000 | $486,000 | $1,855,000 | $180,000 | $2,342,000 |
| Not Provided | 356 | $183,630,000 | $515,000 | $2,045,000 | $178,000 | $1,026,000 |
| Hispanic | 296 | $109,450,000 | $369,000 | $2,285,000 | $101,000 | $439,000 |
| Black or African American | 174 | $73,970,000 | $425,000 | $1,535,000 | $132,000 | $538,000 |
| Asian | 71 | $33,715,000 | $474,000 | $1,365,000 | $172,000 | $540,000 |
| American Indian or Alaskan Native | 2 | $2,980,000 | $1,490,000 | $2,185,000 | $445,000 | $646,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $930,000 | $465,000 | $525,000 | $95,000 | $126,000 |
| Not applicable | 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) | 1,091 | $514,965,000 | $472,000 | $2,285,000 | $172,000 | $2,342,000 |
| FHA-insured (Federal Housing Administration) | 207 | $77,285,000 | $373,000 | $985,000 | $99,000 | $294,000 |
| VA-guaranteed (Veterans Administration) | 179 | $99,015,000 | $553,000 | $1,745,000 | $152,000 | $493,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 20 | $5,730,000 | $286,000 | $425,000 | $81,000 | $121,000 |
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 | 1,221 | $570,635,000 | $467,000 | $2,285,000 | $159,000 | $2,342,000 |
| Application Withdrawn By Applicant | 226 | $108,680,000 | $480,000 | $1,925,000 | $162,000 | $1,026,000 |
| Application Denied By Financial Institution | 41 | $14,195,000 | $346,000 | $975,000 | $111,000 | $515,000 |
| Application Approved But Not Accepted | 9 | $3,485,000 | $387,000 | $605,000 | $173,000 | $343,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,456 | $682,800,000 | $468,000 | $2,285,000 | $159,000 | $2,342,000 |
| Collateral | 10 | $3,080,000 | $308,000 | $655,000 | $104,000 | $226,000 |
| Credit History | 8 | $2,570,000 | $321,000 | $585,000 | $123,000 | $265,000 |
| Debt-To-Income Ratio | 8 | $3,000,000 | $375,000 | $635,000 | $91,000 | $157,000 |
| Other | 5 | $1,395,000 | $279,000 | $375,000 | $65,000 | $89,000 |
| Unverifiable Information | 4 | $2,070,000 | $517,000 | $975,000 | $135,000 | $175,000 |
| Employment History | 3 | $1,265,000 | $421,000 | $715,000 | $94,000 | $157,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $815,000 | $271,000 | $355,000 | $217,000 | $515,000 |
| Mortgage Insurance Denied | 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.