Madison County VA
Mortgage Loan Application
Totals and Details
for 2008
Find mortgage statistics and lending data for the Madison County VA metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Madison County VA, this may help give you an idea of what you might find when you begin your mortgage research.
Use the mortgage lender list and statistics below to gain valuable insights.
| 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 | 896 |
| Total Mortgage Loan Application Amount | $172,740,000 |
| Average Mortgage Loan Application Amount | $192,000 |
| Highest Mortgage Loan Application Amount | $9,000,000 |
| Average Applicant Income | $69,000 |
| Highest Applicant Income | $1,266,000 |
* Phone Numbers for Mortgage Lenders are available with a Data Download Report
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| COUNTRYWIDE BANK FSB 30930 RUSSELL RANCH ROAD MS CA6-916-02-0 WESTLAKE VILLAGE, CA 91362 |
* | $ 121,054,736,000 | 105 | $ 19,434,000 |
| BENEFICIAL COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 4,017,643,000 | 75 | $ 14,254,000 |
| STELLARONE BANK 1051 EAST CARY STREET, SUITE 1200 RICHMOND, VA 23219 |
* | $ 1,495,940,000 | 56 | $ 3,684,000 |
| WELLS FARGO BANK, NA 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 653,269,000,000 | 46 | $ 5,558,000 |
| JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,318,888,000,000 | 43 | $ 7,567,000 |
| SUNTRUST MORTGAGE, INC 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 175,107,526,000 | 42 | $ 8,111,000 |
| WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 467,861,000,000 | 33 | $ 7,211,000 |
| BRANCH BANKING AND TRUST CO 223 W NASH STREET WILSON, NC 27893 |
* | $ 127,698,351,000 | 22 | $ 3,082,000 |
| GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 22 | $ 4,527,000 |
| BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,312,794,218,000 | 20 | $ 5,046,000 |
| CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 20 | $ 4,440,000 |
| FARM CREDIT OF THE VIRGINIAS, ACA 106 SANGERS LANE STAUNTON, VA 24401 |
* | $ 1,007,892,000,000 | 19 | $ 12,805,000 |
| HFC COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 15,000,000 | 18 | $ 3,078,000 |
| AMERICAN GENERAL FIN.SERV.(DE) 601 N.W. SECOND STREET, P.O. BOX 59 EVANSVILLE, IN 47701 |
* | $ 10,000,000 | 17 | $ 1,808,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 17 | $ 3,349,000 |
| CITIFINANCIAL, INC. 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 15 | $ 1,640,000 |
| WACHOVIA MORTGAGE FSB TONYA YOUNG 100 N MAIN ST MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 56,294,475,000 | 15 | $ 3,002,000 |
| FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 15,757,171,000 | 14 | $ 2,876,000 |
| NATIONAL CITY BANK 1900 E NINTH ST LOC 01-3144 CLEVELAND, OH 44114 |
* | $ 138,755,343,000 | 13 | $ 2,305,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 13 | $ 2,405,000 |
| MASON DIXON FUNDING INC 800 KING FARM BLVD, STE 210A ROCKVILLE, MD 20850 |
* | $ 10,000,000 | 12 | $ 2,581,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 11 | $ 2,601,000 |
| US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 232,759,503,000 | 9 | $ 1,653,000 |
| ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 28,404,352,000 | 8 | $ 1,680,000 |
| FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 8 | $ 1,652,000 |
| AMERITRUST MORTGAGE INC. 11016 RUSHMORE DRIVE, SUITE 200 CHARLOTTE, NC 28277 |
* | $ 10,000,000 | 7 | $ 1,667,000 |
| NFCU 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 33,011,920,000 | 7 | $ 2,112,000 |
| WELLS FARGO FIN'L SYS VIRGINIA 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 36,752,895,000 | 7 | $ 1,678,000 |
| CAPITAL ONE HOME LOANS, LLC 12800 FOSTER STREET OVERLAND PARK, KS 66213 |
* | $ 88,701,411,000 | 7 | $ 1,248,000 |
| WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 6 | $ 1,072,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 30,219,506,000 | 6 | $ 1,365,000 |
| GMS FUNDING, LLC 824 MEETING STREET WEST COLUMBIA, SC 29169 |
* | $ 417,745,000 | 6 | $ 1,439,000 |
| PENTAGON FEDERAL CREDIT UNION 14300 SULLYFIELD CIRCLE CHANTILLY, VA 20151 |
* | $ 11,238,962,000 | 5 | $ 850,000 |
| LENDMARK MORTGAGE AND FINANCE 223 W NASH STREET WILSON, NC 27893 |
* | $ 344,674,148,000 | 5 | $ 325,000 |
| AMTRUST BANK 1801 E. 9TH ST #200 CLEVELAND, OH 44114 |
* | $ 16,938,391,000 | 5 | $ 906,000 |
| C & F MORTGAGE CORPORATION 1400 ALVERSER DRIVE MIDLOTHIAN, VA 23113 |
* | $ 189,567,000 | 4 | $ 771,000 |
| SOUTHERN TRUST MORTGAGE LLC 4433 CORPORATION LANE, SUITE 300 VIRGINIA BEACH, VA 23462 |
* | $ 11,000,000 | 4 | $ 772,000 |
| GUARANTY BANK 8333 DOUGLAS AVENUE DALLAS, TX 75225 |
* | $ 16,674,004,000 | 4 | $ 898,000 |
| RBS CITIZENS, N.A. ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 128,863,082,000 | 4 | $ 287,000 |
| US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 5,028,246,000 | 4 | $ 1,034,000 |
| UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. 3300 BERKMAR DRIVE CHARLOTTESVILLE, VA 22901 |
* | $ 358,962,000 | 4 | $ 249,000 |
| HOME LOAN INVESTMENT BANK ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 266,672,000 | 4 | $ 776,000 |
| LIBERTY MORTGAGE CORPORATION 223 W NASH STREET WILSON, NC 27893 |
* | $ 2,406,088,000 | 4 | $ 1,156,000 |
| TAYLOR, BEAN & WHITAKER 315 NE 14TH STREET OCALA, FL 34470 |
* | $ 10,000,000 | 4 | $ 716,000 |
| PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ 10,000,000 | 3 | $ 619,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ 11,000,000 | 3 | $ 558,000 |
| FIRST SAVINGS MORTGAGE CORPORATION 8444 WEST PARK DRIVE, THE 4TH FLOOR MCLEAN, VA 22102 |
* | $ 10,000,000 | 3 | $ 756,000 |
| CARDINAL FINANCIAL COMPANY 444 JACKSONVILLE ROAD WARMINSTER, PA 18974 |
* | $ 10,000,000 | 3 | $ 499,000 |
| FIRST TENNESSEE BANK NA 165 MADISON 5TH FLOOR MEMPHIS, TN 38103 |
* | $ 36,725,591,000 | 3 | $ 625,000 |
| SANDY SPRING BANK 6831 BENJAMIN FRANKIN DRIVE COLUMBIA, MD 21046 |
* | $ 3,035,925,000 | 3 | $ 992,000 |
| AMERICANMTGNETWORK DBA VERTICE TONYA YOUNG 100 N MAIN ST MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 473,000,000,000 | 3 | $ 554,000 |
| BENEFICIAL FINANCIAL I, INC. 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 11,000,000 | 2 | $ 628,000 |
| ELOAN 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 48,624,000,000 | 2 | $ 245,000 |
| EQUIFIRST CORPORATION 13000 S TRYON ST, STE F, PMB 317 CHARLOTTE, NC 28278 |
* | $ 343,735,670,000 | 2 | $ 418,000 |
| CITICORP TRUST BANK, FSB 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 18,878,056,000 | 2 | $ 394,000 |
| UNITED BANK 11185 FAIRFAX BLVD FAIRFAX, VA 22030 |
* | $ 4,079,556,000 | 2 | $ 689,000 |
| COUNTRYWIDE HOME LOANS 30930 RUSSELL RANCH ROAD MS WLRR-148 WESTLAKE VILLAGE, CA 91362 |
* | $ 199,946,230,000 | 2 | $ 255,000 |
| EQUITY ONE 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 21,874,000,000 | 2 | $ 381,000 |
| WACHOVIA MORTGAGE CORP 301 S COLLEGE ST CHARLOTTE, NC 28202 |
* | $ 2,687,938,000 | 2 | $ 491,000 |
| RAPPAHANNOCK NATIONAL BANK P O BOX 940 RUTHER GLEN, VA 22546 |
* | $ 138,110,000 | 2 | $ 615,000 |
| ACCREDITED HOME LENDERS, INC 15253 AVENUE OF SCIENCE BLDG 1 SAN DIEGO, CA 92128 |
* | $ 10,000,000 | 2 | $ 545,000 |
| PREMIUM CAPITAL FUNDING LLC 125 JERICHO TPKE JERICHO, NY 11753 |
* | $ 10,000,000 | 2 | $ 386,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 2 | $ 619,000 |
| HOME LOAN CENTER 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 2 | $ 517,000 |
| ASSURITY FINANCIAL SERVICES 6025 SOUTH QUEBEC STREET, #260 ENGLEWOOD, CO 80111 |
* | $ 10,000,000 | 2 | $ 310,000 |
| HOMECOMINGS FINANCIAL LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 2 | $ 380,000 |
| GATEWAY FUNDING DMS, LP 300 WELSH ROAD, BUILDING 5 HORSHAM, PA 19044 |
* | $ 10,000,000 | 2 | $ 310,000 |
| FREEDOM MORTGAGE CORP. 10500 KINCAID DR. STE. 300 FISHERS, IN 46037 |
* | $ 10,000,000 | 2 | $ 296,000 |
| SAXON MORTGAGE 4840 COX ROAD GLEN ALLEN, VA 23060 |
* | $ 10,000,000 | 2 | $ 319,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 1 | $ 208,000 |
| IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 1 | $ 174,000 |
| US MORTGAGE CORPORATION 19D CHAPIN ROAD PINE BROOK, NJ 07058 |
* | $ 10,000,000 | 1 | $ 226,000 |
| FIRST OHIO BANC & LENDING INC 6100 ROCKSIDE WOODS BLVD INDEPENDENCE, OH 44131 |
* | $ 10,000,000 | 1 | $ 255,000 |
| SYNERGY ONE FINANCIAL SERVICES 9393 FORESTWOOD LANE MANASSAS, VA 20110 |
* | $ 154,264,000 | 1 | $ 77,000 |
| WILMINGTON FINANCE, INC. 620 W GERMANTOWN RD PLYMOUTH MEETING, PA 19462 |
* | $ 10,000,000 | 1 | $ 145,000 |
| JAMS-01, INC. JAMS-01, INC. 3701 PENDER DRIVE #150 FAIRFAX, VA 22030 |
* | $ 10,000,000 | 1 | $ 164,000 |
| SIGNATURE FEDERAL CREDIT UNION 12 HERBERT ST. ALEXANDRIA, VA 22313 |
* | $ 197,273,000 | 1 | $ 290,000 |
| DUPONT COMMUNITY 140 LUCY LANE WAYNESBORO, VA 22980 |
* | $ 591,946,000 | 1 | $ 19,000 |
| THE MORTGAGE OUTLET, INC. 1800 SANDY PLAINS PKWY. SUITE 304 MARIETTA, GA 30066 |
* | $ 10,000,000 | 1 | $ 101,000 |
| PROSPECT MORTGAGE, LLC 15301 VENTURA BLVD. SUITE D300 SHERMAN OAKS, CA 91403 |
* | $ 10,000,000 | 1 | $ 245,000 |
| SIDUS FINANCIAL, LLC 1905 TURNBURY DRIVE GREENVILLE, NC 27858 |
* | $ 10,000,000 | 1 | $ 152,000 |
| PLAZA HOME MORTGAGE, INC 5090 SHOREHAM PLACE, SUITE #206 SAN DIEGO, CA 92122 |
* | $ 10,000,000 | 1 | $ 218,000 |
| NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ 10,000,000 | 1 | $ 112,000 |
| LENDING.COM 12700 PARK CENTRAL 21ST FLOOR DALLAS, TX 75251 |
* | $ 9,585,000 | 1 | $ 229,000 |
| MPOINT MORTGAGE SERVICES 1655 CROFTON BLVD, STE 301 CROFTON, MD 21114 |
* | $ 10,000,000 | 1 | $ 417,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 1 | $ 80,000 |
| MEFC 25 FIRST STREET, SE, #1 LEESBURG, VA 20175 |
* | $ 10,000,000 | 1 | $ 446,000 |
| CAPITAL CENTER, L.L.C. 4510 COX ROAD STE 402 GLEN ALLEN, VA 23060 |
* | $ 10,000,000 | 1 | $ 288,000 |
| MYERS PARK MORTGAGE 141 PROVIDENCE RD CHARLOTTE, NC 28207 |
* | $ 10,000,000 | 1 | $ 140,000 |
| CGB AGRI FINANCIAL SERVICES 2209 RIVER ROAD LOUISVILLE, KY 40206 |
* | $ 433,538,000 | 1 | $ 150,000 |
| NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 1 | $ 345,000 |
| CITIBANK, N.A. 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,251,715,000,000 | 1 | $ 65,000 |
| VIRGINIA NATIONAL BANK PO BOX 2853 CHARLOTTESVILLE, VA 22902 |
* | $ 348,598,000 | 1 | $ 215,000 |
| EQUITY BANK 7701 E KELLOGG STE 200 WICHITA, KS 67207 |
* | $ 286,986,000 | 1 | $ 236,000 |
| STERLING NATIONAL MORTGAGE CO. 98 CUTTERMILL RD GREAT NECK, NY 11021 |
* | $ 964,388,000 | 1 | $ 248,000 |
| HSBC MORTGAGE CORP 2929 WALDEN AVE DEPEW, NY 14043 |
* | $ 92,958,000 | 1 | $ 257,000 |
| DOMINION TRUST MORTGAGE, LLC 3232 NEWMARK DR. MIAMISBURG, OH 45342 |
* | $ 14,052,000,000 | 1 | $ 106,000 |
| WINTRUST MORTGAGE CORPORATION 660 MIDWEST RD SUITE 100 OAK BROOK TERRACE, IL 60181 |
* | $ 300,000,000 | 1 | $ 171,000 |
| PIONEER BANK P O BOX 10 252 EAST MAIN ST STANLEY, VA 22851 |
* | $ 147,931,000 | 1 | $ 40,000 |
| VIRGINIA COMMUNITY BANK PO BOX 888 LOUISA, VA 23093 |
* | $ 159,128,000 | 1 | $ 431,000 |
| REGIONS BANK 1900 5TH AVENUE N - ALBH10903B BIRMINGHAM, AL 35203 |
* | $ 137,049,763,000 | 1 | $ 306,000 |
| SKYLINE HOME MORTGAGE, LLC 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 25,000,000 | 1 | $ 190,000 |
| PNC REVERSE MORTGAGE, LLC 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,000,000 | 1 | $ 141,000 |
| M&T BANK 1 M&T PLAZA -15TH FLOOR BUFFALO, NY 14203 |
* | $ 64,072,546,000 | 1 | $ 102,000 |
| SUNTRUST BANKS, INC. P.O. BOX 4418, MAIL CODE 663 ATLANTA, GA 30302 |
* | $ 175,107,526,000 | 1 | $ 112,000 |
| THE FAUQUIER BANK 10 COURTHOUSE SQUARE WARRENTON, VA 20186 |
* | $ 489,324,000 | 1 | $ 20,000 |
| STATE FARM BANK 1 STATE FARM PLAZA BLOOMINGTON, IL 61710 |
* | $ 15,898,003,000 | 1 | $ 250,000 |
| GE MONEY BANK 4246 SOUTH RIVERBOAT RDCSUITE 200 SALT LAKE CITY, UT 84123 |
* | $ 14,839,190,000 | 1 | $ 15,000 |
| AMERICAN STERLING BANK 535 S STERLING SUGAR CREEK, MO 64054 |
* | $ 272,321,000 | 1 | $ 230,000 |
| ING BANK, FSB 1 SOUTH ORANGE STREET WILMINGTON, DE 19801 |
* | $ 79,977,597,000 | 1 | $ 636,000 |
| COLORADO FEDERAL SAVINGS BANK 8400 EAST PRENTICE AVE, SUITE 545 GREENWOOD VILLAGE, CO 80111 |
* | $ 45,485,000 | 1 | $ 244,000 |
| AMERICAN BANK 9001 EDMONSTON ROAD, SUITE 100 GREENBELT, MD 20770 |
* | $ 543,934,000 | 1 | $ 102,000 |
| LAFAYETTE FEDERAL CREDIT UNION 2701 TOWER OAKS BLVD., ROCKVILLE, MD 20852 |
* | $ 281,536,000 | 1 | $ 265,000 |
| NATIONAL INSTITUTES OF HEALTH FEDERAL CREDIT UNION 111 ROCKVILLE PIKE, SUITE 500 ROCKVILLE, MD 20850 |
* | $ 360,145,000 | 1 | $ 80,000 |
| COMMONWEALTH ONE FEDERAL CREDIT UNION 4875 EISENHOWER AVE ALEXANDRIA, VA 22314 |
* | $ 229,645,000 | 1 | $ 60,000 |
| NORTHWEST FEDERAL CREDIT UNION 220 SPRING STREET HERNDON, VA 20170 |
* | $ 1,502,884,000 | 1 | $ 397,000 |
| MIDFIRST BANK 501 NW GRAND BLVD. OKLAHOMA CITY, OK 73118 |
* | $ 12,970,989,000 | 1 | $ 122,000 |
| MERRILL LYNCH CREDIT CORP. 4804 DEER LAKE DRIVE EAST BLDG 3 FL 5 JACKSONVILLE, FL 32246 |
* | $ 4,500,000,000 | 1 | $ 216,000 |
| GATEWAY BANK & TRUST 112 CORPORATE DR ELIZABETH CITY, NC 27909 |
* | $ 1,860,575,000 | 1 | $ 73,000 |
| GATEWAY BANK MORTGAGE, INC. 901 E CAREY STREET, SUITE 1700 RICHMOND, VA 23219 |
* | $ 1,860,575,000 | 1 | $ 417,000 |
| BURKE & HERBERT BANK & TRUST COMPANY 100 S. FAIRFAX ST ALEXANDRIA, VA 22314 |
* | $ 1,529,433,000 | 1 | $ 264,000 |
| FIRST MARINER BANK 3301 BOSTON STREET BALTIMORE, MD 21224 |
* | $ 1,139,265,000 | 1 | $ 702,000 |
| GEORGE MASON MORTGAGE LLC 4100 MONUMENT CORNER DRIVE #100 FAIRFAX, VA 22030 |
* | $ 630,414,000 | 1 | $ 125,000 |
| SOVEREIGN BANK 1130 BERKSHIRE BOULEVARD WYOMISSING, PA 19610 |
* | $ 84,701,123,000 | 1 | $ 200,000 |
The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.
Mortgage Loan Application Detail Totals for Madison County VA in 2008
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 | 659 | $131,281,000 | $199,000 | $9,000,000 | $70,000 | $1,266,000 |
| Home Purchase | 139 | $31,644,000 | $227,000 | $775,000 | $76,000 | $539,000 |
| Home Improvement | 98 | $9,815,000 | $100,000 | $446,000 | $53,000 | $155,000 |
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 | 596 | $110,016,000 | $184,000 | $1,007,000 | $80,000 | $1,266,000 |
| Not Provided | 122 | $22,798,000 | $186,000 | $417,000 | $62,000 | $246,000 |
| Black or African American | 106 | $16,920,000 | $159,000 | $496,000 | $46,000 | $126,000 |
| Not applicable | 57 | $20,336,000 | $356,000 | $9,000,000 | $13,000 | $150,000 |
| Hispanic | 9 | $1,549,000 | $172,000 | $304,000 | $71,000 | $123,000 |
| Asian | 3 | $627,000 | $209,000 | $244,000 | $90,000 | $120,000 |
| American Indian or Alaskan Native | 2 | $308,000 | $154,000 | $208,000 | $53,000 | $61,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $186,000 | $186,000 | $186,000 | $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) | 734 | $141,304,000 | $192,000 | $9,000,000 | $73,000 | $1,266,000 |
| FHA-insured (Federal Housing Administration) | 140 | $26,875,000 | $191,000 | $333,000 | $50,000 | $130,000 |
| VA-guaranteed (Veterans Administration) | 14 | $3,303,000 | $235,000 | $442,000 | $41,000 | $128,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 8 | $1,258,000 | $157,000 | $189,000 | $34,000 | $52,000 |
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 | 370 | $64,023,000 | $173,000 | $1,007,000 | $78,000 | $1,266,000 |
| Application Denied By Financial Institution | 265 | $59,456,000 | $224,000 | $9,000,000 | $61,000 | $432,000 |
| Loan Purchased By The Institution | 119 | $21,577,000 | $181,000 | $417,000 | $58,000 | $1,266,000 |
| Application Withdrawn By Applicant | 88 | $18,109,000 | $205,000 | $703,000 | $69,000 | $257,000 |
| Application Approved But Not Accepted | 35 | $6,491,000 | $185,000 | $500,000 | $68,000 | $248,000 |
| File Closed For Incompleteness | 18 | $2,886,000 | $160,000 | $257,000 | $70,000 | $169,000 |
| Preapproval Denied by Financial Institution | 1 | $198,000 | $198,000 | $198,000 | $50,000 | $50,000 |
| Preapproval Approved but not Accepted | 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 | 41 | $8,478,000 | $206,000 | $596,000 | $89,000 | $341,000 |
| Credit History | 27 | $4,085,000 | $151,000 | $275,000 | $56,000 | $103,000 |
| Debt-To-Income Ratio | 26 | $5,685,000 | $218,000 | $636,000 | $47,000 | $195,000 |
| Credit Application Incomplete | 18 | $3,515,000 | $195,000 | $409,000 | $55,000 | $102,000 |
| Other | 9 | $10,498,000 | $1,166,000 | $9,000,000 | $66,000 | $211,000 |
| Unverifiable Information | 6 | $996,000 | $166,000 | $192,000 | $47,000 | $65,000 |
| Employment History | 1 | $142,000 | $142,000 | $142,000 | $38,000 | $38,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $155,000 | $155,000 | $155,000 | $66,000 | $66,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.
If you prefer, you can download a copy of the entire list of mortgage lenders in Virginia, and search similar information back through 2003.