Salem County VA
Mortgage Loan Application
Totals and Details
for 2009

Find mortgage statistics and lending data for the Salem 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 Salem 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 1,676
Total Mortgage Loan Application Amount $259,887,000
Average Mortgage Loan Application Amount $155,000
Highest Mortgage Loan Application Amount $529,000
Average Applicant Income $65,000
Highest Applicant Income $1,586,000

Mortgage Company List for Lending in Salem County VA for 2009

* 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
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,098,787,000 179 $ 28,953,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,471,631,047,000 139 $ 24,013,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 538,958,000,000 126 $ 22,120,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 103 $ 17,241,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 140,777,455,000 79 $ 14,180,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 147,483,646,000 68 $ 8,736,000
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 62 $ 10,637,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,227,040,000,000 59 $ 4,290,000
STELLARONE BANK
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 2,933,064,000 55 $ 7,838,000
FREEDOM FIRST
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 248,359,000 44 $ 3,360,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 117,978,966,000 43 $ 7,400,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,746,242,000,000 43 $ 6,996,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 32,882,574,000 41 $ 7,322,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 36 $ 5,549,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 261,775,591,000 31 $ 5,373,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 30 $ 5,534,000
MEMBER ONE
P.O. BOX 12288
ROANOKE, VA 24024
* $ 372,851,000 29 $ 1,286,000
CAROLINA BANK
PO BOX 10209
GREENSBORO, NC 27404
* $ 616,230,000 28 $ 5,218,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 23 $ 3,703,000
PRIMARY RESIDENTIAL MORTGAGE
4750 W WILEY POST WAY SUITE 200
SALT LAKE CITY, UT 84116
* $ 10,000,000 20 $ 3,056,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 69,166,325,000 20 $ 3,840,000
BEACH FIRST NATIONAL BANK
3751 GRISSOM PARKWAY, SUITE 100
MYRTLE BEACH, SC 29577
* $ 657,891,000 19 $ 3,009,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 69,459,606,000 16 $ 2,665,000
WESTSTAR MORTGAGE, INC.
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 16 $ 2,796,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 14,157,838,000 16 $ 2,462,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 32,584,979,000 16 $ 3,150,000
FIRST-CITIZENS BANK & TRUST CO
16 E ROWAN STREET
RALEIGH, NC 27609
* $ 13,862,840,000 14 $ 1,982,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 14 $ 2,678,000
C & F MORTGAGE CORPORATION
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ 189,567,000 14 $ 1,422,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 12 $ 2,063,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 12 $ 1,650,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 635,476,000,000 12 $ 817,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 8 $ 1,421,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 185,098,787,000 8 $ 1,265,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 8 $ 1,340,000
VALLEY BANK
36 W CHURCH AVE
ROANOKE, VA 24011
* $ 668,407,000 7 $ 1,452,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 7 $ 335,000
HOMETOWN BANK
PO BOX 21769
ROANOKE, VA 24018
* $ 233,635,000 7 $ 675,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 6 $ 748,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 6 $ 1,072,000
PRIMARY CAPITAL
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 6 $ 1,356,000
SIDUS FINANCIAL, LLC
1905 TURNBURY DRIVE
GREENVILLE, NC 27858
* $ 10,000,000 6 $ 930,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 6 $ 711,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 6 $ 962,000
ACCESS NATIONAL MORTGAGE CORP
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 6 $ 964,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 5 $ 804,000
SOUTHERN TRUST MORTGAGE LLC
4433 CORPORATION LANE, SUITE 300
VIRGINIA BEACH, VA 23462
* $ 935,253,000 5 $ 823,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 10,273,647,000 5 $ 1,136,000
FIRST NATIONAL BK OF THE SOUTH
P.O. BOX 3508
SPARTANBURG, SC 29304
* $ 814,340,000 4 $ 625,000
NEW YORK COMMUNITY BANK
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 30,307,736,000 4 $ 582,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 21,270,147,000 4 $ 774,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,669,297,000 4 $ 544,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 7,047,356,000 4 $ 880,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 4 $ 781,000
PROSPERITY MORTGAGE COMPANY
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,000,000 4 $ 681,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 3 $ 497,000
WALKER JACKSON MORTGAGE CORPOR
14501 GEORGE CARTER WAY
CHANTILLY, VA 20151
* $ 292,944,000 3 $ 413,000
AMERICAN GENERAL FIN.SERV.(DE)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 3 $ 26,000
TMG REAL ESTATE & FINANCIAL
310 W. LIBERTY ST. STE 100
LOUISVILLE, KY 40202
* $ 292,000 3 $ 560,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 4,858,594,000 3 $ 560,000
BANK OF FLOYD
P O BOX 215
FLOYD, VA 24091
* $ 210,070,000 3 $ 284,000
ROANOKE POSTAL EMPLOYEES' FCU
PO BOX 12405
ROANOKE, VA 24025
* $ 98,237,000 3 $ 263,000
BANK OF BOTETOURT
19747 MAIN STREET
BUCHANAN, VA 24066
* $ 294,986,000 3 $ 214,000
SALEM VA CREDIT UNION
1970 ROANOKE BLVD BLDG 77 SUITE 12
SALEM, VA 24153
* $ 58,180,000 3 $ 15,000
AMERICAN BANK
9001 EDMONSTON ROAD, SUITE 100
GREENBELT, MD 20770
* $ 529,592,000 2 $ 306,000
THE FARMERS & MERCHANTS BANK OF CRAIG COUNTY
P.O. BOX 400/189 MAIN STREET
NEW CASTLE, VA 24127
* $ 49,578,000 2 $ 178,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 14,649,039,000 2 $ 89,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 2 $ 236,000
MERRILL LYNCH CREDIT CORP
4500 PARK GRANADA CA7-910-01-24
CALABASAS, CA 91302
* $ 2,223,299,000 2 $ 319,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 2 $ 295,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 2 $ 345,000
NFM, INC.
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ 8,226,000 2 $ 318,000
VILLAGE BANK MORTGAGE CORPORATION
13305 MIDLOTHIAN TURNPIKE
MIDLOTHIAN, VA 23113
* $ 300,960,000 2 $ 396,000
SECURITYNATIONAL MORTGAGE COMPANY
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ 10,000,000 2 $ 216,000
GATEWAY FUNDING DMS, LP
300 WELSH ROAD, BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 2 $ 471,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ 10,000,000 1 $ 164,000
BARRONS MORTGAGE GROUP LTD
3325 SOUTH TRYON STREET
CHARLOTTE, NC 28217
* $ 6,353,000 1 $ 150,000
FARM CREDIT MID-AMERICA, ACA
1601 UPS DRIVE
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 74,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 104,000
CARDINAL FINANCIAL COMPANY
444 JACKSONVILLE ROAD
WARMINSTER, PA 18974
* $ 10,000,000 1 $ 187,000
COASTAL MORTGAGE SERVICES, INC
11230 CARMEL COMMONS BOULEVARD
CHARLOTTE, NC 28226
* $ 10,000,000 1 $ 100,000
HOMEPROMISE CORPORATION
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ 100,000,000 1 $ 137,000
ALLIED HOME MORTGAGE CORP.
6110 PINEMONT DR., STE. 220
HOUSTON, TX 77092
* $ 10,000,000 1 $ 144,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ 10,000,000 1 $ 113,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 163,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 145,000
RMC VANGUARD
7670 WOODWAY, SUITE 162
HOUSTON, TX 77063
* $ 20,000,000 1 $ 342,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 256,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 139,000
MASON DIXON FUNDING INC
800 KING FARM BLVD, STE 210A
ROCKVILLE, MD 20850
* $ 10,000,000 1 $ 121,000
PLAZA HOME MORTGAGE, INC
5090 SHOREHAM PLACE, SUITE #206
SAN DIEGO, CA 92122
* $ 10,000,000 1 $ 227,000
POLARIS HOME FUNDING CORP.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 1 $ 250,000
ASSURITY FINANCIAL SERVICES
6025 SOUTH QUEBEC STREET, #260
ENGLEWOOD, CO 80111
* $ 10,000,000 1 $ 187,000
SHELTER MORTGAGE COMPANY, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 12,000,000 1 $ 331,000
LIBERTY MORTGAGE CORPORATION
223 W NASH STREET
WILSON, NC 27893
* $ 2,406,088,000 1 $ 162,000
EVERHOME MORTGAGE COMPANY
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 1 $ 271,000
MEMBER OPTIONS LLC
1936 ARLINGTONG BLVD.
CHARLOTTESVILLE, VA 22903
* $ 32,364,000 1 $ 106,000
STERLING NATIONAL MORTGAGE CO.
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 1 $ 214,000
DIRECT MORTGAGE, CORP.
6955 SOUTH UNION PARK CENTER, #540
MIDVALE, UT 84047
* $ 10,000,000 1 $ 191,000
AVELO MORTGAGE, L.L.C
250 EAST JOHN CARPENTER FREEWAY
IRVING, TX 75062
* $ 10,000,000 1 $ 144,000
CARNEGIE MORTGAGE
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 1 $ 175,000
AMERITRUST MORTGAGE INC.
11016 RUSHMORE DRIVE, SUITE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 204,000
MLD MORTGAGE INC.
30B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 10,000,000 1 $ 192,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 158,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 225,000
GREENBERRY FINANCIAL SERVICES
999 CORPORATE DRIVE, SUITE 110
LADERA RANCH, CA 92694
* $ 21,366,000 1 $ 188,000
AMERICANMTGNETWORK DBA VERTICE
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 473,000,000,000 1 $ 70,000
SIRVA MORTGAGE, INC.
6200 OAK TREE BLVD STE 300
INDEPENDENCE, OH 44131
* $ 101,315,000 1 $ 80,000
BANK OF ARKANSAS, NA
PO BOX 2300
TULSA, OK 74102
* $ 285,264,000 1 $ 57,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 82,416,721,000 1 $ 114,000
WOODFOREST NATIONAL BANK
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 2,928,263,000 1 $ 5,000
MWABANK
1701 1ST AVENUE
ROCK ISLAND, IL 61201
* $ 208,407,000 1 $ 195,000
GUARANTY BANK, FSB
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 1,629,217,000 1 $ 331,000
AMERIPRISE BANK, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 1,476,384,000 1 $ 106,000
AMERICAN STERLING BANK
535 S STERLING
SUGAR CREEK, MO 64054
* $ 165,774,000 1 $ 86,000
FIRST BANK
PO BOX 508
TROY, NC 27371
* $ 2,753,725,000 1 $ 130,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 175,104,000 1 $ 270,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 115,142,306,000 1 $ 17,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 279,777,049,000 1 $ 204,000
MONARCH BANK
1435 CROSSWAYS BOULEVARD, SUITE 101
CHESAPEAKE, VA 23320
* $ 597,236,000 1 $ 169,000
CARTER BANK & TRUST
PO BOX 3748
MARTINSVILLE, VA 24115
* $ 2,800,478,000 1 $ 248,000
VIRGINIA CREDIT UNION, INC.
PO BOX 90010
RICHMOND, VA 23225
* $ 1,686,491,000 1 $ 79,000
HSBC BANK USA, NA
1 HSBC CENTER - 24TH FLOOR
BUFFALO, NY 14203
* $ 181,604,079,000 1 $ 88,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,725,957,000 1 $ 42,000
FIRST BANK OF GEORGIA
2743 PERIMETER PKWY BLD 100, SUITE 100
AUGUSTA, GA 30909
* $ 460,726,000 1 $ 122,000
TRULIANT FEDERAL CREDIT UNION
3200 TRULIANT WAY
WINSTON-SALEM, NC 27103
* $ 1,195,687,000 1 $ 119,000
AMERICAN NATIONAL BANK AND TRUST COMPANY
628 MAIN STREET
DANVILLE, VA 24541
* $ 788,435,000 1 $ 104,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 36,351,625,000 1 $ 132,000
DISCOVER BANK
502 EAST MARKET STREET
GREENWOOD, DE 19950
* $ 36,276,270,000 1 $ 15,000
KEMBA ROANOKE FCU
2812 WEST MAIN ST
SALEM, VA 24153
* $ 54,575,000 1 $ 80,000

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 Salem County VA 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
Refinancing 1,143 $189,624,000 $165,000 $529,000 $68,000 $1,586,000
Home Purchase 446 $65,294,000 $146,000 $513,000 $56,000 $409,000
Home Improvement 87 $4,969,000 $57,000 $278,000 $69,000 $621,000

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 1,231 $191,464,000 $155,000 $529,000 $71,000 $1,586,000
Not applicable 192 $27,388,000 $142,000 $417,000 $27,000 $409,000
Not Provided 181 $28,868,000 $159,000 $396,000 $64,000 $390,000
Black or African American 38 $6,386,000 $168,000 $372,000 $58,000 $250,000
Asian 16 $3,373,000 $210,000 $417,000 $64,000 $183,000
Hispanic 13 $1,774,000 $136,000 $260,000 $71,000 $158,000
American Indian or Alaskan Native 3 $574,000 $191,000 $325,000 $161,000 $402,000
Native Hawaiian or Other Pacific Islander 2 $60,000 $30,000 $55,000 $64,000 $68,000

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) 1,150 $174,497,000 $151,000 $529,000 $73,000 $1,586,000
FHA-insured (Federal Housing Administration) 446 $70,269,000 $157,000 $300,000 $47,000 $161,000
VA-guaranteed (Veterans Administration) 72 $13,507,000 $187,000 $513,000 $43,000 $268,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $1,614,000 $201,000 $251,000 $39,000 $70,000

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 848 $132,106,000 $155,000 $513,000 $69,000 $711,000
Loan Purchased By The Institution 408 $64,965,000 $159,000 $417,000 $50,000 $621,000
Application Denied By Financial Institution 215 $30,878,000 $143,000 $417,000 $66,000 $540,000
Application Withdrawn By Applicant 136 $21,183,000 $155,000 $529,000 $78,000 $1,586,000
Application Approved But Not Accepted 41 $6,042,000 $147,000 $331,000 $79,000 $252,000
File Closed For Incompleteness 28 $4,713,000 $168,000 $417,000 $60,000 $183,000
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
Collateral 45 $6,909,000 $153,000 $358,000 $79,000 $300,000
Credit History 38 $3,705,000 $97,000 $249,000 $52,000 $141,000
Debt-To-Income Ratio 25 $3,669,000 $146,000 $390,000 $56,000 $225,000
Credit Application Incomplete 14 $2,867,000 $204,000 $361,000 $111,000 $540,000
Other 10 $1,683,000 $168,000 $417,000 $71,000 $148,000
Unverifiable Information 5 $724,000 $144,000 $183,000 $93,000 $116,000
Employment History 2 $315,000 $157,000 $203,000 $51,000 $66,000
Insufficient Cash (Downpayment, Closing Cost) 2 $296,000 $148,000 $150,000 $117,000 $155,000
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.

Download the Virginia Lender List