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 | 1,254 |
Total Mortgage Loan Application Amount | $187,814,000 |
Average Mortgage Loan Application Amount | $149,000 |
Highest Mortgage Loan Application Amount | $450,000 |
Average Applicant Income | $70,000 |
Highest Applicant Income | $720,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
WELLS FARGO BANK, NA 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 608,778,000,000 | 140 | $ 24,881,000 |
BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,465,221,449,000 | 136 | $ 22,063,000 |
SUNTRUST MORTGAGE, INC 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 164,340,844,000 | 113 | $ 16,172,000 |
WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 77 | $ 12,617,000 |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 596 LYNNHAVEN PARKWAY SUITE 200 VIRGINIA BEACH, VA 23452 |
* | $ 10,000,000 | 75 | $ 12,217,000 |
BRANCH BANKING AND TRUST CO 223 W NASH STREET WILSON, NC 27893 |
* | $ 159,675,538,000 | 67 | $ 8,069,000 |
JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,627,684,000,000 | 54 | $ 8,210,000 |
STELLARONE BANK 1051 EAST CARY STREET, SUITE 1200 RICHMOND, VA 23219 |
* | $ 3,015,291,000 | 45 | $ 6,486,000 |
FREEDOM FIRST 5240 VALLEYPARK DRIVE ROANOKE, VA 24019 |
* | $ 276,566,000 | 39 | $ 3,220,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 34 | $ 5,164,000 |
CAROLINA BANK PO BOX 10209 GREENSBORO, NC 27404 |
* | $ 696,719,000 | 28 | $ 4,231,000 |
METLIFE BANK, N.A. 334 MADISON AVENUE CONVENT STATION, NJ 07961 |
* | $ 14,106,965,000 | 27 | $ 4,659,000 |
CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 24 | $ 3,855,000 |
MEMBER ONE P.O. BOX 12288 ROANOKE, VA 24024 |
* | $ 484,627,000 | 22 | $ 1,115,000 |
US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 276,376,130,000 | 22 | $ 4,310,000 |
ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 55,302,902,000 | 21 | $ 3,434,000 |
PRIMARY RESIDENTIAL MORTGAGE 4750 W WILEY POST WAY SUITE 200 SALT LAKE CITY, UT 84116 |
* | $ 10,000,000 | 19 | $ 2,901,000 |
GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 17 | $ 2,691,000 |
C & F MORTGAGE CORPORATION 1400 ALVERSER DRIVE MIDLOTHIAN, VA 23113 |
* | $ 189,567,000 | 15 | $ 1,404,000 |
SUNTRUST BANKS, INC. P.O. BOX 4418, MAIL CODE 663 ATLANTA, GA 30302 |
* | $ 164,340,844,000 | 12 | $ 1,621,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 112,736,105,000 | 9 | $ 1,379,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 37,922,355,000 | 9 | $ 1,935,000 |
PNC BANK N.A. 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 260,309,849,000 | 8 | $ 1,280,000 |
VANDERBILT MORTGAGE 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ 31,000,000 | 8 | $ 562,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 8 | $ 1,747,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ 10,000,000 | 8 | $ 1,567,000 |
CITIFINANCIAL, INC. 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 7 | $ 637,000 |
WESTSTAR MORTGAGE, INC. 3350 COMMISSION COURT WOODBRIDGE, VA 22192 |
* | $ 10,000,000 | 7 | $ 1,120,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 7 | $ 1,528,000 |
SALEM VA CREDIT UNION 1970 ROANOKE BLVD BLDG 77 SUITE 12 SALEM, VA 24153 |
* | $ 65,499,000 | 7 | $ 14,000 |
NFCU 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 39,610,194,000 | 6 | $ 833,000 |
ROANOKE POSTAL EMPLOYEES' FCU PO BOX 12405 ROANOKE, VA 24025 |
* | $ 102,901,000 | 6 | $ 401,000 |
CAPITAL CENTER, L.L.C. 4510 COX ROAD STE 402 GLEN ALLEN, VA 23060 |
* | $ 10,000,000 | 6 | $ 768,000 |
FRANKLIN AMERICAN MORTGAGE CO 501 CORPORATE CENTRE DRIVE, SUITE 400 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 6 | $ 863,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 5 | $ 622,000 |
SIDUS FINANCIAL, LLC 701 GREEN VALLEY ROAD, SUITE 101 GREENSBORO, NC 27408 |
* | $ 10,000,000 | 5 | $ 1,079,000 |
FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 5 | $ 627,000 |
VALLEY BANK 36 W CHURCH AVE ROANOKE, VA 24011 |
* | $ 710,945,000 | 5 | $ 499,000 |
FIRST-CITIZENS BANK & TRUST CO 16 E ROWAN STREET RALEIGH, NC 27609 |
* | $ 15,798,830,000 | 5 | $ 672,000 |
FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 14,483,100,000 | 5 | $ 857,000 |
HOME LOAN CENTER 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 4 | $ 639,000 |
SOUTHERN TRUST MORTGAGE LLC 4433 CORPORATION LANE, SUITE 300 VIRGINIA BEACH, VA 23462 |
* | $ 935,253,000 | 4 | $ 574,000 |
HOMETOWN BANK PO BOX 21769 ROANOKE, VA 24018 |
* | $ 337,806,000 | 4 | $ 444,000 |
VILLAGE BANK MORTGAGE CORPORATION 13305 MIDLOTHIAN TURNPIKE MIDLOTHIAN, VA 23113 |
* | $ 300,960,000 | 4 | $ 510,000 |
ACCESS NATIONAL MORTGAGE CORP 1800 ROBERT FULTON DR, SUITE 350 RESTON, VA 20191 |
* | $ 10,000,000 | 4 | $ 552,000 |
PROSPERITY MORTGAGE COMPANY 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 608,788,563,000 | 3 | $ 253,000 |
SIERRA PACIFIC MORTGAGE COMPANY, INC. 1180 IRON POINT RD, SUITE 200 FOLSOM, CA 95630 |
* | $ 10,000,000 | 3 | $ 354,000 |
ALCOVA MORTGAGE LLC 308 MARKET ST, SE ROANOKE, VA 24011 |
* | $ 710,000 | 3 | $ 401,000 |
LIBERTY MORTGAGE CORPORATION 223 W NASH STREET WILSON, NC 27893 |
* | $ 2,406,088,000 | 3 | $ 805,000 |
GENERATION MORTGAGE COMPANY 3565 PIEDMONT ROAD, NE STE. 300 ATLANTA, GA 30305 |
* | $ 73,926,000 | 3 | $ 349,000 |
THE BANK OF FINCASTLE POST OFFICE BOX 107, 17 SOUTH ROANOKE STREET FINCASTLE, VA 24090 |
* | $ 170,199,000 | 3 | $ 92,000 |
EVERBANK 8100 NATIONS WAY JACKSONVILLE, FL 32256 |
* | $ 8,059,724,000 | 3 | $ 518,000 |
MIDFIRST BANK 501 NW GRAND BLVD. OKLAHOMA CITY, OK 73118 |
* | $ 12,817,999,000 | 2 | $ 276,000 |
CITICORP TRUST BANK, FSB 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 17,832,340,000 | 2 | $ 207,000 |
CARTER BANK & TRUST PO BOX 3748 MARTINSVILLE, VA 24115 |
* | $ 3,388,923,000 | 2 | $ 340,000 |
CHARLES SCHWAB BANK 211 MAIN STREET SAN FRANCISCO, CA 94105 |
* | $ 43,242,751,000 | 2 | $ 236,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 2 | $ 321,000 |
VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ 11,000,000 | 2 | $ 329,000 |
PRIMARY CAPITAL 1000 PARKWOOD CIRCLE, SUITE 600 ATLANTA, GA 30339 |
* | $ 10,000,000 | 2 | $ 282,000 |
ONE REVERSE MORTGAGE, LLC 4445 EASTGATE MALL, SUITE 320 SAN DIEGO, CA 92121 |
* | $ 39,000,000 | 2 | $ 217,000 |
NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 2 | $ 170,000 |
HOMEOWNERS MORTGAGE OF AMERICA 100 GALLERIA PARKWAY STE 1400 ATLANTA, GA 30339 |
* | $ 10,000,000 | 2 | $ 462,000 |
NFM, INC. 1190 WINTERSON ROAD, SUITE 300 LINTHICUM, MD 21090 |
* | $ 8,226,000 | 2 | $ 336,000 |
HOMEPROMISE CORPORATION 60 S WASHINGTON ST, STE 106 GREENCASTLE, PA 17225 |
* | $ 100,000,000 | 2 | $ 210,000 |
AFFILIATED MORTGAGE COMPANY 1301 HUDSON LANE MONROE, LA 71201 |
* | $ 212,423,000 | 1 | $ 178,000 |
STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ 10,000,000 | 1 | $ 155,000 |
AMERICAN EQUITY MORTGAGE, INC. 11933 WESTLINE INDUSTRIAL DRIVE SAINT LOUIS, MO 63146 |
* | $ 10,000,000 | 1 | $ 271,000 |
FARM CREDIT OF THE VIRGINIAS, ACA 106 SANGERS LANE STAUNTON, VA 24401 |
* | $ 1,007,892,000,000 | 1 | $ 94,000 |
MID-ISLAND MORTGAGE CORP. 900 MERCHANTS CONCOURSE, SUITE #112 WESTBURY, NY 11554 |
* | $ 10,000,000 | 1 | $ 91,000 |
MORTGAGE INVESTORS CORP 6090 CENTRAL AVE ST. PETERSBURG, FL 33707 |
* | $ 10,000,000 | 1 | $ 135,000 |
AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ 10,000,000 | 1 | $ 198,000 |
COLONIAL MORTGAGE COMPANY, LLC PO BOX 689 DALEVILLE, VA 24083 |
* | $ 170,466,000 | 1 | $ 206,000 |
EMM LOANS LLC 3 EXECUTIVE CAMPUS, SUITE 520 CHERRY HILL, NJ 08002 |
* | $ 10,000,000 | 1 | $ 93,000 |
MYERS PARK MORTGAGE 141 PROVIDENCE RD CHARLOTTE, NC 28207 |
* | $ 10,000,000 | 1 | $ 107,000 |
PEOPLES HOME EQUITY 5205 MARYLAND WAY SUITE 100 BRENTWOOD, TN 37027 |
* | $ 1,065,000 | 1 | $ 119,000 |
WYNDHAM CAPITAL MORTGAGE, INC. 6115 PARK SOUTH DRIVE, STE 200 CHARLOTTE, NC 28210 |
* | $ 10,000,000 | 1 | $ 281,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 1 | $ 33,000 |
SHORE MORTGAGE 770 S. ADAMS ROAD #300 BIRMINGHAM, MI 48009 |
* | $ 10,000,000 | 1 | $ 113,000 |
MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ 35,000,000,000 | 1 | $ 240,000 |
BEACH FIRST NATIONAL BANK 3751 GRISSOM PARKWAY MYRTLE BEACH, SC 29577 |
* | $ 602,167,000 | 1 | $ 120,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ 4,542,636,000 | 1 | $ 286,000 |
ARVEST MORTGAGE COMPANY 931 W MONROE LOWELL, AR 72745 |
* | $ 11,319,023,000 | 1 | $ 130,000 |
RESIDENTIAL FINANCE CORP. 401 N. FRONT STREET, SUITE 300 COLUMBUS, OH 43215 |
* | $ 17,533,484,000 | 1 | $ 166,000 |
EVERHOME MORTGAGE COMPANY 8100 NATIONS WAY JACKSONVILLE, FL 32256 |
* | $ 3,027,261,000 | 1 | $ 150,000 |
MEMBER OPTIONS LLC 1936 ARLINGTONG BLVD. CHARLOTTESVILLE, VA 22903 |
* | $ 32,364,000 | 1 | $ 122,000 |
GMS FUNDING, LLC 824 MEETING STREET WEST COLUMBIA, SC 29169 |
* | $ 417,745,000 | 1 | $ 88,000 |
CARNEGIE MORTGAGE 2297 STATE HIGHWAY 33 HAMILTON SQUARE, NJ 08690 |
* | $ 193,976,000 | 1 | $ 186,000 |
AMERITRUST MORTGAGE INC. 11016 RUSHMORE DRIVE, SUITE 200 CHARLOTTE, NC 28277 |
* | $ 10,000,000 | 1 | $ 167,000 |
PLAZA HOME MORTGAGE, INC 5090 SHOREHAM PLACE, SUITE #206 SAN DIEGO, CA 92122 |
* | $ 10,000,000 | 1 | $ 153,000 |
EVERETT FINANCIAL INC. 14801 QUORUM DR SUITE 300 DALLAS, TX 75254 |
* | $ 3,642,000 | 1 | $ 141,000 |
CORRIDOR MORTGAGE GROUP, INC. 11085 STRATFIELD COURT MARRIOTTSVILLE, MD 21104 |
* | $ 605,000,000 | 1 | $ 131,000 |
TMG REAL ESTATE & FINANCIAL 310 W. LIBERTY ST. STE 100 LOUISVILLE, KY 40202 |
* | $ 292,000 | 1 | $ 350,000 |
MORTGAGE RESEARCH CENTER, LLC 2101 CHAPEL PLAZA COURT SUITE 107 COLUMBIA, MO 65203 |
* | $ 880,000,000 | 1 | $ 200,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 1 | $ 142,000 |
NATIONAL BANK OF KANSAS CITY 10700 NALL AVENUE OVERLAND PARK, KS 66211 |
* | $ 708,191,000 | 1 | $ 218,000 |
GATEWAY BUSINESS BANK 18000 STUDEBAKER ROAD, SUITE 550 CERRITOS, CA 90703 |
* | $ 216,229,000 | 1 | $ 112,000 |
BANK OF FLOYD P O BOX 215 FLOYD, VA 24091 |
* | $ 229,906,000 | 1 | $ 92,000 |
STATE FARM BANK 1 STATE FARM PLAZA BLOOMINGTON, IL 61710 |
* | $ 16,157,711,000 | 1 | $ 120,000 |
NATIONWIDE BANK ONE NATIONWIDE PLAZA, 2-14-05 COLUMBUS, OH 43215 |
* | $ 3,206,002,000 | 1 | $ 76,000 |
SOUTHERN BANK AND TRUST COMPANY PO BOX 729 MOUNT OLIVE, NC 28365 |
* | $ 1,276,754,000 | 1 | $ 109,000 |
NEW YORK COMMUNITY BANK 1 JERICHO PLAZA JERICHO, NY 11753 |
* | $ 40,150,052,000 | 1 | $ 250,000 |
WOODFOREST NATIONAL BANK 25231 GROGAN'S MILL ROAD THE WOODLANDS, TX 77380 |
* | $ 3,192,761,000 | 1 | $ 261,000 |
BANK OF BOTETOURT 19747 MAIN STREET BUCHANAN, VA 24066 |
* | $ 309,139,000 | 1 | $ 236,000 |
COLONIAL SAVINGS, F. A. P. O. BOX 2988 FORT WORTH, TX 76113 |
* | $ 964,882,000 | 1 | $ 112,000 |
TRULIANT FEDERAL CREDIT UNION 3200 TRULIANT WAY WINSTON-SALEM, NC 27103 |
* | $ 1,334,218,000 | 1 | $ 65,000 |
FIRST FEDERAL 2440 MALL DR SUITE 100 NORTH CHARLESTON, SC 29406 |
* | $ 3,421,986,000 | 1 | $ 170,000 |
AMERICAN NATIONAL BANK AND TRUST COMPANY 628 MAIN STREET DANVILLE, VA 24541 |
* | $ 808,331,000 | 1 | $ 125,000 |
AMERICAN BANK 9001 EDMONSTON ROAD, SUITE 100 GREENBELT, MD 20770 |
* | $ 507,491,000 | 1 | $ 109,000 |
SPECTRA CREDIT UNION 5440 CHEROKEE AVE SUITE 200 ALEXANDRIA, VA 22312 |
* | $ 430,107,000 | 1 | $ 40,000 |
NORTHWEST FEDERAL CREDIT UNION 220 SPRING STREET HERNDON, VA 20170 |
* | $ 1,950,258,000 | 1 | $ 88,000 |
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.
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 | 786 | $126,326,000 | $160,000 | $417,000 | $73,000 | $600,000 |
Home Purchase | 371 | $53,256,000 | $143,000 | $450,000 | $65,000 | $720,000 |
Home Improvement | 97 | $8,232,000 | $84,000 | $398,000 | $63,000 | $173,000 |
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 | 988 | $144,397,000 | $146,000 | $450,000 | $75,000 | $600,000 |
Not applicable | 103 | $17,271,000 | $167,000 | $417,000 | $14,000 | $300,000 |
Not Provided | 88 | $13,003,000 | $147,000 | $417,000 | $73,000 | $456,000 |
Black or African American | 37 | $5,457,000 | $147,000 | $315,000 | $61,000 | $273,000 |
Asian | 19 | $4,656,000 | $245,000 | $417,000 | $107,000 | $360,000 |
Hispanic | 13 | $2,370,000 | $182,000 | $286,000 | $56,000 | $93,000 |
American Indian or Alaskan Native | 6 | $660,000 | $110,000 | $146,000 | $163,000 | $720,000 |
Native Hawaiian or Other Pacific Islander | 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) | 817 | $118,778,000 | $145,000 | $450,000 | $79,000 | $720,000 |
FHA-insured (Federal Housing Administration) | 383 | $59,804,000 | $156,000 | $286,000 | $55,000 | $600,000 |
VA-guaranteed (Veterans Administration) | 52 | $8,939,000 | $171,000 | $362,000 | $34,000 | $111,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $293,000 | $146,000 | $158,000 | $42,000 | $58,000 |
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 | 671 | $97,077,000 | $144,000 | $417,000 | $74,000 | $473,000 |
Loan Purchased By The Institution | 290 | $46,898,000 | $161,000 | $417,000 | $47,000 | $300,000 |
Application Denied By Financial Institution | 132 | $18,501,000 | $140,000 | $450,000 | $75,000 | $600,000 |
Application Withdrawn By Applicant | 114 | $18,165,000 | $159,000 | $417,000 | $89,000 | $720,000 |
Application Approved But Not Accepted | 25 | $3,739,000 | $149,000 | $417,000 | $74,000 | $155,000 |
File Closed For Incompleteness | 22 | $3,434,000 | $156,000 | $398,000 | $92,000 | $600,000 |
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 |
---|---|---|---|---|---|---|
Debt-To-Income Ratio | 22 | $3,127,000 | $142,000 | $389,000 | $41,000 | $130,000 |
Other | 22 | $3,092,000 | $140,000 | $417,000 | $90,000 | $353,000 |
Credit History | 19 | $1,562,000 | $82,000 | $282,000 | $113,000 | $600,000 |
Collateral | 18 | $3,875,000 | $215,000 | $450,000 | $119,000 | $360,000 |
Credit Application Incomplete | 13 | $1,629,000 | $125,000 | $230,000 | $60,000 | $170,000 |
Unverifiable Information | 2 | $484,000 | $242,000 | $375,000 | $181,000 | $217,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $255,000 | $127,000 | $161,000 | $25,000 | $50,000 |
Employment History | 1 | $158,000 | $158,000 | $158,000 | $27,000 | $27,000 |
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.