Salem County VA
Mortgage Loan Application
Totals and Details
for 2012

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 1,397
Total Mortgage Loan Application Amount $225,227,000
Average Mortgage Loan Application Amount $161,000
Highest Mortgage Loan Application Amount $11,835,000
Average Applicant Income $65,000
Highest Applicant Income $613,000

Mortgage Company List for Lending in Salem County VA for 2012

* 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
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,161,490,000,000 243 $ 37,551,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 168,867,640,000 92 $ 12,480,000
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 88 $ 13,796,000
FREEDOM FIRST
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 256,537,000 85 $ 10,652,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 74 $ 9,987,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,291,705,000 63 $ 9,813,000
STELLARONE BANK
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 2,911,678,000 56 $ 7,354,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 55 $ 7,150,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 37 $ 6,749,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,288,658,000,000 33 $ 3,799,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 30 $ 4,212,000
CAROLINA BANK
PO BOX 10209
GREENSBORO, NC 27404
* $ 672,996,000 29 $ 5,367,000
MEMBER ONE
P.O. BOX 12288
ROANOKE, VA 24024
* $ 563,969,000 28 $ 626,000
CORRIDOR MORTGAGE GROUP, INC.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ 605,000,000 28 $ 4,676,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,291,705,000 23 $ 188,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 23 $ 2,738,000
VALLEY BANK
36 W CHURCH AVE
ROANOKE, VA 24011
* $ 771,163,000 21 $ 3,113,000
C & F MORTGAGE CORPORATION
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ 189,567,000 18 $ 2,263,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 263,309,559,000 15 $ 2,297,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,681,476,000 12 $ 1,957,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 12 $ 1,683,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 11 $ 1,767,000
ALCOVA MORTGAGE LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ 710,000 10 $ 1,272,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 10 $ 1,036,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 9 $ 1,709,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 9 $ 1,429,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 9 $ 2,012,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 8 $ 1,071,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 8 $ 1,341,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,623,469,000 8 $ 1,611,000
SALEM VA CREDIT UNION
1970 ROANOKE BLVD BLDG 77 SUITE 12
SALEM, VA 24153
* $ 69,061,000 7 $ 74,000
HOME LOAN CENTER, INC.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 7 $ 1,026,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 7 $ 1,359,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 6 $ 869,000
COLONIAL SAVINGS, F.A.
P O BOX 2988
FORT WORTH, TX 76113
* $ 921,138,000 6 $ 855,000
SERVICE FINANCE COMPANY, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 6 $ 24,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 15,056,671,000 6 $ 1,584,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 20,571,750,000 5 $ 741,000
TOWNE BANK
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 4,081,771,000 5 $ 606,000
FIRST BANK
PO BOX 508
TROY, NC 27371
* $ 3,289,441,000 5 $ 483,000
CAPITAL CENTER, L.L.C.
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 5 $ 828,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 4 $ 964,000
HOMEOWNERS MORTGAGE OF AMERICA
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 4 $ 624,000
HOMETOWN BANK
PO BOX 21769
ROANOKE, VA 24018
* $ 361,175,000 4 $ 286,000
GMAC MORTGAGE, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 4 $ 448,000
RESIDENTIAL FINANCE CORPORATIO
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 4 $ 635,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 4 $ 706,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,423,017,000 4 $ 712,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 46,925,466,000 4 $ 532,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 808,645,000 4 $ 692,000
FRANKLIN COMMUNITY BANK, N. A.
400 OLD FRANKLIN TURNPIKE, N. A.
ROCKY MOUNT, VA 24151
* $ 203,325,000 3 $ 163,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 3 $ 503,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 3 $ 298,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 3 $ 561,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 450,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 483,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 2 $ 604,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 412,000
VILLAGE BANK MORTGAGE CORPORATION
13305 MIDLOTHIAN TURNPIKE
MIDLOTHIAN, VA 23113
* $ 300,960,000 2 $ 113,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 2 $ 747,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 2 $ 401,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 447,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 2 $ 276,000
PRIMARY CAPITAL
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 2 $ 511,000
THE FARMERS & MERCHANTS BANK OF CRAIG COUNTY
P.O. BOX 400/189 MAIN STREET
NEW CASTLE, VA 24127
* $ 52,395,000 2 $ 204,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,790,194,000 2 $ 98,000
MCLEAN MORTGAGE CORPORATION
11325 RANDOM HILLS RD. SUITE 400
FAIRFAX, VA 22030
* $ 50,010,000 2 $ 410,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 645,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 2 $ 459,000
CREDIT UNION MORTGAGE ASSOCIATION, INC.
10800 MAIN STREET
FAIRFAX, VA 22030
* $ 435,000,000 2 $ 173,000
PROSPERITY MORTGAGE COMPANY
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,788,563,000 2 $ 266,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 2 $ 173,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 2 $ 271,000
ROUNDPOINT MORTGAGE COMPANY
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 2 $ 372,000
THE BANK OF FINCASTLE
POST OFFICE BOX 107, 17 SOUTH ROANOKE STREET
FINCASTLE, VA 24090
* $ 180,296,000 2 $ 129,000
KEMBA ROANOKE FCU
2812 WEST MAIN ST
SALEM, VA 24153
* $ 59,970,000 2 $ 154,000
AMERICAN NATIONAL BANK AND TRUST COMPANY
628 MAIN STREET
DANVILLE, VA 24541
* $ 1,303,819,000 2 $ 301,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 76,887,082,000 1 $ 110,000
VIRGINIA CREDIT UNION, INC.
PO BOX 90010
RICHMOND, VA 23225
* $ 2,266,779,000 1 $ 151,000
UBS AG, TAMPA BRANCH
3000 BAYPORT
TAMPA, FL 33607
* $ 1,400,000,000 1 $ 175,000
VIRGINIA NATIONAL BANK
PO BOX 2853
CHARLOTTESVILLE, VA 22902
* $ 464,066,000 1 $ 3,200,000
CAPITAL BANK, NATIONAL ASSOCIATION
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ 335,601,000 1 $ 157,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 142,947,000 1 $ 207,000
CRESCOM BANK
288 MEETING ST
CHARLESTON, SC 29401
* $ 825,259,000 1 $ 188,000
CARTER BANK & TRUST
PO BOX 3748
MARTINSVILLE, VA 24115
* $ 3,970,407,000 1 $ 11,835,000
STOCK YARDS BANK & TRUST COMPANY
1040 EAST MAIN STREET
LOUISVILLE, KY 40206
* $ 2,045,694,000 1 $ 200,000
CITIZENS BANK, N.A.
200 S. MAIN, P O BOX 899
FORT SCOTT, KS 66701
* $ 273,413,000 1 $ 393,000
ROANOKE POSTAL EMPLOYEES' FCU
PO BOX 12405
ROANOKE, VA 24025
* $ 104,202,000 1 $ 121,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,073,987,000 1 $ 75,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 240,651,000 1 $ 194,000
FULTON BANK, NATIONAL ASSOCIATION
ONE PENN SQUARE
LANCASTER, PA 17604
* $ 9,041,660,000 1 $ 160,000
FIRST MARINER BANK
3301 BOSTON STREET
BALTIMORE, MD 21224
* $ 1,179,394,000 1 $ 202,000
CALIBER FUNDING LLC
6031 CONNECTION DRIVE, SUITE 200
IRVING, TX 75039
* $ 37,112,000 1 $ 83,000
HAMILTON NATIONAL MORTGAGE COMPANY
1275 DRUMMERS LANE
WAYNE, PA 19087
* $ 10,000,000 1 $ 162,000
OCEANSIDE MORTGAGE COMPANY
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 173,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 78,000
GENERATION MORTGAGE COMPANY
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 74,000
NYCB MORTGAGE COMPANY, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 106,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 104,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 184,000
FARM CREDIT OF THE VIRGINIAS, ACA
106 SANGERS LANE
STAUNTON, VA 24401
* $ 1,007,892,000,000 1 $ 324,000
MILITARY FAMILY HOME LOANS, LL
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 1,102,281,049,000 1 $ 80,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ 10,000,000 1 $ 102,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 177,000
GFS CAPITAL
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 1 $ 89,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 178,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 361,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 120,000
GUARANTY BANK
501 W NORTHSHORE DR. SUITE 400
GLENDALE, WI 53217
* $ 1,163,507,000 1 $ 193,000
COLORADO FEDERAL SAVINGS BANK8
400 EAST PRENTICE AVE, SUITE 840
GREENWOOD VILLAGE, CO 80111
* $ 1,547,178,000 1 $ 94,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 518,825,000 1 $ 16,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,184,743,000 1 $ 225,000
FIRST BANK
112 W KING ST
STRASBURG, VA 22657
* $ 538,515,000 1 $ 200,000
THIRD FEDERAL SAVINGS AND LOAN ASSOCIATION OF CLEVELAND
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 11,018,418,000 1 $ 105,000
CUSTOMERS BANK
99 BRIDGE STREET
PHOENIXVILLE, PA 19460
* $ 2,077,532,000 1 $ 1,000
US BK NA ND
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,997,931,000 1 $ 356,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,736,579,000 1 $ 44,000
TOTAL MORTGAGE SERVICES, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ 10,000,000 1 $ 146,000
PROVIDENT FUNDING GROUP INC
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 2,200,000,000 1 $ 175,000
DITECH MORTGAGE CORP
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 1 $ 119,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 1 $ 263,000
AFFILIATED MORTGAGE COMPANY
5700 LEGACY DRIVE STE 10
PLANO, TX 75024
* $ 212,423,000 1 $ 193,000
SOUTHERN TRUST MORTGAGE LLC
4433 CORPORATION LANE, SUITE 300
VIRGINIA BEACH, VA 23462
* $ 935,253,000 1 $ 128,000
CRESCENT MORTGAGE COMPANY
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 826,484,000 1 $ 188,000
GATEWAY BANK MORTGAGE, INC.
901 E CAREY STREET, SUITE 1700
RICHMOND, VA 23219
* $ 1,899,061,000 1 $ 191,000
BRAND MORTGAGE GROUP, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ 1,195,416,000 1 $ 159,000
FIRST LIBERTY FINANCIAL GROUP
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,000,000,000 1 $ 250,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 182,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 13,000
BARRONS MORTGAGE GROUP LTD
3325 SOUTH TRYON STREET
CHARLOTTE, NC 28217
* $ 6,353,000 1 $ 208,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 212,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 120,000
COASTAL STATES MORTGAGE, INC.
5 BOW CIRCLE
HILTON HEAD ISLAND, SC 29928
* $ 10,000,000 1 $ 324,000
FIRST HOME MORTGAGE CORPORATION
5355 NOTTINGHAM DRIVE, SUITE 130
BALTIMORE, MD 21236
* $ 10,000,000 1 $ 174,000
WALKER & DUNLOP, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ 552,596,000 1 $ 11,000,000
PROSPECT MORTGAGE, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 135,000
GATEWAY FUNDING DMS, LP
300 WELSH ROAD, BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 102,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 66,000

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 2012

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 909 $152,674,000 $167,000 $11,000,000 $70,000 $613,000
Home Purchase 386 $69,571,000 $180,000 $11,835,000 $57,000 $309,000
Home Improvement 102 $2,982,000 $29,000 $369,000 $55,000 $367,000

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 1,093 $155,498,000 $142,000 $800,000 $71,000 $613,000
Not applicable 143 $47,990,000 $335,000 $11,835,000 $23,000 $200,000
Not Provided 84 $11,467,000 $136,000 $396,000 $61,000 $300,000
Black or African American 41 $5,575,000 $135,000 $417,000 $73,000 $252,000
Hispanic 18 $2,058,000 $114,000 $230,000 $51,000 $138,000
Asian 12 $1,877,000 $156,000 $295,000 $82,000 $315,000
American Indian or Alaskan Native 5 $590,000 $118,000 $186,000 $49,000 $102,000
Native Hawaiian or Other Pacific Islander 1 $172,000 $172,000 $172,000 $81,000 $81,000

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) 988 $164,108,000 $166,000 $11,835,000 $74,000 $613,000
FHA-insured (Federal Housing Administration) 312 $43,043,000 $137,000 $283,000 $42,000 $174,000
VA-guaranteed (Veterans Administration) 95 $17,675,000 $186,000 $520,000 $48,000 $159,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $401,000 $200,000 $296,000 $54,000 $79,000

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 711 $109,643,000 $154,000 $11,835,000 $71,000 $613,000
Loan Purchased By The Institution 315 $50,648,000 $160,000 $417,000 $55,000 $276,000
Application Denied By Financial Institution 188 $33,705,000 $179,000 $11,000,000 $58,000 $600,000
Application Withdrawn By Applicant 125 $22,969,000 $183,000 $3,200,000 $66,000 $425,000
Application Approved But Not Accepted 39 $5,636,000 $144,000 $660,000 $66,000 $224,000
File Closed For Incompleteness 19 $2,626,000 $138,000 $283,000 $61,000 $158,000
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
Credit History 49 $3,617,000 $73,000 $356,000 $58,000 $362,000
Collateral 22 $3,912,000 $177,000 $800,000 $106,000 $600,000
Debt-To-Income Ratio 21 $1,930,000 $91,000 $355,000 $54,000 $232,000
Other 16 $2,278,000 $142,000 $296,000 $59,000 $212,000
Credit Application Incomplete 14 $2,419,000 $172,000 $396,000 $60,000 $145,000
Unverifiable Information 6 $1,037,000 $172,000 $242,000 $50,000 $101,000
Insufficient Cash (Downpayment, Closing Cost) 4 $414,000 $103,000 $135,000 $43,000 $85,000
Employment History 1 $106,000 $106,000 $106,000 $140,000 $140,000
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