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 | 1,413 |
Total Mortgage Loan Application Amount | $199,003,000 |
Average Mortgage Loan Application Amount | $140,000 |
Highest Mortgage Loan Application Amount | $1,800,000 |
Average Applicant Income | $62,000 |
Highest Applicant Income | $1,050,000 |
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 |
* | $ 1,266,125,000,000 | 187 | $ 28,403,000 |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 596 LYNNHAVEN PARKWAY SUITE 200 VIRGINIA BEACH, VA 23452 |
* | $ 10,000,000 | 96 | $ 14,058,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 178,034,172,000 | 88 | $ 13,673,000 |
FREEDOM FIRST 5240 VALLEYPARK DRIVE ROANOKE, VA 24019 |
* | $ 292,115,000 | 65 | $ 8,098,000 |
STELLARONE BANK 1051 EAST CARY STREET, SUITE 1200 RICHMOND, VA 23219 |
* | $ 3,015,248,000 | 62 | $ 6,689,000 |
MEMBER ONE P.O. BOX 12288 ROANOKE, VA 24024 |
* | $ 585,609,000 | 61 | $ 3,733,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,896,773,000,000 | 61 | $ 8,641,000 |
SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 169,076,807,000 | 60 | $ 8,569,000 |
CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,313,401,000,000 | 52 | $ 5,310,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,474,077,383,000 | 42 | $ 6,064,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 345,088,616,000 | 40 | $ 7,094,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 38 | $ 5,619,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 35 | $ 3,834,000 |
CAROLINA BANK PO BOX 10209 GREENSBORO, NC 27404 |
* | $ 691,779,000 | 24 | $ 4,287,000 |
SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 169,076,807,000 | 23 | $ 887,000 |
VALLEY BANK 36 W CHURCH AVE ROANOKE, VA 24011 |
* | $ 763,784,000 | 18 | $ 4,167,000 |
CORRIDOR MORTGAGE GROUP, INC. 11085 STRATFIELD COURT MARRIOTTSVILLE, MD 21104 |
* | $ 605,000,000 | 18 | $ 3,725,000 |
ALCOVA MORTGAGE LLC 308 MARKET ST, SE ROANOKE, VA 24011 |
* | $ 710,000 | 17 | $ 2,815,000 |
DISCOVER HOME LOANS, INC. 173 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 73,491,315,000 | 13 | $ 2,337,000 |
C & F MORTGAGE CORPORATION 1400 ALVERSER DRIVE MIDLOTHIAN, VA 23113 |
* | $ 189,567,000 | 13 | $ 1,337,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 13 | $ 1,694,000 |
PRIMARY RESIDENTIAL MORTGAGE, INC. 1480 N 2200 W SALT LAKE CITY, UT 84116 |
* | $ 242,587,000 | 13 | $ 1,611,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 12 | $ 2,490,000 |
VANDERBILT MORTGAGE AND FINANCE, INC. 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ 31,000,000 | 12 | $ 893,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 58,597,476,000 | 12 | $ 1,985,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 295,026,390,000 | 12 | $ 1,633,000 |
PENNYMAC LOAN SERVICES LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 11 | $ 1,971,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 11 | $ 1,445,000 |
TOWNE BANK 5716 HIGH STREET WEST PORTSMOUTH, VA 23703 |
* | $ 4,405,926,000 | 9 | $ 1,489,000 |
FIRST BANK PO BOX 508 TROY, NC 27371 |
* | $ 3,244,951,000 | 9 | $ 1,016,000 |
SALEM VA CREDIT UNION 1970 ROANOKE BLVD BLDG 77 SUITE 12 SALEM, VA 24153 |
* | $ 70,825,000 | 8 | $ 128,000 |
FIRST-CITIZENS BANK & TRUST COMPANY 4300 SIX FORKS ROAD FCC 21 RALEIGH, NC 27609 |
* | $ 20,908,181,000 | 8 | $ 1,530,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 9,864,946,000 | 7 | $ 528,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 52,436,123,000 | 7 | $ 1,014,000 |
BLUE EAGLE CREDIT UNION 2121 ELECTRIC RD ROANOKE, VA 24018 |
* | $ 109,168,000 | 7 | $ 409,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 7 | $ 822,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ 6,680,971,000 | 7 | $ 1,073,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 6 | $ 1,010,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 6 | $ 924,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 6 | $ 922,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 119,444,656,000 | 5 | $ 871,000 |
LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 2,731,663,000 | 5 | $ 602,000 |
DUPONT COMMUNITY 140 LUCY LANE WAYNESBORO, VA 22980 |
* | $ 841,555,000 | 4 | $ 475,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 14,069,057,000 | 4 | $ 952,000 |
PENTAGON FEDERAL CREDIT UNION 7940 JONES BRANCH DRIVE TYSONS, VA 22102 |
* | $ 15,532,278,000 | 4 | $ 1,419,000 |
ROUNDPOINT MORTGAGE COMPANY 5032 PARKWAY PLAZA BLVD, STE 200 CHARLOTTE, NC 28278 |
* | $ 10,000,000 | 4 | $ 824,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 4 | $ 1,039,000 |
STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 14,247,622,000 | 4 | $ 645,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 18,212,833,000 | 4 | $ 838,000 |
PROSPERITY MORTGAGE COMPANY 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 608,788,563,000 | 4 | $ 531,000 |
GFS CAPITAL 6499 HAVENWOOD CIRCLE HUNTINGTON BEACH, CA 92648 |
* | $ 10,000,000 | 4 | $ 689,000 |
STONEGATE MORTGAGE CORPORATION 9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
* | $ 10,000,000 | 3 | $ 511,000 |
CREDIT UNION MORTGAGE ASSOCIATION, INC. 10800 MAIN STREET FAIRFAX, VA 22030 |
* | $ 435,000,000 | 3 | $ 473,000 |
NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 3 | $ 324,000 |
HOMETOWN BANK PO BOX 21769 ROANOKE, VA 24018 |
* | $ 370,354,000 | 3 | $ 178,000 |
PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ 10,000,000 | 3 | $ 547,000 |
COLONIAL SAVINGS, F.A. P O BOX 2988 FORT WORTH, TX 76113 |
* | $ 1,105,077,000 | 3 | $ 430,000 |
AMERICAN BANK 9001 EDMONSTON ROAD SUITE 100 GREENBELT, MD 20770 |
* | $ 429,180,000 | 3 | $ 719,000 |
ROANOKE VALLEY COMMUNITY CU 723 5TH STREET NE ROANOKE, VA 24016 |
* | $ 63,908,000 | 3 | $ 31,000 |
BANK OF BOTETOURT 19747 MAIN STREET BUCHANAN, VA 24066 |
* | $ 295,276,000 | 3 | $ 515,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ 10,000,000 | 3 | $ 582,000 |
MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ 35,000,000,000 | 3 | $ 524,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ 3,642,000 | 2 | $ 482,000 |
F & M BANK CORP. PO BOX 1111 TIMBERVILLE, VA 22853 |
* | $ 595,573,000 | 2 | $ 205,000 |
MANUFACTURERS AND TRADERS TRUST COMPANY 701 SENECA STREET - SUITE 330N BUFFALO, NY 14210 |
* | $ 82,086,021,000 | 2 | $ 333,000 |
FIRSTBANK 11 CHANNING WAY JACKSON, TN 38305 |
* | $ 2,230,791,000 | 2 | $ 381,000 |
RESIDENTIAL FINANCE CORPORATIO 1 EASTON OVAL #400 COLUMBUS, OH 43219 |
* | $ 17,533,484,000 | 2 | $ 351,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 2 | $ 280,000 |
SOUTHERN TRUST MORTGAGE LLC 4433 CORPORATION LANE, SUITE 300 VIRGINIA BEACH, VA 23462 |
* | $ 935,253,000 | 2 | $ 239,000 |
SIERRA PACIFIC MORTGAGE COMPANY, INC. 1180 IRON POINT RD, SUITE 200 FOLSOM, CA 95630 |
* | $ 10,000,000 | 2 | $ 304,000 |
HOMEOWNERS MORTGAGE OF AMERICA 100 GALLERIA PARKWAY STE 1400 ATLANTA, GA 30339 |
* | $ 10,000,000 | 2 | $ 238,000 |
CAPITAL CENTER, L.L.C. 4510 COX ROAD STE 402 GLEN ALLEN, VA 23060 |
* | $ 10,000,000 | 2 | $ 326,000 |
VILLAGE BANK MORTGAGE CORPORATION 13305 MIDLOTHIAN TURNPIKE MIDLOTHIAN, VA 23113 |
* | $ 300,960,000 | 2 | $ 185,000 |
GEORGE MASON MORTGAGE LLC 4100 MONUMENT CORNER DRIVE #100 FAIRFAX, VA 22030 |
* | $ 630,414,000 | 2 | $ 457,000 |
WYNDHAM CAPITAL MORTGAGE, INC. 6115 PARK SOUTH DRIVE, STE 200 CHARLOTTE, NC 28210 |
* | $ 10,000,000 | 2 | $ 595,000 |
HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ 3,809,880,000 | 2 | $ 282,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ 10,000,000 | 2 | $ 128,000 |
MORTGAGE INVESTORS CORP 6090 CENTRAL AVE ST. PETERSBURG, FL 33707 |
* | $ 10,000,000 | 2 | $ 361,000 |
FIRST COMMUNITY MORTGAGE, INC. 275 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ 10,000,000 | 1 | $ 163,000 |
MCLEAN MORTGAGE CORPORATION 11325 RANDOM HILLS RD. SUITE 400 FAIRFAX, VA 22030 |
* | $ 50,010,000 | 1 | $ 254,000 |
MILITARY FAMILY HOME LOANS, LL 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 1,102,281,049,000 | 1 | $ 78,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ 10,000,000 | 1 | $ 100,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ 10,000,000 | 1 | $ 417,000 |
NETWORK CAPITAL FUNDING CORPORATION 5 PARK PLAZA #800 IRVINE, CA 92614 |
* | $ 52,388,000 | 1 | $ 141,000 |
LEADERONE FINANCIAL CORPORATION 7500 COLLEGE BLVD SUITE 1150 OVERLAND PARK, KS 66210 |
* | $ 100,000,000 | 1 | $ 262,000 |
SOUTHWEST STAGE FUNDING, LLC 3345 S. VAL VISTA DRIVE, SUITE 300 GILBERT, AZ 85297 |
* | $ 5,889,539,000 | 1 | $ 103,000 |
MILEND, INC. 375 NORTHRIDGE RD, SUITE 600 ATLANTA, GA 30350 |
* | $ 10,000,000 | 1 | $ 145,000 |
GUARANTY TRUST COMPANY 316 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ 225,000,000 | 1 | $ 333,000 |
CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ 10,000,000 | 1 | $ 195,000 |
CMG MORTGAGE, INC. 3160 CROW CANYON ROAD, SUITE 400 SAN RAMON, CA 94583 |
* | $ 100,000,000 | 1 | $ 173,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ 40,000,000 | 1 | $ 146,000 |
STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ 10,000,000 | 1 | $ 182,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 1 | $ 191,000 |
NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ 4,410,000 | 1 | $ 282,000 |
ALLY BANK 2101 REXFORD ROAD, SUITE 350W CHARLOTTE, NC 28211 |
* | $ 94,795,926,000 | 1 | $ 136,000 |
PRIMARY CAPITAL 1000 PARKWOOD CIRCLE, SUITE 600 ATLANTA, GA 30339 |
* | $ 10,000,000 | 1 | $ 83,000 |
MASON MCDUFFIE MORTGAGE CORPORATION 2010 CROW CANYON PLACE, #400 SAN RAMON, CA 94583 |
* | $ 1,300,000 | 1 | $ 183,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ 40,000,000 | 1 | $ 82,000 |
FIRST CAPITAL BANK 4222 COX RD. GLEN ALLEN, VA 23060 |
* | $ 542,663,000 | 1 | $ 63,000 |
MONARCH BANK 1435 CROSSWAYS BOULEVARD, SUITE 101 CHESAPEAKE, VA 23320 |
* | $ 1,214,633,000 | 1 | $ 129,000 |
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION 2000 WESTCHESTER AVE PURCHASE, NY 10577 |
* | $ 16,553,533,000 | 1 | $ 65,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ 10,000,000 | 1 | $ 198,000 |
HOME FINANCE OF AMERICA 521 PLYMOUTH ROAD, SUITE 112 PLYMOUTH MEETING, PA 19462 |
* | $ 17,371,000 | 1 | $ 296,000 |
OCEANSIDE MORTGAGE COMPANY 55 MAIN ST TOMS RIVER, NJ 08753 |
* | $ 10,000,000 | 1 | $ 171,000 |
MEMBER OPTIONS LLC 1936 ARLINGTONG BLVD. CHARLOTTESVILLE, VA 22903 |
* | $ 32,364,000 | 1 | $ 100,000 |
FIRST FINANCIAL SERVICES, INC. 6230 FAIRVIEW RD, 450 CHARLOTTE, NC 28210 |
* | $ 842,786,000 | 1 | $ 173,000 |
CALIBER FUNDING LLC 6031 CONNECTION DRIVE, SUITE 200 IRVING, TX 75039 |
* | $ 37,112,000 | 1 | $ 185,000 |
VIRGINIA CREDIT UNION, INC. PO BOX 90010 RICHMOND, VA 23225 |
* | $ 2,385,518,000 | 1 | $ 133,000 |
ATLANTA POSTAL 1605 BOGGS ROAD DULUTH, GA 30096 |
* | $ 2,030,878,000 | 1 | $ 98,000 |
CARTER BANK & TRUST PO BOX 3748 MARTINSVILLE, VA 24115 |
* | $ 4,442,297,000 | 1 | $ 120,000 |
PEOPLES BANK 4831 W 6TH ST LAWRENCE, KS 66049 |
* | $ 467,666,000 | 1 | $ 137,000 |
BOKF, NATIONAL ASSOCIATION ONE WEST 3RD, 5TH FL TULSA, OK 74103 |
* | $ 27,934,078,000 | 1 | $ 122,000 |
BANK OF FLOYD P O BOX 215 FLOYD, VA 24091 |
* | $ 278,280,000 | 1 | $ 73,000 |
ADMIRALS BANK 15 PARK ROW WEST PROVIDENCE, RI 02903 |
* | $ 646,232,000 | 1 | $ 25,000 |
BANC OF CALIFORNIA, NA 18500 VON KARMAN AVENUE SUITE 1100 IRVINE, CA 92612 |
* | $ 1,369,414,000 | 1 | $ 99,000 |
THE FEDERAL SAVINGS BANK 300 N ELIZABETH STREET, STE 3E CHICAGO, IL 60607 |
* | $ 237,816,000 | 1 | $ 166,000 |
UBS AG, TAMPA BRANCH 3000 BAYPORT TAMPA, FL 33607 |
* | $ 33,878,000 | 1 | $ 217,000 |
PROVIDENT BANK 400 RELLA BLVD MONTEBELLO, NY 10901 |
* | $ 3,785,370,000 | 1 | $ 220,000 |
MAGNOLIA BANK 794 OLD ELIZABETHTOWN RD HODGENVILLE, KY 42748 |
* | $ 137,781,000 | 1 | $ 142,000 |
NATIONAL BANK OF KANSAS CITY 10700 NALL AVENUE OVERLAND PARK, KS 66211 |
* | $ 627,435,000 | 1 | $ 261,000 |
ACCESS NATIONAL BANK 1800 ROBERT FULTON DR RESTON, VA 20191 |
* | $ 862,757,000 | 1 | $ 108,000 |
FRANKLIN COMMUNITY BANK, N. A. 400 OLD FRANKLIN TURNPIKE, N. A. ROCKY MOUNT, VA 24151 |
* | $ 182,484,000 | 1 | $ 112,000 |
CERTUSBANK, N.A. 2 WEST WASHINGTON STREET 5TH FLOOR GREENVILLE, SC 29601 |
* | $ 1,822,137,000 | 1 | $ 264,000 |
UNITED SECURITY FINANCIAL CORP 930 EAST 6600 SOUTH MURRAY, UT 84121 |
* | $ 10,000,000 | 1 | $ 139,000 |
HOMEPROMISE CORPORATION 60 S WASHINGTON ST, STE 106 GREENCASTLE, PA 17225 |
* | $ 100,000,000 | 1 | $ 173,000 |
MORTGAGE CAPITAL ASSOCIATES, INC. 11150 W OYMPIC BLVD. STE. 1160 LOS ANGELES, CA 90064 |
* | $ 10,000,000 | 1 | $ 144,000 |
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 | 856 | $124,534,000 | $145,000 | $995,000 | $67,000 | $1,050,000 |
Home Purchase | 454 | $69,893,000 | $153,000 | $1,800,000 | $56,000 | $1,000,000 |
Home Improvement | 103 | $4,576,000 | $44,000 | $375,000 | $49,000 | $122,000 |
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 | 1,074 | $150,200,000 | $139,000 | $995,000 | $69,000 | $1,050,000 |
Not applicable | 188 | $29,669,000 | $157,000 | $1,800,000 | $20,000 | $227,000 |
Not Provided | 98 | $11,869,000 | $121,000 | $360,000 | $69,000 | $414,000 |
Black or African American | 29 | $4,257,000 | $146,000 | $417,000 | $56,000 | $308,000 |
Hispanic | 10 | $1,029,000 | $102,000 | $177,000 | $54,000 | $79,000 |
Asian | 7 | $1,115,000 | $159,000 | $242,000 | $75,000 | $104,000 |
American Indian or Alaskan Native | 6 | $668,000 | $111,000 | $161,000 | $29,000 | $86,000 |
Native Hawaiian or Other Pacific Islander | 1 | $196,000 | $196,000 | $196,000 | $71,000 | $71,000 |
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) | 1,047 | $144,253,000 | $137,000 | $1,800,000 | $70,000 | $1,050,000 |
FHA-insured (Federal Housing Administration) | 256 | $37,119,000 | $144,000 | $285,000 | $39,000 | $216,000 |
VA-guaranteed (Veterans Administration) | 108 | $17,231,000 | $159,000 | $388,000 | $43,000 | $190,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $400,000 | $200,000 | $202,000 | $60,000 | $60,000 |
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 | 740 | $102,150,000 | $138,000 | $1,800,000 | $68,000 | $662,000 |
Loan Purchased By The Institution | 314 | $49,117,000 | $156,000 | $368,000 | $47,000 | $1,000,000 |
Application Denied By Financial Institution | 182 | $22,935,000 | $126,000 | $995,000 | $63,000 | $1,050,000 |
Application Withdrawn By Applicant | 107 | $15,144,000 | $141,000 | $388,000 | $61,000 | $272,000 |
File Closed For Incompleteness | 40 | $5,885,000 | $147,000 | $417,000 | $77,000 | $246,000 |
Application Approved But Not Accepted | 30 | $3,772,000 | $125,000 | $243,000 | $54,000 | $150,000 |
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 | 50 | $5,136,000 | $102,000 | $995,000 | $61,000 | $1,050,000 |
Debt-To-Income Ratio | 27 | $3,352,000 | $124,000 | $364,000 | $51,000 | $121,000 |
Collateral | 20 | $3,753,000 | $187,000 | $298,000 | $100,000 | $250,000 |
Credit Application Incomplete | 12 | $1,509,000 | $125,000 | $300,000 | $94,000 | $260,000 |
Other | 10 | $991,000 | $99,000 | $261,000 | $61,000 | $157,000 |
Unverifiable Information | 4 | $492,000 | $123,000 | $177,000 | $110,000 | $216,000 |
Insufficient Cash (Downpayment, Closing Cost) | 4 | $430,000 | $107,000 | $208,000 | $62,000 | $111,000 |
Employment History | 1 | $168,000 | $168,000 | $168,000 | $91,000 | $91,000 |
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.