Salem County VA
Mortgage Loan Application
Totals and Details
for 2015

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 1,026
Total Mortgage Loan Application Amount $156,998,000
Average Mortgage Loan Application Amount $153,000
Highest Mortgage Loan Application Amount $4,300,000
Average Applicant Income $62,000
Highest Applicant Income $676,000

Mortgage Company List for Lending in Salem County VA for 2015

* 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
* $ 1,532,784,000,000 109 $ 15,007,000
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 91 $ 14,615,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 48 $ 8,862,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 42 $ 5,644,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 34 $ 5,306,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 33 $ 1,874,000
FREEDOM FIRST
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 356,760,000 31 $ 3,723,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 30 $ 4,158,000
CAROLINA BANK
PO BOX 10209
GREENSBORO, NC 27404
* $ 679,799,000 26 $ 3,989,000
MEMBER ONE
P.O. BOX 12288
ROANOKE, VA 24024
* $ 680,581,000 25 $ 953,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 25 $ 3,726,000
BANK OF NORTH CAROLINA
3980 PREMIER DR. STE 150
HIGH POINT, NC 27265
* $ 4,069,900,000 24 $ 3,974,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 22 $ 3,814,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 20 $ 3,239,000
CORRIDOR MORTGAGE GROUP, INC.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ 605,000,000 18 $ 2,846,000
INTEGRITY HOME MORTGAGE CORPORATION
122 PILOT CIRCLE
WINCHESTER, VA 22602
* $ 1,000,000,000 18 $ 2,603,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 17 $ 2,180,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 17 $ 2,133,000
ALCOVA MORTGAGE LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ 710,000 17 $ 2,497,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 16 $ 2,482,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 21,553,919,000 13 $ 3,089,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 12 $ 2,484,000
UNION MORTGAGE GROUP, INC.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 7,333,085,000 12 $ 1,851,000
HOMETOWN BANK
PO BOX 21769
ROANOKE, VA 24018
* $ 428,209,000 12 $ 5,775,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 11 $ 1,399,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 11 $ 1,926,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ 10,000,000 10 $ 1,572,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 10 $ 1,309,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 9 $ 1,366,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 9 $ 1,676,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,356,442,000,000 8 $ 1,120,000
UNION BANK & TRUST
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 7,333,085,000 8 $ 933,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 7 $ 1,156,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 7 $ 1,049,000
BANK OF BOTETOURT
19747 MAIN STREET
BUCHANAN, VA 24066
* $ 313,743,000 6 $ 1,008,000
BLUE EAGLE CREDIT UNION
2121 ELECTRIC RD
ROANOKE, VA 24018
* $ 128,543,000 6 $ 675,000
HOMETRUST BANK
PO BOX 10
ASHEVILLE, NC 28802
* $ 2,615,026,000 6 $ 1,681,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 5 $ 964,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 5 $ 1,047,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ATLANTA, GA 30350
* $ 10,000,000 5 $ 857,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 5 $ 637,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 4 $ 808,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 4 $ 609,000
ROANOKE VALLEY COMMUNITY CU
723 5TH STREET NE
ROANOKE, VA 24016
* $ 67,307,000 4 $ 360,000
SALEM VA CREDIT UNION
1970 ROANOKE BLVD BLDG 77 SUITE 12
SALEM, VA 24153
* $ 78,277,000 4 $ 312,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 3 $ 520,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 3 $ 408,000
CAPITAL CENTER, L.L.C.
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 3 $ 358,000
MONARCH BANK
1435 CROSSWAYS BOULEVARD, SUITE 101
CHESAPEAKE, VA 23320
* $ 1,066,426,000 3 $ 580,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 3 $ 492,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 3 $ 552,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 458,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 3 $ 229,000
DISCOVER HOME LOANS, INC
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 3 $ 500,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 136,279,317,000 2 $ 354,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 2 $ 440,000
NATIONWIDE BANK
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 6,265,793,000 2 $ 212,000
NATIONAL BANKSHARES, INC.
P.O. BOX 90002
BLACKSBURG, VA 24062
* $ 1,152,528,000 2 $ 238,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 2 $ 315,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 2 $ 352,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 2 $ 411,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 2 $ 243,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 2 $ 255,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 255,011,219,000 2 $ 286,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 28,953,664,000 2 $ 365,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,281,397,000 2 $ 405,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 2 $ 371,000
LAFAYETTE FEDERAL CREDIT UNION
2701 TOWER OAKS BLVD.,
ROCKVILLE, MD 20852
* $ 396,481,000 2 $ 37,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 2 $ 585,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ 10,000,000 2 $ 341,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 2 $ 283,000
FIRST BANCORP, INC.
PO BOX 1000
ABINGDON, VA 24212
* $ 1,389,052,000 2 $ 423,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 468,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 90,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 103,000
REVERSE MORTGAGE FUNDING LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ 0 1 $ 144,000
TRULIANT FEDERAL CREDIT UNION
3200 TRULIANT WAY
WINSTON-SALEM, NC 27103
* $ 1,770,509,000 1 $ 75,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 153,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 307,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,424,729,000 1 $ 168,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 155,000
FIRST COMMUNITY BANK
29 COLLEGE DR
BLUEFIELD, VA 24605
* $ 2,584,917,000 1 $ 264,000
DUPONT COMMUNITY
140 LUCY LANE
WAYNESBORO, VA 22980
* $ 950,319,000 1 $ 101,000
FIRST SECURITY BANK, INC.
PO BOX 788
OWENSBORO, KY 42302
* $ 546,102,000 1 $ 169,000
BANK OF FLOYD
P O BOX 215
FLOYD, VA 24091
* $ 275,049,000 1 $ 30,000
FIRST INTERNET BANK OF INDIANA
11201 USA PARKWAY
FISHERS, IN 46037
* $ 968,312,000 1 $ 275,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 421,350,000 1 $ 102,000
TOWNE BANK
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 4,982,485,000 1 $ 79,000
FAY SERVICING, LLC
400 S. LA SALLE STREET, STE 2000
CHICAGO, IL 60605
* $ 25,961,064,000 1 $ 105,000
MIDLAND MORTGAGE CORPORATION
1500 RICHLAND STREET
COLUMBIA, SC 29201
* $ 10,000,000 1 $ 143,000
FIRST DIRECT LENDING LLC
15261 LAGUNA CANYON ROAD, SUITE 200
IRVINE, CA 92618
* $ 0 1 $ 176,000
LOWER, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ 29,436,748,000 1 $ 206,000
THE BANK OF FINCASTLE
POST OFFICE BOX 107, 17 SOUTH ROANOKE STREET
FINCASTLE, VA 24090
* $ 219,042,000 1 $ 489,000
THE FARMERS & MERCHANTS BANK OF CRAIG COUNTY
P.O. BOX 400/189 MAIN STREET
NEW CASTLE, VA 24127
* $ 55,743,000 1 $ 55,000
NEWDOMINION BANK
1111 METROPOLITAN AVENUE SUITE 500
CHARLOTTE, NC 28204
* $ 299,769,000 1 $ 40,000
JAMES B. NUTTER & COMPANY
4153 BROADWAY
KANSAS CITY, MO 64111
* $ 145,480,000 1 $ 295,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,052,329,000 1 $ 76,000
UBS AG, TAMPA BRANCH
3000 BAYPORT
TAMPA, FL 33607
* $ 9,378,000 1 $ 294,000
SELF-HELP CREDIT UNION
301 W MAIN STREET
DURHAM, NC 27701
* $ 674,100,000 1 $ 154,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ 42,331,494,000 1 $ 129,000
BANK OF THE JAMES
828 MAIN STREET
LYNCHBURG, VA 24504
* $ 460,960,000 1 $ 143,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 95,920,564,000 1 $ 217,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 17,796,419,000 1 $ 88,000
SECURITY AMERICA MORTGAGE, INC.
7514 SHADYVILLA LN, STE A
HOUSTON, TX 77055
* $ 50,984,000 1 $ 77,000
VIRGINIA CREDIT UNION, INC.
PO BOX 90010
RICHMOND, VA 23225
* $ 2,681,182,000 1 $ 27,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 1 $ 108,000
LENOX FINANCIAL MORTGAGE CORPORATION
200 E. SANDPOINTE SUITE 800
SANTA ANA, CA 92707
* $ 39,000,000 1 $ 316,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 81,661,915,000 1 $ 35,000
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC.
3820 NORTHDALE BLVD STE 111A
TAMPA, FL 33624
* $ 1,847,619,000 1 $ 249,000
ATLANTIC COAST MORTGAGE, LLC
4100 MONUMENT CORNER DRIVE, SUITE 300
FAIRFAX, VA 22030
* $ 12,751,000 1 $ 158,000
MB FINANCIAL BANK, NATIONAL ASSOCIATION
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 9,910,776,000 1 $ 132,000
THIRD FEDERAL SAVINGS AND LOAN ASSOCIATION OF CLEVELAND
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 12,036,491,000 1 $ 110,000
STATE EMPLOYEES'
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 29,477,544,000 1 $ 40,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 27,356,000,000 1 $ 155,000
ACOPIA, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 1 $ 167,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 177,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 113,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 229,000
ARMED FORCES BANK, NATIONAL ASSOCIATION
1111 MAIN ST SUITE 1600
KANSAS CITY, MO 64105
* $ 1,672,142,000 1 $ 402,000
INTEGRITY FIRST FINANCIAL GROUP, INC.
6333 GREENWICH DRIVE SUITE 280
SAN DIEGO, CA 92122
* $ 26,494,000 1 $ 153,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 180,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 216,000
APPLE FEDERAL CREDIT UNION
4029 RIDGE TOP RD
FAIRFAX, VA 22030
* $ 2,015,055,000 1 $ 160,000
SOUTH STATE BANK
520 GERVAIS STREET
COLUMBIA, SC 29201
* $ 7,827,707,000 1 $ 241,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 163,000
CIS FINANCIAL SERVICES, INC.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 159,000
SEVERN SAVINGS BANK, FSB DBA SEVERN BANK
200 WESTGATE CIRCLE SUITE 200
ANNAPOLIS, MD 21401
* $ 772,697,000 1 $ 179,000
FLAGSTAR BANK
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 1 $ 193,000

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 2015

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
Home Purchase 486 $81,559,000 $167,000 $4,300,000 $60,000 $676,000
Refinancing 454 $72,769,000 $160,000 $740,000 $63,000 $562,000
Home Improvement 86 $2,670,000 $31,000 $417,000 $68,000 $350,000

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 749 $107,162,000 $143,000 $580,000 $69,000 $676,000
Not applicable 156 $31,360,000 $201,000 $4,300,000 $17,000 $310,000
Not Provided 79 $12,272,000 $155,000 $413,000 $69,000 $350,000
Black or African American 24 $2,970,000 $123,000 $279,000 $60,000 $144,000
Asian 8 $1,931,000 $241,000 $740,000 $147,000 $478,000
Hispanic 7 $875,000 $125,000 $179,000 $88,000 $241,000
American Indian or Alaskan Native 2 $224,000 $112,000 $114,000 $51,000 $57,000
Native Hawaiian or Other Pacific Islander 1 $204,000 $204,000 $204,000 $101,000 $101,000

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) 691 $106,121,000 $153,000 $4,300,000 $74,000 $676,000
FHA-insured (Federal Housing Administration) 241 $33,946,000 $140,000 $271,000 $34,000 $135,000
VA-guaranteed (Veterans Administration) 94 $16,931,000 $180,000 $413,000 $42,000 $172,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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 548 $87,375,000 $159,000 $4,300,000 $72,000 $676,000
Loan Purchased By The Institution 209 $33,090,000 $158,000 $505,000 $36,000 $310,000
Application Denied By Financial Institution 135 $16,534,000 $122,000 $740,000 $55,000 $478,000
Application Withdrawn By Applicant 85 $12,509,000 $147,000 $454,000 $74,000 $562,000
File Closed For Incompleteness 27 $4,065,000 $150,000 $417,000 $53,000 $151,000
Application Approved But Not Accepted 22 $3,425,000 $155,000 $499,000 $69,000 $337,000
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 31 $1,967,000 $63,000 $715,000 $44,000 $155,000
Debt-To-Income Ratio 19 $2,570,000 $135,000 $519,000 $52,000 $164,000
Credit Application Incomplete 13 $2,036,000 $156,000 $280,000 $46,000 $132,000
Collateral 11 $2,258,000 $205,000 $740,000 $93,000 $478,000
Other 8 $850,000 $106,000 $244,000 $75,000 $241,000
Unverifiable Information 3 $185,000 $61,000 $98,000 $26,000 $35,000
Employment History 2 $159,000 $79,000 $153,000 $36,000 $51,000
Insufficient Cash (Downpayment, Closing Cost) 2 $387,000 $193,000 $268,000 $83,000 $129,000
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