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 | 1,071 |
Total Mortgage Loan Application Amount | $168,355,000 |
Average Mortgage Loan Application Amount | $157,000 |
Highest Mortgage Loan Application Amount | $1,155,000 |
Average Applicant Income | $85,000 |
Highest Applicant Income | $634,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 596 LYNNHAVEN PARKWAY SUITE 200 VIRGINIA BEACH, VA 23452 |
* | $ -1,000 | 88 | $ 14,500,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,689,351,000,000 | 83 | $ 14,005,000 |
MEMBER ONE P.O. BOX 12288 ROANOKE, VA 24024 |
* | $ 1,011,861,000 | 59 | $ 4,875,000 |
ATLANTIC UNION BANK 1051 EAST CARY STREET, SUITE 1200 RICHMOND, VA 23219 |
* | $ 13,732,008,000 | 49 | $ 5,065,000 |
MOVEMENT MORTGAGE, LLC 8024 CALVIN HALL ROAD INDIAN LAND, SC 29707 |
* | $ -1,000 | 45 | $ 7,785,000 |
SUNTRUST BANKS, INC. P.O. BOX 4418, MAIL CODE 663 ATLANTA, GA 30302 |
* | $ 209,720,480,000 | 43 | $ 4,225,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 219,071,000,000 | 40 | $ 3,560,000 |
FREEDOM FIRST 5240 VALLEYPARK DRIVE ROANOKE, VA 24019 |
* | $ 600,939,000 | 35 | $ 4,325,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ -1,000 | 31 | $ 4,785,000 |
INTEGRITY HOME MORTGAGE CORPORATION 122 PILOT CIRCLE WINCHESTER, VA 22602 |
* | $ -1,000 | 30 | $ 5,890,000 |
FIRST-CITIZENS BANK & TRUST COMPANY 4300 SIX FORKS ROAD FCC 21 RALEIGH, NC 27609 |
* | $ 35,267,496,000 | 30 | $ 4,000,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 29 | $ 5,155,000 |
ALCOVA MORTGAGE LLC 308 MARKET ST, SE ROANOKE, VA 24011 |
* | $ -1,000 | 25 | $ 4,385,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 19 | $ 3,365,000 |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 700 EAST GATE DRIVE, SUITE 400 MT. LAUREL, NJ 08054 |
* | $ -1,000 | 18 | $ 3,260,000 |
PINNACLE BANK 150 3RD AVE SOUTH NASHVILLE, TN 37201 |
* | $ 24,904,500,000 | 17 | $ 2,285,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 16 | $ 2,410,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 16 | $ 2,290,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 16 | $ 3,280,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 459,476,604,000 | 12 | $ 2,110,000 |
RENASANT BANK 209 TROY ST., P.O. BOX 709 TUPELO, MS 38802 |
* | $ 12,915,178,000 | 12 | $ 2,720,000 |
PROSPERITY HOME MORTGAGE, LLC 14501 GEORGE CARTER WAY SUITE 300 CHANTILLY, VA 20151 |
* | $ -1,000 | 12 | $ 1,880,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,218,960,000,000 | 11 | $ 1,825,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,782,639,000,000 | 11 | $ 1,005,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 11 | $ 2,145,000 |
SWBC MORTGAGE CORPORATION 9311 SAN PEDRO AVENUE STE 100 SAN ANTONIO, TX 78216 |
* | $ -1,000 | 10 | $ 1,880,000 |
AMERICAN NATIONAL BANK AND TRUST COMPANY 628 MAIN STREET DANVILLE, VA 24541 |
* | $ 1,853,057,000 | 10 | $ 2,310,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 96,962,446,000 | 9 | $ 1,415,000 |
BANK OF BOTETOURT 19747 MAIN STREET BUCHANAN, VA 24066 |
* | $ 435,765,000 | 8 | $ 1,570,000 |
CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 129,426,633,000 | 7 | $ 1,185,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 81,602,818,000 | 7 | $ 1,085,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 7 | $ 1,265,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 6 | $ 1,190,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 6 | $ 860,000 |
FIRST RELIANCE BANK 2170 W PALMETTO ST FLORENCE, SC 29501 |
* | $ 583,054,000 | 6 | $ 1,300,000 |
DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 108,015,112,000 | 6 | $ 270,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 6 | $ 1,170,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 36,899,806,000 | 5 | $ 605,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 5 | $ 755,000 |
BLUE EAGLE CREDIT UNION 2121 ELECTRIC RD ROANOKE, VA 24018 |
* | $ 148,599,000 | 5 | $ 235,000 |
OVM FINANCIAL, INC. 816 GREENBRIER CIRCLE SUITE 100 CHESAPEAKE, VA 23320 |
* | $ -1,000 | 4 | $ 600,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 4 | $ 700,000 |
RESIDENTIAL MORTGAGE SERVICES, INC. 24 CHRISTOPHER TOPPI DRIVE SOUTH PORTLAND, ME 04106 |
* | $ -1,000 | 4 | $ 560,000 |
BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 2,135,647,000 | 4 | $ 1,150,000 |
WYNDHAM CAPITAL MORTGAGE, INC. 6115 PARK SOUTH DRIVE, STE 200 CHARLOTTE, NC 28210 |
* | $ -1,000 | 4 | $ 550,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 4 | $ 680,000 |
CMG MORTGAGE, INC. 3160 CROW CANYON ROAD, SUITE 400 SAN RAMON, CA 94583 |
* | $ -1,000 | 4 | $ 660,000 |
J.G. WENTWORTH HOME LENDING, LLC 3350 COMMISSION COURT WOODBRIDGE, VA 22192 |
* | $ -1,000 | 4 | $ 1,340,000 |
HOMETOWN BANK PO BOX 21769 ROANOKE, VA 24018 |
* | $ 564,879,000 | 3 | $ 395,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ -1,000 | 3 | $ 495,000 |
PENTAGON FEDERAL CREDIT UNION 7940 JONES BRANCH DRIVE TYSONS, VA 22102 |
* | $ 24,484,751,000 | 3 | $ 475,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ -1,000 | 3 | $ 565,000 |
DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 3 | $ 335,000 |
AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ -1,000 | 3 | $ 425,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 370,500,928,000 | 3 | $ 375,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 17,230,779,000 | 3 | $ 275,000 |
STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 16,933,790,000 | 3 | $ 495,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 2 | $ 490,000 |
THE FEDERAL SAVINGS BANK 300 N ELIZABETH STREET, STE 3E CHICAGO, IL 60607 |
* | $ 395,677,000 | 2 | $ 440,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 18,466,868,000 | 2 | $ 480,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ -1,000 | 2 | $ 700,000 |
VANDERBILT MORTGAGE AND FINANCE, INC. 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ -1,000 | 2 | $ 170,000 |
LOWER, LLC 5950 SYMPHONY WOODS DRIVE COLUMBIA, MD 21044 |
* | $ -1,000 | 2 | $ 170,000 |
FIRSTBANK 11 CHANNING WAY JACKSON, TN 38305 |
* | $ 5,133,339,000 | 2 | $ 240,000 |
SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ -1,000 | 2 | $ 460,000 |
CHOU TEAM REALTY, LLC 25391 COMMERCENTRE DRIVE LAKE FOREST, CA 92630 |
* | $ -1,000 | 2 | $ 290,000 |
TEXANA BANK, NATIONAL ASSOCIATION PO BOX 546 LINDEN, TX 75563 |
* | $ 210,848,000 | 2 | $ 550,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 2 | $ 160,000 |
SPRING EQ, LLC 2929 ARCH ST PHILADELPHIA, PA 19104 |
* | $ -1,000 | 2 | $ 60,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ -1,000 | 2 | $ 430,000 |
BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 2 | $ 800,000 |
NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 2,185,032,000 | 2 | $ 280,000 |
STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ -1,000 | 2 | $ 380,000 |
HOMETRUST BANK PO BOX 10 ASHEVILLE, NC 28802 |
* | $ 3,409,271,000 | 2 | $ 900,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 1 | $ 75,000 |
OLD NATIONAL BANK ONE MAIN STREET EVANSVILLE, IN 47708 |
* | $ 19,633,838,000 | 1 | $ 215,000 |
THE BANK OF FINCASTLE POST OFFICE BOX 107, 17 SOUTH ROANOKE STREET FINCASTLE, VA 24090 |
* | $ 207,117,000 | 1 | $ 1,155,000 |
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 3820 NORTHDALE BLVD STE 111A TAMPA, FL 33624 |
* | $ -1,000 | 1 | $ 325,000 |
NBKC BANK 8320 WARD PARKWAY KANSAS CITY, MO 64114 |
* | $ 684,352,000 | 1 | $ 295,000 |
CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ -1,000 | 1 | $ 125,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 1 | $ 175,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ -1,000 | 1 | $ 125,000 |
AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 125,000 |
ACCELERATE MORTGAGE, LLC 750 PRIDES CROSSING #303 NEWARK, DE 19713 |
* | $ -1,000 | 1 | $ 375,000 |
POTOMAC MORTGAGE GROUP, INC. 4035 RIDGE TOP ROAD, SUITE 100 FAIRFAX, VA 22030 |
* | $ -1,000 | 1 | $ 235,000 |
KIAVI FUNDING, INC 315 MONTGOMERY STREET 16TH FLOOR SAN FRANCISCO, CA 94104 |
* | $ -1,000 | 1 | $ 165,000 |
ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ -1,000 | 1 | $ 155,000 |
BAXTER CREDIT UNION 340 N MILWAUKEE AVE VERNON HILLS, IL 60061 |
* | $ 3,483,865,000 | 1 | $ 225,000 |
LIBERTY HOME MORTGAGE CORPORATION 4401 ROCKSIDE RD 310 INDEPENDENCE, OH 44131 |
* | $ -1,000 | 1 | $ 165,000 |
TOWNE FIRST MORTGAGE, LLC 4501 COX RD #301 GLEN ALLEN, VA 23060 |
* | $ -1,000 | 1 | $ 315,000 |
APEX HOME LOANS, INC. 3204 TOWER OAKS BLVD., SUITE 400 ROCKVILLE, MD 20852 |
* | $ -1,000 | 1 | $ 165,000 |
SOUTHERN TRUST MORTGAGE, LLC 4433 CORPORATION LANE SUITE 300 VIRGINIA BEACH, VA 23462 |
* | $ -1,000 | 1 | $ 325,000 |
SALEM VA CREDIT UNION 1970 ROANOKE BLVD BLDG 77 SUITE 12 SALEM, VA 24153 |
* | $ 82,224,000 | 1 | $ 25,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 1 | $ 25,000 |
GSF MORTGAGE CORPORATION 15430 W CAPITOL DRIVE BROOKFIELD, WI 53005 |
* | $ -1,000 | 1 | $ 125,000 |
VIRGINIA CREDIT UNION, INC. PO BOX 90010 RICHMOND, VA 23225 |
* | $ 3,638,027,000 | 1 | $ 135,000 |
NFM, INC. 1190 WINTERSON ROAD, SUITE 300 LINTHICUM, MD 21090 |
* | $ -1,000 | 1 | $ 205,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 95,000 |
FINANCE OF AMERICA REVERSE LLC 8023 EAST 63RD PLACE, SUITE 700 TULSA, OK 74133 |
* | $ -1,000 | 1 | $ 75,000 |
BNC NATIONAL BANK 20175 N 67TH AVENUE GLENDALE, AZ 85308 |
* | $ 970,161,000 | 1 | $ 295,000 |
VALLEYSTAR CREDIT UNION 41 WHEELER AVE COLLINSVILLE, VA 24078 |
* | $ 400,492,000 | 1 | $ 315,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 1 | $ 185,000 |
PRIME CHOICE FUNDING INC. 17852 17TH ST #107 TUSTIN, CA 92780 |
* | $ -1,000 | 1 | $ 265,000 |
FIRST HERITAGE MORTGAGE, LLC 3201 JERMANTOWN ROAD, SUITE 500 FAIRFAX, VA 22303 |
* | $ -1,000 | 1 | $ 165,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 135,000 |
HOMEBRIDGE FINANCIAL SERVICES, INC. 194 WOOD AVE S, 9TH FLOOR ISELIN, NJ 08830 |
* | $ -1,000 | 1 | $ 185,000 |
MANUFACTURERS AND TRADERS TRUST COMPANY 701 SENECA STREET - SUITE 330N BUFFALO, NY 14210 |
* | $ 119,636,147,000 | 1 | $ 95,000 |
EMM LOANS LLC 3 EXECUTIVE CAMPUS, SUITE 520 CHERRY HILL, NJ 08002 |
* | $ -1,000 | 1 | $ 145,000 |
SOFI MORTGAGE, LLC 6175 MAIN STREET, SUITE 490 FRISCO, TX 75034 |
* | $ -1,000 | 1 | $ 85,000 |
CAPITAL CENTER, L.L.C. 4510 COX ROAD STE 402 GLEN ALLEN, VA 23060 |
* | $ -1,000 | 1 | $ 145,000 |
RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ -1,000 | 1 | $ 195,000 |
ZILLOW HOME LOANS, LLC 10975 EL MONTE ST OVERLAND PARK, KS 66211 |
* | $ -1,000 | 1 | $ 165,000 |
FIFTH THIRD BANK, NATIONAL ASSOCIATION 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 144,453,358,000 | 1 | $ 105,000 |
NATIONAL BANKSHARES, INC. P.O. BOX 90002 BLACKSBURG, VA 24062 |
* | $ 1,253,172,000 | 1 | $ 395,000 |
SKYLINE NATIONAL BANK PO BOX 186 INDEPENDENCE, VA 24348 |
* | $ 680,032,000 | 1 | $ 325,000 |
FIRST NATIONAL BANK OF PENNSYLVANIA 166 MAIN ST GREENVILLE, PA 16125 |
* | $ 33,026,384,000 | 1 | $ 455,000 |
GUILD MORTGAGE COMPANY 5898 COPLEY DRIVE SAN DIEGO, CA 92111 |
* | $ -1,000 | 1 | $ 145,000 |
NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 1,279,654,000 | 1 | $ 135,000 |
HAMILTON HOME LOANS, INC. 1551 SAWGRASS CORPORATE PARKWAY, STE 300 SUNRISE, FL 33323 |
* | $ -1,000 | 1 | $ 195,000 |
CITIZENS EQUITY FIRST 5401 W DIRKSEN PKWY PEORIA, IL 61607 |
* | $ 5,953,334,000 | 1 | $ 225,000 |
MUTUAL OF OMAHA MORTGAGE, INC 3131 CAMINO DEL RIO N 190 SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 175,000 |
DIRECT MORTGAGE LOANS, LLC 111011 MCCORMICK RD, SUITE 400 HUNT VALLEY, MD 21031 |
* | $ -1,000 | 1 | $ 105,000 |
OPEN MORTGAGE, LLC 14101 W. HWY 290 #1300 AUSTIN, TX 78737 |
* | $ -1,000 | 1 | $ 95,000 |
FIRST INTERNET BANK OF INDIANA 11201 USA PARKWAY FISHERS, IN 46037 |
* | $ 3,538,467,000 | 1 | $ 305,000 |
PREMIA MORTGAGE, LLC 5480 CORPORATE DRIVE SUITE 240 TROY, MI 48098 |
* | $ -1,000 | 1 | $ 205,000 |
CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ -1,000 | 1 | $ 135,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 518 | $90,760,000 | $175,000 | $865,000 | $77,000 | $578,000 |
Refinancing | 205 | $37,665,000 | $183,000 | $1,155,000 | $95,000 | $634,000 |
Cash-out Refinancing | 149 | $25,635,000 | $172,000 | $795,000 | $90,000 | $477,000 |
Other Purpose | 111 | $8,155,000 | $73,000 | $345,000 | $87,000 | $460,000 |
Home Improvement | 77 | $4,785,000 | $62,000 | $255,000 | $97,000 | $320,000 |
Not Applicable | 11 | $1,355,000 | $123,000 | $195,000 | $0 | $0 |
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 | 811 | $122,745,000 | $151,000 | $795,000 | $86,000 | $634,000 |
Not applicable | 117 | $21,125,000 | $180,000 | $1,155,000 | $58,000 | $149,000 |
Not Provided | 93 | $16,695,000 | $179,000 | $485,000 | $86,000 | $310,000 |
Black or African American | 23 | $3,485,000 | $151,000 | $455,000 | $74,000 | $216,000 |
Hispanic | 17 | $2,745,000 | $161,000 | $305,000 | $66,000 | $134,000 |
Asian | 7 | $1,115,000 | $159,000 | $305,000 | $67,000 | $169,000 |
American Indian or Alaskan Native | 1 | $85,000 | $85,000 | $85,000 | $24,000 | $24,000 |
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) | 758 | $115,090,000 | $151,000 | $1,155,000 | $92,000 | $634,000 |
FHA-insured (Federal Housing Administration) | 202 | $31,790,000 | $157,000 | $345,000 | $54,000 | $182,000 |
VA-guaranteed (Veterans Administration) | 110 | $21,370,000 | $194,000 | $485,000 | $68,000 | $201,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $105,000 | $105,000 | $105,000 | $14,000 | $14,000 |
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 | 593 | $95,425,000 | $160,000 | $1,155,000 | $85,000 | $634,000 |
Loan Purchased By The Institution | 150 | $26,800,000 | $178,000 | $425,000 | $86,000 | $477,000 |
Application Denied By Financial Institution | 135 | $16,245,000 | $120,000 | $795,000 | $81,000 | $320,000 |
Application Withdrawn By Applicant | 128 | $21,130,000 | $165,000 | $865,000 | $82,000 | $338,000 |
File Closed For Incompleteness | 37 | $4,595,000 | $124,000 | $485,000 | $85,000 | $396,000 |
Application Approved But Not Accepted | 26 | $3,790,000 | $145,000 | $305,000 | $96,000 | $500,000 |
Preapproval Approved but not Accepted | 1 | $225,000 | $225,000 | $225,000 | $100,000 | $100,000 |
Preapproval Denied by Financial Institution | 1 | $145,000 | $145,000 | $145,000 | $65,000 | $65,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 908 | $147,590,000 | $162,000 | $1,155,000 | $86,000 | $634,000 |
Debt-To-Income Ratio | 60 | $8,030,000 | $133,000 | $655,000 | $53,000 | $340,000 |
Credit History | 40 | $4,830,000 | $120,000 | $795,000 | $74,000 | $263,000 |
Collateral | 26 | $3,490,000 | $134,000 | $405,000 | $114,000 | $254,000 |
Credit Application Incomplete | 15 | $1,865,000 | $124,000 | $265,000 | $87,000 | $220,000 |
Other | 13 | $1,405,000 | $108,000 | $255,000 | $99,000 | $320,000 |
Insufficient Cash (Downpayment, Closing Cost) | 6 | $570,000 | $95,000 | $205,000 | $132,000 | $235,000 |
Unverifiable Information | 3 | $575,000 | $191,000 | $335,000 | $116,000 | $243,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Employment History | 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.