Virginia
Mortgage Loan Application
Totals and Details
in 2013

Find mortgage statistics and mortgage data for Virginia.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2021 in all of Virginia.
You can organize this information by metropolitan area and by county.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 563,167
Total Mortgage Loan Application Amount $153,112,564,000
Average Mortgage Loan Application Amount $271,000
Highest Mortgage Loan Application Amount $99,999,000
Average Applicant Income $96,000
Highest Applicant Income $9,999,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Virginia, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for Virginia in 2013

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 339,377 $95,917,133,000 $282,000 $99,999,000 $98,000 $9,999,000
Home Purchase 188,794 $54,406,273,000 $288,000 $99,999,000 $96,000 $5,186,000
Home Improvement 34,996 $2,789,158,000 $79,000 $57,000,000 $84,000 $9,999,000

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 322,793 $76,896,614,000 $238,000 $7,500,000 $105,000 $9,999,000
Not Provided 70,670 $19,343,268,000 $273,000 $22,000,000 $115,000 $9,999,000
Not applicable 57,701 $30,664,267,000 $531,000 $99,999,000 $37,000 $7,886,000
Black or African American 52,620 $9,779,252,000 $185,000 $2,280,000 $70,000 $5,407,000
Asian 33,666 $10,445,483,000 $310,000 $2,950,000 $123,000 $4,869,000
Hispanic 22,365 $5,223,489,000 $233,000 $8,037,000 $81,000 $4,836,000
American Indian or Alaskan Native 1,800 $376,938,000 $209,000 $1,543,000 $92,000 $6,180,000
Native Hawaiian or Other Pacific Islander 1,552 $383,253,000 $246,000 $7,000,000 $90,000 $707,000

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) 399,166 $98,190,108,000 $245,000 $99,999,000 $111,000 $9,999,000
VA-guaranteed (Veterans Administration) 79,091 $24,602,286,000 $311,000 $2,130,000 $68,000 $2,473,000
FHA-insured (Federal Housing Administration) 76,469 $28,951,513,000 $378,000 $99,535,000 $52,000 $1,560,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8,441 $1,368,657,000 $162,000 $536,000 $45,000 $191,000

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 294,145 $75,213,354,000 $255,000 $99,999,000 $106,000 $9,999,000
Loan Purchased By The Institution 109,930 $41,627,446,000 $378,000 $99,535,000 $69,000 $5,708,000
Application Denied By Financial Institution 75,975 $14,874,289,000 $195,000 $99,999,000 $85,000 $9,999,000
Application Withdrawn By Applicant 44,252 $12,337,459,000 $278,000 $99,999,000 $107,000 $9,999,000
Application Approved But Not Accepted 21,860 $4,783,377,000 $218,000 $34,500,000 $100,000 $9,999,000
File Closed For Incompleteness 16,981 $4,271,510,000 $251,000 $28,400,000 $111,000 $9,999,000
Preapproval Denied by Financial Institution 19 $3,602,000 $189,000 $362,000 $73,000 $362,000
Preapproval Approved but not Accepted 5 $1,527,000 $305,000 $560,000 $113,000 $159,000

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
Credit History 18,302 $2,427,051,000 $132,000 $9,300,000 $76,000 $9,999,000
Debt-To-Income Ratio 12,813 $2,713,292,000 $211,000 $19,600,000 $67,000 $1,866,000
Collateral 11,176 $2,653,994,000 $237,000 $3,200,000 $122,000 $9,999,000
Credit Application Incomplete 6,879 $1,656,364,000 $240,000 $3,000,000 $106,000 $4,300,000
Other 5,892 $1,329,905,000 $225,000 $99,999,000 $92,000 $1,740,000
Unverifiable Information 2,481 $581,712,000 $234,000 $1,987,000 $102,000 $1,800,000
Insufficient Cash (Downpayment, Closing Cost) 1,703 $389,006,000 $228,000 $2,280,000 $98,000 $1,998,000
Employment History 741 $168,540,000 $227,000 $1,264,000 $80,000 $1,440,000
Mortgage Insurance Denied 47 $10,388,000 $221,000 $578,000 $89,000 $332,000
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Mortgage Loan Application Totals in 2013 by Virginia Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA 7,452 $ 1,377,802,000 $ 184,000 $ 73,000
CHARLOTTESVILLE, VA 12,946 $ 3,228,957,000 $ 249,000 $ 103,000
DANVILLE, VA 3,609 $ 688,377,000 $ 190,000 $ 56,000
HARRISONBURG, VA 5,537 $ 994,402,000 $ 179,000 $ 70,000
LYNCHBURG, VA 13,133 $ 2,261,786,000 $ 172,000 $ 66,000
RICHMOND, VA 83,895 $ 17,955,346,000 $ 214,000 $ 80,000
ROANOKE, VA 18,709 $ 3,624,546,000 $ 193,000 $ 70,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 114,078 $ 27,595,007,000 $ 241,000 $ 74,000
WINCHESTER, VA-WV 7,171 $ 1,604,926,000 $ 223,000 $ 82,000
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Mortgage Loan Application Totals in 2013 by Virginia County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Accomack 1,530 $ 340,617,000 $ 222,000 $ 84,000
Albemarle 6,346 $ 1,722,090,000 $ 271,000 $ 114,000
Alexandria 11,868 $ 4,692,296,000 $ 395,000 $ 146,000
Alleghany 574 $ 63,263,000 $ 110,000 $ 61,000
Amelia 777 $ 192,445,000 $ 247,000 $ 60,000
Amherst 1,485 $ 264,882,000 $ 178,000 $ 56,000
Appomattox 672 $ 76,394,000 $ 113,000 $ 54,000
Arlington 16,561 $ 7,295,736,000 $ 440,000 $ 160,000
Augusta 4,285 $ 822,402,000 $ 191,000 $ 62,000
Bath 186 $ 30,217,000 $ 162,000 $ 87,000
Bedford 4,810 $ 941,957,000 $ 195,000 $ 78,000
Bedford City 261 $ 33,406,000 $ 127,000 $ 47,000
Bland 222 $ 20,776,000 $ 93,000 $ 57,000
Botetourt 2,241 $ 381,752,000 $ 170,000 $ 71,000
Bristol 636 $ 129,745,000 $ 204,000 $ 52,000
Brunswick 536 $ 73,676,000 $ 137,000 $ 85,000
Buchanan 666 $ 45,199,000 $ 67,000 $ 55,000
Buckingham 551 $ 105,574,000 $ 191,000 $ 55,000
Buena Vista 322 $ 129,655,000 $ 402,000 $ 51,000
Campbell 2,832 $ 522,189,000 $ 184,000 $ 56,000
Caroline 2,245 $ 471,625,000 $ 210,000 $ 64,000
Carroll 1,210 $ 202,635,000 $ 167,000 $ 55,000
Charles City 371 $ 55,522,000 $ 149,000 $ 63,000
Charlotte 410 $ 42,731,000 $ 104,000 $ 54,000
Charlottesville 2,174 $ 462,176,000 $ 212,000 $ 103,000
Chesapeake 18,226 $ 4,449,211,000 $ 244,000 $ 73,000
Chesterfield 24,455 $ 5,083,365,000 $ 207,000 $ 78,000
Clarke 1,085 $ 351,844,000 $ 324,000 $ 107,000
Colonial Heights 999 $ 224,042,000 $ 224,000 $ 62,000
Covington 182 $ 12,424,000 $ 68,000 $ 47,000
Craig 280 $ 33,944,000 $ 121,000 $ 65,000
Culpeper 3,377 $ 716,832,000 $ 212,000 $ 79,000
Cumberland 510 $ 63,387,000 $ 124,000 $ 55,000
Danville 1,159 $ 154,111,000 $ 132,000 $ 58,000
Dickenson 506 $ 36,999,000 $ 73,000 $ 54,000
Dinwiddie 1,517 $ 333,515,000 $ 219,000 $ 53,000
Emporia 120 $ 11,852,000 $ 98,000 $ 50,000
Essex 569 $ 165,414,000 $ 290,000 $ 79,000
Fairfax 92,988 $ 34,338,198,000 $ 369,000 $ 137,000
Fairfax City 1,903 $ 749,872,000 $ 394,000 $ 121,000
Falls Church 1,061 $ 467,454,000 $ 440,000 $ 164,000
Fauquier 5,867 $ 1,708,656,000 $ 291,000 $ 109,000
Floyd 693 $ 90,240,000 $ 130,000 $ 57,000
Fluvanna 1,889 $ 448,308,000 $ 237,000 $ 72,000
Franklin 3,331 $ 894,776,000 $ 268,000 $ 85,000
Franklin City 357 $ 51,578,000 $ 144,000 $ 62,000
Frederick 5,982 $ 1,375,435,000 $ 229,000 $ 80,000
Fredericksburg 1,285 $ 378,094,000 $ 294,000 $ 108,000
Galax 219 $ 172,882,000 $ 789,000 $ 58,000
Giles 791 $ 86,324,000 $ 109,000 $ 63,000
Gloucester 2,760 $ 565,008,000 $ 204,000 $ 67,000
Goochland 1,646 $ 451,497,000 $ 274,000 $ 119,000
Grayson 506 $ 84,544,000 $ 167,000 $ 59,000
Greene 1,369 $ 260,930,000 $ 190,000 $ 72,000
Greensville 267 $ 27,308,000 $ 102,000 $ 52,000
Halifax 1,080 $ 111,086,000 $ 102,000 $ 53,000
Hampton 8,182 $ 1,782,880,000 $ 217,000 $ 59,000
Hanover 7,717 $ 1,633,907,000 $ 211,000 $ 85,000
Harrisonburg 1,526 $ 304,733,000 $ 199,000 $ 69,000
Henrico 21,222 $ 4,509,750,000 $ 212,000 $ 83,000
Henry 1,562 $ 364,094,000 $ 233,000 $ 48,000
Highland 73 $ 11,836,000 $ 162,000 $ 76,000
Hopewell 1,109 $ 124,034,000 $ 111,000 $ 53,000
Isle of Wight 2,677 $ 723,977,000 $ 270,000 $ 79,000
James City 5,950 $ 1,609,730,000 $ 270,000 $ 97,000
King and Queen 363 $ 53,873,000 $ 148,000 $ 66,000
King George 1,952 $ 494,873,000 $ 253,000 $ 89,000
King William 1,136 $ 176,177,000 $ 155,000 $ 63,000
Lancaster 594 $ 143,114,000 $ 240,000 $ 128,000
Lee 677 $ 51,543,000 $ 76,000 $ 50,000
Lexington 239 $ 40,394,000 $ 169,000 $ 100,000
Loudoun 39,968 $ 14,508,294,000 $ 362,000 $ 128,000
Louisa 2,658 $ 581,637,000 $ 218,000 $ 89,000
Lunenburg 320 $ 87,365,000 $ 273,000 $ 56,000
Lynchburg 3,075 $ 423,129,000 $ 137,000 $ 65,000
Madison 835 $ 161,493,000 $ 193,000 $ 82,000
Manassas 3,008 $ 669,871,000 $ 222,000 $ 80,000
Manassas Park 1,157 $ 276,629,000 $ 239,000 $ 73,000
Martinsville 378 $ 31,396,000 $ 83,000 $ 52,000
Mathews 658 $ 365,502,000 $ 555,000 $ 96,000
Mecklenburg 1,181 $ 190,079,000 $ 160,000 $ 81,000
Middlesex 727 $ 155,433,000 $ 213,000 $ 113,000
Montgomery 4,469 $ 866,036,000 $ 193,000 $ 79,000
Nelson 1,170 $ 335,716,000 $ 286,000 $ 126,000
New Kent 1,750 $ 377,337,000 $ 215,000 $ 76,000
Newport News 9,102 $ 1,675,804,000 $ 184,000 $ 60,000
Norfolk 12,035 $ 2,881,748,000 $ 239,000 $ 69,000
Northampton 623 $ 181,330,000 $ 291,000 $ 105,000
Northumberland 842 $ 236,361,000 $ 280,000 $ 110,000
Norton 123 $ 10,773,000 $ 87,000 $ 61,000
Nottoway 471 $ 154,133,000 $ 327,000 $ 79,000
Orange 2,548 $ 572,668,000 $ 224,000 $ 80,000
Page 1,060 $ 141,530,000 $ 133,000 $ 69,000
Patrick 597 $ 66,969,000 $ 112,000 $ 58,000
Petersburg 1,204 $ 144,385,000 $ 119,000 $ 52,000
Pittsylvania 2,457 $ 535,271,000 $ 217,000 $ 55,000
Poquoson 878 $ 203,451,000 $ 231,000 $ 90,000
Portsmouth 5,923 $ 1,676,385,000 $ 283,000 $ 53,000
Powhatan 2,138 $ 581,029,000 $ 271,000 $ 80,000
Prince Edward 754 $ 97,078,000 $ 128,000 $ 59,000
Prince George 1,758 $ 303,971,000 $ 172,000 $ 65,000
Prince William 39,801 $ 11,419,510,000 $ 286,000 $ 96,000
Pulaski 1,643 $ 237,247,000 $ 144,000 $ 65,000
Radford 550 $ 188,330,000 $ 342,000 $ 64,000
Rappahannock 480 $ 143,257,000 $ 298,000 $ 142,000
Richmond 368 $ 53,043,000 $ 144,000 $ 76,000
Richmond City 9,953 $ 2,548,218,000 $ 256,000 $ 91,000
Roanoke 6,497 $ 1,128,173,000 $ 173,000 $ 73,000
Roanoke City 4,950 $ 987,608,000 $ 199,000 $ 56,000
Rockbridge 1,153 $ 300,829,000 $ 260,000 $ 67,000
Rockingham 4,020 $ 690,465,000 $ 171,000 $ 71,000
Russell 969 $ 179,177,000 $ 184,000 $ 58,000
Salem 1,413 $ 199,003,000 $ 140,000 $ 62,000
Scott 723 $ 66,936,000 $ 92,000 $ 59,000
Shenandoah 2,769 $ 554,568,000 $ 200,000 $ 78,000
Smyth 1,003 $ 95,147,000 $ 94,000 $ 55,000
Southampton 893 $ 216,624,000 $ 242,000 $ 59,000
Spotsylvania 10,575 $ 2,455,996,000 $ 232,000 $ 87,000
Stafford 12,928 $ 3,561,157,000 $ 275,000 $ 96,000
Staunton 1,199 $ 311,999,000 $ 260,000 $ 53,000
Suffolk 7,109 $ 1,642,293,000 $ 231,000 $ 71,000
Surry 378 $ 56,749,000 $ 150,000 $ 65,000
Sussex 376 $ 47,674,000 $ 126,000 $ 58,000
Tazewell 1,399 $ 149,247,000 $ 106,000 $ 60,000
Virginia Beach 34,676 $ 8,505,379,000 $ 245,000 $ 82,000
Warren 2,881 $ 496,970,000 $ 172,000 $ 73,000
Washington 2,324 $ 597,823,000 $ 257,000 $ 78,000
Waynesboro 1,108 $ 275,956,000 $ 249,000 $ 56,000
Westmoreland 1,330 $ 238,498,000 $ 179,000 $ 86,000
Williamsburg 511 $ 150,259,000 $ 294,000 $ 100,000
Winchester 1,198 $ 235,014,000 $ 196,000 $ 92,000
Wise 1,388 $ 119,772,000 $ 86,000 $ 56,000
Wythe 1,195 $ 221,860,000 $ 185,000 $ 56,000
York 5,050 $ 1,330,042,000 $ 263,000 $ 88,000

We hope these mortgage application details and 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 financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in Virginia.

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