Cumberland County, VA Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 592 mortgage applications in Cumberland County, VA totaling $96.6 million, up 23% from 2019. The average application was for $163,000, and applicants reported an average income of $71,000. 52% of applications resulted in an originated loan and 17% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 60 applications, followed by Virginia Federal Credit Union and Freedom Mortgage Corporation.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  2023  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 592
Total Mortgage Loan Application Amount $96,640,000
Average Mortgage Loan Application Amount $163,000
Highest Mortgage Loan Application Amount $565,000
Average Applicant Income $71,000
Highest Applicant Income $1,488,000

Mortgage Company List for Lending in Cumberland County, VA for 2020

* 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
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 60 $ 7,080,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ 3,729,406,000 35 $ 4,315,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 34 $ 6,450,000
Alcova Mortgage, LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ -1,000 26 $ 5,000,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 22 $ 3,410,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 22 $ 3,100,000
C&F Mortgage Corporation
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ -1,000 20 $ 3,370,000
Capital Center LLC
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ -1,000 17 $ 2,735,000
Benchmark Community Bank
P O BOX 569
KENBRIDGE, VA 23944
* $ 711,852,000 17 $ 2,275,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 13 $ 2,375,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 13 $ 2,265,000
George Mason Mortgage, LLC
4100 MONUMENT CORNER DRIVE #100
PRINCE WILLIAM, VA 22030
* $ -1,000 11 $ 1,255,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 11 $ 2,255,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 10 $ 1,640,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 10 $ 1,830,000
Citizens Bank & Trust Co.
126 SOUTH MAIN ST.
BLACKSTONE, VA 23824
* $ 411,643,000 9 $ 1,425,000
First Reliance Bank
2170 W PALMETTO ST
FLORENCE, SC 29501
* $ 659,197,000 9 $ 1,475,000
Citizens and Farmers Bank
415 14TH STREET
WEST POINT, VA 23181
* $ 1,625,536,000 9 $ 1,075,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 7 $ 1,485,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 7 $ 1,425,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 7 $ 1,225,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 7 $ 1,145,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 6 $ 1,180,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 6 $ 1,500,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 6 $ 1,470,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 5 $ 1,015,000
Village Bank Mortgage
13305 MIDLOTHIAN TURNPIKE
MIDLOTHIAN, VA 23113
* $ -1,000 5 $ 915,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 5 $ 745,000
Colonial Farm Credit Aca
7104 MECHANICSVILLE TURNPIKE
MECHANICSVILLE, VA 23111
* $ -1,000 5 $ 795,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 5 $ 735,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 5 $ 905,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 5 $ 505,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 5 $ 475,000
Tidewater Mortgage Services, Inc
200 GOLDEN OAK COURT STE. 100
VIRGINIA BEACH, VA 26452
* $ -1,000 4 $ 800,000
Southern Trust Mortgage, LLC
4433 CORPORATION LANE SUITE 300
VIRGINIA BEACH, VA 23462
* $ -1,000 4 $ 660,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 4 $ 560,000
Atlantic Union Bank
1051 EAST CARY STREET, SUITE 1200
GLEN ALLEN, VA 23060
* $ 17,516,056,000 4 $ 630,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ -1,000 4 $ 670,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 4 $ 540,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 3 $ 565,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 3 $ 805,000
Virginia Commonwealth Bank
1801 BAYBERRY COURT, SUITE 101
RICHMOND, VA 23226
* $ 1,127,526,000 3 $ 555,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 3 $ 715,000
Presidential Bank, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ 617,208,000 3 $ 255,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 3 $ 585,000
Essex Bank
9954 MAYLAND DRIVE SUITE 2100
RICHMOND, VA 23233
* $ 1,431,111,000 3 $ 385,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ -1,000 2 $ 320,000
The Farmers Bank of Appomattox
223 MAIN ST
APPOMATTOX, VA 24522
* $ 235,751,000 2 $ 230,000
Christensen Financial, Inc.
860 N SR 434
ALTAMONTE SPRINGS, FL 32714
* $ -1,000 2 $ 520,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ -1,000 2 $ 460,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 2 $ 60,000
Fulton Bank, National Association
ONE PENN SQUARE
LANCASTER, PA 17602
* $ 21,759,565,000 2 $ 530,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 650,000
First Home Mortgage
6211 GREENLEIGH AVENUE SUITE 300
BALTIMORE, MD 21220
* $ -1,000 2 $ 410,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 2 $ 210,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 300,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 2 $ 500,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 2 $ 250,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ -1,000 2 $ 290,000
C&F Select LLC
1 PARK WEST CIRCLE SUITE 203
MIDLOTHIAN, VA 23113
* $ -1,000 2 $ 280,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 2 $ 560,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 2 $ 460,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 290,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 310,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 2 $ 190,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 210,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 115,000
Townebank
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 11,947,775,000 1 $ 225,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 1 $ 85,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 1 $ 145,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 365,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 185,000
Mason-Mcduffie Mortgage Corporation
2010 CROW CANYON PLACE, #400
SAN RAMON, CA 94583
* $ -1,000 1 $ 145,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 1 $ 185,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,498,327,000 1 $ 235,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 145,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 2,374,512,000 1 $ 195,000
Langley Federal Credit Union
721 LAKEFRONT COMMONS, SUITE 102
NEWPORT NEWS, VA 23606
* $ 3,115,798,000 1 $ 125,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 1 $ 285,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 1 $ 145,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 215,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 255,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 39,787,666,000 1 $ 125,000
Argent Federal Credit Union
11651 ALLIANCE CIRCLE
CHESTER, VA 23831
* $ 247,446,000 1 $ 35,000
McLean Mortgage Corporation
11325 RANDOM HILLS RD. SUITE 400
FAIRFAX, VA 22030
* $ -1,000 1 $ 255,000
Agfirst Farm Credit Bank
1901 MAIN STREET
COLUMBIA, SC 29201
* $ -1,000 1 $ 125,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ 389,451,000 1 $ 335,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 1 $ 95,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 65,000
BNC National Bank

BISMARCK, ND 58501
* $ 965,305,000 1 $ 255,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 225,000
Assurance Financial Group, L.L.C.
9029 JEFFERSON HIGHWAY SUITE 100
BATON ROUGE, LA 70809
* $ -1,000 1 $ 135,000
First Bank and Trust Company
PO BOX 1000
ABINGDON, VA 24212
* $ 1,946,484,000 1 $ 145,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 1 $ 165,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 125,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 195,000
Watermark Capital, Inc.
100 SPECTRUM CENTER DR STE 150
IRVINE, CA 92618
* $ -1,000 1 $ 135,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 135,000
Nqm Funding, LLC
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ -1,000 1 $ 235,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 235,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 1 $ 145,000
Cfbank NA
4960 E DUBLIN GRANVILLE RD SUITE 400
COLUMBUS, OH 43081
* $ 879,238,000 1 $ 255,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 1 $ 125,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ -1,000 1 $ 375,000
First Savings Mortgage Corporation
8444 WEST PARK DRIVE, THE 4TH FLOOR
MCLEAN, VA 22102
* $ -1,000 1 $ 505,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 1 $ 175,000

The tables below break down 2020 mortgage applications in Cumberland County, VA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Cumberland County, VA in 2020

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 286 $46,090,000 $161,000 $505,000 $66,000 $1,488,000
Refinancing 202 $35,530,000 $175,000 $565,000 $70,000 $572,000
Cash-out Refinancing 68 $12,110,000 $178,000 $515,000 $73,000 $189,000
Other Purpose 14 $1,120,000 $80,000 $175,000 $165,000 $953,000
Not Applicable 12 $1,360,000 $113,000 $235,000 $0 $0
Home Improvement 10 $430,000 $43,000 $105,000 $64,000 $123,000

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 361 $58,755,000 $162,000 $505,000 $70,000 $953,000
Black or African American 76 $10,440,000 $137,000 $275,000 $86,000 $1,488,000
Not Provided 75 $12,295,000 $163,000 $515,000 $54,000 $189,000
Not applicable 59 $11,125,000 $188,000 $565,000 $65,000 $108,000
Hispanic 11 $2,045,000 $185,000 $375,000 $80,000 $121,000
American Indian or Alaskan Native 6 $1,470,000 $245,000 $395,000 $73,000 $118,000
Asian 2 $290,000 $145,000 $165,000 $131,000 $198,000
Native Hawaiian or Other Pacific Islander 2 $220,000 $110,000 $115,000 $43,000 $46,000

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) 361 $52,395,000 $145,000 $565,000 $72,000 $953,000
VA-guaranteed (Veterans Administration) 104 $23,500,000 $225,000 $505,000 $62,000 $154,000
FHA-insured (Federal Housing Administration) 100 $15,880,000 $158,000 $335,000 $75,000 $1,488,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 27 $4,865,000 $180,000 $295,000 $53,000 $96,000

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 307 $51,255,000 $166,000 $565,000 $75,000 $953,000
Application Denied By Financial Institution 102 $14,390,000 $141,000 $405,000 $56,000 $189,000
Application Withdrawn By Applicant 70 $12,040,000 $172,000 $335,000 $89,000 $1,488,000
Loan Purchased By The Institution 63 $11,785,000 $187,000 $505,000 $63,000 $111,000
File Closed For Incompleteness 37 $5,155,000 $139,000 $375,000 $52,000 $118,000
Application Approved But Not Accepted 13 $2,015,000 $155,000 $335,000 $64,000 $98,000
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
Not applicable 473 $79,805,000 $168,000 $565,000 $73,000 $1,488,000
Debt-To-Income Ratio 48 $7,030,000 $146,000 $355,000 $68,000 $572,000
Credit History 26 $3,540,000 $136,000 $315,000 $45,000 $141,000
Collateral 18 $2,670,000 $148,000 $405,000 $78,000 $189,000
Credit Application Incomplete 11 $1,515,000 $137,000 $295,000 $74,000 $158,000
Unverifiable Information 11 $1,385,000 $125,000 $225,000 $54,000 $90,000
Other 2 $140,000 $70,000 $105,000 $62,000 $83,000
Insufficient Cash (Downpayment, Closing Cost) 2 $420,000 $210,000 $215,000 $49,000 $56,000
Employment History 1 $135,000 $135,000 $135,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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