Dickenson County, VA Mortgage Lenders & HMDA Data, 2012

In 2012, lenders reported 455 mortgage applications in Dickenson County, VA totaling $33.0 million, down 8% from 2011. The average application was for $72,000, and applicants reported an average income of $54,000. 45% of applications resulted in an originated loan and 28% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 120 applications, followed by Truist Bank and New Peoples Bank, Inc.

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Total Number of Mortgage Applications 455
Total Mortgage Loan Application Amount $32,990,000
Average Mortgage Loan Application Amount $72,000
Highest Mortgage Loan Application Amount $271,000
Average Applicant Income $54,000
Highest Applicant Income $323,000

Mortgage Company List for Lending in Dickenson County, VA for 2012

* 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
* $ 31,000,000 120 $ 8,674,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 168,867,640,000 74 $ 5,581,000
New Peoples Bank, Inc
PO BOX 1810
HONAKER, VA 24260
* $ 781,211,000 54 $ 2,599,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,161,490,000,000 34 $ 2,202,000
Farmers and Miners Bank
41526 W MORGAN AVENUE
PENNINGTON GAP, VA 24277
* $ 129,141,000 29 $ 1,720,000
Miners Exchange Bank
PO BOX 1197
COEBURN, VA 24230
* $ 160,390,000 19 $ 879,000
Trupoint Bank
20089 RIVERSIDE DR
GRUNDY, VA 24614
* $ 455,748,000 19 $ 763,000
Eastman Credit Union
P.O. BOX 1989
KINGSPORT, TN 37662
* $ 2,520,100,000 9 $ 752,000
Community Trust Bank, Inc.
346 NORTH MAYO TRAIL
PIKEVILLE, KY 41502
* $ 3,573,012,000 6 $ 666,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 5 $ 202,000
Appalachian Community Federal Credit Union
5034 BOBBY HICKS HIGHWAY SUITE 2
JOHNSON CITY, TN 37615
* $ 142,974,000 5 $ 428,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 5 $ 440,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 4 $ 337,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 808,645,000 4 $ 747,000
First Bank and Trust Company
PO BOX 1000
ABINGDON, VA 24212
* $ 1,246,957,000 4 $ 338,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,997,931,000 4 $ 330,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 4 $ 183,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 3 $ 605,000
Customers Bank
99 BRIDGE STREET
PHOENIXVILLE, PA 19460
* $ 2,077,532,000 3 $ 94,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,898,665,000 3 $ 266,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ 2,266,779,000 3 $ 157,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 2 $ 323,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 240,651,000 2 $ 281,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 154,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 144,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 2 $ 408,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,056,671,000 2 $ 185,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 2 $ 342,000
Legacybank
20957 RIVERSIDE DRIVE
GRUNDY, VA 24614
* $ 351,988,000 2 $ 170,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 3,488,863,000 1 $ 59,000
First Community Bank
29 COLLEGE DR
BLUEFIELD, VA 24605
* $ 2,144,104,000 1 $ 67,000
Wcs Lending, LLC
951 YAMATO ROAD, SUITE 150
BOCA RATON, FL 33431
* $ 25,076,000 1 $ 131,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 1 $ 72,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 1 $ 242,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 1 $ 114,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 114,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 1 $ 128,000
Lendmark Financial Services
223 W NASH ST
WILSON, NC 27893
* $ 43,592,768,000 1 $ 9,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 74,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 80,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 1 $ 106,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 73,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 1 $ 136,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 92,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 94,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 150,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,623,469,000 1 $ 84,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,288,658,000,000 1 $ 88,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 134,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 102,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 26,000

The tables below break down 2012 mortgage applications in Dickenson 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 Dickenson County, VA in 2012

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 219 $15,612,000 $71,000 $271,000 $49,000 $260,000
Refinancing 155 $15,450,000 $99,000 $257,000 $64,000 $205,000
Home Improvement 81 $1,928,000 $23,000 $99,000 $49,000 $323,000

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 416 $29,656,000 $71,000 $271,000 $55,000 $323,000
Not Provided 25 $2,354,000 $94,000 $178,000 $54,000 $114,000
Black or African American 6 $322,000 $53,000 $70,000 $32,000 $57,000
Not applicable 5 $236,000 $47,000 $114,000 $0 $0
American Indian or Alaskan Native 2 $165,000 $82,000 $115,000 $77,000 $79,000
Hispanic 1 $257,000 $257,000 $257,000 $77,000 $77,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Asian 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) 404 $27,273,000 $67,000 $257,000 $53,000 $323,000
FHA-insured (Federal Housing Administration) 47 $5,183,000 $110,000 $271,000 $60,000 $111,000
VA-guaranteed (Veterans Administration) 4 $534,000 $133,000 $175,000 $37,000 $64,000
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 207 $13,262,000 $64,000 $242,000 $60,000 $323,000
Application Denied By Financial Institution 127 $9,765,000 $76,000 $257,000 $45,000 $116,000
Application Approved But Not Accepted 78 $5,780,000 $74,000 $271,000 $51,000 $132,000
Application Withdrawn By Applicant 21 $2,077,000 $98,000 $214,000 $67,000 $136,000
File Closed For Incompleteness 11 $974,000 $88,000 $225,000 $46,000 $91,000
Loan Purchased By The Institution 11 $1,132,000 $102,000 $196,000 $41,000 $111,000
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 29 $1,716,000 $59,000 $183,000 $41,000 $105,000
Collateral 15 $1,618,000 $107,000 $257,000 $69,000 $116,000
Debt-To-Income Ratio 9 $684,000 $76,000 $126,000 $42,000 $66,000
Other 7 $868,000 $124,000 $252,000 $70,000 $109,000
Credit Application Incomplete 2 $326,000 $163,000 $176,000 $93,000 $100,000
Insufficient Cash (Downpayment, Closing Cost) 1 $123,000 $123,000 $123,000 $85,000 $85,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 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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