Fairfax City, VA Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 857 mortgage applications in Fairfax City, VA totaling $367.7 million, down 32% from 2022. The average application was for $429,000, and applicants reported an average income of $204,000. 52% of applications resulted in an originated loan and 14% were denied. The most active lender was Navy Federal Credit Union, with 51 applications, followed by Bank of America NA and Truist Bank.

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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 857
Total Mortgage Loan Application Amount $367,715,000
Average Mortgage Loan Application Amount $429,000
Highest Mortgage Loan Application Amount $1,805,000
Average Applicant Income $204,000
Highest Applicant Income $1,604,000

Mortgage Company List for Lending in Fairfax City, VA for 2023

* 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
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 51 $ 17,705,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 41 $ 7,645,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 37 $ 13,945,000
NVR Mortgage Finance, Inc.

PITTSBURGH, PA 15276
* $ -1,000 35 $ 22,855,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 33 $ 24,265,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 29 $ 17,845,000
Apple Federal Credit Union
4029 RIDGE TOP RD
FAIRFAX, VA 22030
* $ 4,163,201,000 26 $ 3,780,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 24 $ 3,450,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 23 $ 11,985,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 22 $ 7,100,000
First National Bank of Pa
1 FNB BOULEVARD
HERMITAGE, PA 16148
* $ 43,726,588,000 19 $ 10,655,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 18 $ 8,340,000
George Mason Mortgage, LLC
4100 MONUMENT CORNER DRIVE #100
PRINCE WILLIAM, VA 22030
* $ -1,000 16 $ 8,160,000
Intercoastal Mortgage, LLC
11911 FREEDOM DRIVE SUITE 500
RESTON, VA 20190
* $ -1,000 16 $ 9,830,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 15 $ 6,975,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 386,799,237,000 14 $ 6,170,000
Sandy Spring Bank
6831 BENJAMIN FRANKIN DRIVE
COLUMBIA, MD 21046
* $ 13,827,883,000 13 $ 5,135,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 13 $ 2,625,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 13 $ 6,995,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 13 $ 6,005,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 12 $ 6,070,000
Atlantic Coast Mortgage, LLC
4100 MONUMENT CORNER DRIVE, SUITE 300
FAIRFAX, VA 22030
* $ -1,000 12 $ 5,490,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 11 $ 6,225,000
United Bank VA

MORGANTOWN, WV 26505
* $ 29,430,409,000 10 $ 3,370,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 9 $ 2,735,000
First Heritage Mortgage, LLC
11325 RANDOM HILLS RD SUITE 600
FAIRFAX, VA 22031
* $ -1,000 9 $ 4,945,000
Northwest Federal Credit Union
220 SPRING STREET
HERNDON, VA 20170
* $ 4,112,771,000 8 $ 1,760,000
Bank Fund Staff Federal Credit
1725 I STREET NW SUITE 150
WASHINGTON, DC 20006
* $ 6,461,833,000 7 $ 2,285,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 7 $ 615,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 7 $ 4,615,000
Tower Federal Credit Union
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ 4,087,397,000 7 $ 815,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 7 $ 3,125,000
First Savings Mortgage Corporation
8444 WEST PARK DRIVE, THE 4TH FLOOR
MCLEAN, VA 22102
* $ -1,000 7 $ 3,385,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 7 $ 2,495,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 7 $ 3,795,000
First Home Mortgage
6211 GREENLEIGH AVENUE SUITE 300
BALTIMORE, MD 21220
* $ -1,000 6 $ 3,480,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 6 $ 2,310,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 6 $ 3,690,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 5 $ 2,855,000
Nextmark Federal Credit Union
4201 MEMBERS WAY
FAIRFAX, VA 22030
* $ 510,926,000 5 $ 515,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 5 $ 2,025,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 200,262,969,000 5 $ 2,015,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 5 $ 2,715,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 4 $ 1,800,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 24,967,889,000 4 $ 2,340,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 4 $ 2,660,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 4 $ 1,400,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 4 $ 440,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 4 $ 1,590,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ -1,000 4 $ 1,810,000
Langley Federal Credit Union
721 LAKEFRONT COMMONS, SUITE 102
NEWPORT NEWS, VA 23606
* $ 5,060,479,000 4 $ 2,470,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 4 $ 1,800,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 4 $ 2,210,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 4 $ 2,450,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 3 $ 1,655,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 3 $ 1,255,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ 11,943,023,000 3 $ 525,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 16,117,865,000 3 $ 355,000
Dollar Bank, FSB
#3 GATEWAY CENTER, SEVEN WEST
PITTSBURGH, PA 15222
* $ 11,417,843,000 3 $ 2,115,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ -1,000 3 $ 1,795,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 3 $ 2,105,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 3 $ 1,415,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 3 $ 1,605,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 3 $ 795,000
Townebank
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 15,845,722,000 3 $ 745,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,766,752,000,000 3 $ 1,225,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 3 $ 955,000
Jams-01 Inc dba Home Savings & Trust Mortgage
JAMS-01, INC. 3701 PENDER DRIVE #150
FAIRFAX, VA 22030
* $ -1,000 2 $ 1,240,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 2 $ 40,000
Fulton Bank, National Association
ONE PENN SQUARE
LANCASTER, PA 17602
* $ 26,819,331,000 2 $ 860,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 109,180,139,000 2 $ 170,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 209,664,000,000 2 $ 1,210,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,052,701,000 2 $ 680,000
Presidential Bank, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ 800,304,000 2 $ 880,000
Signature Federal Credit Union
12 HERBERT ST.
ALEXANDRIA, VA 22305
* $ 397,701,000 2 $ 150,000
Eaglebank
11931 TECH RD
BETHESDA, MD 20814
* $ 11,097,748,000 2 $ 1,460,000
Emet Lending Group, Inc.
2601 SATURN ST SUITE 200
BREA, CA 92821
* $ -1,000 2 $ 470,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 800,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 1,020,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ -1,000 2 $ 930,000
Arlington Community FCU
PO BOX 40070
FALLS CHURCH, VA 22041
* $ 478,150,000 2 $ 340,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ -1,000 2 $ 770,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 2 $ 1,170,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 4,554,611,000 2 $ 560,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ -1,000 2 $ 950,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 2 $ 990,000
Alcova Mortgage, LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ -1,000 2 $ 1,020,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 2 $ 1,380,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 2 $ 1,200,000
Thrive Mortgage, LLC
4819 WILLIAMS DRIVE
CARROLLTON, TX 78633
* $ -1,000 2 $ 590,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 2 $ 1,080,000
Credit Union Mortgage Associat
10800 MAIN STREET
FAIRFAX, VA 22030
* $ -1,000 1 $ 295,000
Wesbanco Bank, Inc.
1 BANK PLAZA
WHEELING, WV 26003
* $ 16,894,686,000 1 $ 1,505,000
A&D Mortgage LLC
899 W. CYPRESS CREEK ROAD
FT. LAUDERDALE, FL 33309
* $ -1,000 1 $ 175,000
Aurora Financial, LLC
8150 LEESBURG PIKE #410
VIENNA, VA 22182
* $ -1,000 1 $ 645,000
Open Bank
1000 WILSHIRE BLVD. SUITE 100
LOS ANGELES, CA 90017
* $ 2,094,205,000 1 $ 745,000
Towne First Mortgage, LLC
4501 COX RD #301
GLEN ALLEN, VA 23060
* $ -1,000 1 $ 155,000
McLean Mortgage Corporation
11325 RANDOM HILLS RD. SUITE 400
FAIRFAX, VA 22030
* $ -1,000 1 $ 445,000
First Equity Mortgage Inc
211 GRANDVIEW DRIVE, SUITE 102
FT MITCHELL, KY 41017
* $ -1,000 1 $ 615,000
Homespire Mortgage Corporation

FAIRFAX, VA 22031
* $ -1,000 1 $ 685,000
Franklin Mint Federal Credit Union
5 HILLMAN DRIVE
CHADDS FORD, PA 19317
* $ 1,786,496,000 1 $ 105,000
Chain Bridge Bank, N.A.
1445-A LAUGHLIN AVENUE
MCLEAN, VA 22101
* $ 1,030,684,000 1 $ 445,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 105,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 1 $ 195,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 348,731,000,000 1 $ 865,000
The Freedom Bank of Virginia
10555 MAIN STREET
FAIRFAX, VA 22030
* $ 985,123,000 1 $ 725,000
Capital Bank, N.A.
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ 2,069,955,000 1 $ 405,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,517,837,000 1 $ 435,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,401,730,000 1 $ 815,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ -1,000 1 $ 585,000
Burke & Herbert Bk & Tr Co
100 S. FAIRFAX ST
ALEXANDRIA, VA 22315
* $ 3,563,307,000 1 $ 235,000
Clearedge Lending LLC
20 ENTERPRISE SUITE 350
ALISO VIEJO, CA 92656
* $ -1,000 1 $ 405,000
Genesis Capital, LLC
15303 VENTURA BLVD, STE. 700
SHERMAN OAKS, CA 91403
* $ -1,000 1 $ 565,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 1 $ 655,000
Vellum Mortgage, Inc.
12700 FAIR LAKES CIR SUITE 400
FAIRFAX, VA 22033
* $ -1,000 1 $ 565,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 475,000
Congressional Federal Credit Union
10461 WHITE GRANITE DRIVE
OAKTON, VA 22124
* $ 1,254,936,000 1 $ 165,000
Justice Federal Credit Union
5175 PARKSTONE DRIVE, STE. 200
CHANTILLY, VA 20151
* $ 985,740,000 1 $ 255,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ -1,000 1 $ 335,000
HSBC Bank USA, NA

CHICAGO, IL 60606
* $ 162,436,537,000 1 $ 1,085,000
Old Dominion National Bank
4916 PLANK RD
CHARLOTTESVILLE, VA 22903
* $ 1,031,054,000 1 $ 355,000
Hanscom Federal Credit Union
1610 EGLIN ST
HANSCOM AFB, MA 01731
* $ 1,906,886,000 1 $ 505,000
Primis Bank

GLEN ALLEN, VA 23060
* $ -1,000 1 $ 205,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ -1,000 1 $ 355,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 555,000
Uif Corporation
29777 TELEGRAPH RD. SUITE 3590
SOUTHFIELD, MI 48034
* $ -1,000 1 $ 175,000
R M K Financial Corp.
1819 S. EXCISE AVENUE
ONTARIO, CA 91761
* $ -1,000 1 $ 565,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 465,000
State Departmenet Federal Credit Union
1630 KING STREET
ALEXANDRIA, VA 22314
* $ 2,739,271,000 1 $ 105,000
United Nations Federal CU
24-01 44TH ROAD 7TH FLOOR
LONG ISLAND CITY, NY 11101
* $ 7,971,719,000 1 $ 115,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 465,000
All Credit Considered Mortgage, Inc.
1801 RESEARCH BLVD #410
ROCKVILLE, MD 20850
* $ -1,000 1 $ 485,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 19,309,880,000 1 $ 435,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 215,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 1 $ 725,000
BNC National Bank

BISMARCK, ND 58501
* $ 942,438,000 1 $ 455,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 245,000
Idb Global Federal Credit Union
1300 NEW YORK AVE NW
WASHINGTON, DC 20577
* $ 757,560,000 1 $ 665,000
Ally Bank

CHARLOTTE, NC 28202
* $ 181,890,000,000 1 $ 1,075,000
American Security Mortgage Cor
2101 REXFORD RD. SUITE 100E
CHARLOTTE, NC 28207
* $ -1,000 1 $ 1,005,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 1 $ 335,000
Bank of Clarke
2 E MAIN ST
BERRYVILLE, VA 22611
* $ 1,616,263,000 1 $ 265,000
State Employees Credit Union of MD
971 CORPORATE BLVD
LINTHICUM, MD 21090
* $ 5,264,689,000 1 $ 55,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 14,304,653,000 1 $ 355,000
Guidance Residential, LLC
11107 SUNSET HILLS ROAD, STES 100 & 200
RESTON, VA 20190
* $ -1,000 1 $ 475,000
Primis Bank
10900 NUCKOLS ROAD SUITE 325 GLEN ALLEN
GLEN ALLEN, VA 23060
* $ 3,564,481,000 1 $ 255,000
Woori America Bank
330 FIFTH AVENUE, 3RD FLOOR
NEW YORK, NY 10001
* $ 3,104,798,000 1 $ 155,000
Afl-Cio Ecu
555 NEW JERSEY AVE, NW, SUITE 100
WASHINGTON, DC 20001
* $ 55,797,000 1 $ 105,000
Potomac Bank
111 EAST WASHINGTON ST
CHARLES TOWN, WV 00000
* $ 754,110,000 1 $ 165,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 1 $ 275,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 685,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 425,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 1 $ 995,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 45,000
John Marshall Bank
1943 ISAAC NEWTON SQUARE, SUITE 100
RESTON, VA 20190
* $ 2,345,424,000 1 $ 405,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 1 $ 265,000

The tables below break down 2023 mortgage applications in Fairfax City, VA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Fairfax City, VA in 2023

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 555 $307,945,000 $554,000 $1,805,000 $213,000 $1,546,000
Home Improvement 103 $14,015,000 $136,000 $1,255,000 $194,000 $1,176,000
Other Purpose 90 $11,770,000 $130,000 $505,000 $206,000 $1,604,000
Cash-out Refinancing 56 $19,130,000 $341,000 $1,505,000 $167,000 $583,000
Refinancing 52 $14,580,000 $280,000 $965,000 $168,000 $917,000
Not Applicable 1 $275,000 $275,000 $275,000 $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 320 $137,630,000 $430,000 $1,455,000 $213,000 $1,006,000
Asian 182 $84,200,000 $462,000 $1,805,000 $215,000 $1,546,000
Not Provided 141 $59,185,000 $419,000 $1,265,000 $200,000 $1,604,000
Not applicable 98 $49,560,000 $505,000 $1,355,000 $209,000 $477,000
Hispanic 59 $18,465,000 $312,000 $1,095,000 $151,000 $550,000
Black or African American 28 $10,540,000 $376,000 $945,000 $170,000 $941,000
American Indian or Alaskan Native 3 $725,000 $241,000 $495,000 $169,000 $310,000
Native Hawaiian or Other Pacific Islander 1 $585,000 $585,000 $585,000 $239,000 $239,000

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) 759 $309,485,000 $407,000 $1,805,000 $209,000 $1,604,000
VA-guaranteed (Veterans Administration) 65 $43,065,000 $662,000 $1,355,000 $178,000 $429,000
FHA-insured (Federal Housing Administration) 33 $15,165,000 $459,000 $845,000 $128,000 $257,000
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 445 $209,875,000 $471,000 $1,505,000 $217,000 $1,546,000
Application Denied By Financial Institution 121 $29,005,000 $239,000 $1,235,000 $161,000 $864,000
Loan Purchased By The Institution 109 $57,235,000 $525,000 $1,355,000 $218,000 $519,000
Application Withdrawn By Applicant 107 $48,515,000 $453,000 $1,805,000 $183,000 $998,000
File Closed For Incompleteness 51 $16,235,000 $318,000 $1,085,000 $234,000 $1,604,000
Application Approved But Not Accepted 21 $6,115,000 $291,000 $985,000 $193,000 $590,000
Preapproval Denied by Financial Institution 2 $330,000 $165,000 $195,000 $49,000 $50,000
Preapproval Approved but not Accepted 1 $405,000 $405,000 $405,000 $90,000 $90,000

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 728 $336,420,000 $462,000 $1,805,000 $212,000 $1,604,000
Debt-To-Income Ratio 55 $13,775,000 $250,000 $1,235,000 $138,000 $864,000
Credit History 30 $4,070,000 $135,000 $1,085,000 $144,000 $370,000
Collateral 17 $3,925,000 $230,000 $845,000 $172,000 $355,000
Credit Application Incomplete 13 $5,505,000 $423,000 $995,000 $231,000 $485,000
Other 6 $920,000 $153,000 $355,000 $155,000 $310,000
Unverifiable Information 5 $1,915,000 $383,000 $765,000 $243,000 $410,000
Insufficient Cash (Downpayment, Closing Cost) 2 $1,020,000 $510,000 $555,000 $197,000 $292,000
Employment History 1 $165,000 $165,000 $165,000 $266,000 $266,000
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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