Giles County, VA Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 1,096 mortgage applications in Giles County, VA totaling $110.2 million, down 14% from 2007. The average application was for $100,000, and applicants reported an average income of $52,000. 44% of applications resulted in an originated loan and 30% were denied. The most active lender was Beneficial Company LLC, with 144 applications, followed by Branch Banking and Trust Co and National Bank of Blacksburg.

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Total Number of Mortgage Applications 1,096
Total Mortgage Loan Application Amount $110,163,000
Average Mortgage Loan Application Amount $100,000
Highest Mortgage Loan Application Amount $460,000
Average Applicant Income $52,000
Highest Applicant Income $338,000

Mortgage Company List for Lending in Giles County, VA for 2008

* 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
Beneficial Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 144 $ 14,597,000
Branch Banking and Trust Co
223 W NASH STREET
WILSON, NC 27893
* $ 127,698,351,000 130 $ 8,841,000
National Bank of Blacksburg
P.O. BOX 90002
BLACKSBURG, VA 24060
* $ 882,866,000 83 $ 4,951,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 77 $ 11,575,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 68 $ 8,586,000
Stellarone Bank
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 1,495,940,000 56 $ 4,681,000
Celco Community Federal Credit Union
PO BOX 361
NARROWS, VA 24124
* $ 89,601,000 41 $ 1,666,000
Countrywide Bank FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 33 $ 4,327,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 29 $ 2,037,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 27 $ 3,496,000
Ally Bank F/K/A/ Gmac Bank
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 26 $ 3,379,000
American General Fin.Serv.(De)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 25 $ 1,180,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 23 $ 2,990,000
National City Bank
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 138,755,343,000 21 $ 2,494,000
Suntrust Mortgage, Inc
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 21 $ 2,759,000
Wells Fargo Bank, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 653,269,000,000 19 $ 1,784,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 15,757,171,000 14 $ 1,626,000
Freedom First Federal Credit Union
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 214,547,000 14 $ 905,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 13 $ 1,771,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,312,794,218,000 12 $ 1,104,000
Primary Residential Mortgage
4750 W WILEY POST WAY SUITE 200
SALT LAKE CITY, UT 84116
* $ 10,000,000 10 $ 1,002,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 9 $ 960,000
First National Bk of the South
P.O. BOX 3508
SPARTANBURG, SC 29304
* $ 589,250,000 8 $ 850,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 8 $ 1,129,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 7 $ 412,000
Hfc Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 7 $ 645,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 7 $ 917,000
Wachovia Mortgage FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 7 $ 804,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 6 $ 766,000
Beneficial Financial I, Inc.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 11,000,000 5 $ 420,000
Truliant Federal Credit Union
3200 TRULIANT WAY
WINSTON SALEM, NC 27103
* $ 1,086,879,000 5 $ 682,000
Wells Fargo Fin'l Sys Virginia
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 5 $ 355,000
Capital One Home Loans, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 4 $ 509,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 232,759,503,000 4 $ 356,000
Member One Federal Credit Union
P.O. BOX 12288
ROANOKE, VA 24024
* $ 334,738,000 4 $ 17,000
Equifirst Corporation
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 343,735,670,000 4 $ 203,000
Farm Credit of the Virginias, Aca
106 SANGERS LANE
STAUNTON, VA 24401
* $ 1,007,892,000,000 4 $ 263,000
Home Loan Center
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 4 $ 550,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 4 $ 655,000
Prosperity Mortgage Company
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,000,000 4 $ 299,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 3 $ 335,000
Taylor, Bean & Whitaker
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 3 $ 380,000
New Peoples Bank, Inc
PO BOX 1810
HONAKER, VA 24260
* $ 765,948,000 3 $ 124,000
Southern Trust Mortgage LLC
4433 CORPORATION LANE, SUITE 300
VIRGINIA BEACH, VA 23462
* $ 11,000,000 3 $ 402,000
First Bank and Trust Company
PO BOX 1000
ABINGDON, VA 24212
* $ 937,313,000 3 $ 369,000
Bank of Floyd
P O BOX 215
FLOYD, VA 24091
* $ 198,980,000 3 $ 140,000
Hometown Bank
PO BOX 21769
ROANOKE, VA 24018
* $ 154,821,000 2 $ 224,000
Eloan
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 2 $ 532,000
Citifinancial Inc
300 ST PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 2 $ 100,000
Capital One NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 97,517,902,000 2 $ 33,000
First Community Bank, N. A.
P O BOX 989
BLUEFIELD, VA 24605
* $ 2,130,805,000 2 $ 213,000
First-Citizens Bank & Trust Co
16 E ROWAN STREET
RALEIGH, NC 27609
* $ 13,601,662,000 2 $ 458,000
First Bank
PO BOX 508
TROY, NC 27371
* $ 2,318,322,000 2 $ 175,000
Carter Bank and Trust
PO BOX 3748
MARTINSVILLE, VA 24112
* $ 2,653,589,000 2 $ 208,000
Gms Funding, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 2 $ 209,000
Prospect Mortgage, LLC
15301 VENTURA BLVD. SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 2 $ 313,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 2 $ 174,000
Walker Jackson Mortgage Corpor
14501 GEORGE CARTER WAY
CHANTILLY, VA 20151
* $ 292,944,000 2 $ 346,000
Ideal Mortgage Bankers, Ltd
520 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ 10,000,000 2 $ 400,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 2 $ 209,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 2 $ 325,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 2 $ 368,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 2 $ 335,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ 10,000,000 2 $ 270,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ 8,226,000 1 $ 185,000
Nations Home Funding, Inc
761 OLD HICKORY BLVD., STE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 133,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 60,000
International Mortgage Corp
8258 VETERANS HIGHWAY, STE 10
MILLERSVILLE, MD 21108
* $ 10,000,000 1 $ 149,000
Greenlight Financial Services
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 60,000
Mvb Mortgage Corporation
24400 NORTHWESTERN HIGHWAY, SUITE 200
SOUTHFIELD, MI 48075
* $ 10,000,000 1 $ 111,000
Nationwide Mortgage Concepts,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 1 $ 109,000
Freedom Mortgage Corp.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 87,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 105,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 232,000
Franklin American Mortgage Co
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 97,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 133,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 69,000
Saxon Mortgage
4840 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 250,000
Novastar Mortgage
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 1 $ 88,000
Gmfs, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 1 $ 138,000
Plaza Home Mortgage, Inc
5090 SHOREHAM PLACE, SUITE #206
SAN DIEGO, CA 92122
* $ 10,000,000 1 $ 74,000
Precision Financial Inc
6800 JERICHO TURNPIKE SUITE206E
SYOSSET, NY 11791
* $ 1,626,831,000 1 $ 171,000
Amtec Funding Group, Llc.
3330 HARBOR BOULEVARD
COSTA MESA, CA 92626
* $ 10,000,000 1 $ 188,000
Ameritrust Mortgage Inc.
11016 RUSHMORE DRIVE, SUITE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 98,000
Pentagon Federal Credit Union
14300 SULLYFIELD CIRCLE
CHANTILLY, VA 20151
* $ 11,238,962,000 1 $ 45,000
M&I Bank FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,402,062,000 1 $ 151,000
New South Federal Savings Bank
1900 CRESTWOOD BOULEVARD
BIRMINGHAM, AL 35210
* $ 1,901,132,000 1 $ 130,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 15,898,003,000 1 $ 166,000
Guaranty Bank
8333 DOUGLAS AVENUE
DALLAS, TX 75225
* $ 16,674,004,000 1 $ 133,000
Home Loan Investment Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 266,672,000 1 $ 60,000
American Enterprise Bank of Fl
10611 DEERWOOD PARK BLVD
JACKSNOVILLE, FL 32256
* $ 175,204,000 1 $ 10,000
The Bank of Delmarva
2245 NORTHWOOD DRIVE
SALISBURY, MD 21801
* $ 338,567,000 1 $ 174,000
First National Bank
P. O. BOX 29, 622 BROAD STREET
ALTAVISTA, VA 24517
* $ 279,653,000 1 $ 160,000
Americanmtgnetwork dba Vertice
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 473,000,000,000 1 $ 218,000
Rbs Citizens, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 128,863,082,000 1 $ 317,000
Regional First Mortgage, LLC
3232 NEWMARK DR.
MIAMISBURG, OH 45342
* $ 17,479,303,000 1 $ 235,000
Eagle National Bank
8045 WEST CHESTER PIKE
UPPER DARBY, PA 19082
* $ 210,664,000 1 $ 160,000
Metlife Bank, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 7,406,877,000 1 $ 270,000
Dnb First, National Association
4 BRANDYWINE AVE
DOWNINGTOWN, PA 19335
* $ 545,529,000 1 $ 97,000
Citibank, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,251,715,000,000 1 $ 59,000
Monarch Bank
1435 CROSSWAYS BOULEVARD, SUITE 101
CHESAPEAKE, VA 23320
* $ 502,565,000 1 $ 160,000
Bank of the Commonwealth
403 BOUSH STREET
NORFOLK, VA 23510
* $ 842,424,000 1 $ 25,000
Legacytexas Bank
5000 LEGACY DRIVE
PLANO, TX 75024
* $ 1,469,777,000 1 $ 324,000
Trupoint Bank
20089 RIVERSIDE DR
GRUNDY, VA 24614
* $ 491,699,000 1 $ 15,000
Wintrust Mortgage Corporation
660 MIDWEST RD SUITE 100
OAK BROOK TERRACE, IL 60181
* $ 300,000,000 1 $ 138,000

The tables below break down 2008 mortgage applications in Giles 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 Giles County, VA in 2008

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 623 $72,285,000 $116,000 $417,000 $52,000 $241,000
Home Purchase 296 $30,821,000 $104,000 $409,000 $54,000 $338,000
Home Improvement 177 $7,057,000 $39,000 $460,000 $47,000 $228,000

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 894 $88,426,000 $98,000 $417,000 $56,000 $338,000
Not applicable 94 $9,742,000 $103,000 $308,000 $9,000 $154,000
Not Provided 83 $10,050,000 $121,000 $460,000 $58,000 $332,000
Black or African American 18 $1,288,000 $71,000 $186,000 $36,000 $93,000
Hispanic 4 $280,000 $70,000 $214,000 $33,000 $47,000
American Indian or Alaskan Native 2 $213,000 $106,000 $138,000 $38,000 $39,000
Asian 1 $164,000 $164,000 $164,000 $77,000 $77,000
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) 874 $83,178,000 $95,000 $460,000 $55,000 $338,000
FHA-insured (Federal Housing Administration) 165 $20,846,000 $126,000 $276,000 $46,000 $275,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 43 $4,388,000 $102,000 $230,000 $24,000 $68,000
VA-guaranteed (Veterans Administration) 14 $1,751,000 $125,000 $246,000 $39,000 $102,000

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 487 $45,527,000 $93,000 $409,000 $57,000 $338,000
Application Denied By Financial Institution 324 $31,471,000 $97,000 $292,000 $50,000 $185,000
Loan Purchased By The Institution 132 $14,317,000 $108,000 $351,000 $22,000 $154,000
Application Withdrawn By Applicant 77 $9,850,000 $127,000 $460,000 $63,000 $332,000
Application Approved But Not Accepted 63 $7,167,000 $113,000 $417,000 $66,000 $183,000
File Closed For Incompleteness 13 $1,831,000 $140,000 $317,000 $65,000 $240,000
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 60 $4,649,000 $77,000 $286,000 $44,000 $150,000
Collateral 28 $2,813,000 $100,000 $235,000 $62,000 $185,000
Debt-To-Income Ratio 20 $2,003,000 $100,000 $270,000 $43,000 $156,000
Other 15 $1,174,000 $78,000 $200,000 $39,000 $102,000
Credit Application Incomplete 5 $590,000 $118,000 $153,000 $67,000 $147,000
Insufficient Cash (Downpayment, Closing Cost) 3 $321,000 $107,000 $151,000 $40,000 $48,000
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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