Archer Mortgage LLC Mortgage Lending & HMDA Data, 2025

In 2025, Archer Mortgage LLC of Virginia Beach, VA reported 419 mortgage applications totaling $141.9 million, up 81% from 2024. The average application was for $338,723, and applicants reported an average income of $124,334. 78% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Virginia Beach-Norfolk-Newport News, VA-NC (362), Jacksonville, FL (20) and Richmond, VA (5) (applications in parentheses).

Mortgage Company & Address Archer Mortgage LLC
1100 Laskin Rd Service Rd Suite 200
Virginia Beach, VA 23451
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  
Total Number of Mortgage Applications 419
Total Mortgage Loan Application Amount $141,925,000
Average Mortgage Loan Application Amount $338,723
Highest Mortgage Loan Application Amount $985,000
Average Applicant Income $124,334
Highest Applicant Income $6,250,000

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Act (HMDA) records Archer Mortgage LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Archer Mortgage LLC by County in 2025

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Virginia Beach, Virginia 72 $ 26,920,000 $ 373,888 $ 121,000
Chesapeake, Virginia 70 $ 26,420,000 $ 377,428 $ 121,000
Norfolk, Virginia 58 $ 18,800,000 $ 324,137 $ 103,000
Portsmouth, Virginia 38 $ 10,760,000 $ 283,157 $ 95,000
Newport News, Virginia 35 $ 9,555,000 $ 273,000 $ 77,000
Hampton, Virginia 33 $ 9,895,000 $ 299,848 $ 93,000
Suffolk, Virginia 33 $ 11,665,000 $ 353,484 $ 108,000
Duval, Florida 19 $ 5,985,000 $ 315,000 $ 98,000
York, Virginia 6 $ 3,140,000 $ 523,333 $ 185,000
Gloucester, Virginia 5 $ 2,135,000 $ 427,000 $ 224,000
Pasquotank, North Carolina 3 $ 835,000 $ 278,333 $ 79,000
James City, Virginia 3 $ 1,185,000 $ 395,000 $ 118,000
Southampton, Virginia 3 $ 665,000 $ 221,666 $ 68,000
Hillsborough, Florida 2 $ 800,000 $ 400,000 $ 155,000
Currituck, North Carolina 2 $ 1,000,000 $ 500,000 $ 122,000
Gates, North Carolina 2 $ 640,000 $ 320,000 $ 126,000
Chesterfield, Virginia 2 $ 800,000 $ 400,000 $ 146,000
Isle of Wight, Virginia 2 $ 530,000 $ 265,000 $ 65,000
Lynchburg, Virginia 2 $ 490,000 $ 245,000 $ 198,000
Prince William, Virginia 2 $ 1,260,000 $ 630,000 $ 3,328,000
Richmond City, Virginia 2 $ 290,000 $ 145,000 $ 90,000
Calhoun, Alabama 1 $ 245,000 $ 245,000 $ 165,000
Mobile, Alabama 1 $ 545,000 $ 545,000 $ 0
Talladega, Alabama 1 $ 355,000 $ 355,000 $ 160,000
Clay, Florida 1 $ 365,000 $ 365,000 $ 117,000
Orange, Florida 1 $ 435,000 $ 435,000 $ 92,000
Pinellas, Florida 1 $ 625,000 $ 625,000 $ 149,000
Santa Rosa, Florida 1 $ 215,000 $ 215,000 $ 307,000
Camden, North Carolina 1 $ 355,000 $ 355,000 $ 172,000
Halifax, North Carolina 1 $ 135,000 $ 135,000 $ 58,000
Lee, North Carolina 1 $ 355,000 $ 355,000 $ 80,000
Northampton, North Carolina 1 $ 295,000 $ 295,000 $ 140,000
Onslow, North Carolina 1 $ 225,000 $ 225,000 $ 58,000
Perquimans, North Carolina 1 $ 305,000 $ 305,000 $ 97,000
Pitt, North Carolina 1 $ 265,000 $ 265,000 $ 75,000
Augusta, Virginia 1 $ 445,000 $ 445,000 $ 85,000
Fairfax, Virginia 1 $ 265,000 $ 265,000 $ 77,000
Franklin City, Virginia 1 $ 245,000 $ 245,000 $ 68,000
Henrico, Virginia 1 $ 225,000 $ 225,000 $ 61,000
Louisa, Virginia 1 $ 385,000 $ 385,000 $ 159,000
Lunenburg, Virginia 1 $ 175,000 $ 175,000 $ 81,000
Mathews, Virginia 1 $ 225,000 $ 225,000 $ 223,000
Mecklenburg, Virginia 1 $ 265,000 $ 265,000 $ 71,000
Northampton, Virginia 1 $ 345,000 $ 345,000 $ 98,000
Poquoson, Virginia 1 $ 395,000 $ 395,000 $ 100,000
Winchester, Virginia 1 $ 465,000 $ 465,000 $ 118,000

Mortgage Loan Application Detail Totals for Archer Mortgage LLC in 2025

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 396 $132,850,000 $335,000 $955,000 $126,000 $6,250,000
Refinancing 14 $5,520,000 $394,000 $985,000 $53,000 $307,000
Cash-out Refinancing 9 $3,555,000 $395,000 $705,000 $162,000 $364,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $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 180 $64,780,000 $359,000 $985,000 $152,000 $6,250,000
Black or African American 120 $36,380,000 $303,000 $625,000 $92,000 $214,000
Not Provided 58 $20,790,000 $358,000 $705,000 $145,000 $781,000
Hispanic 52 $17,120,000 $329,000 $525,000 $89,000 $170,000
Asian 9 $2,855,000 $317,000 $455,000 $92,000 $160,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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
VA-guaranteed (Veterans Administration) 212 $78,450,000 $370,000 $985,000 $138,000 $6,250,000
FHA-insured (Federal Housing Administration) 132 $41,200,000 $312,000 $735,000 $103,000 $486,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 74 $22,100,000 $298,000 $795,000 $127,000 $781,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $175,000 $175,000 $175,000 $81,000 $81,000

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 326 $112,330,000 $344,000 $985,000 $128,000 $6,250,000
Application Withdrawn By Applicant 49 $16,775,000 $342,000 $735,000 $116,000 $307,000
Application Approved But Not Accepted 28 $7,730,000 $276,000 $475,000 $118,000 $486,000
Application Denied By Financial Institution 11 $3,635,000 $330,000 $485,000 $91,000 $158,000
File Closed For Incompleteness 5 $1,455,000 $291,000 $345,000 $126,000 $180,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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 408 $138,290,000 $338,000 $985,000 $126,000 $6,250,000
Debt-To-Income Ratio 6 $2,350,000 $391,000 $485,000 $91,000 $158,000
Credit History 4 $1,150,000 $287,000 $415,000 $104,000 $152,000
Other 1 $135,000 $135,000 $135,000 $42,000 $42,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Archer Mortgage LLC's 2025 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Archer Mortgage LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Virginia, download the full spreadsheet with aggregated HMDA statistics today.

Download the Virginia Lender List