Virginia Commonwealth Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Virginia Commonwealth Bank 2020 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Virginia Commonwealth Bank 1801 Bayberry Court, Suite 101 Richmond, VA 23226 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2020 2019 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 444 |
| Total Mortgage Loan Application Amount | $160,970,000 |
| Average Mortgage Loan Application Amount | $260,200 |
| Highest Mortgage Loan Application Amount | $11,905,000 |
| Average Applicant Income | $186,400 |
| Highest Applicant Income | $7,047,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Virginia Commonwealth Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Virginia Commonwealth Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Virginia Commonwealth Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Virginia Commonwealth Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Virginia Commonwealth Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Virginia Commonwealth Bank's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Lancaster County Virginia | 76 | $ 20,560,000 | $ 270,000 | $ 170,000 |
| Northumberland County Virginia | 53 | $ 13,835,000 | $ 261,000 | $ 182,000 |
| Richmond City County Virginia | 46 | $ 28,540,000 | $ 620,000 | $ 207,000 |
| Chesterfield County Virginia | 45 | $ 11,275,000 | $ 250,000 | $ 154,000 |
| Henrico County Virginia | 41 | $ 18,325,000 | $ 446,000 | $ 354,000 |
| Middlesex County Virginia | 30 | $ 8,150,000 | $ 271,000 | $ 364,000 |
| Westmoreland County Virginia | 17 | $ 3,875,000 | $ 227,000 | $ 191,000 |
| Norfolk County Virginia | 13 | $ 15,225,000 | $ 1,171,000 | $ 68,000 |
| Gloucester County Virginia | 9 | $ 2,255,000 | $ 250,000 | $ 110,000 |
| Hanover County Virginia | 7 | $ 1,905,000 | $ 272,000 | $ 121,000 |
| Mathews County Virginia | 7 | $ 2,405,000 | $ 343,000 | $ 174,000 |
| Richmond County Virginia | 7 | $ 855,000 | $ 122,000 | $ 68,000 |
| Chesapeake County Virginia | 6 | $ 840,000 | $ 140,000 | $ 0 |
| Dinwiddie County Virginia | 6 | $ 1,110,000 | $ 185,000 | $ 76,000 |
| Essex County Virginia | 6 | $ 2,180,000 | $ 363,000 | $ 182,000 |
| Virginia Beach County Virginia | 5 | $ 1,015,000 | $ 203,000 | $ 146,000 |
| Petersburg County Virginia | 4 | $ 1,760,000 | $ 440,000 | $ 31,000 |
| Prince George County Virginia | 4 | $ 680,000 | $ 170,000 | $ 98,000 |
| Spotsylvania County Virginia | 4 | $ 1,320,000 | $ 330,000 | $ 50,000 |
| Dare County North Carolina | 3 | $ 935,000 | $ 311,000 | $ 337,000 |
| Cumberland County Virginia | 3 | $ 555,000 | $ 185,000 | $ 46,000 |
| Hopewell County Virginia | 3 | $ 385,000 | $ 128,000 | $ 70,000 |
| Portsmouth County Virginia | 3 | $ 2,185,000 | $ 728,000 | $ 0 |
| Suffolk County Virginia | 3 | $ 295,000 | $ 98,000 | $ 30,000 |
| Brunswick County Virginia | 2 | $ 450,000 | $ 225,000 | $ 0 |
| James City County Virginia | 2 | $ 780,000 | $ 390,000 | $ 114,000 |
| Loudoun County Virginia | 2 | $ 990,000 | $ 495,000 | $ 208,000 |
| Louisa County Virginia | 2 | $ 890,000 | $ 445,000 | $ 126,000 |
| Montgomery County Virginia | 2 | $ 420,000 | $ 210,000 | $ 103,000 |
| New Kent County Virginia | 2 | $ 590,000 | $ 295,000 | $ 124,000 |
| Newport News County Virginia | 2 | $ 3,150,000 | $ 1,575,000 | $ 0 |
| Powhatan County Virginia | 2 | $ 390,000 | $ 195,000 | $ 57,000 |
| York County Virginia | 2 | $ 470,000 | $ 235,000 | $ 141,000 |
| Buncombe County North Carolina | 1 | $ 335,000 | $ 335,000 | $ 231,000 |
| Camden County North Carolina | 1 | $ 375,000 | $ 375,000 | $ 180,000 |
| Charleston County South Carolina | 1 | $ 735,000 | $ 735,000 | $ 0 |
| Amelia County Virginia | 1 | $ 725,000 | $ 725,000 | $ 0 |
| Caroline County Virginia | 1 | $ 75,000 | $ 75,000 | $ 19,000 |
| Charlottesville County Virginia | 1 | $ 1,315,000 | $ 1,315,000 | $ 378,000 |
| Culpeper County Virginia | 1 | $ 345,000 | $ 345,000 | $ 135,000 |
| Fairfax County Virginia | 1 | $ 355,000 | $ 355,000 | $ 266,000 |
| Fluvanna County Virginia | 1 | $ 165,000 | $ 165,000 | $ 58,000 |
| Franklin City County Virginia | 1 | $ 155,000 | $ 155,000 | $ 95,000 |
| Goochland County Virginia | 1 | $ 265,000 | $ 265,000 | $ 79,000 |
| Hampton County Virginia | 1 | $ 85,000 | $ 85,000 | $ 27,000 |
| Harrisonburg County Virginia | 1 | $ 505,000 | $ 505,000 | $ 70,000 |
| Isle of Wight County Virginia | 1 | $ 105,000 | $ 105,000 | $ 98,000 |
| King and Queen County Virginia | 1 | $ 875,000 | $ 875,000 | $ 163,000 |
| King George County Virginia | 1 | $ 245,000 | $ 245,000 | $ 232,000 |
| King William County Virginia | 1 | $ 225,000 | $ 225,000 | $ 49,000 |
| Mecklenburg County Virginia | 1 | $ 325,000 | $ 325,000 | $ 195,000 |
| Orange County Virginia | 1 | $ 295,000 | $ 295,000 | $ 239,000 |
| Patrick County Virginia | 1 | $ 95,000 | $ 95,000 | $ 64,000 |
| Poquoson County Virginia | 1 | $ 375,000 | $ 375,000 | $ 244,000 |
| Prince William County Virginia | 1 | $ 735,000 | $ 735,000 | $ 319,000 |
| Roanoke City County Virginia | 1 | $ 115,000 | $ 115,000 | $ 447,000 |
| Staunton County Virginia | 1 | $ 2,695,000 | $ 2,695,000 | $ 0 |
| Warren County Virginia | 1 | $ 855,000 | $ 855,000 | $ 191,000 |
Mortgage Loan Application Detail Totals for Virginia Commonwealth Bank 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 | 153 | $58,945,000 | $385,000 | $7,005,000 | $206,000 | $2,086,000 |
| Refinancing | 152 | $59,140,000 | $389,000 | $11,905,000 | $245,000 | $7,047,000 |
| Cash-out Refinancing | 136 | $42,560,000 | $312,000 | $4,955,000 | $120,000 | $428,000 |
| Other Purpose | 2 | $220,000 | $110,000 | $165,000 | $361,000 | $685,000 |
| Home Improvement | 1 | $105,000 | $105,000 | $105,000 | $0 | $0 |
| Not Applicable | 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 | 303 | $88,575,000 | $292,000 | $1,625,000 | $201,000 | $7,047,000 |
| Not applicable | 97 | $62,695,000 | $646,000 | $11,905,000 | $0 | $0 |
| Not Provided | 20 | $5,080,000 | $254,000 | $515,000 | $220,000 | $1,580,000 |
| Black or African American | 16 | $2,530,000 | $158,000 | $345,000 | $90,000 | $207,000 |
| Asian | 5 | $1,605,000 | $321,000 | $505,000 | $114,000 | $266,000 |
| Hispanic | 3 | $485,000 | $161,000 | $245,000 | $154,000 | $280,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 444 | $160,970,000 | $362,000 | $11,905,000 | $195,000 | $7,047,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 382 | $143,200,000 | $374,000 | $11,905,000 | $206,000 | $7,047,000 |
| Application Withdrawn By Applicant | 39 | $12,335,000 | $316,000 | $1,285,000 | $169,000 | $656,000 |
| Application Denied By Financial Institution | 17 | $3,995,000 | $235,000 | $685,000 | $88,000 | $359,000 |
| Application Approved But Not Accepted | 6 | $1,440,000 | $240,000 | $395,000 | $122,000 | $289,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 444 | $160,970,000 | $362,000 | $11,905,000 | $195,000 | $7,047,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Virginia Commonwealth Bank's 2020 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 Virginia Commonwealth Bank'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.