Chartway FCU Mortgage Lending & HMDA Data, 2024

In 2024, Chartway FCU of Virginia Beach, VA reported 1,930 mortgage applications totaling $278.0 million, down 7% from 2023. The average application was for $144,046, and applicants reported an average income of $121,962. 53% of its applications resulted in an originated loan and 29% were denied. Its largest markets were Virginia Beach-Norfolk-Newport News, VA-NC (883), Salt Lake City, UT (373) and St. George, UT (214) (applications in parentheses).

Mortgage Company & Address Chartway FCU
5700 Cleveland Street
Virginia Beach, VA 23462
Tel #: available with data download
Federal Regulator * available with data download
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 1,930
Total Mortgage Loan Application Amount $278,010,000
Average Mortgage Loan Application Amount $144,046
Highest Mortgage Loan Application Amount $2,005,000
Average Applicant Income $121,962
Highest Applicant Income $1,154,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Chartway FCU filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Chartway FCU by County in 2024

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 353 $ 35,615,000 $ 100,892 $ 120,000
Salt Lake, Utah 234 $ 53,220,000 $ 227,435 $ 128,000
Chesapeake, Virginia 215 $ 21,045,000 $ 97,883 $ 134,000
Washington, Utah 214 $ 33,150,000 $ 154,906 $ 129,000
Tooele, Utah 139 $ 13,605,000 $ 97,877 $ 118,000
Norfolk, Virginia 126 $ 8,750,000 $ 69,444 $ 93,000
Harris, Texas 78 $ 6,780,000 $ 86,923 $ 102,000
Portsmouth, Virginia 70 $ 4,770,000 $ 68,142 $ 93,000
Suffolk, Virginia 58 $ 6,100,000 $ 105,172 $ 119,000
Utah, Utah 43 $ 9,955,000 $ 231,511 $ 140,000
Iron, Utah 35 $ 4,145,000 $ 118,428 $ 113,000
Dare, North Carolina 25 $ 14,005,000 $ 560,200 $ 141,000
Currituck, North Carolina 18 $ 6,330,000 $ 351,666 $ 106,000
Davis, Utah 16 $ 4,940,000 $ 308,750 $ 119,000
Montgomery, Texas 14 $ 1,350,000 $ 96,428 $ 154,000
Weber, Utah 11 $ 3,705,000 $ 336,818 $ 107,000
Pasquotank, North Carolina 10 $ 940,000 $ 94,000 $ 102,000
Henrico, Virginia 10 $ 1,690,000 $ 169,000 $ 179,000
Isle of Wight, Virginia 10 $ 690,000 $ 69,000 $ 98,000
Newport News, Virginia 10 $ 720,000 $ 72,000 $ 105,000
Hampton, Virginia 7 $ 555,000 $ 79,285 $ 63,000
Chesterfield, Virginia 6 $ 1,730,000 $ 288,333 $ 129,000
Summit, Utah 5 $ 1,905,000 $ 381,000 $ 165,000
Richmond City, Virginia 5 $ 2,235,000 $ 447,000 $ 107,000
Southampton, Virginia 5 $ 505,000 $ 101,000 $ 103,000
Horry, South Carolina 4 $ 1,690,000 $ 422,500 $ 0
Fresno, California 3 $ 235,000 $ 78,333 $ 98,000
Hillsborough, Florida 3 $ 535,000 $ 178,333 $ 120,000
Brunswick, North Carolina 3 $ 1,035,000 $ 345,000 $ 112,000
Wake, North Carolina 3 $ 465,000 $ 155,000 $ 124,000
Bexar, Texas 3 $ 305,000 $ 101,666 $ 77,000
Dallas, Texas 3 $ 395,000 $ 131,666 $ 83,000
Denton, Texas 3 $ 1,225,000 $ 408,333 $ 305,000
Fort Bend, Texas 3 $ 185,000 $ 61,666 $ 127,000
Liberty, Texas 3 $ 235,000 $ 78,333 $ 64,000
Wasatch, Utah 3 $ 1,825,000 $ 608,333 $ 138,000
James City, Virginia 3 $ 485,000 $ 161,666 $ 155,000
Powhatan, Virginia 3 $ 585,000 $ 195,000 $ 103,000
Surry, Virginia 3 $ 135,000 $ 45,000 $ 93,000
York, Virginia 3 $ 435,000 $ 145,000 $ 113,000
Maricopa, Arizona 2 $ 240,000 $ 120,000 $ 164,000
Sacramento, California 2 $ 110,000 $ 55,000 $ 121,000
Douglas, Colorado 2 $ 180,000 $ 90,000 $ 182,000
Brevard, Florida 2 $ 650,000 $ 325,000 $ 50,000
Clay, Florida 2 $ 110,000 $ 55,000 $ 138,000
Prince George's, Maryland 2 $ 190,000 $ 95,000 $ 61,000
Chowan, North Carolina 2 $ 280,000 $ 140,000 $ 61,000
Cumberland, North Carolina 2 $ 140,000 $ 70,000 $ 141,000
Mecklenburg, North Carolina 2 $ 180,000 $ 90,000 $ 41,000
New Hanover, North Carolina 2 $ 1,070,000 $ 535,000 $ 0
Northampton, North Carolina 2 $ 890,000 $ 445,000 $ 355,000
Onslow, North Carolina 2 $ 910,000 $ 455,000 $ 0
Perquimans, North Carolina 2 $ 110,000 $ 55,000 $ 77,000
Cuyahoga, Ohio 2 $ 90,000 $ 45,000 $ 85,000
Brazoria, Texas 2 $ 290,000 $ 145,000 $ 91,000
Galveston, Texas 2 $ 160,000 $ 80,000 $ 129,000
Beaver, Utah 2 $ 270,000 $ 135,000 $ 133,000
Carbon, Utah 2 $ 390,000 $ 195,000 $ 65,000
Sanpete, Utah 2 $ 270,000 $ 135,000 $ 100,000
Bedford, Virginia 2 $ 160,000 $ 80,000 $ 97,000
Franklin City, Virginia 2 $ 140,000 $ 70,000 $ 108,000
Goochland, Virginia 2 $ 1,030,000 $ 515,000 $ 136,000
Lancaster, Virginia 2 $ 670,000 $ 335,000 $ 369,000
Loudoun, Virginia 2 $ 340,000 $ 170,000 $ 207,000
Mathews, Virginia 2 $ 520,000 $ 260,000 $ 0
Nelson, Virginia 2 $ 670,000 $ 335,000 $ 301,000
New Kent, Virginia 2 $ 320,000 $ 160,000 $ 78,000
Northumberland, Virginia 2 $ 1,240,000 $ 620,000 $ 0
Prince George, Virginia 2 $ 410,000 $ 205,000 $ 101,000
Rockingham, Virginia 2 $ 890,000 $ 445,000 $ 0
Sussex, Virginia 2 $ 220,000 $ 110,000 $ 210,000
Milwaukee, Wisconsin 2 $ 230,000 $ 115,000 $ 107,000
Carbon, Wyoming 2 $ 530,000 $ 265,000 $ 244,000
Navajo, Arizona 1 $ 95,000 $ 95,000 $ 149,000
Benton, Arkansas 1 $ 115,000 $ 115,000 $ 105,000
Los Angeles, California 1 $ 15,000 $ 15,000 $ 54,000
San Bernardino, California 1 $ 95,000 $ 95,000 $ 60,000
Weld, Colorado 1 $ 55,000 $ 55,000 $ 0
New Castle, Delaware 1 $ 15,000 $ 15,000 $ 52,000
District of Columbia, District Of Columbia 1 $ 275,000 $ 275,000 $ 240,000
Broward, Florida 1 $ 75,000 $ 75,000 $ 158,000
Orange, Florida 1 $ 15,000 $ 15,000 $ 84,000
Pinellas, Florida 1 $ 75,000 $ 75,000 $ 228,000
Sarasota, Florida 1 $ 55,000 $ 55,000 $ 72,000
St. Johns, Florida 1 $ 55,000 $ 55,000 $ 199,000
Clayton, Georgia 1 $ 25,000 $ 25,000 $ 72,000
Cobb, Georgia 1 $ 75,000 $ 75,000 $ 111,000
Coweta, Georgia 1 $ 75,000 $ 75,000 $ 150,000
DeKalb, Georgia 1 $ 75,000 $ 75,000 $ 242,000
Forsyth, Georgia 1 $ 45,000 $ 45,000 $ 127,000
Henry, Georgia 1 $ 45,000 $ 45,000 $ 87,000
Towns, Georgia 1 $ 205,000 $ 205,000 $ 235,000
Cook, Illinois 1 $ 85,000 $ 85,000 $ 255,000
DeKalb, Indiana 1 $ 15,000 $ 15,000 $ 0
Johnson, Indiana 1 $ 45,000 $ 45,000 $ 153,000
Republic, Kansas 1 $ 35,000 $ 35,000 $ 68,000
Rapides, Louisiana 1 $ 95,000 $ 95,000 $ 175,000
Hancock, Maine 1 $ 35,000 $ 35,000 $ 130,000
Anne Arundel, Maryland 1 $ 445,000 $ 445,000 $ 0
Carroll, Maryland 1 $ 135,000 $ 135,000 $ 214,000
Frederick, Maryland 1 $ 75,000 $ 75,000 $ 141,000
Harford, Maryland 1 $ 35,000 $ 35,000 $ 179,000
Norfolk, Massachusetts 1 $ 85,000 $ 85,000 $ 156,000
Hennepin, Minnesota 1 $ 395,000 $ 395,000 $ 144,000
St. Clair, Missouri 1 $ 55,000 $ 55,000 $ 103,000
Clark, Nevada 1 $ 165,000 $ 165,000 $ 116,000
Lyon, Nevada 1 $ 25,000 $ 25,000 $ 0
Washoe, Nevada 1 $ 355,000 $ 355,000 $ 247,000
White Pine, Nevada 1 $ 15,000 $ 15,000 $ 13,000
Bergen, New Jersey 1 $ 35,000 $ 35,000 $ 94,000
Lewis, New York 1 $ 25,000 $ 25,000 $ 69,000
Nassau, New York 1 $ 385,000 $ 385,000 $ 145,000
Ashe, North Carolina 1 $ 235,000 $ 235,000 $ 0
Beaufort, North Carolina 1 $ 55,000 $ 55,000 $ 48,000
Bertie, North Carolina 1 $ 885,000 $ 885,000 $ 0
Camden, North Carolina 1 $ 425,000 $ 425,000 $ 0
Carteret, North Carolina 1 $ 355,000 $ 355,000 $ 0
Gaston, North Carolina 1 $ 235,000 $ 235,000 $ 50,000
Gates, North Carolina 1 $ 55,000 $ 55,000 $ 88,000
Guilford, North Carolina 1 $ 85,000 $ 85,000 $ 153,000
Pitt, North Carolina 1 $ 95,000 $ 95,000 $ 122,000
Randolph, North Carolina 1 $ 155,000 $ 155,000 $ 100,000
Washington, North Carolina 1 $ 55,000 $ 55,000 $ 149,000
Wayne, North Carolina 1 $ 295,000 $ 295,000 $ 0
Allen, Ohio 1 $ 35,000 $ 35,000 $ 82,000
Kay, Oklahoma 1 $ 25,000 $ 25,000 $ 141,000
Lincoln, Oregon 1 $ 335,000 $ 335,000 $ 247,000
Bedford, Pennsylvania 1 $ 45,000 $ 45,000 $ 29,000
Washington, Pennsylvania 1 $ 25,000 $ 25,000 $ 73,000
Lancaster, South Carolina 1 $ 285,000 $ 285,000 $ 0
McCormick, South Carolina 1 $ 135,000 $ 135,000 $ 57,000
York, South Carolina 1 $ 55,000 $ 55,000 $ 98,000
Bell, Texas 1 $ 25,000 $ 25,000 $ 179,000
Collin, Texas 1 $ 45,000 $ 45,000 $ 45,000
Comal, Texas 1 $ 45,000 $ 45,000 $ 120,000
El Paso, Texas 1 $ 35,000 $ 35,000 $ 87,000
Jefferson, Texas 1 $ 155,000 $ 155,000 $ 104,000
Nueces, Texas 1 $ 105,000 $ 105,000 $ 146,000
San Jacinto, Texas 1 $ 75,000 $ 75,000 $ 57,000
Tarrant, Texas 1 $ 65,000 $ 65,000 $ 103,000
Travis, Texas 1 $ 205,000 $ 205,000 $ 290,000
Webb, Texas 1 $ 55,000 $ 55,000 $ 171,000
Box Elder, Utah 1 $ 275,000 $ 275,000 $ 67,000
Emery, Utah 1 $ 75,000 $ 75,000 $ 85,000
Juab, Utah 1 $ 85,000 $ 85,000 $ 171,000
Kane, Utah 1 $ 185,000 $ 185,000 $ 33,000
Rich, Utah 1 $ 255,000 $ 255,000 $ 60,000
Uintah, Utah 1 $ 155,000 $ 155,000 $ 31,000
Accomack, Virginia 1 $ 15,000 $ 15,000 $ 44,000
Botetourt, Virginia 1 $ 35,000 $ 35,000 $ 194,000
Charles City, Virginia 1 $ 155,000 $ 155,000 $ 1,154,000
Cumberland, Virginia 1 $ 275,000 $ 275,000 $ 0
Fairfax, Virginia 1 $ 35,000 $ 35,000 $ 140,000
Floyd, Virginia 1 $ 245,000 $ 245,000 $ 147,000
Franklin, Virginia 1 $ 345,000 $ 345,000 $ 0
Gloucester, Virginia 1 $ 75,000 $ 75,000 $ 216,000
Hanover, Virginia 1 $ 25,000 $ 25,000 $ 178,000
Louisa, Virginia 1 $ 725,000 $ 725,000 $ 0
Mecklenburg, Virginia 1 $ 885,000 $ 885,000 $ 0
Middlesex, Virginia 1 $ 585,000 $ 585,000 $ 0
Northampton, Virginia 1 $ 165,000 $ 165,000 $ 193,000
Page, Virginia 1 $ 275,000 $ 275,000 $ 0
Poquoson, Virginia 1 $ 45,000 $ 45,000 $ 88,000
Prince Edward, Virginia 1 $ 305,000 $ 305,000 $ 0
Roanoke City, Virginia 1 $ 15,000 $ 15,000 $ 83,000
Stafford, Virginia 1 $ 405,000 $ 405,000 $ 644,000
Westmoreland, Virginia 1 $ 585,000 $ 585,000 $ 0
Williamsburg, Virginia 1 $ 65,000 $ 65,000 $ 278,000
King, Washington 1 $ 65,000 $ 65,000 $ 126,000
Jefferson, West Virginia 1 $ 35,000 $ 35,000 $ 250,000
Pocahontas, West Virginia 1 $ 675,000 $ 675,000 $ 0
Polk, Wisconsin 1 $ 75,000 $ 75,000 $ 145,000
Sheridan, Wyoming 1 $ 25,000 $ 25,000 $ 73,000

Mortgage Loan Application Detail Totals for Chartway FCU in 2024

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 Improvement 671 $54,325,000 $80,000 $405,000 $116,000 $1,154,000
Other Purpose 525 $47,805,000 $91,000 $685,000 $120,000 $1,008,000
Refinancing 477 $65,655,000 $137,000 $865,000 $131,000 $1,127,000
Home Purchase 232 $104,990,000 $452,000 $2,005,000 $127,000 $460,000
Cash-out Refinancing 25 $5,235,000 $209,000 $445,000 $104,000 $246,000
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 1,071 $119,235,000 $111,000 $955,000 $132,000 $1,154,000
Hispanic 313 $69,835,000 $223,000 $865,000 $107,000 $490,000
Black or African American 275 $20,755,000 $75,000 $325,000 $94,000 $458,000
Not Provided 86 $10,140,000 $117,000 $425,000 $147,000 $1,008,000
Not applicable 85 $46,645,000 $548,000 $2,005,000 $0 $0
Asian 73 $9,295,000 $127,000 $655,000 $116,000 $399,000
American Indian or Alaskan Native 18 $1,310,000 $72,000 $175,000 $108,000 $197,000
Native Hawaiian or Other Pacific Islander 9 $795,000 $88,000 $175,000 $103,000 $214,000

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) 1,930 $278,010,000 $144,000 $2,005,000 $122,000 $1,154,000
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 1,021 $138,705,000 $135,000 $955,000 $134,000 $1,154,000
Application Denied By Financial Institution 562 $62,930,000 $111,000 $705,000 $99,000 $841,000
Application Withdrawn By Applicant 181 $21,615,000 $119,000 $495,000 $120,000 $1,008,000
Loan Purchased By The Institution 85 $46,645,000 $548,000 $2,005,000 $0 $0
Application Approved But Not Accepted 79 $7,805,000 $98,000 $605,000 $123,000 $415,000
File Closed For Incompleteness 2 $310,000 $155,000 $225,000 $92,000 $115,000
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
Not applicable 1,368 $215,080,000 $157,000 $2,005,000 $132,000 $1,154,000
Debt-To-Income Ratio 282 $35,190,000 $124,000 $705,000 $82,000 $266,000
Credit History 121 $9,865,000 $81,000 $505,000 $92,000 $410,000
Credit Application Incomplete 99 $11,375,000 $114,000 $705,000 $125,000 $644,000
Collateral 38 $4,140,000 $108,000 $565,000 $156,000 $841,000
Other 12 $1,170,000 $97,000 $175,000 $130,000 $277,000
Unverifiable Information 9 $1,155,000 $128,000 $295,000 $164,000 $429,000
Employment History 1 $35,000 $35,000 $35,000 $52,000 $52,000
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 Chartway FCU's 2024 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 Chartway FCU'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