George Mason Mortgage, LLC Mortgage Lending & HMDA Data, 2023
In 2023, George Mason Mortgage, LLC of Prince William, VA reported 3,942 mortgage applications totaling $1.6 billion, down 49% from 2022. The average application was for $416,415, and applicants reported an average income of $157,754. 76% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Washington-Arlington-Alexandria, DC-VA-MD-WV (1,322), Richmond, VA (1,122) and Baltimore-Columbia-Towson, MD (399) (applications in parentheses).
| Mortgage Company & Address | George Mason Mortgage, LLC 4100 Monument Corner Drive #100 Prince William, VA 22030 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 |
| Total Number of Mortgage Applications | 3,942 |
| Total Mortgage Loan Application Amount | $1,641,510,000 |
| Average Mortgage Loan Application Amount | $416,415 |
| Highest Mortgage Loan Application Amount | $24,055,000 |
| Average Applicant Income | $157,754 |
| Highest Applicant Income | $5,288,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records George Mason Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 1,322 | $ 634,740,000 | $ 480,136 | $ 158,996 |
| Richmond, VA | 1,122 | $ 377,420,000 | $ 336,381 | $ 120,000 |
| Baltimore-Columbia-Towson, MD | 399 | $ 160,385,000 | $ 401,967 | $ 197,000 |
| Washington-Baltimore-Arlington, DC | 325 | $ 164,825,000 | $ 507,153 | $ 191,000 |
| Outside any metro area | 265 | $ 85,665,000 | $ 323,264 | $ 149,218 |
| Hagerstown-Martinsburg, MD-WV | 81 | $ 23,555,000 | $ 290,802 | $ 138,555 |
| Hilton Head Island-Bluffton-Beaufort, SC | 59 | $ 33,885,000 | $ 574,322 | $ 246,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 48 | $ 15,540,000 | $ 323,750 | $ 149,187 |
| Atlanta-Sandy Springs-Roswell, GA | 41 | $ 16,165,000 | $ 394,268 | $ 138,000 |
| Harrisonburg, VA | 37 | $ 10,645,000 | $ 287,702 | $ 133,000 |
| Salisbury, MD-DE | 27 | $ 12,935,000 | $ 479,074 | $ 479,000 |
| Chambersburg-Waynesboro, PA | 23 | $ 7,165,000 | $ 311,521 | $ 126,000 |
| Winchester, VA-WV | 20 | $ 7,280,000 | $ 364,000 | $ 122,600 |
| Charlottesville, VA | 17 | $ 4,635,000 | $ 272,647 | $ 113,000 |
| Staunton-Waynesboro, VA | 16 | $ 3,980,000 | $ 248,750 | $ 106,000 |
| York-Hanover, PA | 15 | $ 4,785,000 | $ 319,000 | $ 136,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 12 | $ 4,560,000 | $ 380,000 | $ 224,333 |
| Tampa-St. Petersburg-Clearwater, FL | 11 | $ 4,015,000 | $ 365,000 | $ 274,000 |
| Charlotte-Concord-Gastonia, NC-SC | 9 | $ 4,435,000 | $ 492,777 | $ 214,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 6 | $ 3,630,000 | $ 605,000 | $ 280,000 |
| Gettysburg, PA | 5 | $ 1,625,000 | $ 325,000 | $ 111,000 |
| Raleigh, NC | 5 | $ 3,135,000 | $ 627,000 | $ 210,000 |
| Blacksburg-Christiansburg-Radford, VA | 4 | $ 980,000 | $ 245,000 | $ 115,000 |
| Greenville-Anderson-Mauldin, SC | 4 | $ 4,160,000 | $ 1,040,000 | $ 275,000 |
| Lynchburg, VA | 4 | $ 1,280,000 | $ 320,000 | $ 215,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 4 | $ 1,670,000 | $ 417,500 | $ 186,000 |
| North Port-Sarasota-Bradenton, FL | 4 | $ 1,200,000 | $ 300,000 | $ 125,000 |
| Roanoke, VA | 4 | $ 2,100,000 | $ 525,000 | $ 220,000 |
| California-Lexington Park, MD | 3 | $ 1,125,000 | $ 375,000 | $ 238,000 |
| Charleston-North Charleston, SC | 3 | $ 2,375,000 | $ 791,666 | $ 252,000 |
| Memphis, TN-MS-AR | 3 | $ 895,000 | $ 298,333 | $ 183,000 |
| Savannah, GA | 3 | $ 785,000 | $ 261,666 | $ 116,000 |
| Winston-Salem, NC | 3 | $ 805,000 | $ 268,333 | $ 178,000 |
| Cape Coral-Fort Myers, FL | 2 | $ 1,250,000 | $ 625,000 | $ 734,000 |
| Columbia, SC | 2 | $ 1,140,000 | $ 570,000 | $ 329,000 |
| Cumberland, MD-WV | 2 | $ 400,000 | $ 200,000 | $ 81,000 |
| Harrisburg-Carlisle, PA | 2 | $ 600,000 | $ 300,000 | $ 160,000 |
| Jacksonville, FL | 2 | $ 1,120,000 | $ 560,000 | $ 940,000 |
| Lancaster, PA | 2 | $ 370,000 | $ 185,000 | $ 195,000 |
| Miami-Miami Beach-Kendall, FL | 2 | $ 1,410,000 | $ 705,000 | $ 410,000 |
| Orlando-Kissimmee-Sanford, FL | 2 | $ 1,130,000 | $ 565,000 | $ 133,000 |
| Port St. Lucie, FL | 2 | $ 820,000 | $ 410,000 | $ 210,000 |
| Warner Robins, GA | 2 | $ 760,000 | $ 380,000 | $ 145,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 2 | $ 24,450,000 | $ 12,225,000 | $ 219,000 |
| Wilmington, NC | 2 | $ 1,200,000 | $ 600,000 | $ 276,000 |
| Canton-Massillon, OH | 1 | $ 215,000 | $ 215,000 | $ 98,000 |
| Cincinnati, OH-KY-IN | 1 | $ 435,000 | $ 435,000 | $ 150,000 |
| Columbus, OH | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Durham-Chapel Hill, NC | 1 | $ 255,000 | $ 255,000 | $ 140,000 |
| Fayetteville, NC | 1 | $ 225,000 | $ 225,000 | $ 167,000 |
| Hinesville, GA | 1 | $ 285,000 | $ 285,000 | $ 70,000 |
| Kingsport-Bristol-Bristol, TN-VA | 1 | $ 245,000 | $ 245,000 | $ 90,000 |
| Knoxville, TN | 1 | $ 505,000 | $ 505,000 | $ 163,000 |
| Lakeland-Winter Haven, FL | 1 | $ 315,000 | $ 315,000 | $ 334,000 |
| Naples-Immokalee-Marco Island, FL | 1 | $ 505,000 | $ 505,000 | $ 190,000 |
| Philadelphia, PA | 1 | $ 305,000 | $ 305,000 | $ 102,000 |
| Pittsburgh, PA | 1 | $ 375,000 | $ 375,000 | $ 130,000 |
| State College, PA | 1 | $ 285,000 | $ 285,000 | $ 224,000 |
| Youngstown-Warren-Boardman, OH-PA | 1 | $ 115,000 | $ 115,000 | $ 117,000 |
Mortgage Loan Application Detail Totals for George Mason Mortgage, LLC 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 | 3,591 | $1,511,435,000 | $420,000 | $24,055,000 | $159,000 | $5,288,000 |
| Refinancing | 234 | $89,250,000 | $381,000 | $1,755,000 | $136,000 | $1,360,000 |
| Cash-out Refinancing | 98 | $36,730,000 | $374,000 | $1,445,000 | $163,000 | $1,309,000 |
| Home Improvement | 13 | $3,235,000 | $248,000 | $605,000 | $189,000 | $917,000 |
| Other Purpose | 5 | $775,000 | $155,000 | $225,000 | $97,000 | $167,000 |
| Not Applicable | 1 | $85,000 | $85,000 | $85,000 | $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 | 1,797 | $807,215,000 | $449,000 | $24,055,000 | $184,000 | $5,288,000 |
| Black or African American | 777 | $283,155,000 | $364,000 | $2,325,000 | $117,000 | $656,000 |
| Not Provided | 764 | $308,730,000 | $404,000 | $2,025,000 | $154,000 | $2,394,000 |
| Hispanic | 367 | $133,225,000 | $363,000 | $1,705,000 | $109,000 | $1,140,000 |
| Asian | 161 | $78,595,000 | $488,000 | $2,505,000 | $185,000 | $2,502,000 |
| American Indian or Alaskan Native | 19 | $5,955,000 | $313,000 | $555,000 | $133,000 | $354,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $780,000 | $195,000 | $475,000 | $112,000 | $278,000 |
| Not applicable | 3 | $715,000 | $238,000 | $405,000 | $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) | 3,208 | $1,353,830,000 | $422,000 | $24,055,000 | $166,000 | $5,288,000 |
| FHA-insured (Federal Housing Administration) | 470 | $169,270,000 | $360,000 | $1,395,000 | $114,000 | $465,000 |
| VA-guaranteed (Veterans Administration) | 212 | $105,460,000 | $497,000 | $1,445,000 | $142,000 | $413,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 52 | $12,950,000 | $249,000 | $395,000 | $77,000 | $123,000 |
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 | 2,990 | $1,236,000,000 | $413,000 | $24,055,000 | $151,000 | $5,288,000 |
| Application Withdrawn By Applicant | 731 | $320,515,000 | $438,000 | $2,505,000 | $178,000 | $2,502,000 |
| Application Denied By Financial Institution | 173 | $63,205,000 | $365,000 | $1,715,000 | $140,000 | $4,112,000 |
| File Closed For Incompleteness | 39 | $19,435,000 | $498,000 | $3,005,000 | $329,000 | $4,765,000 |
| Application Approved But Not Accepted | 6 | $1,640,000 | $273,000 | $395,000 | $123,000 | $266,000 |
| Loan Purchased By The Institution | 3 | $715,000 | $238,000 | $405,000 | $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 | 3,769 | $1,578,305,000 | $418,000 | $24,055,000 | $158,000 | $5,288,000 |
| Debt-To-Income Ratio | 51 | $24,995,000 | $490,000 | $1,715,000 | $101,000 | $380,000 |
| Credit History | 36 | $11,970,000 | $332,000 | $1,205,000 | $235,000 | $4,112,000 |
| Collateral | 25 | $7,255,000 | $290,000 | $755,000 | $115,000 | $501,000 |
| Unverifiable Information | 20 | $6,010,000 | $300,000 | $835,000 | $115,000 | $238,000 |
| Other | 19 | $4,055,000 | $213,000 | $445,000 | $154,000 | $1,360,000 |
| Employment History | 12 | $4,070,000 | $339,000 | $755,000 | $95,000 | $339,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $3,740,000 | $467,000 | $1,705,000 | $140,000 | $576,000 |
| Credit Application Incomplete | 2 | $1,110,000 | $555,000 | $645,000 | $189,000 | $256,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into George Mason Mortgage, LLC's 2023 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 George Mason 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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About