Valleystar Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
Valleystar Credit Union 2021 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 | Valleystar Credit Union 41 Wheeler Ave Martinsville, VA 24078 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 |
| Total Number of Mortgage Applications | 421 |
| Total Mortgage Loan Application Amount | $63,935,000 |
| Average Mortgage Loan Application Amount | $130,000 |
| Highest Mortgage Loan Application Amount | $2,225,000 |
| Average Applicant Income | $85,400 |
| Highest Applicant Income | $1,811,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with Valleystar Credit Union. 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 Valleystar Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2021 breaks down Valleystar Credit Union'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 Valleystar Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Valleystar Credit Union, 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 Valleystar Credit Union's mortgage activity for 2021.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Henry County Virginia | 120 | $ 11,660,000 | $ 97,000 | $ 69,000 |
| Franklin County Virginia | 47 | $ 9,185,000 | $ 195,000 | $ 87,000 |
| Danville County Virginia | 38 | $ 4,450,000 | $ 117,000 | $ 98,000 |
| Martinsville County Virginia | 36 | $ 2,610,000 | $ 72,000 | $ 61,000 |
| Pittsylvania County Virginia | 28 | $ 3,500,000 | $ 125,000 | $ 157,000 |
| Augusta County Virginia | 27 | $ 5,425,000 | $ 200,000 | $ 82,000 |
| Roanoke City County Virginia | 27 | $ 5,815,000 | $ 215,000 | $ 134,000 |
| Patrick County Virginia | 14 | $ 1,980,000 | $ 141,000 | $ 72,000 |
| Roanoke County Virginia | 9 | $ 1,255,000 | $ 139,000 | $ 118,000 |
| Waynesboro County Virginia | 6 | $ 900,000 | $ 150,000 | $ 133,000 |
| Rockingham County North Carolina | 4 | $ 970,000 | $ 242,000 | $ 58,000 |
| Bedford County Virginia | 4 | $ 1,500,000 | $ 375,000 | $ 182,000 |
| Chesterfield County Virginia | 4 | $ 650,000 | $ 162,000 | $ 74,000 |
| Halifax County Virginia | 4 | $ 460,000 | $ 115,000 | $ 37,000 |
| Wake County North Carolina | 3 | $ 555,000 | $ 185,000 | $ 63,000 |
| Horry County South Carolina | 3 | $ 1,405,000 | $ 468,000 | $ 0 |
| Sumter County South Carolina | 3 | $ 805,000 | $ 268,000 | $ 0 |
| Amherst County Virginia | 3 | $ 605,000 | $ 201,000 | $ 0 |
| Carroll County Virginia | 3 | $ 295,000 | $ 98,000 | $ 55,000 |
| Hanover County Virginia | 3 | $ 375,000 | $ 125,000 | $ 60,000 |
| Henrico County Virginia | 3 | $ 635,000 | $ 211,000 | $ 116,000 |
| Caswell County North Carolina | 2 | $ 140,000 | $ 70,000 | $ 47,000 |
| Alleghany County Virginia | 2 | $ 180,000 | $ 90,000 | $ 199,000 |
| Botetourt County Virginia | 2 | $ 1,200,000 | $ 600,000 | $ 0 |
| Covington County Virginia | 2 | $ 630,000 | $ 315,000 | $ 171,000 |
| Richmond City County Virginia | 2 | $ 140,000 | $ 70,000 | $ 80,000 |
| Salem County Virginia | 2 | $ 1,040,000 | $ 520,000 | $ 0 |
| Staunton County Virginia | 2 | $ 2,330,000 | $ 1,165,000 | $ 0 |
| Pinellas County Florida | 1 | $ 295,000 | $ 295,000 | $ 0 |
| Caldwell County North Carolina | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Catawba County North Carolina | 1 | $ 65,000 | $ 65,000 | $ 20,000 |
| Gaston County North Carolina | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Guilford County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 180,000 |
| Watauga County North Carolina | 1 | $ 65,000 | $ 65,000 | $ 264,000 |
| Sumner County Tennessee | 1 | $ 15,000 | $ 15,000 | $ 71,000 |
| Williamson County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 48,000 |
| Bath County Virginia | 1 | $ 85,000 | $ 85,000 | $ 119,000 |
| Dinwiddie County Virginia | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Lexington County Virginia | 1 | $ 295,000 | $ 295,000 | $ 171,000 |
| Louisa County Virginia | 1 | $ 105,000 | $ 105,000 | $ 98,000 |
| Lynchburg County Virginia | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Montgomery County Virginia | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Page County Virginia | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Surry County Virginia | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Virginia Beach County Virginia | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Washington County Virginia | 1 | $ 85,000 | $ 85,000 | $ 33,000 |
Mortgage Loan Application Detail Totals for Valleystar Credit Union in 2021
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 | 172 | $34,520,000 | $200,000 | $2,225,000 | $83,000 | $466,000 |
| Cash-out Refinancing | 76 | $12,970,000 | $170,000 | $675,000 | $77,000 | $212,000 |
| Home Improvement | 62 | $2,950,000 | $47,000 | $185,000 | $72,000 | $264,000 |
| Refinancing | 60 | $10,450,000 | $174,000 | $645,000 | $117,000 | $1,811,000 |
| Other Purpose | 51 | $3,045,000 | $59,000 | $205,000 | $78,000 | $276,000 |
| 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 | 201 | $23,285,000 | $115,000 | $645,000 | $97,000 | $1,811,000 |
| Not applicable | 108 | $28,390,000 | $262,000 | $2,225,000 | $0 | $0 |
| Not Provided | 61 | $8,195,000 | $134,000 | $645,000 | $72,000 | $245,000 |
| Black or African American | 46 | $3,420,000 | $74,000 | $195,000 | $55,000 | $147,000 |
| Hispanic | 3 | $415,000 | $138,000 | $185,000 | $48,000 | $89,000 |
| American Indian or Alaskan Native | 1 | $55,000 | $55,000 | $55,000 | $69,000 | $69,000 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 421 | $63,935,000 | $151,000 | $2,225,000 | $85,000 | $1,811,000 |
| 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 | 323 | $57,385,000 | $177,000 | $2,225,000 | $93,000 | $1,811,000 |
| Application Withdrawn By Applicant | 46 | $3,190,000 | $69,000 | $335,000 | $73,000 | $264,000 |
| Application Denied By Financial Institution | 42 | $2,480,000 | $59,000 | $245,000 | $66,000 | $216,000 |
| File Closed For Incompleteness | 8 | $390,000 | $48,000 | $105,000 | $66,000 | $155,000 |
| Preapproval Approved but not Accepted | 2 | $490,000 | $245,000 | $375,000 | $51,000 | $86,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 | 379 | $61,455,000 | $162,000 | $2,225,000 | $88,000 | $1,811,000 |
| Other | 15 | $775,000 | $51,000 | $205,000 | $60,000 | $180,000 |
| Credit History | 14 | $530,000 | $37,000 | $85,000 | $59,000 | $180,000 |
| Collateral | 8 | $360,000 | $45,000 | $65,000 | $93,000 | $216,000 |
| Debt-To-Income Ratio | 2 | $440,000 | $220,000 | $245,000 | $92,000 | $154,000 |
| Unverifiable Information | 2 | $280,000 | $140,000 | $155,000 | $35,000 | $40,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $95,000 | $95,000 | $95,000 | $46,000 | $46,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Valleystar Credit Union's 2021 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 Valleystar Credit Union'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.