Mefc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2008
Mefc 2008 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 | Mefc 25 First Street, Se, #1 Leesburg, VA 20175 |
| Federal Regulator | * available with data download |
| Years | 2009 2008 |
| Total Number of Mortgage Applications | 158 |
| Total Mortgage Loan Application Amount | $34,905,000 |
| Average Mortgage Loan Application Amount | $220,500 |
| Highest Mortgage Loan Application Amount | $953,000 |
| Average Applicant Income | $84,000 |
| Highest Applicant Income | $499,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2008 with Mefc. 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 Mefc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2008 breaks down Mefc'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 Mefc serves its applicants.
Each category highlights the total number of mortgage applications processed by Mefc, 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 Mefc's mortgage activity for 2008.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Prince William County Virginia | 23 | $ 5,488,000 | $ 238,000 | $ 110,000 |
| Franklin County Pennsylvania | 15 | $ 2,606,000 | $ 173,000 | $ 55,000 |
| Fairfax County Virginia | 15 | $ 4,037,000 | $ 269,000 | $ 117,000 |
| Prince George's County Maryland | 9 | $ 2,293,000 | $ 254,000 | $ 74,000 |
| Dorchester County South Carolina | 9 | $ 1,606,000 | $ 178,000 | $ 61,000 |
| Loudoun County Virginia | 8 | $ 1,842,000 | $ 230,000 | $ 97,000 |
| Charleston County South Carolina | 7 | $ 1,115,000 | $ 159,000 | $ 72,000 |
| Manassas County Virginia | 6 | $ 867,000 | $ 144,000 | $ 71,000 |
| Stafford County Virginia | 6 | $ 1,717,000 | $ 286,000 | $ 123,000 |
| District of Columbia County District Of Columbia | 4 | $ 1,815,000 | $ 453,000 | $ 147,000 |
| Montgomery County Maryland | 4 | $ 845,000 | $ 211,000 | $ 74,000 |
| Berkeley County South Carolina | 4 | $ 774,000 | $ 193,000 | $ 57,000 |
| Spotsylvania County Virginia | 4 | $ 1,439,000 | $ 359,000 | $ 111,000 |
| Berkeley County West Virginia | 4 | $ 611,000 | $ 152,000 | $ 39,000 |
| Fulton County Pennsylvania | 3 | $ 705,000 | $ 235,000 | $ 57,000 |
| Fauquier County Virginia | 3 | $ 866,000 | $ 288,000 | $ 95,000 |
| Louisa County Virginia | 3 | $ 737,000 | $ 245,000 | $ 68,000 |
| Washington County Maryland | 2 | $ 423,000 | $ 211,000 | $ 54,000 |
| Chesterfield County Virginia | 2 | $ 323,000 | $ 161,000 | $ 59,000 |
| Manassas Park County Virginia | 2 | $ 334,000 | $ 167,000 | $ 63,000 |
| Petersburg County Virginia | 2 | $ 332,000 | $ 166,000 | $ 52,000 |
| Prince George County Virginia | 2 | $ 190,000 | $ 95,000 | $ 74,000 |
| Collier County Florida | 1 | $ 239,000 | $ 239,000 | $ 60,000 |
| Baltimore County Maryland | 1 | $ 170,000 | $ 170,000 | $ 42,000 |
| St. Mary's County Maryland | 1 | $ 152,000 | $ 152,000 | $ 44,000 |
| Wake County North Carolina | 1 | $ 132,000 | $ 132,000 | $ 80,000 |
| Wayne County North Carolina | 1 | $ 84,000 | $ 84,000 | $ 50,000 |
| Cumberland County Pennsylvania | 1 | $ 220,000 | $ 220,000 | $ 47,000 |
| York County South Carolina | 1 | $ 156,000 | $ 156,000 | $ 22,000 |
| Knox County Tennessee | 1 | $ 92,000 | $ 92,000 | $ 24,000 |
| Arlington County Virginia | 1 | $ 410,000 | $ 410,000 | $ 103,000 |
| Caroline County Virginia | 1 | $ 199,000 | $ 199,000 | $ 59,000 |
| Culpeper County Virginia | 1 | $ 162,000 | $ 162,000 | $ 41,000 |
| Falls Church County Virginia | 1 | $ 48,000 | $ 48,000 | $ 167,000 |
| Frederick County Virginia | 1 | $ 184,000 | $ 184,000 | $ 38,000 |
| King George County Virginia | 1 | $ 318,000 | $ 318,000 | $ 73,000 |
| Madison County Virginia | 1 | $ 446,000 | $ 446,000 | $ 166,000 |
| New Kent County Virginia | 1 | $ 130,000 | $ 130,000 | $ 40,000 |
| Orange County Virginia | 1 | $ 278,000 | $ 278,000 | $ 65,000 |
| Virginia Beach County Virginia | 1 | $ 172,000 | $ 172,000 | $ 54,000 |
| Winchester County Virginia | 1 | $ 174,000 | $ 174,000 | $ 59,000 |
| Mercer County West Virginia | 1 | $ 44,000 | $ 44,000 | $ 69,000 |
| Morgan County West Virginia | 1 | $ 130,000 | $ 130,000 | $ 72,000 |
Mortgage Loan Application Detail Totals for Mefc in 2008
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 |
|---|---|---|---|---|---|---|
| Refinancing | 85 | $18,613,000 | $218,000 | $536,000 | $72,000 | $233,000 |
| Home Purchase | 73 | $16,292,000 | $223,000 | $953,000 | $96,000 | $499,000 |
| Home Improvement | 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 | 113 | $26,067,000 | $230,000 | $953,000 | $88,000 | $499,000 |
| Black or African American | 30 | $5,857,000 | $195,000 | $320,000 | $65,000 | $156,000 |
| Hispanic | 10 | $1,777,000 | $177,000 | $318,000 | $86,000 | $132,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $1,204,000 | $240,000 | $307,000 | $72,000 | $94,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 88 | $18,742,000 | $212,000 | $337,000 | $66,000 | $156,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 70 | $16,163,000 | $230,000 | $953,000 | $104,000 | $499,000 |
| 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 | 158 | $34,905,000 | $220,000 | $953,000 | $83,000 | $499,000 |
| 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 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Denied By Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mefc's 2008 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 Mefc'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.