Monarch Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2009
Monarch Bank 2009 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 | Monarch Bank 1435 Crossways Boulevard, Suite 101 Chesapeake, VA 23320 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 5,927 |
| Total Mortgage Loan Application Amount | $1,507,351,000 |
| Average Mortgage Loan Application Amount | $220,666 |
| Highest Mortgage Loan Application Amount | $4,080,000 |
| Average Applicant Income | $74,333 |
| Highest Applicant Income | $3,314,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2009 with Monarch 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 Monarch Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2009 breaks down Monarch 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 Monarch Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Monarch 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 Monarch Bank's mortgage activity for 2009.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Virginia Beach County Virginia | 977 | $ 247,426,000 | $ 253,000 | $ 86,000 |
| Montgomery County Maryland | 675 | $ 212,776,000 | $ 315,000 | $ 96,000 |
| Prince George's County Maryland | 587 | $ 147,991,000 | $ 252,000 | $ 68,000 |
| Chesapeake County Virginia | 452 | $ 109,740,000 | $ 242,000 | $ 82,000 |
| Norfolk County Virginia | 324 | $ 67,582,000 | $ 208,000 | $ 72,000 |
| Anne Arundel County Maryland | 277 | $ 79,564,000 | $ 287,000 | $ 88,000 |
| District of Columbia County District Of Columbia | 192 | $ 59,661,000 | $ 310,000 | $ 94,000 |
| Charles County Maryland | 163 | $ 43,772,000 | $ 268,000 | $ 67,000 |
| Baltimore County Maryland | 157 | $ 36,440,000 | $ 232,000 | $ 49,000 |
| Fairfax County Virginia | 120 | $ 44,734,000 | $ 372,000 | $ 116,000 |
| Mecklenburg County North Carolina | 97 | $ 18,998,000 | $ 195,000 | $ 65,000 |
| St. Mary's County Maryland | 95 | $ 23,085,000 | $ 243,000 | $ 69,000 |
| Baltimore City County Maryland | 90 | $ 16,074,000 | $ 178,000 | $ 57,000 |
| Dare County North Carolina | 87 | $ 22,024,000 | $ 253,000 | $ 144,000 |
| Suffolk County Virginia | 81 | $ 20,341,000 | $ 251,000 | $ 96,000 |
| Howard County Maryland | 80 | $ 23,662,000 | $ 295,000 | $ 87,000 |
| Frederick County Maryland | 78 | $ 22,126,000 | $ 283,000 | $ 88,000 |
| Portsmouth County Virginia | 75 | $ 15,963,000 | $ 212,000 | $ 58,000 |
| Prince William County Virginia | 57 | $ 14,843,000 | $ 260,000 | $ 81,000 |
| Newport News County Virginia | 56 | $ 9,464,000 | $ 169,000 | $ 59,000 |
| Calvert County Maryland | 50 | $ 14,228,000 | $ 284,000 | $ 74,000 |
| Currituck County North Carolina | 49 | $ 12,745,000 | $ 260,000 | $ 86,000 |
| Harford County Maryland | 46 | $ 12,790,000 | $ 278,000 | $ 78,000 |
| Spotsylvania County Virginia | 42 | $ 9,622,000 | $ 229,000 | $ 64,000 |
| Chesterfield County Virginia | 37 | $ 10,826,000 | $ 292,000 | $ 104,000 |
| Loudoun County Virginia | 37 | $ 12,054,000 | $ 325,000 | $ 122,000 |
| Henrico County Virginia | 36 | $ 9,102,000 | $ 252,000 | $ 83,000 |
| Union County North Carolina | 35 | $ 6,977,000 | $ 199,000 | $ 77,000 |
| Hampton County Virginia | 35 | $ 7,526,000 | $ 215,000 | $ 79,000 |
| Stafford County Virginia | 29 | $ 7,309,000 | $ 252,000 | $ 90,000 |
| Cabarrus County North Carolina | 28 | $ 5,113,000 | $ 182,000 | $ 80,000 |
| Carroll County Maryland | 27 | $ 7,937,000 | $ 293,000 | $ 65,000 |
| Sussex County Delaware | 26 | $ 6,242,000 | $ 240,000 | $ 114,000 |
| New Hanover County North Carolina | 26 | $ 5,040,000 | $ 193,000 | $ 64,000 |
| Stanly County North Carolina | 26 | $ 2,755,000 | $ 105,000 | $ 41,000 |
| Gaston County North Carolina | 22 | $ 2,447,000 | $ 111,000 | $ 47,000 |
| King George County Virginia | 21 | $ 5,332,000 | $ 253,000 | $ 77,000 |
| Richmond City County Virginia | 21 | $ 4,926,000 | $ 234,000 | $ 153,000 |
| Arlington County Virginia | 20 | $ 8,959,000 | $ 447,000 | $ 143,000 |
| Greenwood County South Carolina | 19 | $ 1,471,000 | $ 77,000 | $ 33,000 |
| Queen Anne's County Maryland | 18 | $ 5,895,000 | $ 327,000 | $ 80,000 |
| Worcester County Maryland | 18 | $ 4,341,000 | $ 241,000 | $ 141,000 |
| Alexandria County Virginia | 18 | $ 7,047,000 | $ 391,000 | $ 127,000 |
| Isle of Wight County Virginia | 15 | $ 3,627,000 | $ 241,000 | $ 72,000 |
| York County South Carolina | 13 | $ 1,884,000 | $ 144,000 | $ 74,000 |
| Brunswick County North Carolina | 12 | $ 2,168,000 | $ 180,000 | $ 59,000 |
| York County Virginia | 12 | $ 3,257,000 | $ 271,000 | $ 76,000 |
| New Castle County Delaware | 11 | $ 2,128,000 | $ 193,000 | $ 37,000 |
| Forsyth County North Carolina | 11 | $ 1,247,000 | $ 113,000 | $ 63,000 |
| Washington County Maryland | 10 | $ 1,654,000 | $ 165,000 | $ 66,000 |
| Guilford County North Carolina | 10 | $ 2,040,000 | $ 204,000 | $ 68,000 |
| Franklin City County Virginia | 10 | $ 1,393,000 | $ 139,000 | $ 57,000 |
| James City County Virginia | 10 | $ 2,850,000 | $ 285,000 | $ 95,000 |
| Philadelphia County Pennsylvania | 9 | $ 1,113,000 | $ 123,000 | $ 66,000 |
| Abbeville County South Carolina | 9 | $ 923,000 | $ 102,000 | $ 59,000 |
| Louisa County Virginia | 9 | $ 2,259,000 | $ 251,000 | $ 180,000 |
| Southampton County Virginia | 9 | $ 1,496,000 | $ 166,000 | $ 63,000 |
| Pasquotank County North Carolina | 8 | $ 1,294,000 | $ 161,000 | $ 55,000 |
| Gloucester County Virginia | 8 | $ 2,222,000 | $ 277,000 | $ 71,000 |
| Berkeley County West Virginia | 8 | $ 1,328,000 | $ 166,000 | $ 55,000 |
| Kent County Delaware | 7 | $ 1,735,000 | $ 247,000 | $ 89,000 |
| Caroline County Maryland | 7 | $ 1,228,000 | $ 175,000 | $ 63,000 |
| Camden County North Carolina | 7 | $ 1,519,000 | $ 217,000 | $ 77,000 |
| Onslow County North Carolina | 7 | $ 1,377,000 | $ 196,000 | $ 51,000 |
| Wake County North Carolina | 7 | $ 1,804,000 | $ 257,000 | $ 69,000 |
| Adams County Pennsylvania | 7 | $ 1,671,000 | $ 238,000 | $ 59,000 |
| Caroline County Virginia | 7 | $ 910,000 | $ 130,000 | $ 59,000 |
| Sussex County Virginia | 7 | $ 578,000 | $ 82,000 | $ 36,000 |
| York County Pennsylvania | 6 | $ 1,251,000 | $ 208,000 | $ 43,000 |
| Orange County Virginia | 6 | $ 1,362,000 | $ 227,000 | $ 84,000 |
| Poquoson County Virginia | 6 | $ 1,882,000 | $ 313,000 | $ 166,000 |
| Cecil County Maryland | 5 | $ 1,329,000 | $ 265,000 | $ 80,000 |
| Carteret County North Carolina | 5 | $ 1,025,000 | $ 205,000 | $ 109,000 |
| Catawba County North Carolina | 5 | $ 496,000 | $ 99,000 | $ 29,000 |
| Gates County North Carolina | 5 | $ 689,000 | $ 137,000 | $ 56,000 |
| Lincoln County North Carolina | 5 | $ 841,000 | $ 168,000 | $ 66,000 |
| Montgomery County North Carolina | 5 | $ 703,000 | $ 140,000 | $ 25,000 |
| Pitt County North Carolina | 5 | $ 780,000 | $ 156,000 | $ 49,000 |
| Rowan County North Carolina | 5 | $ 557,000 | $ 111,000 | $ 38,000 |
| Franklin County Pennsylvania | 5 | $ 928,000 | $ 185,000 | $ 85,000 |
| Greenville County South Carolina | 5 | $ 572,000 | $ 114,000 | $ 18,000 |
| Fauquier County Virginia | 5 | $ 1,191,000 | $ 238,000 | $ 368,000 |
| Jefferson County West Virginia | 5 | $ 881,000 | $ 176,000 | $ 58,000 |
| Talbot County Maryland | 4 | $ 1,229,000 | $ 307,000 | $ 53,000 |
| Columbus County North Carolina | 4 | $ 590,000 | $ 147,000 | $ 59,000 |
| Richland County South Carolina | 4 | $ 696,000 | $ 174,000 | $ 41,000 |
| Spartanburg County South Carolina | 4 | $ 390,000 | $ 97,000 | $ 23,000 |
| Hanover County Virginia | 4 | $ 1,114,000 | $ 278,000 | $ 84,000 |
| Manassas County Virginia | 4 | $ 628,000 | $ 157,000 | $ 116,000 |
| New Kent County Virginia | 4 | $ 663,000 | $ 165,000 | $ 66,000 |
| Warren County Virginia | 4 | $ 841,000 | $ 210,000 | $ 76,000 |
| Garrett County Maryland | 3 | $ 833,000 | $ 277,000 | $ 154,000 |
| Somerset County Maryland | 3 | $ 579,000 | $ 193,000 | $ 20,000 |
| Wicomico County Maryland | 3 | $ 571,000 | $ 190,000 | $ 0 |
| Buncombe County North Carolina | 3 | $ 557,000 | $ 185,000 | $ 81,000 |
| Cumberland County North Carolina | 3 | $ 271,000 | $ 90,000 | $ 56,000 |
| Durham County North Carolina | 3 | $ 569,000 | $ 189,000 | $ 126,000 |
| Hyde County North Carolina | 3 | $ 703,000 | $ 234,000 | $ 51,000 |
| Iredell County North Carolina | 3 | $ 633,000 | $ 211,000 | $ 42,000 |
| Pender County North Carolina | 3 | $ 639,000 | $ 213,000 | $ 89,000 |
| Allegheny County Pennsylvania | 3 | $ 244,000 | $ 81,000 | $ 111,000 |
| Delaware County Pennsylvania | 3 | $ 642,000 | $ 214,000 | $ 33,000 |
| Chesterfield County South Carolina | 3 | $ 376,000 | $ 125,000 | $ 32,000 |
| Lancaster County South Carolina | 3 | $ 359,000 | $ 119,000 | $ 80,000 |
| Culpeper County Virginia | 3 | $ 720,000 | $ 240,000 | $ 80,000 |
| Dinwiddie County Virginia | 3 | $ 642,000 | $ 214,000 | $ 68,000 |
| Frederick County Virginia | 3 | $ 861,000 | $ 287,000 | $ 89,000 |
| Middlesex County Virginia | 3 | $ 1,196,000 | $ 398,000 | $ 381,000 |
| Nelson County Virginia | 3 | $ 762,000 | $ 254,000 | $ 159,000 |
| Westmoreland County Virginia | 3 | $ 358,000 | $ 119,000 | $ 74,000 |
| Allegany County Maryland | 2 | $ 247,000 | $ 123,000 | $ 36,000 |
| Alamance County North Carolina | 2 | $ 554,000 | $ 277,000 | $ 48,000 |
| Caldwell County North Carolina | 2 | $ 291,000 | $ 145,000 | $ 48,000 |
| Davidson County North Carolina | 2 | $ 239,000 | $ 119,000 | $ 317,000 |
| Lee County North Carolina | 2 | $ 227,000 | $ 113,000 | $ 44,000 |
| Nash County North Carolina | 2 | $ 386,000 | $ 193,000 | $ 61,000 |
| Richmond County North Carolina | 2 | $ 187,000 | $ 93,000 | $ 53,000 |
| Yadkin County North Carolina | 2 | $ 253,000 | $ 126,000 | $ 35,000 |
| Berks County Pennsylvania | 2 | $ 437,000 | $ 218,000 | $ 19,000 |
| Chester County Pennsylvania | 2 | $ 623,000 | $ 311,000 | $ 52,000 |
| Lancaster County Pennsylvania | 2 | $ 320,000 | $ 160,000 | $ 60,000 |
| Montgomery County Pennsylvania | 2 | $ 496,000 | $ 248,000 | $ 112,000 |
| Aiken County South Carolina | 2 | $ 301,000 | $ 150,000 | $ 124,000 |
| Berkeley County South Carolina | 2 | $ 256,000 | $ 128,000 | $ 46,000 |
| Charleston County South Carolina | 2 | $ 237,000 | $ 118,000 | $ 106,000 |
| Horry County South Carolina | 2 | $ 425,000 | $ 212,000 | $ 73,000 |
| Laurens County South Carolina | 2 | $ 327,000 | $ 163,000 | $ 48,000 |
| Pickens County South Carolina | 2 | $ 490,000 | $ 245,000 | $ 200,000 |
| Accomack County Virginia | 2 | $ 379,000 | $ 189,000 | $ 42,000 |
| Albemarle County Virginia | 2 | $ 632,000 | $ 316,000 | $ 93,000 |
| Cumberland County Virginia | 2 | $ 332,000 | $ 166,000 | $ 51,000 |
| Fredericksburg County Virginia | 2 | $ 309,000 | $ 154,000 | $ 131,000 |
| Goochland County Virginia | 2 | $ 838,000 | $ 419,000 | $ 227,000 |
| Greene County Virginia | 2 | $ 503,000 | $ 251,000 | $ 94,000 |
| Lancaster County Virginia | 2 | $ 584,000 | $ 292,000 | $ 281,000 |
| Manassas Park County Virginia | 2 | $ 323,000 | $ 161,000 | $ 46,000 |
| Mathews County Virginia | 2 | $ 547,000 | $ 273,000 | $ 94,000 |
| Mecklenburg County Virginia | 2 | $ 442,000 | $ 221,000 | $ 125,000 |
| Northampton County Virginia | 2 | $ 622,000 | $ 311,000 | $ 136,000 |
| Northumberland County Virginia | 2 | $ 248,000 | $ 124,000 | $ 37,000 |
| Rappahannock County Virginia | 2 | $ 990,000 | $ 495,000 | $ 300,000 |
| Rockbridge County Virginia | 2 | $ 777,000 | $ 388,000 | $ 144,000 |
| Staunton County Virginia | 2 | $ 330,000 | $ 165,000 | $ 49,000 |
| Williamsburg County Virginia | 2 | $ 599,000 | $ 299,000 | $ 92,000 |
| Hampshire County West Virginia | 2 | $ 386,000 | $ 193,000 | $ 160,000 |
| Dorchester County Maryland | 1 | $ 210,000 | $ 210,000 | $ 139,000 |
| Kent County Maryland | 1 | $ 127,000 | $ 127,000 | $ 58,000 |
| Alexander County North Carolina | 1 | $ 129,000 | $ 129,000 | $ 56,000 |
| Bladen County North Carolina | 1 | $ 112,000 | $ 112,000 | $ 42,000 |
| Burke County North Carolina | 1 | $ 103,000 | $ 103,000 | $ 26,000 |
| Chowan County North Carolina | 1 | $ 123,000 | $ 123,000 | $ 53,000 |
| Cleveland County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 30,000 |
| Granville County North Carolina | 1 | $ 204,000 | $ 204,000 | $ 0 |
| Halifax County North Carolina | 1 | $ 361,000 | $ 361,000 | $ 131,000 |
| Henderson County North Carolina | 1 | $ 209,000 | $ 209,000 | $ 76,000 |
| Hertford County North Carolina | 1 | $ 130,000 | $ 130,000 | $ 40,000 |
| Jackson County North Carolina | 1 | $ 177,000 | $ 177,000 | $ 70,000 |
| Johnston County North Carolina | 1 | $ 73,000 | $ 73,000 | $ 147,000 |
| McDowell County North Carolina | 1 | $ 108,000 | $ 108,000 | $ 66,000 |
| Northampton County North Carolina | 1 | $ 400,000 | $ 400,000 | $ 204,000 |
| Orange County North Carolina | 1 | $ 112,000 | $ 112,000 | $ 66,000 |
| Perquimans County North Carolina | 1 | $ 196,000 | $ 196,000 | $ 89,000 |
| Rockingham County North Carolina | 1 | $ 122,000 | $ 122,000 | $ 50,000 |
| Sampson County North Carolina | 1 | $ 110,000 | $ 110,000 | $ 28,000 |
| Scotland County North Carolina | 1 | $ 148,000 | $ 148,000 | $ 78,000 |
| Watauga County North Carolina | 1 | $ 147,000 | $ 147,000 | $ 34,000 |
| Bucks County Pennsylvania | 1 | $ 177,000 | $ 177,000 | $ 112,000 |
| Centre County Pennsylvania | 1 | $ 220,000 | $ 220,000 | $ 55,000 |
| Dauphin County Pennsylvania | 1 | $ 149,000 | $ 149,000 | $ 85,000 |
| Fulton County Pennsylvania | 1 | $ 122,000 | $ 122,000 | $ 61,000 |
| Lackawanna County Pennsylvania | 1 | $ 91,000 | $ 91,000 | $ 41,000 |
| Monroe County Pennsylvania | 1 | $ 152,000 | $ 152,000 | $ 175,000 |
| Northumberland County Pennsylvania | 1 | $ 111,000 | $ 111,000 | $ 68,000 |
| Westmoreland County Pennsylvania | 1 | $ 96,000 | $ 96,000 | $ 0 |
| Anderson County South Carolina | 1 | $ 337,000 | $ 337,000 | $ 129,000 |
| Beaufort County South Carolina | 1 | $ 345,000 | $ 345,000 | $ 105,000 |
| Cherokee County South Carolina | 1 | $ 108,000 | $ 108,000 | $ 60,000 |
| Chester County South Carolina | 1 | $ 60,000 | $ 60,000 | $ 57,000 |
| Dorchester County South Carolina | 1 | $ 215,000 | $ 215,000 | $ 68,000 |
| Jasper County South Carolina | 1 | $ 151,000 | $ 151,000 | $ 0 |
| McCormick County South Carolina | 1 | $ 60,000 | $ 60,000 | $ 43,000 |
| Union County South Carolina | 1 | $ 167,000 | $ 167,000 | $ 77,000 |
| Bedford County Virginia | 1 | $ 514,000 | $ 514,000 | $ 168,000 |
| Essex County Virginia | 1 | $ 101,000 | $ 101,000 | $ 60,000 |
| Fairfax City County Virginia | 1 | $ 133,000 | $ 133,000 | $ 55,000 |
| Falls Church County Virginia | 1 | $ 394,000 | $ 394,000 | $ 118,000 |
| Fluvanna County Virginia | 1 | $ 151,000 | $ 151,000 | $ 0 |
| Giles County Virginia | 1 | $ 87,000 | $ 87,000 | $ 37,000 |
| Halifax County Virginia | 1 | $ 162,000 | $ 162,000 | $ 84,000 |
| Petersburg County Virginia | 1 | $ 90,000 | $ 90,000 | $ 111,000 |
| Powhatan County Virginia | 1 | $ 126,000 | $ 126,000 | $ 41,000 |
| Prince Edward County Virginia | 1 | $ 355,000 | $ 355,000 | $ 145,000 |
| Radford County Virginia | 1 | $ 99,000 | $ 99,000 | $ 90,000 |
| Richmond County Virginia | 1 | $ 219,000 | $ 219,000 | $ 78,000 |
| Roanoke County Virginia | 1 | $ 95,000 | $ 95,000 | $ 85,000 |
| Salem County Virginia | 1 | $ 169,000 | $ 169,000 | $ 136,000 |
| Surry County Virginia | 1 | $ 427,000 | $ 427,000 | $ 76,000 |
| Washington County Virginia | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Morgan County West Virginia | 1 | $ 182,000 | $ 182,000 | $ 0 |
Mortgage Loan Application Detail Totals for Monarch Bank in 2009
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 | 3,021 | $811,631,000 | $268,000 | $1,275,000 | $83,000 | $1,757,000 |
| Home Purchase | 2,892 | $693,548,000 | $239,000 | $4,080,000 | $82,000 | $3,314,000 |
| Home Improvement | 14 | $2,172,000 | $155,000 | $332,000 | $58,000 | $109,000 |
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 | 3,746 | $967,366,000 | $258,000 | $1,450,000 | $91,000 | $3,314,000 |
| Black or African American | 1,200 | $280,081,000 | $233,000 | $743,000 | $62,000 | $478,000 |
| Not Provided | 574 | $152,017,000 | $264,000 | $1,013,000 | $74,000 | $902,000 |
| Hispanic | 236 | $58,082,000 | $246,000 | $729,000 | $63,000 | $350,000 |
| Asian | 135 | $37,501,000 | $277,000 | $1,033,000 | $101,000 | $1,152,000 |
| Native Hawaiian or Other Pacific Islander | 19 | $4,170,000 | $219,000 | $499,000 | $77,000 | $345,000 |
| American Indian or Alaskan Native | 11 | $2,867,000 | $260,000 | $360,000 | $70,000 | $178,000 |
| Not applicable | 6 | $5,267,000 | $877,000 | $4,080,000 | $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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 2,679 | $655,316,000 | $244,000 | $743,000 | $60,000 | $478,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 2,276 | $576,257,000 | $253,000 | $4,080,000 | $116,000 | $3,314,000 |
| VA-guaranteed (Veterans Administration) | 910 | $267,634,000 | $294,000 | $1,033,000 | $70,000 | $363,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 62 | $8,144,000 | $131,000 | $250,000 | $41,000 | $76,000 |
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 | 4,572 | $1,178,618,000 | $257,000 | $4,080,000 | $83,000 | $3,314,000 |
| Application Withdrawn By Applicant | 783 | $200,391,000 | $255,000 | $1,275,000 | $90,000 | $1,500,000 |
| Application Denied By Financial Institution | 369 | $77,422,000 | $209,000 | $813,000 | $61,000 | $492,000 |
| Application Approved But Not Accepted | 133 | $33,580,000 | $252,000 | $625,000 | $89,000 | $1,757,000 |
| File Closed For Incompleteness | 70 | $17,340,000 | $247,000 | $618,000 | $76,000 | $330,000 |
| 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 |
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 |
|---|---|---|---|---|---|---|
| Credit History | 241 | $47,205,000 | $195,000 | $668,000 | $52,000 | $492,000 |
| Debt-To-Income Ratio | 40 | $8,899,000 | $222,000 | $417,000 | $50,000 | $113,000 |
| Collateral | 35 | $9,625,000 | $275,000 | $813,000 | $96,000 | $327,000 |
| Other | 28 | $5,866,000 | $209,000 | $417,000 | $96,000 | $368,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 10 | $2,132,000 | $213,000 | $358,000 | $76,000 | $128,000 |
| Unverifiable Information | 7 | $2,028,000 | $289,000 | $376,000 | $123,000 | $478,000 |
| Employment History | 6 | $1,420,000 | $236,000 | $380,000 | $70,000 | $103,000 |
| Mortgage Insurance Denied | 1 | $167,000 | $167,000 | $167,000 | $51,000 | $51,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Monarch Bank's 2009 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 Monarch 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.
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with aggregated HMDA statistics today.