Monarch Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2013
Monarch Bank 2013 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 | 10,401 |
| Total Mortgage Loan Application Amount | $2,682,231,000 |
| Average Mortgage Loan Application Amount | $252,666 |
| Highest Mortgage Loan Application Amount | $2,000,000 |
| Average Applicant Income | $99,666 |
| Highest Applicant Income | $3,360,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2013 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 2013 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 2013.
| 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 | 1,278 | $ 331,435,000 | $ 259,000 | $ 100,000 |
| Prince George's County Maryland | 751 | $ 173,921,000 | $ 231,000 | $ 75,000 |
| Montgomery County Maryland | 750 | $ 241,523,000 | $ 322,000 | $ 121,000 |
| Chesapeake County Virginia | 690 | $ 169,642,000 | $ 245,000 | $ 89,000 |
| Fairfax County Virginia | 517 | $ 206,364,000 | $ 399,000 | $ 129,000 |
| Anne Arundel County Maryland | 515 | $ 147,738,000 | $ 286,000 | $ 101,000 |
| Norfolk County Virginia | 425 | $ 92,486,000 | $ 217,000 | $ 95,000 |
| Charles County Maryland | 325 | $ 88,221,000 | $ 271,000 | $ 93,000 |
| Mecklenburg County North Carolina | 318 | $ 53,138,000 | $ 167,000 | $ 78,000 |
| Prince William County Virginia | 256 | $ 84,384,000 | $ 329,000 | $ 106,000 |
| District of Columbia County District Of Columbia | 251 | $ 94,510,000 | $ 376,000 | $ 125,000 |
| Frederick County Maryland | 221 | $ 59,304,000 | $ 268,000 | $ 99,000 |
| Loudoun County Virginia | 181 | $ 60,967,000 | $ 336,000 | $ 109,000 |
| Union County North Carolina | 174 | $ 33,172,000 | $ 190,000 | $ 77,000 |
| St. Mary's County Maryland | 170 | $ 42,856,000 | $ 252,000 | $ 101,000 |
| New Hanover County North Carolina | 165 | $ 28,859,000 | $ 174,000 | $ 87,000 |
| Suffolk County Virginia | 153 | $ 36,378,000 | $ 237,000 | $ 84,000 |
| Calvert County Maryland | 151 | $ 42,388,000 | $ 280,000 | $ 110,000 |
| Chesterfield County Virginia | 142 | $ 28,722,000 | $ 202,000 | $ 98,000 |
| Portsmouth County Virginia | 130 | $ 17,981,000 | $ 138,000 | $ 48,000 |
| York County South Carolina | 126 | $ 22,849,000 | $ 181,000 | $ 69,000 |
| Baltimore County Maryland | 120 | $ 25,174,000 | $ 209,000 | $ 73,000 |
| Dare County North Carolina | 117 | $ 30,820,000 | $ 263,000 | $ 140,000 |
| Howard County Maryland | 98 | $ 32,687,000 | $ 333,000 | $ 115,000 |
| Newport News County Virginia | 96 | $ 16,508,000 | $ 171,000 | $ 101,000 |
| Hampton County Virginia | 95 | $ 15,653,000 | $ 164,000 | $ 68,000 |
| Cabarrus County North Carolina | 93 | $ 15,524,000 | $ 166,000 | $ 73,000 |
| Arlington County Virginia | 84 | $ 37,297,000 | $ 444,000 | $ 123,000 |
| Currituck County North Carolina | 82 | $ 23,685,000 | $ 288,000 | $ 114,000 |
| Brunswick County North Carolina | 78 | $ 13,625,000 | $ 174,000 | $ 72,000 |
| Iredell County North Carolina | 78 | $ 14,613,000 | $ 187,000 | $ 82,000 |
| Carroll County Maryland | 76 | $ 20,262,000 | $ 266,000 | $ 92,000 |
| Alexandria County Virginia | 74 | $ 29,990,000 | $ 405,000 | $ 137,000 |
| Henrico County Virginia | 61 | $ 12,518,000 | $ 205,000 | $ 89,000 |
| Harnett County North Carolina | 58 | $ 11,599,000 | $ 199,000 | $ 69,000 |
| Stafford County Virginia | 56 | $ 16,193,000 | $ 289,000 | $ 76,000 |
| York County Virginia | 51 | $ 15,171,000 | $ 297,000 | $ 95,000 |
| Pasquotank County North Carolina | 50 | $ 7,794,000 | $ 155,000 | $ 63,000 |
| Baltimore City County Maryland | 47 | $ 8,039,000 | $ 171,000 | $ 81,000 |
| Queen Anne's County Maryland | 47 | $ 13,274,000 | $ 282,000 | $ 79,000 |
| King George County Virginia | 45 | $ 12,633,000 | $ 280,000 | $ 94,000 |
| Harford County Maryland | 40 | $ 9,661,000 | $ 241,000 | $ 100,000 |
| Onslow County North Carolina | 40 | $ 7,088,000 | $ 177,000 | $ 47,000 |
| Richmond City County Virginia | 40 | $ 7,034,000 | $ 175,000 | $ 94,000 |
| Gaston County North Carolina | 39 | $ 5,783,000 | $ 148,000 | $ 63,000 |
| Isle of Wight County Virginia | 39 | $ 10,913,000 | $ 279,000 | $ 80,000 |
| Spotsylvania County Virginia | 37 | $ 7,650,000 | $ 206,000 | $ 86,000 |
| Lancaster County South Carolina | 33 | $ 5,547,000 | $ 168,000 | $ 50,000 |
| Washington County Maryland | 27 | $ 5,045,000 | $ 186,000 | $ 85,000 |
| Hanover County Virginia | 27 | $ 7,557,000 | $ 279,000 | $ 124,000 |
| Kent County Delaware | 26 | $ 7,054,000 | $ 271,000 | $ 92,000 |
| James City County Virginia | 26 | $ 7,667,000 | $ 294,000 | $ 160,000 |
| Fauquier County Virginia | 25 | $ 6,468,000 | $ 258,000 | $ 76,000 |
| Wake County North Carolina | 24 | $ 4,825,000 | $ 201,000 | $ 98,000 |
| Manassas County Virginia | 24 | $ 5,874,000 | $ 244,000 | $ 96,000 |
| Granville County North Carolina | 21 | $ 3,868,000 | $ 184,000 | $ 71,000 |
| Pender County North Carolina | 21 | $ 4,114,000 | $ 195,000 | $ 56,000 |
| Camden County North Carolina | 20 | $ 4,106,000 | $ 205,000 | $ 76,000 |
| Sussex County Delaware | 18 | $ 5,027,000 | $ 279,000 | $ 157,000 |
| Worcester County Maryland | 17 | $ 4,659,000 | $ 274,000 | $ 335,000 |
| Johnston County North Carolina | 17 | $ 2,484,000 | $ 146,000 | $ 64,000 |
| Rowan County North Carolina | 17 | $ 2,503,000 | $ 147,000 | $ 55,000 |
| Franklin County North Carolina | 16 | $ 2,896,000 | $ 181,000 | $ 54,000 |
| Gloucester County Virginia | 16 | $ 4,098,000 | $ 256,000 | $ 54,000 |
| Cecil County Maryland | 15 | $ 4,481,000 | $ 298,000 | $ 120,000 |
| Stanly County North Carolina | 15 | $ 2,036,000 | $ 135,000 | $ 55,000 |
| Spartanburg County South Carolina | 15 | $ 1,973,000 | $ 131,000 | $ 47,000 |
| Westmoreland County Virginia | 15 | $ 2,893,000 | $ 192,000 | $ 81,000 |
| Richland County South Carolina | 14 | $ 2,706,000 | $ 193,000 | $ 94,000 |
| Henderson County North Carolina | 13 | $ 2,050,000 | $ 157,000 | $ 56,000 |
| York County Pennsylvania | 13 | $ 2,141,000 | $ 164,000 | $ 78,000 |
| New Kent County Virginia | 13 | $ 4,025,000 | $ 309,000 | $ 102,000 |
| Culpeper County Virginia | 12 | $ 2,843,000 | $ 236,000 | $ 75,000 |
| Greenwood County South Carolina | 11 | $ 1,271,000 | $ 115,000 | $ 44,000 |
| Caroline County Maryland | 10 | $ 1,966,000 | $ 196,000 | $ 115,000 |
| Lincoln County North Carolina | 10 | $ 1,465,000 | $ 146,000 | $ 63,000 |
| Horry County South Carolina | 10 | $ 1,700,000 | $ 170,000 | $ 130,000 |
| Jefferson County West Virginia | 10 | $ 2,719,000 | $ 271,000 | $ 138,000 |
| Garrett County Maryland | 9 | $ 1,816,000 | $ 201,000 | $ 130,000 |
| Polk County North Carolina | 9 | $ 1,060,000 | $ 117,000 | $ 62,000 |
| Adams County Pennsylvania | 9 | $ 1,536,000 | $ 170,000 | $ 80,000 |
| Orange County Virginia | 9 | $ 1,411,000 | $ 156,000 | $ 44,000 |
| New Castle County Delaware | 8 | $ 2,084,000 | $ 260,000 | $ 118,000 |
| Catawba County North Carolina | 8 | $ 2,243,000 | $ 280,000 | $ 78,000 |
| Forsyth County North Carolina | 8 | $ 1,140,000 | $ 142,000 | $ 43,000 |
| Gates County North Carolina | 8 | $ 1,325,000 | $ 165,000 | $ 66,000 |
| Perquimans County North Carolina | 8 | $ 933,000 | $ 116,000 | $ 61,000 |
| Chester County Pennsylvania | 8 | $ 2,409,000 | $ 301,000 | $ 72,000 |
| Amelia County Virginia | 8 | $ 1,316,000 | $ 164,000 | $ 59,000 |
| Caroline County Virginia | 8 | $ 1,204,000 | $ 150,000 | $ 41,000 |
| Manassas Park County Virginia | 8 | $ 1,645,000 | $ 205,000 | $ 68,000 |
| Poquoson County Virginia | 8 | $ 2,214,000 | $ 276,000 | $ 122,000 |
| Powhatan County Virginia | 8 | $ 2,257,000 | $ 282,000 | $ 119,000 |
| Chowan County North Carolina | 7 | $ 1,071,000 | $ 153,000 | $ 95,000 |
| Cumberland County North Carolina | 7 | $ 970,000 | $ 138,000 | $ 86,000 |
| Guilford County North Carolina | 7 | $ 1,399,000 | $ 199,000 | $ 63,000 |
| Warren County Virginia | 7 | $ 1,451,000 | $ 207,000 | $ 72,000 |
| Williamsburg County Virginia | 7 | $ 1,037,000 | $ 148,000 | $ 101,000 |
| Columbus County North Carolina | 6 | $ 1,298,000 | $ 216,000 | $ 145,000 |
| Montgomery County North Carolina | 6 | $ 827,000 | $ 137,000 | $ 69,000 |
| Bucks County Pennsylvania | 6 | $ 1,359,000 | $ 226,000 | $ 72,000 |
| Abbeville County South Carolina | 6 | $ 847,000 | $ 141,000 | $ 44,000 |
| Brunswick County Virginia | 6 | $ 1,223,000 | $ 203,000 | $ 53,000 |
| Fairfax City County Virginia | 6 | $ 2,592,000 | $ 432,000 | $ 212,000 |
| Southampton County Virginia | 6 | $ 1,169,000 | $ 194,000 | $ 89,000 |
| Talbot County Maryland | 5 | $ 1,272,000 | $ 254,000 | $ 110,000 |
| Buncombe County North Carolina | 5 | $ 953,000 | $ 190,000 | $ 165,000 |
| Chatham County North Carolina | 5 | $ 2,722,000 | $ 544,000 | $ 197,000 |
| Accomack County Virginia | 5 | $ 831,000 | $ 166,000 | $ 115,000 |
| Frederick County Virginia | 5 | $ 1,383,000 | $ 276,000 | $ 100,000 |
| Louisa County Virginia | 5 | $ 1,092,000 | $ 218,000 | $ 93,000 |
| Northumberland County Virginia | 5 | $ 959,000 | $ 191,000 | $ 120,000 |
| Dorchester County Maryland | 4 | $ 1,272,000 | $ 318,000 | $ 139,000 |
| Northampton County North Carolina | 4 | $ 974,000 | $ 243,000 | $ 235,000 |
| Orange County North Carolina | 4 | $ 706,000 | $ 176,000 | $ 82,000 |
| Lexington County South Carolina | 4 | $ 929,000 | $ 232,000 | $ 97,000 |
| Albemarle County Virginia | 4 | $ 1,424,000 | $ 356,000 | $ 194,000 |
| King William County Virginia | 4 | $ 591,000 | $ 147,000 | $ 62,000 |
| Nottoway County Virginia | 4 | $ 562,000 | $ 140,000 | $ 34,000 |
| Prince George County Virginia | 4 | $ 292,000 | $ 73,000 | $ 63,000 |
| Berkeley County West Virginia | 4 | $ 538,000 | $ 134,000 | $ 56,000 |
| Sampson County North Carolina | 3 | $ 651,000 | $ 217,000 | $ 81,000 |
| Delaware County Pennsylvania | 3 | $ 694,000 | $ 231,000 | $ 103,000 |
| Charleston County South Carolina | 3 | $ 786,000 | $ 262,000 | $ 111,000 |
| Chester County South Carolina | 3 | $ 316,000 | $ 105,000 | $ 42,000 |
| Amherst County Virginia | 3 | $ 447,000 | $ 149,000 | $ 62,000 |
| Clarke County Virginia | 3 | $ 1,410,000 | $ 470,000 | $ 137,000 |
| Colonial Heights County Virginia | 3 | $ 459,000 | $ 153,000 | $ 92,000 |
| Goochland County Virginia | 3 | $ 583,000 | $ 194,000 | $ 61,000 |
| Hopewell County Virginia | 3 | $ 192,000 | $ 64,000 | $ 57,000 |
| King and Queen County Virginia | 3 | $ 613,000 | $ 204,000 | $ 54,000 |
| Madison County Virginia | 3 | $ 461,000 | $ 153,000 | $ 77,000 |
| Northampton County Virginia | 3 | $ 674,000 | $ 224,000 | $ 61,000 |
| Hardy County West Virginia | 3 | $ 360,000 | $ 120,000 | $ 159,000 |
| Somerset County Maryland | 2 | $ 499,000 | $ 249,000 | $ 139,000 |
| Wicomico County Maryland | 2 | $ 495,000 | $ 247,000 | $ 69,000 |
| Alexander County North Carolina | 2 | $ 230,000 | $ 115,000 | $ 53,000 |
| Anson County North Carolina | 2 | $ 268,000 | $ 134,000 | $ 60,000 |
| Caldwell County North Carolina | 2 | $ 162,000 | $ 81,000 | $ 22,000 |
| Cleveland County North Carolina | 2 | $ 234,000 | $ 117,000 | $ 34,000 |
| Craven County North Carolina | 2 | $ 153,000 | $ 76,000 | $ 63,000 |
| Davidson County North Carolina | 2 | $ 313,000 | $ 156,000 | $ 86,000 |
| Davie County North Carolina | 2 | $ 244,000 | $ 122,000 | $ 35,000 |
| Hyde County North Carolina | 2 | $ 743,000 | $ 371,000 | $ 220,000 |
| Pitt County North Carolina | 2 | $ 274,000 | $ 137,000 | $ 112,000 |
| Rutherford County North Carolina | 2 | $ 407,000 | $ 203,000 | $ 99,000 |
| Watauga County North Carolina | 2 | $ 564,000 | $ 282,000 | $ 147,000 |
| Allegheny County Pennsylvania | 2 | $ 289,000 | $ 144,000 | $ 70,000 |
| Franklin County Pennsylvania | 2 | $ 355,000 | $ 177,000 | $ 46,000 |
| Lebanon County Pennsylvania | 2 | $ 335,000 | $ 167,000 | $ 44,000 |
| Northumberland County Pennsylvania | 2 | $ 273,000 | $ 136,000 | $ 80,000 |
| Aiken County South Carolina | 2 | $ 494,000 | $ 247,000 | $ 38,000 |
| Kershaw County South Carolina | 2 | $ 419,000 | $ 209,000 | $ 119,000 |
| Bedford County Virginia | 2 | $ 924,000 | $ 462,000 | $ 231,000 |
| Buckingham County Virginia | 2 | $ 287,000 | $ 143,000 | $ 35,000 |
| Cumberland County Virginia | 2 | $ 268,000 | $ 134,000 | $ 54,000 |
| Dinwiddie County Virginia | 2 | $ 383,000 | $ 191,000 | $ 51,000 |
| Falls Church County Virginia | 2 | $ 525,000 | $ 262,000 | $ 150,000 |
| Fluvanna County Virginia | 2 | $ 389,000 | $ 194,000 | $ 113,000 |
| Lynchburg County Virginia | 2 | $ 271,000 | $ 135,000 | $ 89,000 |
| Mecklenburg County Virginia | 2 | $ 519,000 | $ 259,000 | $ 176,000 |
| Prince Edward County Virginia | 2 | $ 532,000 | $ 266,000 | $ 130,000 |
| Rockbridge County Virginia | 2 | $ 672,000 | $ 336,000 | $ 149,000 |
| Kanawha County West Virginia | 2 | $ 635,000 | $ 317,000 | $ 183,000 |
| Allegany County Maryland | 1 | $ 138,000 | $ 138,000 | $ 42,000 |
| Kent County Maryland | 1 | $ 225,000 | $ 225,000 | $ 78,000 |
| Alamance County North Carolina | 1 | $ 120,000 | $ 120,000 | $ 329,000 |
| Burke County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 68,000 |
| Halifax County North Carolina | 1 | $ 153,000 | $ 153,000 | $ 26,000 |
| Lee County North Carolina | 1 | $ 172,000 | $ 172,000 | $ 0 |
| Pamlico County North Carolina | 1 | $ 325,000 | $ 325,000 | $ 64,000 |
| Robeson County North Carolina | 1 | $ 117,000 | $ 117,000 | $ 54,000 |
| Washington County North Carolina | 1 | $ 260,000 | $ 260,000 | $ 59,000 |
| Butler County Pennsylvania | 1 | $ 252,000 | $ 252,000 | $ 56,000 |
| Lancaster County Pennsylvania | 1 | $ 373,000 | $ 373,000 | $ 135,000 |
| Montgomery County Pennsylvania | 1 | $ 189,000 | $ 189,000 | $ 102,000 |
| Philadelphia County Pennsylvania | 1 | $ 113,000 | $ 113,000 | $ 75,000 |
| Washington County Pennsylvania | 1 | $ 200,000 | $ 200,000 | $ 47,000 |
| Anderson County South Carolina | 1 | $ 360,000 | $ 360,000 | $ 150,000 |
| Berkeley County South Carolina | 1 | $ 303,000 | $ 303,000 | $ 93,000 |
| Dorchester County South Carolina | 1 | $ 220,000 | $ 220,000 | $ 53,000 |
| Florence County South Carolina | 1 | $ 229,000 | $ 229,000 | $ 75,000 |
| Georgetown County South Carolina | 1 | $ 480,000 | $ 480,000 | $ 540,000 |
| Greenville County South Carolina | 1 | $ 150,000 | $ 150,000 | $ 34,000 |
| Laurens County South Carolina | 1 | $ 147,000 | $ 147,000 | $ 65,000 |
| Newberry County South Carolina | 1 | $ 162,000 | $ 162,000 | $ 37,000 |
| Saluda County South Carolina | 1 | $ 176,000 | $ 176,000 | $ 116,000 |
| Sumter County South Carolina | 1 | $ 72,000 | $ 72,000 | $ 0 |
| Union County South Carolina | 1 | $ 170,000 | $ 170,000 | $ 0 |
| Appomattox County Virginia | 1 | $ 269,000 | $ 269,000 | $ 236,000 |
| Danville County Virginia | 1 | $ 74,000 | $ 74,000 | $ 37,000 |
| Essex County Virginia | 1 | $ 169,000 | $ 169,000 | $ 98,000 |
| Franklin County Virginia | 1 | $ 402,000 | $ 402,000 | $ 127,000 |
| Franklin City County Virginia | 1 | $ 176,000 | $ 176,000 | $ 48,000 |
| Lunenburg County Virginia | 1 | $ 258,000 | $ 258,000 | $ 100,000 |
| Mathews County Virginia | 1 | $ 281,000 | $ 281,000 | $ 219,000 |
| Montgomery County Virginia | 1 | $ 131,000 | $ 131,000 | $ 85,000 |
| Nelson County Virginia | 1 | $ 850,000 | $ 850,000 | $ 528,000 |
| Petersburg County Virginia | 1 | $ 95,000 | $ 95,000 | $ 132,000 |
| Pittsylvania County Virginia | 1 | $ 217,000 | $ 217,000 | $ 91,000 |
| Richmond County Virginia | 1 | $ 128,000 | $ 128,000 | $ 39,000 |
| Roanoke County Virginia | 1 | $ 195,000 | $ 195,000 | $ 59,000 |
| Roanoke City County Virginia | 1 | $ 130,000 | $ 130,000 | $ 91,000 |
| Salem County Virginia | 1 | $ 129,000 | $ 129,000 | $ 51,000 |
| Sussex County Virginia | 1 | $ 200,000 | $ 200,000 | $ 108,000 |
| Washington County Virginia | 1 | $ 98,000 | $ 98,000 | $ 24,000 |
| Winchester County Virginia | 1 | $ 143,000 | $ 143,000 | $ 55,000 |
| Hampshire County West Virginia | 1 | $ 69,000 | $ 69,000 | $ 77,000 |
| Morgan County West Virginia | 1 | $ 216,000 | $ 216,000 | $ 246,000 |
| Pendleton County West Virginia | 1 | $ 150,000 | $ 150,000 | $ 37,000 |
| Pocahontas County West Virginia | 1 | $ 158,000 | $ 158,000 | $ 0 |
| Preston County West Virginia | 1 | $ 162,000 | $ 162,000 | $ 144,000 |
Mortgage Loan Application Detail Totals for Monarch Bank in 2013
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 | 6,329 | $1,538,693,000 | $243,000 | $1,600,000 | $91,000 | $2,773,000 |
| Refinancing | 3,963 | $1,118,039,000 | $282,000 | $2,000,000 | $105,000 | $3,360,000 |
| Home Improvement | 109 | $25,499,000 | $233,000 | $995,000 | $103,000 | $360,000 |
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 | 6,864 | $1,762,523,000 | $256,000 | $2,000,000 | $102,000 | $3,360,000 |
| Black or African American | 1,603 | $382,626,000 | $238,000 | $1,301,000 | $79,000 | $1,266,000 |
| Not Provided | 799 | $246,236,000 | $308,000 | $1,500,000 | $103,000 | $1,200,000 |
| Hispanic | 629 | $148,979,000 | $236,000 | $1,236,000 | $78,000 | $3,012,000 |
| Asian | 358 | $103,687,000 | $289,000 | $1,075,000 | $106,000 | $515,000 |
| Not applicable | 92 | $23,571,000 | $256,000 | $1,661,000 | $0 | $0 |
| American Indian or Alaskan Native | 28 | $7,031,000 | $251,000 | $590,000 | $76,000 | $156,000 |
| Native Hawaiian or Other Pacific Islander | 28 | $7,578,000 | $270,000 | $704,000 | $103,000 | $707,000 |
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) | 5,443 | $1,377,077,000 | $252,000 | $2,000,000 | $116,000 | $3,012,000 |
| FHA-insured (Federal Housing Administration) | 2,518 | $574,138,000 | $228,000 | $846,000 | $73,000 | $1,494,000 |
| VA-guaranteed (Veterans Administration) | 1,894 | $629,742,000 | $332,000 | $1,236,000 | $83,000 | $3,360,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 546 | $101,274,000 | $185,000 | $426,000 | $54,000 | $168,000 |
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 | 7,361 | $1,940,900,000 | $263,000 | $1,680,000 | $95,000 | $2,773,000 |
| Application Withdrawn By Applicant | 1,108 | $262,076,000 | $236,000 | $1,301,000 | $100,000 | $1,488,000 |
| File Closed For Incompleteness | 1,067 | $285,943,000 | $267,000 | $2,000,000 | $109,000 | $3,360,000 |
| Application Denied By Financial Institution | 712 | $154,441,000 | $216,000 | $1,125,000 | $81,000 | $1,494,000 |
| Application Approved But Not Accepted | 153 | $38,871,000 | $254,000 | $900,000 | $114,000 | $1,191,000 |
| 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 | 307 | $69,677,000 | $226,000 | $1,125,000 | $87,000 | $1,494,000 |
| Debt-To-Income Ratio | 131 | $28,422,000 | $216,000 | $625,000 | $54,000 | $445,000 |
| Collateral | 74 | $14,346,000 | $193,000 | $920,000 | $90,000 | $600,000 |
| Other | 54 | $13,000,000 | $240,000 | $1,036,000 | $87,000 | $318,000 |
| Unverifiable Information | 26 | $5,811,000 | $223,000 | $831,000 | $100,000 | $438,000 |
| Employment History | 13 | $2,135,000 | $164,000 | $329,000 | $62,000 | $261,000 |
| Credit Application Incomplete | 12 | $2,074,000 | $172,000 | $514,000 | $73,000 | $179,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $1,687,000 | $187,000 | $288,000 | $71,000 | $156,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Monarch Bank's 2013 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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