Monarch Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2014
Monarch Bank 2014 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 | 8,470 |
| Total Mortgage Loan Application Amount | $2,193,151,000 |
| Average Mortgage Loan Application Amount | $265,000 |
| Highest Mortgage Loan Application Amount | $4,762,000 |
| Average Applicant Income | $103,333 |
| Highest Applicant Income | $1,952,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2014 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 2014 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 2014.
| 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 | 970 | $ 253,727,000 | $ 261,000 | $ 97,000 |
| Prince George's County Maryland | 609 | $ 154,519,000 | $ 253,000 | $ 84,000 |
| Chesapeake County Virginia | 549 | $ 138,766,000 | $ 252,000 | $ 88,000 |
| Montgomery County Maryland | 507 | $ 163,433,000 | $ 322,000 | $ 117,000 |
| Anne Arundel County Maryland | 362 | $ 105,010,000 | $ 290,000 | $ 105,000 |
| Fairfax County Virginia | 343 | $ 146,016,000 | $ 425,000 | $ 149,000 |
| Norfolk County Virginia | 338 | $ 71,573,000 | $ 211,000 | $ 75,000 |
| Mecklenburg County North Carolina | 290 | $ 55,412,000 | $ 191,000 | $ 82,000 |
| District of Columbia County District Of Columbia | 247 | $ 91,418,000 | $ 370,000 | $ 124,000 |
| Charles County Maryland | 234 | $ 59,845,000 | $ 255,000 | $ 92,000 |
| Frederick County Maryland | 196 | $ 52,123,000 | $ 265,000 | $ 96,000 |
| Baltimore County Maryland | 169 | $ 38,053,000 | $ 225,000 | $ 93,000 |
| Prince William County Virginia | 157 | $ 49,180,000 | $ 313,000 | $ 99,000 |
| Suffolk County Virginia | 150 | $ 41,900,000 | $ 279,000 | $ 96,000 |
| St. Mary's County Maryland | 147 | $ 36,389,000 | $ 247,000 | $ 98,000 |
| Loudoun County Virginia | 137 | $ 42,863,000 | $ 312,000 | $ 112,000 |
| Henrico County Virginia | 135 | $ 26,559,000 | $ 196,000 | $ 84,000 |
| Chesterfield County Virginia | 130 | $ 25,451,000 | $ 195,000 | $ 83,000 |
| Union County North Carolina | 129 | $ 26,655,000 | $ 206,000 | $ 82,000 |
| Calvert County Maryland | 128 | $ 36,166,000 | $ 282,000 | $ 96,000 |
| Portsmouth County Virginia | 128 | $ 22,801,000 | $ 178,000 | $ 58,000 |
| Hampton County Virginia | 104 | $ 18,578,000 | $ 178,000 | $ 71,000 |
| Howard County Maryland | 103 | $ 35,738,000 | $ 346,000 | $ 113,000 |
| York County South Carolina | 99 | $ 18,930,000 | $ 191,000 | $ 78,000 |
| Dare County North Carolina | 94 | $ 31,913,000 | $ 339,000 | $ 143,000 |
| Newport News County Virginia | 88 | $ 16,625,000 | $ 188,000 | $ 77,000 |
| Iredell County North Carolina | 87 | $ 16,120,000 | $ 185,000 | $ 78,000 |
| Baltimore City County Maryland | 83 | $ 13,621,000 | $ 164,000 | $ 82,000 |
| Carroll County Maryland | 75 | $ 20,154,000 | $ 268,000 | $ 91,000 |
| Cabarrus County North Carolina | 70 | $ 11,878,000 | $ 169,000 | $ 69,000 |
| Harford County Maryland | 69 | $ 16,813,000 | $ 243,000 | $ 94,000 |
| Currituck County North Carolina | 63 | $ 17,902,000 | $ 284,000 | $ 102,000 |
| Richmond City County Virginia | 63 | $ 10,963,000 | $ 174,000 | $ 88,000 |
| Wake County North Carolina | 60 | $ 14,361,000 | $ 239,000 | $ 93,000 |
| Harnett County North Carolina | 49 | $ 8,950,000 | $ 182,000 | $ 63,000 |
| James City County Virginia | 49 | $ 14,999,000 | $ 306,000 | $ 117,000 |
| Alexandria County Virginia | 46 | $ 17,216,000 | $ 374,000 | $ 149,000 |
| Isle of Wight County Virginia | 46 | $ 13,323,000 | $ 289,000 | $ 92,000 |
| York County Virginia | 46 | $ 13,137,000 | $ 285,000 | $ 122,000 |
| Arlington County Virginia | 43 | $ 19,820,000 | $ 460,000 | $ 173,000 |
| New Hanover County North Carolina | 42 | $ 7,892,000 | $ 187,000 | $ 90,000 |
| Lancaster County South Carolina | 42 | $ 8,176,000 | $ 194,000 | $ 66,000 |
| Hanover County Virginia | 42 | $ 9,810,000 | $ 233,000 | $ 95,000 |
| King George County Virginia | 37 | $ 10,038,000 | $ 271,000 | $ 86,000 |
| Brunswick County North Carolina | 36 | $ 5,864,000 | $ 162,000 | $ 82,000 |
| Franklin County North Carolina | 27 | $ 5,330,000 | $ 197,000 | $ 72,000 |
| Gaston County North Carolina | 27 | $ 4,163,000 | $ 154,000 | $ 66,000 |
| Fauquier County Virginia | 27 | $ 8,164,000 | $ 302,000 | $ 84,000 |
| Spotsylvania County Virginia | 23 | $ 6,159,000 | $ 267,000 | $ 94,000 |
| Queen Anne's County Maryland | 22 | $ 5,649,000 | $ 256,000 | $ 121,000 |
| Washington County Maryland | 21 | $ 4,625,000 | $ 220,000 | $ 77,000 |
| Stanly County North Carolina | 21 | $ 2,230,000 | $ 106,000 | $ 46,000 |
| Stafford County Virginia | 20 | $ 5,450,000 | $ 272,000 | $ 95,000 |
| Manassas County Virginia | 19 | $ 4,949,000 | $ 260,000 | $ 79,000 |
| Cecil County Maryland | 18 | $ 4,151,000 | $ 230,000 | $ 83,000 |
| Johnston County North Carolina | 18 | $ 3,919,000 | $ 217,000 | $ 95,000 |
| Onslow County North Carolina | 18 | $ 3,581,000 | $ 198,000 | $ 71,000 |
| Pasquotank County North Carolina | 18 | $ 2,155,000 | $ 119,000 | $ 56,000 |
| Rowan County North Carolina | 18 | $ 2,906,000 | $ 161,000 | $ 73,000 |
| Gloucester County Virginia | 18 | $ 3,983,000 | $ 221,000 | $ 86,000 |
| Granville County North Carolina | 17 | $ 3,565,000 | $ 209,000 | $ 73,000 |
| Spartanburg County South Carolina | 16 | $ 1,962,000 | $ 122,000 | $ 55,000 |
| Kent County Delaware | 14 | $ 4,369,000 | $ 312,000 | $ 98,000 |
| Pender County North Carolina | 14 | $ 2,747,000 | $ 196,000 | $ 98,000 |
| Sussex County Delaware | 13 | $ 3,650,000 | $ 280,000 | $ 137,000 |
| Caroline County Maryland | 13 | $ 2,107,000 | $ 162,000 | $ 52,000 |
| Henderson County North Carolina | 13 | $ 2,198,000 | $ 169,000 | $ 51,000 |
| Catawba County North Carolina | 12 | $ 3,624,000 | $ 302,000 | $ 107,000 |
| Lincoln County North Carolina | 12 | $ 3,063,000 | $ 255,000 | $ 90,000 |
| Montgomery County North Carolina | 12 | $ 1,291,000 | $ 107,000 | $ 65,000 |
| Powhatan County Virginia | 12 | $ 2,369,000 | $ 197,000 | $ 106,000 |
| Camden County North Carolina | 11 | $ 2,303,000 | $ 209,000 | $ 92,000 |
| New Kent County Virginia | 11 | $ 2,160,000 | $ 196,000 | $ 69,000 |
| Worcester County Maryland | 10 | $ 2,527,000 | $ 252,000 | $ 126,000 |
| Cumberland County North Carolina | 10 | $ 1,564,000 | $ 156,000 | $ 41,000 |
| Guilford County North Carolina | 10 | $ 1,290,000 | $ 129,000 | $ 73,000 |
| Poquoson County Virginia | 9 | $ 3,234,000 | $ 359,000 | $ 148,000 |
| Fairfax City County Virginia | 8 | $ 3,637,000 | $ 454,000 | $ 163,000 |
| Berkeley County West Virginia | 8 | $ 1,622,000 | $ 202,000 | $ 84,000 |
| Polk County North Carolina | 7 | $ 808,000 | $ 115,000 | $ 76,000 |
| Adams County Pennsylvania | 7 | $ 1,363,000 | $ 194,000 | $ 81,000 |
| York County Pennsylvania | 7 | $ 1,345,000 | $ 192,000 | $ 86,000 |
| Greenville County South Carolina | 7 | $ 1,091,000 | $ 155,000 | $ 53,000 |
| Horry County South Carolina | 7 | $ 890,000 | $ 127,000 | $ 102,000 |
| Culpeper County Virginia | 7 | $ 1,201,000 | $ 171,000 | $ 70,000 |
| Forsyth County North Carolina | 6 | $ 1,167,000 | $ 194,000 | $ 73,000 |
| Greenwood County South Carolina | 6 | $ 746,000 | $ 124,000 | $ 46,000 |
| Caroline County Virginia | 6 | $ 974,000 | $ 162,000 | $ 56,000 |
| Franklin City County Virginia | 6 | $ 1,260,000 | $ 210,000 | $ 35,000 |
| Frederick County Virginia | 6 | $ 1,580,000 | $ 263,000 | $ 96,000 |
| Middlesex County Virginia | 6 | $ 437,000 | $ 72,000 | $ 48,000 |
| Northampton County Virginia | 6 | $ 947,000 | $ 157,000 | $ 72,000 |
| Westmoreland County Virginia | 6 | $ 1,830,000 | $ 305,000 | $ 154,000 |
| Buncombe County North Carolina | 5 | $ 726,000 | $ 145,000 | $ 81,000 |
| Durham County North Carolina | 5 | $ 766,000 | $ 153,000 | $ 79,000 |
| Colonial Heights County Virginia | 5 | $ 623,000 | $ 124,000 | $ 49,000 |
| Dinwiddie County Virginia | 5 | $ 1,026,000 | $ 205,000 | $ 73,000 |
| King William County Virginia | 5 | $ 783,000 | $ 156,000 | $ 53,000 |
| Louisa County Virginia | 5 | $ 738,000 | $ 147,000 | $ 41,000 |
| Prince Edward County Virginia | 5 | $ 751,000 | $ 150,000 | $ 53,000 |
| Southampton County Virginia | 5 | $ 676,000 | $ 135,000 | $ 50,000 |
| Williamsburg County Virginia | 5 | $ 1,411,000 | $ 282,000 | $ 76,000 |
| Garrett County Maryland | 4 | $ 917,000 | $ 229,000 | $ 99,000 |
| Carteret County North Carolina | 4 | $ 1,249,000 | $ 312,000 | $ 177,000 |
| Gates County North Carolina | 4 | $ 574,000 | $ 143,000 | $ 65,000 |
| Charleston County South Carolina | 4 | $ 857,000 | $ 214,000 | $ 74,000 |
| Albemarle County Virginia | 4 | $ 1,713,000 | $ 428,000 | $ 142,000 |
| Charlotte County Virginia | 4 | $ 209,000 | $ 52,000 | $ 31,000 |
| Essex County Virginia | 4 | $ 788,000 | $ 197,000 | $ 83,000 |
| Northumberland County Virginia | 4 | $ 830,000 | $ 207,000 | $ 79,000 |
| Warren County Virginia | 4 | $ 846,000 | $ 211,000 | $ 67,000 |
| Morgan County West Virginia | 4 | $ 683,000 | $ 170,000 | $ 102,000 |
| Allegany County Maryland | 3 | $ 247,000 | $ 82,000 | $ 76,000 |
| Talbot County Maryland | 3 | $ 1,421,000 | $ 473,000 | $ 565,000 |
| Wicomico County Maryland | 3 | $ 419,000 | $ 139,000 | $ 68,000 |
| Beaufort County North Carolina | 3 | $ 763,000 | $ 254,000 | $ 136,000 |
| Chowan County North Carolina | 3 | $ 512,000 | $ 170,000 | $ 101,000 |
| Craven County North Carolina | 3 | $ 751,000 | $ 250,000 | $ 75,000 |
| Perquimans County North Carolina | 3 | $ 626,000 | $ 208,000 | $ 197,000 |
| Chester County South Carolina | 3 | $ 367,000 | $ 122,000 | $ 81,000 |
| Amelia County Virginia | 3 | $ 665,000 | $ 221,000 | $ 98,000 |
| Bedford County Virginia | 3 | $ 1,067,000 | $ 355,000 | $ 38,000 |
| Fredericksburg County Virginia | 3 | $ 656,000 | $ 218,000 | $ 83,000 |
| Goochland County Virginia | 3 | $ 724,000 | $ 241,000 | $ 94,000 |
| Richmond County Virginia | 3 | $ 606,000 | $ 202,000 | $ 64,000 |
| Jefferson County West Virginia | 3 | $ 699,000 | $ 233,000 | $ 131,000 |
| New Castle County Delaware | 2 | $ 396,000 | $ 198,000 | $ 23,000 |
| Dorchester County Maryland | 2 | $ 405,000 | $ 202,000 | $ 39,000 |
| Kent County Maryland | 2 | $ 319,000 | $ 159,000 | $ 90,000 |
| Somerset County Maryland | 2 | $ 89,000 | $ 44,000 | $ 53,000 |
| Cleveland County North Carolina | 2 | $ 267,000 | $ 133,000 | $ 41,000 |
| Columbus County North Carolina | 2 | $ 135,000 | $ 67,000 | $ 23,000 |
| Davidson County North Carolina | 2 | $ 194,000 | $ 97,000 | $ 54,000 |
| Hoke County North Carolina | 2 | $ 456,000 | $ 228,000 | $ 12,000 |
| McDowell County North Carolina | 2 | $ 433,000 | $ 216,000 | $ 71,000 |
| Nash County North Carolina | 2 | $ 397,000 | $ 198,000 | $ 88,000 |
| Orange County North Carolina | 2 | $ 621,000 | $ 310,000 | $ 126,000 |
| Pitt County North Carolina | 2 | $ 736,000 | $ 368,000 | $ 203,000 |
| Randolph County North Carolina | 2 | $ 473,000 | $ 236,000 | $ 82,000 |
| Bucks County Pennsylvania | 2 | $ 470,000 | $ 235,000 | $ 94,000 |
| Dauphin County Pennsylvania | 2 | $ 516,000 | $ 258,000 | $ 320,000 |
| Abbeville County South Carolina | 2 | $ 204,000 | $ 102,000 | $ 29,000 |
| Anderson County South Carolina | 2 | $ 283,000 | $ 141,000 | $ 42,000 |
| Beaufort County South Carolina | 2 | $ 544,000 | $ 272,000 | $ 89,000 |
| Chesterfield County South Carolina | 2 | $ 234,000 | $ 117,000 | $ 38,000 |
| Fairfield County South Carolina | 2 | $ 536,000 | $ 268,000 | $ 103,000 |
| Oconee County South Carolina | 2 | $ 116,000 | $ 58,000 | $ 41,000 |
| Pickens County South Carolina | 2 | $ 271,000 | $ 135,000 | $ 44,000 |
| Richland County South Carolina | 2 | $ 678,000 | $ 339,000 | $ 81,000 |
| Accomack County Virginia | 2 | $ 496,000 | $ 248,000 | $ 118,000 |
| Cumberland County Virginia | 2 | $ 382,000 | $ 191,000 | $ 96,000 |
| Giles County Virginia | 2 | $ 413,000 | $ 206,000 | $ 340,000 |
| Manassas Park County Virginia | 2 | $ 345,000 | $ 172,000 | $ 49,000 |
| Nottoway County Virginia | 2 | $ 177,000 | $ 88,000 | $ 35,000 |
| Page County Virginia | 2 | $ 486,000 | $ 243,000 | $ 114,000 |
| Rappahannock County Virginia | 2 | $ 587,000 | $ 293,000 | $ 156,000 |
| Sussex County Virginia | 2 | $ 345,000 | $ 172,000 | $ 60,000 |
| Winchester County Virginia | 2 | $ 430,000 | $ 215,000 | $ 110,000 |
| Hardy County West Virginia | 2 | $ 341,000 | $ 170,000 | $ 217,000 |
| Anson County North Carolina | 1 | $ 122,000 | $ 122,000 | $ 69,000 |
| Burke County North Carolina | 1 | $ 161,000 | $ 161,000 | $ 47,000 |
| Caldwell County North Carolina | 1 | $ 156,000 | $ 156,000 | $ 57,000 |
| Chatham County North Carolina | 1 | $ 279,000 | $ 279,000 | $ 48,000 |
| Davie County North Carolina | 1 | $ 78,000 | $ 78,000 | $ 32,000 |
| Duplin County North Carolina | 1 | $ 62,000 | $ 62,000 | $ 14,000 |
| Haywood County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 159,000 |
| Hertford County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 23,000 |
| Lee County North Carolina | 1 | $ 174,000 | $ 174,000 | $ 0 |
| Moore County North Carolina | 1 | $ 230,000 | $ 230,000 | $ 65,000 |
| Person County North Carolina | 1 | $ 268,000 | $ 268,000 | $ 141,000 |
| Richmond County North Carolina | 1 | $ 189,000 | $ 189,000 | $ 75,000 |
| Sampson County North Carolina | 1 | $ 129,000 | $ 129,000 | $ 50,000 |
| Watauga County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 94,000 |
| Wilkes County North Carolina | 1 | $ 252,000 | $ 252,000 | $ 95,000 |
| Allegheny County Pennsylvania | 1 | $ 433,000 | $ 433,000 | $ 86,000 |
| Cumberland County Pennsylvania | 1 | $ 385,000 | $ 385,000 | $ 152,000 |
| Delaware County Pennsylvania | 1 | $ 280,000 | $ 280,000 | $ 140,000 |
| Erie County Pennsylvania | 1 | $ 58,000 | $ 58,000 | $ 19,000 |
| Franklin County Pennsylvania | 1 | $ 104,000 | $ 104,000 | $ 80,000 |
| Lancaster County Pennsylvania | 1 | $ 234,000 | $ 234,000 | $ 138,000 |
| Montgomery County Pennsylvania | 1 | $ 150,000 | $ 150,000 | $ 259,000 |
| Philadelphia County Pennsylvania | 1 | $ 336,000 | $ 336,000 | $ 213,000 |
| Tioga County Pennsylvania | 1 | $ 161,000 | $ 161,000 | $ 135,000 |
| Berkeley County South Carolina | 1 | $ 159,000 | $ 159,000 | $ 0 |
| Dorchester County South Carolina | 1 | $ 361,000 | $ 361,000 | $ 170,000 |
| Jasper County South Carolina | 1 | $ 84,000 | $ 84,000 | $ 146,000 |
| Newberry County South Carolina | 1 | $ 417,000 | $ 417,000 | $ 136,000 |
| Augusta County Virginia | 1 | $ 159,000 | $ 159,000 | $ 138,000 |
| Buckingham County Virginia | 1 | $ 257,000 | $ 257,000 | $ 73,000 |
| Carroll County Virginia | 1 | $ 91,000 | $ 91,000 | $ 76,000 |
| Charles City County Virginia | 1 | $ 524,000 | $ 524,000 | $ 165,000 |
| Falls Church County Virginia | 1 | $ 495,000 | $ 495,000 | $ 101,000 |
| Floyd County Virginia | 1 | $ 323,000 | $ 323,000 | $ 95,000 |
| Fluvanna County Virginia | 1 | $ 335,000 | $ 335,000 | $ 166,000 |
| Greensville County Virginia | 1 | $ 95,000 | $ 95,000 | $ 51,000 |
| King and Queen County Virginia | 1 | $ 105,000 | $ 105,000 | $ 24,000 |
| Lunenburg County Virginia | 1 | $ 136,000 | $ 136,000 | $ 72,000 |
| Madison County Virginia | 1 | $ 88,000 | $ 88,000 | $ 135,000 |
| Mathews County Virginia | 1 | $ 625,000 | $ 625,000 | $ 395,000 |
| Mecklenburg County Virginia | 1 | $ 336,000 | $ 336,000 | $ 36,000 |
| Montgomery County Virginia | 1 | $ 224,000 | $ 224,000 | $ 97,000 |
| Orange County Virginia | 1 | $ 294,000 | $ 294,000 | $ 65,000 |
| Petersburg County Virginia | 1 | $ 121,000 | $ 121,000 | $ 53,000 |
| Rockingham County Virginia | 1 | $ 431,000 | $ 431,000 | $ 85,000 |
| Salem County Virginia | 1 | $ 135,000 | $ 135,000 | $ 43,000 |
| Shenandoah County Virginia | 1 | $ 129,000 | $ 129,000 | $ 56,000 |
| Staunton County Virginia | 1 | $ 165,000 | $ 165,000 | $ 35,000 |
| Surry County Virginia | 1 | $ 279,000 | $ 279,000 | $ 61,000 |
| Wythe County Virginia | 1 | $ 144,000 | $ 144,000 | $ 136,000 |
| Boone County West Virginia | 1 | $ 72,000 | $ 72,000 | $ 37,000 |
| Greenbrier County West Virginia | 1 | $ 83,000 | $ 83,000 | $ 79,000 |
| Mercer County West Virginia | 1 | $ 60,000 | $ 60,000 | $ 151,000 |
| Pocahontas County West Virginia | 1 | $ 157,000 | $ 157,000 | $ 0 |
| Preston County West Virginia | 1 | $ 82,000 | $ 82,000 | $ 30,000 |
| Randolph County West Virginia | 1 | $ 90,000 | $ 90,000 | $ 48,000 |
Mortgage Loan Application Detail Totals for Monarch Bank in 2014
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 | 6,219 | $1,547,849,000 | $248,000 | $2,387,000 | $93,000 | $1,115,000 |
| Refinancing | 2,069 | $598,198,000 | $289,000 | $4,762,000 | $104,000 | $1,952,000 |
| Home Improvement | 182 | $47,104,000 | $258,000 | $1,000,000 | $113,000 | $626,000 |
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 | 5,410 | $1,400,552,000 | $258,000 | $1,400,000 | $102,000 | $1,952,000 |
| Black or African American | 1,521 | $367,556,000 | $241,000 | $900,000 | $82,000 | $1,106,000 |
| Not Provided | 553 | $152,853,000 | $276,000 | $1,160,000 | $108,000 | $774,000 |
| Hispanic | 465 | $117,368,000 | $252,000 | $1,234,000 | $74,000 | $490,000 |
| Asian | 364 | $102,151,000 | $280,000 | $881,000 | $98,000 | $839,000 |
| Not applicable | 98 | $36,631,000 | $373,000 | $4,762,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 35 | $9,533,000 | $272,000 | $1,085,000 | $84,000 | $226,000 |
| American Indian or Alaskan Native | 24 | $6,507,000 | $271,000 | $1,000,000 | $75,000 | $180,000 |
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) | 4,581 | $1,208,933,000 | $263,000 | $4,762,000 | $113,000 | $1,952,000 |
| FHA-insured (Federal Housing Administration) | 1,877 | $416,785,000 | $222,000 | $785,000 | $70,000 | $274,000 |
| VA-guaranteed (Veterans Administration) | 1,650 | $501,592,000 | $303,000 | $1,234,000 | $88,000 | $361,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 362 | $65,841,000 | $181,000 | $457,000 | $55,000 | $120,000 |
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 | 6,137 | $1,597,278,000 | $260,000 | $4,762,000 | $95,000 | $1,952,000 |
| Application Withdrawn By Applicant | 991 | $252,577,000 | $254,000 | $1,313,000 | $100,000 | $1,001,000 |
| File Closed For Incompleteness | 620 | $174,650,000 | $281,000 | $1,160,000 | $105,000 | $1,037,000 |
| Application Denied By Financial Institution | 578 | $134,817,000 | $233,000 | $1,135,000 | $82,000 | $1,106,000 |
| Application Approved But Not Accepted | 144 | $33,829,000 | $234,000 | $595,000 | $101,000 | $668,000 |
| 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 | $70,881,000 | $230,000 | $819,000 | $76,000 | $1,106,000 |
| Debt-To-Income Ratio | 100 | $24,037,000 | $240,000 | $1,034,000 | $64,000 | $276,000 |
| Collateral | 48 | $10,783,000 | $224,000 | $1,135,000 | $123,000 | $793,000 |
| Other | 22 | $5,344,000 | $242,000 | $572,000 | $122,000 | $449,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 15 | $4,046,000 | $269,000 | $485,000 | $113,000 | $368,000 |
| Employment History | 11 | $2,204,000 | $200,000 | $301,000 | $54,000 | $150,000 |
| Unverifiable Information | 10 | $2,829,000 | $282,000 | $545,000 | $73,000 | $180,000 |
| Credit Application Incomplete | 4 | $1,545,000 | $386,000 | $500,000 | $152,000 | $206,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Monarch Bank's 2014 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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