Monarch Bank
Mortgage Loan Application
Totals and Details
for 2015
Find mortgage loan statistics, lending data, and loan application totals for Virginia.
The mortgage statistics and data below are specific to mortgage loan applications for Monarch Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| 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 | 10,910 |
| Total Mortgage Loan Application Amount | $2,808,558,000 |
| Average Mortgage Loan Application Amount | $252,333 |
| Highest Mortgage Loan Application Amount | $4,655,000 |
| Average Applicant Income | $93,333 |
| Highest Applicant Income | $1,550,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in VA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| 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 | 1,165 | $ 308,181,000 | $ 264,000 | $ 88,000 |
| Prince George's County Maryland | 769 | $ 198,011,000 | $ 257,000 | $ 78,000 |
| Montgomery County Maryland | 684 | $ 225,299,000 | $ 329,000 | $ 105,000 |
| Chesapeake County Virginia | 652 | $ 170,839,000 | $ 262,000 | $ 87,000 |
| Anne Arundel County Maryland | 606 | $ 173,099,000 | $ 285,000 | $ 99,000 |
| Mecklenburg County North Carolina | 406 | $ 68,754,000 | $ 169,000 | $ 78,000 |
| Fairfax County Virginia | 397 | $ 156,979,000 | $ 395,000 | $ 135,000 |
| Norfolk County Virginia | 397 | $ 92,784,000 | $ 233,000 | $ 87,000 |
| Baltimore County Maryland | 368 | $ 82,690,000 | $ 224,000 | $ 77,000 |
| Charles County Maryland | 327 | $ 89,342,000 | $ 273,000 | $ 78,000 |
| Frederick County Maryland | 269 | $ 71,693,000 | $ 266,000 | $ 91,000 |
| District of Columbia County District Of Columbia | 238 | $ 86,765,000 | $ 364,000 | $ 122,000 |
| Howard County Maryland | 221 | $ 74,516,000 | $ 337,000 | $ 118,000 |
| Prince William County Virginia | 212 | $ 65,081,000 | $ 306,000 | $ 93,000 |
| Chesterfield County Virginia | 205 | $ 45,250,000 | $ 220,000 | $ 89,000 |
| Harford County Maryland | 182 | $ 46,705,000 | $ 256,000 | $ 90,000 |
| Union County North Carolina | 178 | $ 32,952,000 | $ 185,000 | $ 75,000 |
| Henrico County Virginia | 176 | $ 34,507,000 | $ 196,000 | $ 82,000 |
| Suffolk County Virginia | 170 | $ 43,842,000 | $ 257,000 | $ 76,000 |
| St. Mary's County Maryland | 162 | $ 39,641,000 | $ 244,000 | $ 82,000 |
| Hampton County Virginia | 147 | $ 26,810,000 | $ 182,000 | $ 66,000 |
| Calvert County Maryland | 145 | $ 40,796,000 | $ 281,000 | $ 93,000 |
| Baltimore City County Maryland | 143 | $ 22,057,000 | $ 154,000 | $ 76,000 |
| Portsmouth County Virginia | 140 | $ 20,906,000 | $ 149,000 | $ 56,000 |
| Carroll County Maryland | 125 | $ 33,117,000 | $ 264,000 | $ 96,000 |
| Loudoun County Virginia | 119 | $ 42,617,000 | $ 358,000 | $ 120,000 |
| Dare County North Carolina | 114 | $ 29,539,000 | $ 259,000 | $ 135,000 |
| Newport News County Virginia | 112 | $ 19,560,000 | $ 174,000 | $ 75,000 |
| Iredell County North Carolina | 107 | $ 23,082,000 | $ 215,000 | $ 93,000 |
| Richmond City County Virginia | 90 | $ 16,813,000 | $ 186,000 | $ 92,000 |
| New Hanover County North Carolina | 86 | $ 16,291,000 | $ 189,000 | $ 91,000 |
| Currituck County North Carolina | 75 | $ 18,850,000 | $ 251,000 | $ 104,000 |
| York County South Carolina | 75 | $ 13,925,000 | $ 185,000 | $ 81,000 |
| Cabarrus County North Carolina | 63 | $ 12,059,000 | $ 191,000 | $ 76,000 |
| Hanover County Virginia | 58 | $ 14,289,000 | $ 246,000 | $ 99,000 |
| Gaston County North Carolina | 51 | $ 7,018,000 | $ 137,000 | $ 61,000 |
| Washington County Maryland | 48 | $ 8,470,000 | $ 176,000 | $ 63,000 |
| James City County Virginia | 47 | $ 15,150,000 | $ 322,000 | $ 104,000 |
| Stafford County Virginia | 43 | $ 12,087,000 | $ 281,000 | $ 75,000 |
| Arlington County Virginia | 42 | $ 21,724,000 | $ 517,000 | $ 197,000 |
| Harnett County North Carolina | 41 | $ 7,845,000 | $ 191,000 | $ 69,000 |
| Alexandria County Virginia | 41 | $ 15,768,000 | $ 384,000 | $ 148,000 |
| Queen Anne's County Maryland | 38 | $ 13,129,000 | $ 345,000 | $ 93,000 |
| Wake County North Carolina | 37 | $ 7,409,000 | $ 200,000 | $ 89,000 |
| Washington County Virginia | 36 | $ 6,104,000 | $ 169,000 | $ 81,000 |
| Isle of Wight County Virginia | 34 | $ 8,761,000 | $ 257,000 | $ 99,000 |
| York County Virginia | 34 | $ 10,086,000 | $ 296,000 | $ 116,000 |
| York County Pennsylvania | 32 | $ 5,959,000 | $ 186,000 | $ 76,000 |
| King George County Virginia | 28 | $ 8,239,000 | $ 294,000 | $ 97,000 |
| Spotsylvania County Virginia | 28 | $ 6,739,000 | $ 240,000 | $ 87,000 |
| Henderson County North Carolina | 27 | $ 4,442,000 | $ 164,000 | $ 62,000 |
| Stanly County North Carolina | 27 | $ 3,261,000 | $ 120,000 | $ 51,000 |
| Fauquier County Virginia | 25 | $ 9,009,000 | $ 360,000 | $ 109,000 |
| Lancaster County South Carolina | 23 | $ 4,167,000 | $ 181,000 | $ 73,000 |
| Rowan County North Carolina | 22 | $ 3,444,000 | $ 156,000 | $ 64,000 |
| Gloucester County Virginia | 22 | $ 5,777,000 | $ 262,000 | $ 100,000 |
| Roanoke County Virginia | 22 | $ 4,122,000 | $ 187,000 | $ 90,000 |
| Franklin County North Carolina | 21 | $ 4,105,000 | $ 195,000 | $ 71,000 |
| Granville County North Carolina | 20 | $ 3,655,000 | $ 182,000 | $ 62,000 |
| Lincoln County North Carolina | 20 | $ 4,721,000 | $ 236,000 | $ 88,000 |
| Manassas County Virginia | 19 | $ 4,746,000 | $ 249,000 | $ 82,000 |
| Brunswick County North Carolina | 18 | $ 4,056,000 | $ 225,000 | $ 102,000 |
| Cumberland County North Carolina | 18 | $ 3,640,000 | $ 202,000 | $ 55,000 |
| Caroline County Maryland | 17 | $ 2,672,000 | $ 157,000 | $ 76,000 |
| Cecil County Maryland | 17 | $ 3,789,000 | $ 222,000 | $ 68,000 |
| Greenwood County South Carolina | 17 | $ 2,465,000 | $ 145,000 | $ 49,000 |
| Worcester County Maryland | 15 | $ 3,036,000 | $ 202,000 | $ 130,000 |
| Powhatan County Virginia | 15 | $ 2,535,000 | $ 169,000 | $ 69,000 |
| Onslow County North Carolina | 14 | $ 3,289,000 | $ 234,000 | $ 50,000 |
| Roanoke City County Virginia | 14 | $ 2,269,000 | $ 162,000 | $ 62,000 |
| Johnston County North Carolina | 13 | $ 2,534,000 | $ 194,000 | $ 59,000 |
| Kent County Delaware | 12 | $ 2,871,000 | $ 239,000 | $ 41,000 |
| Sussex County Delaware | 12 | $ 3,358,000 | $ 279,000 | $ 163,000 |
| Pender County North Carolina | 12 | $ 2,401,000 | $ 200,000 | $ 66,000 |
| Forsyth County North Carolina | 11 | $ 1,657,000 | $ 150,000 | $ 47,000 |
| Pasquotank County North Carolina | 11 | $ 1,924,000 | $ 174,000 | $ 79,000 |
| Louisa County Virginia | 11 | $ 1,753,000 | $ 159,000 | $ 112,000 |
| Poquoson County Virginia | 11 | $ 3,664,000 | $ 333,000 | $ 131,000 |
| Camden County North Carolina | 10 | $ 2,096,000 | $ 209,000 | $ 80,000 |
| Adams County Pennsylvania | 10 | $ 1,797,000 | $ 179,000 | $ 74,000 |
| Charleston County South Carolina | 10 | $ 2,902,000 | $ 290,000 | $ 119,000 |
| Frederick County Virginia | 10 | $ 2,734,000 | $ 273,000 | $ 65,000 |
| Goochland County Virginia | 10 | $ 2,207,000 | $ 220,000 | $ 84,000 |
| Westmoreland County Virginia | 10 | $ 2,044,000 | $ 204,000 | $ 84,000 |
| Chatham County North Carolina | 9 | $ 2,179,000 | $ 242,000 | $ 96,000 |
| Montgomery County North Carolina | 9 | $ 978,000 | $ 108,000 | $ 61,000 |
| Horry County South Carolina | 9 | $ 1,994,000 | $ 221,000 | $ 101,000 |
| Talbot County Maryland | 8 | $ 1,866,000 | $ 233,000 | $ 71,000 |
| Durham County North Carolina | 8 | $ 1,199,000 | $ 149,000 | $ 133,000 |
| Guilford County North Carolina | 8 | $ 1,259,000 | $ 157,000 | $ 67,000 |
| Polk County North Carolina | 8 | $ 1,260,000 | $ 157,000 | $ 77,000 |
| Spartanburg County South Carolina | 8 | $ 1,108,000 | $ 138,000 | $ 59,000 |
| Caroline County Virginia | 8 | $ 991,000 | $ 123,000 | $ 54,000 |
| Fairfax City County Virginia | 8 | $ 3,518,000 | $ 439,000 | $ 78,000 |
| New Kent County Virginia | 8 | $ 2,022,000 | $ 252,000 | $ 96,000 |
| Warren County Virginia | 8 | $ 1,208,000 | $ 151,000 | $ 100,000 |
| Manassas Park County Virginia | 7 | $ 1,905,000 | $ 272,000 | $ 86,000 |
| Orange County Virginia | 7 | $ 1,346,000 | $ 192,000 | $ 76,000 |
| Southampton County Virginia | 7 | $ 1,551,000 | $ 221,000 | $ 76,000 |
| Berkeley County West Virginia | 7 | $ 1,212,000 | $ 173,000 | $ 79,000 |
| Perquimans County North Carolina | 6 | $ 1,118,000 | $ 186,000 | $ 75,000 |
| Lancaster County Pennsylvania | 6 | $ 1,333,000 | $ 222,000 | $ 86,000 |
| Catawba County North Carolina | 5 | $ 969,000 | $ 193,000 | $ 56,000 |
| Dorchester County South Carolina | 5 | $ 991,000 | $ 198,000 | $ 71,000 |
| Surry County Virginia | 5 | $ 1,011,000 | $ 202,000 | $ 88,000 |
| Wythe County Virginia | 5 | $ 1,095,000 | $ 219,000 | $ 99,000 |
| Dorchester County Maryland | 4 | $ 827,000 | $ 206,000 | $ 72,000 |
| Moore County North Carolina | 4 | $ 1,231,000 | $ 307,000 | $ 118,000 |
| Allegheny County Pennsylvania | 4 | $ 722,000 | $ 180,000 | $ 78,000 |
| Montgomery County Pennsylvania | 4 | $ 2,397,000 | $ 599,000 | $ 286,000 |
| Pickens County South Carolina | 4 | $ 378,000 | $ 94,000 | $ 98,000 |
| Bedford County Virginia | 4 | $ 1,335,000 | $ 333,000 | $ 68,000 |
| Culpeper County Virginia | 4 | $ 1,123,000 | $ 280,000 | $ 76,000 |
| Falls Church County Virginia | 4 | $ 1,728,000 | $ 432,000 | $ 175,000 |
| Franklin County Virginia | 4 | $ 1,135,000 | $ 283,000 | $ 81,000 |
| Northampton County Virginia | 4 | $ 1,187,000 | $ 296,000 | $ 417,000 |
| Williamsburg County Virginia | 4 | $ 784,000 | $ 196,000 | $ 101,000 |
| Winchester County Virginia | 4 | $ 663,000 | $ 165,000 | $ 42,000 |
| Jefferson County West Virginia | 4 | $ 880,000 | $ 220,000 | $ 120,000 |
| New Castle County Delaware | 3 | $ 863,000 | $ 287,000 | $ 75,000 |
| Garrett County Maryland | 3 | $ 1,090,000 | $ 363,000 | $ 170,000 |
| Alamance County North Carolina | 3 | $ 482,000 | $ 160,000 | $ 30,000 |
| Anson County North Carolina | 3 | $ 301,000 | $ 100,000 | $ 56,000 |
| Beaufort County North Carolina | 3 | $ 575,000 | $ 191,000 | $ 98,000 |
| Buncombe County North Carolina | 3 | $ 443,000 | $ 147,000 | $ 51,000 |
| Davidson County North Carolina | 3 | $ 665,000 | $ 221,000 | $ 75,000 |
| Gates County North Carolina | 3 | $ 465,000 | $ 155,000 | $ 27,000 |
| Hoke County North Carolina | 3 | $ 637,000 | $ 212,000 | $ 39,000 |
| Sampson County North Carolina | 3 | $ 345,000 | $ 115,000 | $ 43,000 |
| Franklin County Pennsylvania | 3 | $ 825,000 | $ 275,000 | $ 117,000 |
| Philadelphia County Pennsylvania | 3 | $ 852,000 | $ 284,000 | $ 187,000 |
| Abbeville County South Carolina | 3 | $ 358,000 | $ 119,000 | $ 26,000 |
| Beaufort County South Carolina | 3 | $ 604,000 | $ 201,000 | $ 79,000 |
| Greenville County South Carolina | 3 | $ 783,000 | $ 261,000 | $ 100,000 |
| Oconee County South Carolina | 3 | $ 1,183,000 | $ 394,000 | $ 86,000 |
| Albemarle County Virginia | 3 | $ 877,000 | $ 292,000 | $ 121,000 |
| Alleghany County Virginia | 3 | $ 742,000 | $ 247,000 | $ 236,000 |
| Botetourt County Virginia | 3 | $ 646,000 | $ 215,000 | $ 66,000 |
| Brunswick County Virginia | 3 | $ 268,000 | $ 89,000 | $ 75,000 |
| Colonial Heights County Virginia | 3 | $ 574,000 | $ 191,000 | $ 97,000 |
| Franklin City County Virginia | 3 | $ 625,000 | $ 208,000 | $ 40,000 |
| Hopewell County Virginia | 3 | $ 130,000 | $ 43,000 | $ 35,000 |
| King William County Virginia | 3 | $ 542,000 | $ 180,000 | $ 70,000 |
| Lancaster County Virginia | 3 | $ 816,000 | $ 272,000 | $ 142,000 |
| Petersburg County Virginia | 3 | $ 400,000 | $ 133,000 | $ 46,000 |
| Prince Edward County Virginia | 3 | $ 456,000 | $ 152,000 | $ 51,000 |
| Salem County Virginia | 3 | $ 580,000 | $ 193,000 | $ 75,000 |
| Kanawha County West Virginia | 3 | $ 382,000 | $ 127,000 | $ 63,000 |
| Duval County Florida | 2 | $ 335,000 | $ 167,000 | $ 94,000 |
| Kent County Maryland | 2 | $ 366,000 | $ 183,000 | $ 75,000 |
| Wicomico County Maryland | 2 | $ 235,000 | $ 117,000 | $ 42,000 |
| Haywood County North Carolina | 2 | $ 357,000 | $ 178,000 | $ 85,000 |
| Lee County North Carolina | 2 | $ 294,000 | $ 147,000 | $ 37,000 |
| Orange County North Carolina | 2 | $ 373,000 | $ 186,000 | $ 122,000 |
| Pitt County North Carolina | 2 | $ 192,000 | $ 96,000 | $ 42,000 |
| Transylvania County North Carolina | 2 | $ 331,000 | $ 165,000 | $ 49,000 |
| Warren County North Carolina | 2 | $ 528,000 | $ 264,000 | $ 241,000 |
| Chester County Pennsylvania | 2 | $ 412,000 | $ 206,000 | $ 51,000 |
| Lycoming County Pennsylvania | 2 | $ 521,000 | $ 260,000 | $ 142,000 |
| Lexington County South Carolina | 2 | $ 460,000 | $ 230,000 | $ 70,000 |
| Sullivan County Tennessee | 2 | $ 296,000 | $ 148,000 | $ 41,000 |
| Dinwiddie County Virginia | 2 | $ 315,000 | $ 157,000 | $ 56,000 |
| Essex County Virginia | 2 | $ 204,000 | $ 102,000 | $ 68,000 |
| Fredericksburg County Virginia | 2 | $ 520,000 | $ 260,000 | $ 74,000 |
| King and Queen County Virginia | 2 | $ 338,000 | $ 169,000 | $ 54,000 |
| Nelson County Virginia | 2 | $ 505,000 | $ 252,000 | $ 249,000 |
| Page County Virginia | 2 | $ 355,000 | $ 177,000 | $ 103,000 |
| Rockingham County Virginia | 2 | $ 487,000 | $ 243,000 | $ 202,000 |
| Smyth County Virginia | 2 | $ 88,000 | $ 44,000 | $ 47,000 |
| Hardy County West Virginia | 2 | $ 225,000 | $ 112,000 | $ 76,000 |
| Lincoln County West Virginia | 2 | $ 246,000 | $ 123,000 | $ 52,000 |
| Collier County Florida | 1 | $ 465,000 | $ 465,000 | $ 175,000 |
| Hillsborough County Florida | 1 | $ 159,000 | $ 159,000 | $ 39,000 |
| Lee County Florida | 1 | $ 354,000 | $ 354,000 | $ 280,000 |
| Pasco County Florida | 1 | $ 68,000 | $ 68,000 | $ 56,000 |
| Santa Rosa County Florida | 1 | $ 209,000 | $ 209,000 | $ 116,000 |
| St. Johns County Florida | 1 | $ 417,000 | $ 417,000 | $ 92,000 |
| Walton County Florida | 1 | $ 168,000 | $ 168,000 | $ 322,000 |
| Somerset County Maryland | 1 | $ 172,000 | $ 172,000 | $ 46,000 |
| Alexander County North Carolina | 1 | $ 88,000 | $ 88,000 | $ 23,000 |
| Ashe County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 116,000 |
| Avery County North Carolina | 1 | $ 232,000 | $ 232,000 | $ 97,000 |
| Burke County North Carolina | 1 | $ 119,000 | $ 119,000 | $ 49,000 |
| Cherokee County North Carolina | 1 | $ 220,000 | $ 220,000 | $ 47,000 |
| Chowan County North Carolina | 1 | $ 126,000 | $ 126,000 | $ 38,000 |
| Cleveland County North Carolina | 1 | $ 112,000 | $ 112,000 | $ 35,000 |
| Columbus County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 32,000 |
| Craven County North Carolina | 1 | $ 130,000 | $ 130,000 | $ 165,000 |
| Duplin County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 53,000 |
| Hyde County North Carolina | 1 | $ 300,000 | $ 300,000 | $ 135,000 |
| Jackson County North Carolina | 1 | $ 87,000 | $ 87,000 | $ 17,000 |
| Martin County North Carolina | 1 | $ 41,000 | $ 41,000 | $ 209,000 |
| McDowell County North Carolina | 1 | $ 113,000 | $ 113,000 | $ 150,000 |
| Northampton County North Carolina | 1 | $ 417,000 | $ 417,000 | $ 235,000 |
| Randolph County North Carolina | 1 | $ 116,000 | $ 116,000 | $ 71,000 |
| Rockingham County North Carolina | 1 | $ 214,000 | $ 214,000 | $ 123,000 |
| Rutherford County North Carolina | 1 | $ 113,000 | $ 113,000 | $ 61,000 |
| Stokes County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 27,000 |
| Watauga County North Carolina | 1 | $ 129,000 | $ 129,000 | $ 238,000 |
| Yancey County North Carolina | 1 | $ 152,000 | $ 152,000 | $ 84,000 |
| Bucks County Pennsylvania | 1 | $ 329,000 | $ 329,000 | $ 142,000 |
| Dauphin County Pennsylvania | 1 | $ 93,000 | $ 93,000 | $ 51,000 |
| Delaware County Pennsylvania | 1 | $ 198,000 | $ 198,000 | $ 122,000 |
| Fulton County Pennsylvania | 1 | $ 312,000 | $ 312,000 | $ 244,000 |
| Aiken County South Carolina | 1 | $ 184,000 | $ 184,000 | $ 68,000 |
| Cherokee County South Carolina | 1 | $ 51,000 | $ 51,000 | $ 21,000 |
| Chester County South Carolina | 1 | $ 136,000 | $ 136,000 | $ 51,000 |
| Chesterfield County South Carolina | 1 | $ 88,000 | $ 88,000 | $ 60,000 |
| Florence County South Carolina | 1 | $ 200,000 | $ 200,000 | $ 67,000 |
| Kershaw County South Carolina | 1 | $ 105,000 | $ 105,000 | $ 41,000 |
| Laurens County South Carolina | 1 | $ 226,000 | $ 226,000 | $ 94,000 |
| Marion County South Carolina | 1 | $ 128,000 | $ 128,000 | $ 59,000 |
| Accomack County Virginia | 1 | $ 101,000 | $ 101,000 | $ 77,000 |
| Appomattox County Virginia | 1 | $ 70,000 | $ 70,000 | $ 28,000 |
| Bath County Virginia | 1 | $ 1,500,000 | $ 1,500,000 | $ 0 |
| Buckingham County Virginia | 1 | $ 69,000 | $ 69,000 | $ 27,000 |
| Carroll County Virginia | 1 | $ 92,000 | $ 92,000 | $ 51,000 |
| Charles City County Virginia | 1 | $ 181,000 | $ 181,000 | $ 45,000 |
| Giles County Virginia | 1 | $ 231,000 | $ 231,000 | $ 63,000 |
| Greene County Virginia | 1 | $ 227,000 | $ 227,000 | $ 68,000 |
| Harrisonburg County Virginia | 1 | $ 155,000 | $ 155,000 | $ 73,000 |
| Mathews County Virginia | 1 | $ 242,000 | $ 242,000 | $ 0 |
| Northumberland County Virginia | 1 | $ 320,000 | $ 320,000 | $ 229,000 |
| Prince George County Virginia | 1 | $ 157,000 | $ 157,000 | $ 41,000 |
| Richmond County Virginia | 1 | $ 201,000 | $ 201,000 | $ 46,000 |
| Shenandoah County Virginia | 1 | $ 243,000 | $ 243,000 | $ 70,000 |
| Staunton County Virginia | 1 | $ 139,000 | $ 139,000 | $ 110,000 |
| Sussex County Virginia | 1 | $ 163,000 | $ 163,000 | $ 0 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Virginia,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Monarch Bank in 2015
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 | 7,388 | $1,815,551,000 | $245,000 | $1,500,000 | $91,000 | $1,550,000 |
| Refinancing | 3,361 | $956,162,000 | $284,000 | $4,655,000 | $90,000 | $1,217,000 |
| Home Improvement | 161 | $36,845,000 | $228,000 | $1,200,000 | $99,000 | $681,000 |
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 | 6,798 | $1,768,878,000 | $260,000 | $1,750,000 | $97,000 | $1,533,000 |
| Black or African American | 2,085 | $494,541,000 | $237,000 | $1,459,000 | $77,000 | $1,217,000 |
| Hispanic | 726 | $173,482,000 | $238,000 | $1,221,000 | $72,000 | $979,000 |
| Not Provided | 583 | $166,406,000 | $285,000 | $1,480,000 | $99,000 | $938,000 |
| Asian | 568 | $165,563,000 | $291,000 | $1,200,000 | $102,000 | $1,550,000 |
| Not applicable | 93 | $25,455,000 | $273,000 | $4,655,000 | $0 | $0 |
| American Indian or Alaskan Native | 31 | $8,140,000 | $262,000 | $608,000 | $102,000 | $293,000 |
| Native Hawaiian or Other Pacific Islander | 26 | $6,093,000 | $234,000 | $604,000 | $95,000 | $217,000 |
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) | 5,347 | $1,383,173,000 | $258,000 | $4,655,000 | $111,000 | $1,550,000 |
| FHA-insured (Federal Housing Administration) | 3,442 | $797,813,000 | $231,000 | $636,000 | $65,000 | $621,000 |
| VA-guaranteed (Veterans Administration) | 1,829 | $570,166,000 | $311,000 | $1,118,000 | $85,000 | $1,027,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 292 | $57,406,000 | $196,000 | $495,000 | $58,000 | $130,000 |
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 | 7,929 | $2,057,352,000 | $259,000 | $4,655,000 | $91,000 | $1,533,000 |
| Application Withdrawn By Applicant | 1,425 | $366,497,000 | $257,000 | $1,750,000 | $95,000 | $1,550,000 |
| Application Denied By Financial Institution | 718 | $164,268,000 | $228,000 | $1,221,000 | $73,000 | $979,000 |
| File Closed For Incompleteness | 611 | $163,172,000 | $267,000 | $1,000,000 | $103,000 | $1,217,000 |
| Application Approved But Not Accepted | 227 | $57,269,000 | $252,000 | $1,480,000 | $96,000 | $377,000 |
| 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 | 392 | $93,771,000 | $239,000 | $1,200,000 | $71,000 | $400,000 |
| Debt-To-Income Ratio | 168 | $34,762,000 | $206,000 | $620,000 | $54,000 | $348,000 |
| Collateral | 100 | $21,288,000 | $212,000 | $650,000 | $102,000 | $390,000 |
| Unverifiable Information | 20 | $5,166,000 | $258,000 | $993,000 | $99,000 | $483,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 17 | $3,725,000 | $219,000 | $510,000 | $69,000 | $192,000 |
| Employment History | 12 | $2,050,000 | $170,000 | $313,000 | $43,000 | $112,000 |
| Other | 5 | $1,065,000 | $213,000 | $323,000 | $59,000 | $98,000 |
| Credit Application Incomplete | 3 | $2,004,000 | $668,000 | $1,221,000 | $407,000 | $979,000 |
| Mortgage Insurance Denied | 1 | $437,000 | $437,000 | $437,000 | $102,000 | $102,000 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in VA, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Virginia, and search similar information at your convenience.