Monarch Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2015
Monarch Bank 2015 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 | 10,910 |
| 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 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2015 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 2015 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 2015.
| 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 |
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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Monarch Bank's 2015 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.
For a list of all lenders in Virginia, download the full spreadsheet
with aggregated HMDA statistics today.