Ovm Financial, Inc.
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 Ovm Financial, Inc..
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 Ovm Financial, Inc.
816 Greenbrier Circle Suite 100
Chesapeake, VA 23320
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 2,227
Total Mortgage Loan Application Amount $448,155,000
Average Mortgage Loan Application Amount $205,000
Highest Mortgage Loan Application Amount $611,000
Average Applicant Income $66,500
Highest Applicant Income $525,000

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.

Mortgage Loan Application Totals for Ovm Financial, Inc. by County in 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 515 $ 111,837,000 $ 217,000 $ 70,000
Chesapeake County Virginia 344 $ 78,417,000 $ 227,000 $ 69,000
Norfolk County Virginia 258 $ 50,165,000 $ 194,000 $ 61,000
Portsmouth County Virginia 121 $ 16,707,000 $ 138,000 $ 45,000
Cumberland County North Carolina 106 $ 17,169,000 $ 161,000 $ 70,000
Hampton County Virginia 105 $ 18,763,000 $ 178,000 $ 65,000
Suffolk County Virginia 99 $ 21,684,000 $ 219,000 $ 68,000
Newport News County Virginia 74 $ 12,454,000 $ 168,000 $ 60,000
Moore County North Carolina 66 $ 14,626,000 $ 221,000 $ 82,000
Lee County North Carolina 45 $ 7,434,000 $ 165,000 $ 79,000
Hoke County North Carolina 27 $ 4,869,000 $ 180,000 $ 65,000
Harnett County North Carolina 25 $ 4,116,000 $ 164,000 $ 64,000
Charleston County South Carolina 25 $ 5,535,000 $ 221,000 $ 72,000
New Hanover County North Carolina 24 $ 4,150,000 $ 172,000 $ 86,000
Gloucester County Virginia 23 $ 4,605,000 $ 200,000 $ 65,000
Wake County North Carolina 22 $ 5,764,000 $ 262,000 $ 135,000
Chesterfield County Virginia 22 $ 3,876,000 $ 176,000 $ 68,000
Columbus County North Carolina 20 $ 2,748,000 $ 137,000 $ 64,000
Isle of Wight County Virginia 20 $ 4,597,000 $ 229,000 $ 68,000
York County Virginia 17 $ 4,735,000 $ 278,000 $ 81,000
Robeson County North Carolina 14 $ 2,550,000 $ 182,000 $ 70,000
Henrico County Virginia 13 $ 2,489,000 $ 191,000 $ 88,000
Horry County South Carolina 11 $ 1,655,000 $ 150,000 $ 60,000
Brunswick County North Carolina 8 $ 1,674,000 $ 209,000 $ 121,000
Southampton County Virginia 8 $ 1,606,000 $ 200,000 $ 52,000
Currituck County North Carolina 7 $ 1,514,000 $ 216,000 $ 86,000
James City County Virginia 7 $ 2,078,000 $ 296,000 $ 86,000
Prince William County Virginia 7 $ 2,520,000 $ 360,000 $ 119,000
Durham County North Carolina 6 $ 1,436,000 $ 239,000 $ 158,000
Mecklenburg County North Carolina 5 $ 861,000 $ 172,000 $ 111,000
Pasquotank County North Carolina 5 $ 1,098,000 $ 219,000 $ 79,000
Albemarle County Virginia 5 $ 1,202,000 $ 240,000 $ 98,000
Camden County North Carolina 4 $ 757,000 $ 189,000 $ 41,000
Johnston County North Carolina 4 $ 982,000 $ 245,000 $ 107,000
Berkeley County South Carolina 4 $ 788,000 $ 197,000 $ 83,000
Dorchester County South Carolina 4 $ 456,000 $ 114,000 $ 44,000
Franklin City County Virginia 4 $ 556,000 $ 139,000 $ 57,000
Hanover County Virginia 4 $ 628,000 $ 157,000 $ 91,000
Richmond City County Virginia 4 $ 849,000 $ 212,000 $ 73,000
Spotsylvania County Virginia 4 $ 1,211,000 $ 302,000 $ 69,000
Davidson County North Carolina 3 $ 658,000 $ 219,000 $ 82,000
Pender County North Carolina 3 $ 449,000 $ 149,000 $ 93,000
Richmond County North Carolina 3 $ 520,000 $ 173,000 $ 72,000
Union County North Carolina 3 $ 655,000 $ 218,000 $ 94,000
Bedford County Virginia 3 $ 589,000 $ 196,000 $ 34,000
King William County Virginia 3 $ 677,000 $ 225,000 $ 76,000
Louisa County Virginia 3 $ 520,000 $ 173,000 $ 66,000
Mathews County Virginia 3 $ 540,000 $ 180,000 $ 56,000
Poquoson County Virginia 3 $ 686,000 $ 228,000 $ 70,000
Stafford County Virginia 3 $ 529,000 $ 176,000 $ 71,000
Bladen County North Carolina 2 $ 280,000 $ 140,000 $ 101,000
Cabarrus County North Carolina 2 $ 493,000 $ 246,000 $ 84,000
Chatham County North Carolina 2 $ 364,000 $ 182,000 $ 60,000
Duplin County North Carolina 2 $ 314,000 $ 157,000 $ 33,000
Gates County North Carolina 2 $ 255,000 $ 127,000 $ 73,000
Guilford County North Carolina 2 $ 382,000 $ 191,000 $ 72,000
Nash County North Carolina 2 $ 294,000 $ 147,000 $ 46,000
Orange County North Carolina 2 $ 498,000 $ 249,000 $ 56,000
Watauga County North Carolina 2 $ 305,000 $ 152,000 $ 91,000
Wayne County North Carolina 2 $ 220,000 $ 110,000 $ 84,000
Lexington County South Carolina 2 $ 421,000 $ 210,000 $ 85,000
Greene County Virginia 2 $ 338,000 $ 169,000 $ 48,000
Nelson County Virginia 2 $ 450,000 $ 225,000 $ 167,000
Orange County Virginia 2 $ 149,000 $ 74,000 $ 38,000
Prince George County Virginia 2 $ 506,000 $ 253,000 $ 113,000
Surry County Virginia 2 $ 319,000 $ 159,000 $ 79,000
Alamance County North Carolina 1 $ 364,000 $ 364,000 $ 207,000
Ashe County North Carolina 1 $ 199,000 $ 199,000 $ 111,000
Bertie County North Carolina 1 $ 204,000 $ 204,000 $ 64,000
Carteret County North Carolina 1 $ 296,000 $ 296,000 $ 197,000
Craven County North Carolina 1 $ 154,000 $ 154,000 $ 89,000
Halifax County North Carolina 1 $ 223,000 $ 223,000 $ 125,000
Henderson County North Carolina 1 $ 270,000 $ 270,000 $ 412,000
Pamlico County North Carolina 1 $ 221,000 $ 221,000 $ 322,000
Person County North Carolina 1 $ 207,000 $ 207,000 $ 64,000
Sampson County North Carolina 1 $ 110,000 $ 110,000 $ 41,000
Scotland County North Carolina 1 $ 99,000 $ 99,000 $ 45,000
Stanly County North Carolina 1 $ 227,000 $ 227,000 $ 112,000
Wilson County North Carolina 1 $ 305,000 $ 305,000 $ 150,000
Colleton County South Carolina 1 $ 121,000 $ 121,000 $ 35,000
Darlington County South Carolina 1 $ 196,000 $ 196,000 $ 59,000
Marion County South Carolina 1 $ 81,000 $ 81,000 $ 16,000
Accomack County Virginia 1 $ 168,000 $ 168,000 $ 309,000
Alexandria County Virginia 1 $ 135,000 $ 135,000 $ 75,000
Campbell County Virginia 1 $ 276,000 $ 276,000 $ 136,000
King and Queen County Virginia 1 $ 214,000 $ 214,000 $ 63,000
King George County Virginia 1 $ 190,000 $ 190,000 $ 46,000
Loudoun County Virginia 1 $ 240,000 $ 240,000 $ 0
Pulaski County Virginia 1 $ 313,000 $ 313,000 $ 73,000
Westmoreland County Virginia 1 $ 128,000 $ 128,000 $ 33,000

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 Ovm Financial, Inc. 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 1,893 $377,524,000 $199,000 $611,000 $71,000 $395,000
Refinancing 334 $70,631,000 $211,000 $552,000 $62,000 $525,000
Home Improvement 0 $0 $0 $0 $0 $0

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 1,456 $300,435,000 $206,000 $611,000 $74,000 $525,000
Black or African American 524 $99,253,000 $189,000 $513,000 $61,000 $359,000
Hispanic 134 $26,041,000 $194,000 $433,000 $60,000 $223,000
Not Provided 56 $10,820,000 $193,000 $467,000 $75,000 $230,000
Asian 42 $8,762,000 $208,000 $380,000 $60,000 $182,000
Native Hawaiian or Other Pacific Islander 11 $2,204,000 $200,000 $362,000 $63,000 $126,000
American Indian or Alaskan Native 4 $640,000 $160,000 $249,000 $60,000 $110,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
VA-guaranteed (Veterans Administration) 949 $220,344,000 $232,000 $569,000 $69,000 $346,000
FHA-insured (Federal Housing Administration) 692 $129,113,000 $186,000 $467,000 $54,000 $253,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 533 $90,431,000 $169,000 $611,000 $92,000 $525,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 53 $8,267,000 $155,000 $290,000 $49,000 $87,000

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 1,972 $400,131,000 $202,000 $569,000 $70,000 $525,000
Application Withdrawn By Applicant 161 $30,835,000 $191,000 $611,000 $68,000 $412,000
Preapproval Denied by Financial Institution 53 $10,397,000 $196,000 $467,000 $68,000 $183,000
Application Denied By Financial Institution 33 $5,656,000 $171,000 $373,000 $61,000 $176,000
File Closed For Incompleteness 5 $736,000 $147,000 $339,000 $148,000 $335,000
Preapproval Approved but not Accepted 2 $245,000 $122,000 $194,000 $82,000 $94,000
Application Approved But Not Accepted 1 $155,000 $155,000 $155,000 $0 $0
Loan Purchased By The 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 25 $4,629,000 $185,000 $422,000 $60,000 $140,000
Debt-To-Income Ratio 25 $5,045,000 $201,000 $408,000 $65,000 $134,000
Collateral 11 $1,957,000 $177,000 $250,000 $62,000 $111,000
Other 10 $1,916,000 $191,000 $362,000 $88,000 $177,000
Employment History 8 $1,244,000 $155,000 $345,000 $57,000 $183,000
Insufficient Cash (Downpayment, Closing Cost) 5 $617,000 $123,000 $186,000 $50,000 $99,000
Unverifiable Information 2 $645,000 $322,000 $467,000 $115,000 $162,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

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.

Download the Virginia Lender List