Potomac Mortgage Group Inc
Mortgage Loan Application
Totals and Details
for 2012
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 Potomac Mortgage Group 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 | Potomac Mortgage Group Inc 4035 Ridge Top Road, #100 Fairfax, VA 22030 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2013 2012 2011 2010 |
| Total Number of Mortgage Applications | 2,389 |
| Total Mortgage Loan Application Amount | $935,891,000 |
| Average Mortgage Loan Application Amount | $368,666 |
| Highest Mortgage Loan Application Amount | $2,000,000 |
| Average Applicant Income | $148,000 |
| Highest Applicant Income | $4,398,000 |
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 |
|---|---|---|---|---|
| Fairfax County Virginia | 841 | $ 333,316,000 | $ 396,000 | $ 169,000 |
| Loudoun County Virginia | 359 | $ 136,407,000 | $ 379,000 | $ 149,000 |
| District of Columbia County District Of Columbia | 304 | $ 133,024,000 | $ 437,000 | $ 156,000 |
| Arlington County Virginia | 210 | $ 93,895,000 | $ 447,000 | $ 180,000 |
| Prince William County Virginia | 178 | $ 64,998,000 | $ 365,000 | $ 123,000 |
| Alexandria County Virginia | 124 | $ 54,881,000 | $ 442,000 | $ 180,000 |
| Montgomery County Maryland | 81 | $ 32,641,000 | $ 402,000 | $ 203,000 |
| Stafford County Virginia | 52 | $ 14,218,000 | $ 273,000 | $ 87,000 |
| Fairfax City County Virginia | 27 | $ 9,502,000 | $ 351,000 | $ 123,000 |
| Frederick County Virginia | 23 | $ 5,834,000 | $ 253,000 | $ 96,000 |
| Fauquier County Virginia | 22 | $ 8,725,000 | $ 396,000 | $ 121,000 |
| Prince George's County Maryland | 18 | $ 5,132,000 | $ 285,000 | $ 112,000 |
| Falls Church County Virginia | 17 | $ 7,446,000 | $ 438,000 | $ 166,000 |
| Sussex County Delaware | 12 | $ 3,226,000 | $ 268,000 | $ 271,000 |
| Anne Arundel County Maryland | 11 | $ 4,518,000 | $ 410,000 | $ 513,000 |
| Manassas County Virginia | 11 | $ 1,897,000 | $ 172,000 | $ 94,000 |
| Spotsylvania County Virginia | 10 | $ 3,903,000 | $ 390,000 | $ 186,000 |
| Westmoreland County Virginia | 7 | $ 1,626,000 | $ 232,000 | $ 164,000 |
| Baltimore County Maryland | 5 | $ 1,444,000 | $ 288,000 | $ 232,000 |
| Culpeper County Virginia | 5 | $ 950,000 | $ 190,000 | $ 142,000 |
| Clarke County Virginia | 4 | $ 916,000 | $ 229,000 | $ 316,000 |
| Henrico County Virginia | 4 | $ 1,039,000 | $ 259,000 | $ 161,000 |
| Nelson County Virginia | 4 | $ 901,000 | $ 225,000 | $ 286,000 |
| Charles County Maryland | 3 | $ 627,000 | $ 209,000 | $ 82,000 |
| James City County Virginia | 3 | $ 843,000 | $ 281,000 | $ 73,000 |
| Louisa County Virginia | 3 | $ 663,000 | $ 221,000 | $ 155,000 |
| Northumberland County Virginia | 3 | $ 1,439,000 | $ 479,000 | $ 81,000 |
| Calvert County Maryland | 2 | $ 797,000 | $ 398,000 | $ 104,000 |
| Carroll County Maryland | 2 | $ 491,000 | $ 245,000 | $ 232,000 |
| Howard County Maryland | 2 | $ 638,000 | $ 319,000 | $ 94,000 |
| Charlottesville County Virginia | 2 | $ 390,000 | $ 195,000 | $ 136,000 |
| Franklin County Virginia | 2 | $ 834,000 | $ 417,000 | $ 192,000 |
| Greene County Virginia | 2 | $ 283,000 | $ 141,000 | $ 58,000 |
| King George County Virginia | 2 | $ 761,000 | $ 380,000 | $ 128,000 |
| Montgomery County Virginia | 2 | $ 423,000 | $ 211,000 | $ 102,000 |
| Rappahannock County Virginia | 2 | $ 435,000 | $ 217,000 | $ 128,000 |
| Richmond City County Virginia | 2 | $ 278,000 | $ 139,000 | $ 96,000 |
| Rockingham County Virginia | 2 | $ 494,000 | $ 247,000 | $ 262,000 |
| Warren County Virginia | 2 | $ 657,000 | $ 328,000 | $ 137,000 |
| Harrison County West Virginia | 2 | $ 381,000 | $ 190,000 | $ 133,000 |
| Dorchester County Maryland | 1 | $ 400,000 | $ 400,000 | $ 538,000 |
| Frederick County Maryland | 1 | $ 379,000 | $ 379,000 | $ 398,000 |
| Garrett County Maryland | 1 | $ 300,000 | $ 300,000 | $ 467,000 |
| St. Mary's County Maryland | 1 | $ 220,000 | $ 220,000 | $ 34,000 |
| Worcester County Maryland | 1 | $ 221,000 | $ 221,000 | $ 773,000 |
| Albemarle County Virginia | 1 | $ 161,000 | $ 161,000 | $ 49,000 |
| Botetourt County Virginia | 1 | $ 320,000 | $ 320,000 | $ 300,000 |
| Campbell County Virginia | 1 | $ 97,000 | $ 97,000 | $ 116,000 |
| Chesapeake County Virginia | 1 | $ 270,000 | $ 270,000 | $ 98,000 |
| Chesterfield County Virginia | 1 | $ 101,000 | $ 101,000 | $ 46,000 |
| Fluvanna County Virginia | 1 | $ 362,000 | $ 362,000 | $ 149,000 |
| Goochland County Virginia | 1 | $ 417,000 | $ 417,000 | $ 159,000 |
| Hanover County Virginia | 1 | $ 259,000 | $ 259,000 | $ 117,000 |
| Manassas Park County Virginia | 1 | $ 180,000 | $ 180,000 | $ 73,000 |
| Newport News County Virginia | 1 | $ 148,000 | $ 148,000 | $ 39,000 |
| Page County Virginia | 1 | $ 247,000 | $ 247,000 | $ 277,000 |
| Shenandoah County Virginia | 1 | $ 153,000 | $ 153,000 | $ 110,000 |
| Virginia Beach County Virginia | 1 | $ 170,000 | $ 170,000 | $ 157,000 |
| York County Virginia | 1 | $ 179,000 | $ 179,000 | $ 102,000 |
| Jefferson County West Virginia | 1 | $ 133,000 | $ 133,000 | $ 56,000 |
| Monongalia County West Virginia | 1 | $ 101,000 | $ 101,000 | $ 314,000 |
| Upshur County West Virginia | 1 | $ 200,000 | $ 200,000 | $ 304,000 |
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 Potomac Mortgage Group Inc in 2012
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 |
|---|---|---|---|---|---|---|
| Refinancing | 1,218 | $459,649,000 | $377,000 | $2,000,000 | $164,000 | $2,963,000 |
| Home Purchase | 1,169 | $475,596,000 | $406,000 | $1,642,000 | $160,000 | $4,398,000 |
| Home Improvement | 2 | $646,000 | $323,000 | $327,000 | $120,000 | $122,000 |
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 | 1,689 | $667,337,000 | $395,000 | $1,642,000 | $163,000 | $4,398,000 |
| Not Provided | 347 | $139,434,000 | $401,000 | $2,000,000 | $179,000 | $2,014,000 |
| Asian | 171 | $64,578,000 | $377,000 | $1,113,000 | $152,000 | $552,000 |
| Hispanic | 88 | $30,393,000 | $345,000 | $626,000 | $108,000 | $314,000 |
| Black or African American | 82 | $30,367,000 | $370,000 | $824,000 | $143,000 | $2,031,000 |
| American Indian or Alaskan Native | 7 | $2,666,000 | $380,000 | $526,000 | $88,000 | $149,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $1,116,000 | $223,000 | $263,000 | $109,000 | $130,000 |
| 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 |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,837 | $695,697,000 | $378,000 | $2,000,000 | $176,000 | $4,398,000 |
| FHA-insured (Federal Housing Administration) | 283 | $111,930,000 | $395,000 | $743,000 | $121,000 | $1,272,000 |
| VA-guaranteed (Veterans Administration) | 269 | $128,264,000 | $476,000 | $1,263,000 | $104,000 | $378,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 2,027 | $785,977,000 | $387,000 | $2,000,000 | $157,000 | $2,347,000 |
| Application Withdrawn By Applicant | 270 | $116,784,000 | $432,000 | $1,263,000 | $187,000 | $2,963,000 |
| Application Denied By Financial Institution | 58 | $20,368,000 | $351,000 | $1,000,000 | $215,000 | $4,398,000 |
| Application Approved But Not Accepted | 34 | $12,762,000 | $375,000 | $600,000 | $126,000 | $297,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 16 | $4,126,000 | $257,000 | $600,000 | $169,000 | $454,000 |
| Debt-To-Income Ratio | 14 | $3,934,000 | $281,000 | $486,000 | $80,000 | $206,000 |
| Other | 10 | $4,096,000 | $409,000 | $626,000 | $154,000 | $258,000 |
| Credit History | 5 | $2,252,000 | $450,000 | $625,000 | $133,000 | $219,000 |
| Unverifiable Information | 4 | $1,309,000 | $327,000 | $600,000 | $103,000 | $136,000 |
| Employment History | 4 | $2,358,000 | $589,000 | $1,000,000 | $203,000 | $550,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $968,000 | $968,000 | $968,000 | $4,398,000 | $4,398,000 |
| Credit Application Incomplete | 1 | $615,000 | $615,000 | $615,000 | $273,000 | $273,000 |
| 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.