Resource Bank Mortgage Lending & HMDA Data, 2003

In 2003, Resource Bank of Virginia Beach, VA reported 10,633 mortgage applications totaling $1.4 billion. The average application was for $134,472, and applicants reported an average income of $64,312. 74% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Norfolk-Virginia Beach-Newport News, VA-NC (4,347), Richmond-Petersburg, VA (1,026) and Baltimore, MD (242) (applications in parentheses).

Mortgage Company & Address Resource Bank
4429 Bonney Road
Virginia Beach, VA 23462
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 10,633
Total Mortgage Loan Application Amount $1,429,842,000
Average Mortgage Loan Application Amount $134,472
Highest Mortgage Loan Application Amount $2,400,000
Average Applicant Income $64,312
Highest Applicant Income $1,296,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Resource Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Resource Bank by County in 2003

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Virginia Beach, Virginia 1,860 $ 303,120,000 $ 162,967 $ 54,000
Chesapeake, Virginia 660 $ 98,957,000 $ 149,934 $ 57,000
Newport News, Virginia 405 $ 49,015,000 $ 121,024 $ 55,000
Montgomery, Maryland 399 $ 63,875,000 $ 160,087 $ 96,000
Norfolk, Virginia 397 $ 51,751,000 $ 130,355 $ 50,000
Henrico, Virginia 391 $ 59,169,000 $ 151,327 $ 60,000
Prince George's, Maryland 326 $ 38,787,000 $ 118,978 $ 74,000
Hampton, Virginia 273 $ 32,727,000 $ 119,879 $ 61,000
Chesterfield, Virginia 265 $ 39,116,000 $ 147,607 $ 60,000
Fairfax, Virginia 221 $ 37,424,000 $ 169,339 $ 82,000
Richmond City, Virginia 214 $ 30,893,000 $ 144,359 $ 59,000
York, Virginia 207 $ 36,519,000 $ 176,420 $ 72,000
Mecklenburg, North Carolina 182 $ 13,168,000 $ 72,351 $ 69,000
Prince William, Virginia 166 $ 25,663,000 $ 154,596 $ 84,000
Portsmouth, Virginia 158 $ 16,150,000 $ 102,215 $ 46,000
James City, Virginia 122 $ 24,541,000 $ 201,155 $ 72,000
Suffolk, Virginia 118 $ 18,612,000 $ 157,728 $ 56,000
Broward, Florida 111 $ 13,513,000 $ 121,738 $ 71,000
Clay, Florida 109 $ 13,132,000 $ 120,477 $ 56,000
Wayne, Michigan 100 $ 6,538,000 $ 65,380 $ 54,000
Miami-Dade, Florida 87 $ 12,906,000 $ 148,344 $ 75,000
Anne Arundel, Maryland 85 $ 14,155,000 $ 166,529 $ 85,000
Duval, Florida 83 $ 8,816,000 $ 106,216 $ 56,000
Hamilton, Ohio 81 $ 6,513,000 $ 80,407 $ 79,000
Hanover, Virginia 76 $ 12,125,000 $ 159,539 $ 58,000
Loudoun, Virginia 74 $ 15,045,000 $ 203,310 $ 131,000
Howard, Maryland 66 $ 13,024,000 $ 197,333 $ 90,000
Charles, Maryland 62 $ 9,864,000 $ 159,096 $ 42,000
Palm Beach, Florida 60 $ 7,861,000 $ 131,016 $ 55,000
Roanoke City, Virginia 54 $ 3,419,000 $ 63,314 $ 52,000
Isle of Wight, Virginia 49 $ 9,552,000 $ 194,938 $ 55,000
Stafford, Virginia 48 $ 7,823,000 $ 162,979 $ 84,000
Dare, North Carolina 45 $ 10,058,000 $ 223,511 $ 97,000
Montgomery, Ohio 44 $ 2,348,000 $ 53,363 $ 66,000
Baltimore, Maryland 41 $ 5,351,000 $ 130,512 $ 89,000
Gloucester, Virginia 41 $ 5,939,000 $ 144,853 $ 120,000
Forsyth, North Carolina 38 $ 4,844,000 $ 127,473 $ 55,000
Poquoson, Virginia 38 $ 6,350,000 $ 167,105 $ 64,000
Frederick, Maryland 36 $ 6,010,000 $ 166,944 $ 97,000
Currituck, North Carolina 35 $ 6,132,000 $ 175,200 $ 98,000
Franklin, Ohio 32 $ 1,751,000 $ 54,718 $ 58,000
Summit, Ohio 32 $ 1,777,000 $ 55,531 $ 53,000
Allegheny, Pennsylvania 28 $ 2,520,000 $ 90,000 $ 45,000
Knox, Tennessee 27 $ 2,224,000 $ 82,370 $ 51,000
Monroe, Pennsylvania 26 $ 1,618,000 $ 62,230 $ 49,000
Hillsborough, Florida 25 $ 1,993,000 $ 79,720 $ 52,000
Wake, North Carolina 24 $ 3,077,000 $ 128,208 $ 59,000
Travis, Texas 24 $ 2,157,000 $ 89,875 $ 17,000
Pittsylvania, Virginia 24 $ 1,833,000 $ 76,375 $ 38,000
Orange, Florida 23 $ 2,159,000 $ 93,869 $ 61,000
Cuyahoga, Ohio 23 $ 1,821,000 $ 79,173 $ 61,000
Roanoke, Virginia 23 $ 2,115,000 $ 91,956 $ 53,000
Spotsylvania, Virginia 23 $ 3,173,000 $ 137,956 $ 72,000
Baltimore City, Maryland 22 $ 2,325,000 $ 105,681 $ 59,000
Northampton, Pennsylvania 21 $ 1,180,000 $ 56,190 $ 64,000
Shelby, Tennessee 21 $ 1,662,000 $ 79,142 $ 66,000
Alexandria, Virginia 21 $ 2,318,000 $ 110,380 $ 63,000
Jefferson, Kentucky 20 $ 1,313,000 $ 65,650 $ 58,000
Oakland, Michigan 20 $ 2,213,000 $ 110,650 $ 89,000
Dallas, Texas 20 $ 2,371,000 $ 118,550 $ 55,000
Manassas, Virginia 20 $ 2,167,000 $ 108,350 $ 48,000
Pinellas, Florida 19 $ 1,166,000 $ 61,368 $ 69,000
Richland, South Carolina 19 $ 1,047,000 $ 55,105 $ 48,000
Arlington, Virginia 19 $ 3,153,000 $ 165,947 $ 69,000
Kent, Michigan 18 $ 2,088,000 $ 116,000 $ 55,000
Luzerne, Pennsylvania 18 $ 1,543,000 $ 85,722 $ 45,000
Williamsburg, Virginia 18 $ 2,775,000 $ 154,166 $ 95,000
Ingham, Michigan 17 $ 1,537,000 $ 90,411 $ 51,000
Hennepin, Minnesota 17 $ 2,303,000 $ 135,470 $ 93,000
Lucas, Ohio 17 $ 1,454,000 $ 85,529 $ 53,000
Philadelphia, Pennsylvania 17 $ 1,155,000 $ 67,941 $ 67,000
Calvert, Maryland 16 $ 2,513,000 $ 157,062 $ 75,000
St. Mary's, Maryland 16 $ 2,868,000 $ 179,250 $ 89,000
Gaston, North Carolina 15 $ 706,000 $ 47,066 $ 73,000
Pasquotank, North Carolina 15 $ 1,573,000 $ 104,866 $ 43,000
Butler, Ohio 15 $ 1,314,000 $ 87,600 $ 48,000
Montgomery, Pennsylvania 15 $ 2,397,000 $ 159,800 $ 118,000
New Kent, Virginia 15 $ 1,840,000 $ 122,666 $ 39,000
Pasco, Florida 14 $ 1,487,000 $ 106,214 $ 60,000
Cabarrus, North Carolina 14 $ 1,275,000 $ 91,071 $ 118,000
York, Pennsylvania 14 $ 854,000 $ 61,000 $ 48,000
Leon, Florida 13 $ 890,000 $ 68,461 $ 56,000
Carroll, Maryland 13 $ 1,829,000 $ 140,692 $ 104,000
Macomb, Michigan 13 $ 1,168,000 $ 89,846 $ 100,000
Jackson, Missouri 13 $ 691,000 $ 53,153 $ 54,000
Union, North Carolina 13 $ 1,200,000 $ 92,307 $ 66,000
Lorain, Ohio 13 $ 1,252,000 $ 96,307 $ 77,000
Danville, Virginia 13 $ 915,000 $ 70,384 $ 45,000
Lynchburg, Virginia 13 $ 925,000 $ 71,153 $ 75,000
Riverside, California 12 $ 1,674,000 $ 139,500 $ 58,000
Escambia, Florida 12 $ 897,000 $ 74,750 $ 78,000
Sedgwick, Kansas 12 $ 630,000 $ 52,500 $ 65,000
Harford, Maryland 12 $ 1,688,000 $ 140,666 $ 80,000
Berrien, Michigan 12 $ 1,230,000 $ 102,500 $ 57,000
St. Francois, Missouri 12 $ 798,000 $ 66,500 $ 46,000
Augusta, Virginia 12 $ 1,348,000 $ 112,333 $ 40,000
Goochland, Virginia 12 $ 1,929,000 $ 160,750 $ 66,000
Powhatan, Virginia 12 $ 2,135,000 $ 177,916 $ 80,000
Washington, Arkansas 11 $ 833,000 $ 75,727 $ 36,000
Los Angeles, California 11 $ 1,288,000 $ 117,090 $ 36,000
Fairfield, Connecticut 11 $ 2,205,000 $ 200,454 $ 36,000
Hartford, Connecticut 11 $ 1,055,000 $ 95,909 $ 27,000
New Castle, Delaware 11 $ 1,750,000 $ 159,090 $ 73,000
St. Lucie, Florida 11 $ 1,142,000 $ 103,818 $ 109,000
Cook, Illinois 11 $ 1,131,000 $ 102,818 $ 33,000
Ramsey, Minnesota 11 $ 1,231,000 $ 111,909 $ 54,000
Craven, North Carolina 11 $ 867,000 $ 78,818 $ 86,000
Horry, South Carolina 11 $ 1,456,000 $ 132,363 $ 117,000
Davidson, Tennessee 11 $ 1,232,000 $ 112,000 $ 37,000
Harris, Texas 11 $ 1,048,000 $ 95,272 $ 38,000
Botetourt, Virginia 11 $ 801,000 $ 72,818 $ 65,000
Franklin, Virginia 11 $ 1,180,000 $ 107,272 $ 50,000
Northampton, Virginia 11 $ 1,805,000 $ 164,090 $ 62,000
Salem, Virginia 11 $ 669,000 $ 60,818 $ 31,000
Maricopa, Arizona 10 $ 1,001,000 $ 100,100 $ 12,000
Polk, Florida 10 $ 876,000 $ 87,600 $ 63,000
Seminole, Florida 10 $ 1,345,000 $ 134,500 $ 78,000
Talbot, Maryland 10 $ 816,000 $ 81,600 $ 156,000
Scott, Minnesota 10 $ 2,440,000 $ 244,000 $ 182,000
Davidson, North Carolina 10 $ 1,190,000 $ 119,000 $ 46,000
Greene, Ohio 10 $ 678,000 $ 67,800 $ 60,000
Bucks, Pennsylvania 10 $ 1,717,000 $ 171,700 $ 103,000
Caroline, Virginia 10 $ 882,000 $ 88,200 $ 36,000
Colonial Heights, Virginia 10 $ 768,000 $ 76,800 $ 82,000
Petersburg, Virginia 10 $ 545,000 $ 54,500 $ 27,000
Volusia, Florida 9 $ 795,000 $ 88,333 $ 51,000
Will, Illinois 9 $ 678,000 $ 75,333 $ 106,000
Marion, Indiana 9 $ 522,000 $ 58,000 $ 39,000
St. Louis City, Missouri 9 $ 573,000 $ 63,666 $ 9,000
Blair, Pennsylvania 9 $ 609,000 $ 67,666 $ 46,000
Erie, Pennsylvania 9 $ 851,000 $ 94,555 $ 84,000
Bedford, Virginia 9 $ 868,000 $ 96,444 $ 63,000
Hopewell, Virginia 9 $ 494,000 $ 54,888 $ 39,000
Middlesex, Virginia 9 $ 1,513,000 $ 168,111 $ 131,000
Westmoreland, Virginia 9 $ 931,000 $ 103,444 $ 85,000
Brevard, Florida 8 $ 935,000 $ 116,875 $ 58,000
Fayette, Kentucky 8 $ 937,000 $ 117,125 $ 60,000
Worcester, Maryland 8 $ 728,000 $ 91,000 $ 116,000
Calhoun, Michigan 8 $ 349,000 $ 43,625 $ 48,000
New Hanover, North Carolina 8 $ 1,052,000 $ 131,500 $ 21,000
Clark, Ohio 8 $ 359,000 $ 44,875 $ 31,000
Fairfield, Ohio 8 $ 1,023,000 $ 127,875 $ 88,000
Licking, Ohio 8 $ 1,028,000 $ 128,500 $ 122,000
Stark, Ohio 8 $ 625,000 $ 78,125 $ 66,000
Blount, Tennessee 8 $ 869,000 $ 108,625 $ 46,000
Charlottesville, Virginia 8 $ 1,051,000 $ 131,375 $ 81,000
Louisa, Virginia 8 $ 792,000 $ 99,000 $ 64,000
Berkeley, West Virginia 8 $ 1,099,000 $ 137,375 $ 46,000
New Haven, Connecticut 7 $ 528,000 $ 75,428 $ 30,000
Osceola, Florida 7 $ 673,000 $ 96,142 $ 46,000
Grand Traverse, Michigan 7 $ 995,000 $ 142,142 $ 48,000
Van Buren, Michigan 7 $ 777,000 $ 111,000 $ 50,000
Washtenaw, Michigan 7 $ 1,101,000 $ 157,285 $ 79,000
Greene, Missouri 7 $ 393,000 $ 56,142 $ 66,000
Delaware, Ohio 7 $ 979,000 $ 139,857 $ 193,000
Washington, Pennsylvania 7 $ 734,000 $ 104,857 $ 26,000
Greenville, South Carolina 7 $ 832,000 $ 118,857 $ 49,000
Spartanburg, South Carolina 7 $ 508,000 $ 72,571 $ 60,000
Amherst, Virginia 7 $ 797,000 $ 113,857 $ 43,000
Culpeper, Virginia 7 $ 1,158,000 $ 165,428 $ 51,000
Henry, Virginia 7 $ 335,000 $ 47,857 $ 35,000
Lancaster, Virginia 7 $ 2,408,000 $ 344,000 $ 291,000
Milwaukee, Wisconsin 7 $ 773,000 $ 110,428 $ 49,000
Denver, Colorado 6 $ 668,000 $ 111,333 $ 34,000
Fulton, Georgia 6 $ 772,000 $ 128,666 $ 121,000
Canyon, Idaho 6 $ 351,000 $ 58,500 $ 0
Washington, Maryland 6 $ 519,000 $ 86,500 $ 53,000
Worcester, Massachusetts 6 $ 674,000 $ 112,333 $ 0
Eaton, Michigan 6 $ 785,000 $ 130,833 $ 48,000
Genesee, Michigan 6 $ 377,000 $ 62,833 $ 78,000
Dakota, Minnesota 6 $ 680,000 $ 113,333 $ 74,000
St. Louis, Missouri 6 $ 419,000 $ 69,833 $ 56,000
Durham, North Carolina 6 $ 430,000 $ 71,666 $ 68,000
Stokes, North Carolina 6 $ 620,000 $ 103,333 $ 44,000
Warren, Ohio 6 $ 692,000 $ 115,333 $ 74,000
Oklahoma, Oklahoma 6 $ 574,000 $ 95,666 $ 134,000
Marion, Oregon 6 $ 768,000 $ 128,000 $ 138,000
Berks, Pennsylvania 6 $ 698,000 $ 116,333 $ 67,000
Lehigh, Pennsylvania 6 $ 248,000 $ 41,333 $ 67,000
Charleston, South Carolina 6 $ 550,000 $ 91,666 $ 88,000
York, South Carolina 6 $ 897,000 $ 149,500 $ 94,000
Sevier, Tennessee 6 $ 677,000 $ 112,833 $ 49,000
Webb, Texas 6 $ 435,000 $ 72,500 $ 46,000
Fluvanna, Virginia 6 $ 556,000 $ 92,666 $ 46,000
Fredericksburg, Virginia 6 $ 571,000 $ 95,166 $ 60,000
Surry, Virginia 6 $ 788,000 $ 131,333 $ 48,000
Pima, Arizona 5 $ 287,000 $ 57,400 $ 23,000
Arapahoe, Colorado 5 $ 988,000 $ 197,600 $ 24,000
District of Columbia, District Of Columbia 5 $ 2,766,000 $ 553,200 $ 94,000
Charlotte, Florida 5 $ 359,000 $ 71,800 $ 43,000
Gadsden, Florida 5 $ 477,000 $ 95,400 $ 40,000
Martin, Florida 5 $ 931,000 $ 186,200 $ 72,000
St. Johns, Florida 5 $ 904,000 $ 180,800 $ 81,000
Elkhart, Indiana 5 $ 518,000 $ 103,600 $ 68,000
Steuben, Indiana 5 $ 553,000 $ 110,600 $ 78,000
Hardin, Kentucky 5 $ 342,000 $ 68,400 $ 43,000
East Baton Rouge, Louisiana 5 $ 898,000 $ 179,600 $ 110,000
Clinton, Michigan 5 $ 611,000 $ 122,200 $ 68,000
Ottawa, Michigan 5 $ 806,000 $ 161,200 $ 73,000
Anoka, Minnesota 5 $ 405,000 $ 81,000 $ 74,000
Clay, Missouri 5 $ 540,000 $ 108,000 $ 71,000
St. Charles, Missouri 5 $ 741,000 $ 148,200 $ 67,000
Gage, Nebraska 5 $ 260,000 $ 52,000 $ 52,000
Burke, North Carolina 5 $ 227,000 $ 45,400 $ 114,000
Camden, North Carolina 5 $ 421,000 $ 84,200 $ 28,000
Cumberland, North Carolina 5 $ 268,000 $ 53,600 $ 43,000
Guilford, North Carolina 5 $ 343,000 $ 68,600 $ 40,000
Johnston, North Carolina 5 $ 610,000 $ 122,000 $ 77,000
Lincoln, North Carolina 5 $ 516,000 $ 103,200 $ 95,000
Onslow, North Carolina 5 $ 440,000 $ 88,000 $ 76,000
Clermont, Ohio 5 $ 712,000 $ 142,400 $ 67,000
Jefferson, Ohio 5 $ 330,000 $ 66,000 $ 46,000
Beaver, Pennsylvania 5 $ 373,000 $ 74,600 $ 34,000
Butler, Pennsylvania 5 $ 534,000 $ 106,800 $ 65,000
Centre, Pennsylvania 5 $ 565,000 $ 113,000 $ 39,000
Lexington, South Carolina 5 $ 432,000 $ 86,400 $ 63,000
Montgomery, Tennessee 5 $ 246,000 $ 49,200 $ 0
Collin, Texas 5 $ 307,000 $ 61,400 $ 0
Tarrant, Texas 5 $ 478,000 $ 95,600 $ 57,000
Dinwiddie, Virginia 5 $ 713,000 $ 142,600 $ 52,000
Frederick, Virginia 5 $ 589,000 $ 117,800 $ 58,000
Greene, Virginia 5 $ 681,000 $ 136,200 $ 46,000
King William, Virginia 5 $ 602,000 $ 120,400 $ 41,000
Lunenburg, Virginia 5 $ 304,000 $ 60,800 $ 39,000
Manassas Park, Virginia 5 $ 545,000 $ 109,000 $ 71,000
Montgomery, Virginia 5 $ 480,000 $ 96,000 $ 110,000
Prince George, Virginia 5 $ 728,000 $ 145,600 $ 68,000
Rockingham, Virginia 5 $ 798,000 $ 159,600 $ 83,000
Staunton, Virginia 5 $ 313,000 $ 62,600 $ 58,000
Sebastian, Arkansas 4 $ 355,000 $ 88,750 $ 30,000
Sacramento, California 4 $ 830,000 $ 207,500 $ 133,000
Mesa, Colorado 4 $ 277,000 $ 69,250 $ 0
Alachua, Florida 4 $ 344,000 $ 86,000 $ 53,000
Clayton, Georgia 4 $ 810,000 $ 202,500 $ 0
St. Clair, Illinois 4 $ 198,000 $ 49,500 $ 51,000
Clark, Indiana 4 $ 262,000 $ 65,500 $ 25,000
Lake, Indiana 4 $ 158,000 $ 39,500 $ 0
Madison, Kentucky 4 $ 323,000 $ 80,750 $ 65,000
Warren, Kentucky 4 $ 169,000 $ 42,250 $ 71,000
Ouachita, Louisiana 4 $ 387,000 $ 96,750 $ 56,000
Hampden, Massachusetts 4 $ 161,000 $ 40,250 $ 41,000
Lenawee, Michigan 4 $ 509,000 $ 127,250 $ 67,000
Sherburne, Minnesota 4 $ 434,000 $ 108,500 $ 60,000
Cass, Missouri 4 $ 375,000 $ 93,750 $ 54,000
Saratoga, New York 4 $ 933,000 $ 233,250 $ 103,000
Suffolk, New York 4 $ 702,000 $ 175,500 $ 27,000
Alamance, North Carolina 4 $ 319,000 $ 79,750 $ 43,000
Caswell, North Carolina 4 $ 230,000 $ 57,500 $ 52,000
Davie, North Carolina 4 $ 501,000 $ 125,250 $ 50,000
Harnett, North Carolina 4 $ 360,000 $ 90,000 $ 80,000
Lee, North Carolina 4 $ 329,000 $ 82,250 $ 32,000
Orange, North Carolina 4 $ 501,000 $ 125,250 $ 82,000
Person, North Carolina 4 $ 422,000 $ 105,500 $ 85,000
Pitt, North Carolina 4 $ 388,000 $ 97,000 $ 44,000
Belmont, Ohio 4 $ 271,000 $ 67,750 $ 41,000
Fayette, Ohio 4 $ 169,000 $ 42,250 $ 67,000
Guernsey, Ohio 4 $ 228,000 $ 57,000 $ 46,000
Mahoning, Ohio 4 $ 132,000 $ 33,000 $ 38,000
Richland, Ohio 4 $ 364,000 $ 91,000 $ 29,000
Wood, Ohio 4 $ 433,000 $ 108,250 $ 58,000
Tulsa, Oklahoma 4 $ 326,000 $ 81,500 $ 58,000
Lackawanna, Pennsylvania 4 $ 262,000 $ 65,500 $ 66,000
Lycoming, Pennsylvania 4 $ 140,000 $ 35,000 $ 54,000
Mercer, Pennsylvania 4 $ 163,000 $ 40,750 $ 21,000
Georgetown, South Carolina 4 $ 310,000 $ 77,500 $ 53,000
Greenwood, South Carolina 4 $ 215,000 $ 53,750 $ 36,000
Hamilton, Tennessee 4 $ 558,000 $ 139,500 $ 109,000
Sequatchie, Tennessee 4 $ 156,000 $ 39,000 $ 36,000
Washington, Tennessee 4 $ 528,000 $ 132,000 $ 55,000
Albemarle, Virginia 4 $ 515,000 $ 128,750 $ 61,000
Amelia, Virginia 4 $ 406,000 $ 101,500 $ 75,000
Fairfax City, Virginia 4 $ 850,000 $ 212,500 $ 94,000
Fauquier, Virginia 4 $ 834,000 $ 208,500 $ 101,000
Mecklenburg, Virginia 4 $ 678,000 $ 169,500 $ 94,000
Nelson, Virginia 4 $ 456,000 $ 114,000 $ 71,000
Northumberland, Virginia 4 $ 1,096,000 $ 274,000 $ 215,000
Shenandoah, Virginia 4 $ 180,000 $ 45,000 $ 77,000
Southampton, Virginia 4 $ 611,000 $ 152,750 $ 57,000
Raleigh, West Virginia 4 $ 221,000 $ 55,250 $ 33,000
Benton, Arkansas 3 $ 219,000 $ 73,000 $ 84,000
San Diego, California 3 $ 658,000 $ 219,333 $ 54,000
El Paso, Colorado 3 $ 327,000 $ 109,000 $ 62,000
Sussex, Delaware 3 $ 854,000 $ 284,666 $ 172,000
Highlands, Florida 3 $ 259,000 $ 86,333 $ 47,000
Lake, Florida 3 $ 466,000 $ 155,333 $ 47,000
Lee, Florida 3 $ 540,000 $ 180,000 $ 119,000
Manatee, Florida 3 $ 368,000 $ 122,666 $ 41,000
Monroe, Florida 3 $ 953,000 $ 317,666 $ 133,000
Sarasota, Florida 3 $ 207,000 $ 69,000 $ 29,000
DeKalb, Georgia 3 $ 290,000 $ 96,666 $ 48,000
Floyd, Indiana 3 $ 236,000 $ 78,666 $ 62,000
Miami, Indiana 3 $ 160,000 $ 53,333 $ 49,000
Polk, Iowa 3 $ 186,000 $ 62,000 $ 60,000
Wyandotte, Kansas 3 $ 204,000 $ 68,000 $ 28,000
Kenton, Kentucky 3 $ 313,000 $ 104,333 $ 40,000
Orleans, Louisiana 3 $ 146,000 $ 48,666 $ 64,000
St. Tammany, Louisiana 3 $ 285,000 $ 95,000 $ 60,000
Queen Anne's, Maryland 3 $ 676,000 $ 225,333 $ 93,000
Middlesex, Massachusetts 3 $ 787,000 $ 262,333 $ 71,000
Norfolk, Massachusetts 3 $ 496,000 $ 165,333 $ 0
Gratiot, Michigan 3 $ 393,000 $ 131,000 $ 55,000
Ionia, Michigan 3 $ 236,000 $ 78,666 $ 48,000
Iron, Michigan 3 $ 296,000 $ 98,666 $ 41,000
Jackson, Michigan 3 $ 300,000 $ 100,000 $ 76,000
Rice, Minnesota 3 $ 283,000 $ 94,333 $ 71,000
Douglas, Nebraska 3 $ 132,000 $ 44,000 $ 0
Westchester, New York 3 $ 621,000 $ 207,000 $ 53,000
Chowan, North Carolina 3 $ 233,000 $ 77,666 $ 85,000
Iredell, North Carolina 3 $ 290,000 $ 96,666 $ 75,000
Northampton, North Carolina 3 $ 251,000 $ 83,666 $ 54,000
Rowan, North Carolina 3 $ 299,000 $ 99,666 $ 82,000
Surry, North Carolina 3 $ 228,000 $ 76,000 $ 177,000
Columbiana, Ohio 3 $ 229,000 $ 76,333 $ 50,000
Fulton, Ohio 3 $ 230,000 $ 76,666 $ 49,000
Lawrence, Ohio 3 $ 305,000 $ 101,666 $ 56,000
Logan, Ohio 3 $ 335,000 $ 111,666 $ 101,000
Portage, Ohio 3 $ 155,000 $ 51,666 $ 73,000
Sandusky, Ohio 3 $ 121,000 $ 40,333 $ 32,000
Seneca, Ohio 3 $ 258,000 $ 86,000 $ 24,000
Trumbull, Ohio 3 $ 278,000 $ 92,666 $ 62,000
Tuscarawas, Ohio 3 $ 194,000 $ 64,666 $ 21,000
Chester, Pennsylvania 3 $ 841,000 $ 280,333 $ 189,000
Clarion, Pennsylvania 3 $ 198,000 $ 66,000 $ 48,000
Crawford, Pennsylvania 3 $ 192,000 $ 64,000 $ 43,000
Susquehanna, Pennsylvania 3 $ 143,000 $ 47,666 $ 50,000
Anderson, South Carolina 3 $ 177,000 $ 59,000 $ 26,000
Dorchester, South Carolina 3 $ 242,000 $ 80,666 $ 72,000
Marion, South Carolina 3 $ 104,000 $ 34,666 $ 23,000
Bradley, Tennessee 3 $ 137,000 $ 45,666 $ 17,000
Loudon, Tennessee 3 $ 289,000 $ 96,333 $ 33,000
Roane, Tennessee 3 $ 201,000 $ 67,000 $ 52,000
Union, Tennessee 3 $ 236,000 $ 78,666 $ 31,000
Bexar, Texas 3 $ 145,000 $ 48,333 $ 25,000
Bedford City, Virginia 3 $ 303,000 $ 101,000 $ 66,000
Carroll, Virginia 3 $ 312,000 $ 104,000 $ 53,000
Charles City, Virginia 3 $ 243,000 $ 81,000 $ 27,000
Halifax, Virginia 3 $ 95,000 $ 31,666 $ 51,000
King and Queen, Virginia 3 $ 364,000 $ 121,333 $ 57,000
Nottoway, Virginia 3 $ 180,000 $ 60,000 $ 34,000
Pulaski, Virginia 3 $ 272,000 $ 90,666 $ 90,000
Clark, Washington 3 $ 206,000 $ 68,666 $ 70,000
Braxton, West Virginia 3 $ 388,000 $ 129,333 $ 44,000
Cabell, West Virginia 3 $ 133,000 $ 44,333 $ 41,000
Pinal, Arizona 2 $ 130,000 $ 65,000 $ 0
Contra Costa, California 2 $ 414,000 $ 207,000 $ 0
Kern, California 2 $ 116,000 $ 58,000 $ 69,000
Kings, California 2 $ 190,000 $ 95,000 $ 71,000
Adams, Colorado 2 $ 164,000 $ 82,000 $ 0
Clear Creek, Colorado 2 $ 140,000 $ 70,000 $ 0
Jefferson, Colorado 2 $ 163,000 $ 81,500 $ 0
Montrose, Colorado 2 $ 131,000 $ 65,500 $ 46,000
Middlesex, Connecticut 2 $ 171,000 $ 85,500 $ 0
Calhoun, Florida 2 $ 63,000 $ 31,500 $ 40,000
Flagler, Florida 2 $ 637,000 $ 318,500 $ 100,000
Hernando, Florida 2 $ 225,000 $ 112,500 $ 54,000
Indian River, Florida 2 $ 104,000 $ 52,000 $ 0
Okaloosa, Florida 2 $ 145,000 $ 72,500 $ 27,000
Walton, Florida 2 $ 121,000 $ 60,500 $ 35,000
Henry, Georgia 2 $ 98,000 $ 49,000 $ 0
Kane, Illinois 2 $ 236,000 $ 118,000 $ 0
Fountain, Indiana 2 $ 70,000 $ 35,000 $ 0
Hamilton, Indiana 2 $ 198,000 $ 99,000 $ 74,000
Harrison, Indiana 2 $ 78,000 $ 39,000 $ 39,000
Johnson, Indiana 2 $ 135,000 $ 67,500 $ 0
Porter, Indiana 2 $ 95,000 $ 47,500 $ 32,000
Pulaski, Indiana 2 $ 69,000 $ 34,500 $ 35,000
Wayne, Indiana 2 $ 55,000 $ 27,500 $ 35,000
Geary, Kansas 2 $ 45,000 $ 22,500 $ 71,000
Saline, Kansas 2 $ 147,000 $ 73,500 $ 0
Allen, Kentucky 2 $ 86,000 $ 43,000 $ 28,000
Boone, Kentucky 2 $ 222,000 $ 111,000 $ 95,000
Graves, Kentucky 2 $ 300,000 $ 150,000 $ 70,000
Greenup, Kentucky 2 $ 113,000 $ 56,500 $ 31,000
Franklin, Louisiana 2 $ 122,000 $ 61,000 $ 26,000
Garrett, Maryland 2 $ 394,000 $ 197,000 $ 0
Wicomico, Maryland 2 $ 168,000 $ 84,000 $ 87,000
Alpena, Michigan 2 $ 145,000 $ 72,500 $ 69,000
Bay, Michigan 2 $ 93,000 $ 46,500 $ 0
Lake, Michigan 2 $ 225,000 $ 112,500 $ 56,000
Livingston, Michigan 2 $ 479,000 $ 239,500 $ 71,000
Mecosta, Michigan 2 $ 123,000 $ 61,500 $ 37,000
Newaygo, Michigan 2 $ 75,000 $ 37,500 $ 48,000
Otsego, Michigan 2 $ 155,000 $ 77,500 $ 73,000
Saginaw, Michigan 2 $ 151,000 $ 75,500 $ 40,000
Shiawassee, Michigan 2 $ 121,000 $ 60,500 $ 68,000
Tuscola, Michigan 2 $ 92,000 $ 46,000 $ 24,000
Carver, Minnesota 2 $ 260,000 $ 130,000 $ 40,000
Lyon, Minnesota 2 $ 113,000 $ 56,500 $ 103,000
Otter Tail, Minnesota 2 $ 281,000 $ 140,500 $ 95,000
St. Louis, Minnesota 2 $ 167,000 $ 83,500 $ 0
Todd, Minnesota 2 $ 66,000 $ 33,000 $ 33,000
Wabasha, Minnesota 2 $ 161,000 $ 80,500 $ 67,000
Washington, Minnesota 2 $ 120,000 $ 60,000 $ 60,000
Pike, Missouri 2 $ 303,000 $ 151,500 $ 83,000
Ripley, Missouri 2 $ 52,000 $ 26,000 $ 42,000
Washington, Missouri 2 $ 68,000 $ 34,000 $ 43,000
Wright, Missouri 2 $ 203,000 $ 101,500 $ 88,000
Bernalillo, New Mexico 2 $ 143,000 $ 71,500 $ 70,000
Kings, New York 2 $ 387,000 $ 193,500 $ 0
Nassau, New York 2 $ 356,000 $ 178,000 $ 0
Brunswick, North Carolina 2 $ 179,000 $ 89,500 $ 84,000
Buncombe, North Carolina 2 $ 488,000 $ 244,000 $ 88,000
Henderson, North Carolina 2 $ 160,000 $ 80,000 $ 0
Hyde, North Carolina 2 $ 315,000 $ 157,500 $ 180,000
Nash, North Carolina 2 $ 81,000 $ 40,500 $ 88,000
Perquimans, North Carolina 2 $ 228,000 $ 114,000 $ 68,000
Sampson, North Carolina 2 $ 114,000 $ 57,000 $ 54,000
Yadkin, North Carolina 2 $ 252,000 $ 126,000 $ 29,000
Champaign, Ohio 2 $ 248,000 $ 124,000 $ 66,000
Darke, Ohio 2 $ 121,000 $ 60,500 $ 40,000
Erie, Ohio 2 $ 235,000 $ 117,500 $ 93,000
Geauga, Ohio 2 $ 195,000 $ 97,500 $ 46,000
Henry, Ohio 2 $ 161,000 $ 80,500 $ 76,000
Jackson, Ohio 2 $ 204,000 $ 102,000 $ 48,000
Scioto, Ohio 2 $ 163,000 $ 81,500 $ 55,000
Le Flore, Oklahoma 2 $ 154,000 $ 77,000 $ 52,000
Pottawatomie, Oklahoma 2 $ 143,000 $ 71,500 $ 26,000
Rogers, Oklahoma 2 $ 93,000 $ 46,500 $ 74,000
Multnomah, Oregon 2 $ 218,000 $ 109,000 $ 0
Clearfield, Pennsylvania 2 $ 124,000 $ 62,000 $ 0
Cumberland, Pennsylvania 2 $ 236,000 $ 118,000 $ 91,000
Dauphin, Pennsylvania 2 $ 343,000 $ 171,500 $ 62,000
Delaware, Pennsylvania 2 $ 84,000 $ 42,000 $ 47,000
Franklin, Pennsylvania 2 $ 144,000 $ 72,000 $ 15,000
Lancaster, Pennsylvania 2 $ 330,000 $ 165,000 $ 58,000
Mifflin, Pennsylvania 2 $ 127,000 $ 63,500 $ 60,000
Perry, Pennsylvania 2 $ 176,000 $ 88,000 $ 62,000
Warren, Pennsylvania 2 $ 95,000 $ 47,500 $ 10,000
Berkeley, South Carolina 2 $ 321,000 $ 160,500 $ 43,000
Laurens, South Carolina 2 $ 117,000 $ 58,500 $ 36,000
Lee, South Carolina 2 $ 58,000 $ 29,000 $ 60,000
Anderson, Tennessee 2 $ 154,000 $ 77,000 $ 29,000
Carter, Tennessee 2 $ 132,000 $ 66,000 $ 32,000
Cumberland, Tennessee 2 $ 116,000 $ 58,000 $ 66,000
Hamblen, Tennessee 2 $ 222,000 $ 111,000 $ 65,000
Jefferson, Tennessee 2 $ 304,000 $ 152,000 $ 65,000
Monroe, Tennessee 2 $ 155,000 $ 77,500 $ 38,000
Rutherford, Tennessee 2 $ 243,000 $ 121,500 $ 127,000
Sullivan, Tennessee 2 $ 266,000 $ 133,000 $ 56,000
Sumner, Tennessee 2 $ 412,000 $ 206,000 $ 62,000
Tipton, Tennessee 2 $ 118,000 $ 59,000 $ 78,000
Comal, Texas 2 $ 93,000 $ 46,500 $ 92,000
Denton, Texas 2 $ 269,000 $ 134,500 $ 0
Rockwall, Texas 2 $ 65,000 $ 32,500 $ 31,000
Williamson, Texas 2 $ 186,000 $ 93,000 $ 94,000
Accomack, Virginia 2 $ 490,000 $ 245,000 $ 103,000
Alleghany, Virginia 2 $ 116,000 $ 58,000 $ 37,000
Brunswick, Virginia 2 $ 158,000 $ 79,000 $ 14,000
Buena Vista, Virginia 2 $ 170,000 $ 85,000 $ 22,000
Craig, Virginia 2 $ 188,000 $ 94,000 $ 137,000
Essex, Virginia 2 $ 554,000 $ 277,000 $ 159,000
Franklin City, Virginia 2 $ 222,000 $ 111,000 $ 53,000
Harrisonburg, Virginia 2 $ 172,000 $ 86,000 $ 52,000
Rappahannock, Virginia 2 $ 166,000 $ 83,000 $ 238,000
Richmond, Virginia 2 $ 463,000 $ 231,500 $ 102,000
Rockbridge, Virginia 2 $ 118,000 $ 59,000 $ 39,000
Fayette, West Virginia 2 $ 141,000 $ 70,500 $ 38,000
Jefferson, West Virginia 2 $ 311,000 $ 155,500 $ 55,000
Monongalia, West Virginia 2 $ 68,000 $ 34,000 $ 0
Morgan, West Virginia 2 $ 234,000 $ 117,000 $ 46,000
Wyoming, West Virginia 2 $ 150,000 $ 75,000 $ 80,000
Polk, Wisconsin 2 $ 240,000 $ 120,000 $ 59,000
Racine, Wisconsin 2 $ 88,000 $ 44,000 $ 128,000
Waukesha, Wisconsin 2 $ 390,000 $ 195,000 $ 90,000
Waushara, Wisconsin 2 $ 64,000 $ 32,000 $ 54,000
Laramie, Wyoming 2 $ 131,000 $ 65,500 $ 0
Gila, Arizona 1 $ 149,000 $ 149,000 $ 80,000
Cleburne, Arkansas 1 $ 50,000 $ 50,000 $ 37,000
Crawford, Arkansas 1 $ 116,000 $ 116,000 $ 41,000
Howard, Arkansas 1 $ 35,000 $ 35,000 $ 217,000
Lafayette, Arkansas 1 $ 60,000 $ 60,000 $ 38,000
Lonoke, Arkansas 1 $ 143,000 $ 143,000 $ 29,000
Pulaski, Arkansas 1 $ 98,000 $ 98,000 $ 52,000
El Dorado, California 1 $ 314,000 $ 314,000 $ 0
San Joaquin, California 1 $ 267,000 $ 267,000 $ 80,000
Santa Barbara, California 1 $ 240,000 $ 240,000 $ 48,000
Santa Cruz, California 1 $ 407,000 $ 407,000 $ 114,000
Sonoma, California 1 $ 750,000 $ 750,000 $ 288,000
Yolo, California 1 $ 283,000 $ 283,000 $ 70,000
Gunnison, Colorado 1 $ 300,000 $ 300,000 $ 0
Litchfield, Connecticut 1 $ 278,000 $ 278,000 $ 62,000
Baker, Florida 1 $ 80,000 $ 80,000 $ 19,000
Bradford, Florida 1 $ 72,000 $ 72,000 $ 50,000
Citrus, Florida 1 $ 118,000 $ 118,000 $ 93,000
Collier, Florida 1 $ 80,000 $ 80,000 $ 25,000
Marion, Florida 1 $ 98,000 $ 98,000 $ 62,000
Putnam, Florida 1 $ 109,000 $ 109,000 $ 42,000
Cobb, Georgia 1 $ 150,000 $ 150,000 $ 0
DuPage, Illinois 1 $ 300,000 $ 300,000 $ 0
Allen, Indiana 1 $ 129,000 $ 129,000 $ 62,000
Clay, Indiana 1 $ 88,000 $ 88,000 $ 36,000
Clinton, Indiana 1 $ 21,000 $ 21,000 $ 32,000
DeKalb, Indiana 1 $ 42,000 $ 42,000 $ 72,000
Dubois, Indiana 1 $ 123,000 $ 123,000 $ 56,000
Franklin, Indiana 1 $ 88,000 $ 88,000 $ 23,000
Grant, Indiana 1 $ 50,000 $ 50,000 $ 22,000
Hendricks, Indiana 1 $ 35,000 $ 35,000 $ 65,000
Howard, Indiana 1 $ 50,000 $ 50,000 $ 64,000
Kosciusko, Indiana 1 $ 167,000 $ 167,000 $ 88,000
LaGrange, Indiana 1 $ 112,000 $ 112,000 $ 48,000
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Mortgage Loan Application Detail Totals for Resource Bank in 2003

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 (one-to-four family) 6,470 $800,670,000 $105,243 $975,000 $57,378 $1,296,000
Refinancing (home purchase or home improvement, one-to-four family) 4,144 $621,960,000 $149,944 $1,700,000 $56,638 $816,000
Home Improvement (one-to-four family) 12 $3,057,000 $235,000 $488,000 $96,000 $320,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 7 $4,155,000 $593,000 $2,400,000 $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 6,884 $982,967,000 $112,916 $1,700,000 $55,444 $1,296,000
Black 1,729 $195,309,000 $114,074 $840,000 $71,518 $576,000
Information not provided by applicant in mail or telephone application 846 $97,958,000 $119,483 $950,000 $54,290 $816,000
Hispanic 739 $90,709,000 $99,636 $521,000 $45,545 $240,000
Asian or Pacific Islander 293 $39,833,000 $107,928 $680,000 $46,000 $420,000
Other 97 $13,610,000 $104,100 $823,000 $57,500 $360,000
American Indian or Alaskan Native 27 $3,724,000 $106,285 $616,000 $34,571 $168,000
Not applicable 18 $5,732,000 $355,666 $2,400,000 $30,333 $219,000

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) 8,694 $1,177,020,000 $116,487 $2,400,000 $55,461 $1,296,000
FHA-insured (Federal Housing Administration) 991 $113,900,000 $128,500 $300,000 $61,166 $816,000
VA-guaranteed (Veterans Administration) 935 $137,220,000 $162,500 $300,000 $35,333 $239,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 13 $1,702,000 $124,000 $198,000 $44,000 $153,000

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 7,830 $1,102,196,000 $110,947 $2,400,000 $49,947 $1,296,000
Application Denied By Financial Institution 1,083 $110,473,000 $110,185 $556,000 $69,444 $576,000
Application Approved But Not Accepted 958 $102,385,000 $120,300 $1,230,000 $60,866 $480,000
Application Withdrawn By Applicant 670 $99,661,000 $118,285 $1,700,000 $63,857 $895,000
File Closed For Incompleteness 92 $15,127,000 $147,833 $950,000 $78,000 $582,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Resource Bank's 2003 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 Resource 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.

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