Resource Bank
Mortgage Loan Application
Totals and Details
for 2006

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 Resource 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 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 7,918
Total Mortgage Loan Application Amount $1,594,841,000
Average Mortgage Loan Application Amount $219,000
Highest Mortgage Loan Application Amount $7,800,000
Average Applicant Income $112,000
Highest Applicant Income $1,963,000

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 Resource Bank by County in 2006

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 844 $ 194,898,000 $ 230,000 $ 97,000
Prince George's County Maryland 673 $ 141,402,000 $ 210,000 $ 81,000
Montgomery County Maryland 546 $ 120,683,000 $ 221,000 $ 81,000
Fairfax County Virginia 401 $ 104,268,000 $ 260,000 $ 124,000
Prince William County Virginia 354 $ 73,030,000 $ 206,000 $ 76,000
Chesapeake County Virginia 333 $ 81,969,000 $ 246,000 $ 107,000
Norfolk County Virginia 294 $ 63,304,000 $ 215,000 $ 83,000
Charles County Maryland 258 $ 56,414,000 $ 218,000 $ 97,000
Chesterfield County Virginia 246 $ 43,919,000 $ 178,000 $ 75,000
Henrico County Virginia 208 $ 34,121,000 $ 164,000 $ 82,000
District of Columbia County District Of Columbia 205 $ 45,485,000 $ 221,000 $ 129,000
Newport News County Virginia 166 $ 23,917,000 $ 144,000 $ 70,000
Hampton County Virginia 146 $ 21,042,000 $ 144,000 $ 77,000
Loudoun County Virginia 145 $ 35,047,000 $ 241,000 $ 73,000
Anne Arundel County Maryland 127 $ 27,679,000 $ 217,000 $ 94,000
St. Mary's County Maryland 124 $ 26,318,000 $ 212,000 $ 102,000
Richmond City County Virginia 117 $ 21,048,000 $ 179,000 $ 97,000
Portsmouth County Virginia 116 $ 14,258,000 $ 122,000 $ 85,000
Baltimore City County Maryland 100 $ 9,844,000 $ 98,000 $ 108,000
Suffolk County Virginia 100 $ 20,899,000 $ 208,000 $ 83,000
Orange County Florida 95 $ 22,422,000 $ 236,000 $ 101,000
Clay County Florida 87 $ 13,934,000 $ 160,000 $ 86,000
Baltimore County Maryland 85 $ 13,794,000 $ 162,000 $ 74,000
Manassas County Virginia 82 $ 14,120,000 $ 172,000 $ 55,000
Frederick County Maryland 65 $ 12,057,000 $ 185,000 $ 96,000
Howard County Maryland 61 $ 13,706,000 $ 224,000 $ 118,000
Sussex County Delaware 58 $ 7,892,000 $ 136,000 $ 73,000
Duval County Florida 58 $ 7,641,000 $ 131,000 $ 60,000
Stafford County Virginia 55 $ 9,938,000 $ 180,000 $ 79,000
James City County Virginia 54 $ 16,684,000 $ 308,000 $ 110,000
Miami-Dade County Florida 52 $ 10,142,000 $ 195,000 $ 114,000
Calvert County Maryland 49 $ 10,346,000 $ 211,000 $ 115,000
Spotsylvania County Virginia 44 $ 8,268,000 $ 187,000 $ 103,000
York County Virginia 43 $ 12,403,000 $ 288,000 $ 133,000
Hanover County Virginia 41 $ 10,217,000 $ 249,000 $ 87,000
Alexandria County Virginia 40 $ 8,330,000 $ 208,000 $ 112,000
Currituck County North Carolina 39 $ 11,542,000 $ 295,000 $ 127,000
Isle of Wight County Virginia 39 $ 10,388,000 $ 266,000 $ 96,000
Volusia County Florida 36 $ 5,735,000 $ 159,000 $ 79,000
Culpeper County Virginia 34 $ 5,879,000 $ 172,000 $ 64,000
Osceola County Florida 32 $ 4,608,000 $ 144,000 $ 55,000
Seminole County Florida 31 $ 7,043,000 $ 227,000 $ 65,000
Broward County Florida 28 $ 4,288,000 $ 153,000 $ 80,000
Lee County Florida 27 $ 4,169,000 $ 154,000 $ 84,000
Pasquotank County North Carolina 27 $ 4,121,000 $ 152,000 $ 59,000
Manassas Park County Virginia 26 $ 5,368,000 $ 206,000 $ 70,000
Albemarle County Virginia 24 $ 6,566,000 $ 273,000 $ 128,000
Dare County North Carolina 23 $ 7,782,000 $ 338,000 $ 175,000
Arlington County Virginia 23 $ 7,730,000 $ 336,000 $ 139,000
Hennepin County Minnesota 22 $ 2,648,000 $ 120,000 $ 50,000
Prince George County Virginia 21 $ 3,785,000 $ 180,000 $ 66,000
Pinellas County Florida 20 $ 3,551,000 $ 177,000 $ 132,000
Petersburg County Virginia 20 $ 2,129,000 $ 106,000 $ 85,000
Riverside County California 18 $ 5,668,000 $ 314,000 $ 0
Brevard County Florida 17 $ 1,761,000 $ 103,000 $ 63,000
Hillsborough County Florida 17 $ 2,919,000 $ 171,000 $ 67,000
Palm Beach County Florida 17 $ 2,835,000 $ 166,000 $ 98,000
Hopewell County Virginia 17 $ 1,587,000 $ 93,000 $ 72,000
Fauquier County Virginia 16 $ 3,201,000 $ 200,000 $ 116,000
Lake County Florida 15 $ 2,517,000 $ 167,000 $ 65,000
Wayne County Michigan 15 $ 676,000 $ 45,000 $ 46,000
Manatee County Florida 14 $ 2,088,000 $ 149,000 $ 85,000
Polk County Florida 14 $ 2,204,000 $ 157,000 $ 37,000
Fulton County Georgia 14 $ 1,387,000 $ 99,000 $ 53,000
King William County Virginia 14 $ 1,757,000 $ 125,000 $ 54,000
Poquoson County Virginia 13 $ 3,814,000 $ 293,000 $ 95,000
Mecklenburg County North Carolina 12 $ 1,250,000 $ 104,000 $ 173,000
Tarrant County Texas 12 $ 783,000 $ 65,000 $ 137,000
Colonial Heights County Virginia 11 $ 1,402,000 $ 127,000 $ 63,000
Jefferson County West Virginia 11 $ 1,861,000 $ 169,000 $ 89,000
New Castle County Delaware 10 $ 983,000 $ 98,000 $ 134,000
Gwinnett County Georgia 10 $ 1,088,000 $ 108,000 $ 50,000
Dakota County Minnesota 10 $ 1,130,000 $ 113,000 $ 9,000
Wake County North Carolina 10 $ 1,819,000 $ 181,000 $ 113,000
Greenville County South Carolina 10 $ 595,000 $ 59,000 $ 240,000
Pulaski County Arkansas 9 $ 1,003,000 $ 111,000 $ 204,000
St. Johns County Florida 9 $ 2,264,000 $ 251,000 $ 76,000
Ramsey County Minnesota 9 $ 1,140,000 $ 126,000 $ 36,000
York County Pennsylvania 9 $ 1,182,000 $ 131,000 $ 77,000
Dallas County Texas 9 $ 567,000 $ 63,000 $ 8,000
Bedford County Virginia 9 $ 677,000 $ 75,000 $ 51,000
Berkeley County West Virginia 9 $ 1,214,000 $ 134,000 $ 87,000
Maricopa County Arizona 8 $ 1,360,000 $ 170,000 $ 146,000
Sarasota County Florida 8 $ 1,242,000 $ 155,000 $ 84,000
Scott County Minnesota 8 $ 1,533,000 $ 191,000 $ 193,000
Allegheny County Pennsylvania 8 $ 308,000 $ 38,000 $ 177,000
Spartanburg County South Carolina 8 $ 555,000 $ 69,000 $ 181,000
Dinwiddie County Virginia 8 $ 1,065,000 $ 133,000 $ 51,000
Gloucester County Virginia 8 $ 2,028,000 $ 253,000 $ 76,000
New Kent County Virginia 8 $ 1,585,000 $ 198,000 $ 61,000
Washington County Minnesota 7 $ 988,000 $ 141,000 $ 40,000
Suffolk County New York 7 $ 1,413,000 $ 201,000 $ 49,000
Franklin County Pennsylvania 7 $ 1,179,000 $ 168,000 $ 106,000
Philadelphia County Pennsylvania 7 $ 556,000 $ 79,000 $ 54,000
Horry County South Carolina 7 $ 949,000 $ 135,000 $ 198,000
Davidson County Tennessee 7 $ 507,000 $ 72,000 $ 0
Bexar County Texas 7 $ 728,000 $ 104,000 $ 114,000
Accomack County Virginia 7 $ 589,000 $ 84,000 $ 42,000
Caroline County Virginia 7 $ 1,048,000 $ 149,000 $ 47,000
Goochland County Virginia 7 $ 2,340,000 $ 334,000 $ 132,000
Southampton County Virginia 7 $ 1,054,000 $ 150,000 $ 92,000
Westmoreland County Virginia 7 $ 1,965,000 $ 280,000 $ 187,000
San Bernardino County California 6 $ 943,000 $ 157,000 $ 162,000
Collier County Florida 6 $ 1,028,000 $ 171,000 $ 82,000
Cobb County Georgia 6 $ 334,000 $ 55,000 $ 56,000
DeKalb County Georgia 6 $ 582,000 $ 97,000 $ 37,000
Wicomico County Maryland 6 $ 687,000 $ 114,000 $ 22,000
Jackson County Missouri 6 $ 252,000 $ 42,000 $ 156,000
Queens County New York 6 $ 2,130,000 $ 355,000 $ 118,000
Cabarrus County North Carolina 6 $ 604,000 $ 100,000 $ 88,000
Camden County North Carolina 6 $ 1,355,000 $ 225,000 $ 73,000
Monroe County Pennsylvania 6 $ 638,000 $ 106,000 $ 100,000
Montgomery County Pennsylvania 6 $ 611,000 $ 101,000 $ 62,000
Harris County Texas 6 $ 423,000 $ 70,000 $ 75,000
Fluvanna County Virginia 6 $ 993,000 $ 165,000 $ 121,000
Greene County Virginia 6 $ 689,000 $ 114,000 $ 39,000
King George County Virginia 6 $ 1,355,000 $ 225,000 $ 99,000
Northampton County Virginia 6 $ 2,334,000 $ 389,000 $ 230,000
Powhatan County Virginia 6 $ 1,090,000 $ 181,000 $ 63,000
Warren County Virginia 6 $ 1,017,000 $ 169,000 $ 43,000
Okaloosa County Florida 5 $ 895,000 $ 179,000 $ 49,000
Dorchester County Maryland 5 $ 1,013,000 $ 202,000 $ 147,000
Adams County Pennsylvania 5 $ 592,000 $ 118,000 $ 76,000
Augusta County Virginia 5 $ 556,000 $ 111,000 $ 58,000
Fairfax City County Virginia 5 $ 1,358,000 $ 271,000 $ 18,000
Frederick County Virginia 5 $ 1,101,000 $ 220,000 $ 92,000
Middlesex County Virginia 5 $ 1,138,000 $ 227,000 $ 67,000
Staunton County Virginia 5 $ 519,000 $ 103,000 $ 37,000
San Diego County California 4 $ 1,665,000 $ 416,000 $ 171,000
Charlotte County Florida 4 $ 737,000 $ 184,000 $ 119,000
Indian River County Florida 4 $ 474,000 $ 118,000 $ 49,000
Marion County Florida 4 $ 374,000 $ 93,000 $ 30,000
Clayton County Georgia 4 $ 144,000 $ 36,000 $ 96,000
Allegany County Maryland 4 $ 375,000 $ 93,000 $ 10,000
Caroline County Maryland 4 $ 681,000 $ 170,000 $ 199,000
Harford County Maryland 4 $ 837,000 $ 209,000 $ 104,000
Washington County Maryland 4 $ 631,000 $ 157,000 $ 33,000
Worcester County Maryland 4 $ 224,000 $ 56,000 $ 41,000
Hillsborough County New Hampshire 4 $ 686,000 $ 171,000 $ 87,000
Dutchess County New York 4 $ 520,000 $ 130,000 $ 253,000
Kings County New York 4 $ 967,000 $ 241,000 $ 117,000
Schenectady County New York 4 $ 142,000 $ 35,000 $ 38,000
Rowan County North Carolina 4 $ 266,000 $ 66,000 $ 174,000
Chester County Pennsylvania 4 $ 1,077,000 $ 269,000 $ 158,000
Lehigh County Pennsylvania 4 $ 187,000 $ 46,000 $ 122,000
Dorchester County South Carolina 4 $ 595,000 $ 148,000 $ 79,000
Montgomery County Texas 4 $ 294,000 $ 73,000 $ 45,000
Amelia County Virginia 4 $ 409,000 $ 102,000 $ 52,000
Falls Church County Virginia 4 $ 1,090,000 $ 272,000 $ 120,000
Fredericksburg County Virginia 4 $ 428,000 $ 107,000 $ 84,000
Roanoke County Virginia 4 $ 548,000 $ 137,000 $ 70,000
Rockingham County Virginia 4 $ 656,000 $ 164,000 $ 177,000
Winchester County Virginia 4 $ 693,000 $ 173,000 $ 0
Sebastian County Arkansas 3 $ 294,000 $ 98,000 $ 230,000
Fairfield County Connecticut 3 $ 677,000 $ 225,000 $ 34,000
Hernando County Florida 3 $ 342,000 $ 114,000 $ 50,000
Leon County Florida 3 $ 545,000 $ 181,000 $ 135,000
Marion County Indiana 3 $ 191,000 $ 63,000 $ 29,000
Queen Anne's County Maryland 3 $ 887,000 $ 295,000 $ 96,000
St. Louis City County Missouri 3 $ 251,000 $ 83,000 $ 80,000
Gaston County North Carolina 3 $ 148,000 $ 49,000 $ 240,000
Union County North Carolina 3 $ 515,000 $ 171,000 $ 34,000
Wilson County Tennessee 3 $ 287,000 $ 95,000 $ 0
Charlottesville County Virginia 3 $ 531,000 $ 177,000 $ 66,000
Louisa County Virginia 3 $ 374,000 $ 124,000 $ 50,000
Montgomery County Virginia 3 $ 249,000 $ 83,000 $ 35,000
Nottoway County Virginia 3 $ 293,000 $ 97,000 $ 93,000
Roanoke City County Virginia 3 $ 334,000 $ 111,000 $ 55,000
Shenandoah County Virginia 3 $ 506,000 $ 168,000 $ 112,000
San Joaquin County California 2 $ 470,000 $ 235,000 $ 0
Weld County Colorado 2 $ 135,000 $ 67,000 $ 44,000
Hartford County Connecticut 2 $ 230,000 $ 115,000 $ 90,000
Litchfield County Connecticut 2 $ 425,000 $ 212,000 $ 0
New London County Connecticut 2 $ 199,000 $ 99,000 $ 134,000
Bay County Florida 2 $ 330,000 $ 165,000 $ 108,000
Martin County Florida 2 $ 744,000 $ 372,000 $ 360,000
Nassau County Florida 2 $ 732,000 $ 366,000 $ 271,000
Pasco County Florida 2 $ 466,000 $ 233,000 $ 32,000
Walton County Florida 2 $ 289,000 $ 144,000 $ 152,000
Cherokee County Georgia 2 $ 124,000 $ 62,000 $ 64,000
Hardin County Kentucky 2 $ 155,000 $ 77,000 $ 130,000
Macomb County Michigan 2 $ 150,000 $ 75,000 $ 56,000
Oakland County Michigan 2 $ 361,000 $ 180,000 $ 125,000
St. Clair County Michigan 2 $ 95,000 $ 47,000 $ 144,000
Carver County Minnesota 2 $ 310,000 $ 155,000 $ 74,000
Mower County Minnesota 2 $ 82,000 $ 41,000 $ 121,000
Sherburne County Minnesota 2 $ 188,000 $ 94,000 $ 58,000
Waseca County Minnesota 2 $ 135,000 $ 67,000 $ 237,000
Rockingham County New Hampshire 2 $ 211,000 $ 105,000 $ 67,000
Taos County New Mexico 2 $ 258,000 $ 129,000 $ 172,000
Albany County New York 2 $ 178,000 $ 89,000 $ 137,000
Bronx County New York 2 $ 461,000 $ 230,000 $ 69,000
Cumberland County North Carolina 2 $ 75,000 $ 37,000 $ 108,000
Durham County North Carolina 2 $ 173,000 $ 86,000 $ 89,000
Guilford County North Carolina 2 $ 698,000 $ 349,000 $ 125,000
Hertford County North Carolina 2 $ 235,000 $ 117,000 $ 66,000
Johnston County North Carolina 2 $ 395,000 $ 197,000 $ 168,000
Greene County Ohio 2 $ 275,000 $ 137,000 $ 60,000
Montgomery County Ohio 2 $ 124,000 $ 62,000 $ 64,000
Berks County Pennsylvania 2 $ 230,000 $ 115,000 $ 120,000
Bucks County Pennsylvania 2 $ 454,000 $ 227,000 $ 75,000
Delaware County Pennsylvania 2 $ 178,000 $ 89,000 $ 60,000
Lawrence County Pennsylvania 2 $ 116,000 $ 58,000 $ 69,000
Charleston County South Carolina 2 $ 266,000 $ 133,000 $ 150,000
Georgetown County South Carolina 2 $ 285,000 $ 142,000 $ 155,000
Richland County South Carolina 2 $ 304,000 $ 152,000 $ 0
Decatur County Tennessee 2 $ 154,000 $ 77,000 $ 60,000
Roane County Tennessee 2 $ 154,000 $ 77,000 $ 48,000
Sevier County Tennessee 2 $ 496,000 $ 248,000 $ 141,000
El Paso County Texas 2 $ 185,000 $ 92,000 $ 82,000
Guadalupe County Texas 2 $ 109,000 $ 54,000 $ 168,000
Williamson County Texas 2 $ 120,000 $ 60,000 $ 180,000
Bristol County Virginia 2 $ 145,000 $ 72,000 $ 82,000
Campbell County Virginia 2 $ 155,000 $ 77,000 $ 53,000
Cumberland County Virginia 2 $ 255,000 $ 127,000 $ 67,000
Floyd County Virginia 2 $ 71,000 $ 35,000 $ 0
Mathews County Virginia 2 $ 830,000 $ 415,000 $ 200,000
Nelson County Virginia 2 $ 496,000 $ 248,000 $ 303,000
Northumberland County Virginia 2 $ 485,000 $ 242,000 $ 232,000
Orange County Virginia 2 $ 170,000 $ 85,000 $ 58,000
Prince Edward County Virginia 2 $ 295,000 $ 147,000 $ 68,000
Wise County Virginia 2 $ 90,000 $ 45,000 $ 60,000
Yakima County Washington 2 $ 280,000 $ 140,000 $ 0
Preston County West Virginia 2 $ 150,000 $ 75,000 $ 71,000
Tucker County West Virginia 2 $ 390,000 $ 195,000 $ 203,000
Kenosha County Wisconsin 2 $ 178,000 $ 89,000 $ 102,000
Pima County Arizona 1 $ 154,000 $ 154,000 $ 79,000
Douglas County Colorado 1 $ 265,000 $ 265,000 $ 67,000
Gunnison County Colorado 1 $ 100,000 $ 100,000 $ 62,000
New Haven County Connecticut 1 $ 140,000 $ 140,000 $ 60,000
Kent County Delaware 1 $ 156,000 $ 156,000 $ 56,000
Alachua County Florida 1 $ 169,000 $ 169,000 $ 0
Escambia County Florida 1 $ 144,000 $ 144,000 $ 42,000
Sumter County Florida 1 $ 138,000 $ 138,000 $ 39,000
Wakulla County Florida 1 $ 111,000 $ 111,000 $ 41,000
Spencer County Indiana 1 $ 195,000 $ 195,000 $ 0
Garrett County Maryland 1 $ 215,000 $ 215,000 $ 226,000
Suffolk County Massachusetts 1 $ 322,000 $ 322,000 $ 126,000
Lapeer County Michigan 1 $ 142,000 $ 142,000 $ 0
St. Louis County Minnesota 1 $ 84,000 $ 84,000 $ 53,000
Lincoln County Missouri 1 $ 308,000 $ 308,000 $ 55,000
Douglas County Nebraska 1 $ 147,000 $ 147,000 $ 72,000
Chemung County New York 1 $ 65,000 $ 65,000 $ 122,000
Delaware County New York 1 $ 70,000 $ 70,000 $ 38,000
Burke County North Carolina 1 $ 260,000 $ 260,000 $ 0
Carteret County North Carolina 1 $ 100,000 $ 100,000 $ 0
Davidson County North Carolina 1 $ 129,000 $ 129,000 $ 241,000
Franklin County North Carolina 1 $ 162,000 $ 162,000 $ 42,000
Gates County North Carolina 1 $ 63,000 $ 63,000 $ 37,000
Moore County North Carolina 1 $ 200,000 $ 200,000 $ 93,000
New Hanover County North Carolina 1 $ 272,000 $ 272,000 $ 240,000
Northampton County North Carolina 1 $ 64,000 $ 64,000 $ 58,000
Onslow County North Carolina 1 $ 117,000 $ 117,000 $ 50,000
Pitt County North Carolina 1 $ 350,000 $ 350,000 $ 114,000
Washington County North Carolina 1 $ 280,000 $ 280,000 $ 83,000
Watauga County North Carolina 1 $ 384,000 $ 384,000 $ 252,000
Wilson County North Carolina 1 $ 55,000 $ 55,000 $ 190,000
Yancey County North Carolina 1 $ 163,000 $ 163,000 $ 183,000
Cambria County Pennsylvania 1 $ 28,000 $ 28,000 $ 34,000
Cameron County Pennsylvania 1 $ 22,000 $ 22,000 $ 70,000
Centre County Pennsylvania 1 $ 256,000 $ 256,000 $ 175,000
Clearfield County Pennsylvania 1 $ 55,000 $ 55,000 $ 47,000
Pike County Pennsylvania 1 $ 80,000 $ 80,000 $ 48,000
Robertson County Tennessee 1 $ 211,000 $ 211,000 $ 52,000
Amherst County Virginia 1 $ 117,000 $ 117,000 $ 24,000
Appomattox County Virginia 1 $ 92,000 $ 92,000 $ 130,000
Bedford City County Virginia 1 $ 150,000 $ 150,000 $ 72,000
Charles City County Virginia 1 $ 177,000 $ 177,000 $ 192,000
Charlotte County Virginia 1 $ 49,000 $ 49,000 $ 30,000
Clarke County Virginia 1 $ 508,000 $ 508,000 $ 654,000
Essex County Virginia 1 $ 150,000 $ 150,000 $ 46,000
Harrisonburg County Virginia 1 $ 184,000 $ 184,000 $ 0
Lancaster County Virginia 1 $ 1,200,000 $ 1,200,000 $ 385,000
Madison County Virginia 1 $ 572,000 $ 572,000 $ 129,000
Mecklenburg County Virginia 1 $ 261,000 $ 261,000 $ 108,000
Pittsylvania County Virginia 1 $ 146,000 $ 146,000 $ 36,000
Surry County Virginia 1 $ 80,000 $ 80,000 $ 30,000
Sussex County Virginia 1 $ 146,000 $ 146,000 $ 42,000
Waynesboro County Virginia 1 $ 89,000 $ 89,000 $ 47,000
Williamsburg County Virginia 1 $ 316,000 $ 316,000 $ 115,000
Hardy County West Virginia 1 $ 144,000 $ 144,000 $ 39,000
Mineral County West Virginia 1 $ 44,000 $ 44,000 $ 48,000

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 Resource Bank in 2006

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 5,825 $1,072,462,000 $184,000 $7,800,000 $87,000 $1,300,000
Refinancing 2,081 $519,690,000 $249,000 $2,900,000 $103,000 $1,963,000
Home Improvement 12 $2,689,000 $224,000 $635,000 $146,000 $507,000

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 3,619 $761,512,000 $210,000 $2,900,000 $100,000 $1,963,000
Hispanic 2,313 $434,286,000 $187,000 $1,000,000 $74,000 $1,032,000
Black or African American 1,470 $279,014,000 $189,000 $1,950,000 $89,000 $618,000
Asian 272 $60,625,000 $222,000 $1,313,000 $125,000 $1,080,000
Not Provided 204 $45,154,000 $221,000 $7,800,000 $98,000 $521,000
Native Hawaiian or Other Pacific Islander 26 $4,876,000 $187,000 $527,000 $73,000 $182,000
American Indian or Alaskan Native 11 $2,474,000 $224,000 $884,000 $142,000 $431,000
Not applicable 3 $6,900,000 $2,300,000 $6,300,000 $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) 7,372 $1,487,321,000 $201,000 $7,800,000 $93,000 $1,963,000
VA-guaranteed (Veterans Administration) 280 $62,829,000 $224,000 $410,000 $67,000 $199,000
FHA-insured (Federal Housing Administration) 266 $44,691,000 $168,000 $363,000 $58,000 $264,000
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 6,344 $1,280,671,000 $201,000 $7,800,000 $92,000 $1,963,000
Application Approved But Not Accepted 937 $182,330,000 $194,000 $2,470,000 $88,000 $1,032,000
Application Withdrawn By Applicant 440 $95,945,000 $218,000 $2,900,000 $98,000 $1,908,000
Application Denied By Financial Institution 175 $31,550,000 $180,000 $910,000 $86,000 $283,000
File Closed For Incompleteness 22 $4,345,000 $197,000 $544,000 $64,000 $234,000
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
Collateral 52 $5,892,000 $113,000 $368,000 $89,000 $283,000
Unverifiable Information 43 $9,180,000 $213,000 $572,000 $84,000 $168,000
Other 25 $5,242,000 $209,000 $602,000 $95,000 $265,000
Credit History 14 $3,273,000 $233,000 $828,000 $93,000 $252,000
Debt-To-Income Ratio 10 $2,086,000 $208,000 $627,000 $68,000 $194,000
Employment History 10 $1,256,000 $125,000 $273,000 $67,000 $90,000
Insufficient Cash (Downpayment, Closing Cost) 7 $1,882,000 $268,000 $640,000 $49,000 $84,000
Credit Application Incomplete 6 $1,082,000 $180,000 $360,000 $135,000 $270,000
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.

Download the Virginia Lender List