Resource Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007
Resource Bank 2007 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 | 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 | 4,334 |
| Total Mortgage Loan Application Amount | $1,018,609,000 |
| Average Mortgage Loan Application Amount | $227,333 |
| Highest Mortgage Loan Application Amount | $4,160,000 |
| Average Applicant Income | $108,000 |
| Highest Applicant Income | $3,234,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2007 with Resource 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 Resource Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2007 breaks down Resource 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 Resource Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Resource 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 Resource Bank's mortgage activity for 2007.
| 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 | 592 | $ 148,733,000 | $ 251,000 | $ 102,000 |
| Prince George's County Maryland | 338 | $ 94,214,000 | $ 278,000 | $ 100,000 |
| Montgomery County Maryland | 235 | $ 63,490,000 | $ 270,000 | $ 122,000 |
| Chesapeake County Virginia | 208 | $ 48,728,000 | $ 234,000 | $ 91,000 |
| Norfolk County Virginia | 173 | $ 34,218,000 | $ 197,000 | $ 116,000 |
| Chesterfield County Virginia | 164 | $ 33,498,000 | $ 204,000 | $ 82,000 |
| District of Columbia County District Of Columbia | 139 | $ 39,943,000 | $ 287,000 | $ 119,000 |
| Henrico County Virginia | 139 | $ 27,613,000 | $ 198,000 | $ 86,000 |
| Charles County Maryland | 138 | $ 35,760,000 | $ 259,000 | $ 86,000 |
| Richmond City County Virginia | 92 | $ 22,302,000 | $ 242,000 | $ 105,000 |
| Newport News County Virginia | 88 | $ 14,500,000 | $ 164,000 | $ 93,000 |
| Fairfax County Virginia | 83 | $ 27,132,000 | $ 326,000 | $ 136,000 |
| Prince William County Virginia | 81 | $ 18,539,000 | $ 228,000 | $ 89,000 |
| Suffolk County Virginia | 81 | $ 18,371,000 | $ 226,000 | $ 88,000 |
| St. Mary's County Maryland | 76 | $ 16,698,000 | $ 219,000 | $ 90,000 |
| Hampton County Virginia | 75 | $ 13,201,000 | $ 176,000 | $ 91,000 |
| Anne Arundel County Maryland | 62 | $ 18,319,000 | $ 295,000 | $ 101,000 |
| Portsmouth County Virginia | 58 | $ 8,791,000 | $ 151,000 | $ 75,000 |
| Baltimore City County Maryland | 56 | $ 8,136,000 | $ 145,000 | $ 96,000 |
| Clay County Florida | 54 | $ 9,427,000 | $ 174,000 | $ 65,000 |
| Orange County Florida | 45 | $ 11,086,000 | $ 246,000 | $ 96,000 |
| Baltimore County Maryland | 43 | $ 7,100,000 | $ 165,000 | $ 71,000 |
| Isle of Wight County Virginia | 42 | $ 10,974,000 | $ 261,000 | $ 102,000 |
| James City County Virginia | 42 | $ 9,426,000 | $ 224,000 | $ 97,000 |
| Hanover County Virginia | 41 | $ 10,519,000 | $ 256,000 | $ 96,000 |
| Loudoun County Virginia | 41 | $ 12,377,000 | $ 301,000 | $ 112,000 |
| Dare County North Carolina | 37 | $ 15,294,000 | $ 413,000 | $ 232,000 |
| Duval County Florida | 36 | $ 5,272,000 | $ 146,000 | $ 82,000 |
| Calvert County Maryland | 35 | $ 8,702,000 | $ 248,000 | $ 97,000 |
| Seminole County Florida | 29 | $ 6,269,000 | $ 216,000 | $ 80,000 |
| Frederick County Maryland | 28 | $ 7,721,000 | $ 275,000 | $ 160,000 |
| Dinwiddie County Virginia | 28 | $ 6,575,000 | $ 234,000 | $ 78,000 |
| Volusia County Florida | 25 | $ 4,134,000 | $ 165,000 | $ 158,000 |
| Sussex County Delaware | 24 | $ 4,710,000 | $ 196,000 | $ 57,000 |
| Stafford County Virginia | 23 | $ 5,257,000 | $ 228,000 | $ 117,000 |
| Hillsborough County Florida | 22 | $ 4,595,000 | $ 208,000 | $ 57,000 |
| Howard County Maryland | 22 | $ 6,868,000 | $ 312,000 | $ 160,000 |
| King William County Virginia | 22 | $ 3,798,000 | $ 172,000 | $ 69,000 |
| Miami-Dade County Florida | 21 | $ 6,409,000 | $ 305,000 | $ 175,000 |
| St. Lucie County Florida | 20 | $ 3,472,000 | $ 173,000 | $ 90,000 |
| Mecklenburg County North Carolina | 20 | $ 2,962,000 | $ 148,000 | $ 73,000 |
| Lee County Florida | 19 | $ 4,371,000 | $ 230,000 | $ 119,000 |
| Prince George County Virginia | 19 | $ 2,808,000 | $ 147,000 | $ 69,000 |
| York County Virginia | 19 | $ 4,938,000 | $ 259,000 | $ 99,000 |
| Currituck County North Carolina | 18 | $ 5,039,000 | $ 279,000 | $ 195,000 |
| Manassas Park County Virginia | 14 | $ 2,818,000 | $ 201,000 | $ 74,000 |
| Broward County Florida | 13 | $ 2,974,000 | $ 228,000 | $ 103,000 |
| Carroll County Maryland | 13 | $ 3,268,000 | $ 251,000 | $ 189,000 |
| New Kent County Virginia | 13 | $ 2,619,000 | $ 201,000 | $ 67,000 |
| Spotsylvania County Virginia | 12 | $ 2,608,000 | $ 217,000 | $ 112,000 |
| Pinellas County Florida | 11 | $ 2,704,000 | $ 245,000 | $ 312,000 |
| Gloucester County Virginia | 11 | $ 1,657,000 | $ 150,000 | $ 73,000 |
| King George County Virginia | 11 | $ 2,780,000 | $ 252,000 | $ 64,000 |
| Northampton County Virginia | 11 | $ 4,087,000 | $ 371,000 | $ 425,000 |
| Osceola County Florida | 10 | $ 2,712,000 | $ 271,000 | $ 213,000 |
| Wayne County Michigan | 10 | $ 495,000 | $ 49,000 | $ 53,000 |
| Wake County North Carolina | 10 | $ 2,564,000 | $ 256,000 | $ 78,000 |
| Poquoson County Virginia | 10 | $ 2,918,000 | $ 291,000 | $ 106,000 |
| Collier County Florida | 9 | $ 2,439,000 | $ 271,000 | $ 74,000 |
| St. Johns County Florida | 9 | $ 1,285,000 | $ 142,000 | $ 29,000 |
| Middlesex County Virginia | 9 | $ 4,446,000 | $ 494,000 | $ 222,000 |
| Southampton County Virginia | 9 | $ 1,358,000 | $ 150,000 | $ 65,000 |
| Westmoreland County Virginia | 9 | $ 1,536,000 | $ 170,000 | $ 43,000 |
| Harford County Maryland | 8 | $ 1,502,000 | $ 187,000 | $ 83,000 |
| Washington County Maryland | 8 | $ 1,654,000 | $ 206,000 | $ 22,000 |
| Hennepin County Minnesota | 8 | $ 1,453,000 | $ 181,000 | $ 76,000 |
| Brunswick County North Carolina | 8 | $ 1,066,000 | $ 133,000 | $ 99,000 |
| Manassas County Virginia | 8 | $ 1,577,000 | $ 197,000 | $ 55,000 |
| Palm Beach County Florida | 7 | $ 2,393,000 | $ 341,000 | $ 200,000 |
| Polk County Florida | 7 | $ 1,322,000 | $ 188,000 | $ 117,000 |
| Pasquotank County North Carolina | 7 | $ 920,000 | $ 131,000 | $ 156,000 |
| Alexandria County Virginia | 7 | $ 1,552,000 | $ 221,000 | $ 97,000 |
| Colonial Heights County Virginia | 7 | $ 922,000 | $ 131,000 | $ 87,000 |
| Brevard County Florida | 6 | $ 851,000 | $ 141,000 | $ 76,000 |
| Wicomico County Maryland | 6 | $ 898,000 | $ 149,000 | $ 68,000 |
| Guilford County North Carolina | 6 | $ 685,000 | $ 114,000 | $ 90,000 |
| Lehigh County Pennsylvania | 6 | $ 749,000 | $ 124,000 | $ 86,000 |
| Greenville County South Carolina | 6 | $ 476,000 | $ 79,000 | $ 153,000 |
| Arlington County Virginia | 6 | $ 2,140,000 | $ 356,000 | $ 221,000 |
| Charles City County Virginia | 6 | $ 993,000 | $ 165,000 | $ 58,000 |
| Culpeper County Virginia | 6 | $ 816,000 | $ 136,000 | $ 74,000 |
| Montgomery County Virginia | 6 | $ 759,000 | $ 126,000 | $ 63,000 |
| Maricopa County Arizona | 5 | $ 2,270,000 | $ 454,000 | $ 148,000 |
| Lake County Florida | 5 | $ 936,000 | $ 187,000 | $ 55,000 |
| Pasco County Florida | 5 | $ 723,000 | $ 144,000 | $ 39,000 |
| Caroline County Maryland | 5 | $ 704,000 | $ 140,000 | $ 27,000 |
| Suffolk County New York | 5 | $ 1,358,000 | $ 271,000 | $ 81,000 |
| Camden County North Carolina | 5 | $ 982,000 | $ 196,000 | $ 178,000 |
| Wayne County North Carolina | 5 | $ 492,000 | $ 98,000 | $ 24,000 |
| Horry County South Carolina | 5 | $ 1,020,000 | $ 204,000 | $ 155,000 |
| Accomack County Virginia | 5 | $ 523,000 | $ 104,000 | $ 73,000 |
| Fauquier County Virginia | 5 | $ 1,583,000 | $ 316,000 | $ 68,000 |
| Hopewell County Virginia | 5 | $ 784,000 | $ 156,000 | $ 91,000 |
| Williamsburg County Virginia | 5 | $ 759,000 | $ 151,000 | $ 60,000 |
| Berkeley County West Virginia | 5 | $ 957,000 | $ 191,000 | $ 73,000 |
| Jefferson County West Virginia | 5 | $ 1,145,000 | $ 229,000 | $ 88,000 |
| Riverside County California | 4 | $ 2,098,000 | $ 524,000 | $ 136,000 |
| Fairfield County Connecticut | 4 | $ 561,000 | $ 140,000 | $ 75,000 |
| DeKalb County Georgia | 4 | $ 231,000 | $ 57,000 | $ 0 |
| Fulton County Georgia | 4 | $ 474,000 | $ 118,000 | $ 26,000 |
| Worcester County Maryland | 4 | $ 977,000 | $ 244,000 | $ 198,000 |
| Oakland County Michigan | 4 | $ 1,526,000 | $ 381,000 | $ 246,000 |
| Queens County New York | 4 | $ 1,461,000 | $ 365,000 | $ 126,000 |
| Northampton County Pennsylvania | 4 | $ 281,000 | $ 70,000 | $ 49,000 |
| Philadelphia County Pennsylvania | 4 | $ 255,000 | $ 63,000 | $ 42,000 |
| York County Pennsylvania | 4 | $ 722,000 | $ 180,000 | $ 89,000 |
| Charleston County South Carolina | 4 | $ 566,000 | $ 141,000 | $ 185,000 |
| Pickens County South Carolina | 4 | $ 300,000 | $ 75,000 | $ 175,000 |
| Tarrant County Texas | 4 | $ 397,000 | $ 99,000 | $ 54,000 |
| Albemarle County Virginia | 4 | $ 718,000 | $ 179,000 | $ 70,000 |
| Caroline County Virginia | 4 | $ 717,000 | $ 179,000 | $ 251,000 |
| Mathews County Virginia | 4 | $ 1,144,000 | $ 286,000 | $ 102,000 |
| Powhatan County Virginia | 4 | $ 1,270,000 | $ 317,000 | $ 85,000 |
| Litchfield County Connecticut | 3 | $ 773,000 | $ 257,000 | $ 42,000 |
| Leon County Florida | 3 | $ 904,000 | $ 301,000 | $ 67,000 |
| Manatee County Florida | 3 | $ 542,000 | $ 180,000 | $ 64,000 |
| Nassau County Florida | 3 | $ 1,219,000 | $ 406,000 | $ 270,000 |
| Walton County Georgia | 3 | $ 552,000 | $ 184,000 | $ 131,000 |
| Talbot County Maryland | 3 | $ 660,000 | $ 220,000 | $ 27,000 |
| Worcester County Massachusetts | 3 | $ 637,000 | $ 212,000 | $ 105,000 |
| Gates County North Carolina | 3 | $ 554,000 | $ 184,000 | $ 52,000 |
| Sampson County North Carolina | 3 | $ 363,000 | $ 121,000 | $ 36,000 |
| Adams County Pennsylvania | 3 | $ 385,000 | $ 128,000 | $ 16,000 |
| Chester County Pennsylvania | 3 | $ 740,000 | $ 246,000 | $ 80,000 |
| Essex County Virginia | 3 | $ 471,000 | $ 157,000 | $ 56,000 |
| Goochland County Virginia | 3 | $ 959,000 | $ 319,000 | $ 158,000 |
| Louisa County Virginia | 3 | $ 899,000 | $ 299,000 | $ 178,000 |
| Petersburg County Virginia | 3 | $ 427,000 | $ 142,000 | $ 50,000 |
| Warren County Virginia | 3 | $ 535,000 | $ 178,000 | $ 75,000 |
| Pima County Arizona | 2 | $ 480,000 | $ 240,000 | $ 100,000 |
| Pulaski County Arkansas | 2 | $ 75,000 | $ 37,000 | $ 0 |
| Alameda County California | 2 | $ 1,514,000 | $ 757,000 | $ 291,000 |
| Kern County California | 2 | $ 1,287,000 | $ 643,000 | $ 280,000 |
| Los Angeles County California | 2 | $ 820,000 | $ 410,000 | $ 125,000 |
| San Bernardino County California | 2 | $ 612,000 | $ 306,000 | $ 131,000 |
| Arapahoe County Colorado | 2 | $ 740,000 | $ 370,000 | $ 302,000 |
| Denver County Colorado | 2 | $ 128,000 | $ 64,000 | $ 164,000 |
| Flagler County Florida | 2 | $ 460,000 | $ 230,000 | $ 91,000 |
| Hernando County Florida | 2 | $ 518,000 | $ 259,000 | $ 19,000 |
| Marion County Florida | 2 | $ 1,000,000 | $ 500,000 | $ 176,000 |
| Martin County Florida | 2 | $ 554,000 | $ 277,000 | $ 368,000 |
| Monroe County Florida | 2 | $ 632,000 | $ 316,000 | $ 460,000 |
| Sarasota County Florida | 2 | $ 454,000 | $ 227,000 | $ 128,000 |
| Cherokee County Georgia | 2 | $ 314,000 | $ 157,000 | $ 756,000 |
| Hamilton County Indiana | 2 | $ 580,000 | $ 290,000 | $ 600,000 |
| Garrett County Maryland | 2 | $ 199,000 | $ 99,000 | $ 72,000 |
| Somerset County Maryland | 2 | $ 83,000 | $ 41,000 | $ 0 |
| Berkshire County Massachusetts | 2 | $ 260,000 | $ 130,000 | $ 63,000 |
| Macomb County Michigan | 2 | $ 105,000 | $ 52,000 | $ 47,000 |
| Anoka County Minnesota | 2 | $ 235,000 | $ 117,000 | $ 85,000 |
| Dakota County Minnesota | 2 | $ 220,000 | $ 110,000 | $ 0 |
| Washington County Minnesota | 2 | $ 315,000 | $ 157,000 | $ 75,000 |
| Wright County Minnesota | 2 | $ 197,000 | $ 98,000 | $ 0 |
| Erie County New York | 2 | $ 220,000 | $ 110,000 | $ 0 |
| Kings County New York | 2 | $ 923,000 | $ 461,000 | $ 208,000 |
| Northampton County North Carolina | 2 | $ 315,000 | $ 157,000 | $ 205,000 |
| Union County North Carolina | 2 | $ 454,000 | $ 227,000 | $ 97,000 |
| Allegheny County Pennsylvania | 2 | $ 385,000 | $ 192,000 | $ 198,000 |
| Monroe County Pennsylvania | 2 | $ 814,000 | $ 407,000 | $ 283,000 |
| Beaufort County South Carolina | 2 | $ 855,000 | $ 427,000 | $ 177,000 |
| York County South Carolina | 2 | $ 703,000 | $ 351,000 | $ 387,000 |
| Carter County Tennessee | 2 | $ 214,000 | $ 107,000 | $ 94,000 |
| Shelby County Tennessee | 2 | $ 116,000 | $ 58,000 | $ 183,000 |
| Dallas County Texas | 2 | $ 181,000 | $ 90,000 | $ 0 |
| Augusta County Virginia | 2 | $ 231,000 | $ 115,000 | $ 55,000 |
| Cumberland County Virginia | 2 | $ 225,000 | $ 112,000 | $ 45,000 |
| Falls Church County Virginia | 2 | $ 1,187,000 | $ 593,000 | $ 364,000 |
| Greensville County Virginia | 2 | $ 248,000 | $ 124,000 | $ 227,000 |
| Lunenburg County Virginia | 2 | $ 92,000 | $ 46,000 | $ 34,000 |
| Nelson County Virginia | 2 | $ 1,488,000 | $ 744,000 | $ 98,000 |
| Orange County Virginia | 2 | $ 444,000 | $ 222,000 | $ 5,000 |
| Patrick County Virginia | 2 | $ 236,000 | $ 118,000 | $ 0 |
| Roanoke City County Virginia | 2 | $ 1,098,000 | $ 549,000 | $ 17,000 |
| Salem County Virginia | 2 | $ 295,000 | $ 147,000 | $ 0 |
| Sussex County Virginia | 2 | $ 199,000 | $ 99,000 | $ 54,000 |
| Sebastian County Arkansas | 1 | $ 97,000 | $ 97,000 | $ 237,000 |
| Santa Clara County California | 1 | $ 536,000 | $ 536,000 | $ 0 |
| Gilpin County Colorado | 1 | $ 238,000 | $ 238,000 | $ 100,000 |
| Larimer County Colorado | 1 | $ 140,000 | $ 140,000 | $ 94,000 |
| Las Animas County Colorado | 1 | $ 256,000 | $ 256,000 | $ 99,000 |
| New Haven County Connecticut | 1 | $ 156,000 | $ 156,000 | $ 0 |
| New Castle County Delaware | 1 | $ 220,000 | $ 220,000 | $ 54,000 |
| Bay County Florida | 1 | $ 285,000 | $ 285,000 | $ 186,000 |
| Charlotte County Florida | 1 | $ 194,000 | $ 194,000 | $ 112,000 |
| Escambia County Florida | 1 | $ 152,000 | $ 152,000 | $ 61,000 |
| Highlands County Florida | 1 | $ 161,000 | $ 161,000 | $ 78,000 |
| Union County Florida | 1 | $ 44,000 | $ 44,000 | $ 58,000 |
| Charlton County Georgia | 1 | $ 143,000 | $ 143,000 | $ 65,000 |
| Gwinnett County Georgia | 1 | $ 455,000 | $ 455,000 | $ 87,000 |
| Black Hawk County Iowa | 1 | $ 289,000 | $ 289,000 | $ 0 |
| Bourbon County Kentucky | 1 | $ 248,000 | $ 248,000 | $ 75,000 |
| Cecil County Maryland | 1 | $ 210,000 | $ 210,000 | $ 300,000 |
| Jackson County Missouri | 1 | $ 165,000 | $ 165,000 | $ 101,000 |
| St. Charles County Missouri | 1 | $ 119,000 | $ 119,000 | $ 180,000 |
| St. Louis City County Missouri | 1 | $ 379,000 | $ 379,000 | $ 102,000 |
| Sullivan County New Hampshire | 1 | $ 140,000 | $ 140,000 | $ 47,000 |
| Albany County New York | 1 | $ 286,000 | $ 286,000 | $ 130,000 |
| Jefferson County New York | 1 | $ 120,000 | $ 120,000 | $ 76,000 |
| Monroe County New York | 1 | $ 104,000 | $ 104,000 | $ 91,000 |
| Nassau County New York | 1 | $ 404,000 | $ 404,000 | $ 202,000 |
| New York County New York | 1 | $ 975,000 | $ 975,000 | $ 254,000 |
| Rensselaer County New York | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Cabarrus County North Carolina | 1 | $ 63,000 | $ 63,000 | $ 105,000 |
| Carteret County North Carolina | 1 | $ 550,000 | $ 550,000 | $ 233,000 |
| Craven County North Carolina | 1 | $ 173,000 | $ 173,000 | $ 50,000 |
| Cumberland County North Carolina | 1 | $ 42,000 | $ 42,000 | $ 114,000 |
| Davie County North Carolina | 1 | $ 91,000 | $ 91,000 | $ 187,000 |
| Durham County North Carolina | 1 | $ 370,000 | $ 370,000 | $ 100,000 |
| Edgecombe County North Carolina | 1 | $ 130,000 | $ 130,000 | $ 54,000 |
| Franklin County North Carolina | 1 | $ 116,000 | $ 116,000 | $ 181,000 |
| Granville County North Carolina | 1 | $ 176,000 | $ 176,000 | $ 83,000 |
| Hertford County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 73,000 |
| Johnston County North Carolina | 1 | $ 385,000 | $ 385,000 | $ 108,000 |
| New Hanover County North Carolina | 1 | $ 298,000 | $ 298,000 | $ 0 |
| Pamlico County North Carolina | 1 | $ 495,000 | $ 495,000 | $ 244,000 |
| Rowan County North Carolina | 1 | $ 98,000 | $ 98,000 | $ 61,000 |
| Warren County North Carolina | 1 | $ 180,000 | $ 180,000 | $ 181,000 |
| Cuyahoga County Ohio | 1 | $ 164,000 | $ 164,000 | $ 90,000 |
| Linn County Oregon | 1 | $ 140,000 | $ 140,000 | $ 44,000 |
| Marion County Oregon | 1 | $ 156,000 | $ 156,000 | $ 42,000 |
| Berks County Pennsylvania | 1 | $ 56,000 | $ 56,000 | $ 0 |
| Cambria County Pennsylvania | 1 | $ 138,000 | $ 138,000 | $ 40,000 |
| Franklin County Pennsylvania | 1 | $ 101,000 | $ 101,000 | $ 57,000 |
| Anderson County South Carolina | 1 | $ 108,000 | $ 108,000 | $ 62,000 |
| Lancaster County South Carolina | 1 | $ 392,000 | $ 392,000 | $ 89,000 |
| Oconee County South Carolina | 1 | $ 575,000 | $ 575,000 | $ 168,000 |
| Richland County South Carolina | 1 | $ 99,000 | $ 99,000 | $ 58,000 |
| Knox County Tennessee | 1 | $ 128,000 | $ 128,000 | $ 42,000 |
| Rutherford County Tennessee | 1 | $ 111,000 | $ 111,000 | $ 0 |
| Washington County Tennessee | 1 | $ 112,000 | $ 112,000 | $ 59,000 |
| Guadalupe County Texas | 1 | $ 80,000 | $ 80,000 | $ 168,000 |
| Hidalgo County Texas | 1 | $ 114,000 | $ 114,000 | $ 0 |
| Amelia County Virginia | 1 | $ 98,000 | $ 98,000 | $ 46,000 |
| Bath County Virginia | 1 | $ 82,000 | $ 82,000 | $ 104,000 |
| Bedford County Virginia | 1 | $ 430,000 | $ 430,000 | $ 240,000 |
| Brunswick County Virginia | 1 | $ 165,000 | $ 165,000 | $ 45,000 |
| Fluvanna County Virginia | 1 | $ 135,000 | $ 135,000 | $ 60,000 |
| Fredericksburg County Virginia | 1 | $ 533,000 | $ 533,000 | $ 110,000 |
| Greene County Virginia | 1 | $ 125,000 | $ 125,000 | $ 30,000 |
| Lynchburg County Virginia | 1 | $ 169,000 | $ 169,000 | $ 74,000 |
| Mecklenburg County Virginia | 1 | $ 150,000 | $ 150,000 | $ 84,000 |
| Northumberland County Virginia | 1 | $ 590,000 | $ 590,000 | $ 340,000 |
| Pittsylvania County Virginia | 1 | $ 76,000 | $ 76,000 | $ 31,000 |
| Richmond County Virginia | 1 | $ 200,000 | $ 200,000 | $ 77,000 |
| Roanoke County Virginia | 1 | $ 124,000 | $ 124,000 | $ 60,000 |
| Rockbridge County Virginia | 1 | $ 168,000 | $ 168,000 | $ 101,000 |
| Rockingham County Virginia | 1 | $ 162,000 | $ 162,000 | $ 1,321,000 |
| Shenandoah County Virginia | 1 | $ 156,000 | $ 156,000 | $ 174,000 |
| Waynesboro County Virginia | 1 | $ 55,000 | $ 55,000 | $ 118,000 |
| Winchester County Virginia | 1 | $ 140,000 | $ 140,000 | $ 49,000 |
| King County Washington | 1 | $ 55,000 | $ 55,000 | $ 53,000 |
| Hampshire County West Virginia | 1 | $ 241,000 | $ 241,000 | $ 85,000 |
| Randolph County West Virginia | 1 | $ 320,000 | $ 320,000 | $ 144,000 |
| Taylor County West Virginia | 1 | $ 160,000 | $ 160,000 | $ 108,000 |
| Walworth County Wisconsin | 1 | $ 214,000 | $ 214,000 | $ 74,000 |
Mortgage Loan Application Detail Totals for Resource Bank in 2007
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 | 2,962 | $642,834,000 | $217,000 | $2,500,000 | $93,000 | $1,538,000 |
| Refinancing | 1,355 | $372,514,000 | $274,000 | $4,160,000 | $127,000 | $3,234,000 |
| Home Improvement | 17 | $3,261,000 | $191,000 | $470,000 | $104,000 | $300,000 |
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 | 2,491 | $589,472,000 | $236,000 | $3,445,000 | $113,000 | $3,234,000 |
| Black or African American | 936 | $220,383,000 | $235,000 | $2,500,000 | $91,000 | $675,000 |
| Hispanic | 603 | $127,782,000 | $211,000 | $1,528,000 | $78,000 | $540,000 |
| Not Provided | 173 | $45,152,000 | $260,000 | $1,200,000 | $121,000 | $1,321,000 |
| Asian | 82 | $20,326,000 | $247,000 | $975,000 | $117,000 | $1,287,000 |
| Native Hawaiian or Other Pacific Islander | 28 | $5,765,000 | $205,000 | $650,000 | $102,000 | $430,000 |
| American Indian or Alaskan Native | 16 | $4,234,000 | $264,000 | $731,000 | $124,000 | $295,000 |
| Not applicable | 5 | $5,495,000 | $1,099,000 | $4,160,000 | $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) | 3,894 | $922,189,000 | $236,000 | $4,160,000 | $108,000 | $3,234,000 |
| FHA-insured (Federal Housing Administration) | 239 | $46,142,000 | $193,000 | $411,000 | $68,000 | $391,000 |
| VA-guaranteed (Veterans Administration) | 201 | $50,278,000 | $250,000 | $601,000 | $70,000 | $177,000 |
| 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 | 3,080 | $717,450,000 | $232,000 | $4,160,000 | $103,000 | $3,234,000 |
| Application Approved But Not Accepted | 489 | $118,483,000 | $242,000 | $2,600,000 | $111,000 | $1,140,000 |
| Application Withdrawn By Applicant | 349 | $85,298,000 | $244,000 | $3,445,000 | $112,000 | $1,020,000 |
| Loan Purchased By The Institution | 244 | $53,984,000 | $221,000 | $1,528,000 | $85,000 | $437,000 |
| Application Denied By Financial Institution | 165 | $39,378,000 | $238,000 | $1,500,000 | $108,000 | $600,000 |
| File Closed For Incompleteness | 7 | $4,016,000 | $573,000 | $2,000,000 | $225,000 | $849,000 |
| 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 | 43 | $8,302,000 | $193,000 | $640,000 | $110,000 | $340,000 |
| Other | 43 | $12,846,000 | $298,000 | $1,500,000 | $161,000 | $600,000 |
| Unverifiable Information | 20 | $6,457,000 | $322,000 | $864,000 | $112,000 | $312,000 |
| Credit History | 20 | $4,364,000 | $218,000 | $525,000 | $74,000 | $258,000 |
| Debt-To-Income Ratio | 17 | $2,843,000 | $167,000 | $348,000 | $61,000 | $315,000 |
| Employment History | 7 | $1,787,000 | $255,000 | $395,000 | $63,000 | $132,000 |
| Credit Application Incomplete | 5 | $956,000 | $191,000 | $320,000 | $83,000 | $108,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $654,000 | $163,000 | $209,000 | $68,000 | $76,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Resource Bank's 2007 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.
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with aggregated HMDA statistics today.