Resource Bank
Mortgage Loan Application
Totals and Details
for 2007

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 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

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 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

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 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

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