Riggs Bank Na
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Riggs Bank Na 2003 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 | Riggs Bank Na 808 17Th Street N.W. Washington, DC 20006 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2004 2003 |
| Total Number of Mortgage Applications | 2,680 |
| Total Mortgage Loan Application Amount | $710,197,000 |
| Average Mortgage Loan Application Amount | $397,375 |
| Highest Mortgage Loan Application Amount | $2,643,000 |
| Average Applicant Income | $26,100 |
| Highest Applicant Income | $1,852,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Riggs Bank Na. 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 Riggs Bank Na's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Riggs Bank Na'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 Riggs Bank Na serves its applicants.
Each category highlights the total number of mortgage applications processed by Riggs Bank Na, 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 Riggs Bank Na's mortgage activity for 2003.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Fairfax County Virginia | 689 | $ 147,925,000 | $ 214,000 | $ 77,000 |
| District of Columbia County District Of Columbia | 415 | $ 110,092,000 | $ 265,000 | $ 145,000 |
| Montgomery County Maryland | 375 | $ 99,599,000 | $ 265,000 | $ 90,000 |
| Prince George's County Maryland | 168 | $ 23,721,000 | $ 141,000 | $ 65,000 |
| Arlington County Virginia | 153 | $ 32,463,000 | $ 212,000 | $ 82,000 |
| Alexandria County Virginia | 121 | $ 30,235,000 | $ 249,000 | $ 89,000 |
| Prince William County Virginia | 114 | $ 19,610,000 | $ 172,000 | $ 81,000 |
| Loudoun County Virginia | 72 | $ 19,303,000 | $ 268,000 | $ 88,000 |
| Anne Arundel County Maryland | 27 | $ 9,701,000 | $ 359,000 | $ 213,000 |
| Howard County Maryland | 16 | $ 3,935,000 | $ 245,000 | $ 88,000 |
| Stafford County Virginia | 12 | $ 1,737,000 | $ 144,000 | $ 82,000 |
| Frederick County Maryland | 10 | $ 1,591,000 | $ 159,000 | $ 75,000 |
| Fairfax City County Virginia | 10 | $ 1,554,000 | $ 155,000 | $ 79,000 |
| Fairfield County Connecticut | 9 | $ 5,295,000 | $ 588,000 | $ 0 |
| Manassas Park County Virginia | 8 | $ 995,000 | $ 124,000 | $ 78,000 |
| Baltimore County Maryland | 7 | $ 2,480,000 | $ 354,000 | $ 103,000 |
| Calvert County Maryland | 7 | $ 1,378,000 | $ 196,000 | $ 156,000 |
| Morris County New Jersey | 7 | $ 3,434,000 | $ 490,000 | $ 0 |
| Fulton County Georgia | 6 | $ 2,714,000 | $ 452,000 | $ 77,000 |
| Fauquier County Virginia | 6 | $ 2,234,000 | $ 372,000 | $ 157,000 |
| Manassas County Virginia | 6 | $ 824,000 | $ 137,000 | $ 55,000 |
| Baltimore City County Maryland | 5 | $ 777,000 | $ 155,000 | $ 40,000 |
| Carroll County Maryland | 5 | $ 1,419,000 | $ 283,000 | $ 57,000 |
| Middlesex County Massachusetts | 5 | $ 1,877,000 | $ 375,000 | $ 0 |
| Nassau County New York | 5 | $ 2,552,000 | $ 510,000 | $ 0 |
| Falls Church County Virginia | 5 | $ 1,313,000 | $ 262,000 | $ 108,000 |
| Rappahannock County Virginia | 5 | $ 1,573,000 | $ 314,000 | $ 164,000 |
| Spotsylvania County Virginia | 5 | $ 1,371,000 | $ 274,000 | $ 157,000 |
| Mecklenburg County North Carolina | 4 | $ 1,603,000 | $ 400,000 | $ 0 |
| Hartford County Connecticut | 3 | $ 1,415,000 | $ 471,000 | $ 0 |
| Lake County Florida | 3 | $ 342,000 | $ 114,000 | $ 0 |
| Miami-Dade County Florida | 3 | $ 1,568,000 | $ 522,000 | $ 0 |
| Charles County Maryland | 3 | $ 678,000 | $ 226,000 | $ 103,000 |
| Norfolk County Massachusetts | 3 | $ 1,576,000 | $ 525,000 | $ 0 |
| Monmouth County New Jersey | 3 | $ 1,297,000 | $ 432,000 | $ 0 |
| Somerset County New Jersey | 3 | $ 1,886,000 | $ 628,000 | $ 0 |
| Union County New Jersey | 3 | $ 1,091,000 | $ 363,000 | $ 0 |
| Westchester County New York | 3 | $ 1,184,000 | $ 394,000 | $ 0 |
| Culpeper County Virginia | 3 | $ 568,000 | $ 189,000 | $ 79,000 |
| Pinellas County Florida | 2 | $ 844,000 | $ 422,000 | $ 0 |
| Cobb County Georgia | 2 | $ 626,000 | $ 313,000 | $ 0 |
| DeKalb County Georgia | 2 | $ 715,000 | $ 357,000 | $ 0 |
| Talbot County Maryland | 2 | $ 1,544,000 | $ 772,000 | $ 195,000 |
| Plymouth County Massachusetts | 2 | $ 1,060,000 | $ 530,000 | $ 0 |
| Suffolk County Massachusetts | 2 | $ 1,076,000 | $ 538,000 | $ 0 |
| Rockingham County New Hampshire | 2 | $ 782,000 | $ 391,000 | $ 0 |
| Essex County New Jersey | 2 | $ 749,000 | $ 374,000 | $ 0 |
| Delaware County Pennsylvania | 2 | $ 821,000 | $ 410,000 | $ 0 |
| Philadelphia County Pennsylvania | 2 | $ 514,000 | $ 257,000 | $ 27,000 |
| Northumberland County Virginia | 2 | $ 345,000 | $ 172,000 | $ 67,000 |
| Winchester County Virginia | 2 | $ 152,000 | $ 76,000 | $ 65,000 |
| Maricopa County Arizona | 1 | $ 833,000 | $ 833,000 | $ 0 |
| San Diego County California | 1 | $ 596,000 | $ 596,000 | $ 0 |
| Sonoma County California | 1 | $ 329,000 | $ 329,000 | $ 0 |
| Middlesex County Connecticut | 1 | $ 605,000 | $ 605,000 | $ 0 |
| Alachua County Florida | 1 | $ 432,000 | $ 432,000 | $ 0 |
| Broward County Florida | 1 | $ 280,000 | $ 280,000 | $ 0 |
| Collier County Florida | 1 | $ 468,000 | $ 468,000 | $ 0 |
| Indian River County Florida | 1 | $ 328,000 | $ 328,000 | $ 0 |
| Lee County Florida | 1 | $ 340,000 | $ 340,000 | $ 0 |
| Orange County Florida | 1 | $ 137,000 | $ 137,000 | $ 0 |
| Palm Beach County Florida | 1 | $ 200,000 | $ 200,000 | $ 0 |
| Sarasota County Florida | 1 | $ 468,000 | $ 468,000 | $ 0 |
| Gwinnett County Georgia | 1 | $ 278,000 | $ 278,000 | $ 0 |
| Pickens County Georgia | 1 | $ 489,000 | $ 489,000 | $ 0 |
| Garrett County Maryland | 1 | $ 323,000 | $ 323,000 | $ 775,000 |
| Worcester County Maryland | 1 | $ 141,000 | $ 141,000 | $ 73,000 |
| Barnstable County Massachusetts | 1 | $ 359,000 | $ 359,000 | $ 0 |
| Essex County Massachusetts | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Nantucket County Massachusetts | 1 | $ 945,000 | $ 945,000 | $ 0 |
| Oakland County Michigan | 1 | $ 476,000 | $ 476,000 | $ 0 |
| Hennepin County Minnesota | 1 | $ 400,000 | $ 400,000 | $ 0 |
| Douglas County Nevada | 1 | $ 480,000 | $ 480,000 | $ 0 |
| Hillsborough County New Hampshire | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Bergen County New Jersey | 1 | $ 910,000 | $ 910,000 | $ 0 |
| Hunterdon County New Jersey | 1 | $ 400,000 | $ 400,000 | $ 0 |
| Mercer County New Jersey | 1 | $ 625,000 | $ 625,000 | $ 0 |
| Middlesex County New Jersey | 1 | $ 350,000 | $ 350,000 | $ 0 |
| Ocean County New Jersey | 1 | $ 329,000 | $ 329,000 | $ 0 |
| Warren County New Jersey | 1 | $ 470,000 | $ 470,000 | $ 0 |
| New York County New York | 1 | $ 383,000 | $ 383,000 | $ 0 |
| Suffolk County New York | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Buncombe County North Carolina | 1 | $ 431,000 | $ 431,000 | $ 0 |
| New Hanover County North Carolina | 1 | $ 489,000 | $ 489,000 | $ 0 |
| Union County North Carolina | 1 | $ 376,000 | $ 376,000 | $ 0 |
| Wake County North Carolina | 1 | $ 390,000 | $ 390,000 | $ 0 |
| Yancey County North Carolina | 1 | $ 520,000 | $ 520,000 | $ 0 |
| Allegheny County Pennsylvania | 1 | $ 404,000 | $ 404,000 | $ 0 |
| Chester County Pennsylvania | 1 | $ 394,000 | $ 394,000 | $ 0 |
| Washington County Rhode Island | 1 | $ 356,000 | $ 356,000 | $ 0 |
| Charleston County South Carolina | 1 | $ 600,000 | $ 600,000 | $ 0 |
| Frederick County Virginia | 1 | $ 200,000 | $ 200,000 | $ 84,000 |
| Henrico County Virginia | 1 | $ 343,000 | $ 343,000 | $ 0 |
| Louisa County Virginia | 1 | $ 700,000 | $ 700,000 | $ 200,000 |
| Nelson County Virginia | 1 | $ 122,000 | $ 122,000 | $ 209,000 |
| Newport News County Virginia | 1 | $ 100,000 | $ 100,000 | $ 69,000 |
| Richmond City County Virginia | 1 | $ 396,000 | $ 396,000 | $ 180,000 |
| Shenandoah County Virginia | 1 | $ 145,000 | $ 145,000 | $ 143,000 |
| San Juan County Washington | 1 | $ 704,000 | $ 704,000 | $ 0 |
| Adams County Wisconsin | 1 | $ 227,000 | $ 227,000 | $ 0 |
| Teton County Wyoming | 1 | $ 830,000 | $ 830,000 | $ 0 |
Mortgage Loan Application Detail Totals for Riggs Bank Na 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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 1,606 | $468,959,000 | $453,000 | $2,643,000 | $16,900 | $1,852,000 |
| Home Purchase (one-to-four family) | 1,062 | $240,946,000 | $397,470 | $1,330,000 | $21,823 | $1,800,000 |
| Home Improvement (one-to-four family) | 12 | $292,000 | $26,000 | $96,000 | $111,666 | $502,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 0 | $0 | $0 | $0 | $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 | 1,327 | $321,030,000 | $213,800 | $2,250,000 | $140,600 | $1,800,000 |
| Not applicable | 522 | $234,279,000 | $482,521 | $1,000,000 | $21,739 | $1,852,000 |
| Black | 313 | $50,754,000 | $159,000 | $1,000,000 | $73,333 | $929,000 |
| Information not provided by applicant in mail or telephone application | 173 | $39,987,000 | $230,666 | $2,643,000 | $118,666 | $1,453,000 |
| Hispanic | 149 | $26,232,000 | $199,666 | $600,000 | $67,000 | $203,000 |
| Asian or Pacific Islander | 100 | $19,605,000 | $188,333 | $825,000 | $95,666 | $518,000 |
| Other | 94 | $18,003,000 | $177,666 | $670,000 | $85,000 | $412,000 |
| American Indian or Alaskan Native | 2 | $307,000 | $153,000 | $175,000 | $71,000 | $98,000 |
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) | 2,596 | $695,934,000 | $451,347 | $2,643,000 | $16,695 | $1,852,000 |
| FHA-insured (Federal Housing Administration) | 70 | $11,699,000 | $152,333 | $274,000 | $50,666 | $157,000 |
| VA-guaranteed (Veterans Administration) | 14 | $2,564,000 | $179,000 | $282,000 | $46,000 | $120,000 |
| 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 | 1,830 | $405,848,000 | $231,666 | $2,643,000 | $129,333 | $1,852,000 |
| Loan Purchased By The Institution | 516 | $233,174,000 | $483,913 | $1,000,000 | $0 | $0 |
| Application Withdrawn By Applicant | 146 | $33,021,000 | $198,500 | $1,000,000 | $95,750 | $1,800,000 |
| Application Approved But Not Accepted | 97 | $20,905,000 | $213,666 | $1,000,000 | $111,333 | $518,000 |
| Application Denied By Financial Institution | 74 | $13,824,000 | $183,250 | $900,000 | $113,500 | $233,000 |
| File Closed For Incompleteness | 17 | $3,425,000 | $218,000 | $451,000 | $94,000 | $300,000 |
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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 34 | $7,130,000 | $209,333 | $874,000 | $56,666 | $220,000 |
| Credit History | 17 | $2,206,000 | $130,666 | $360,000 | $72,666 | $146,000 |
| Collateral | 15 | $3,549,000 | $216,000 | $900,000 | $136,750 | $233,000 |
| Other | 4 | $652,000 | $162,500 | $314,000 | $101,500 | $127,000 |
| Unverifiable Information | 2 | $181,000 | $90,000 | $146,000 | $83,000 | $124,000 |
| Employment History | 2 | $106,000 | $53,000 | $85,000 | $38,000 | $38,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Riggs Bank Na'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 Riggs Bank Na'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 District Of Columbia, download the full spreadsheet
with aggregated HMDA statistics today.