Summit Mortgage
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Summit Mortgage 2004 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 | Summit Mortgage 510 Independence Parkway, Suite 200 Chesapeake, VA 23320 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 |
| Total Number of Mortgage Applications | 10,908 |
| Total Mortgage Loan Application Amount | $848,755,000 |
| Average Mortgage Loan Application Amount | $106,031 |
| Highest Mortgage Loan Application Amount | $1,105,000 |
| Average Applicant Income | $71,015 |
| Highest Applicant Income | $1,488,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 with Summit Mortgage. 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 Summit Mortgage's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2004 breaks down Summit Mortgage'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 Summit Mortgage serves its applicants.
Each category highlights the total number of mortgage applications processed by Summit Mortgage, 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 Summit Mortgage's mortgage activity for 2004.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| WARREN-FARMINGTON HILLS-TROY, MI | 294 | $ 24,301,000 | $ 82,000 | $ 78,000 |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI | 243 | $ 21,510,000 | $ 88,000 | $ 66,000 |
| BALTIMORE-TOWSON, MD | 216 | $ 22,372,000 | $ 103,000 | $ 72,000 |
| PHOENIX-MESA-SCOTTSDALE, AZ | 207 | $ 17,596,000 | $ 85,000 | $ 59,000 |
| COLUMBUS, OH | 185 | $ 12,225,000 | $ 66,000 | $ 68,000 |
| PHILADELPHIA, PA | 185 | $ 17,017,000 | $ 91,000 | $ 77,000 |
| PITTSBURGH, PA | 182 | $ 11,217,000 | $ 61,000 | $ 61,000 |
| SEATTLE-BELLEVUE-EVERETT, WA | 169 | $ 17,552,000 | $ 103,000 | $ 66,000 |
| CLEVELAND-ELYRIA-MENTOR, OH | 168 | $ 12,867,000 | $ 76,000 | $ 70,000 |
| CINCINNATI-MIDDLETOWN, OH-KY-IN | 162 | $ 11,573,000 | $ 71,000 | $ 73,000 |
| INDIANAPOLIS, IN | 160 | $ 10,321,000 | $ 64,000 | $ 66,000 |
| DETROIT-LIVONIA-DEARBORN, MI | 147 | $ 9,856,000 | $ 67,000 | $ 66,000 |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 140 | $ 10,719,000 | $ 76,000 | $ 59,000 |
| SALT LAKE CITY, UT | 127 | $ 9,294,000 | $ 73,000 | $ 68,000 |
| ST. LOUIS, MO-IL | 125 | $ 9,218,000 | $ 73,000 | $ 62,000 |
| RICHMOND, VA | 117 | $ 7,827,000 | $ 66,000 | $ 56,000 |
| LAS VEGAS-PARADISE, NV | 114 | $ 13,005,000 | $ 114,000 | $ 60,000 |
| HARTFORD-WEST HARTFORD-EAST HARTFORD, CT | 109 | $ 10,140,000 | $ 93,000 | $ 68,000 |
| MILWAUKEE-WAUKESHA-WEST ALLIS, WI | 104 | $ 7,147,000 | $ 68,000 | $ 63,000 |
| KANSAS CITY, MO-KS | 98 | $ 6,715,000 | $ 68,000 | $ 62,000 |
| NEW ORLEANS-METAIRIE-KENNER, LA | 91 | $ 6,629,000 | $ 72,000 | $ 61,000 |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ | 82 | $ 5,947,000 | $ 72,000 | $ 62,000 |
| TACOMA, WA | 79 | $ 5,959,000 | $ 75,000 | $ 69,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 78 | $ 5,775,000 | $ 74,000 | $ 63,000 |
| HARRISBURG-CARLISLE, PA | 76 | $ 4,862,000 | $ 63,000 | $ 60,000 |
| AKRON, OH | 75 | $ 4,685,000 | $ 62,000 | $ 61,000 |
| OKLAHOMA CITY, OK | 73 | $ 5,611,000 | $ 76,000 | $ 66,000 |
| PORTLAND-VANCOUVER-BEAVERTON, OR-WA | 73 | $ 6,823,000 | $ 93,000 | $ 61,000 |
| OGDEN-CLEARFIELD, UT | 72 | $ 4,784,000 | $ 66,000 | $ 65,000 |
| BOISE CITY-NAMPA, ID | 70 | $ 4,132,000 | $ 59,000 | $ 60,000 |
| LANCASTER, PA | 70 | $ 4,516,000 | $ 64,000 | $ 59,000 |
| TULSA, OK | 70 | $ 4,520,000 | $ 64,000 | $ 69,000 |
| GARY, IN | 69 | $ 4,708,000 | $ 68,000 | $ 65,000 |
| CHARLESTON, WV | 67 | $ 8,732,000 | $ 130,000 | $ 107,000 |
| OMAHA-COUNCIL BLUFFS, NE-IA | 63 | $ 3,799,000 | $ 60,000 | $ 67,000 |
| BETHESDA-FREDERICK-GAITHERSBURG, MD | 62 | $ 9,305,000 | $ 150,000 | $ 80,000 |
| GRAND RAPIDS-WYOMING, MI | 58 | $ 3,457,000 | $ 59,000 | $ 60,000 |
| MADISON, WI | 57 | $ 4,369,000 | $ 76,000 | $ 63,000 |
| SCRANTON--WILKES-BARRE, PA | 57 | $ 3,513,000 | $ 61,000 | $ 43,000 |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA | 57 | $ 3,795,000 | $ 66,000 | $ 52,000 |
| JACKSONVILLE, FL | 56 | $ 3,954,000 | $ 70,000 | $ 65,000 |
| TUCSON, AZ | 56 | $ 4,024,000 | $ 71,000 | $ 59,000 |
| NEW HAVEN-MILFORD, CT | 55 | $ 4,809,000 | $ 87,000 | $ 68,000 |
| PROVO-OREM, UT | 55 | $ 3,457,000 | $ 62,000 | $ 68,000 |
| BRIDGEPORT-STAMFORD-NORWALK, CT | 53 | $ 5,759,000 | $ 108,000 | $ 70,000 |
| CANTON-MASSILLON, OH | 53 | $ 3,520,000 | $ 66,000 | $ 69,000 |
| DES MOINES, IA | 53 | $ 3,066,000 | $ 57,000 | $ 66,000 |
| PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA | 53 | $ 6,304,000 | $ 118,000 | $ 67,000 |
| READING, PA | 52 | $ 3,622,000 | $ 69,000 | $ 60,000 |
| YORK-HANOVER, PA | 52 | $ 3,243,000 | $ 62,000 | $ 69,000 |
| FLINT, MI | 50 | $ 3,611,000 | $ 72,000 | $ 65,000 |
| ORLANDO, FL | 50 | $ 4,260,000 | $ 85,000 | $ 67,000 |
| WICHITA, KS | 50 | $ 3,113,000 | $ 62,000 | $ 58,000 |
| DAYTON, OH | 47 | $ 3,062,000 | $ 65,000 | $ 63,000 |
| WILMINGTON, DE-MD-NJ | 46 | $ 3,862,000 | $ 83,000 | $ 58,000 |
| BATON ROUGE, LA | 41 | $ 3,050,000 | $ 74,000 | $ 64,000 |
| TOLEDO, OH | 39 | $ 2,817,000 | $ 72,000 | $ 65,000 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 38 | $ 4,377,000 | $ 115,000 | $ 92,000 |
| ROANOKE, VA | 34 | $ 2,531,000 | $ 74,000 | $ 55,000 |
| FORT WAYNE, IN | 33 | $ 1,728,000 | $ 52,000 | $ 53,000 |
| LANSING-EAST LANSING, MI | 32 | $ 2,207,000 | $ 68,000 | $ 67,000 |
| SPOKANE, WA | 32 | $ 1,878,000 | $ 58,000 | $ 74,000 |
| SPRINGFIELD, MO | 32 | $ 2,013,000 | $ 62,000 | $ 64,000 |
| SOUTH BEND-MISHAWAKA, IN-MI | 31 | $ 2,245,000 | $ 72,000 | $ 67,000 |
| JACKSON, MS | 29 | $ 1,721,000 | $ 59,000 | $ 62,000 |
| KALAMAZOO-PORTAGE, MI | 29 | $ 2,207,000 | $ 76,000 | $ 55,000 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 28 | $ 3,402,000 | $ 121,000 | $ 95,000 |
| SHREVEPORT-BOSSIER CITY, LA | 28 | $ 2,125,000 | $ 75,000 | $ 48,000 |
| ERIE, PA | 27 | $ 1,374,000 | $ 50,000 | $ 48,000 |
| EVANSVILLE, IN-KY | 27 | $ 1,343,000 | $ 49,000 | $ 55,000 |
| SPRINGFIELD, OH | 27 | $ 1,597,000 | $ 59,000 | $ 59,000 |
| WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL | 27 | $ 2,960,000 | $ 109,000 | $ 86,000 |
| ANCHORAGE, AK | 26 | $ 2,248,000 | $ 86,000 | $ 67,000 |
| ELKHART-GOSHEN, IN | 26 | $ 1,763,000 | $ 67,000 | $ 52,000 |
| HOLLAND-GRAND HAVEN, MI | 26 | $ 1,925,000 | $ 74,000 | $ 62,000 |
| LYNCHBURG, VA | 26 | $ 1,469,000 | $ 56,000 | $ 47,000 |
| NORWICH-NEW LONDON, CT | 26 | $ 1,856,000 | $ 71,000 | $ 68,000 |
| JACKSON, MI | 25 | $ 1,558,000 | $ 62,000 | $ 56,000 |
| YAKIMA, WA | 25 | $ 1,622,000 | $ 64,000 | $ 59,000 |
| SIOUX FALLS, SD | 24 | $ 2,123,000 | $ 88,000 | $ 78,000 |
| MUSKEGON-NORTON SHORES, MI | 23 | $ 1,301,000 | $ 56,000 | $ 60,000 |
| ANN ARBOR, MI | 22 | $ 1,916,000 | $ 87,000 | $ 93,000 |
| EAU CLAIRE, WI | 22 | $ 1,349,000 | $ 61,000 | $ 49,000 |
| GREEN BAY, WI | 22 | $ 1,143,000 | $ 51,000 | $ 59,000 |
| SALEM, OR | 22 | $ 1,814,000 | $ 82,000 | $ 61,000 |
| TOPEKA, KS | 22 | $ 1,351,000 | $ 61,000 | $ 53,000 |
| CEDAR RAPIDS, IA | 21 | $ 1,367,000 | $ 65,000 | $ 63,000 |
| HOUMA-BAYOU CANE-THIBODAUX, LA | 21 | $ 1,403,000 | $ 66,000 | $ 71,000 |
| KENNEWICK-RICHLAND-PASCO, WA | 21 | $ 1,571,000 | $ 74,000 | $ 58,000 |
| LAKE CHARLES, LA | 21 | $ 1,236,000 | $ 58,000 | $ 57,000 |
| GULFPORT-BILOXI, MS | 20 | $ 1,031,000 | $ 51,000 | $ 62,000 |
| JANESVILLE, WI | 20 | $ 1,043,000 | $ 52,000 | $ 62,000 |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL | 19 | $ 789,000 | $ 41,000 | $ 55,000 |
| MONROE, MI | 19 | $ 1,198,000 | $ 63,000 | $ 59,000 |
| RENO-SPARKS, NV | 19 | $ 1,971,000 | $ 103,000 | $ 64,000 |
| WAUSAU, WI | 19 | $ 1,230,000 | $ 64,000 | $ 56,000 |
| APPLETON, WI | 18 | $ 909,000 | $ 50,000 | $ 57,000 |
| BISMARCK, ND | 18 | $ 881,000 | $ 48,000 | $ 49,000 |
| CHEYENNE, WY | 18 | $ 1,187,000 | $ 65,000 | $ 65,000 |
| JOHNSTOWN, PA | 18 | $ 951,000 | $ 52,000 | $ 55,000 |
| LAFAYETTE, LA | 18 | $ 1,318,000 | $ 73,000 | $ 76,000 |
| MUNCIE, IN | 18 | $ 997,000 | $ 55,000 | $ 61,000 |
| OSHKOSH-NEENAH, WI | 18 | $ 921,000 | $ 51,000 | $ 57,000 |
| BOSTON-QUINCY, MA | 17 | $ 3,618,000 | $ 212,000 | $ 65,000 |
| DOVER, DE | 17 | $ 1,072,000 | $ 63,000 | $ 67,000 |
| LINCOLN, NE | 17 | $ 1,047,000 | $ 61,000 | $ 52,000 |
| PORT ST. LUCIE-FORT PIERCE, FL | 17 | $ 1,216,000 | $ 71,000 | $ 43,000 |
| SAGINAW-SAGINAW TOWNSHIP NORTH, MI | 17 | $ 901,000 | $ 53,000 | $ 65,000 |
| ST. CLOUD, MN | 17 | $ 1,108,000 | $ 65,000 | $ 71,000 |
| DULUTH, MN-WI | 16 | $ 1,024,000 | $ 64,000 | $ 49,000 |
| HAGERSTOWN-MARTINSBURG, MD-WV | 16 | $ 1,245,000 | $ 77,000 | $ 63,000 |
| ROCHESTER, NY | 16 | $ 1,725,000 | $ 107,000 | $ 67,000 |
| FARGO, ND-MN | 15 | $ 975,000 | $ 65,000 | $ 64,000 |
| IOWA CITY, IA | 15 | $ 1,145,000 | $ 76,000 | $ 80,000 |
| JOPLIN, MO | 15 | $ 1,080,000 | $ 72,000 | $ 38,000 |
| OLYMPIA, WA | 15 | $ 1,041,000 | $ 69,000 | $ 57,000 |
| ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH | 15 | $ 1,373,000 | $ 91,000 | $ 77,000 |
| BREMERTON-SILVERDALE, WA | 14 | $ 1,032,000 | $ 73,000 | $ 72,000 |
| CHICAGO-NAPERVILLE-JOLIET, IL | 14 | $ 3,818,000 | $ 272,000 | $ 88,000 |
| NILES-BENTON HARBOR, MI | 14 | $ 952,000 | $ 68,000 | $ 62,000 |
| PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME | 14 | $ 1,225,000 | $ 87,000 | $ 84,000 |
| RACINE, WI | 14 | $ 758,000 | $ 54,000 | $ 46,000 |
| CAPE CORAL-FORT MYERS, FL | 13 | $ 910,000 | $ 70,000 | $ 73,000 |
| CASPER, WY | 13 | $ 867,000 | $ 66,000 | $ 50,000 |
| NAPLES-MARCO ISLAND, FL | 13 | $ 1,502,000 | $ 115,000 | $ 73,000 |
| ROCHESTER, MN | 13 | $ 605,000 | $ 46,000 | $ 73,000 |
| ATLANTA-SANDY SPRINGS-MARIETTA, GA | 12 | $ 2,463,000 | $ 205,000 | $ 80,000 |
| BAY CITY, MI | 12 | $ 654,000 | $ 54,000 | $ 52,000 |
| DENVER-AURORA, CO | 12 | $ 1,167,000 | $ 97,000 | $ 69,000 |
| LEBANON, PA | 12 | $ 713,000 | $ 59,000 | $ 51,000 |
| LIMA, OH | 12 | $ 714,000 | $ 59,000 | $ 44,000 |
| NEW YORK-WAYNE-WHITE PLAINS, NY-NJ | 12 | $ 3,216,000 | $ 268,000 | $ 63,000 |
| SARASOTA-BRADENTON-VENICE, FL | 12 | $ 1,644,000 | $ 137,000 | $ 84,000 |
| ALTOONA, PA | 11 | $ 454,000 | $ 41,000 | $ 55,000 |
| DUBUQUE, IA | 11 | $ 673,000 | $ 61,000 | $ 46,000 |
| KOKOMO, IN | 11 | $ 677,000 | $ 61,000 | $ 54,000 |
| MANCHESTER-NASHUA, NH | 11 | $ 1,228,000 | $ 111,000 | $ 77,000 |
| NEWARK-UNION, NJ-PA | 11 | $ 3,149,000 | $ 286,000 | $ 110,000 |
| PASCAGOULA, MS | 11 | $ 738,000 | $ 67,000 | $ 67,000 |
| TALLAHASSEE, FL | 11 | $ 605,000 | $ 55,000 | $ 66,000 |
| ANDERSON, IN | 10 | $ 583,000 | $ 58,000 | $ 55,000 |
| CAMBRIDGE-NEWTON-FRAMINGHAM, MA | 10 | $ 2,052,000 | $ 205,000 | $ 111,000 |
| COLUMBIA, MO | 10 | $ 910,000 | $ 91,000 | $ 55,000 |
| EUGENE-SPRINGFIELD, OR | 10 | $ 576,000 | $ 57,000 | $ 42,000 |
| LA CROSSE, WI-MN | 10 | $ 853,000 | $ 85,000 | $ 64,000 |
| LAFAYETTE, IN | 10 | $ 742,000 | $ 74,000 | $ 51,000 |
| LAWTON, OK | 10 | $ 424,000 | $ 42,000 | $ 54,000 |
| LOUISVILLE, KY-IN | 10 | $ 945,000 | $ 94,000 | $ 89,000 |
| OCALA, FL | 10 | $ 902,000 | $ 90,000 | $ 63,000 |
| PENSACOLA-FERRY PASS-BRENT, FL | 10 | $ 780,000 | $ 78,000 | $ 45,000 |
| SHEBOYGAN, WI | 10 | $ 473,000 | $ 47,000 | $ 52,000 |
| WILLIAMSPORT, PA | 10 | $ 442,000 | $ 44,000 | $ 64,000 |
| YUMA, AZ | 10 | $ 521,000 | $ 52,000 | $ 54,000 |
| EDISON, NJ | 9 | $ 2,155,000 | $ 239,000 | $ 129,000 |
| LAKELAND, FL | 9 | $ 492,000 | $ 54,000 | $ 63,000 |
| MANSFIELD, OH | 9 | $ 493,000 | $ 54,000 | $ 60,000 |
| RAPID CITY, SD | 9 | $ 763,000 | $ 84,000 | $ 48,000 |
| TERRE HAUTE, IN | 9 | $ 415,000 | $ 46,000 | $ 57,000 |
| BELLINGHAM, WA | 8 | $ 979,000 | $ 122,000 | $ 66,000 |
| CHARLOTTESVILLE, VA | 8 | $ 970,000 | $ 121,000 | $ 60,000 |
| DANVILLE, VA | 8 | $ 480,000 | $ 60,000 | $ 43,000 |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 8 | $ 701,000 | $ 87,000 | $ 44,000 |
| FORT WALTON BEACH-CRESTVIEW-DESTIN, FL | 8 | $ 477,000 | $ 59,000 | $ 51,000 |
| MEDFORD, OR | 8 | $ 803,000 | $ 100,000 | $ 62,000 |
| MONROE, LA | 8 | $ 562,000 | $ 70,000 | $ 60,000 |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 8 | $ 691,000 | $ 86,000 | $ 68,000 |
| SIOUX CITY, IA-NE-SD | 8 | $ 500,000 | $ 62,000 | $ 51,000 |
| WATERLOO-CEDAR FALLS, IA | 8 | $ 536,000 | $ 67,000 | $ 56,000 |
| BLOOMINGTON, IN | 7 | $ 370,000 | $ 52,000 | $ 65,000 |
| CUMBERLAND, MD-WV | 7 | $ 441,000 | $ 63,000 | $ 61,000 |
| HATTIESBURG, MS | 7 | $ 561,000 | $ 80,000 | $ 54,000 |
| BATTLE CREEK, MI | 6 | $ 383,000 | $ 63,000 | $ 46,000 |
| CAMDEN, NJ | 6 | $ 493,000 | $ 82,000 | $ 49,000 |
| NASSAU-SUFFOLK, NY | 6 | $ 1,408,000 | $ 234,000 | $ 37,000 |
| PUNTA GORDA, FL | 6 | $ 619,000 | $ 103,000 | $ 38,000 |
| ST. JOSEPH, MO-KS | 6 | $ 273,000 | $ 45,000 | $ 67,000 |
| BUFFALO-NIAGARA FALLS, NY | 5 | $ 527,000 | $ 105,000 | $ 79,000 |
| POCATELLO, ID | 5 | $ 365,000 | $ 73,000 | $ 54,000 |
| CORVALLIS, OR | 4 | $ 268,000 | $ 67,000 | $ 63,000 |
| FLAGSTAFF, AZ | 4 | $ 248,000 | $ 62,000 | $ 70,000 |
| LAWRENCE, KS | 4 | $ 179,000 | $ 44,000 | $ 64,000 |
| LEWISTON-AUBURN, ME | 4 | $ 378,000 | $ 94,000 | $ 36,000 |
| MEMPHIS, TN-MS-AR | 4 | $ 945,000 | $ 236,000 | $ 110,000 |
| PANAMA CITY-LYNN HAVEN, FL | 4 | $ 409,000 | $ 102,000 | $ 48,000 |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY | 4 | $ 1,042,000 | $ 260,000 | $ 95,000 |
| ALBUQUERQUE, NM | 3 | $ 181,000 | $ 60,000 | $ 92,000 |
| BANGOR, ME | 3 | $ 339,000 | $ 113,000 | $ 36,000 |
| BINGHAMTON, NY | 3 | $ 315,000 | $ 105,000 | $ 43,000 |
| CHATTANOOGA, TN-GA | 3 | $ 607,000 | $ 202,000 | $ 71,000 |
| GAINESVILLE, FL | 3 | $ 189,000 | $ 63,000 | $ 48,000 |
| LEXINGTON-FAYETTE, KY | 3 | $ 304,000 | $ 101,000 | $ 59,000 |
| NASHVILLE-DAVIDSON--MURFREESBORO, TN | 3 | $ 635,000 | $ 211,000 | $ 89,000 |
| PITTSFIELD, MA | 3 | $ 101,000 | $ 33,000 | $ 53,000 |
| PUEBLO, CO | 3 | $ 176,000 | $ 58,000 | $ 37,000 |
| ALEXANDRIA, LA | 2 | $ 141,000 | $ 70,000 | $ 99,000 |
| COLORADO SPRINGS, CO | 2 | $ 80,000 | $ 40,000 | $ 38,000 |
| ELMIRA, NY | 2 | $ 271,000 | $ 135,000 | $ 53,000 |
| GRAND FORKS, ND-MN | 2 | $ 72,000 | $ 36,000 | $ 60,000 |
| GREELEY, CO | 2 | $ 71,000 | $ 35,000 | $ 42,000 |
| HUNTINGTON-ASHLAND, WV-KY-OH | 2 | $ 280,000 | $ 140,000 | $ 35,000 |
| STATE COLLEGE, PA | 2 | $ 136,000 | $ 68,000 | $ 55,000 |
| SYRACUSE, NY | 2 | $ 275,000 | $ 137,000 | $ 85,000 |
| TRENTON-EWING, NJ | 2 | $ 610,000 | $ 305,000 | $ 86,000 |
| UTICA-ROME, NY | 2 | $ 174,000 | $ 87,000 | $ 66,000 |
| ALBANY-SCHENECTADY-TROY, NY | 1 | $ 119,000 | $ 119,000 | $ 63,000 |
| AMES, IA | 1 | $ 69,000 | $ 69,000 | $ 84,000 |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 1 | $ 235,000 | $ 235,000 | $ 126,000 |
| BARNSTABLE TOWN, MA | 1 | $ 269,000 | $ 269,000 | $ 68,000 |
| BOULDER, CO | 1 | $ 59,000 | $ 59,000 | $ 68,000 |
| CHAMPAIGN-URBANA, IL | 1 | $ 155,000 | $ 155,000 | $ 134,000 |
| CLARKSVILLE, TN-KY | 1 | $ 81,000 | $ 81,000 | $ 42,000 |
| COEUR D'ALENE, ID | 1 | $ 40,000 | $ 40,000 | $ 92,000 |
| FOND DU LAC, WI | 1 | $ 105,000 | $ 105,000 | $ 82,000 |
| HARRISONBURG, VA | 1 | $ 93,000 | $ 93,000 | $ 36,000 |
| IDAHO FALLS, ID | 1 | $ 59,000 | $ 59,000 | $ 24,000 |
| JACKSONVILLE, NC | 1 | $ 75,000 | $ 75,000 | $ 96,000 |
| KINGSPORT-BRISTOL-BRISTOL, TN-VA | 1 | $ 78,000 | $ 78,000 | $ 30,000 |
| KNOXVILLE, TN | 1 | $ 72,000 | $ 72,000 | $ 70,000 |
| LAKE COUNTY-KENOSHA COUNTY, IL-WI | 1 | $ 124,000 | $ 124,000 | $ 46,000 |
| LAS CRUCES, NM | 1 | $ 40,000 | $ 40,000 | $ 66,000 |
| LOGAN, UT-ID | 1 | $ 45,000 | $ 45,000 | $ 51,000 |
| OCEAN CITY, NJ | 1 | $ 150,000 | $ 150,000 | $ 50,000 |
| SAVANNAH, GA | 1 | $ 130,000 | $ 130,000 | $ 25,000 |
| SPRINGFIELD, MA | 1 | $ 135,000 | $ 135,000 | $ 47,000 |
| VERO BEACH, FL | 1 | $ 64,000 | $ 64,000 | $ 46,000 |
| VINELAND-MILLVILLE-BRIDGETON, NJ | 1 | $ 161,000 | $ 161,000 | $ 55,000 |
| WARNER ROBINS, GA | 1 | $ 157,000 | $ 157,000 | $ 71,000 |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 1 | $ 106,000 | $ 106,000 | $ 19,000 |
| WENATCHEE, WA | 1 | $ 49,000 | $ 49,000 | $ 67,000 |
| WINCHESTER, VA-WV | 1 | $ 75,000 | $ 75,000 | $ 50,000 |
| WORCESTER, MA | 1 | $ 298,000 | $ 298,000 | $ 114,000 |
Mortgage Loan Application Detail Totals for Summit Mortgage in 2004
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 | 10,786 | $828,897,000 | $93,750 | $1,105,000 | $64,181 | $1,488,000 |
| Home Purchase | 114 | $19,325,000 | $167,230 | $650,000 | $88,076 | $461,000 |
| Home Improvement | 8 | $533,000 | $63,500 | $141,000 | $84,166 | $279,000 |
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 |
|---|---|---|---|---|---|---|
| Not Provided | 9,723 | $746,144,000 | $93,244 | $1,105,000 | $64,555 | $1,272,000 |
| White | 1,034 | $89,299,000 | $92,179 | $680,000 | $71,743 | $1,488,000 |
| Black or African American | 72 | $5,712,000 | $83,681 | $367,000 | $62,090 | $279,000 |
| Hispanic | 37 | $3,223,000 | $75,687 | $372,000 | $61,562 | $200,000 |
| Asian | 34 | $3,577,000 | $89,000 | $631,000 | $79,647 | $450,000 |
| American Indian or Alaskan Native | 6 | $642,000 | $107,000 | $215,000 | $62,666 | $95,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $158,000 | $79,000 | $95,000 | $67,500 | $70,000 |
| Not applicable | 0 | $0 | $0 | $0 | $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) | 10,908 | $848,755,000 | $93,533 | $1,105,000 | $65,777 | $1,488,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 3,275 | $223,137,000 | $87,238 | $700,000 | $56,285 | $405,000 |
| Application Withdrawn By Applicant | 3,211 | $279,473,000 | $105,209 | $1,105,000 | $68,720 | $1,488,000 |
| File Closed For Incompleteness | 2,472 | $204,897,000 | $97,581 | $616,000 | $74,255 | $461,000 |
| Loan Originated | 1,644 | $118,239,000 | $74,463 | $650,000 | $64,195 | $448,000 |
| Application Approved But Not Accepted | 295 | $22,181,000 | $78,600 | $390,000 | $74,085 | $209,000 |
| Loan Purchased By The Institution | 11 | $828,000 | $67,875 | $281,000 | $65,125 | $98,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 1,476 | $102,849,000 | $86,634 | $700,000 | $45,512 | $333,000 |
| Credit History | 1,227 | $82,564,000 | $87,825 | $575,000 | $61,200 | $405,000 |
| Collateral | 504 | $31,683,000 | $84,365 | $498,000 | $67,341 | $336,000 |
| Unverifiable Information | 37 | $3,286,000 | $82,000 | $362,000 | $56,952 | $240,000 |
| Employment History | 20 | $1,548,000 | $69,916 | $275,000 | $43,000 | $95,000 |
| Other | 11 | $1,207,000 | $124,888 | $400,000 | $61,888 | $96,000 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Summit Mortgage's 2004 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 Summit Mortgage'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.