Summit Mortgage
Mortgage Loan Application
Totals and Details
for 2005

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 Summit Mortgage.
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 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 5,394
Total Mortgage Loan Application Amount $354,581,000
Average Mortgage Loan Application Amount $96,759
Highest Mortgage Loan Application Amount $1,000,000
Average Applicant Income $68,574
Highest Applicant Income $1,066,000

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 Summit Mortgage by Metropolitan Area in 2005

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 121 $ 7,586,000 $ 62,000 $ 67,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 106 $ 7,172,000 $ 67,000 $ 73,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 97 $ 5,308,000 $ 54,000 $ 63,000
PHILADELPHIA, PA 97 $ 5,942,000 $ 61,000 $ 76,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 90 $ 8,144,000 $ 90,000 $ 62,000
PHOENIX-MESA-SCOTTSDALE, AZ 89 $ 6,232,000 $ 70,000 $ 72,000
COLUMBUS, OH 83 $ 4,106,000 $ 49,000 $ 61,000
INDIANAPOLIS, IN 80 $ 3,495,000 $ 43,000 $ 67,000
BALTIMORE-TOWSON, MD 79 $ 6,352,000 $ 80,000 $ 67,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 73 $ 4,006,000 $ 54,000 $ 60,000
DETROIT-LIVONIA-DEARBORN, MI 68 $ 3,448,000 $ 50,000 $ 58,000
ST. LOUIS, MO-IL 66 $ 3,497,000 $ 52,000 $ 58,000
CLEVELAND-ELYRIA-MENTOR, OH 65 $ 3,405,000 $ 52,000 $ 63,000
CINCINNATI-MIDDLETOWN, OH-KY-IN 64 $ 2,751,000 $ 42,000 $ 61,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 62 $ 3,272,000 $ 52,000 $ 60,000
CHARLESTON, WV 60 $ 8,064,000 $ 134,000 $ 71,000
PITTSBURGH, PA 59 $ 3,128,000 $ 53,000 $ 63,000
RICHMOND, VA 59 $ 3,821,000 $ 64,000 $ 59,000
OKLAHOMA CITY, OK 55 $ 2,493,000 $ 45,000 $ 63,000
WINCHESTER, VA-WV 52 $ 12,104,000 $ 232,000 $ 88,000
KANSAS CITY, MO-KS 48 $ 2,137,000 $ 44,000 $ 54,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 47 $ 3,263,000 $ 69,000 $ 66,000
SEATTLE-BELLEVUE-EVERETT, WA 46 $ 2,785,000 $ 60,000 $ 79,000
SALT LAKE CITY, UT 45 $ 2,524,000 $ 56,000 $ 62,000
NEW HAVEN-MILFORD, CT 44 $ 2,670,000 $ 60,000 $ 73,000
LAS VEGAS-PARADISE, NV 40 $ 2,719,000 $ 67,000 $ 89,000
GARY, IN 39 $ 1,710,000 $ 43,000 $ 67,000
ORLANDO, FL 38 $ 1,711,000 $ 45,000 $ 66,000
OGDEN-CLEARFIELD, UT 37 $ 1,812,000 $ 48,000 $ 57,000
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA 35 $ 3,783,000 $ 108,000 $ 69,000
YORK-HANOVER, PA 33 $ 1,431,000 $ 43,000 $ 48,000
BOISE CITY-NAMPA, ID 31 $ 1,430,000 $ 46,000 $ 51,000
TACOMA, WA 31 $ 1,950,000 $ 62,000 $ 67,000
CHICAGO-NAPERVILLE-JOLIET, IL 30 $ 1,882,000 $ 62,000 $ 67,000
HARRISBURG-CARLISLE, PA 30 $ 1,391,000 $ 46,000 $ 53,000
GRAND RAPIDS-WYOMING, MI 29 $ 1,329,000 $ 45,000 $ 54,000
LANCASTER, PA 29 $ 1,500,000 $ 51,000 $ 54,000
CANTON-MASSILLON, OH 28 $ 1,473,000 $ 52,000 $ 56,000
JACKSON, MS 28 $ 1,162,000 $ 41,000 $ 56,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 28 $ 1,255,000 $ 44,000 $ 53,000
AKRON, OH 26 $ 1,702,000 $ 65,000 $ 53,000
SCRANTON--WILKES-BARRE, PA 26 $ 1,141,000 $ 43,000 $ 56,000
TULSA, OK 26 $ 1,244,000 $ 47,000 $ 61,000
JACKSONVILLE, FL 25 $ 1,517,000 $ 60,000 $ 55,000
OMAHA-COUNCIL BLUFFS, NE-IA 25 $ 1,452,000 $ 58,000 $ 76,000
FORT WAYNE, IN 24 $ 949,000 $ 39,000 $ 48,000
WICHITA, KS 24 $ 1,013,000 $ 42,000 $ 54,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 24 $ 977,000 $ 40,000 $ 47,000
BATON ROUGE, LA 23 $ 1,210,000 $ 52,000 $ 66,000
READING, PA 23 $ 1,074,000 $ 46,000 $ 62,000
TUCSON, AZ 23 $ 1,632,000 $ 70,000 $ 63,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 20 $ 1,885,000 $ 94,000 $ 70,000
LINCOLN, NE 20 $ 1,279,000 $ 63,000 $ 69,000
FLINT, MI 19 $ 974,000 $ 51,000 $ 57,000
JANESVILLE, WI 19 $ 737,000 $ 38,000 $ 58,000
MADISON, WI 19 $ 1,027,000 $ 54,000 $ 59,000
WILMINGTON, DE-MD-NJ 19 $ 871,000 $ 45,000 $ 62,000
DES MOINES, IA 18 $ 993,000 $ 55,000 $ 62,000
PROVO-OREM, UT 18 $ 982,000 $ 54,000 $ 77,000
BETHESDA-FREDERICK-GAITHERSBURG, MD 17 $ 2,443,000 $ 143,000 $ 80,000
DAYTON, OH 17 $ 816,000 $ 48,000 $ 53,000
GREEN BAY, WI 17 $ 663,000 $ 39,000 $ 55,000
LANSING-EAST LANSING, MI 17 $ 587,000 $ 34,000 $ 50,000
SPRINGFIELD, MO 17 $ 607,000 $ 35,000 $ 55,000
TOLEDO, OH 17 $ 669,000 $ 39,000 $ 65,000
ANCHORAGE, AK 16 $ 840,000 $ 52,000 $ 71,000
AUGUSTA-RICHMOND COUNTY, GA-SC 16 $ 796,000 $ 49,000 $ 61,000
CHARLOTTE-GASTONIA-CONCORD, NC-SC 16 $ 905,000 $ 56,000 $ 66,000
KALAMAZOO-PORTAGE, MI 16 $ 829,000 $ 51,000 $ 60,000
TOPEKA, KS 16 $ 768,000 $ 48,000 $ 58,000
ROANOKE, VA 15 $ 809,000 $ 53,000 $ 50,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 15 $ 1,322,000 $ 88,000 $ 57,000
ERIE, PA 14 $ 430,000 $ 30,000 $ 38,000
ELKHART-GOSHEN, IN 13 $ 633,000 $ 48,000 $ 60,000
ST. CLOUD, MN 13 $ 512,000 $ 39,000 $ 56,000
CAPE CORAL-FORT MYERS, FL 12 $ 995,000 $ 82,000 $ 62,000
NEW ORLEANS-METAIRIE-KENNER, LA 12 $ 663,000 $ 55,000 $ 53,000
SARASOTA-BRADENTON-VENICE, FL 12 $ 732,000 $ 61,000 $ 54,000
CHEYENNE, WY 11 $ 592,000 $ 53,000 $ 57,000
JACKSON, MI 11 $ 591,000 $ 53,000 $ 50,000
MIAMI-MIAMI BEACH-KENDALL, FL 11 $ 1,218,000 $ 110,000 $ 70,000
MUSKEGON-NORTON SHORES, MI 11 $ 413,000 $ 37,000 $ 42,000
NORWICH-NEW LONDON, CT 11 $ 584,000 $ 53,000 $ 59,000
RACINE, WI 11 $ 450,000 $ 40,000 $ 56,000
SIOUX FALLS, SD 11 $ 502,000 $ 45,000 $ 48,000
BREMERTON-SILVERDALE, WA 10 $ 471,000 $ 47,000 $ 61,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 10 $ 661,000 $ 66,000 $ 32,000
EVANSVILLE, IN-KY 10 $ 427,000 $ 42,000 $ 73,000
KENNEWICK-RICHLAND-PASCO, WA 10 $ 479,000 $ 47,000 $ 54,000
LAKELAND, FL 10 $ 705,000 $ 70,000 $ 66,000
LEBANON, PA 10 $ 436,000 $ 43,000 $ 53,000
MONROE, MI 10 $ 527,000 $ 52,000 $ 74,000
RAPID CITY, SD 10 $ 383,000 $ 38,000 $ 61,000
SHREVEPORT-BOSSIER CITY, LA 10 $ 437,000 $ 43,000 $ 67,000
CEDAR RAPIDS, IA 9 $ 367,000 $ 40,000 $ 53,000
DOVER, DE 9 $ 631,000 $ 70,000 $ 59,000
LAFAYETTE, IN 9 $ 306,000 $ 34,000 $ 57,000
OCALA, FL 9 $ 504,000 $ 56,000 $ 67,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 9 $ 481,000 $ 53,000 $ 59,000
ROCHESTER, MN 9 $ 408,000 $ 45,000 $ 73,000
SAVANNAH, GA 9 $ 463,000 $ 51,000 $ 60,000
SPOKANE, WA 9 $ 439,000 $ 48,000 $ 53,000
TALLAHASSEE, FL 9 $ 540,000 $ 60,000 $ 72,000
TERRE HAUTE, IN 9 $ 335,000 $ 37,000 $ 66,000
WARNER ROBINS, GA 9 $ 455,000 $ 50,000 $ 81,000
BAY CITY, MI 8 $ 365,000 $ 45,000 $ 55,000
COLUMBUS, GA-AL 8 $ 323,000 $ 40,000 $ 56,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 8 $ 306,000 $ 38,000 $ 50,000
DULUTH, MN-WI 8 $ 440,000 $ 55,000 $ 53,000
LAFAYETTE, LA 8 $ 366,000 $ 45,000 $ 66,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 8 $ 747,000 $ 93,000 $ 98,000
LYNCHBURG, VA 8 $ 403,000 $ 50,000 $ 62,000
OLYMPIA, WA 8 $ 441,000 $ 55,000 $ 62,000
RALEIGH-CARY, NC 8 $ 634,000 $ 79,000 $ 88,000
SPRINGFIELD, OH 8 $ 332,000 $ 41,000 $ 53,000
WATERLOO-CEDAR FALLS, IA 8 $ 301,000 $ 37,000 $ 62,000
ALEXANDRIA, LA 7 $ 343,000 $ 49,000 $ 60,000
APPLETON, WI 7 $ 264,000 $ 37,000 $ 55,000
HOLLAND-GRAND HAVEN, MI 7 $ 402,000 $ 57,000 $ 56,000
IDAHO FALLS, ID 7 $ 394,000 $ 56,000 $ 56,000
MACON, GA 7 $ 306,000 $ 43,000 $ 52,000
PORT ST. LUCIE-FORT PIERCE, FL 7 $ 552,000 $ 78,000 $ 63,000
PORTLAND-VANCOUVER-BEAVERTON, OR-WA 7 $ 429,000 $ 61,000 $ 64,000
SOUTH BEND-MISHAWAKA, IN-MI 7 $ 299,000 $ 42,000 $ 48,000
ANDERSON, IN 6 $ 206,000 $ 34,000 $ 31,000
ANN ARBOR, MI 6 $ 254,000 $ 42,000 $ 72,000
BATTLE CREEK, MI 6 $ 218,000 $ 36,000 $ 47,000
JOHNSTOWN, PA 6 $ 226,000 $ 37,000 $ 56,000
JOPLIN, MO 6 $ 177,000 $ 29,000 $ 51,000
KOKOMO, IN 6 $ 377,000 $ 62,000 $ 60,000
LAKE CHARLES, LA 6 $ 311,000 $ 51,000 $ 71,000
NILES-BENTON HARBOR, MI 6 $ 232,000 $ 38,000 $ 67,000
OSHKOSH-NEENAH, WI 6 $ 351,000 $ 58,000 $ 50,000
PENSACOLA-FERRY PASS-BRENT, FL 6 $ 282,000 $ 47,000 $ 59,000
RENO-SPARKS, NV 6 $ 757,000 $ 126,000 $ 80,000
ROCKFORD, IL 6 $ 337,000 $ 56,000 $ 66,000
SANDUSKY, OH 6 $ 301,000 $ 50,000 $ 63,000
ST. GEORGE, UT 6 $ 352,000 $ 58,000 $ 57,000
STATE COLLEGE, PA 6 $ 232,000 $ 38,000 $ 62,000
ALTOONA, PA 5 $ 152,000 $ 30,000 $ 39,000
BELLINGHAM, WA 5 $ 244,000 $ 48,000 $ 75,000
CASPER, WY 5 $ 256,000 $ 51,000 $ 44,000
CHARLOTTESVILLE, VA 5 $ 254,000 $ 50,000 $ 51,000
COLUMBIA, MO 5 $ 169,000 $ 33,000 $ 82,000
COLUMBIA, SC 5 $ 184,000 $ 36,000 $ 60,000
COLUMBUS, IN 5 $ 251,000 $ 50,000 $ 76,000
DALTON, GA 5 $ 212,000 $ 42,000 $ 74,000
DANVILLE, VA 5 $ 198,000 $ 39,000 $ 59,000
GREENSBORO-HIGH POINT, NC 5 $ 710,000 $ 142,000 $ 85,000
HARRISONBURG, VA 5 $ 519,000 $ 103,000 $ 66,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 5 $ 234,000 $ 46,000 $ 68,000
MONROE, LA 5 $ 214,000 $ 42,000 $ 58,000
MOUNT VERNON-ANACORTES, WA 5 $ 212,000 $ 42,000 $ 61,000
PUNTA GORDA, FL 5 $ 269,000 $ 53,000 $ 49,000
SAGINAW-SAGINAW TOWNSHIP NORTH, MI 5 $ 224,000 $ 44,000 $ 52,000
SALISBURY, MD 5 $ 269,000 $ 53,000 $ 56,000
SHEBOYGAN, WI 5 $ 328,000 $ 65,000 $ 53,000
YAKIMA, WA 5 $ 186,000 $ 37,000 $ 55,000
YUMA, AZ 5 $ 278,000 $ 55,000 $ 43,000
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA 4 $ 521,000 $ 130,000 $ 146,000
BRIDGEPORT-STAMFORD-NORWALK, CT 4 $ 315,000 $ 78,000 $ 76,000
FAYETTEVILLE, NC 4 $ 282,000 $ 70,000 $ 65,000
GRAND FORKS, ND-MN 4 $ 246,000 $ 61,000 $ 75,000
HAGERSTOWN-MARTINSBURG, MD-WV 4 $ 292,000 $ 73,000 $ 74,000
HINESVILLE-FORT STEWART, GA 4 $ 129,000 $ 32,000 $ 41,000
MUNCIE, IN 4 $ 150,000 $ 37,000 $ 53,000
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 4 $ 806,000 $ 201,000 $ 71,000
WILLIAMSPORT, PA 4 $ 133,000 $ 33,000 $ 43,000
ALBANY, GA 3 $ 129,000 $ 43,000 $ 75,000
AMES, IA 3 $ 117,000 $ 39,000 $ 59,000
ATHENS-CLARKE COUNTY, GA 3 $ 227,000 $ 75,000 $ 79,000
BAKERSFIELD, CA 3 $ 145,000 $ 48,000 $ 49,000
BLOOMINGTON, IN 3 $ 163,000 $ 54,000 $ 63,000
COLORADO SPRINGS, CO 3 $ 82,000 $ 27,000 $ 40,000
DENVER-AURORA, CO 3 $ 181,000 $ 60,000 $ 78,000
DUBUQUE, IA 3 $ 98,000 $ 32,000 $ 58,000
EAU CLAIRE, WI 3 $ 146,000 $ 48,000 $ 58,000
FORT WALTON BEACH-CRESTVIEW-DESTIN, FL 3 $ 245,000 $ 81,000 $ 59,000
GAINESVILLE, GA 3 $ 153,000 $ 51,000 $ 61,000
GREENVILLE, SC 3 $ 278,000 $ 92,000 $ 55,000
HICKORY-LENOIR-MORGANTON, NC 3 $ 157,000 $ 52,000 $ 58,000
IOWA CITY, IA 3 $ 158,000 $ 52,000 $ 59,000
JEFFERSON CITY, MO 3 $ 137,000 $ 45,000 $ 45,000
LAWRENCE, KS 3 $ 198,000 $ 66,000 $ 88,000
LIMA, OH 3 $ 159,000 $ 53,000 $ 70,000
LONGVIEW, WA 3 $ 129,000 $ 43,000 $ 49,000
MANCHESTER-NASHUA, NH 3 $ 211,000 $ 70,000 $ 176,000
MORGANTOWN, WV 3 $ 363,000 $ 121,000 $ 55,000
NAPLES-MARCO ISLAND, FL 3 $ 280,000 $ 93,000 $ 57,000
OAKLAND-FREMONT-HAYWARD, CA 3 $ 409,000 $ 136,000 $ 71,000
PANAMA CITY-LYNN HAVEN, FL 3 $ 159,000 $ 53,000 $ 41,000
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME 3 $ 376,000 $ 125,000 $ 77,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 3 $ 652,000 $ 217,000 $ 91,000
ROME, GA 3 $ 149,000 $ 49,000 $ 90,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 3 $ 202,000 $ 67,000 $ 78,000
VALLEJO-FAIRFIELD, CA 3 $ 141,000 $ 47,000 $ 70,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 3 $ 581,000 $ 193,000 $ 77,000
WILMINGTON, NC 3 $ 149,000 $ 49,000 $ 55,000
BISMARCK, ND 2 $ 93,000 $ 46,000 $ 60,000
BLOOMINGTON-NORMAL, IL 2 $ 83,000 $ 41,000 $ 44,000
DURHAM, NC 2 $ 130,000 $ 65,000 $ 57,000
FARGO, ND-MN 2 $ 85,000 $ 42,000 $ 50,000
FLAGSTAFF, AZ 2 $ 147,000 $ 73,000 $ 81,000
GOLDSBORO, NC 2 $ 54,000 $ 27,000 $ 38,000
HANFORD-CORCORAN, CA 2 $ 185,000 $ 92,000 $ 61,000
HUNTSVILLE, AL 2 $ 87,000 $ 43,000 $ 35,000
JACKSONVILLE, NC 2 $ 63,000 $ 31,000 $ 79,000
LAWTON, OK 2 $ 50,000 $ 25,000 $ 52,000
LEWISTON, ID-WA 2 $ 87,000 $ 43,000 $ 61,000
LOGAN, UT-ID 2 $ 62,000 $ 31,000 $ 45,000
MANSFIELD, OH 2 $ 140,000 $ 70,000 $ 41,000
MICHIGAN CITY-LA PORTE, IN 2 $ 91,000 $ 45,000 $ 68,000
SANTA ANA-ANAHEIM-IRVINE, CA 2 $ 89,000 $ 44,000 $ 92,000
SANTA CRUZ-WATSONVILLE, CA 2 $ 115,000 $ 57,000 $ 70,000
SANTA ROSA-PETALUMA, CA 2 $ 62,000 $ 31,000 $ 53,000
SIOUX CITY, IA-NE-SD 2 $ 105,000 $ 52,000 $ 69,000
VALDOSTA, GA 2 $ 90,000 $ 45,000 $ 42,000
VERO BEACH, FL 2 $ 77,000 $ 38,000 $ 85,000
WAUSAU, WI 2 $ 54,000 $ 27,000 $ 57,000
WENATCHEE, WA 2 $ 100,000 $ 50,000 $ 60,000
ANDERSON, SC 1 $ 39,000 $ 39,000 $ 91,000
BANGOR, ME 1 $ 71,000 $ 71,000 $ 19,000
BOSTON-QUINCY, MA 1 $ 40,000 $ 40,000 $ 59,000
BRUNSWICK, GA 1 $ 36,000 $ 36,000 $ 66,000
BUFFALO-NIAGARA FALLS, NY 1 $ 37,000 $ 37,000 $ 90,000
BURLINGTON, NC 1 $ 83,000 $ 83,000 $ 38,000
CAMDEN, NJ 1 $ 94,000 $ 94,000 $ 115,000
CHARLESTON-NORTH CHARLESTON, SC 1 $ 50,000 $ 50,000 $ 90,000
COEUR D'ALENE, ID 1 $ 136,000 $ 136,000 $ 60,000
CUMBERLAND, MD-WV 1 $ 33,000 $ 33,000 $ 108,000
FAIRBANKS, AK 1 $ 79,000 $ 79,000 $ 94,000
FOND DU LAC, WI 1 $ 75,000 $ 75,000 $ 63,000
FORT COLLINS-LOVELAND, CO 1 $ 46,000 $ 46,000 $ 116,000
GREELEY, CO 1 $ 25,000 $ 25,000 $ 60,000
GREENVILLE, NC 1 $ 47,000 $ 47,000 $ 74,000
HOUSTON-BAYTOWN-SUGAR LAND, TX 1 $ 87,000 $ 87,000 $ 76,000
KNOXVILLE, TN 1 $ 256,000 $ 256,000 $ 94,000
MEDFORD, OR 1 $ 40,000 $ 40,000 $ 43,000
MERCED, CA 1 $ 49,000 $ 49,000 $ 64,000
MODESTO, CA 1 $ 64,000 $ 64,000 $ 120,000
NASHVILLE-DAVIDSON--MURFREESBORO, TN 1 $ 25,000 $ 25,000 $ 53,000
NASSAU-SUFFOLK, NY 1 $ 28,000 $ 28,000 $ 91,000
NEWARK-UNION, NJ-PA 1 $ 304,000 $ 304,000 $ 76,000
PEORIA, IL 1 $ 34,000 $ 34,000 $ 71,000
POCATELLO, ID 1 $ 32,000 $ 32,000 $ 40,000
PRESCOTT, AZ 1 $ 69,000 $ 69,000 $ 31,000
PUEBLO, CO 1 $ 28,000 $ 28,000 $ 103,000
REDDING, CA 1 $ 37,000 $ 37,000 $ 74,000
ROCKY MOUNT, NC 1 $ 50,000 $ 50,000 $ 12,000
SALEM, OR 1 $ 65,000 $ 65,000 $ 126,000
SAN DIEGO-CARLSBAD-SAN MARCOS, CA 1 $ 75,000 $ 75,000 $ 184,000
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 1 $ 90,000 $ 90,000 $ 97,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 1 $ 80,000 $ 80,000 $ 78,000
SHERMAN-DENISON, TX 1 $ 88,000 $ 88,000 $ 38,000
SPARTANBURG, SC 1 $ 30,000 $ 30,000 $ 156,000
SPRINGFIELD, IL 1 $ 36,000 $ 36,000 $ 61,000
ST. JOSEPH, MO-KS 1 $ 30,000 $ 30,000 $ 31,000
STOCKTON, CA 1 $ 32,000 $ 32,000 $ 87,000
TRENTON-EWING, NJ 1 $ 35,000 $ 35,000 $ 40,000
YUBA CITY, CA 1 $ 263,000 $ 263,000 $ 73,000

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 Summit Mortgage in 2005

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 4,931 $290,078,000 $65,711 $1,000,000 $63,888 $640,000
Home Purchase 285 $55,028,000 $191,937 $1,000,000 $77,437 $624,000
Home Improvement 178 $9,475,000 $43,580 $650,000 $66,225 $1,066,000

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 3,844 $236,652,000 $75,659 $1,000,000 $67,829 $640,000
White 1,408 $108,464,000 $70,255 $1,000,000 $67,255 $1,066,000
Black or African American 75 $4,801,000 $58,473 $309,000 $54,631 $123,000
Hispanic 37 $1,952,000 $54,105 $180,000 $52,578 $100,000
Asian 18 $1,650,000 $92,166 $356,000 $112,333 $624,000
Native Hawaiian or Other Pacific Islander 6 $335,000 $52,600 $90,000 $58,200 $87,000
American Indian or Alaskan Native 5 $677,000 $135,400 $499,000 $90,600 $198,000
Not applicable 1 $50,000 $50,000 $50,000 $54,000 $54,000

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) 5,394 $354,581,000 $76,250 $1,000,000 $68,041 $1,066,000
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
Loan Originated 3,107 $193,859,000 $64,404 $1,000,000 $65,642 $1,066,000
Application Withdrawn By Applicant 993 $79,486,000 $85,697 $1,000,000 $65,534 $624,000
File Closed For Incompleteness 624 $41,964,000 $75,538 $585,000 $66,179 $500,000
Application Denied By Financial Institution 503 $29,613,000 $62,571 $615,000 $63,166 $300,000
Application Approved But Not Accepted 161 $9,347,000 $60,000 $499,000 $60,257 $250,000
Loan Purchased By The Institution 6 $312,000 $52,000 $63,000 $71,000 $108,000
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
Credit History 227 $12,842,000 $57,000 $500,000 $70,085 $300,000
Debt-To-Income Ratio 164 $10,320,000 $61,866 $450,000 $46,766 $300,000
Collateral 93 $5,570,000 $57,703 $615,000 $60,333 $156,000
Unverifiable Information 13 $631,000 $50,400 $130,000 $64,200 $209,000
Employment History 6 $250,000 $45,400 $100,000 $51,800 $95,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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