The Freedom Bank Of Virginia
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
The Freedom Bank Of Virginia 2021 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 | The Freedom Bank Of Virginia 10555 Main Street Fairfax, VA 22030 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 1,001 |
| Total Mortgage Loan Application Amount | $405,445,000 |
| Average Mortgage Loan Application Amount | $656,250 |
| Highest Mortgage Loan Application Amount | $8,505,000 |
| Average Applicant Income | $109,500 |
| Highest Applicant Income | $1,428,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with The Freedom Bank Of Virginia. 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 The Freedom Bank Of Virginia's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2021 breaks down The Freedom Bank Of Virginia'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 The Freedom Bank Of Virginia serves its applicants.
Each category highlights the total number of mortgage applications processed by The Freedom Bank Of Virginia, 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 The Freedom Bank Of Virginia's mortgage activity for 2021.
| 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 | 228 | $ 98,670,000 | $ 432,000 | $ 163,000 |
| Prince William County Virginia | 151 | $ 63,625,000 | $ 421,000 | $ 128,000 |
| Loudoun County Virginia | 126 | $ 50,490,000 | $ 400,000 | $ 148,000 |
| Spotsylvania County Virginia | 67 | $ 19,365,000 | $ 289,000 | $ 106,000 |
| Stafford County Virginia | 63 | $ 22,445,000 | $ 356,000 | $ 117,000 |
| District of Columbia County District Of Columbia | 38 | $ 30,660,000 | $ 806,000 | $ 171,000 |
| Fauquier County Virginia | 33 | $ 11,125,000 | $ 337,000 | $ 135,000 |
| Arlington County Virginia | 31 | $ 18,465,000 | $ 595,000 | $ 165,000 |
| Montgomery County Maryland | 25 | $ 9,575,000 | $ 383,000 | $ 199,000 |
| Culpeper County Virginia | 21 | $ 7,195,000 | $ 342,000 | $ 114,000 |
| Alexandria County Virginia | 16 | $ 6,660,000 | $ 416,000 | $ 170,000 |
| Anne Arundel County Maryland | 11 | $ 3,125,000 | $ 284,000 | $ 149,000 |
| Orange County Virginia | 11 | $ 3,535,000 | $ 321,000 | $ 122,000 |
| Manassas County Virginia | 10 | $ 2,880,000 | $ 288,000 | $ 92,000 |
| Prince George's County Maryland | 8 | $ 3,060,000 | $ 382,000 | $ 123,000 |
| Caroline County Virginia | 8 | $ 1,970,000 | $ 246,000 | $ 79,000 |
| Chesterfield County Virginia | 8 | $ 2,970,000 | $ 371,000 | $ 143,000 |
| Fairfax City County Virginia | 7 | $ 3,115,000 | $ 445,000 | $ 155,000 |
| King George County Virginia | 7 | $ 1,935,000 | $ 276,000 | $ 83,000 |
| Baltimore City County Maryland | 6 | $ 1,610,000 | $ 268,000 | $ 371,000 |
| Howard County Maryland | 6 | $ 2,380,000 | $ 396,000 | $ 190,000 |
| Frederick County Maryland | 5 | $ 1,145,000 | $ 229,000 | $ 57,000 |
| Washington County Maryland | 5 | $ 1,665,000 | $ 333,000 | $ 96,000 |
| Frederick County Virginia | 5 | $ 1,335,000 | $ 267,000 | $ 121,000 |
| Currituck County North Carolina | 4 | $ 4,500,000 | $ 1,125,000 | $ 505,000 |
| Baltimore County Maryland | 3 | $ 2,115,000 | $ 705,000 | $ 222,000 |
| Calvert County Maryland | 3 | $ 1,165,000 | $ 388,000 | $ 135,000 |
| Charles County Maryland | 3 | $ 1,015,000 | $ 338,000 | $ 220,000 |
| Allegheny County Pennsylvania | 3 | $ 785,000 | $ 261,000 | $ 144,000 |
| Fredericksburg County Virginia | 3 | $ 835,000 | $ 278,000 | $ 85,000 |
| Hanover County Virginia | 3 | $ 925,000 | $ 308,000 | $ 90,000 |
| Manassas Park County Virginia | 3 | $ 815,000 | $ 271,000 | $ 77,000 |
| Shenandoah County Virginia | 3 | $ 755,000 | $ 251,000 | $ 222,000 |
| Garrett County Maryland | 2 | $ 1,520,000 | $ 760,000 | $ 577,000 |
| St. Mary's County Maryland | 2 | $ 820,000 | $ 410,000 | $ 121,000 |
| Carteret County North Carolina | 2 | $ 580,000 | $ 290,000 | $ 173,000 |
| Mecklenburg County North Carolina | 2 | $ 300,000 | $ 150,000 | $ 94,000 |
| Montgomery County Ohio | 2 | $ 610,000 | $ 305,000 | $ 155,000 |
| Philadelphia County Pennsylvania | 2 | $ 740,000 | $ 370,000 | $ 188,000 |
| Chesapeake County Virginia | 2 | $ 590,000 | $ 295,000 | $ 91,000 |
| Falls Church County Virginia | 2 | $ 1,530,000 | $ 765,000 | $ 382,000 |
| Goochland County Virginia | 2 | $ 610,000 | $ 305,000 | $ 76,000 |
| Harrisonburg County Virginia | 2 | $ 530,000 | $ 265,000 | $ 256,000 |
| Louisa County Virginia | 2 | $ 870,000 | $ 435,000 | $ 87,000 |
| Northumberland County Virginia | 2 | $ 620,000 | $ 310,000 | $ 175,000 |
| Rappahannock County Virginia | 2 | $ 630,000 | $ 315,000 | $ 124,000 |
| Richmond City County Virginia | 2 | $ 580,000 | $ 290,000 | $ 133,000 |
| Warren County Virginia | 2 | $ 190,000 | $ 95,000 | $ 48,000 |
| Westmoreland County Virginia | 2 | $ 770,000 | $ 385,000 | $ 138,000 |
| Jefferson County West Virginia | 2 | $ 500,000 | $ 250,000 | $ 109,000 |
| New Castle County Delaware | 1 | $ 185,000 | $ 185,000 | $ 70,000 |
| Charlotte County Florida | 1 | $ 235,000 | $ 235,000 | $ 58,000 |
| Pinellas County Florida | 1 | $ 545,000 | $ 545,000 | $ 262,000 |
| Volusia County Florida | 1 | $ 205,000 | $ 205,000 | $ 84,000 |
| Putnam County Georgia | 1 | $ 425,000 | $ 425,000 | $ 62,000 |
| Dorchester County Maryland | 1 | $ 305,000 | $ 305,000 | $ 238,000 |
| Worcester County Maryland | 1 | $ 175,000 | $ 175,000 | $ 308,000 |
| Berkshire County Massachusetts | 1 | $ 435,000 | $ 435,000 | $ 107,000 |
| Essex County New Jersey | 1 | $ 285,000 | $ 285,000 | $ 90,000 |
| Ocean County New Jersey | 1 | $ 305,000 | $ 305,000 | $ 85,000 |
| Brunswick County North Carolina | 1 | $ 505,000 | $ 505,000 | $ 237,000 |
| Buncombe County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 50,000 |
| Iredell County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 118,000 |
| New Hanover County North Carolina | 1 | $ 475,000 | $ 475,000 | $ 635,000 |
| Onslow County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Orange County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 230,000 |
| Chester County Pennsylvania | 1 | $ 335,000 | $ 335,000 | $ 0 |
| Montgomery County Pennsylvania | 1 | $ 165,000 | $ 165,000 | $ 175,000 |
| Washington County Pennsylvania | 1 | $ 445,000 | $ 445,000 | $ 107,000 |
| Beaufort County South Carolina | 1 | $ 415,000 | $ 415,000 | $ 83,000 |
| Berkeley County South Carolina | 1 | $ 255,000 | $ 255,000 | $ 223,000 |
| Horry County South Carolina | 1 | $ 285,000 | $ 285,000 | $ 145,000 |
| Sumter County South Carolina | 1 | $ 215,000 | $ 215,000 | $ 301,000 |
| El Paso County Texas | 1 | $ 135,000 | $ 135,000 | $ 96,000 |
| Accomack County Virginia | 1 | $ 195,000 | $ 195,000 | $ 242,000 |
| Albemarle County Virginia | 1 | $ 215,000 | $ 215,000 | $ 236,000 |
| Hampton County Virginia | 1 | $ 245,000 | $ 245,000 | $ 199,000 |
| Henrico County Virginia | 1 | $ 125,000 | $ 125,000 | $ 278,000 |
| Lynchburg County Virginia | 1 | $ 115,000 | $ 115,000 | $ 161,000 |
| Montgomery County Virginia | 1 | $ 195,000 | $ 195,000 | $ 248,000 |
| Nelson County Virginia | 1 | $ 215,000 | $ 215,000 | $ 139,000 |
| Page County Virginia | 1 | $ 335,000 | $ 335,000 | $ 93,000 |
| Petersburg County Virginia | 1 | $ 145,000 | $ 145,000 | $ 103,000 |
| Pittsylvania County Virginia | 1 | $ 355,000 | $ 355,000 | $ 55,000 |
| Rockingham County Virginia | 1 | $ 205,000 | $ 205,000 | $ 70,000 |
| Williamsburg County Virginia | 1 | $ 225,000 | $ 225,000 | $ 52,000 |
| Winchester County Virginia | 1 | $ 275,000 | $ 275,000 | $ 46,000 |
| York County Virginia | 1 | $ 245,000 | $ 245,000 | $ 59,000 |
| Berkeley County West Virginia | 1 | $ 215,000 | $ 215,000 | $ 77,000 |
| Hampshire County West Virginia | 1 | $ 185,000 | $ 185,000 | $ 234,000 |
| Mineral County West Virginia | 1 | $ 145,000 | $ 145,000 | $ 99,000 |
| Putnam County West Virginia | 1 | $ 275,000 | $ 275,000 | $ 212,000 |
Mortgage Loan Application Detail Totals for The Freedom Bank Of Virginia in 2021
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 | 412 | $149,780,000 | $363,000 | $1,065,000 | $154,000 | $1,428,000 |
| Home Purchase | 407 | $190,685,000 | $468,000 | $8,505,000 | $138,000 | $865,000 |
| Cash-out Refinancing | 180 | $62,080,000 | $344,000 | $955,000 | $146,000 | $569,000 |
| Home Improvement | 2 | $2,900,000 | $1,450,000 | $1,925,000 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 571 | $213,795,000 | $374,000 | $1,245,000 | $151,000 | $865,000 |
| Not Provided | 144 | $55,280,000 | $383,000 | $955,000 | $161,000 | $1,428,000 |
| Black or African American | 91 | $32,955,000 | $362,000 | $825,000 | $121,000 | $306,000 |
| Asian | 88 | $40,590,000 | $461,000 | $8,505,000 | $133,000 | $396,000 |
| Hispanic | 46 | $19,890,000 | $432,000 | $855,000 | $127,000 | $387,000 |
| Not applicable | 26 | $29,630,000 | $1,139,000 | $4,985,000 | $0 | $0 |
| American Indian or Alaskan Native | 9 | $3,435,000 | $381,000 | $655,000 | $109,000 | $192,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $545,000 | $545,000 | $545,000 | $144,000 | $144,000 |
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) | 854 | $344,990,000 | $403,000 | $8,505,000 | $152,000 | $1,428,000 |
| VA-guaranteed (Veterans Administration) | 71 | $32,155,000 | $452,000 | $825,000 | $118,000 | $329,000 |
| FHA-insured (Federal Housing Administration) | 66 | $25,240,000 | $382,000 | $785,000 | $102,000 | $308,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 10 | $3,060,000 | $306,000 | $385,000 | $79,000 | $109,000 |
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 | 921 | $366,755,000 | $398,000 | $4,985,000 | $147,000 | $1,428,000 |
| Application Denied By Financial Institution | 41 | $24,075,000 | $587,000 | $8,505,000 | $142,000 | $569,000 |
| File Closed For Incompleteness | 37 | $13,415,000 | $362,000 | $825,000 | $129,000 | $358,000 |
| Application Approved But Not Accepted | 1 | $395,000 | $395,000 | $395,000 | $389,000 | $389,000 |
| Application Withdrawn By Applicant | 1 | $805,000 | $805,000 | $805,000 | $156,000 | $156,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 1,001 | $405,445,000 | $405,000 | $8,505,000 | $146,000 | $1,428,000 |
| Employment History | 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Freedom Bank Of Virginia's 2021 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 The Freedom Bank Of Virginia'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.