Towne Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007
Towne Bank 2007 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 | Towne Bank 5716 High Street West Portsmouth, VA 23703 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 2003 |
| Total Number of Mortgage Applications | 2,898 |
| Total Mortgage Loan Application Amount | $695,947,000 |
| Average Mortgage Loan Application Amount | $187,000 |
| Highest Mortgage Loan Application Amount | $13,000,000 |
| Average Applicant Income | $97,666 |
| Highest Applicant Income | $5,140,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2007 with Towne Bank. 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 Towne Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2007 breaks down Towne Bank'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 Towne Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Towne Bank, 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 Towne Bank's mortgage activity for 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 | 691 | $ 194,279,000 | $ 281,000 | $ 129,000 |
| Chesapeake County Virginia | 459 | $ 103,854,000 | $ 226,000 | $ 85,000 |
| Norfolk County Virginia | 319 | $ 80,341,000 | $ 251,000 | $ 82,000 |
| Portsmouth County Virginia | 252 | $ 39,024,000 | $ 154,000 | $ 61,000 |
| Suffolk County Virginia | 210 | $ 64,001,000 | $ 304,000 | $ 119,000 |
| Newport News County Virginia | 201 | $ 34,994,000 | $ 174,000 | $ 90,000 |
| Hampton County Virginia | 175 | $ 26,452,000 | $ 151,000 | $ 69,000 |
| James City County Virginia | 122 | $ 37,473,000 | $ 307,000 | $ 133,000 |
| York County Virginia | 85 | $ 23,035,000 | $ 271,000 | $ 106,000 |
| Isle of Wight County Virginia | 66 | $ 18,989,000 | $ 287,000 | $ 113,000 |
| Currituck County North Carolina | 49 | $ 12,026,000 | $ 245,000 | $ 108,000 |
| Pasquotank County North Carolina | 35 | $ 5,864,000 | $ 167,000 | $ 60,000 |
| Gloucester County Virginia | 28 | $ 5,852,000 | $ 209,000 | $ 70,000 |
| Camden County North Carolina | 19 | $ 4,059,000 | $ 213,000 | $ 98,000 |
| Dare County North Carolina | 19 | $ 6,132,000 | $ 322,000 | $ 229,000 |
| Poquoson County Virginia | 19 | $ 4,581,000 | $ 241,000 | $ 137,000 |
| Williamsburg County Virginia | 19 | $ 4,295,000 | $ 226,000 | $ 117,000 |
| Southampton County Virginia | 13 | $ 2,887,000 | $ 222,000 | $ 114,000 |
| New Kent County Virginia | 11 | $ 2,838,000 | $ 258,000 | $ 83,000 |
| Gates County North Carolina | 9 | $ 1,471,000 | $ 163,000 | $ 48,000 |
| Perquimans County North Carolina | 8 | $ 1,245,000 | $ 155,000 | $ 67,000 |
| Franklin City County Virginia | 8 | $ 1,291,000 | $ 161,000 | $ 43,000 |
| Chesterfield County Virginia | 5 | $ 1,664,000 | $ 332,000 | $ 156,000 |
| King William County Virginia | 5 | $ 1,125,000 | $ 225,000 | $ 87,000 |
| Richmond City County Virginia | 5 | $ 1,315,000 | $ 263,000 | $ 180,000 |
| Surry County Virginia | 4 | $ 1,132,000 | $ 283,000 | $ 83,000 |
| Nelson County Virginia | 3 | $ 1,026,000 | $ 342,000 | $ 381,000 |
| Spotsylvania County Virginia | 3 | $ 586,000 | $ 195,000 | $ 431,000 |
| Sarasota County Florida | 2 | $ 726,000 | $ 363,000 | $ 277,000 |
| St. Mary's County Maryland | 2 | $ 644,000 | $ 322,000 | $ 133,000 |
| Halifax County North Carolina | 2 | $ 415,000 | $ 207,000 | $ 178,000 |
| Warren County North Carolina | 2 | $ 499,000 | $ 249,000 | $ 152,000 |
| Accomack County Virginia | 2 | $ 814,000 | $ 407,000 | $ 549,000 |
| Albemarle County Virginia | 2 | $ 285,000 | $ 142,000 | $ 122,000 |
| Fairfax County Virginia | 2 | $ 570,000 | $ 285,000 | $ 197,000 |
| Henrico County Virginia | 2 | $ 312,000 | $ 156,000 | $ 146,000 |
| Smyth County Virginia | 2 | $ 404,000 | $ 202,000 | $ 135,000 |
| Weld County Colorado | 1 | $ 186,000 | $ 186,000 | $ 44,000 |
| Marion County Florida | 1 | $ 177,000 | $ 177,000 | $ 218,000 |
| Palm Beach County Florida | 1 | $ 720,000 | $ 720,000 | $ 600,000 |
| Baltimore County Maryland | 1 | $ 311,000 | $ 311,000 | $ 87,000 |
| Beaufort County North Carolina | 1 | $ 197,000 | $ 197,000 | $ 97,000 |
| Cumberland County North Carolina | 1 | $ 120,000 | $ 120,000 | $ 543,000 |
| Granville County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 54,000 |
| Guilford County North Carolina | 1 | $ 121,000 | $ 121,000 | $ 56,000 |
| Hyde County North Carolina | 1 | $ 625,000 | $ 625,000 | $ 200,000 |
| Northampton County North Carolina | 1 | $ 327,000 | $ 327,000 | $ 282,000 |
| Onslow County North Carolina | 1 | $ 250,000 | $ 250,000 | $ 83,000 |
| Pender County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 176,000 |
| Wake County North Carolina | 1 | $ 161,000 | $ 161,000 | $ 65,000 |
| Washington County North Carolina | 1 | $ 67,000 | $ 67,000 | $ 22,000 |
| Watauga County North Carolina | 1 | $ 66,000 | $ 66,000 | $ 277,000 |
| Scioto County Ohio | 1 | $ 117,000 | $ 117,000 | $ 33,000 |
| Bucks County Pennsylvania | 1 | $ 283,000 | $ 283,000 | $ 105,000 |
| Cumberland County Pennsylvania | 1 | $ 212,000 | $ 212,000 | $ 65,000 |
| Philadelphia County Pennsylvania | 1 | $ 286,000 | $ 286,000 | $ 240,000 |
| Florence County South Carolina | 1 | $ 172,000 | $ 172,000 | $ 70,000 |
| Montgomery County Tennessee | 1 | $ 117,000 | $ 117,000 | $ 44,000 |
| Bexar County Texas | 1 | $ 268,000 | $ 268,000 | $ 70,000 |
| Alexandria County Virginia | 1 | $ 169,000 | $ 169,000 | $ 68,000 |
| Brunswick County Virginia | 1 | $ 195,000 | $ 195,000 | $ 63,000 |
| Charles City County Virginia | 1 | $ 510,000 | $ 510,000 | $ 556,000 |
| Charlottesville County Virginia | 1 | $ 300,000 | $ 300,000 | $ 91,000 |
| Greensville County Virginia | 1 | $ 102,000 | $ 102,000 | $ 23,000 |
| Halifax County Virginia | 1 | $ 300,000 | $ 300,000 | $ 55,000 |
| Hanover County Virginia | 1 | $ 150,000 | $ 150,000 | $ 86,000 |
| Loudoun County Virginia | 1 | $ 544,000 | $ 544,000 | $ 249,000 |
| Lynchburg County Virginia | 1 | $ 79,000 | $ 79,000 | $ 40,000 |
| Mathews County Virginia | 1 | $ 99,000 | $ 99,000 | $ 134,000 |
| Middlesex County Virginia | 1 | $ 173,000 | $ 173,000 | $ 45,000 |
| Northampton County Virginia | 1 | $ 277,000 | $ 277,000 | $ 73,000 |
| Pittsylvania County Virginia | 1 | $ 333,000 | $ 333,000 | $ 148,000 |
| Powhatan County Virginia | 1 | $ 173,000 | $ 173,000 | $ 49,000 |
| Roanoke County Virginia | 1 | $ 620,000 | $ 620,000 | $ 574,000 |
| Sussex County Virginia | 1 | $ 230,000 | $ 230,000 | $ 77,000 |
Mortgage Loan Application Detail Totals for Towne 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 | 2,144 | $515,140,000 | $240,000 | $13,000,000 | $97,000 | $5,140,000 |
| Refinancing | 651 | $175,392,000 | $269,000 | $1,700,000 | $121,000 | $1,932,000 |
| Home Improvement | 103 | $5,415,000 | $52,000 | $1,300,000 | $75,000 | $741,000 |
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 | 2,170 | $528,411,000 | $243,000 | $2,272,000 | $108,000 | $5,140,000 |
| Black or African American | 426 | $83,336,000 | $195,000 | $1,700,000 | $74,000 | $1,000,000 |
| Hispanic | 80 | $18,827,000 | $235,000 | $734,000 | $94,000 | $420,000 |
| Not applicable | 71 | $28,144,000 | $396,000 | $13,000,000 | $0 | $0 |
| Asian | 63 | $14,897,000 | $236,000 | $690,000 | $113,000 | $1,061,000 |
| Not Provided | 61 | $14,711,000 | $241,000 | $840,000 | $193,000 | $1,524,000 |
| Native Hawaiian or Other Pacific Islander | 22 | $5,355,000 | $243,000 | $769,000 | $87,000 | $231,000 |
| American Indian or Alaskan Native | 5 | $2,266,000 | $453,000 | $1,000,000 | $175,000 | $492,000 |
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) | 2,133 | $529,345,000 | $248,000 | $13,000,000 | $115,000 | $5,140,000 |
| VA-guaranteed (Veterans Administration) | 473 | $115,341,000 | $243,000 | $556,000 | $69,000 | $170,000 |
| FHA-insured (Federal Housing Administration) | 292 | $51,261,000 | $175,000 | $318,000 | $62,000 | $658,000 |
| 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 | 2,653 | $636,876,000 | $240,000 | $13,000,000 | $103,000 | $5,140,000 |
| Application Approved But Not Accepted | 98 | $25,563,000 | $260,000 | $1,000,000 | $104,000 | $393,000 |
| Application Withdrawn By Applicant | 88 | $24,199,000 | $274,000 | $1,000,000 | $100,000 | $492,000 |
| Application Denied By Financial Institution | 56 | $8,266,000 | $147,000 | $1,237,000 | $74,000 | $475,000 |
| File Closed For Incompleteness | 3 | $1,043,000 | $347,000 | $628,000 | $111,000 | $231,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 27 | $1,286,000 | $47,000 | $299,000 | $59,000 | $115,000 |
| Debt-To-Income Ratio | 14 | $4,309,000 | $307,000 | $1,237,000 | $102,000 | $475,000 |
| Employment History | 6 | $807,000 | $134,000 | $298,000 | $47,000 | $92,000 |
| Other | 6 | $1,412,000 | $235,000 | $357,000 | $90,000 | $175,000 |
| Collateral | 2 | $443,000 | $221,000 | $344,000 | $125,000 | $134,000 |
| Unverifiable Information | 1 | $9,000 | $9,000 | $9,000 | $46,000 | $46,000 |
| 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 Towne Bank's 2007 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 Towne Bank'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.