Vellum Mortgage, Inc.
Mortgage Loan Application
Totals and Details
for 2020
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 Vellum Mortgage, Inc..
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 | Vellum Mortgage, Inc. 12700 Fair Lakes Cir Suite 400 Fairfax, VA 22030 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 |
| Total Number of Mortgage Applications | 3,321 |
| Total Mortgage Loan Application Amount | $1,394,865,000 |
| Average Mortgage Loan Application Amount | $392,000 |
| Highest Mortgage Loan Application Amount | $3,195,000 |
| Average Applicant Income | $143,000 |
| Highest Applicant Income | $2,641,000 |
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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| District of Columbia County District Of Columbia | 726 | $ 384,170,000 | $ 529,000 | $ 190,000 |
| Fairfax County Virginia | 575 | $ 261,915,000 | $ 455,000 | $ 154,000 |
| Prince William County Virginia | 351 | $ 123,835,000 | $ 352,000 | $ 114,000 |
| Montgomery County Maryland | 270 | $ 119,950,000 | $ 444,000 | $ 168,000 |
| Loudoun County Virginia | 270 | $ 113,820,000 | $ 421,000 | $ 150,000 |
| Prince George's County Maryland | 203 | $ 63,955,000 | $ 315,000 | $ 91,000 |
| Arlington County Virginia | 105 | $ 53,825,000 | $ 512,000 | $ 200,000 |
| Alexandria County Virginia | 79 | $ 35,145,000 | $ 444,000 | $ 164,000 |
| Anne Arundel County Maryland | 73 | $ 28,665,000 | $ 392,000 | $ 176,000 |
| Stafford County Virginia | 72 | $ 22,370,000 | $ 310,000 | $ 96,000 |
| Fauquier County Virginia | 62 | $ 24,130,000 | $ 389,000 | $ 138,000 |
| Spotsylvania County Virginia | 58 | $ 17,900,000 | $ 308,000 | $ 105,000 |
| Charles County Maryland | 30 | $ 9,940,000 | $ 331,000 | $ 95,000 |
| Manassas County Virginia | 30 | $ 8,840,000 | $ 294,000 | $ 85,000 |
| Calvert County Maryland | 27 | $ 10,005,000 | $ 370,000 | $ 123,000 |
| Fairfax City County Virginia | 23 | $ 10,845,000 | $ 471,000 | $ 152,000 |
| Frederick County Virginia | 23 | $ 5,955,000 | $ 258,000 | $ 81,000 |
| Baltimore City County Maryland | 22 | $ 3,990,000 | $ 181,000 | $ 103,000 |
| Culpeper County Virginia | 20 | $ 6,460,000 | $ 323,000 | $ 105,000 |
| Warren County Virginia | 20 | $ 5,440,000 | $ 272,000 | $ 107,000 |
| Frederick County Maryland | 19 | $ 5,825,000 | $ 306,000 | $ 88,000 |
| Baltimore County Maryland | 17 | $ 3,975,000 | $ 233,000 | $ 116,000 |
| Howard County Maryland | 17 | $ 5,865,000 | $ 345,000 | $ 135,000 |
| Manassas Park County Virginia | 17 | $ 5,165,000 | $ 303,000 | $ 64,000 |
| Richmond City County Virginia | 15 | $ 3,365,000 | $ 224,000 | $ 250,000 |
| Chesterfield County Virginia | 9 | $ 2,755,000 | $ 306,000 | $ 91,000 |
| Virginia Beach County Virginia | 9 | $ 3,785,000 | $ 420,000 | $ 113,000 |
| Worcester County Maryland | 6 | $ 2,240,000 | $ 373,000 | $ 213,000 |
| Charleston County South Carolina | 6 | $ 1,850,000 | $ 308,000 | $ 150,000 |
| Caroline County Virginia | 6 | $ 810,000 | $ 135,000 | $ 70,000 |
| Louisa County Virginia | 6 | $ 1,790,000 | $ 298,000 | $ 117,000 |
| Pasco County Florida | 5 | $ 1,085,000 | $ 217,000 | $ 110,000 |
| Clarke County Virginia | 5 | $ 1,765,000 | $ 353,000 | $ 98,000 |
| Henrico County Virginia | 5 | $ 1,185,000 | $ 237,000 | $ 90,000 |
| Shenandoah County Virginia | 5 | $ 1,265,000 | $ 253,000 | $ 126,000 |
| Miami-Dade County Florida | 4 | $ 1,110,000 | $ 277,000 | $ 119,000 |
| Carroll County Maryland | 4 | $ 1,400,000 | $ 350,000 | $ 126,000 |
| Harford County Maryland | 4 | $ 1,230,000 | $ 307,000 | $ 109,000 |
| Washington County Maryland | 4 | $ 1,170,000 | $ 292,000 | $ 93,000 |
| Falls Church County Virginia | 4 | $ 1,850,000 | $ 462,000 | $ 121,000 |
| Hanover County Virginia | 4 | $ 1,170,000 | $ 292,000 | $ 190,000 |
| Rockingham County Virginia | 4 | $ 1,540,000 | $ 385,000 | $ 205,000 |
| Palm Beach County Florida | 3 | $ 1,075,000 | $ 358,000 | $ 160,000 |
| Queen Anne's County Maryland | 3 | $ 1,165,000 | $ 388,000 | $ 139,000 |
| St. Mary's County Maryland | 3 | $ 1,045,000 | $ 348,000 | $ 114,000 |
| Dare County North Carolina | 3 | $ 1,185,000 | $ 395,000 | $ 312,000 |
| Charlottesville County Virginia | 3 | $ 755,000 | $ 251,000 | $ 112,000 |
| Page County Virginia | 3 | $ 565,000 | $ 188,000 | $ 139,000 |
| Rappahannock County Virginia | 3 | $ 1,415,000 | $ 471,000 | $ 239,000 |
| Westmoreland County Virginia | 3 | $ 785,000 | $ 261,000 | $ 157,000 |
| Duval County Florida | 2 | $ 450,000 | $ 225,000 | $ 69,000 |
| DeKalb County Georgia | 2 | $ 440,000 | $ 220,000 | $ 80,000 |
| Douglas County Georgia | 2 | $ 360,000 | $ 180,000 | $ 50,000 |
| Caroline County Maryland | 2 | $ 370,000 | $ 185,000 | $ 90,000 |
| Talbot County Maryland | 2 | $ 1,680,000 | $ 840,000 | $ 1,088,000 |
| Brunswick County North Carolina | 2 | $ 350,000 | $ 175,000 | $ 107,000 |
| Mecklenburg County North Carolina | 2 | $ 190,000 | $ 95,000 | $ 49,000 |
| Montgomery County Pennsylvania | 2 | $ 530,000 | $ 265,000 | $ 193,000 |
| Horry County South Carolina | 2 | $ 530,000 | $ 265,000 | $ 96,000 |
| Blount County Tennessee | 2 | $ 420,000 | $ 210,000 | $ 97,000 |
| Albemarle County Virginia | 2 | $ 730,000 | $ 365,000 | $ 149,000 |
| Bedford County Virginia | 2 | $ 780,000 | $ 390,000 | $ 267,000 |
| Fredericksburg County Virginia | 2 | $ 610,000 | $ 305,000 | $ 137,000 |
| Lynchburg County Virginia | 2 | $ 250,000 | $ 125,000 | $ 137,000 |
| Orange County Virginia | 2 | $ 380,000 | $ 190,000 | $ 46,000 |
| Winchester County Virginia | 2 | $ 700,000 | $ 350,000 | $ 124,000 |
| Brevard County Florida | 1 | $ 345,000 | $ 345,000 | $ 164,000 |
| Broward County Florida | 1 | $ 955,000 | $ 955,000 | $ 575,000 |
| Collier County Florida | 1 | $ 265,000 | $ 265,000 | $ 237,000 |
| Hillsborough County Florida | 1 | $ 345,000 | $ 345,000 | $ 364,000 |
| Lee County Florida | 1 | $ 425,000 | $ 425,000 | $ 227,000 |
| Manatee County Florida | 1 | $ 245,000 | $ 245,000 | $ 55,000 |
| Orange County Florida | 1 | $ 455,000 | $ 455,000 | $ 173,000 |
| Pinellas County Florida | 1 | $ 415,000 | $ 415,000 | $ 413,000 |
| Sarasota County Florida | 1 | $ 285,000 | $ 285,000 | $ 130,000 |
| Chatham County Georgia | 1 | $ 175,000 | $ 175,000 | $ 140,000 |
| Cherokee County Georgia | 1 | $ 265,000 | $ 265,000 | $ 113,000 |
| Cobb County Georgia | 1 | $ 275,000 | $ 275,000 | $ 66,000 |
| Fulton County Georgia | 1 | $ 335,000 | $ 335,000 | $ 102,000 |
| Habersham County Georgia | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Paulding County Georgia | 1 | $ 285,000 | $ 285,000 | $ 83,000 |
| Cecil County Maryland | 1 | $ 165,000 | $ 165,000 | $ 61,000 |
| Garrett County Maryland | 1 | $ 185,000 | $ 185,000 | $ 191,000 |
| Kent County Maryland | 1 | $ 165,000 | $ 165,000 | $ 227,000 |
| Somerset County Maryland | 1 | $ 125,000 | $ 125,000 | $ 171,000 |
| Caswell County North Carolina | 1 | $ 515,000 | $ 515,000 | $ 261,000 |
| Chatham County North Carolina | 1 | $ 365,000 | $ 365,000 | $ 76,000 |
| Cumberland County North Carolina | 1 | $ 245,000 | $ 245,000 | $ 77,000 |
| Currituck County North Carolina | 1 | $ 375,000 | $ 375,000 | $ 222,000 |
| Durham County North Carolina | 1 | $ 325,000 | $ 325,000 | $ 150,000 |
| Forsyth County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 58,000 |
| New Hanover County North Carolina | 1 | $ 285,000 | $ 285,000 | $ 58,000 |
| Union County North Carolina | 1 | $ 275,000 | $ 275,000 | $ 85,000 |
| Vance County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 95,000 |
| Wake County North Carolina | 1 | $ 215,000 | $ 215,000 | $ 198,000 |
| Bedford County Pennsylvania | 1 | $ 295,000 | $ 295,000 | $ 74,000 |
| Delaware County Pennsylvania | 1 | $ 275,000 | $ 275,000 | $ 80,000 |
| Philadelphia County Pennsylvania | 1 | $ 195,000 | $ 195,000 | $ 242,000 |
| Greenville County South Carolina | 1 | $ 515,000 | $ 515,000 | $ 940,000 |
| Lancaster County South Carolina | 1 | $ 325,000 | $ 325,000 | $ 125,000 |
| Richland County South Carolina | 1 | $ 205,000 | $ 205,000 | $ 162,000 |
| York County South Carolina | 1 | $ 205,000 | $ 205,000 | $ 118,000 |
| Williamson County Tennessee | 1 | $ 225,000 | $ 225,000 | $ 112,000 |
| Bath County Virginia | 1 | $ 75,000 | $ 75,000 | $ 175,000 |
| Chesapeake County Virginia | 1 | $ 325,000 | $ 325,000 | $ 67,000 |
| Floyd County Virginia | 1 | $ 145,000 | $ 145,000 | $ 42,000 |
| Fluvanna County Virginia | 1 | $ 325,000 | $ 325,000 | $ 0 |
| James City County Virginia | 1 | $ 315,000 | $ 315,000 | $ 166,000 |
| Nelson County Virginia | 1 | $ 355,000 | $ 355,000 | $ 525,000 |
| Prince Edward County Virginia | 1 | $ 205,000 | $ 205,000 | $ 89,000 |
| Roanoke County Virginia | 1 | $ 125,000 | $ 125,000 | $ 24,000 |
| Waynesboro County Virginia | 1 | $ 155,000 | $ 155,000 | $ 77,000 |
| Morgan County West Virginia | 1 | $ 145,000 | $ 145,000 | $ 157,000 |
| Randolph County West Virginia | 1 | $ 65,000 | $ 65,000 | $ 45,000 |
| Tucker County West Virginia | 1 | $ 155,000 | $ 155,000 | $ 275,000 |
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 Vellum Mortgage, Inc. in 2020
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 | 1,651 | $667,825,000 | $404,000 | $1,125,000 | $155,000 | $898,000 |
| Home Purchase | 1,412 | $627,270,000 | $444,000 | $2,305,000 | $147,000 | $2,641,000 |
| Cash-out Refinancing | 252 | $97,770,000 | $387,000 | $3,195,000 | $151,000 | $794,000 |
| Home Improvement | 6 | $2,000,000 | $333,000 | $475,000 | $119,000 | $285,000 |
| 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 | 1,659 | $749,055,000 | $451,000 | $3,195,000 | $168,000 | $1,170,000 |
| Hispanic | 608 | $200,530,000 | $329,000 | $1,035,000 | $90,000 | $443,000 |
| Not Provided | 525 | $241,295,000 | $459,000 | $1,505,000 | $181,000 | $2,641,000 |
| Black or African American | 281 | $97,455,000 | $346,000 | $965,000 | $110,000 | $400,000 |
| Asian | 173 | $72,245,000 | $417,000 | $1,455,000 | $164,000 | $940,000 |
| American Indian or Alaskan Native | 9 | $3,915,000 | $435,000 | $925,000 | $114,000 | $406,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $820,000 | $410,000 | $445,000 | $112,000 | $150,000 |
| Not applicable | 1 | $365,000 | $365,000 | $365,000 | $79,000 | $79,000 |
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) | 2,732 | $1,136,230,000 | $415,000 | $1,625,000 | $161,000 | $2,641,000 |
| VA-guaranteed (Veterans Administration) | 337 | $172,545,000 | $512,000 | $3,195,000 | $110,000 | $572,000 |
| FHA-insured (Federal Housing Administration) | 246 | $84,510,000 | $343,000 | $995,000 | $81,000 | $284,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 6 | $1,580,000 | $263,000 | $345,000 | $75,000 | $93,000 |
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 | 3,071 | $1,287,455,000 | $419,000 | $3,195,000 | $150,000 | $1,700,000 |
| Application Withdrawn By Applicant | 209 | $91,355,000 | $437,000 | $1,625,000 | $162,000 | $2,641,000 |
| Application Denied By Financial Institution | 20 | $8,180,000 | $409,000 | $855,000 | $213,000 | $1,960,000 |
| Application Approved But Not Accepted | 14 | $3,960,000 | $282,000 | $395,000 | $101,000 | $230,000 |
| File Closed For Incompleteness | 7 | $3,915,000 | $559,000 | $915,000 | $157,000 | $424,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 3,301 | $1,386,685,000 | $420,000 | $3,195,000 | $151,000 | $2,641,000 |
| Debt-To-Income Ratio | 11 | $4,775,000 | $434,000 | $705,000 | $100,000 | $174,000 |
| Credit History | 5 | $1,925,000 | $385,000 | $605,000 | $148,000 | $277,000 |
| Employment History | 1 | $295,000 | $295,000 | $295,000 | $69,000 | $69,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $225,000 | $225,000 | $225,000 | $61,000 | $61,000 |
| Collateral | 1 | $105,000 | $105,000 | $105,000 | $220,000 | $220,000 |
| Credit Application Incomplete | 1 | $855,000 | $855,000 | $855,000 | $1,960,000 | $1,960,000 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 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.