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 | 3,119 |
Total Mortgage Loan Application Amount | $1,406,605,000 |
Average Mortgage Loan Application Amount | $416,750 |
Highest Mortgage Loan Application Amount | $2,385,000 |
Average Applicant Income | $142,250 |
Highest Applicant Income | $9,329,000 |
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 | 582 | $ 327,450,000 | $ 562,000 | $ 191,000 |
Fairfax County Virginia | 465 | $ 230,145,000 | $ 494,000 | $ 154,000 |
Prince William County Virginia | 330 | $ 126,300,000 | $ 382,000 | $ 112,000 |
Montgomery County Maryland | 250 | $ 136,220,000 | $ 544,000 | $ 192,000 |
Prince George's County Maryland | 209 | $ 73,945,000 | $ 353,000 | $ 100,000 |
Loudoun County Virginia | 164 | $ 75,600,000 | $ 460,000 | $ 139,000 |
Anne Arundel County Maryland | 127 | $ 52,955,000 | $ 416,000 | $ 157,000 |
Calvert County Maryland | 108 | $ 42,680,000 | $ 395,000 | $ 109,000 |
Arlington County Virginia | 78 | $ 43,380,000 | $ 556,000 | $ 191,000 |
Alexandria County Virginia | 71 | $ 36,245,000 | $ 510,000 | $ 180,000 |
St. Mary's County Maryland | 65 | $ 23,725,000 | $ 365,000 | $ 122,000 |
Stafford County Virginia | 57 | $ 22,685,000 | $ 397,000 | $ 104,000 |
Spotsylvania County Virginia | 51 | $ 18,175,000 | $ 356,000 | $ 92,000 |
Fauquier County Virginia | 44 | $ 18,940,000 | $ 430,000 | $ 127,000 |
Charles County Maryland | 35 | $ 14,195,000 | $ 405,000 | $ 105,000 |
Frederick County Maryland | 34 | $ 13,000,000 | $ 382,000 | $ 107,000 |
Howard County Maryland | 29 | $ 14,065,000 | $ 485,000 | $ 158,000 |
Manassas County Virginia | 29 | $ 9,715,000 | $ 335,000 | $ 83,000 |
Culpeper County Virginia | 21 | $ 7,545,000 | $ 359,000 | $ 85,000 |
Fairfax City County Virginia | 20 | $ 10,070,000 | $ 503,000 | $ 623,000 |
Baltimore County Maryland | 18 | $ 4,750,000 | $ 263,000 | $ 94,000 |
Richmond City County Virginia | 17 | $ 5,815,000 | $ 342,000 | $ 427,000 |
Baltimore City County Maryland | 16 | $ 4,390,000 | $ 274,000 | $ 129,000 |
Worcester County Maryland | 16 | $ 5,200,000 | $ 325,000 | $ 229,000 |
Frederick County Virginia | 13 | $ 3,155,000 | $ 242,000 | $ 147,000 |
Warren County Virginia | 13 | $ 3,485,000 | $ 268,000 | $ 119,000 |
Manassas Park County Virginia | 12 | $ 3,990,000 | $ 332,000 | $ 77,000 |
Washington County Maryland | 11 | $ 2,315,000 | $ 210,000 | $ 153,000 |
Virginia Beach County Virginia | 10 | $ 3,090,000 | $ 309,000 | $ 137,000 |
Harford County Maryland | 8 | $ 2,390,000 | $ 298,000 | $ 71,000 |
Orange County Virginia | 8 | $ 2,310,000 | $ 288,000 | $ 94,000 |
Caroline County Virginia | 7 | $ 1,685,000 | $ 240,000 | $ 107,000 |
Henrico County Virginia | 7 | $ 1,705,000 | $ 243,000 | $ 247,000 |
Jefferson County West Virginia | 6 | $ 1,790,000 | $ 298,000 | $ 107,000 |
Currituck County North Carolina | 5 | $ 2,165,000 | $ 433,000 | $ 197,000 |
Clarke County Virginia | 5 | $ 3,065,000 | $ 613,000 | $ 197,000 |
Fredericksburg County Virginia | 5 | $ 1,895,000 | $ 379,000 | $ 122,000 |
Louisa County Virginia | 5 | $ 1,115,000 | $ 223,000 | $ 81,000 |
Portsmouth County Virginia | 5 | $ 875,000 | $ 175,000 | $ 187,000 |
Hillsborough County Florida | 4 | $ 2,140,000 | $ 535,000 | $ 147,000 |
Palm Beach County Florida | 4 | $ 1,120,000 | $ 280,000 | $ 145,000 |
Charleston County South Carolina | 4 | $ 1,320,000 | $ 330,000 | $ 46,000 |
Bedford County Virginia | 4 | $ 2,070,000 | $ 517,000 | $ 343,000 |
Chesapeake County Virginia | 4 | $ 1,010,000 | $ 252,000 | $ 165,000 |
King George County Virginia | 4 | $ 1,520,000 | $ 380,000 | $ 147,000 |
Northumberland County Virginia | 4 | $ 1,430,000 | $ 357,000 | $ 184,000 |
Shenandoah County Virginia | 4 | $ 640,000 | $ 160,000 | $ 82,000 |
Berkeley County West Virginia | 4 | $ 1,150,000 | $ 287,000 | $ 132,000 |
Charlotte County Florida | 3 | $ 475,000 | $ 158,000 | $ 94,000 |
Lee County Florida | 3 | $ 1,005,000 | $ 335,000 | $ 212,000 |
Nassau County Florida | 3 | $ 1,065,000 | $ 355,000 | $ 244,000 |
Sarasota County Florida | 3 | $ 1,345,000 | $ 448,000 | $ 178,000 |
Carroll County Maryland | 3 | $ 1,035,000 | $ 345,000 | $ 93,000 |
Dare County North Carolina | 3 | $ 1,215,000 | $ 405,000 | $ 187,000 |
Albemarle County Virginia | 3 | $ 1,495,000 | $ 498,000 | $ 212,000 |
Charlottesville County Virginia | 3 | $ 885,000 | $ 295,000 | $ 97,000 |
Chesterfield County Virginia | 3 | $ 1,855,000 | $ 618,000 | $ 303,000 |
Harrisonburg County Virginia | 3 | $ 455,000 | $ 151,000 | $ 154,000 |
Morgan County West Virginia | 3 | $ 875,000 | $ 291,000 | $ 174,000 |
Collier County Florida | 2 | $ 840,000 | $ 420,000 | $ 128,000 |
Polk County Florida | 2 | $ 580,000 | $ 290,000 | $ 83,000 |
St. Lucie County Florida | 2 | $ 530,000 | $ 265,000 | $ 57,000 |
Volusia County Florida | 2 | $ 470,000 | $ 235,000 | $ 228,000 |
DeKalb County Georgia | 2 | $ 570,000 | $ 285,000 | $ 49,000 |
Douglas County Georgia | 2 | $ 350,000 | $ 175,000 | $ 46,000 |
Fulton County Georgia | 2 | $ 630,000 | $ 315,000 | $ 148,000 |
Queen Anne's County Maryland | 2 | $ 800,000 | $ 400,000 | $ 111,000 |
Cumberland County North Carolina | 2 | $ 370,000 | $ 185,000 | $ 110,000 |
Mecklenburg County North Carolina | 2 | $ 560,000 | $ 280,000 | $ 100,000 |
Adams County Pennsylvania | 2 | $ 340,000 | $ 170,000 | $ 48,000 |
Franklin County Pennsylvania | 2 | $ 520,000 | $ 260,000 | $ 57,000 |
Montgomery County Pennsylvania | 2 | $ 790,000 | $ 395,000 | $ 185,000 |
Berkeley County South Carolina | 2 | $ 460,000 | $ 230,000 | $ 76,000 |
Greene County Virginia | 2 | $ 480,000 | $ 240,000 | $ 122,000 |
Norfolk County Virginia | 2 | $ 390,000 | $ 195,000 | $ 80,000 |
Pulaski County Virginia | 2 | $ 670,000 | $ 335,000 | $ 159,000 |
Rappahannock County Virginia | 2 | $ 900,000 | $ 450,000 | $ 144,000 |
Rockingham County Virginia | 2 | $ 510,000 | $ 255,000 | $ 199,000 |
Westmoreland County Virginia | 2 | $ 390,000 | $ 195,000 | $ 231,000 |
Broward County Florida | 1 | $ 335,000 | $ 335,000 | $ 32,000 |
Calhoun County Florida | 1 | $ 185,000 | $ 185,000 | $ 64,000 |
Duval County Florida | 1 | $ 85,000 | $ 85,000 | $ 140,000 |
Escambia County Florida | 1 | $ 215,000 | $ 215,000 | $ 129,000 |
Leon County Florida | 1 | $ 265,000 | $ 265,000 | $ 75,000 |
Manatee County Florida | 1 | $ 545,000 | $ 545,000 | $ 378,000 |
Marion County Florida | 1 | $ 185,000 | $ 185,000 | $ 39,000 |
Martin County Florida | 1 | $ 405,000 | $ 405,000 | $ 222,000 |
Miami-Dade County Florida | 1 | $ 455,000 | $ 455,000 | $ 654,000 |
Okaloosa County Florida | 1 | $ 135,000 | $ 135,000 | $ 109,000 |
Osceola County Florida | 1 | $ 405,000 | $ 405,000 | $ 245,000 |
Pasco County Florida | 1 | $ 195,000 | $ 195,000 | $ 66,000 |
Pinellas County Florida | 1 | $ 375,000 | $ 375,000 | $ 185,000 |
Bryan County Georgia | 1 | $ 215,000 | $ 215,000 | $ 0 |
Cherokee County Georgia | 1 | $ 195,000 | $ 195,000 | $ 58,000 |
Cobb County Georgia | 1 | $ 165,000 | $ 165,000 | $ 152,000 |
Glynn County Georgia | 1 | $ 545,000 | $ 545,000 | $ 374,000 |
Paulding County Georgia | 1 | $ 315,000 | $ 315,000 | $ 66,000 |
Caroline County Maryland | 1 | $ 195,000 | $ 195,000 | $ 101,000 |
Dorchester County Maryland | 1 | $ 545,000 | $ 545,000 | $ 435,000 |
Garrett County Maryland | 1 | $ 125,000 | $ 125,000 | $ 52,000 |
Kent County Maryland | 1 | $ 205,000 | $ 205,000 | $ 99,000 |
Chatham County North Carolina | 1 | $ 755,000 | $ 755,000 | $ 0 |
Forsyth County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 62,000 |
Moore County North Carolina | 1 | $ 215,000 | $ 215,000 | $ 42,000 |
Onslow County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 50,000 |
Orange County North Carolina | 1 | $ 335,000 | $ 335,000 | $ 100,000 |
Wake County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 114,000 |
Yancey County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 34,000 |
Bucks County Pennsylvania | 1 | $ 685,000 | $ 685,000 | $ 0 |
Cambria County Pennsylvania | 1 | $ 355,000 | $ 355,000 | $ 225,000 |
Cumberland County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 170,000 |
Delaware County Pennsylvania | 1 | $ 445,000 | $ 445,000 | $ 545,000 |
Northampton County Pennsylvania | 1 | $ 595,000 | $ 595,000 | $ 1,100,000 |
Somerset County Pennsylvania | 1 | $ 295,000 | $ 295,000 | $ 168,000 |
Georgetown County South Carolina | 1 | $ 155,000 | $ 155,000 | $ 280,000 |
Horry County South Carolina | 1 | $ 255,000 | $ 255,000 | $ 219,000 |
Williamson County Tennessee | 1 | $ 455,000 | $ 455,000 | $ 174,000 |
Accomack County Virginia | 1 | $ 95,000 | $ 95,000 | $ 54,000 |
Floyd County Virginia | 1 | $ 145,000 | $ 145,000 | $ 42,000 |
Hanover County Virginia | 1 | $ 405,000 | $ 405,000 | $ 60,000 |
Lancaster County Virginia | 1 | $ 375,000 | $ 375,000 | $ 193,000 |
Lunenburg County Virginia | 1 | $ 135,000 | $ 135,000 | $ 82,000 |
Lynchburg County Virginia | 1 | $ 75,000 | $ 75,000 | $ 146,000 |
Mathews County Virginia | 1 | $ 1,455,000 | $ 1,455,000 | $ 693,000 |
Middlesex County Virginia | 1 | $ 505,000 | $ 505,000 | $ 472,000 |
Salem County Virginia | 1 | $ 285,000 | $ 285,000 | $ 146,000 |
Winchester County Virginia | 1 | $ 425,000 | $ 425,000 | $ 97,000 |
Wythe County Virginia | 1 | $ 395,000 | $ 395,000 | $ 159,000 |
Cabell County West Virginia | 1 | $ 555,000 | $ 555,000 | $ 162,000 |
Hampshire County West Virginia | 1 | $ 665,000 | $ 665,000 | $ 215,000 |
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.
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 | 1,889 | $903,605,000 | $478,000 | $2,385,000 | $159,000 | $9,329,000 |
Refinancing | 884 | $369,130,000 | $417,000 | $1,605,000 | $147,000 | $1,845,000 |
Cash-out Refinancing | 312 | $120,740,000 | $386,000 | $1,205,000 | $148,000 | $601,000 |
Home Improvement | 34 | $13,130,000 | $386,000 | $905,000 | $115,000 | $261,000 |
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 | 1,427 | $687,045,000 | $481,000 | $1,985,000 | $171,000 | $2,184,000 |
Hispanic | 635 | $222,165,000 | $349,000 | $1,085,000 | $107,000 | $9,329,000 |
Not Provided | 510 | $257,300,000 | $504,000 | $2,065,000 | $167,000 | $1,100,000 |
Black or African American | 320 | $133,900,000 | $418,000 | $2,385,000 | $133,000 | $786,000 |
Asian | 178 | $81,750,000 | $459,000 | $1,305,000 | $177,000 | $1,845,000 |
American Indian or Alaskan Native | 7 | $2,585,000 | $369,000 | $555,000 | $157,000 | $289,000 |
Native Hawaiian or Other Pacific Islander | 7 | $3,685,000 | $526,000 | $1,395,000 | $163,000 | $258,000 |
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) | 2,459 | $1,113,315,000 | $452,000 | $2,385,000 | $170,000 | $9,329,000 |
VA-guaranteed (Veterans Administration) | 318 | $171,870,000 | $540,000 | $2,065,000 | $109,000 | $475,000 |
FHA-insured (Federal Housing Administration) | 314 | $113,170,000 | $360,000 | $975,000 | $79,000 | $214,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 28 | $8,250,000 | $294,000 | $425,000 | $76,000 | $117,000 |
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 | 2,741 | $1,238,485,000 | $451,000 | $2,275,000 | $156,000 | $9,329,000 |
Application Withdrawn By Applicant | 318 | $145,230,000 | $456,000 | $2,385,000 | $146,000 | $786,000 |
Application Denied By Financial Institution | 46 | $16,930,000 | $368,000 | $765,000 | $115,000 | $363,000 |
Application Approved But Not Accepted | 13 | $5,545,000 | $426,000 | $765,000 | $121,000 | $246,000 |
File Closed For Incompleteness | 1 | $415,000 | $415,000 | $415,000 | $0 | $0 |
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 | 3,073 | $1,389,675,000 | $452,000 | $2,385,000 | $155,000 | $9,329,000 |
Debt-To-Income Ratio | 17 | $5,865,000 | $345,000 | $575,000 | $76,000 | $130,000 |
Collateral | 11 | $4,575,000 | $415,000 | $655,000 | $165,000 | $320,000 |
Credit History | 10 | $3,560,000 | $356,000 | $765,000 | $151,000 | $363,000 |
Unverifiable Information | 4 | $1,590,000 | $397,000 | $545,000 | $106,000 | $154,000 |
Employment History | 2 | $780,000 | $390,000 | $445,000 | $102,000 | $129,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $560,000 | $280,000 | $325,000 | $32,000 | $64,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Other | 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.