Verus Mortgage Lending & HMDA Data, 2025

In 2025, Verus of Washington, DC reported 1,029 mortgage applications totaling $582.2 million. The average application was for $565,777, and applicants reported an average income of $588,568. 63% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (89), Miami-Miami Beach-Kendall, FL (56) and Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (39) (applications in parentheses).

Mortgage Company & Address Verus
2001 M Street Suite 300
Washington, DC 20036
Federal Regulator * available with data download
Years 2025  
Total Number of Mortgage Applications 1,029
Total Mortgage Loan Application Amount $582,185,000
Average Mortgage Loan Application Amount $565,777
Highest Mortgage Loan Application Amount $4,955,000
Average Applicant Income $588,568
Highest Applicant Income $9,370,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Verus filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Verus by Metropolitan Area in 2025

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Outside any metro area 91 $ 48,775,000 $ 535,989 $ 644,191
Los Angeles-Long Beach-Glendale, CA 89 $ 82,075,000 $ 922,191 $ 670,000
Miami-Miami Beach-Kendall, FL 56 $ 28,470,000 $ 508,392 $ 814,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 39 $ 20,125,000 $ 516,025 $ 503,000
Orlando-Kissimmee-Sanford, FL 38 $ 13,340,000 $ 351,052 $ 668,000
Houston-The Woodlands-Sugar Land, TX 36 $ 12,830,000 $ 356,388 $ 643,000
Anaheim-Santa Ana-Irvine, CA 35 $ 30,855,000 $ 881,571 $ 745,000
New York-Jersey City-White Plains, NY-NJ 32 $ 19,060,000 $ 595,625 $ 519,000
Lakewood-New Brunswick, NJ 29 $ 13,895,000 $ 479,137 $ 268,000
Riverside-San Bernardino-Ontario, CA 21 $ 13,745,000 $ 654,523 $ 497,000
San Diego-Carlsbad, CA 21 $ 15,925,000 $ 758,333 $ 505,000
Lakeland-Winter Haven, FL 20 $ 4,590,000 $ 229,500 $ 279,000
Atlanta-Sandy Springs-Roswell, GA 19 $ 10,095,000 $ 531,315 $ 235,000
Chicago-Naperville, IL 16 $ 4,380,000 $ 273,750 $ 161,000
Dallas-Plano-Irving, TX 16 $ 8,320,000 $ 520,000 $ 2,757,000
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 16 $ 6,030,000 $ 376,875 $ 156,000
Portland-Vancouver-Hillsboro, OR-WA 15 $ 8,355,000 $ 557,000 $ 494,600
St. George, UT 15 $ 6,145,000 $ 409,666 $ 335,000
West Palm Beach-Boca Raton-Delray Beach, FL 15 $ 13,025,000 $ 868,333 $ 749,000
Naples-Immokalee-Marco Island, FL 14 $ 9,720,000 $ 694,285 $ 1,365,000
Denver-Aurora-Lakewood, CO 12 $ 7,420,000 $ 618,333 $ 1,657,000
Newark, NJ-PA 12 $ 7,770,000 $ 647,500 $ 410,000
Oxnard-Thousand Oaks-Ventura, CA 12 $ 11,210,000 $ 934,166 $ 565,000
Salt Lake City, UT 12 $ 7,700,000 $ 641,666 $ 446,000
Cape Coral-Fort Myers, FL 11 $ 6,065,000 $ 551,363 $ 652,000
Tampa, FL 11 $ 10,355,000 $ 941,363 $ 1,106,000
Austin-Round Rock, TX 10 $ 8,150,000 $ 815,000 $ 205,000
San Antonio-New Braunfels, TX 10 $ 4,390,000 $ 439,000 $ 406,000
Nashville-Davidson--Murfreesboro--Franklin, TN 9 $ 8,725,000 $ 969,444 $ 1,113,000
North Port-Sarasota-Bradenton, FL 9 $ 5,515,000 $ 612,777 $ 253,000
Port St. Lucie, FL 9 $ 4,345,000 $ 482,777 $ 415,000
Charlotte-Concord-Gastonia, NC-SC 8 $ 5,960,000 $ 745,000 $ 784,000
Daphne-Fairhope-Foley, AL 8 $ 5,890,000 $ 736,250 $ 343,000
Minneapolis-St. Paul-Bloomington, MN-WI 8 $ 3,610,000 $ 451,250 $ 508,625
Phoenix-Mesa-Scottsdale, AZ 8 $ 6,330,000 $ 791,250 $ 1,480,000
Punta Gorda, FL 8 $ 2,140,000 $ 267,500 $ 0
Wilmington, DE-MD-NJ 8 $ 2,230,000 $ 278,750 $ 8,000
Camden, NJ 7 $ 2,475,000 $ 353,571 $ 189,000
Crestview-Fort Walton Beach-Destin, FL 7 $ 3,625,000 $ 517,857 $ 273,000
Birmingham-Hoover, AL 6 $ 1,560,000 $ 260,000 $ 1,313,000
Colorado Springs, CO 6 $ 2,040,000 $ 340,000 $ 80,000
Fort Worth-Arlington, TX 6 $ 1,520,000 $ 253,333 $ 305,000
Deltona-Daytona Beach-Ormond Beach, FL 5 $ 1,275,000 $ 255,000 $ 135,000
Ogden-Clearfield, UT 5 $ 7,265,000 $ 1,453,000 $ 899,000
Pensacola-Ferry Pass-Brent, FL 5 $ 1,375,000 $ 275,000 $ 399,000
Richmond, VA 5 $ 1,035,000 $ 207,000 $ 1,879,000
St. Petersburg-Clearwater-Largo, FL 5 $ 1,765,000 $ 353,000 $ 106,000
Allentown-Bethlehem-Easton, PA-NJ 4 $ 1,250,000 $ 312,500 $ 0
Atlantic City-Hammonton, NJ 4 $ 3,610,000 $ 902,500 $ 432,000
Jacksonville, FL 4 $ 2,300,000 $ 575,000 $ 843,000
Kansas City, MO-KS 4 $ 1,500,000 $ 375,000 $ 598,000
Montgomery County-Bucks County-Chester County, PA 4 $ 1,540,000 $ 385,000 $ 141,000
Provo-Orem, UT 4 $ 1,950,000 $ 487,500 $ 337,000
Seattle-Bellevue-Everett, WA 4 $ 2,580,000 $ 645,000 $ 92,000
Urban Honolulu, HI 4 $ 2,040,000 $ 510,000 $ 0
Arlington-Alexandria-Reston, VA-WV 3 $ 775,000 $ 258,333 $ 258,666
Eau Claire, WI 3 $ 505,000 $ 168,333 $ 0
Marietta, GA 3 $ 3,195,000 $ 1,065,000 $ 693,000
Memphis, TN-MS-AR 3 $ 375,000 $ 125,000 $ 0
Oakland-Hayward-Berkeley, CA 3 $ 1,145,000 $ 381,666 $ 153,000
Roanoke, VA 3 $ 1,365,000 $ 455,000 $ 0
Santa Rosa, CA 3 $ 2,585,000 $ 861,666 $ 0
Scranton--Wilkes-Barre--Hazleton, PA 3 $ 755,000 $ 251,666 $ 0
Washington, DC-MD 3 $ 1,815,000 $ 605,000 $ 0
Wilmington, NC 3 $ 1,305,000 $ 435,000 $ 2,128,000
Bozeman, MT 2 $ 1,240,000 $ 620,000 $ 123,000
Bridgeport-Stamford-Norwalk, CT 2 $ 870,000 $ 435,000 $ 160,000
Charlottesville, VA 2 $ 860,000 $ 430,000 $ 0
Cincinnati, OH-KY-IN 2 $ 450,000 $ 225,000 $ 0
Columbus, OH 2 $ 310,000 $ 155,000 $ 0
El Paso, TX 2 $ 380,000 $ 190,000 $ 70,000
Elgin, IL 2 $ 580,000 $ 290,000 $ 43,000
Greenville-Anderson-Mauldin, SC 2 $ 350,000 $ 175,000 $ 161,000
Gulfport-Biloxi-Pascagoula, MS 2 $ 510,000 $ 255,000 $ 98,000
Indianapolis-Carmel-Anderson, IN 2 $ 300,000 $ 150,000 $ 4,000
Knoxville, TN 2 $ 560,000 $ 280,000 $ 102,000
McAllen-Edinburg-Mission, TX 2 $ 580,000 $ 290,000 $ 0
Modesto, CA 2 $ 520,000 $ 260,000 $ 165,000
Nassau County-Suffolk County, NY 2 $ 1,090,000 $ 545,000 $ 0
New Haven-Milford, CT 2 $ 1,240,000 $ 620,000 $ 1,039,000
Oklahoma City, OK 2 $ 990,000 $ 495,000 $ 259,000
Philadelphia, PA 2 $ 1,010,000 $ 505,000 $ 633,000
Prescott Valley-Prescott, AZ 2 $ 960,000 $ 480,000 $ 983,000
Raleigh, NC 2 $ 760,000 $ 380,000 $ 0
Sacramento--Roseville--Arden-Arcade, CA 2 $ 1,030,000 $ 515,000 $ 275,000
Trenton, NJ 2 $ 470,000 $ 235,000 $ 140,000
Virginia Beach-Norfolk-Newport News, VA-NC 2 $ 1,430,000 $ 715,000 $ 149,000
Washington-Baltimore-Arlington, DC 2 $ 680,000 $ 340,000 $ 136,000
Albany, OR 1 $ 305,000 $ 305,000 $ 77,000
Albany-Schenectady-Troy, NY 1 $ 185,000 $ 185,000 $ 0
Albuquerque, NM 1 $ 285,000 $ 285,000 $ 0
Appleton, WI 1 $ 385,000 $ 385,000 $ 0
Asheville, NC 1 $ 605,000 $ 605,000 $ 0
Bakersfield, CA 1 $ 295,000 $ 295,000 $ 0
Baltimore-Columbia-Towson, MD 1 $ 205,000 $ 205,000 $ 0
Baton Rouge, LA 1 $ 125,000 $ 125,000 $ 0
Bend-Redmond, OR 1 $ 1,325,000 $ 1,325,000 $ 1,462,000
Billings, MT 1 $ 505,000 $ 505,000 $ 0
Boise City, ID 1 $ 355,000 $ 355,000 $ 120,000
Boston, MA 1 $ 845,000 $ 845,000 $ 0
Boulder, CO 1 $ 155,000 $ 155,000 $ 78,000
Buffalo-Cheektowaga-Niagara Falls, NY 1 $ 185,000 $ 185,000 $ 0
Cambridge-Newton-Framingham, MA 1 $ 595,000 $ 595,000 $ 0
Cape Girardeau, MO-IL 1 $ 825,000 $ 825,000 $ 0
Chattanooga, TN-GA 1 $ 165,000 $ 165,000 $ 158,000
Clarksville, TN-KY 1 $ 155,000 $ 155,000 $ 0
Cleveland, OH 1 $ 105,000 $ 105,000 $ 0
Coeur D'Alene, ID 1 $ 675,000 $ 675,000 $ 307,000
Columbia, SC 1 $ 235,000 $ 235,000 $ 0
Dayton-Springfield-Kettering, OH 1 $ 215,000 $ 215,000 $ 0
Des Moines-West Des Moines, IA 1 $ 435,000 $ 435,000 $ 162,000
Durham-Chapel Hill, NC 1 $ 175,000 $ 175,000 $ 0
Flagstaff, AZ 1 $ 1,945,000 $ 1,945,000 $ 0
Fort Collins, CO 1 $ 715,000 $ 715,000 $ 0
Fort Wayne, IN 1 $ 175,000 $ 175,000 $ 120,000
Gainesville, GA 1 $ 155,000 $ 155,000 $ 0
Gettysburg, PA 1 $ 275,000 $ 275,000 $ 0
Greenville, NC 1 $ 525,000 $ 525,000 $ 0
Hartford-West Hartford-East Hartford, CT 1 $ 635,000 $ 635,000 $ 0
Huntsville, AL 1 $ 205,000 $ 205,000 $ 331,000
Iowa City, IA 1 $ 425,000 $ 425,000 $ 0
Jackson, MS 1 $ 195,000 $ 195,000 $ 184,000
Jacksonville, NC 1 $ 145,000 $ 145,000 $ 118,000
Kahului-Wailuku-Lahaina, HI 1 $ 485,000 $ 485,000 $ 0
Killeen-Temple, TX 1 $ 305,000 $ 305,000 $ 0
Kiryas Joel-Poughkeepsie-Newburgh, NY 1 $ 1,955,000 $ 1,955,000 $ 0
Louisville/Jefferson County, KY-IN 1 $ 505,000 $ 505,000 $ 0
Lubbock, TX 1 $ 195,000 $ 195,000 $ 0
Milwaukee-Waukesha-West Allis, WI 1 $ 185,000 $ 185,000 $ 0
Muskegon, MI 1 $ 315,000 $ 315,000 $ 0
Norwich-New London, CT 1 $ 535,000 $ 535,000 $ 80,000
Ocala, FL 1 $ 315,000 $ 315,000 $ 153,000
Omaha-Council Bluffs, NE-IA 1 $ 255,000 $ 255,000 $ 124,000
Palm Bay-Melbourne-Titusville, FL 1 $ 305,000 $ 305,000 $ 4,000
Panama City, FL 1 $ 235,000 $ 235,000 $ 0
Pittsburgh, PA 1 $ 195,000 $ 195,000 $ 135,000
Portland-South Portland, ME 1 $ 555,000 $ 555,000 $ 0
Providence-Warwick, RI-MA 1 $ 225,000 $ 225,000 $ 0
Pueblo, CO 1 $ 215,000 $ 215,000 $ 0
Rapid City, SD 1 $ 465,000 $ 465,000 $ 0
Reading, PA 1 $ 245,000 $ 245,000 $ 0
Salem, OR 1 $ 735,000 $ 735,000 $ 0
San Francisco-Redwood City-South San Francisco, CA 1 $ 845,000 $ 845,000 $ 0
San Luis Obispo-Paso Robles-Arroyo Grande, CA 1 $ 655,000 $ 655,000 $ 227,000
Santa Maria-Santa Barbara, CA 1 $ 1,465,000 $ 1,465,000 $ 0
Savannah, GA 1 $ 1,845,000 $ 1,845,000 $ 1,022,000
Sebring, FL 1 $ 225,000 $ 225,000 $ 0
Sherman-Denison, TX 1 $ 155,000 $ 155,000 $ 270,000
Spartanburg, SC 1 $ 255,000 $ 255,000 $ 67,000
Tacoma-Lakewood, WA 1 $ 1,255,000 $ 1,255,000 $ 299,000
Tuscaloosa, AL 1 $ 185,000 $ 185,000 $ 0
Visalia-Porterville, CA 1 $ 565,000 $ 565,000 $ 440,000
Warren-Troy-Farmington Hills, MI 1 $ 1,975,000 $ 1,975,000 $ 1,250,000
Wenatchee, WA 1 $ 545,000 $ 545,000 $ 143,000

Mortgage Loan Application Detail Totals for Verus in 2025

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 763 $413,215,000 $541,000 $3,505,000 $566,000 $6,763,000
Refinancing 124 $85,520,000 $689,000 $3,805,000 $721,000 $6,089,000
Cash-out Refinancing 97 $59,755,000 $616,000 $4,955,000 $688,000 $9,370,000
Home Improvement 23 $12,195,000 $530,000 $1,895,000 $369,000 $1,195,000
Other Purpose 22 $11,500,000 $522,000 $2,305,000 $416,000 $2,703,000
Not Applicable 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 434 $263,310,000 $606,000 $3,805,000 $627,000 $9,370,000
Not Provided 236 $161,100,000 $682,000 $4,955,000 $702,000 $6,763,000
Hispanic 182 $77,910,000 $428,000 $1,705,000 $457,000 $3,131,000
Asian 125 $57,835,000 $462,000 $2,085,000 $340,000 $2,608,000
Black or African American 50 $21,320,000 $426,000 $2,005,000 $758,000 $5,464,000
Native Hawaiian or Other Pacific Islander 2 $710,000 $355,000 $535,000 $127,000 $127,000
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 1,029 $582,185,000 $565,000 $4,955,000 $591,000 $9,370,000
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 652 $356,850,000 $547,000 $3,505,000 $610,000 $6,763,000
Application Denied By Financial Institution 226 $127,000,000 $561,000 $4,955,000 $391,000 $6,341,000
Application Withdrawn By Applicant 148 $95,340,000 $644,000 $3,805,000 $856,000 $9,370,000
Application Approved But Not Accepted 3 $2,995,000 $998,000 $1,925,000 $1,589,000 $3,024,000
File Closed For Incompleteness 0 $0 $0 $0 $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 803 $455,185,000 $566,000 $3,805,000 $660,000 $9,370,000
Collateral 77 $41,895,000 $544,000 $1,985,000 $321,000 $1,739,000
Debt-To-Income Ratio 63 $35,855,000 $569,000 $2,835,000 $269,000 $2,703,000
Other 48 $28,040,000 $584,000 $4,955,000 $724,000 $3,551,000
Credit History 14 $6,810,000 $486,000 $1,175,000 $392,000 $1,420,000
Unverifiable Information 13 $6,955,000 $535,000 $2,085,000 $792,000 $6,341,000
Employment History 8 $6,030,000 $753,000 $1,845,000 $280,000 $1,022,000
Insufficient Cash (Downpayment, Closing Cost) 3 $1,415,000 $471,000 $725,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Verus's 2025 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 Verus'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 District of Columbia, download the full spreadsheet with aggregated HMDA statistics today.

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