Madison County, VA Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 566 mortgage applications in Madison County, VA totaling $147.7 million, up 15% from 2023. The average application was for $260,000, and applicants reported an average income of $119,000. 47% of applications resulted in an originated loan and 22% were denied. The most active lender was Uva Community Credit Union, with 48 applications, followed by Atlantic Union Bank and Truist Bank.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  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 566
Total Mortgage Loan Application Amount $147,690,000
Average Mortgage Loan Application Amount $260,000
Highest Mortgage Loan Application Amount $1,025,000
Average Applicant Income $119,000
Highest Applicant Income $2,930,000

Mortgage Company List for Lending in Madison County, VA for 2024

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Uva Community Credit Union
3300 BERKMAR DRIVE
CHARLOTTESVILLE, VA 22901
* $ n/a 48 $ 8,120,000
Atlantic Union Bank
1051 EAST CARY STREET, SUITE 1200
GLEN ALLEN, VA 23060
* $ n/a 40 $ 5,170,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 38 $ 5,830,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 21 $ 3,405,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 19 $ 7,325,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 16 $ 4,120,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 15 $ 5,105,000
Fulton Bank, National Association
ONE PENN SQUARE
LANCASTER, PA 17602
* $ n/a 14 $ 5,380,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 14 $ 5,220,000
Atlantic Coast Mortgage, LLC
4100 MONUMENT CORNER DRIVE, SUITE 300
FAIRFAX, VA 22030
* $ n/a 13 $ 4,155,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 13 $ 2,705,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 13 $ 1,465,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 11 $ 3,545,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 10 $ 3,970,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 9 $ 2,875,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ n/a 8 $ 2,730,000
Integrity Home Mortgage Corporation
122 PILOT CIRCLE
WINCHESTER, VA 22602
* $ n/a 8 $ 2,960,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 8 $ 1,900,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 7 $ 2,925,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 7 $ 515,000
Ross Mortgage Corporation
2075 W. BIG BEAVER, SUITE 700
TROY, MI 48084
* $ n/a 7 $ 2,805,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ n/a 7 $ 2,315,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ n/a 6 $ 1,430,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 6 $ 2,370,000
Northwest Federal Credit Union
220 SPRING STREET
HERNDON, VA 20170
* $ n/a 5 $ 765,000
Farm Credit of the Virginias, Aca
106 SANGERS LANE
STAUNTON, VA 24401
* $ n/a 5 $ 2,745,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 5 $ 755,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 5 $ 1,865,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 5 $ 1,865,000
Alcova Mortgage, LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ n/a 5 $ 1,985,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 5 $ 1,095,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ n/a 5 $ 845,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 4 $ 210,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 4 $ 1,660,000
First Heritage Mortgage, LLC
11325 RANDOM HILLS RD SUITE 600
FAIRFAX, VA 22031
* $ n/a 4 $ 1,280,000
Peoples Mortgage Company
2055 E CENTENNIAL CIRCLE
TEMPE, AZ 85284
* $ n/a 3 $ 765,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 3 $ 935,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 3 $ 625,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ n/a 3 $ 1,145,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 3 $ 235,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 3 $ 545,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ n/a 3 $ 975,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 3 $ 1,065,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 3 $ 715,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 3 $ 1,185,000
Tower Federal Credit Union
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ n/a 3 $ 385,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 3 $ 1,125,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 2 $ 540,000
Partners 1st Federal Credit Union
1330 DIRECTORS ROW
FORT WAYNE, IN 46808
* $ n/a 2 $ 210,000
Loan Funder LLC
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022
* $ n/a 2 $ 790,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 2 $ 310,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 2 $ 720,000
Select Lending Services, LLC

SAN RAMON, CA 94583
* $ n/a 2 $ 710,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 2 $ 1,040,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 2 $ 620,000
Filo Mortgage, LLC
555 E NORTH LN #6125
WEST CONSHOHOCKEN, PA 19428
* $ n/a 2 $ 360,000
Shore United Bank, N.A.
18 EAST DOVER STREET
EASTON, MD 21601
* $ n/a 2 $ 1,380,000
Tidewater Mortgage Services, Inc
200 GOLDEN OAK COURT STE. 100
VIRGINIA BEACH, VA 26452
* $ n/a 2 $ 670,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 2 $ 770,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 2 $ 550,000
Tammac Holdings Corporation
480 SWEDESFORD ROAD SUITE 200
WAYNE, PA 19087
* $ n/a 2 $ 240,000
United Bank VA

MORGANTOWN, WV 26505
* $ n/a 2 $ 440,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 2 $ 320,000
Homespire Mortgage Corporation

FAIRFAX, VA 22031
* $ n/a 2 $ 280,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 2 $ 150,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 1 $ 125,000
American Heritage Lending, LLC
19800 MACARTHUR BLVD SUITE 950
IRVINE, CA 92612
* $ n/a 1 $ 365,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 1 $ 415,000
State Departmenet Federal Credit Union
1630 KING STREET
ALEXANDRIA, VA 22314
* $ n/a 1 $ 65,000
Intercoastal Mortgage, LLC
11911 FREEDOM DRIVE SUITE 500
RESTON, VA 20190
* $ n/a 1 $ 435,000
Townebank
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ n/a 1 $ 445,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ n/a 1 $ 385,000
Agriculture Federal Credit Union
1400 INDEPENDENCE AVE SW
WASHINGTON, DC 20250
* $ n/a 1 $ 25,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ n/a 1 $ 205,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ n/a 1 $ 185,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ n/a 1 $ 975,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 1 $ 325,000
First Colony Mortgage Corporat
500 EAST PARK AVENUE SUITE 900
OREM, UT 84097
* $ n/a 1 $ 465,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 1 $ 155,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 1 $ 485,000
The Mortgage Link, Inc.
3 RESEARCH PL #100
ROCKVILLE, MD 20850
* $ n/a 1 $ 415,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ n/a 1 $ 45,000
Bay Capital Mortgage Corporation
801 COMPASS WAY
ANNAPOLIS, MD 21401
* $ n/a 1 $ 255,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 1 $ 255,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ n/a 1 $ 415,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 1 $ 215,000
Benchmark Community Bank
P O BOX 569
KENBRIDGE, VA 23944
* $ n/a 1 $ 165,000
First National Bank of Pa
1 FNB BOULEVARD
HERMITAGE, PA 16148
* $ n/a 1 $ 995,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ n/a 1 $ 505,000
Oaktree Funding Corp
1298 WEST 7TH STREET
CHANDLER, AZ 85226
* $ n/a 1 $ 265,000
Goprime Mortgage, Inc.
320 N SALEM STREET
APEX, NC 27502
* $ n/a 1 $ 285,000
United Mortgage Corp.
25 MELVILLE PARK ROAD
MELVILLE, NY 11747
* $ n/a 1 $ 215,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ n/a 1 $ 615,000
Sandy Spring Bank
6831 BENJAMIN FRANKIN DRIVE
COLUMBIA, MD 21046
* $ n/a 1 $ 275,000
C&F Mortgage Corporation
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ n/a 1 $ 305,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 1 $ 255,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 1 $ 255,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ n/a 1 $ 215,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 1 $ 35,000
City National Bank of Wv
25 GATEWATER ROAD
CROSS LANES, WV 25313
* $ n/a 1 $ 75,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 1 $ 35,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 1 $ 225,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 1 $ 295,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ n/a 1 $ 375,000
Gray Fox Mortgage, LLC
1135 ROSE HILL DR STE 101
CHARLOTTESVILLE, VA 22903
* $ n/a 1 $ 665,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ n/a 1 $ 255,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 1 $ 315,000
City Lending Inc.
8150 LEESBURG PIKE SUITE 405
VIENNA, VA 22182
* $ n/a 1 $ 335,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ n/a 1 $ 295,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 1 $ 665,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ n/a 1 $ 665,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 1 $ 295,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ n/a 1 $ 395,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ n/a 1 $ 335,000

The tables below break down 2024 mortgage applications in Madison County, VA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Madison County, VA in 2024

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 261 $92,795,000 $355,000 $1,025,000 $135,000 $2,930,000
Cash-out Refinancing 83 $20,415,000 $245,000 $545,000 $101,000 $303,000
Other Purpose 83 $9,285,000 $111,000 $455,000 $87,000 $364,000
Refinancing 72 $18,520,000 $257,000 $665,000 $119,000 $571,000
Home Improvement 67 $6,675,000 $99,000 $475,000 $131,000 $1,000,000
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 357 $84,445,000 $236,000 $975,000 $113,000 $610,000
Not Provided 77 $24,775,000 $321,000 $1,025,000 $184,000 $2,930,000
Not applicable 57 $20,985,000 $368,000 $735,000 $91,000 $170,000
Black or African American 40 $7,510,000 $187,000 $425,000 $83,000 $157,000
Hispanic 27 $7,765,000 $287,000 $465,000 $88,000 $189,000
Asian 4 $1,050,000 $262,000 $665,000 $138,000 $210,000
American Indian or Alaskan Native 3 $855,000 $285,000 $445,000 $91,000 $120,000
Native Hawaiian or Other Pacific Islander 1 $305,000 $305,000 $305,000 $92,000 $92,000

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) 408 $90,030,000 $220,000 $1,025,000 $125,000 $2,930,000
FHA-insured (Federal Housing Administration) 79 $23,795,000 $301,000 $565,000 $87,000 $267,000
VA-guaranteed (Veterans Administration) 74 $32,680,000 $441,000 $895,000 $121,000 $281,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5 $1,185,000 $237,000 $275,000 $83,000 $94,000

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 265 $75,345,000 $284,000 $1,025,000 $139,000 $2,930,000
Application Denied By Financial Institution 123 $20,115,000 $163,000 $455,000 $87,000 $1,000,000
Application Withdrawn By Applicant 66 $20,360,000 $308,000 $895,000 $122,000 $468,000
Loan Purchased By The Institution 55 $20,315,000 $369,000 $735,000 $91,000 $170,000
File Closed For Incompleteness 42 $9,110,000 $216,000 $705,000 $102,000 $303,000
Application Approved But Not Accepted 14 $2,190,000 $156,000 $395,000 $106,000 $200,000
Preapproval Denied by Financial Institution 1 $255,000 $255,000 $255,000 $80,000 $80,000
Preapproval Approved but not Accepted 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 413 $122,205,000 $295,000 $1,025,000 $129,000 $2,930,000
Debt-To-Income Ratio 74 $11,610,000 $156,000 $695,000 $91,000 $303,000
Credit History 33 $5,435,000 $164,000 $415,000 $93,000 $384,000
Collateral 15 $3,225,000 $215,000 $395,000 $167,000 $1,000,000
Credit Application Incomplete 14 $1,930,000 $137,000 $395,000 $88,000 $210,000
Unverifiable Information 10 $1,760,000 $176,000 $305,000 $87,000 $152,000
Other 6 $1,150,000 $191,000 $375,000 $75,000 $157,000
Insufficient Cash (Downpayment, Closing Cost) 1 $375,000 $375,000 $375,000 $100,000 $100,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

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

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