Salem County VA
Mortgage Loan Application
Totals and Details
for 2013

Find mortgage statistics and lending data for the Salem County VA metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2021.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Salem County VA, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,413
Total Mortgage Loan Application Amount $199,003,000
Average Mortgage Loan Application Amount $140,000
Highest Mortgage Loan Application Amount $1,800,000
Average Applicant Income $62,000
Highest Applicant Income $1,050,000

Mortgage Company List for Lending in Salem County VA for 2013

* 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
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,266,125,000,000 187 $ 28,403,000
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 96 $ 14,058,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 178,034,172,000 88 $ 13,673,000
FREEDOM FIRST
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 292,115,000 65 $ 8,098,000
STELLARONE BANK
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 3,015,248,000 62 $ 6,689,000
MEMBER ONE
P.O. BOX 12288
ROANOKE, VA 24024
* $ 585,609,000 61 $ 3,733,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 61 $ 8,641,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 60 $ 8,569,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,313,401,000,000 52 $ 5,310,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 42 $ 6,064,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 40 $ 7,094,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 38 $ 5,619,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 35 $ 3,834,000
CAROLINA BANK
PO BOX 10209
GREENSBORO, NC 27404
* $ 691,779,000 24 $ 4,287,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 169,076,807,000 23 $ 887,000
VALLEY BANK
36 W CHURCH AVE
ROANOKE, VA 24011
* $ 763,784,000 18 $ 4,167,000
CORRIDOR MORTGAGE GROUP, INC.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ 605,000,000 18 $ 3,725,000
ALCOVA MORTGAGE LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ 710,000 17 $ 2,815,000
DISCOVER HOME LOANS, INC.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 13 $ 2,337,000
C & F MORTGAGE CORPORATION
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ 189,567,000 13 $ 1,337,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 13 $ 1,694,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 13 $ 1,611,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 12 $ 2,490,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 12 $ 893,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 12 $ 1,985,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 12 $ 1,633,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 11 $ 1,971,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 11 $ 1,445,000
TOWNE BANK
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 4,405,926,000 9 $ 1,489,000
FIRST BANK
PO BOX 508
TROY, NC 27371
* $ 3,244,951,000 9 $ 1,016,000
SALEM VA CREDIT UNION
1970 ROANOKE BLVD BLDG 77 SUITE 12
SALEM, VA 24153
* $ 70,825,000 8 $ 128,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 20,908,181,000 8 $ 1,530,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,864,946,000 7 $ 528,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 7 $ 1,014,000
BLUE EAGLE CREDIT UNION
2121 ELECTRIC RD
ROANOKE, VA 24018
* $ 109,168,000 7 $ 409,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 7 $ 822,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 6,680,971,000 7 $ 1,073,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 6 $ 1,010,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 6 $ 924,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 6 $ 922,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 5 $ 871,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,731,663,000 5 $ 602,000
DUPONT COMMUNITY
140 LUCY LANE
WAYNESBORO, VA 22980
* $ 841,555,000 4 $ 475,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 14,069,057,000 4 $ 952,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 15,532,278,000 4 $ 1,419,000
ROUNDPOINT MORTGAGE COMPANY
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 4 $ 824,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 4 $ 1,039,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,247,622,000 4 $ 645,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 18,212,833,000 4 $ 838,000
PROSPERITY MORTGAGE COMPANY
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,788,563,000 4 $ 531,000
GFS CAPITAL
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 4 $ 689,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 3 $ 511,000
CREDIT UNION MORTGAGE ASSOCIATION, INC.
10800 MAIN STREET
FAIRFAX, VA 22030
* $ 435,000,000 3 $ 473,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 3 $ 324,000
HOMETOWN BANK
PO BOX 21769
ROANOKE, VA 24018
* $ 370,354,000 3 $ 178,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 3 $ 547,000
COLONIAL SAVINGS, F.A.
P O BOX 2988
FORT WORTH, TX 76113
* $ 1,105,077,000 3 $ 430,000
AMERICAN BANK
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 429,180,000 3 $ 719,000
ROANOKE VALLEY COMMUNITY CU
723 5TH STREET NE
ROANOKE, VA 24016
* $ 63,908,000 3 $ 31,000
BANK OF BOTETOURT
19747 MAIN STREET
BUCHANAN, VA 24066
* $ 295,276,000 3 $ 515,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 3 $ 582,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 3 $ 524,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 2 $ 482,000
F & M BANK CORP.
PO BOX 1111
TIMBERVILLE, VA 22853
* $ 595,573,000 2 $ 205,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 82,086,021,000 2 $ 333,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,230,791,000 2 $ 381,000
RESIDENTIAL FINANCE CORPORATIO
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 2 $ 351,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 280,000
SOUTHERN TRUST MORTGAGE LLC
4433 CORPORATION LANE, SUITE 300
VIRGINIA BEACH, VA 23462
* $ 935,253,000 2 $ 239,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 2 $ 304,000
HOMEOWNERS MORTGAGE OF AMERICA
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 2 $ 238,000
CAPITAL CENTER, L.L.C.
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 2 $ 326,000
VILLAGE BANK MORTGAGE CORPORATION
13305 MIDLOTHIAN TURNPIKE
MIDLOTHIAN, VA 23113
* $ 300,960,000 2 $ 185,000
GEORGE MASON MORTGAGE LLC
4100 MONUMENT CORNER DRIVE #100
FAIRFAX, VA 22030
* $ 630,414,000 2 $ 457,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 2 $ 595,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 282,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 2 $ 128,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 2 $ 361,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 1 $ 163,000
MCLEAN MORTGAGE CORPORATION
11325 RANDOM HILLS RD. SUITE 400
FAIRFAX, VA 22030
* $ 50,010,000 1 $ 254,000
MILITARY FAMILY HOME LOANS, LL
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 1,102,281,049,000 1 $ 78,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 100,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 1 $ 417,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 1 $ 141,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 1 $ 262,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ 5,889,539,000 1 $ 103,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ATLANTA, GA 30350
* $ 10,000,000 1 $ 145,000
GUARANTY TRUST COMPANY
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 1 $ 333,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 195,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 173,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 146,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 182,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 191,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 282,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 94,795,926,000 1 $ 136,000
PRIMARY CAPITAL
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 1 $ 83,000
MASON MCDUFFIE MORTGAGE CORPORATION
2010 CROW CANYON PLACE, #400
SAN RAMON, CA 94583
* $ 1,300,000 1 $ 183,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 82,000
FIRST CAPITAL BANK
4222 COX RD.
GLEN ALLEN, VA 23060
* $ 542,663,000 1 $ 63,000
MONARCH BANK
1435 CROSSWAYS BOULEVARD, SUITE 101
CHESAPEAKE, VA 23320
* $ 1,214,633,000 1 $ 129,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 16,553,533,000 1 $ 65,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 198,000
HOME FINANCE OF AMERICA
521 PLYMOUTH ROAD, SUITE 112
PLYMOUTH MEETING, PA 19462
* $ 17,371,000 1 $ 296,000
OCEANSIDE MORTGAGE COMPANY
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 171,000
MEMBER OPTIONS LLC
1936 ARLINGTONG BLVD.
CHARLOTTESVILLE, VA 22903
* $ 32,364,000 1 $ 100,000
FIRST FINANCIAL SERVICES, INC.
6230 FAIRVIEW RD, 450
CHARLOTTE, NC 28210
* $ 842,786,000 1 $ 173,000
CALIBER FUNDING LLC
6031 CONNECTION DRIVE, SUITE 200
IRVING, TX 75039
* $ 37,112,000 1 $ 185,000
VIRGINIA CREDIT UNION, INC.
PO BOX 90010
RICHMOND, VA 23225
* $ 2,385,518,000 1 $ 133,000
ATLANTA POSTAL
1605 BOGGS ROAD
DULUTH, GA 30096
* $ 2,030,878,000 1 $ 98,000
CARTER BANK & TRUST
PO BOX 3748
MARTINSVILLE, VA 24115
* $ 4,442,297,000 1 $ 120,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 467,666,000 1 $ 137,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 27,934,078,000 1 $ 122,000
BANK OF FLOYD
P O BOX 215
FLOYD, VA 24091
* $ 278,280,000 1 $ 73,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 646,232,000 1 $ 25,000
BANC OF CALIFORNIA, NA
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 1,369,414,000 1 $ 99,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 237,816,000 1 $ 166,000
UBS AG, TAMPA BRANCH
3000 BAYPORT
TAMPA, FL 33607
* $ 33,878,000 1 $ 217,000
PROVIDENT BANK
400 RELLA BLVD
MONTEBELLO, NY 10901
* $ 3,785,370,000 1 $ 220,000
MAGNOLIA BANK
794 OLD ELIZABETHTOWN RD
HODGENVILLE, KY 42748
* $ 137,781,000 1 $ 142,000
NATIONAL BANK OF KANSAS CITY
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 627,435,000 1 $ 261,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 862,757,000 1 $ 108,000
FRANKLIN COMMUNITY BANK, N. A.
400 OLD FRANKLIN TURNPIKE, N. A.
ROCKY MOUNT, VA 24151
* $ 182,484,000 1 $ 112,000
CERTUSBANK, N.A.
2 WEST WASHINGTON STREET 5TH FLOOR
GREENVILLE, SC 29601
* $ 1,822,137,000 1 $ 264,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 139,000
HOMEPROMISE CORPORATION
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ 100,000,000 1 $ 173,000
MORTGAGE CAPITAL ASSOCIATES, INC.
11150 W OYMPIC BLVD. STE. 1160
LOS ANGELES, CA 90064
* $ 10,000,000 1 $ 144,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Salem County VA in 2013

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 856 $124,534,000 $145,000 $995,000 $67,000 $1,050,000
Home Purchase 454 $69,893,000 $153,000 $1,800,000 $56,000 $1,000,000
Home Improvement 103 $4,576,000 $44,000 $375,000 $49,000 $122,000

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 1,074 $150,200,000 $139,000 $995,000 $69,000 $1,050,000
Not applicable 188 $29,669,000 $157,000 $1,800,000 $20,000 $227,000
Not Provided 98 $11,869,000 $121,000 $360,000 $69,000 $414,000
Black or African American 29 $4,257,000 $146,000 $417,000 $56,000 $308,000
Hispanic 10 $1,029,000 $102,000 $177,000 $54,000 $79,000
Asian 7 $1,115,000 $159,000 $242,000 $75,000 $104,000
American Indian or Alaskan Native 6 $668,000 $111,000 $161,000 $29,000 $86,000
Native Hawaiian or Other Pacific Islander 1 $196,000 $196,000 $196,000 $71,000 $71,000

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) 1,047 $144,253,000 $137,000 $1,800,000 $70,000 $1,050,000
FHA-insured (Federal Housing Administration) 256 $37,119,000 $144,000 $285,000 $39,000 $216,000
VA-guaranteed (Veterans Administration) 108 $17,231,000 $159,000 $388,000 $43,000 $190,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $400,000 $200,000 $202,000 $60,000 $60,000

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 740 $102,150,000 $138,000 $1,800,000 $68,000 $662,000
Loan Purchased By The Institution 314 $49,117,000 $156,000 $368,000 $47,000 $1,000,000
Application Denied By Financial Institution 182 $22,935,000 $126,000 $995,000 $63,000 $1,050,000
Application Withdrawn By Applicant 107 $15,144,000 $141,000 $388,000 $61,000 $272,000
File Closed For Incompleteness 40 $5,885,000 $147,000 $417,000 $77,000 $246,000
Application Approved But Not Accepted 30 $3,772,000 $125,000 $243,000 $54,000 $150,000
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 50 $5,136,000 $102,000 $995,000 $61,000 $1,050,000
Debt-To-Income Ratio 27 $3,352,000 $124,000 $364,000 $51,000 $121,000
Collateral 20 $3,753,000 $187,000 $298,000 $100,000 $250,000
Credit Application Incomplete 12 $1,509,000 $125,000 $300,000 $94,000 $260,000
Other 10 $991,000 $99,000 $261,000 $61,000 $157,000
Unverifiable Information 4 $492,000 $123,000 $177,000 $110,000 $216,000
Insufficient Cash (Downpayment, Closing Cost) 4 $430,000 $107,000 $208,000 $62,000 $111,000
Employment History 1 $168,000 $168,000 $168,000 $91,000 $91,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Virginia, and search similar information back through 2003.

Download the Virginia Lender List