Salem City, VA Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 851 mortgage applications in Salem City, VA totaling $112.0 million, down 40% from 2013. The average application was for $131,000, and applicants reported an average income of $60,000. 55% of applications resulted in an originated loan and 14% were denied. The most active lender was Wells Fargo Bank NA, with 103 applications, followed by Atlantic Bay Mortgage Group and Member One Federal Credit Union.

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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 851
Total Mortgage Loan Application Amount $112,046,000
Average Mortgage Loan Application Amount $131,000
Highest Mortgage Loan Application Amount $4,400,000
Average Applicant Income $60,000
Highest Applicant Income $837,000

Mortgage Company List for Lending in Salem City, VA for 2014

* 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 NA

MINNEAPOLIS, MN 55415
* $ 1,373,600,000,000 103 $ 15,871,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 96 $ 13,120,000
Member One Federal Credit Union
P.O. BOX 12288
ROANOKE, VA 24024
* $ 627,168,000 46 $ 1,453,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,261,678,000 40 $ 314,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 179,126,294,000 36 $ 8,790,000
Freedom First Federal Credit Union
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 315,312,000 34 $ 3,056,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 25 $ 3,250,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,261,678,000 24 $ 2,957,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 22 $ 3,489,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 22 $ 3,516,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 18 $ 2,463,000
Carolina Bank
PO BOX 10209
GREENSBORO, NC 27404
* $ 661,743,000 12 $ 1,826,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 12 $ 1,658,000
Hometown Bank
PO BOX 21769
ROANOKE, VA 24018
* $ 402,438,000 11 $ 1,132,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ 10,000,000 10 $ 1,416,000
Corridor Mortgage Group, Inc.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ 605,000,000 10 $ 1,194,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 20,857,559,000 10 $ 1,893,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 10 $ 1,251,000
Union Mortgage Group, Inc.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 4,155,026,000 10 $ 1,530,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 10 $ 1,737,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 9 $ 1,008,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,346,747,000,000 9 $ 1,070,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 9 $ 1,356,000
C&F Mortgage Corporation
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ 189,567,000 8 $ 895,000
Stellarone Bank
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 3,061,932,000 8 $ 1,571,000
Valley Bank
36 W CHURCH AVE
ROANOKE, VA 24011
* $ 824,497,000 8 $ 924,000
Salem VA Credit Union
1970 ROANOKE BLVD BLDG 77 SUITE 12
SALEM, VA 24153
* $ 75,467,000 7 $ 173,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 6 $ 794,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 6 $ 1,003,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 6 $ 932,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 6 $ 783,000
Alcova Mortgage, LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ 710,000 6 $ 811,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 6 $ 1,415,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 5 $ 862,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 5 $ 792,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 5 $ 491,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 5 $ 576,000
Capital Center LLC
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 5 $ 743,000
Citizens State Bank
13840 W. NEWBERRY RD
NEWBERRY, FL 32669
* $ 191,437,000 5 $ 49,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 4 $ 379,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 4 $ 585,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 4 $ 427,000
Blue Eagle Credit Union
2121 ELECTRIC RD
ROANOKE, VA 24018
* $ 121,951,000 4 $ 319,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 4 $ 512,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 4 $ 824,000
Townebank
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 4,672,997,000 4 $ 565,000
Union Bank & Trust
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 4,155,026,000 4 $ 374,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 26,795,278,000 4 $ 1,046,000
First Bank
PO BOX 508
TROY, NC 27371
* $ 3,184,673,000 3 $ 639,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 312,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 3 $ 427,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 3 $ 442,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 3 $ 312,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 606,000
Credit Union Mortgage Associat
10800 MAIN STREET
FAIRFAX, VA 22030
* $ 435,000,000 3 $ 196,000
Roanoke Valley Community CU
723 5TH STREET NE
ROANOKE, VA 24016
* $ 64,027,000 3 $ 135,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 3 $ 494,000
Bank of Botetourt
19747 MAIN STREET
BUCHANAN, VA 24066
* $ 307,085,000 3 $ 673,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 2 $ 198,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 3,884,304,000 2 $ 233,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 2 $ 251,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ 10,000,000 2 $ 273,000
Mason-Mcduffie Mortgage Corporation
2010 CROW CANYON PLACE, #400
SAN RAMON, CA 94583
* $ 1,300,000 2 $ 247,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 2 $ 174,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 338,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 1 $ 74,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,256,102,000 1 $ 137,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 207,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 177,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 107,000
Cityworth Mortgage LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ 1,400,000,000 1 $ 325,000
McGlone Mortgage Company, Inc.
3701 E. EVERGREEN DRIVE, SUITE 500B
APPLETON, WI 54913
* $ 10,000,000 1 $ 303,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 357,000
Monarch Bank
1435 CROSSWAYS BOULEVARD, SUITE 101
CHESAPEAKE, VA 23320
* $ 1,015,892,000 1 $ 135,000
State Employees' Credit Union
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 27,107,074,000 1 $ 78,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 192,000
Civic FCU
P.O. DRAWER 25279
RALEIGH, NC 27609
* $ 1,314,640,000 1 $ 78,000
Franklin Community Bank, N.A.
400 OLD FRANKLIN TURNPIKE, SUITE 100
ROCKY MOUNT, VA 24151
* $ 168,361,000 1 $ 66,000
Gateway Bank Mortgage, Inc.
901 E CAREY STREET, SUITE 1700
RICHMOND, VA 23219
* $ 1,630,170,000 1 $ 110,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 62,915,596,000 1 $ 27,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 439,528,000 1 $ 165,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 1 $ 98,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 986,791,000 1 $ 238,000
First Liberty Financial Group
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,000,000,000 1 $ 79,000
Hometrust Bank N.A.
P O BOX 10
ASHEVILLE, NC 28804
* $ 1,597,558,000 1 $ 88,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 1 $ 245,000
Dupont Community Credit Union
140 LUCY LANE
WAYNESBORO, VA 22980
* $ 890,452,000 1 $ 163,000
Bank of Floyd
P O BOX 215
FLOYD, VA 24091
* $ 267,252,000 1 $ 75,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 1 $ 229,000
Bank of the James
828 MAIN STREET
LYNCHBURG, VA 24504
* $ 434,615,000 1 $ 143,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 70,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 943,388,000 1 $ 50,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 297,000
Bank of North Carolina
3980 PREMIER DR. STE 150
HIGH POINT, NC 27265
* $ 3,227,841,000 1 $ 83,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 410,770,000 1 $ 235,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 218,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 175,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 1 $ 312,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 113,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 1 $ 302,000
Certusbank, N.A.
2 WEST WASHINGTON STREET 5TH FLOOR
GREENVILLE, SC 29601
* $ 1,656,164,000 1 $ 90,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 92,000
South State Bank
520 GERVAIS STREET
COLUMBIA, SC 29201
* $ 7,933,259,000 1 $ 79,000
First Bank and Trust Company
PO BOX 1000
ABINGDON, VA 24212
* $ 1,337,033,000 1 $ 45,000

The tables below break down 2014 mortgage applications in Salem City, VA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Salem City, VA in 2014

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 368 $57,624,000 $156,000 $4,400,000 $62,000 $312,000
Refinancing 364 $51,449,000 $141,000 $524,000 $61,000 $837,000
Home Improvement 119 $2,973,000 $24,000 $383,000 $55,000 $267,000

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 652 $83,616,000 $128,000 $4,400,000 $67,000 $837,000
Not applicable 104 $14,506,000 $139,000 $2,200,000 $6,000 $126,000
Not Provided 52 $7,440,000 $143,000 $500,000 $67,000 $225,000
Black or African American 30 $5,153,000 $171,000 $524,000 $96,000 $267,000
Hispanic 6 $398,000 $66,000 $235,000 $60,000 $115,000
Asian 5 $822,000 $164,000 $245,000 $73,000 $100,000
American Indian or Alaskan Native 1 $60,000 $60,000 $60,000 $60,000 $60,000
Native Hawaiian or Other Pacific Islander 1 $51,000 $51,000 $51,000 $45,000 $45,000

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) 607 $78,169,000 $128,000 $4,400,000 $69,000 $837,000
FHA-insured (Federal Housing Administration) 159 $20,117,000 $126,000 $242,000 $37,000 $237,000
VA-guaranteed (Veterans Administration) 82 $13,304,000 $162,000 $524,000 $38,000 $124,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $456,000 $152,000 $168,000 $75,000 $124,000

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 471 $58,659,000 $124,000 $524,000 $68,000 $561,000
Loan Purchased By The Institution 165 $21,872,000 $132,000 $383,000 $34,000 $279,000
Application Denied By Financial Institution 118 $12,181,000 $103,000 $500,000 $50,000 $428,000
Application Withdrawn By Applicant 66 $15,041,000 $227,000 $4,400,000 $77,000 $837,000
File Closed For Incompleteness 18 $2,394,000 $133,000 $245,000 $47,000 $123,000
Application Approved But Not Accepted 13 $1,899,000 $146,000 $358,000 $124,000 $729,000
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 42 $2,179,000 $51,000 $433,000 $46,000 $428,000
Debt-To-Income Ratio 24 $2,678,000 $111,000 $476,000 $41,000 $185,000
Collateral 14 $1,503,000 $107,000 $351,000 $93,000 $230,000
Credit Application Incomplete 4 $481,000 $120,000 $161,000 $51,000 $94,000
Other 3 $405,000 $135,000 $177,000 $66,000 $82,000
Unverifiable Information 2 $275,000 $137,000 $163,000 $19,000 $38,000
Employment History 1 $98,000 $98,000 $98,000 $53,000 $53,000
Insufficient Cash (Downpayment, Closing Cost) 1 $97,000 $97,000 $97,000 $35,000 $35,000
Mortgage Insurance Denied 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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