Salem County VA
Mortgage Loan Application
Totals and Details
for 2016

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 1,096
Total Mortgage Loan Application Amount $169,540,000
Average Mortgage Loan Application Amount $154,000
Highest Mortgage Loan Application Amount $4,733,000
Average Applicant Income $63,000
Highest Applicant Income $709,000

Mortgage Company List for Lending in Salem County VA for 2016

* 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
* $ 1,610,580,000,000 102 $ 18,881,000
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 80 $ 12,194,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 71 $ 10,761,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 55 $ 7,433,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 49 $ 7,735,000
MEMBER ONE
P.O. BOX 12288
ROANOKE, VA 24024
* $ 761,809,000 43 $ 2,476,000
FREEDOM FIRST
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 398,525,000 42 $ 5,867,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 36 $ 6,409,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 27 $ 559,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 23 $ 4,193,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 20 $ 3,113,000
HOMETOWN BANK
PO BOX 21769
ROANOKE, VA 24018
* $ 479,385,000 20 $ 3,479,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 20 $ 3,563,000
CORRIDOR MORTGAGE GROUP, INC.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ 605,000,000 20 $ 2,876,000
BANK OF NORTH CAROLINA
3980 PREMIER DR. STE 150
HIGH POINT, NC 27265
* $ 5,666,188,000 18 $ 2,239,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 17 $ 2,698,000
INTEGRITY HOME MORTGAGE CORPORATION
122 PILOT CIRCLE
WINCHESTER, VA 22602
* $ 1,000,000,000 15 $ 2,395,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 14 $ 1,831,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 14 $ 2,542,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 11 $ 1,672,000
UNION MORTGAGE GROUP, INC.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 7,672,005,000 10 $ 1,609,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 31,373,540,000 10 $ 1,595,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 9 $ 1,469,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 9 $ 1,268,000
UNION BANK & TRUST
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 7,672,005,000 9 $ 1,837,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ 10,000,000 9 $ 1,084,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 8 $ 1,522,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 8 $ 1,363,000
FIRST RELIANCE BANK
2170 W PALMETTO ST
FLORENCE, SC 29501
* $ 373,502,000 8 $ 1,955,000
BLUE EAGLE CREDIT UNION
2121 ELECTRIC RD
ROANOKE, VA 24018
* $ 137,910,000 7 $ 636,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 7 $ 1,100,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ 10,000,000 7 $ 954,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 7 $ 1,271,000
BANK OF BOTETOURT
19747 MAIN STREET
BUCHANAN, VA 24066
* $ 322,579,000 6 $ 1,273,000
ALCOVA MORTGAGE LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ 710,000 6 $ 703,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 6 $ 891,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 6 $ 755,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 6 $ 649,000
HOMETRUST BANK
PO BOX 10
ASHEVILLE, NC 28802
* $ 2,707,177,000 6 $ 1,536,000
SALEM VA CREDIT UNION
1970 ROANOKE BLVD BLDG 77 SUITE 12
SALEM, VA 24153
* $ 81,891,000 6 $ 37,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 5 $ 640,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 5 $ 594,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,177,985,000 5 $ 516,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 5 $ 715,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,299,801,000,000 5 $ 618,000
HAMILTON HOME LOANS, INC.
1551 SAWGRASS CORPORATE PARKWAY, STE 300
SUNRISE, FL 33323
* $ 10,000,000 4 $ 569,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 4 $ 190,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 4 $ 539,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 4 $ 353,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 4 $ 969,000
CAROLINA BANK
PO BOX 10209
GREENSBORO, NC 27404
* $ 700,650,000 4 $ 990,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 4 $ 1,200,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 4 $ 704,000
LENDERLIVE NETWORK, LLC
710 S ASH
GLENDALE, CO 80246
* $ 17,900,000 4 $ 475,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 4 $ 536,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 4 $ 498,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 445,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 3 $ 311,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 19,460,442,000 3 $ 129,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 3 $ 418,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 3 $ 829,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 3 $ 388,000
BANK OF THE JAMES
828 MAIN STREET
LYNCHBURG, VA 24504
* $ 527,465,000 3 $ 5,123,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 3 $ 165,000
RESMAC, INC.
5400 BROKEN SOUND BLVD #600
BOCA RATON, FL 33487
* $ 5,479,000 3 $ 270,000
VIRGINIA CREDIT UNION, INC.
PO BOX 90010
RICHMOND, VA 23225
* $ 2,920,249,000 3 $ 352,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 3 $ 458,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 2 $ 705,000
GATEWAY BANK MORTGAGE, INC.
901 E CAREY STREET, SUITE 1700
RICHMOND, VA 23219
* $ 2,072,742,000 2 $ 392,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 235,000
CARTER BANK & TRUST
PO BOX 3748
MARTINSVILLE, VA 24115
* $ 4,893,968,000 2 $ 8,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 2 $ 420,000
FULTON BANK, NATIONAL ASSOCIATION
ONE PENN SQUARE
LANCASTER, PA 17604
* $ 9,847,293,000 2 $ 696,000
ROANOKE VALLEY COMMUNITY CU
723 5TH STREET NE
ROANOKE, VA 24016
* $ 70,552,000 2 $ 95,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,887,863,000 2 $ 313,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 31,272,894,000 2 $ 878,000
FIRST BANK
PO BOX 508
TROY, NC 27371
* $ 3,361,176,000 2 $ 385,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 344,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 2 $ 322,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ 42,331,494,000 2 $ 570,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,580,860,000 2 $ 532,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 370,000
CAPITAL CENTER, L.L.C.
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 2 $ 187,000
HOWARD BANK
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 947,219,000 1 $ 50,000
FIRST HERITAGE MORTGAGE, LLC
3201 JERMANTOWN ROAD, SUITE 500
FAIRFAX, VA 22303
* $ 2,157,000 1 $ 147,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 24,000
NEW YORK COMMUNITY BANK
615 MERRICK AVENUE
WESTBURY, NY 11590
* $ 46,472,436,000 1 $ 124,000
FIRST CHOICE LOAN SERVICES INC.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 1 $ 118,000
BANK OF FLOYD
P O BOX 215
FLOYD, VA 24091
* $ 259,343,000 1 $ 85,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 1 $ 132,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ 10,000,000 1 $ 154,000
CLEARPATH LENDING
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ 10,000,000 1 $ 260,000
PREMIA MORTGAGE, LLC
5480 CORPORATE DRIVE SUITE 240
TROY, MI 48098
* $ 608,779,509,000 1 $ 333,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 459,125,000 1 $ 86,000
INTEGRITY FIRST FINANCIAL GROUP, INC.
6333 GREENWICH DRIVE SUITE 280
SAN DIEGO, CA 92122
* $ 26,494,000 1 $ 154,000
R M K FINANCIAL CORP.
1819 S. EXCISE AVENUE
ONTARIO, CA 91761
* $ 16,639,000 1 $ 174,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 150,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 149,000
INTERCAP LENDING INC.
11781 S. LONE PEAK PARKWAY, SUITE 200
DRAPER, UT 84020
* $ 10,000,000 1 $ 181,000
UBS AG, TAMPA BRANCH
3000 BAYPORT
TAMPA, FL 33607
* $ 0 1 $ 207,000
TRULIANT FEDERAL CREDIT UNION
3200 TRULIANT WAY
WINSTON-SALEM, NC 27103
* $ 1,956,403,000 1 $ 50,000
JUSTICE FEDERAL CREDIT UNION
5175 PARKSTONE DRIVE, STE. 200
CHANTILLY, VA 20151
* $ 667,544,000 1 $ 5,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ 29,436,748,000 1 $ 253,000
TOWNE BANK
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 6,296,584,000 1 $ 219,000
OCEANSIDE MORTGAGE COMPANY
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 144,000
FIRST SAVINGS MORTGAGE CORPORATION
8444 WEST PARK DRIVE, THE 4TH FLOOR
MCLEAN, VA 22102
* $ 10,000,000 1 $ 124,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 444,244,000 1 $ 12,000
GEORGE MASON MORTGAGE LLC
4100 MONUMENT CORNER DRIVE #100
FAIRFAX, VA 22030
* $ 630,414,000 1 $ 216,000
INTELLILOAN, INC.
4 PARK PLAZA SUITE 800
IRVINE, CA 92614
* $ 10,000,000 1 $ 108,000
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,121,263,000 1 $ 173,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 187,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,801,773,000 1 $ 30,000
APEX HOME LOANS, INC.
3204 TOWER OAKS BLVD., SUITE 400
ROCKVILLE, MD 20852
* $ 47,057,000 1 $ 180,000
BAYCOAST MORTGAGE COMPANY, LLC
330 SWANSEA MALL DRIVE
SWANSEA, MA 02777
* $ 1,122,910,000 1 $ 372,000
CREDIT UNION MORTGAGE ASSOCIATION, INC.
10800 MAIN STREET
FAIRFAX, VA 22030
* $ 435,000,000 1 $ 209,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 160,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 135,000
ARC HOME LLC
2010 CORPORATE RIDGE STE 750
MCLEAN, VA 22102
* $ 10,000,000 1 $ 103,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 220,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 150,000
CITYWORTH MORTGAGE LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ 1,400,000,000 1 $ 205,000
NBKC BANK
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 567,648,000 1 $ 135,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ATLANTA, GA 30350
* $ 10,000,000 1 $ 147,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 253,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 267,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 111,306,727,000 1 $ 120,000
SOVEREIGN LENDING GROUP INCORPORATED
3540 HOWARD WAY STE # 200
COSTA MESA, CA 92626
* $ 10,000,000 1 $ 175,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 1,949,868,000 1 $ 115,000
AMERICASH
3080 BRISTOL STREET, SUITE 300
COSTA MESA, CA 92626
* $ 10,000,000 1 $ 283,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 126,000
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC.
3820 NORTHDALE BLVD STE 111A
TAMPA, FL 33624
* $ 1,847,619,000 1 $ 87,000
BRONCO FEDERAL CREDIT UNION
135 STEWART DR
FRANKLIN, VA 23851
* $ 180,407,000 1 $ 70,000

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 2016

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 508 $82,945,000 $163,000 $745,000 $62,000 $490,000
Home Purchase 476 $80,554,000 $169,000 $4,733,000 $66,000 $709,000
Home Improvement 112 $6,041,000 $53,000 $2,448,000 $59,000 $229,000

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 806 $118,370,000 $146,000 $615,000 $70,000 $709,000
Not applicable 123 $25,822,000 $209,000 $4,733,000 $8,000 $240,000
Not Provided 96 $13,367,000 $139,000 $513,000 $67,000 $270,000
Black or African American 41 $5,510,000 $134,000 $333,000 $60,000 $194,000
Asian 16 $4,651,000 $290,000 $745,000 $158,000 $490,000
Hispanic 12 $1,439,000 $119,000 $224,000 $49,000 $126,000
American Indian or Alaskan Native 2 $381,000 $190,000 $300,000 $66,000 $92,000
Native Hawaiin or Other Pacific Islander 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) 685 $107,583,000 $157,000 $4,733,000 $78,000 $709,000
FHA-insured (Federal Housing Administration) 282 $39,029,000 $138,000 $276,000 $39,000 $138,000
VA-guaranteed (Veterans Administration) 126 $22,697,000 $180,000 $513,000 $41,000 $148,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $231,000 $77,000 $103,000 $30,000 $33,000

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 593 $96,705,000 $163,000 $4,733,000 $72,000 $709,000
Application Denied By Financial Institution 202 $23,986,000 $118,000 $740,000 $56,000 $460,000
Loan Purchased By The Institution 159 $25,466,000 $160,000 $612,000 $32,000 $240,000
Application Withdrawn By Applicant 96 $15,223,000 $158,000 $740,000 $71,000 $490,000
File Closed For Incompleteness 24 $4,591,000 $191,000 $500,000 $72,000 $247,000
Application Approved But Not Accepted 22 $3,569,000 $162,000 $500,000 $83,000 $264,000
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 26 $2,106,000 $81,000 $323,000 $54,000 $144,000
Debt-To-Income Ratio 24 $1,804,000 $75,000 $230,000 $48,000 $115,000
Collateral 15 $2,380,000 $158,000 $259,000 $74,000 $156,000
Other 14 $737,000 $52,000 $148,000 $58,000 $204,000
Credit Application Incomplete 12 $2,671,000 $222,000 $740,000 $111,000 $460,000
Insufficient Cash (Downpayment, Closing Cost) 5 $406,000 $81,000 $144,000 $28,000 $46,000
Unverifiable Information 4 $355,000 $88,000 $256,000 $58,000 $155,000
Employment History 2 $218,000 $109,000 $126,000 $47,000 $58,000
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