Salem County VA
Mortgage Loan Application
Totals and Details
for 2018

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 992
Total Mortgage Loan Application Amount $146,430,000
Average Mortgage Loan Application Amount $147,000
Highest Mortgage Loan Application Amount $5,605,000
Average Applicant Income $78,000
Highest Applicant Income $600,000

Mortgage Company List for Lending in Salem County VA for 2018

* 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
* $ 1,747,398,000,000 102 $ 15,340,000
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ -1,000 100 $ 15,070,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 201,637,519,000 62 $ 5,400,000
MEMBER ONE
P.O. BOX 12288
ROANOKE, VA 24024
* $ 930,585,000 52 $ 2,650,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 39 $ 4,045,000
ATLANTIC UNION BANK
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 9,291,033,000 38 $ 4,120,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 37 $ 5,345,000
FREEDOM FIRST
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 533,025,000 36 $ 4,670,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 31 $ 4,345,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 21 $ 3,435,000
PINNACLE BANK
150 3RD AVE SOUTH
NASHVILLE, TN 37201
* $ 22,081,233,000 17 $ 2,495,000
ALCOVA MORTGAGE LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ -1,000 17 $ 2,755,000
INTEGRITY HOME MORTGAGE CORPORATION
122 PILOT CIRCLE
WINCHESTER, VA 22602
* $ -1,000 16 $ 2,410,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 15 $ 2,435,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 34,346,930,000 14 $ 1,860,000
HOMETOWN BANK
PO BOX 21769
ROANOKE, VA 24018
* $ 550,253,000 13 $ 2,115,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 13 $ 1,765,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 12 $ 2,760,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 11 $ 1,915,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 10 $ 1,560,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 10 $ 1,140,000
CORRIDOR MORTGAGE GROUP, INC.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ -1,000 10 $ 1,870,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 10 $ 2,360,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 10 $ 1,620,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 4,724,296,000 9 $ 1,665,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 9 $ 1,515,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 9 $ 1,555,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 8 $ 1,210,000
AMERICAN NATIONAL BANK AND TRUST COMPANY
628 MAIN STREET
DANVILLE, VA 24541
* $ 1,806,647,000 8 $ 1,320,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 8 $ 1,420,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 7 $ 1,395,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 6 $ 1,180,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 98,729,134,000 6 $ 410,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 5 $ 825,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 5 $ 855,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 5 $ 505,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 5 $ 565,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 5 $ 825,000
FIRST RELIANCE BANK
2170 W PALMETTO ST
FLORENCE, SC 29501
* $ 456,924,000 4 $ 610,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 4 $ 930,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 4 $ 990,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 9,805,580,000 4 $ 780,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 4 $ 420,000
RESIDENTIAL MORTGAGE SERVICES, INC.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ -1,000 4 $ 520,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 4 $ 110,000
BANK OF BOTETOURT
19747 MAIN STREET
BUCHANAN, VA 24066
* $ 388,600,000 4 $ 270,000
UNION MORTGAGE GROUP, INC.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ -1,000 4 $ 320,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 4 $ 590,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 345,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 3 $ 675,000
SALEM VA CREDIT UNION
1970 ROANOKE BLVD BLDG 77 SUITE 12
SALEM, VA 24153
* $ 83,651,000 3 $ 135,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 3 $ 425,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 3 $ 475,000
BLUE EAGLE CREDIT UNION
2121 ELECTRIC RD
ROANOKE, VA 24018
* $ 151,354,000 3 $ 175,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 3 $ 525,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 3 $ 535,000
SKYLINE NATIONAL BANK
PO BOX 186
INDEPENDENCE, VA 24348
* $ 547,478,000 3 $ 525,000
VIRGINIA CREDIT UNION, INC.
PO BOX 90010
RICHMOND, VA 23225
* $ 3,490,133,000 3 $ 205,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 2 $ 170,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 2 $ 470,000
FAY FINANCIAL
400 S. LA SALLE STREET, STE 2000
CHICAGO, IL 60605
* $ -1,000 2 $ 280,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,384,707,000,000 2 $ 440,000
FIDELITY BANK
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 4,574,627,000 2 $ 550,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 2 $ 200,000
FIRST COMMUNITY BANK
29 COLLEGE DR
BLUEFIELD, VA 24605
* $ 2,380,304,000 2 $ 330,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ -1,000 2 $ 280,000
HOMETRUST BANK
PO BOX 10
ASHEVILLE, NC 28802
* $ 3,243,627,000 2 $ 430,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 22,858,876,000 2 $ 190,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ -1,000 2 $ 420,000
CREDIT UNION MORTGAGE ASSOCIATION, INC.
10800 MAIN STREET
FAIRFAX, VA 22030
* $ -1,000 2 $ 320,000
NATIONAL BANKSHARES, INC.
P.O. BOX 90002
BLACKSBURG, VA 24062
* $ 1,253,722,000 2 $ 780,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 2 $ 220,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,002,887,000 2 $ 570,000
ATLANTIC COAST MORTGAGE, LLC
4100 MONUMENT CORNER DRIVE, SUITE 300
FAIRFAX, VA 22030
* $ -1,000 2 $ 250,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 2 $ 350,000
N R L FEDERAL CREDIT UNION
5440 CHEROKEE AVE SUITE 200
ALEXANDRIA, VA 22312
* $ 463,681,000 1 $ 295,000
ALL REVERSE MORTGAGE, INC.
2019 W CHAPMAN AVENUE
ORANGE, CA 92868
* $ -1,000 1 $ 65,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 135,000
CHOU TEAM REALTY, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 1 $ 145,000
FIRST FEDERAL BANK OF KANSAS CITY
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 725,571,000 1 $ 265,000
THE BANK OF FINCASTLE
POST OFFICE BOX 107, 17 SOUTH ROANOKE STREET
FINCASTLE, VA 24090
* $ 200,693,000 1 $ 75,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 25,054,739,000 1 $ 125,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 1 $ 135,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 105,000
SWBC MORTGAGE CORPORATION
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 1 $ 345,000
FIRST SAVINGS MORTGAGE CORPORATION
8444 WEST PARK DRIVE, THE 4TH FLOOR
MCLEAN, VA 22102
* $ -1,000 1 $ 135,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ -1,000 1 $ 55,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 185,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 55,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 32,217,466,000 1 $ 265,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 125,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 1 $ 115,000
HOMESTEAD FUNDING CORP.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ -1,000 1 $ 195,000
OCMBC, INC.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 1 $ 175,000
GREYSTONE FUNDING COMPANY LLC
419 BELLE AIR LANE
WARRENTON, VA 20186
* $ -1,000 1 $ 5,605,000
GREYSTONE FUNDING COMPANY LLC
419 BELLE AIR LANE
WARRENTON, VA 20186
* $ -1,000 1 $ 5,605,000
CITYWORTH MORTGAGE LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ -1,000 1 $ 135,000
FIRST BANCORP, INC.
PO BOX 1000
ABINGDON, VA 24212
* $ 1,711,733,000 1 $ 335,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ -1,000 1 $ 155,000
BRIDGEVIEW BANK GROUP
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 1 $ 105,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 215,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 1 $ 345,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 215,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ -1,000 1 $ 75,000
HIGHTECHLENDING INC
2030 MAIN ST 350
IRVINE, CA 92614
* $ -1,000 1 $ 115,000
CARTER BANK & TRUST
PO BOX 3748
MARTINSVILLE, VA 24115
* $ 4,112,292,000 1 $ 295,000
DUPONT COMMUNITY
140 LUCY LANE
WAYNESBORO, VA 22980
* $ 1,137,226,000 1 $ 45,000
KIAVI FUNDING, INC
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ -1,000 1 $ 135,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 827,634,000 1 $ 105,000
ANDREWS FEDERAL CREDIT UNION
5711 ALLENTOWN ROAD
SUITLAND, MD 20746
* $ 1,528,090,000 1 $ 195,000
GSF MORTGAGE CORPORATION
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ -1,000 1 $ 115,000
COLONIAL SAVINGS, F.A.
P O BOX 2988
FORT WORTH, TX 76113
* $ 969,487,000 1 $ 165,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 1 $ 465,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 1 $ 75,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 1 $ 185,000
DIRECT MORTGAGE LOANS, LLC
111011 MCCORMICK RD, SUITE 400
HUNT VALLEY, MD 21031
* $ -1,000 1 $ 75,000
CAPITAL CENTER, L.L.C.
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ -1,000 1 $ 105,000
DOMINION CAPITAL MORTGAGE INC.
3900 WESTERRE PARKWAY SUITE 100
RICHMOND, VA 23233
* $ -1,000 1 $ 135,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 155,000
UNITED BANK
225 ASYLUM ST
HARTFORD, CT 06103
* $ 7,112,603,000 1 $ 135,000
BNC NATIONAL BANK
20175 N 67TH AVENUE
GLENDALE, AZ 85308
* $ 945,013,000 1 $ 295,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ -1,000 1 $ 155,000
HAMILTON HOME LOANS, INC.
1551 SAWGRASS CORPORATE PARKWAY, STE 300
SUNRISE, FL 33323
* $ -1,000 1 $ 155,000
SOVEREIGN LENDING GROUP INCORPORATED
3540 HOWARD WAY STE # 200
COSTA MESA, CA 92626
* $ -1,000 1 $ 225,000
MASON MCDUFFIE MORTGAGE CORPORATION
2010 CROW CANYON PLACE, #400
SAN RAMON, CA 94583
* $ -1,000 1 $ 85,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 125,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 1 $ 95,000
OVM FINANCIAL, INC.
816 GREENBRIER CIRCLE SUITE 100
CHESAPEAKE, VA 23320
* $ -1,000 1 $ 135,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 95,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 1 $ 245,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 1 $ 115,000
SUMMIT COMMUNITY BANK, INC.
PO BOX 680; 310 NORTH MAIN STREET
MOOREFIELD, WV 26836
* $ 2,127,314,000 1 $ 135,000

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 2018

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 503 $84,775,000 $168,000 $685,000 $81,000 $600,000
Refinancing 159 $26,035,000 $163,000 $5,605,000 $70,000 $265,000
Cash-out Refinancing 131 $19,985,000 $152,000 $465,000 $71,000 $294,000
Other Purpose 93 $7,775,000 $83,000 $495,000 $85,000 $459,000
Home Improvement 88 $5,950,000 $67,000 $1,005,000 $81,000 $265,000
Not Applicable 18 $1,910,000 $106,000 $225,000 $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 755 $103,215,000 $136,000 $685,000 $77,000 $493,000
Not applicable 109 $23,305,000 $213,000 $5,605,000 $98,000 $194,000
Not Provided 82 $14,310,000 $174,000 $465,000 $98,000 $600,000
Black or African American 22 $2,430,000 $110,000 $265,000 $53,000 $111,000
Hispanic 15 $1,905,000 $127,000 $285,000 $69,000 $115,000
Asian 5 $745,000 $149,000 $275,000 $53,000 $78,000
American Indian or Alaskan Native 3 $405,000 $135,000 $305,000 $83,000 $99,000
Native Hawaiian 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) 690 $98,300,000 $142,000 $5,605,000 $86,000 $600,000
FHA-insured (Federal Housing Administration) 211 $30,635,000 $145,000 $285,000 $57,000 $160,000
VA-guaranteed (Veterans Administration) 90 $17,350,000 $192,000 $455,000 $65,000 $158,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $145,000 $145,000 $145,000 $40,000 $40,000

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 547 $85,695,000 $156,000 $5,605,000 $83,000 $459,000
Application Denied By Financial Institution 152 $15,470,000 $101,000 $375,000 $57,000 $419,000
Loan Purchased By The Institution 135 $22,915,000 $169,000 $415,000 $78,000 $210,000
Application Withdrawn By Applicant 112 $15,580,000 $139,000 $435,000 $84,000 $600,000
File Closed For Incompleteness 25 $3,685,000 $147,000 $465,000 $78,000 $294,000
Application Approved But Not Accepted 21 $3,085,000 $146,000 $355,000 $84,000 $200,000
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
Not applicable 820 $128,050,000 $156,000 $5,605,000 $83,000 $600,000
Debt-To-Income Ratio 58 $7,360,000 $126,000 $375,000 $47,000 $189,000
Credit History 43 $3,205,000 $74,000 $375,000 $52,000 $158,000
Other 22 $1,810,000 $82,000 $265,000 $49,000 $94,000
Collateral 20 $2,280,000 $114,000 $265,000 $62,000 $160,000
Credit Application Incomplete 13 $2,325,000 $178,000 $375,000 $72,000 $240,000
Insufficient Cash (Downpayment, Closing Cost) 12 $880,000 $73,000 $265,000 $71,000 $180,000
Unverifiable Information 3 $445,000 $148,000 $355,000 $110,000 $125,000
Employment History 1 $75,000 $75,000 $75,000 $419,000 $419,000
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