Sussex County, VA Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 364 mortgage applications in Sussex County, VA totaling $40.5 million, up 8% from 2010. The average application was for $111,000, and applicants reported an average income of $55,000. 38% of applications resulted in an originated loan and 31% were denied. The most active lender was Wells Fargo Bank NA, with 51 applications, followed by Truist Bank and Vanderbilt Mortgage and Finance, Inc.

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Total Number of Mortgage Applications 364
Total Mortgage Loan Application Amount $40,520,000
Average Mortgage Loan Application Amount $111,000
Highest Mortgage Loan Application Amount $400,000
Average Applicant Income $55,000
Highest Applicant Income $564,000

Mortgage Company List for Lending in Sussex County, VA for 2011

* 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
* $ 1,104,833,000,000 51 $ 6,080,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 36 $ 3,147,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 33 $ 3,134,000
The Bank of Southside Virginia
P. O. BOX 40
CARSON, VA 23830
* $ 503,849,000 25 $ 1,078,000
Presidential Bank, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ 608,886,000 14 $ 1,513,000
Evb
PO BOX 1455
TAPPAHANNOCK, VA 22560
* $ 1,119,161,000 14 $ 439,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 14 $ 2,050,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 14 $ 2,086,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 13 $ 2,203,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ 2,094,079,000 11 $ 897,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 10 $ 1,212,000
Southern Trust Mortgage LLC
4433 CORPORATION LANE, SUITE 300
VIRGINIA BEACH, VA 23462
* $ 935,253,000 8 $ 1,582,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 8 $ 1,061,000
Colonial Farm Credit Aca
7104 MECHANICSVILLE TURNPIKE
MECHANICSVILLE, VA 23111
* $ 10,000,000 7 $ 1,083,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 7 $ 157,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 5 $ 788,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 5 $ 245,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 5 $ 500,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 5 $ 1,345,000
Touchstone Bank

PRINCE GEORGE, VA 23875
* $ 192,100,000 5 $ 492,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 4 $ 636,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 3 $ 481,000
C&F Mortgage Corporation
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ 189,567,000 3 $ 163,000
Citizens National Bank
P.O. BOX 100
WINDSOR, VA 23487
* $ 49,346,000 3 $ 140,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 3 $ 504,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 3 $ 455,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 2 $ 281,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 2 $ 200,000
Home Savings of America
35 E BROADWAY
LITTLE FALLS, MN 56345
* $ 457,501,000 2 $ 345,000
Farmers Bank, Windsor, Virginia
50 E WINDSOR BLVD
WINDSOR, VA 23487
* $ 455,230,000 2 $ 98,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 2 $ 143,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 2 $ 85,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 2 $ 213,000
Everett Financial Inc.
14801 QUORUM DR SUITE 300
DALLAS, TX 75254
* $ 3,642,000 2 $ 479,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 2 $ 403,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 2 $ 268,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 2 $ 256,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 1 $ 25,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 165,800,581,000 1 $ 4,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 1 $ 103,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 11,750,980,000 1 $ 118,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 179,970,802,000 1 $ 5,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 112,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 223,000
Ovm Financial, Inc.
816 GREENBRIER CIRCLE SUITE 100
CHESAPEAKE, VA 23320
* $ 10,000,000 1 $ 204,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 1 $ 111,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 158,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 132,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 132,000
Wcs Lending, LLC
951 YAMATO ROAD, SUITE 150
BOCA RATON, FL 33431
* $ 25,076,000 1 $ 330,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 116,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 1 $ 60,000
Capital Center LLC
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 221,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 255,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 1 $ 140,000
Bellwood Federal Credit Union
P O BOX 34628
RICHMOND, VA 23234
* $ 53,589,000 1 $ 88,000
Partners Financial Federal C U
1200 NEW YORK AVENUE
GLEN ALLEN, VA 23060
* $ 92,518,000 1 $ 8,000
Chartway FCU
5700 CLEVELAND STREET
VIRGINIA BEACH, VA 23462
* $ 1,767,919,000 1 $ 30,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,163,220,000 1 $ 200,000
Citizens Bank & Trust Co.
126 SOUTH MAIN ST.
BLACKSTONE, VA 23824
* $ 324,943,000 1 $ 65,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,285,622,000 1 $ 68,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,001,416,000 1 $ 39,000
Gateway Business Bank
18000 STUDEBAKER ROAD, SUITE 550
CERRITOS, CA 90703
* $ 198,117,000 1 $ 192,000
Townebank
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 3,871,028,000 1 $ 176,000
Prosperity Mortgage Company
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,788,563,000 1 $ 148,000
Onemain Financial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 1 $ 167,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 1 $ 152,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 64,000

The tables below break down 2011 mortgage applications in Sussex 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 Sussex County, VA in 2011

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 174 $24,931,000 $143,000 $400,000 $59,000 $372,000
Home Purchase 125 $13,506,000 $108,000 $324,000 $55,000 $564,000
Home Improvement 65 $2,083,000 $32,000 $205,000 $47,000 $158,000

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 168 $20,870,000 $124,000 $400,000 $67,000 $564,000
Black or African American 128 $11,238,000 $87,000 $366,000 $50,000 $292,000
Not Provided 48 $5,855,000 $121,000 $247,000 $51,000 $199,000
Not applicable 18 $2,436,000 $135,000 $324,000 $0 $0
Hispanic 1 $5,000 $5,000 $5,000 $56,000 $56,000
American Indian or Alaskan Native 1 $116,000 $116,000 $116,000 $67,000 $67,000
Asian 0 $0 $0 $0 $0 $0
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) 232 $22,201,000 $95,000 $400,000 $61,000 $564,000
FHA-insured (Federal Housing Administration) 89 $11,194,000 $125,000 $323,000 $41,000 $164,000
VA-guaranteed (Veterans Administration) 27 $5,125,000 $189,000 $366,000 $59,000 $199,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 16 $2,000,000 $125,000 $176,000 $44,000 $59,000

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 140 $14,679,000 $104,000 $400,000 $65,000 $564,000
Application Denied By Financial Institution 112 $10,254,000 $91,000 $330,000 $52,000 $292,000
Application Withdrawn By Applicant 43 $6,384,000 $148,000 $366,000 $65,000 $199,000
Loan Purchased By The Institution 43 $6,570,000 $152,000 $324,000 $33,000 $120,000
Application Approved But Not Accepted 18 $1,304,000 $72,000 $153,000 $41,000 $88,000
File Closed For Incompleteness 8 $1,329,000 $166,000 $359,000 $45,000 $72,000
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 31 $2,575,000 $83,000 $221,000 $67,000 $292,000
Debt-To-Income Ratio 11 $1,122,000 $102,000 $253,000 $44,000 $104,000
Collateral 10 $767,000 $76,000 $152,000 $60,000 $111,000
Other 5 $431,000 $86,000 $167,000 $59,000 $137,000
Credit Application Incomplete 4 $378,000 $94,000 $134,000 $42,000 $80,000
Insufficient Cash (Downpayment, Closing Cost) 3 $341,000 $113,000 $255,000 $64,000 $129,000
Unverifiable Information 1 $78,000 $78,000 $78,000 $0 $0
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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