Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Newport News city, Virginia
Every institution that decided a 1–4 unit mortgage application in Newport News city between 2023 and 2025: 12,950 applications, 9,953 loans actually funded, across 8 kinds of borrowing.
Newport News city at a glance
12,950Applications decided
2023–2025
9,953Loans funded
77% of decisions
47Census tracts
8 ZIP codes
184,774People
ACS 2023
What the data shows
The typical purchase mortgage here is $265K.
Investment home improvement is the hardest money to get here: lenders approved 52% of 162 applications.
Lending by loan type in Newport News city
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 89.6% | 6,520 | $265K | 97% | 257 |
| Home improvement loans | 68.1% | 1,569 | $55K | 94% | 59 |
| Cash-out refinance | 64.0% | 1,918 | $205K | 93% | 128 |
| Refinance | 82.3% | 1,667 | $285K | 88% | 126 |
| Investment property purchase | 85.4% | 635 | $165K | 96% | 142 |
| Investment cash-out refinance | 70.0% | 307 | $155K | 96% | 92 |
| Investment refinance | 70.3% | 172 | $155K | 93% | 69 |
| Investment home improvement | 52.5% | 162 | $55K | 92% | 31 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.