Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Virginia Beach city, Virginia
Every institution that decided a 1–4 unit mortgage application in Virginia Beach city between 2023 and 2025: 34,970 applications, 27,705 loans actually funded, across 8 kinds of borrowing.
Virginia Beach city at a glance
34,970Applications decided
2023–2025
27,705Loans funded
79% of decisions
111Census tracts
11 ZIP codes
457,066People
ACS 2023
What the data shows
The typical purchase mortgage here is $345K.
Investment home improvement is the hardest money to get here: lenders approved 45% of 458 applications.
Lending by loan type in Virginia Beach city
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 93.6% | 15,757 | $345K | 98% | 381 |
| Home improvement loans | 68.2% | 5,472 | $65K | 95% | 97 |
| Cash-out refinance | 70.0% | 5,853 | $175K | 95% | 216 |
| Refinance | 79.7% | 4,670 | $325K | 90% | 209 |
| Investment property purchase | 88.7% | 1,978 | $235K | 97% | 243 |
| Investment cash-out refinance | 71.0% | 456 | $185K | 97% | 125 |
| Investment refinance | 72.4% | 326 | $185K | 92% | 96 |
| Investment home improvement | 44.5% | 458 | $75K | 92% | 50 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.