# VILLAGE BANK MORTGAGE CORPORATION

> **Canonical URL:** https://saferate.com/lenders/village-bank-mortgage


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


VILLAGE BANK MORTGAGE CORPORATION is a independent mortgage company, headquartered in RICHMOND, VA, serving borrowers across 2 states, with 281 loans originated in the most recent reporting period.

**At a Glance:**
- **Approval Rate:** Ranks in the top 28% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300KR83OL4XF00793
- **Headquarters:** RICHMOND, VA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** NC, VA
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pull Through: Strong 😀
- Score: 72/100
- Rating: ●●●●○ (4/5)


### Lending Volume
- **Total Loans:** 281
- **Dollar Volume:** $102 million
- **Applications Received:** 332
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $362,082
- **Average Borrower Income:** $139,270
- **Average Property Value:** $446,423

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 51/100 | 200 | -0.048% | $3,802 | Sound ☺️ |
| FHA | 62/100 | 53 | +1.429% | $2,222 | Strong 😀 |
| VA | 61/100 | 22 | - | - | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 191 loans, Score: 52/100 (Sound)

**FHA:**
- Purchase: 50 loans, Score: 62/100 (Strong)

**VA:**
- Purchase: 20 loans, Score: 61/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 56/100 | 265 | $95M | +0.538% | Sound ☺️ |
| Refinance | 31/100 | 16 | $6M | - | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| VA | 277 | 0.26% | 81/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Richmond, VA | VA | 237 | 89/100 |
| Non |  | 20 | 31/100 |
| Virginia Beach | VA-NC | 12 | 44/100 |

## Frequently Asked Questions

### What loan types does VILLAGE BANK MORTGAGE CORPORATION offer?

VILLAGE BANK MORTGAGE CORPORATION offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does VILLAGE BANK MORTGAGE CORPORATION offer mortgages?

VILLAGE BANK MORTGAGE CORPORATION offers mortgages in 2 states: NC, VA.

### What type of lender is VILLAGE BANK MORTGAGE CORPORATION?

VILLAGE BANK MORTGAGE CORPORATION is a non-depository lender that specializes in mortgage origination, headquartered in RICHMOND, VA.

### What is VILLAGE BANK MORTGAGE CORPORATION's loan approval success rate?

VILLAGE BANK MORTGAGE CORPORATION has a pull-through score of 72/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/village-bank-mortgage

### How to Cite

> "VILLAGE BANK MORTGAGE CORPORATION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/village-bank-mortgage

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