Advance Financial Group, Llc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
Advance Financial Group, Llc 2021 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Advance Financial Group, Llc 600 22Nd St #204 Suffolk, VA 23451 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 |
| Total Number of Mortgage Applications | 1,035 |
| Total Mortgage Loan Application Amount | $285,835,000 |
| Average Mortgage Loan Application Amount | $264,666 |
| Highest Mortgage Loan Application Amount | $1,225,000 |
| Average Applicant Income | $103,666 |
| Highest Applicant Income | $748,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with Advance Financial Group, Llc. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Advance Financial Group, Llc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2021 breaks down Advance Financial Group, Llc's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Advance Financial Group, Llc serves its applicants.
Each category highlights the total number of mortgage applications processed by Advance Financial Group, Llc, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Advance Financial Group, Llc's mortgage activity for 2021.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Virginia Beach County Virginia | 297 | $ 87,695,000 | $ 295,000 | $ 104,000 |
| Chesapeake County Virginia | 216 | $ 66,440,000 | $ 307,000 | $ 96,000 |
| Norfolk County Virginia | 100 | $ 23,900,000 | $ 239,000 | $ 95,000 |
| Suffolk County Virginia | 94 | $ 28,710,000 | $ 305,000 | $ 97,000 |
| Portsmouth County Virginia | 63 | $ 12,645,000 | $ 200,000 | $ 70,000 |
| Newport News County Virginia | 42 | $ 7,270,000 | $ 173,000 | $ 72,000 |
| Hampton County Virginia | 40 | $ 7,920,000 | $ 198,000 | $ 65,000 |
| Pasquotank County North Carolina | 24 | $ 6,460,000 | $ 269,000 | $ 86,000 |
| York County Virginia | 23 | $ 7,405,000 | $ 321,000 | $ 91,000 |
| Currituck County North Carolina | 19 | $ 7,655,000 | $ 402,000 | $ 135,000 |
| Isle of Wight County Virginia | 11 | $ 2,885,000 | $ 262,000 | $ 119,000 |
| James City County Virginia | 11 | $ 2,655,000 | $ 241,000 | $ 77,000 |
| Broward County Florida | 8 | $ 2,520,000 | $ 315,000 | $ 108,000 |
| Camden County North Carolina | 7 | $ 1,145,000 | $ 163,000 | $ 70,000 |
| Pasco County Florida | 6 | $ 970,000 | $ 161,000 | $ 76,000 |
| Southampton County Virginia | 6 | $ 590,000 | $ 98,000 | $ 36,000 |
| Citrus County Florida | 5 | $ 1,095,000 | $ 219,000 | $ 83,000 |
| Dare County North Carolina | 4 | $ 1,280,000 | $ 320,000 | $ 71,000 |
| Franklin City County Virginia | 4 | $ 930,000 | $ 232,000 | $ 71,000 |
| Gloucester County Virginia | 4 | $ 950,000 | $ 237,000 | $ 66,000 |
| Miami-Dade County Florida | 2 | $ 860,000 | $ 430,000 | $ 136,000 |
| Palm Beach County Florida | 2 | $ 520,000 | $ 260,000 | $ 77,000 |
| Pinellas County Florida | 2 | $ 420,000 | $ 210,000 | $ 99,000 |
| Alamance County North Carolina | 2 | $ 630,000 | $ 315,000 | $ 107,000 |
| Chowan County North Carolina | 2 | $ 530,000 | $ 265,000 | $ 108,000 |
| Gates County North Carolina | 2 | $ 350,000 | $ 175,000 | $ 61,000 |
| Wake County North Carolina | 2 | $ 1,050,000 | $ 525,000 | $ 146,000 |
| Colonial Heights County Virginia | 2 | $ 390,000 | $ 195,000 | $ 32,000 |
| Henrico County Virginia | 2 | $ 700,000 | $ 350,000 | $ 125,000 |
| New Kent County Virginia | 2 | $ 530,000 | $ 265,000 | $ 53,000 |
| Poquoson County Virginia | 2 | $ 710,000 | $ 355,000 | $ 87,000 |
| Prince George County Virginia | 2 | $ 200,000 | $ 100,000 | $ 33,000 |
| Williamsburg County Virginia | 2 | $ 440,000 | $ 220,000 | $ 109,000 |
| Escambia County Florida | 1 | $ 285,000 | $ 285,000 | $ 54,000 |
| Lee County Florida | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Sarasota County Florida | 1 | $ 315,000 | $ 315,000 | $ 73,000 |
| Sumter County Florida | 1 | $ 1,005,000 | $ 1,005,000 | $ 184,000 |
| Hertford County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 58,000 |
| Perquimans County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 41,000 |
| Person County North Carolina | 1 | $ 455,000 | $ 455,000 | $ 94,000 |
| Lancaster County Pennsylvania | 1 | $ 205,000 | $ 205,000 | $ 151,000 |
| Bedford County Virginia | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Brunswick County Virginia | 1 | $ 505,000 | $ 505,000 | $ 255,000 |
| Campbell County Virginia | 1 | $ 125,000 | $ 125,000 | $ 68,000 |
| Charlotte County Virginia | 1 | $ 235,000 | $ 235,000 | $ 122,000 |
| Chesterfield County Virginia | 1 | $ 105,000 | $ 105,000 | $ 38,000 |
| Greene County Virginia | 1 | $ 195,000 | $ 195,000 | $ 64,000 |
| Lancaster County Virginia | 1 | $ 165,000 | $ 165,000 | $ 57,000 |
| Loudoun County Virginia | 1 | $ 465,000 | $ 465,000 | $ 114,000 |
| Lynchburg County Virginia | 1 | $ 125,000 | $ 125,000 | $ 111,000 |
| Middlesex County Virginia | 1 | $ 275,000 | $ 275,000 | $ 50,000 |
| Nelson County Virginia | 1 | $ 175,000 | $ 175,000 | $ 176,000 |
| Prince William County Virginia | 1 | $ 485,000 | $ 485,000 | $ 172,000 |
| Richmond City County Virginia | 1 | $ 255,000 | $ 255,000 | $ 52,000 |
| Russell County Virginia | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Staunton County Virginia | 1 | $ 225,000 | $ 225,000 | $ 42,000 |
| Surry County Virginia | 1 | $ 295,000 | $ 295,000 | $ 140,000 |
| Waynesboro County Virginia | 1 | $ 365,000 | $ 365,000 | $ 85,000 |
Mortgage Loan Application Detail Totals for Advance Financial Group, Llc in 2021
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 | 805 | $229,005,000 | $284,000 | $1,225,000 | $94,000 | $630,000 |
| Cash-out Refinancing | 169 | $40,155,000 | $237,000 | $545,000 | $90,000 | $748,000 |
| Refinancing | 61 | $16,675,000 | $273,000 | $625,000 | $127,000 | $365,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $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 | 617 | $172,905,000 | $280,000 | $1,225,000 | $92,000 | $630,000 |
| Not Provided | 204 | $59,550,000 | $291,000 | $885,000 | $99,000 | $586,000 |
| Black or African American | 135 | $32,455,000 | $240,000 | $865,000 | $86,000 | $606,000 |
| Hispanic | 49 | $12,875,000 | $262,000 | $545,000 | $111,000 | $748,000 |
| Asian | 26 | $7,090,000 | $272,000 | $645,000 | $108,000 | $602,000 |
| American Indian or Alaskan Native | 2 | $570,000 | $285,000 | $435,000 | $103,000 | $184,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $390,000 | $195,000 | $235,000 | $166,000 | $272,000 |
| Not applicable | 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) | 551 | $135,965,000 | $246,000 | $1,035,000 | $102,000 | $748,000 |
| VA-guaranteed (Veterans Administration) | 332 | $113,250,000 | $341,000 | $1,225,000 | $94,000 | $437,000 |
| FHA-insured (Federal Housing Administration) | 148 | $35,690,000 | $241,000 | $465,000 | $66,000 | $240,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $930,000 | $232,000 | $295,000 | $53,000 | $78,000 |
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 | 841 | $237,015,000 | $281,000 | $1,225,000 | $94,000 | $606,000 |
| Application Withdrawn By Applicant | 127 | $31,545,000 | $248,000 | $865,000 | $91,000 | $586,000 |
| Application Denied By Financial Institution | 43 | $9,275,000 | $215,000 | $545,000 | $76,000 | $748,000 |
| File Closed For Incompleteness | 15 | $5,585,000 | $372,000 | $1,145,000 | $158,000 | $630,000 |
| Application Approved But Not Accepted | 9 | $2,415,000 | $268,000 | $525,000 | $91,000 | $142,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 992 | $276,560,000 | $278,000 | $1,225,000 | $95,000 | $630,000 |
| Credit History | 9 | $2,765,000 | $307,000 | $545,000 | $176,000 | $748,000 |
| Debt-To-Income Ratio | 8 | $1,440,000 | $180,000 | $375,000 | $31,000 | $58,000 |
| Other | 7 | $645,000 | $92,000 | $245,000 | $47,000 | $69,000 |
| Collateral | 6 | $1,390,000 | $231,000 | $285,000 | $81,000 | $179,000 |
| Employment History | 5 | $915,000 | $183,000 | $245,000 | $0 | $0 |
| Credit Application Incomplete | 3 | $505,000 | $168,000 | $255,000 | $57,000 | $99,000 |
| Unverifiable Information | 3 | $1,065,000 | $355,000 | $455,000 | $104,000 | $156,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $550,000 | $275,000 | $395,000 | $72,000 | $80,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Advance Financial Group, Llc's 2021 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Advance Financial Group, Llc's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Virginia, download the full spreadsheet
with aggregated HMDA statistics today.