Piedmont Advantage Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016
Piedmont Advantage Credit Union 2016 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 | Piedmont Advantage Credit Union 3530 Advantage Way Winston-Salem, NC 27103 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 |
| Total Number of Mortgage Applications | 315 |
| Total Mortgage Loan Application Amount | $36,168,000 |
| Average Mortgage Loan Application Amount | $102,666 |
| Highest Mortgage Loan Application Amount | $405,000 |
| Average Applicant Income | $78,000 |
| Highest Applicant Income | $1,132,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with Piedmont Advantage Credit Union. 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 Piedmont Advantage Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2016 breaks down Piedmont Advantage Credit Union'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 Piedmont Advantage Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Piedmont Advantage Credit Union, 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 Piedmont Advantage Credit Union's mortgage activity for 2016.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Forsyth County North Carolina | 58 | $ 6,736,000 | $ 116,000 | $ 67,000 |
| Mecklenburg County North Carolina | 57 | $ 6,622,000 | $ 116,000 | $ 97,000 |
| Iredell County North Carolina | 26 | $ 3,745,000 | $ 144,000 | $ 102,000 |
| Rockingham County North Carolina | 18 | $ 1,130,000 | $ 62,000 | $ 64,000 |
| New Hanover County North Carolina | 16 | $ 1,588,000 | $ 99,000 | $ 112,000 |
| Guilford County North Carolina | 14 | $ 1,454,000 | $ 103,000 | $ 64,000 |
| York County South Carolina | 12 | $ 1,463,000 | $ 121,000 | $ 77,000 |
| Stokes County North Carolina | 10 | $ 594,000 | $ 59,000 | $ 64,000 |
| Davidson County North Carolina | 9 | $ 1,235,000 | $ 137,000 | $ 68,000 |
| Davie County North Carolina | 8 | $ 629,000 | $ 78,000 | $ 93,000 |
| Gaston County North Carolina | 8 | $ 731,000 | $ 91,000 | $ 67,000 |
| Lincoln County North Carolina | 6 | $ 903,000 | $ 150,000 | $ 77,000 |
| Cabarrus County North Carolina | 4 | $ 295,000 | $ 73,000 | $ 106,000 |
| Catawba County North Carolina | 3 | $ 570,000 | $ 190,000 | $ 65,000 |
| Rowan County North Carolina | 3 | $ 624,000 | $ 208,000 | $ 115,000 |
| Union County North Carolina | 3 | $ 620,000 | $ 206,000 | $ 113,000 |
| Wake County North Carolina | 3 | $ 517,000 | $ 172,000 | $ 66,000 |
| Georgetown County South Carolina | 3 | $ 540,000 | $ 180,000 | $ 72,000 |
| New Castle County Delaware | 2 | $ 485,000 | $ 242,000 | $ 130,000 |
| Broward County Florida | 2 | $ 208,000 | $ 104,000 | $ 109,000 |
| Alexander County North Carolina | 2 | $ 380,000 | $ 190,000 | $ 187,000 |
| Brunswick County North Carolina | 2 | $ 122,000 | $ 61,000 | $ 33,000 |
| Columbus County North Carolina | 2 | $ 4,000 | $ 2,000 | $ 16,000 |
| Cumberland County North Carolina | 2 | $ 60,000 | $ 30,000 | $ 44,000 |
| Duplin County North Carolina | 2 | $ 183,000 | $ 91,000 | $ 111,000 |
| Wilkes County North Carolina | 2 | $ 10,000 | $ 5,000 | $ 69,000 |
| Yadkin County North Carolina | 2 | $ 224,000 | $ 112,000 | $ 56,000 |
| Spartanburg County South Carolina | 2 | $ 106,000 | $ 53,000 | $ 50,000 |
| Henry County Virginia | 2 | $ 243,000 | $ 121,000 | $ 51,000 |
| Pulaski County Arkansas | 1 | $ 68,000 | $ 68,000 | $ 35,000 |
| Los Angeles County California | 1 | $ 305,000 | $ 305,000 | $ 74,000 |
| Grand County Colorado | 1 | $ 255,000 | $ 255,000 | $ 65,000 |
| Sussex County Delaware | 1 | $ 135,000 | $ 135,000 | $ 185,000 |
| Hernando County Florida | 1 | $ 150,000 | $ 150,000 | $ 80,000 |
| Lee County Florida | 1 | $ 116,000 | $ 116,000 | $ 52,000 |
| Cobb County Georgia | 1 | $ 192,000 | $ 192,000 | $ 68,000 |
| Decatur County Georgia | 1 | $ 159,000 | $ 159,000 | $ 67,000 |
| DeKalb County Georgia | 1 | $ 2,000 | $ 2,000 | $ 49,000 |
| Fayette County Georgia | 1 | $ 25,000 | $ 25,000 | $ 60,000 |
| Henry County Georgia | 1 | $ 232,000 | $ 232,000 | $ 124,000 |
| Baltimore City County Maryland | 1 | $ 91,000 | $ 91,000 | $ 74,000 |
| Ashe County North Carolina | 1 | $ 10,000 | $ 10,000 | $ 50,000 |
| Caswell County North Carolina | 1 | $ 2,000 | $ 2,000 | $ 79,000 |
| Durham County North Carolina | 1 | $ 162,000 | $ 162,000 | $ 78,000 |
| Edgecombe County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 115,000 |
| Johnston County North Carolina | 1 | $ 193,000 | $ 193,000 | $ 38,000 |
| Moore County North Carolina | 1 | $ 78,000 | $ 78,000 | $ 60,000 |
| Pender County North Carolina | 1 | $ 117,000 | $ 117,000 | $ 113,000 |
| Surry County North Carolina | 1 | $ 120,000 | $ 120,000 | $ 123,000 |
| Delaware County Ohio | 1 | $ 168,000 | $ 168,000 | $ 103,000 |
| Warren County Ohio | 1 | $ 138,000 | $ 138,000 | $ 88,000 |
| Armstrong County Pennsylvania | 1 | $ 10,000 | $ 10,000 | $ 243,000 |
| Beaufort County South Carolina | 1 | $ 183,000 | $ 183,000 | $ 127,000 |
| Charleston County South Carolina | 1 | $ 361,000 | $ 361,000 | $ 88,000 |
| Lancaster County South Carolina | 1 | $ 4,000 | $ 4,000 | $ 120,000 |
| Harris County Texas | 1 | $ 65,000 | $ 65,000 | $ 85,000 |
| Montgomery County Texas | 1 | $ 148,000 | $ 148,000 | $ 30,000 |
| Tarrant County Texas | 1 | $ 201,000 | $ 201,000 | $ 105,000 |
| Carroll County Virginia | 1 | $ 241,000 | $ 241,000 | $ 82,000 |
| Chesterfield County Virginia | 1 | $ 1,000 | $ 1,000 | $ 32,000 |
| Tucker County West Virginia | 1 | $ 115,000 | $ 115,000 | $ 39,000 |
Mortgage Loan Application Detail Totals for Piedmont Advantage Credit Union in 2016
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 | $21,556,000 | $123,000 | $377,000 | $89,000 | $1,132,000 |
| Home Purchase | 82 | $12,953,000 | $157,000 | $405,000 | $79,000 | $220,000 |
| Home Improvement | 59 | $1,659,000 | $28,000 | $250,000 | $66,000 | $295,000 |
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 | 195 | $25,296,000 | $129,000 | $377,000 | $89,000 | $1,132,000 |
| Not Provided | 69 | $5,171,000 | $74,000 | $405,000 | $73,000 | $243,000 |
| Black or African American | 33 | $3,305,000 | $100,000 | $263,000 | $55,000 | $124,000 |
| Asian | 9 | $964,000 | $107,000 | $163,000 | $85,000 | $137,000 |
| Hispanic | 8 | $1,352,000 | $169,000 | $305,000 | $110,000 | $197,000 |
| Native Hawaiin or Other Pacific Islander | 1 | $80,000 | $80,000 | $80,000 | $29,000 | $29,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 290 | $32,302,000 | $111,000 | $405,000 | $83,000 | $1,132,000 |
| FHA-insured (Federal Housing Administration) | 19 | $2,756,000 | $145,000 | $305,000 | $69,000 | $156,000 |
| VA-guaranteed (Veterans Administration) | 6 | $1,110,000 | $185,000 | $258,000 | $74,000 | $106,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 189 | $18,441,000 | $97,000 | $361,000 | $85,000 | $1,132,000 |
| Application Denied By Financial Institution | 73 | $9,718,000 | $133,000 | $330,000 | $68,000 | $266,000 |
| Application Withdrawn By Applicant | 46 | $6,854,000 | $149,000 | $405,000 | $86,000 | $200,000 |
| File Closed For Incompleteness | 6 | $1,075,000 | $179,000 | $377,000 | $137,000 | $295,000 |
| Application Approved But Not Accepted | 1 | $80,000 | $80,000 | $80,000 | $45,000 | $45,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 52 | $7,742,000 | $148,000 | $330,000 | $74,000 | $266,000 |
| Debt-To-Income Ratio | 8 | $1,028,000 | $128,000 | $183,000 | $35,000 | $63,000 |
| Collateral | 7 | $512,000 | $73,000 | $111,000 | $70,000 | $135,000 |
| Credit Application Incomplete | 2 | $185,000 | $92,000 | $115,000 | $104,000 | $125,000 |
| Other | 1 | $45,000 | $45,000 | $45,000 | $25,000 | $25,000 |
| Employment History | 1 | $30,000 | $30,000 | $30,000 | $81,000 | $81,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Piedmont Advantage Credit Union's 2016 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 Piedmont Advantage Credit Union'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 North Carolina, download the full spreadsheet
with aggregated HMDA statistics today.