Pillar Multifamily, LLC Mortgage Lending & HMDA Data, 2016

In 2016, Pillar Multifamily, LLC of Vienna, VA reported 120 mortgage applications totaling $1.1 billion, down 14% from 2015. The average application was for $9,169,591, and applicants reported an average income of $0. 95% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Denver-Aurora-Lakewood, CO (9), Knoxville, TN (5) and Baltimore-Columbia-Towson, MD (4) (applications in parentheses).

Mortgage Company & Address Pillar Multifamily, LLC
8245 Boone Blvd Ste 710
Vienna, VA 22182
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  
Total Number of Mortgage Applications 120
Total Mortgage Loan Application Amount $1,100,351,000
Average Mortgage Loan Application Amount $9,169,591
Highest Mortgage Loan Application Amount $59,400,000
Average Applicant Income $0
Highest Applicant Income $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Pillar Multifamily, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Pillar Multifamily, LLC by County in 2016

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Denver, Colorado 5 $ 51,470,000 $ 10,294,000 $ 0
Wayne, Michigan 4 $ 37,122,000 $ 9,280,500 $ 0
Miami-Dade, Florida 3 $ 26,592,000 $ 8,864,000 $ 0
Eaton, Michigan 3 $ 22,400,000 $ 7,466,666 $ 0
St. Louis, Missouri 3 $ 36,437,000 $ 12,145,666 $ 0
Knox, Tennessee 3 $ 43,913,000 $ 14,637,666 $ 0
Adams, Colorado 2 $ 9,000,000 $ 4,500,000 $ 0
Marion, Indiana 2 $ 13,757,000 $ 6,878,500 $ 0
Fayette, Kentucky 2 $ 7,260,000 $ 3,630,000 $ 0
Anne Arundel, Maryland 2 $ 14,820,000 $ 7,410,000 $ 0
Baltimore City, Maryland 2 $ 14,940,000 $ 7,470,000 $ 0
Prince George's, Maryland 2 $ 33,700,000 $ 16,850,000 $ 0
St. Clair, Michigan 2 $ 5,375,000 $ 2,687,500 $ 0
Jackson, Missouri 2 $ 20,896,000 $ 10,448,000 $ 0
Franklin, Ohio 2 $ 4,625,000 $ 2,312,500 $ 0
Montgomery, Ohio 2 $ 17,220,000 $ 8,610,000 $ 0
Marion, Oregon 2 $ 8,825,000 $ 4,412,500 $ 0
Davidson, Tennessee 2 $ 28,260,000 $ 14,130,000 $ 0
Shelby, Tennessee 2 $ 22,391,000 $ 11,195,500 $ 0
Dallas, Texas 2 $ 24,360,000 $ 12,180,000 $ 0
Harris, Texas 2 $ 17,495,000 $ 8,747,500 $ 0
Chesapeake, Virginia 2 $ 27,400,000 $ 13,700,000 $ 0
Virginia Beach, Virginia 2 $ 30,850,000 $ 15,425,000 $ 0
Jefferson, Alabama 1 $ 12,400,000 $ 12,400,000 $ 0
Juneau, Alaska 1 $ 3,762,000 $ 3,762,000 $ 0
Maricopa, Arizona 1 $ 4,773,000 $ 4,773,000 $ 0
Riverside, California 1 $ 10,462,000 $ 10,462,000 $ 0
Arapahoe, Colorado 1 $ 6,219,000 $ 6,219,000 $ 0
El Paso, Colorado 1 $ 2,820,000 $ 2,820,000 $ 0
Jefferson, Colorado 1 $ 7,040,000 $ 7,040,000 $ 0
La Plata, Colorado 1 $ 4,320,000 $ 4,320,000 $ 0
Weld, Colorado 1 $ 5,500,000 $ 5,500,000 $ 0
Alachua, Florida 1 $ 38,000,000 $ 38,000,000 $ 0
Lake, Florida 1 $ 5,800,000 $ 5,800,000 $ 0
Lee, Florida 1 $ 2,550,000 $ 2,550,000 $ 0
Marion, Florida 1 $ 2,612,000 $ 2,612,000 $ 0
Pinellas, Florida 1 $ 3,376,000 $ 3,376,000 $ 0
Fulton, Georgia 1 $ 18,000,000 $ 18,000,000 $ 0
Latah, Idaho 1 $ 5,350,000 $ 5,350,000 $ 0
Cook, Illinois 1 $ 8,550,000 $ 8,550,000 $ 0
Jackson, Illinois 1 $ 12,874,000 $ 12,874,000 $ 0
Lake, Illinois 1 $ 3,440,000 $ 3,440,000 $ 0
Macon, Illinois 1 $ 2,450,000 $ 2,450,000 $ 0
Peoria, Illinois 1 $ 3,050,000 $ 3,050,000 $ 0
Will, Illinois 1 $ 2,450,000 $ 2,450,000 $ 0
Hendricks, Indiana 1 $ 23,300,000 $ 23,300,000 $ 0
Lake, Indiana 1 $ 3,330,000 $ 3,330,000 $ 0
Des Moines, Iowa 1 $ 3,100,000 $ 3,100,000 $ 0
Saline, Kansas 1 $ 13,760,000 $ 13,760,000 $ 0
Boone, Kentucky 1 $ 11,200,000 $ 11,200,000 $ 0
Jefferson, Louisiana 1 $ 12,675,000 $ 12,675,000 $ 0
Worcester, Massachusetts 1 $ 38,800,000 $ 38,800,000 $ 0
Genesee, Michigan 1 $ 2,300,000 $ 2,300,000 $ 0
Isabella, Michigan 1 $ 1,840,000 $ 1,840,000 $ 0
Kent, Michigan 1 $ 8,255,000 $ 8,255,000 $ 0
Oakland, Michigan 1 $ 6,900,000 $ 6,900,000 $ 0
Lancaster, Nebraska 1 $ 5,125,000 $ 5,125,000 $ 0
Sarpy, Nebraska 1 $ 40,100,000 $ 40,100,000 $ 0
Clark, Nevada 1 $ 16,232,000 $ 16,232,000 $ 0
Hudson, New Jersey 1 $ 59,400,000 $ 59,400,000 $ 0
Onondaga, New York 1 $ 4,420,000 $ 4,420,000 $ 0
New Hanover, North Carolina 1 $ 8,800,000 $ 8,800,000 $ 0
Licking, Ohio 1 $ 1,380,000 $ 1,380,000 $ 0
Summit, Ohio 1 $ 1,267,000 $ 1,267,000 $ 0
Tuscarawas, Ohio 1 $ 7,028,000 $ 7,028,000 $ 0
Tulsa, Oklahoma 1 $ 5,340,000 $ 5,340,000 $ 0
Multnomah, Oregon 1 $ 3,905,000 $ 3,905,000 $ 0
Allegheny, Pennsylvania 1 $ 10,100,000 $ 10,100,000 $ 0
Beaver, Pennsylvania 1 $ 6,000,000 $ 6,000,000 $ 0
Columbia, Pennsylvania 1 $ 2,025,000 $ 2,025,000 $ 0
Dauphin, Pennsylvania 1 $ 6,800,000 $ 6,800,000 $ 0
Abbeville, South Carolina 1 $ 1,850,000 $ 1,850,000 $ 0
Greenville, South Carolina 1 $ 9,440,000 $ 9,440,000 $ 0
Anderson, Tennessee 1 $ 6,720,000 $ 6,720,000 $ 0
Campbell, Tennessee 1 $ 2,025,000 $ 2,025,000 $ 0
Hamilton, Tennessee 1 $ 2,535,000 $ 2,535,000 $ 0
Rutherford, Tennessee 1 $ 3,975,000 $ 3,975,000 $ 0
Sullivan, Tennessee 1 $ 6,545,000 $ 6,545,000 $ 0
Washington, Tennessee 1 $ 3,750,000 $ 3,750,000 $ 0
Denton, Texas 1 $ 13,420,000 $ 13,420,000 $ 0
Fort Bend, Texas 1 $ 20,065,000 $ 20,065,000 $ 0
Hale, Texas 1 $ 2,308,000 $ 2,308,000 $ 0
Lubbock, Texas 1 $ 2,200,000 $ 2,200,000 $ 0
Montgomery, Texas 1 $ 15,600,000 $ 15,600,000 $ 0
Wichita, Texas 1 $ 1,855,000 $ 1,855,000 $ 0
Richmond City, Virginia 1 $ 6,000,000 $ 6,000,000 $ 0
Kittitas, Washington 1 $ 7,775,000 $ 7,775,000 $ 0
Pierce, Washington 1 $ 6,000,000 $ 6,000,000 $ 0

Mortgage Loan Application Detail Totals for Pillar Multifamily, LLC 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
Home Purchase 60 $563,572,000 $9,392,000 $38,800,000 $0 $0
Refinancing 34 $316,118,000 $9,297,000 $59,400,000 $0 $0
Home Improvement 26 $220,661,000 $8,486,000 $23,700,000 $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
Not applicable 120 $1,100,351,000 $9,169,000 $59,400,000 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
White 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiin or Other Pacific Islander 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) 120 $1,100,351,000 $9,169,000 $59,400,000 $0 $0
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 114 $1,061,511,000 $9,311,000 $59,400,000 $0 $0
Application Denied By Financial Institution 5 $28,740,000 $5,748,000 $10,850,000 $0 $0
Application Withdrawn By Applicant 1 $10,100,000 $10,100,000 $10,100,000 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
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
Collateral 3 $11,890,000 $3,963,000 $6,000,000 $0 $0
Other 1 $6,000,000 $6,000,000 $6,000,000 $0 $0
Credit History 1 $10,850,000 $10,850,000 $10,850,000 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
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
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Pillar Multifamily, LLC'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 Pillar Multifamily, 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.
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