Private Mortgage Advisors, LLC Mortgage Lending & HMDA Data, 2013
In 2013, Private Mortgage Advisors, LLC of Winston-Salem, NC reported 425 mortgage applications totaling $175.5 million, up 22% from 2012. The average application was for $412,997, and applicants reported an average income of $165,338. 85% of its applications resulted in an originated loan and 7% were denied. Its largest markets were San Jose-Sunnyvale-Santa Clara, CA (178), San Francisco-San Mateo-Redwood City, CA (142) and Oakland-Fremont-Hayward, CA (55) (applications in parentheses).
| Mortgage Company & Address | Private Mortgage Advisors, LLC 100 N Main Street Mac D4001-063 Winston-Salem, NC 27150 |
| Federal Regulator | * available with data download |
| Years | 2013 2012 2011 |
| Total Number of Mortgage Applications | 425 |
| Total Mortgage Loan Application Amount | $175,524,000 |
| Average Mortgage Loan Application Amount | $412,997 |
| Highest Mortgage Loan Application Amount | $678,000 |
| Average Applicant Income | $165,338 |
| Highest Applicant Income | $1,038,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Private Mortgage Advisors, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Private Mortgage Advisors, LLC in 2013
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 | 213 | $87,824,000 | $412,000 | $678,000 | $177,000 | $1,038,000 |
| Home Purchase | 207 | $85,769,000 | $414,000 | $648,000 | $154,000 | $585,000 |
| Home Improvement | 5 | $1,931,000 | $386,000 | $417,000 | $138,000 | $194,000 |
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 | 285 | $120,023,000 | $421,000 | $678,000 | $166,000 | $949,000 |
| Asian | 91 | $36,249,000 | $398,000 | $648,000 | $175,000 | $1,038,000 |
| Not Provided | 33 | $12,907,000 | $391,000 | $626,000 | $136,000 | $277,000 |
| Hispanic | 13 | $5,594,000 | $430,000 | $626,000 | $148,000 | $346,000 |
| Black or African American | 2 | $380,000 | $190,000 | $250,000 | $225,000 | $363,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $371,000 | $371,000 | $371,000 | $110,000 | $110,000 |
| 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) | 425 | $175,524,000 | $412,000 | $678,000 | $166,000 | $1,038,000 |
| 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 | 360 | $148,236,000 | $411,000 | $678,000 | $166,000 | $1,038,000 |
| Application Denied By Financial Institution | 28 | $11,671,000 | $416,000 | $645,000 | $151,000 | $421,000 |
| Application Approved But Not Accepted | 19 | $8,725,000 | $459,000 | $626,000 | $199,000 | $570,000 |
| Application Withdrawn By Applicant | 11 | $3,836,000 | $348,000 | $544,000 | $155,000 | $247,000 |
| Preapproval Denied by Financial Institution | 5 | $2,334,000 | $466,000 | $563,000 | $132,000 | $206,000 |
| File Closed For Incompleteness | 2 | $722,000 | $361,000 | $480,000 | $159,000 | $199,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 | 13 | $5,700,000 | $438,000 | $645,000 | $159,000 | $421,000 |
| Debt-To-Income Ratio | 7 | $2,931,000 | $418,000 | $585,000 | $119,000 | $171,000 |
| Other | 5 | $2,193,000 | $438,000 | $605,000 | $211,000 | $362,000 |
| Collateral | 4 | $1,659,000 | $414,000 | $600,000 | $121,000 | $192,000 |
| Credit Application Incomplete | 3 | $1,105,000 | $368,000 | $417,000 | $113,000 | $128,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $417,000 | $417,000 | $417,000 | $99,000 | $99,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Private Mortgage Advisors, LLC's 2013 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 Private Mortgage Advisors, 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 North Carolina, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About