Primis Bank Mortgage Lending & HMDA Data, 2018

In 2018, Primis Bank of Glen Allen, VA reported 496 mortgage applications totaling $176.0 million, up 14% from 2017. The average application was for $354,899, and applicants reported an average income of $193,586. 35% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Richmond, VA (133), Virginia Beach-Norfolk-Newport News, VA-NC (112) and Baltimore-Columbia-Towson, MD (60) (applications in parentheses).

Mortgage Company & Address Primis Bank
10900 Nuckols Road Suite 325 Glen Allen
Glen Allen, VA 23060
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 496
Total Mortgage Loan Application Amount $176,030,000
Average Mortgage Loan Application Amount $354,899
Highest Mortgage Loan Application Amount $2,005,000
Average Applicant Income $193,586
Highest Applicant Income $808,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Primis Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Primis Bank by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Hanover, Virginia 32 $ 5,810,000 $ 181,562 $ 97,000
Chesterfield, Virginia 31 $ 5,935,000 $ 191,451 $ 122,000
Hampton, Virginia 24 $ 3,350,000 $ 139,583 $ 366,000
Virginia Beach, Virginia 21 $ 10,515,000 $ 500,714 $ 43,000
Anne Arundel, Maryland 20 $ 12,750,000 $ 637,500 $ 120,000
Henrico, Virginia 20 $ 3,890,000 $ 194,500 $ 102,000
Newport News, Virginia 20 $ 5,270,000 $ 263,500 $ 0
Richmond City, Virginia 20 $ 9,600,000 $ 480,000 $ 301,000
Northumberland, Virginia 17 $ 1,075,000 $ 63,235 $ 91,000
Howard, Maryland 16 $ 9,160,000 $ 572,500 $ 0
Baltimore, Maryland 13 $ 6,705,000 $ 515,769 $ 0
Montgomery, Maryland 12 $ 6,530,000 $ 544,166 $ 118,000
Charleston, South Carolina 12 $ 9,390,000 $ 782,500 $ 0
Essex, Virginia 12 $ 1,740,000 $ 145,000 $ 107,000
Loudoun, Virginia 12 $ 6,080,000 $ 506,666 $ 234,000
Norfolk, Virginia 12 $ 3,400,000 $ 283,333 $ 0
Prince George's, Maryland 11 $ 3,635,000 $ 330,454 $ 110,000
Wake, North Carolina 9 $ 3,295,000 $ 366,111 $ 0
Fairfax, Virginia 9 $ 6,245,000 $ 693,888 $ 100,000
Gloucester, Virginia 8 $ 2,660,000 $ 332,500 $ 104,000
Middlesex, Virginia 8 $ 870,000 $ 108,750 $ 61,000
Queen Anne's, Maryland 7 $ 3,665,000 $ 523,571 $ 0
Chesapeake, Virginia 6 $ 2,480,000 $ 413,333 $ 162,000
King William, Virginia 6 $ 380,000 $ 63,333 $ 50,000
Calvert, Maryland 5 $ 2,325,000 $ 465,000 $ 102,000
New Castle, Delaware 4 $ 2,370,000 $ 592,500 $ 0
District of Columbia, District Of Columbia 4 $ 1,620,000 $ 405,000 $ 0
Talbot, Maryland 4 $ 2,640,000 $ 660,000 $ 0
Caroline, Virginia 4 $ 670,000 $ 167,500 $ 30,000
Poquoson, Virginia 4 $ 690,000 $ 172,500 $ 115,000
Westmoreland, Virginia 4 $ 290,000 $ 72,500 $ 121,000
York, Virginia 4 $ 1,250,000 $ 312,500 $ 273,000
Chatham, North Carolina 3 $ 1,465,000 $ 488,333 $ 0
Dare, North Carolina 3 $ 1,095,000 $ 365,000 $ 0
Beaufort, South Carolina 3 $ 1,615,000 $ 538,333 $ 0
Berkeley, South Carolina 3 $ 3,155,000 $ 1,051,666 $ 0
Alexandria, Virginia 3 $ 1,855,000 $ 618,333 $ 0
Fauquier, Virginia 3 $ 1,585,000 $ 528,333 $ 81,000
Hopewell, Virginia 3 $ 315,000 $ 105,000 $ 231,000
James City, Virginia 3 $ 1,165,000 $ 388,333 $ 334,000
Lancaster, Virginia 3 $ 145,000 $ 48,333 $ 31,000
Mathews, Virginia 3 $ 205,000 $ 68,333 $ 45,000
New Kent, Virginia 3 $ 405,000 $ 135,000 $ 317,000
Petersburg, Virginia 3 $ 1,815,000 $ 605,000 $ 452,000
Portsmouth, Virginia 3 $ 755,000 $ 251,666 $ 0
Southampton, Virginia 3 $ 165,000 $ 55,000 $ 59,000
Sussex, Virginia 3 $ 105,000 $ 35,000 $ 56,000
Warren, Virginia 3 $ 185,000 $ 61,666 $ 53,000
Baltimore City, Maryland 2 $ 810,000 $ 405,000 $ 0
Charles, Maryland 2 $ 530,000 $ 265,000 $ 91,000
Harford, Maryland 2 $ 840,000 $ 420,000 $ 0
Orange, North Carolina 2 $ 970,000 $ 485,000 $ 0
York, South Carolina 2 $ 670,000 $ 335,000 $ 0
Albemarle, Virginia 2 $ 1,440,000 $ 720,000 $ 0
Alleghany, Virginia 2 $ 60,000 $ 30,000 $ 73,000
Arlington, Virginia 2 $ 1,210,000 $ 605,000 $ 0
Charlottesville, Virginia 2 $ 1,980,000 $ 990,000 $ 566,000
Dinwiddie, Virginia 2 $ 280,000 $ 140,000 $ 0
Franklin, Virginia 2 $ 890,000 $ 445,000 $ 200,000
Franklin City, Virginia 2 $ 400,000 $ 200,000 $ 175,000
Goochland, Virginia 2 $ 1,860,000 $ 930,000 $ 0
Prince George, Virginia 2 $ 110,000 $ 55,000 $ 198,000
Suffolk, Virginia 2 $ 740,000 $ 370,000 $ 0
Surry, Virginia 2 $ 50,000 $ 25,000 $ 69,000
Broward, Florida 1 $ 635,000 $ 635,000 $ 0
Hillsborough, Florida 1 $ 35,000 $ 35,000 $ 19,000
Indian River, Florida 1 $ 155,000 $ 155,000 $ 0
Miami-Dade, Florida 1 $ 405,000 $ 405,000 $ 0
Orange, Florida 1 $ 445,000 $ 445,000 $ 0
Pinellas, Florida 1 $ 615,000 $ 615,000 $ 0
Sarasota, Florida 1 $ 405,000 $ 405,000 $ 0
Fulton, Georgia 1 $ 655,000 $ 655,000 $ 0
Caroline, Maryland 1 $ 715,000 $ 715,000 $ 0
Westchester, New York 1 $ 785,000 $ 785,000 $ 171,000
Currituck, North Carolina 1 $ 275,000 $ 275,000 $ 0
Forsyth, North Carolina 1 $ 355,000 $ 355,000 $ 0
McDowell, North Carolina 1 $ 705,000 $ 705,000 $ 0
Union, North Carolina 1 $ 845,000 $ 845,000 $ 0
Philadelphia, Pennsylvania 1 $ 995,000 $ 995,000 $ 0
York, Pennsylvania 1 $ 435,000 $ 435,000 $ 0
Colonial Heights, Virginia 1 $ 195,000 $ 195,000 $ 0
King and Queen, Virginia 1 $ 215,000 $ 215,000 $ 251,000
Louisa, Virginia 1 $ 125,000 $ 125,000 $ 96,000
Powhatan, Virginia 1 $ 435,000 $ 435,000 $ 0
Richmond, Virginia 1 $ 45,000 $ 45,000 $ 91,000
Shenandoah, Virginia 1 $ 85,000 $ 85,000 $ 14,000
Stafford, Virginia 1 $ 675,000 $ 675,000 $ 0
Staunton, Virginia 1 $ 435,000 $ 435,000 $ 0
Williamsburg, Virginia 1 $ 205,000 $ 205,000 $ 0

Mortgage Loan Application Detail Totals for Primis Bank in 2018

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 247 $105,295,000 $426,000 $1,505,000 $254,000 $625,000
Refinancing 86 $26,820,000 $311,000 $2,005,000 $128,000 $532,000
Other Purpose 68 $9,180,000 $135,000 $1,005,000 $114,000 $808,000
Cash-out Refinancing 37 $21,365,000 $577,000 $1,005,000 $0 $0
Home Improvement 37 $3,745,000 $101,000 $515,000 $89,000 $489,000
Not Applicable 21 $9,625,000 $458,000 $785,000 $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 333 $150,745,000 $452,000 $2,005,000 $0 $0
White 109 $17,885,000 $164,000 $1,395,000 $130,000 $808,000
Not Provided 24 $3,460,000 $144,000 $785,000 $123,000 $366,000
Black or African American 19 $1,655,000 $87,000 $355,000 $82,000 $228,000
Asian 4 $450,000 $112,000 $235,000 $336,000 $489,000
Native Hawaiian or Other Pacific Islander 3 $435,000 $145,000 $285,000 $82,000 $131,000
Hispanic 2 $1,020,000 $510,000 $1,005,000 $57,000 $60,000
American Indian or Alaskan Native 1 $255,000 $255,000 $255,000 $125,000 $125,000

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) 496 $176,030,000 $354,000 $2,005,000 $127,000 $808,000
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 Purchased By The Institution 233 $127,175,000 $545,000 $1,505,000 $0 $0
Loan Originated 173 $35,615,000 $205,000 $1,495,000 $171,000 $808,000
Application Denied By Financial Institution 68 $7,330,000 $107,000 $605,000 $73,000 $508,000
Application Approved But Not Accepted 14 $4,190,000 $299,000 $2,005,000 $133,000 $300,000
Application Withdrawn By Applicant 8 $1,720,000 $215,000 $1,005,000 $138,000 $366,000
File Closed For Incompleteness 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
Debt-To-Income Ratio 496 $176,030,000 $354,000 $2,005,000 $127,000 $808,000
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
Not applicable 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Primis Bank's 2018 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 Primis Bank'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.

Download the Virginia Lender List