Primis Bank Mortgage Lending & HMDA Data, 2019

In 2019, Primis Bank of Glen Allen, VA reported 386 mortgage applications totaling $157.3 million, down 22% from 2018. The average application was for $407,435, and applicants reported an average income of $194,362. 34% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Richmond, VA (107), Virginia Beach-Norfolk-Newport News, VA-NC (92) and Washington-Arlington-Alexandria, DC-VA-MD-WV (42) (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 386
Total Mortgage Loan Application Amount $157,270,000
Average Mortgage Loan Application Amount $407,435
Highest Mortgage Loan Application Amount $8,605,000
Average Applicant Income $194,362
Highest Applicant Income $707,000

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Act (HMDA) records Primis Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2019

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Virginia Beach, Virginia 43 $ 22,395,000 $ 520,813 $ 0
Henrico, Virginia 20 $ 4,930,000 $ 246,500 $ 123,000
Chesterfield, Virginia 19 $ 4,895,000 $ 257,631 $ 377,000
Hanover, Virginia 19 $ 4,535,000 $ 238,684 $ 75,000
Charleston, South Carolina 16 $ 9,320,000 $ 582,500 $ 0
Northumberland, Virginia 16 $ 1,700,000 $ 106,250 $ 69,000
Richmond City, Virginia 16 $ 8,530,000 $ 533,125 $ 181,000
Hampton, Virginia 13 $ 1,505,000 $ 115,769 $ 110,000
Howard, Maryland 12 $ 7,700,000 $ 641,666 $ 0
Norfolk, Virginia 12 $ 3,110,000 $ 259,166 $ 141,000
Anne Arundel, Maryland 10 $ 5,590,000 $ 559,000 $ 0
Prince George's, Maryland 10 $ 5,620,000 $ 562,000 $ 81,000
Dare, North Carolina 10 $ 6,950,000 $ 695,000 $ 236,000
Fairfax, Virginia 10 $ 6,090,000 $ 609,000 $ 236,000
Hopewell, Virginia 9 $ 2,265,000 $ 251,666 $ 101,000
Chesapeake, Virginia 8 $ 1,690,000 $ 211,250 $ 0
Dinwiddie, Virginia 6 $ 780,000 $ 130,000 $ 78,000
Essex, Virginia 6 $ 470,000 $ 78,333 $ 66,000
District of Columbia, District Of Columbia 5 $ 5,445,000 $ 1,089,000 $ 0
Arlington, Virginia 5 $ 2,295,000 $ 459,000 $ 219,000
King and Queen, Virginia 5 $ 425,000 $ 85,000 $ 62,000
Middlesex, Virginia 5 $ 485,000 $ 97,000 $ 96,000
Wake, North Carolina 4 $ 2,450,000 $ 612,500 $ 0
Gloucester, Virginia 4 $ 670,000 $ 167,500 $ 91,000
Prince George, Virginia 4 $ 520,000 $ 130,000 $ 236,000
Surry, Virginia 4 $ 190,000 $ 47,500 $ 68,000
Baltimore City, Maryland 3 $ 1,325,000 $ 441,666 $ 0
Carroll, Maryland 3 $ 1,945,000 $ 648,333 $ 0
Harford, Maryland 3 $ 875,000 $ 291,666 $ 0
Queen Anne's, Maryland 3 $ 1,955,000 $ 651,666 $ 0
Mecklenburg, North Carolina 3 $ 1,695,000 $ 565,000 $ 0
King William, Virginia 3 $ 1,305,000 $ 435,000 $ 0
Lancaster, Virginia 3 $ 935,000 $ 311,666 $ 25,000
New Kent, Virginia 3 $ 235,000 $ 78,333 $ 77,000
Cherokee, Georgia 2 $ 1,220,000 $ 610,000 $ 0
Baltimore, Maryland 2 $ 1,890,000 $ 945,000 $ 0
Calvert, Maryland 2 $ 110,000 $ 55,000 $ 167,000
Montgomery, Maryland 2 $ 720,000 $ 360,000 $ 0
Bladen, North Carolina 2 $ 920,000 $ 460,000 $ 0
Chatham, North Carolina 2 $ 570,000 $ 285,000 $ 0
Iredell, North Carolina 2 $ 1,260,000 $ 630,000 $ 0
Union, North Carolina 2 $ 1,480,000 $ 740,000 $ 0
Beaufort, South Carolina 2 $ 8,810,000 $ 4,405,000 $ 0
Alexandria, Virginia 2 $ 1,410,000 $ 705,000 $ 0
Alleghany, Virginia 2 $ 50,000 $ 25,000 $ 18,000
James City, Virginia 2 $ 740,000 $ 370,000 $ 300,000
Madison, Virginia 2 $ 360,000 $ 180,000 $ 185,000
Mathews, Virginia 2 $ 220,000 $ 110,000 $ 119,000
Newport News, Virginia 2 $ 250,000 $ 125,000 $ 0
Portsmouth, Virginia 2 $ 270,000 $ 135,000 $ 0
Richmond, Virginia 2 $ 80,000 $ 40,000 $ 41,000
York, Virginia 2 $ 1,500,000 $ 750,000 $ 59,000
Broward, Florida 1 $ 1,275,000 $ 1,275,000 $ 0
Hillsborough, Florida 1 $ 185,000 $ 185,000 $ 0
Miami-Dade, Florida 1 $ 1,005,000 $ 1,005,000 $ 174,000
Orange, Florida 1 $ 1,455,000 $ 1,455,000 $ 0
Seminole, Florida 1 $ 565,000 $ 565,000 $ 0
Cobb, Georgia 1 $ 725,000 $ 725,000 $ 0
Fayette, Georgia 1 $ 495,000 $ 495,000 $ 0
Calcasieu, Louisiana 1 $ 15,000 $ 15,000 $ 70,000
Currituck, North Carolina 1 $ 485,000 $ 485,000 $ 0
Durham, North Carolina 1 $ 465,000 $ 465,000 $ 0
Gaston, North Carolina 1 $ 345,000 $ 345,000 $ 0
Haywood, North Carolina 1 $ 625,000 $ 625,000 $ 0
New Hanover, North Carolina 1 $ 865,000 $ 865,000 $ 0
Rowan, North Carolina 1 $ 915,000 $ 915,000 $ 0
Hamilton, Tennessee 1 $ 395,000 $ 395,000 $ 0
Albemarle, Virginia 1 $ 285,000 $ 285,000 $ 0
Caroline, Virginia 1 $ 105,000 $ 105,000 $ 135,000
Charles City, Virginia 1 $ 55,000 $ 55,000 $ 123,000
Charlottesville, Virginia 1 $ 405,000 $ 405,000 $ 0
Culpeper, Virginia 1 $ 575,000 $ 575,000 $ 0
Fauquier, Virginia 1 $ 35,000 $ 35,000 $ 151,000
Loudoun, Virginia 1 $ 375,000 $ 375,000 $ 0
Louisa, Virginia 1 $ 355,000 $ 355,000 $ 0
Montgomery, Virginia 1 $ 115,000 $ 115,000 $ 707,000
Nelson, Virginia 1 $ 205,000 $ 205,000 $ 0
Northampton, Virginia 1 $ 365,000 $ 365,000 $ 0
Orange, Virginia 1 $ 115,000 $ 115,000 $ 0
Petersburg, Virginia 1 $ 65,000 $ 65,000 $ 0
Rappahannock, Virginia 1 $ 995,000 $ 995,000 $ 0
Shenandoah, Virginia 1 $ 15,000 $ 15,000 $ 11,000
Stafford, Virginia 1 $ 155,000 $ 155,000 $ 0
Suffolk, Virginia 1 $ 315,000 $ 315,000 $ 0
Sussex, Virginia 1 $ 25,000 $ 25,000 $ 9,000
Warren, Virginia 1 $ 85,000 $ 85,000 $ 17,000
Westmoreland, Virginia 1 $ 125,000 $ 125,000 $ 73,000

Mortgage Loan Application Detail Totals for Primis Bank in 2019

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 200 $85,790,000 $428,000 $1,505,000 $270,000 $707,000
Refinancing 105 $60,635,000 $577,000 $8,605,000 $122,000 $695,000
Other Purpose 46 $4,070,000 $88,000 $315,000 $89,000 $252,000
Home Improvement 27 $2,505,000 $92,000 $255,000 $95,000 $400,000
Cash-out Refinancing 8 $4,270,000 $533,000 $955,000 $0 $0
Not Applicable 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
Not applicable 282 $144,730,000 $513,000 $8,605,000 $0 $0
White 83 $9,485,000 $114,000 $455,000 $119,000 $707,000
Not Provided 11 $1,215,000 $110,000 $245,000 $111,000 $173,000
Black or African American 7 $675,000 $96,000 $255,000 $40,000 $73,000
Hispanic 2 $1,030,000 $515,000 $1,005,000 $129,000 $174,000
Asian 1 $135,000 $135,000 $135,000 $59,000 $59,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian 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) 386 $157,270,000 $407,000 $8,605,000 $112,000 $707,000
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 194 $122,660,000 $632,000 $8,605,000 $0 $0
Loan Originated 130 $28,160,000 $216,000 $1,435,000 $149,000 $707,000
Application Denied By Financial Institution 41 $3,425,000 $83,000 $375,000 $69,000 $211,000
Application Withdrawn By Applicant 14 $2,080,000 $148,000 $455,000 $109,000 $222,000
Application Approved But Not Accepted 7 $945,000 $135,000 $255,000 $123,000 $257,000
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 386 $157,270,000 $407,000 $8,605,000 $112,000 $707,000
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 2019 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.
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