Primis Bank Mortgage Lending & HMDA Data, 2021

In 2021, Primis Bank of Glen Allen, VA reported 424 mortgage applications totaling $189.2 million, up 41% from 2020. The average application was for $446,250, and applicants reported an average income of $342,530. 42% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Richmond, VA (95), Virginia Beach-Norfolk-Newport News, VA-NC (86) and Washington-Arlington-Alexandria, DC-VA-MD-WV (24) (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 424
Total Mortgage Loan Application Amount $189,210,000
Average Mortgage Loan Application Amount $446,250
Highest Mortgage Loan Application Amount $6,005,000
Average Applicant Income $342,530
Highest Applicant Income $3,228,000

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Act (HMDA) records Primis Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Northumberland, Virginia 24 $ 4,500,000 $ 187,500 $ 209,000
Virginia Beach, Virginia 20 $ 9,180,000 $ 459,000 $ 3,228,000
Chesterfield, Virginia 18 $ 4,950,000 $ 275,000 $ 210,000
Dallas, Texas 16 $ 12,940,000 $ 808,750 $ 0
Hanover, Virginia 16 $ 1,700,000 $ 106,250 $ 103,000
Richmond City, Virginia 16 $ 6,090,000 $ 380,625 $ 109,000
Newport News, Virginia 14 $ 1,720,000 $ 122,857 $ 166,000
Dare, North Carolina 13 $ 11,525,000 $ 886,538 $ 0
Travis, Texas 12 $ 9,940,000 $ 828,333 $ 0
Hampton, Virginia 12 $ 1,980,000 $ 165,000 $ 0
Henrico, Virginia 12 $ 2,230,000 $ 185,833 $ 226,000
Middlesex, Virginia 12 $ 1,590,000 $ 132,500 $ 141,000
Hopewell, Virginia 11 $ 945,000 $ 85,909 $ 39,000
Sussex, Delaware 9 $ 4,155,000 $ 461,666 $ 0
Currituck, North Carolina 9 $ 8,485,000 $ 942,777 $ 0
Harris, Texas 9 $ 6,925,000 $ 769,444 $ 0
Charleston, South Carolina 8 $ 10,210,000 $ 1,276,250 $ 22,000
Essex, Virginia 7 $ 1,005,000 $ 143,571 $ 132,000
Wake, North Carolina 6 $ 3,640,000 $ 606,666 $ 0
Gloucester, Virginia 6 $ 950,000 $ 158,333 $ 64,000
James City, Virginia 6 $ 1,100,000 $ 183,333 $ 185,000
Anne Arundel, Maryland 5 $ 3,795,000 $ 759,000 $ 67,000
Baltimore City, Maryland 5 $ 2,155,000 $ 431,000 $ 0
Goochland, Virginia 5 $ 2,545,000 $ 509,000 $ 84,000
Nelson, Virginia 5 $ 1,995,000 $ 399,000 $ 189,000
Stafford, Virginia 5 $ 1,625,000 $ 325,000 $ 0
St. Johns, Florida 4 $ 3,360,000 $ 840,000 $ 0
Mecklenburg, North Carolina 4 $ 2,910,000 $ 727,500 $ 0
Tarrant, Texas 4 $ 3,610,000 $ 902,500 $ 0
Albemarle, Virginia 4 $ 2,180,000 $ 545,000 $ 198,000
Isle of Wight, Virginia 4 $ 2,090,000 $ 522,500 $ 215,000
Loudoun, Virginia 4 $ 1,760,000 $ 440,000 $ 465,000
Norfolk, Virginia 4 $ 1,520,000 $ 380,000 $ 0
Petersburg, Virginia 4 $ 260,000 $ 65,000 $ 28,000
Philadelphia, Pennsylvania 3 $ 6,785,000 $ 2,261,666 $ 0
Bexar, Texas 3 $ 2,195,000 $ 731,666 $ 0
Caroline, Virginia 3 $ 205,000 $ 68,333 $ 31,000
Fairfax, Virginia 3 $ 1,915,000 $ 638,333 $ 178,000
Lancaster, Virginia 3 $ 105,000 $ 35,000 $ 65,000
Portsmouth, Virginia 3 $ 345,000 $ 115,000 $ 0
Surry, Virginia 3 $ 255,000 $ 85,000 $ 90,000
Warren, Virginia 3 $ 345,000 $ 115,000 $ 38,000
District of Columbia, District Of Columbia 2 $ 1,240,000 $ 620,000 $ 82,000
Fulton, Georgia 2 $ 1,290,000 $ 645,000 $ 510,000
Prince George's, Maryland 2 $ 210,000 $ 105,000 $ 0
Talbot, Maryland 2 $ 2,100,000 $ 1,050,000 $ 0
Chatham, North Carolina 2 $ 2,060,000 $ 1,030,000 $ 0
New Hanover, North Carolina 2 $ 850,000 $ 425,000 $ 0
Collin, Texas 2 $ 1,540,000 $ 770,000 $ 0
Hays, Texas 2 $ 1,320,000 $ 660,000 $ 0
Williamson, Texas 2 $ 1,340,000 $ 670,000 $ 0
Chesapeake, Virginia 2 $ 610,000 $ 305,000 $ 0
Colonial Heights, Virginia 2 $ 180,000 $ 90,000 $ 113,000
Fauquier, Virginia 2 $ 1,110,000 $ 555,000 $ 445,000
Franklin, Virginia 2 $ 1,050,000 $ 525,000 $ 531,000
Frederick, Virginia 2 $ 360,000 $ 180,000 $ 327,000
King and Queen, Virginia 2 $ 110,000 $ 55,000 $ 58,000
Mathews, Virginia 2 $ 250,000 $ 125,000 $ 270,000
New Kent, Virginia 2 $ 310,000 $ 155,000 $ 199,000
Prince George, Virginia 2 $ 240,000 $ 120,000 $ 109,000
Richmond, Virginia 2 $ 300,000 $ 150,000 $ 120,000
Suffolk, Virginia 2 $ 370,000 $ 185,000 $ 0
Sussex, Virginia 2 $ 240,000 $ 120,000 $ 126,000
Westmoreland, Virginia 2 $ 320,000 $ 160,000 $ 61,000
Winchester, Virginia 2 $ 480,000 $ 240,000 $ 0
York, Virginia 2 $ 190,000 $ 95,000 $ 452,000
Brevard, Florida 1 $ 855,000 $ 855,000 $ 0
Collier, Florida 1 $ 1,995,000 $ 1,995,000 $ 0
Duval, Florida 1 $ 465,000 $ 465,000 $ 0
Lee, Florida 1 $ 795,000 $ 795,000 $ 0
Orange, Florida 1 $ 865,000 $ 865,000 $ 0
Sarasota, Florida 1 $ 1,435,000 $ 1,435,000 $ 0
Seminole, Florida 1 $ 415,000 $ 415,000 $ 0
St. Lucie, Florida 1 $ 1,685,000 $ 1,685,000 $ 0
Walton, Florida 1 $ 545,000 $ 545,000 $ 0
Cobb, Georgia 1 $ 625,000 $ 625,000 $ 0
Calvert, Maryland 1 $ 105,000 $ 105,000 $ 227,000
Charles, Maryland 1 $ 175,000 $ 175,000 $ 0
Howard, Maryland 1 $ 735,000 $ 735,000 $ 0
Brunswick, North Carolina 1 $ 765,000 $ 765,000 $ 0
Carteret, North Carolina 1 $ 345,000 $ 345,000 $ 0
Forsyth, North Carolina 1 $ 595,000 $ 595,000 $ 0
Gaston, North Carolina 1 $ 545,000 $ 545,000 $ 0
Lenoir, North Carolina 1 $ 275,000 $ 275,000 $ 0
Moore, North Carolina 1 $ 865,000 $ 865,000 $ 0
Onslow, North Carolina 1 $ 645,000 $ 645,000 $ 0
Pender, North Carolina 1 $ 295,000 $ 295,000 $ 0
Northampton, Pennsylvania 1 $ 495,000 $ 495,000 $ 0
Calhoun, South Carolina 1 $ 1,205,000 $ 1,205,000 $ 0
Cherokee, Texas 1 $ 1,375,000 $ 1,375,000 $ 0
Comal, Texas 1 $ 755,000 $ 755,000 $ 0
Denton, Texas 1 $ 715,000 $ 715,000 $ 0
Guadalupe, Texas 1 $ 625,000 $ 625,000 $ 0
Montgomery, Texas 1 $ 655,000 $ 655,000 $ 0
Titus, Texas 1 $ 595,000 $ 595,000 $ 0
Charlotte, Virginia 1 $ 125,000 $ 125,000 $ 126,000
Clarke, Virginia 1 $ 265,000 $ 265,000 $ 0
Covington, Virginia 1 $ 215,000 $ 215,000 $ 159,000
Dinwiddie, Virginia 1 $ 25,000 $ 25,000 $ 46,000
Fluvanna, Virginia 1 $ 65,000 $ 65,000 $ 40,000
Greene, Virginia 1 $ 55,000 $ 55,000 $ 170,000
King William, Virginia 1 $ 475,000 $ 475,000 $ 0
Louisa, Virginia 1 $ 225,000 $ 225,000 $ 121,000
Northampton, Virginia 1 $ 305,000 $ 305,000 $ 0
Powhatan, Virginia 1 $ 225,000 $ 225,000 $ 77,000

Mortgage Loan Application Detail Totals for Primis Bank in 2021

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 210 $118,370,000 $563,000 $6,005,000 $538,000 $2,702,000
Refinancing 141 $62,285,000 $441,000 $5,525,000 $141,000 $615,000
Other Purpose 48 $5,940,000 $123,000 $615,000 $189,000 $3,228,000
Home Improvement 25 $2,615,000 $104,000 $705,000 $132,000 $569,000
Cash-out Refinancing 0 $0 $0 $0 $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 286 $171,050,000 $598,000 $6,005,000 $0 $0
White 97 $12,395,000 $127,000 $705,000 $193,000 $3,228,000
Not Provided 26 $4,180,000 $160,000 $605,000 $175,000 $615,000
Black or African American 12 $1,190,000 $99,000 $355,000 $80,000 $335,000
Hispanic 2 $330,000 $165,000 $175,000 $206,000 $327,000
Asian 1 $65,000 $65,000 $65,000 $104,000 $104,000
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) 424 $189,210,000 $446,000 $6,005,000 $179,000 $3,228,000
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 204 $142,950,000 $700,000 $5,525,000 $0 $0
Loan Originated 180 $40,680,000 $226,000 $6,005,000 $216,000 $3,228,000
Application Denied By Financial Institution 28 $3,750,000 $133,000 $1,015,000 $76,000 $380,000
Application Withdrawn By Applicant 11 $1,755,000 $159,000 $355,000 $109,000 $223,000
Application Approved But Not Accepted 1 $75,000 $75,000 $75,000 $83,000 $83,000
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 424 $189,210,000 $446,000 $6,005,000 $179,000 $3,228,000
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 2021 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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