Southern Community Bank And Tr
HMDA Loan Application Totals
and Mortgage Lending Details
for 2005
Southern Community Bank And Tr 2005 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Southern Community Bank And Tr 4605 Country Club Road Winston Salem, NC 27104 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2005 2004 2003 |
| Total Number of Mortgage Applications | 792 |
| Total Mortgage Loan Application Amount | $114,053,000 |
| Average Mortgage Loan Application Amount | $172,900 |
| Highest Mortgage Loan Application Amount | $2,700,000 |
| Average Applicant Income | $91,000 |
| Highest Applicant Income | $2,947,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2005 with Southern Community Bank And Tr. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Southern Community Bank And Tr's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2005 breaks down Southern Community Bank And Tr's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Southern Community Bank And Tr serves its applicants.
Each category highlights the total number of mortgage applications processed by Southern Community Bank And Tr, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Southern Community Bank And Tr's mortgage activity for 2005.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Forsyth County North Carolina | 276 | $ 36,727,000 | $ 133,000 | $ 58,000 |
| Surry County North Carolina | 102 | $ 9,788,000 | $ 95,000 | $ 47,000 |
| Yadkin County North Carolina | 67 | $ 7,457,000 | $ 111,000 | $ 41,000 |
| Stokes County North Carolina | 46 | $ 5,087,000 | $ 110,000 | $ 49,000 |
| Guilford County North Carolina | 45 | $ 9,962,000 | $ 221,000 | $ 116,000 |
| Lexington County South Carolina | 39 | $ 5,381,000 | $ 137,000 | $ 106,000 |
| Iredell County North Carolina | 31 | $ 6,483,000 | $ 209,000 | $ 81,000 |
| Davidson County North Carolina | 28 | $ 3,407,000 | $ 121,000 | $ 90,000 |
| Rockingham County North Carolina | 22 | $ 2,185,000 | $ 99,000 | $ 53,000 |
| Davie County North Carolina | 19 | $ 3,385,000 | $ 178,000 | $ 58,000 |
| Mecklenburg County North Carolina | 18 | $ 3,540,000 | $ 196,000 | $ 114,000 |
| Horry County South Carolina | 11 | $ 3,145,000 | $ 285,000 | $ 109,000 |
| New Hanover County North Carolina | 7 | $ 2,870,000 | $ 410,000 | $ 156,000 |
| Carroll County Virginia | 7 | $ 794,000 | $ 113,000 | $ 44,000 |
| Cabarrus County North Carolina | 6 | $ 759,000 | $ 126,000 | $ 67,000 |
| Randolph County North Carolina | 6 | $ 915,000 | $ 152,000 | $ 97,000 |
| Cleveland County North Carolina | 5 | $ 528,000 | $ 105,000 | $ 138,000 |
| Wilkes County North Carolina | 5 | $ 387,000 | $ 77,000 | $ 60,000 |
| Richland County South Carolina | 5 | $ 734,000 | $ 146,000 | $ 118,000 |
| Patrick County Virginia | 5 | $ 518,000 | $ 103,000 | $ 41,000 |
| Brunswick County North Carolina | 4 | $ 1,300,000 | $ 325,000 | $ 135,000 |
| Catawba County North Carolina | 3 | $ 126,000 | $ 42,000 | $ 88,000 |
| Charleston County South Carolina | 3 | $ 856,000 | $ 285,000 | $ 283,000 |
| Buncombe County North Carolina | 2 | $ 331,000 | $ 165,000 | $ 135,000 |
| Lee County North Carolina | 2 | $ 625,000 | $ 312,000 | $ 55,000 |
| Lincoln County North Carolina | 2 | $ 292,000 | $ 146,000 | $ 78,000 |
| Rowan County North Carolina | 2 | $ 264,000 | $ 132,000 | $ 23,000 |
| Watauga County North Carolina | 2 | $ 767,000 | $ 383,000 | $ 334,000 |
| Georgetown County South Carolina | 2 | $ 492,000 | $ 246,000 | $ 141,000 |
| York County South Carolina | 2 | $ 494,000 | $ 247,000 | $ 100,000 |
| Grayson County Virginia | 2 | $ 187,000 | $ 93,000 | $ 60,000 |
| Pinellas County Florida | 1 | $ 700,000 | $ 700,000 | $ 300,000 |
| Alleghany County North Carolina | 1 | $ 268,000 | $ 268,000 | $ 60,000 |
| Ashe County North Carolina | 1 | $ 359,000 | $ 359,000 | $ 186,000 |
| Caldwell County North Carolina | 1 | $ 70,000 | $ 70,000 | $ 37,000 |
| Carteret County North Carolina | 1 | $ 423,000 | $ 423,000 | $ 134,000 |
| Chatham County North Carolina | 1 | $ 234,000 | $ 234,000 | $ 82,000 |
| Gaston County North Carolina | 1 | $ 88,000 | $ 88,000 | $ 36,000 |
| Onslow County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 15,000 |
| Vance County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 38,000 |
| Wake County North Carolina | 1 | $ 949,000 | $ 949,000 | $ 267,000 |
| Aiken County South Carolina | 1 | $ 55,000 | $ 55,000 | $ 76,000 |
| Colleton County South Carolina | 1 | $ 150,000 | $ 150,000 | $ 166,000 |
| Franklin County Virginia | 1 | $ 430,000 | $ 430,000 | $ 112,000 |
| Galax County Virginia | 1 | $ 89,000 | $ 89,000 | $ 84,000 |
| Lancaster County Virginia | 1 | $ 249,000 | $ 249,000 | $ 107,000 |
| Albany County Wyoming | 1 | $ 78,000 | $ 78,000 | $ 11,000 |
Mortgage Loan Application Detail Totals for Southern Community Bank And Tr in 2005
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 | 392 | $61,943,000 | $260,200 | $1,250,000 | $116,400 | $2,947,000 |
| Refinancing | 380 | $51,435,000 | $128,333 | $2,700,000 | $83,000 | $840,000 |
| Home Improvement | 20 | $675,000 | $21,500 | $300,000 | $39,500 | $473,000 |
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 | 647 | $93,744,000 | $240,200 | $1,250,000 | $119,600 | $2,947,000 |
| Not applicable | 60 | $10,846,000 | $439,000 | $2,700,000 | $0 | $0 |
| Black or African American | 43 | $4,434,000 | $148,500 | $420,000 | $94,000 | $218,000 |
| Hispanic | 37 | $4,355,000 | $222,000 | $562,000 | $82,333 | $384,000 |
| Asian | 3 | $514,000 | $171,000 | $300,000 | $67,000 | $90,000 |
| American Indian or Alaskan Native | 1 | $140,000 | $140,000 | $140,000 | $57,000 | $57,000 |
| Not Provided | 1 | $20,000 | $20,000 | $20,000 | $33,000 | $33,000 |
| 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) | 783 | $113,191,000 | $245,600 | $2,700,000 | $114,200 | $2,947,000 |
| FHA-insured (Federal Housing Administration) | 9 | $862,000 | $95,000 | $146,000 | $47,000 | $86,000 |
| 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 | 595 | $87,977,000 | $250,200 | $2,700,000 | $117,400 | $2,947,000 |
| Application Denied By Financial Institution | 95 | $9,541,000 | $66,333 | $775,000 | $75,000 | $291,000 |
| Application Approved But Not Accepted | 52 | $8,183,000 | $144,333 | $532,000 | $53,666 | $470,000 |
| Application Withdrawn By Applicant | 50 | $8,352,000 | $152,333 | $655,000 | $106,666 | $259,000 |
| File Closed For Incompleteness | 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 | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Southern Community Bank And Tr's 2005 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 Southern Community Bank And Tr'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.