Southern Trust Mortgage, LLC Mortgage Lending & HMDA Data, 2025
In 2025, Southern Trust Mortgage, LLC of Virginia Beach, VA reported 2,842 mortgage applications totaling $994.1 million, down 5% from 2024. The average application was for $349,778, and applicants reported an average income of $145,469. 74% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Virginia Beach-Norfolk-Newport News, VA-NC (1,481), Richmond, VA (374) and Fayetteville, NC (149) (applications in parentheses).
| Mortgage Company & Address | Southern Trust Mortgage, LLC 295 Bendix Road Suite 400 Virginia Beach, VA 23452 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 |
| Total Number of Mortgage Applications | 2,842 |
| Total Mortgage Loan Application Amount | $994,070,000 |
| Average Mortgage Loan Application Amount | $349,778 |
| Highest Mortgage Loan Application Amount | $3,145,000 |
| Average Applicant Income | $145,469 |
| Highest Applicant Income | $2,169,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Southern Trust Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Virginia Beach-Norfolk-Newport News, VA-NC | 1,481 | $ 498,165,000 | $ 336,370 | $ 132,978 |
| Richmond, VA | 374 | $ 127,440,000 | $ 340,748 | $ 145,000 |
| Outside any metro area | 340 | $ 125,080,000 | $ 367,882 | $ 170,211 |
| Fayetteville, NC | 149 | $ 38,805,000 | $ 260,436 | $ 103,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 141 | $ 41,205,000 | $ 292,234 | $ 172,000 |
| Baltimore-Columbia-Towson, MD | 90 | $ 41,020,000 | $ 455,777 | $ 194,000 |
| Washington, DC-MD | 53 | $ 29,995,000 | $ 565,943 | $ 218,000 |
| Raleigh, NC | 34 | $ 12,920,000 | $ 380,000 | $ 170,000 |
| Lexington Park, MD | 27 | $ 11,185,000 | $ 414,259 | $ 150,000 |
| Arlington-Alexandria-Reston, VA-WV | 16 | $ 6,890,000 | $ 430,625 | $ 158,000 |
| Wilmington, NC | 14 | $ 5,660,000 | $ 404,285 | $ 166,000 |
| Durham-Chapel Hill, NC | 13 | $ 5,935,000 | $ 456,538 | $ 195,000 |
| Charleston-North Charleston, SC | 12 | $ 8,090,000 | $ 674,166 | $ 223,000 |
| Pinehurst-Southern Pines, NC | 8 | $ 3,130,000 | $ 391,250 | $ 128,000 |
| Columbia, SC | 7 | $ 2,125,000 | $ 303,571 | $ 146,000 |
| Charlotte-Concord-Gastonia, NC-SC | 6 | $ 4,070,000 | $ 678,333 | $ 343,666 |
| Charlottesville, VA | 6 | $ 2,150,000 | $ 358,333 | $ 148,000 |
| Jacksonville, FL | 6 | $ 2,240,000 | $ 373,333 | $ 126,000 |
| Washington-Baltimore-Arlington, DC | 5 | $ 4,385,000 | $ 877,000 | $ 266,000 |
| Port St. Lucie, FL | 4 | $ 1,510,000 | $ 377,500 | $ 126,000 |
| St. Petersburg-Clearwater-Largo, FL | 4 | $ 2,420,000 | $ 605,000 | $ 299,000 |
| Asheville, NC | 3 | $ 1,355,000 | $ 451,666 | $ 180,000 |
| Goldsboro, NC | 3 | $ 785,000 | $ 261,666 | $ 84,000 |
| Roanoke, VA | 3 | $ 1,555,000 | $ 518,333 | $ 175,000 |
| Staunton-Waynesboro, VA | 3 | $ 1,025,000 | $ 341,666 | $ 70,000 |
| Atlanta-Sandy Springs-Roswell, GA | 2 | $ 640,000 | $ 320,000 | $ 121,000 |
| Cape Coral-Fort Myers, FL | 2 | $ 630,000 | $ 315,000 | $ 184,000 |
| Greenville, NC | 2 | $ 550,000 | $ 275,000 | $ 77,000 |
| Greenville-Anderson-Mauldin, SC | 2 | $ 600,000 | $ 300,000 | $ 127,000 |
| Hickory-Lenoir-Morganton, NC | 2 | $ 1,690,000 | $ 845,000 | $ 190,000 |
| Hilton Head Island-Bluffton-Beaufort, SC | 2 | $ 1,180,000 | $ 590,000 | $ 231,000 |
| Lynchburg, VA | 2 | $ 400,000 | $ 200,000 | $ 128,000 |
| Memphis, TN-MS-AR | 2 | $ 530,000 | $ 265,000 | $ 209,000 |
| New York-Jersey City-White Plains, NY-NJ | 2 | $ 700,000 | $ 350,000 | $ 125,000 |
| North Port-Sarasota-Bradenton, FL | 2 | $ 940,000 | $ 470,000 | $ 224,000 |
| Pensacola-Ferry Pass-Brent, FL | 2 | $ 740,000 | $ 370,000 | $ 144,000 |
| Rocky Mount, NC | 2 | $ 550,000 | $ 275,000 | $ 89,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 2 | $ 1,150,000 | $ 575,000 | $ 142,000 |
| Winston-Salem, NC | 2 | $ 600,000 | $ 300,000 | $ 92,000 |
| York-Hanover, PA | 2 | $ 300,000 | $ 150,000 | $ 49,000 |
| Burlington, NC | 1 | $ 305,000 | $ 305,000 | $ 70,000 |
| Florence, SC | 1 | $ 155,000 | $ 155,000 | $ 198,000 |
| Greensboro-High Point, NC | 1 | $ 505,000 | $ 505,000 | $ 148,000 |
| Hagerstown-Martinsburg, MD-WV | 1 | $ 295,000 | $ 295,000 | $ 59,000 |
| Jacksonville, NC | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Lakewood-New Brunswick, NJ | 1 | $ 305,000 | $ 305,000 | $ 72,000 |
| Philadelphia, PA | 1 | $ 175,000 | $ 175,000 | $ 155,000 |
| Salisbury, MD-DE | 1 | $ 205,000 | $ 205,000 | $ 69,000 |
| Tampa, FL | 1 | $ 665,000 | $ 665,000 | $ 580,000 |
| Wilmington, DE-MD-NJ | 1 | $ 765,000 | $ 765,000 | $ 190,000 |
Mortgage Loan Application Detail Totals for Southern Trust Mortgage, LLC in 2025
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 | 2,499 | $871,835,000 | $348,000 | $3,145,000 | $146,000 | $2,169,000 |
| Refinancing | 184 | $68,320,000 | $371,000 | $1,365,000 | $141,000 | $1,006,000 |
| Cash-out Refinancing | 128 | $45,830,000 | $358,000 | $1,475,000 | $131,000 | $445,000 |
| Other Purpose | 31 | $8,085,000 | $260,000 | $805,000 | $189,000 | $1,000,000 |
| Home Improvement | 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 |
|---|---|---|---|---|---|---|
| White | 1,580 | $588,400,000 | $372,000 | $3,145,000 | $157,000 | $2,169,000 |
| Black or African American | 475 | $140,355,000 | $295,000 | $2,005,000 | $109,000 | $734,000 |
| Not Provided | 425 | $142,145,000 | $334,000 | $1,635,000 | $149,000 | $1,481,000 |
| Hispanic | 214 | $69,230,000 | $323,000 | $1,015,000 | $123,000 | $621,000 |
| Asian | 116 | $43,550,000 | $375,000 | $1,425,000 | $163,000 | $895,000 |
| American Indian or Alaskan Native | 26 | $8,820,000 | $339,000 | $975,000 | $145,000 | $485,000 |
| Native Hawaiian or Other Pacific Islander | 6 | $1,570,000 | $261,000 | $345,000 | $280,000 | $1,188,000 |
| Not applicable | 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) | 1,604 | $540,450,000 | $336,000 | $2,375,000 | $169,000 | $2,169,000 |
| VA-guaranteed (Veterans Administration) | 720 | $294,710,000 | $409,000 | $3,145,000 | $126,000 | $1,520,000 |
| FHA-insured (Federal Housing Administration) | 514 | $157,740,000 | $306,000 | $1,135,000 | $102,000 | $463,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $1,170,000 | $292,000 | $345,000 | $95,000 | $120,000 |
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 | 2,098 | $727,220,000 | $346,000 | $3,145,000 | $146,000 | $1,520,000 |
| Application Withdrawn By Applicant | 638 | $239,480,000 | $375,000 | $2,375,000 | $154,000 | $2,169,000 |
| Application Denied By Financial Institution | 87 | $21,105,000 | $242,000 | $2,005,000 | $90,000 | $490,000 |
| Application Approved But Not Accepted | 19 | $6,265,000 | $329,000 | $825,000 | $136,000 | $450,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 2,755 | $972,965,000 | $353,000 | $3,145,000 | $148,000 | $2,169,000 |
| Debt-To-Income Ratio | 38 | $10,970,000 | $288,000 | $2,005,000 | $79,000 | $337,000 |
| Other | 19 | $4,225,000 | $222,000 | $625,000 | $93,000 | $287,000 |
| Credit History | 10 | $2,660,000 | $266,000 | $465,000 | $116,000 | $243,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $1,555,000 | $222,000 | $485,000 | $81,000 | $105,000 |
| Collateral | 7 | $925,000 | $132,000 | $255,000 | $77,000 | $218,000 |
| Employment History | 3 | $325,000 | $108,000 | $185,000 | $45,000 | $63,000 |
| Unverifiable Information | 3 | $445,000 | $148,000 | $225,000 | $229,000 | $490,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Southern Trust Mortgage, LLC's 2025 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 Trust Mortgage, 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.
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with aggregated HMDA statistics today.
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