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Jams-01 INC Dba Home Savings & Trust Mortgage

FAIRFAX, VA

Jams-01 INC Dba Home Savings & Trust Mortgage processed 417 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 358 loans with a 1.4% denial rate. Home Purchase was the primary loan purpose. Based in FAIRFAX, VA. The approval rate of 85.9% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Jams-01 INC Dba Home Savings & Trust Mortgage's 85.9% origination rate tells you how often an application turned into funded money; the 1.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Collateral, Insufficient cash, which together explain the majority of rejections. Most activity concentrated in Conventional loans (301 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

417
Applications
358
Originated
1.4%
Denial Rate
$486,031
Avg Loan Amount
Avg Interest Rate: 6.480% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 301 264 2 $458,422
VA 77 65 2 $616,948
FHA 36 27 2 $452,778
USDA 3 2 0 $295,000

Top loan types - Jams-01 INC Dba Home Savings & Trust Mortgage

Top loan types - Jams-01 INC Dba Home Savings & Trust Mortgage Horizontal bar chart of the top 4 items by value (applications). Top loan types - Jams-01 INC Dba Home Savings & Trust Mortgage Top 4 1. Conventional 301 2. VA 77 3. FHA 36 4. USDA 3 Top 5 loan types by application volume at Jams-01 INC Dba Home Savings & Trust Mortgage (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Jams-01 INC Dba Home Savings & Trust Mortgage (LEI: 549300ZAZI235VM8Q149) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
3
Collateral
1
Insufficient cash
1
Other
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 403 344 $490,335
Refinancing 8 8 $415,000
Cash-out Refinancing 6 6 $291,667

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 242 88.8% 1.2%
Asian * 38 68.4% 2.6%
Black or African American * 20 80.0% 5.0%
Joint * 9 88.9% 0.0%
Native Hawaiian or Other Pacific Islander * 2 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 289 86.5% 1.4%
Hispanic or Latino * 15 80.0% 0.0%
Joint * 9 77.8% 11.1%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in VA

Other HMDA-reporting lenders in VA with similar activity. Compare any two side-by-side.

Navy Federal Credit Union

Vienna, VA

182,680 apps 82,022 originated 23.9% denied

Prosperity Home Mortgage, LLC

CHANTILLY, VA

29,914 apps 20,115 originated 7.4% denied

Pentagon Federal Credit Unioin

Alexandria, VA

28,887 apps 10,514 originated 39.2% denied

Atlantic Bay Mortgage Group

VIRGINIA BEACH, VA

17,186 apps 13,415 originated 1.4% denied

First Heritage Mortgage, LLC

Fairfax, VA

7,733 apps 6,346 originated 1.6% denied
Compare Jams-01 INC Dba Home Savings & Trust Mortgage vs Navy Federal Credit Union →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Jams-01 INC Dba Home Savings & Trust Mortgage process?
Jams-01 INC Dba Home Savings & Trust Mortgage processed 417 mortgage applications in the 2024 HMDA reporting year. Of these, 358 were originated (approved and funded), 53 were withdrawn by the applicant, and 6 were denied.
What is Jams-01 INC Dba Home Savings & Trust Mortgage's mortgage approval rate?
Jams-01 INC Dba Home Savings & Trust Mortgage has an approval (origination) rate of 85.9%, meaning 85.9% of all applications resulted in a funded mortgage. The denial rate is 1.4%.
What is the average loan amount at Jams-01 INC Dba Home Savings & Trust Mortgage?
The average mortgage loan amount at Jams-01 INC Dba Home Savings & Trust Mortgage is $486,031. The average interest rate is 6.480%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at Jams-01 INC Dba Home Savings & Trust Mortgage?
The most common reasons for mortgage denial at Jams-01 INC Dba Home Savings & Trust Mortgage are: Debt-to-income ratio, Collateral, Insufficient cash. In total, 6 applications were denied out of 417 total applications.
What types of mortgage loans does Jams-01 INC Dba Home Savings & Trust Mortgage offer?
Jams-01 INC Dba Home Savings & Trust Mortgage processes Conventional, VA, FHA, USDA loans. The most common type is Conventional with 301 applications and an average loan amount of $458,422.
What loan purposes does Jams-01 INC Dba Home Savings & Trust Mortgage serve?
Jams-01 INC Dba Home Savings & Trust Mortgage serves the following loan purposes: Home Purchase (403 applications), Refinancing (8 applications), Cash-out Refinancing (6 applications). Home Purchase is the most common purpose.
Where is Jams-01 INC Dba Home Savings & Trust Mortgage located?
Jams-01 INC Dba Home Savings & Trust Mortgage is headquartered in FAIRFAX, VA. The lender is identified by LEI 549300ZAZI235VM8Q149 in HMDA data.
How does Jams-01 INC Dba Home Savings & Trust Mortgage compare in lending across racial demographics?
Jams-01 INC Dba Home Savings & Trust Mortgage reports demographic lending data under HMDA requirements. White applicants have an approval rate of 88.8% and denial rate of 1.2%; Asian applicants have an approval rate of 68.4% and denial rate of 2.6%; Black or African American applicants have an approval rate of 80.0% and denial rate of 5.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.