What Does People's Advantage Mortgage Do?

Total employees15
HeadquartersMartinsville
Founded1974

People's Advantage Mortgage is the mortgage lending division of Carter Bank & Trust (NMLS #474995). They are dedicated to helping individuals and families achieve their homeownership dreams by offering a variety of mortgage products and personalized service. Focusing on communities primarily in Virginia and North Carolina, People's Advantage Mortgage leverages the stability and resources of Carter Bank & Trust to provide competitive rates and a streamlined mortgage process. Their loan officers work closely with clients to understand their financial situations and guide them to the most suitable home financing solutions.

Where Is People's Advantage Mortgage's Headquarters?

HQ Function

Serves as the primary operational and administrative hub for Carter Bank & Trust and its divisions. For People's Advantage Mortgage, this includes strategic oversight, mortgage product management, underwriting support, compliance, and executive leadership functions.

Notable Features:

A professional banking headquarters designed to facilitate efficient operations and customer service. While specific architectural awards are not prominently publicized, it functions as a modern office building tailored for financial services.

Work Culture:

The work culture is rooted in professionalism, customer-centric service, and adherence to financial regulations. There's a strong emphasis on teamwork, community involvement, and assisting clients in achieving their financial goals, particularly in homeownership.

HQ Significance:

The headquarters is the nerve center for Carter Bank & Trust's activities, including the mortgage services provided by People's Advantage Mortgage. It plays a crucial role in the economic vitality of the region and ensures consistent service delivery across its branch network.

Values Reflected in HQ: The headquarters likely embodies Carter Bank & Trust's core values of community commitment, financial stability, integrity, customer trust, and professional service, which extend to the operations of People's Advantage Mortgage.

Location:

People's Advantage Mortgage operates primarily within the United States, with a strategic focus on serving communities in Virginia and North Carolina through its parent company, Carter Bank & Trust. Its services are tailored to the domestic US housing market. Any global functions would be limited to standard international banking transactions processed by Carter Bank & Trust, rather than direct international mortgage lending operations by People's Advantage Mortgage.

Street Address:

1300 Kings Mountain Road

City:

Martinsville

State/Province:

VA

Country:

USA

Where Else Does People's Advantage Mortgage Operate Around the World?

Wytheville, VA, USA

Address: 290 West Main Street, Wytheville, VA 24382 (Carter Bank & Trust Branch)

To serve the home financing needs of the Wytheville community and surrounding areas, offering accessible, local mortgage services and support.

Rocky Mount, VA, USA

Address: 300 Franklin Street, Rocky Mount, VA 24151 (Carter Bank & Trust Branch)

Extends mortgage services and expert advice to residents in Rocky Mount and Franklin County, facilitating local home buying and refinancing.

Greensboro, NC, USA

Address: 600 Green Valley Road, Suite 200, Greensboro, NC 27408 (Carter Bank & Trust Branch)

Serves the Greensboro metropolitan area, providing tailored mortgage solutions to support the North Carolina housing market.

Buying Intent Signals for People's Advantage Mortgage

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading People's Advantage Mortgage? Meet the Executive Team

As of April 2025, People's Advantage Mortgage' leadership includes:

Litz H. Van Dyke - Chief Executive Officer (Carter Bank & Trust)
Bradford N. Langs - President (Carter Bank & Trust)
Mark L. Speight - SVP, Director of Mortgage (Carter Bank & Trust)
Tammy L Gravely - VP, Mortgage Operations Manager (Carter Bank & Trust)
James S. Knight - EVP, Chief Banking Officer (Carter Bank & Trust)

Who's Investing in People's Advantage Mortgage?

People's Advantage Mortgage has been backed by several prominent investors over the years, including:

People's Advantage Mortgage is a division of Carter Bankshares, Inc., which is publicly traded on NASDAQ under the ticker symbol CARE. Major institutional investors include The Vanguard Group, Inc., BlackRock Institutional Trust Company, N.A., and Dimensional Fund Advisors, L.P.

What Leadership Changes Has People's Advantage Mortgage Seen Recently?

Hire1
Exits0

In the past 12 months, Carter Bank & Trust, parent company of People's Advantage Mortgage, announced a key executive appointment relevant to its banking operations. No publicly announced significant departures specific to the mortgage division's direct leadership were noted.

New Appointments:

James S. Knight, James S. Knight appointed as EVP, Chief Banking Officer, enhancing the leadership team at Carter Bank & Trust.

What Technology (Tech Stack) Is Used byPeople's Advantage Mortgage?

Discover the tools People's Advantage Mortgage uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

People's Advantage Mortgage Email Formats and Examples

As a division of Carter Bank & Trust, employees associated with People's Advantage Mortgage typically use email addresses on the parent company's domain, @carterbankandtrust.com. The most common format observed is combining the employee's first name and last name.

firstname.lastname@carterbankandtrust.com

Format

jane.doe@carterbankandtrust.com

Example

90%

Success rate

What's the Latest News About People's Advantage Mortgage?

Carter Bank & Trust Investor Relations • April 24, 2024

Carter Bankshares, Inc. Reports First Quarter 2024 Results, Notes Growth in Residential Real Estate Loans

Carter Bankshares, Inc. announced its Q1 2024 financial results, highlighting an increase in net loans, partly driven by growth in one-to-four family residential real estate loans, which are a core offering of People's Advantage Mortgage....more

Carter Bank & Trust Investor Relations • November 27, 2023

Carter Bankshares, Inc. Names James S. Knight EVP, Chief Banking Officer

Carter Bankshares, Inc. announced the appointment of James S. Knight as Executive Vice President, Chief Banking Officer for the Company and for Carter Bank & Trust. This role encompasses oversight of various banking operations, including mortgage services....more

People's Advantage Mortgage Blog • November 15, 2023

People's Advantage Mortgage Discusses Choosing the Right Mortgage Term

People's Advantage Mortgage published a blog post advising prospective and current homeowners on how to select a mortgage term that aligns with their financial goals, covering aspects like monthly payments, interest rates, and long-term financial planning....more

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