Benchmark Community Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Benchmark Community Bank 2023 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 | Benchmark Community Bank P O Box 569 Kenbridge, VA 23944 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 630 |
| Total Mortgage Loan Application Amount | $111,270,000 |
| Average Mortgage Loan Application Amount | $120,200 |
| Highest Mortgage Loan Application Amount | $4,445,000 |
| Average Applicant Income | $88,800 |
| Highest Applicant Income | $841,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Benchmark Community Bank. 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 Benchmark Community Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2023 breaks down Benchmark Community Bank'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 Benchmark Community Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Benchmark Community Bank, 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 Benchmark Community Bank's mortgage activity for 2023.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Mecklenburg County Virginia | 121 | $ 24,575,000 | $ 203,000 | $ 125,000 |
| Halifax County Virginia | 102 | $ 9,720,000 | $ 95,000 | $ 90,000 |
| Lunenburg County Virginia | 52 | $ 4,680,000 | $ 90,000 | $ 87,000 |
| Vance County North Carolina | 45 | $ 8,195,000 | $ 182,000 | $ 88,000 |
| Nottoway County Virginia | 39 | $ 4,005,000 | $ 102,000 | $ 95,000 |
| Brunswick County Virginia | 32 | $ 4,430,000 | $ 138,000 | $ 97,000 |
| Prince Edward County Virginia | 31 | $ 3,475,000 | $ 112,000 | $ 87,000 |
| Franklin County North Carolina | 20 | $ 4,560,000 | $ 228,000 | $ 143,000 |
| Granville County North Carolina | 20 | $ 4,220,000 | $ 211,000 | $ 97,000 |
| Warren County North Carolina | 20 | $ 4,560,000 | $ 228,000 | $ 227,000 |
| Wake County North Carolina | 19 | $ 7,445,000 | $ 391,000 | $ 213,000 |
| Durham County North Carolina | 17 | $ 6,015,000 | $ 353,000 | $ 0 |
| Cumberland County Virginia | 14 | $ 2,090,000 | $ 149,000 | $ 74,000 |
| Charlotte County Virginia | 13 | $ 1,875,000 | $ 144,000 | $ 116,000 |
| Greensville County Virginia | 13 | $ 1,225,000 | $ 94,000 | $ 94,000 |
| Halifax County North Carolina | 12 | $ 3,540,000 | $ 295,000 | $ 151,000 |
| Amelia County Virginia | 8 | $ 830,000 | $ 103,000 | $ 86,000 |
| Emporia County Virginia | 7 | $ 505,000 | $ 72,000 | $ 100,000 |
| Johnston County North Carolina | 5 | $ 865,000 | $ 173,000 | $ 149,000 |
| Buckingham County Virginia | 5 | $ 665,000 | $ 133,000 | $ 62,000 |
| Dinwiddie County Virginia | 5 | $ 445,000 | $ 89,000 | $ 120,000 |
| Carteret County North Carolina | 4 | $ 650,000 | $ 162,000 | $ 96,000 |
| Pittsylvania County Virginia | 4 | $ 410,000 | $ 102,000 | $ 104,000 |
| Harnett County North Carolina | 2 | $ 4,480,000 | $ 2,240,000 | $ 172,000 |
| Nash County North Carolina | 2 | $ 2,470,000 | $ 1,235,000 | $ 0 |
| Orange County North Carolina | 2 | $ 1,820,000 | $ 910,000 | $ 471,000 |
| Appomattox County Virginia | 2 | $ 180,000 | $ 90,000 | $ 58,000 |
| Southampton County Virginia | 2 | $ 220,000 | $ 110,000 | $ 49,000 |
| Alamance County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Brunswick County North Carolina | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Chatham County North Carolina | 1 | $ 65,000 | $ 65,000 | $ 37,000 |
| Edgecombe County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 0 |
| New Hanover County North Carolina | 1 | $ 905,000 | $ 905,000 | $ 0 |
| Northampton County North Carolina | 1 | $ 495,000 | $ 495,000 | $ 95,000 |
| Person County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Pitt County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Campbell County Virginia | 1 | $ 65,000 | $ 65,000 | $ 102,000 |
| Chesterfield County Virginia | 1 | $ 315,000 | $ 315,000 | $ 64,000 |
| Fluvanna County Virginia | 1 | $ 285,000 | $ 285,000 | $ 96,000 |
| Powhatan County Virginia | 1 | $ 155,000 | $ 155,000 | $ 233,000 |
Mortgage Loan Application Detail Totals for Benchmark Community Bank in 2023
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 | 285 | $74,055,000 | $259,000 | $4,445,000 | $133,000 | $841,000 |
| Refinancing | 166 | $24,690,000 | $148,000 | $2,435,000 | $86,000 | $592,000 |
| Other Purpose | 93 | $6,445,000 | $69,000 | $605,000 | $99,000 | $720,000 |
| Home Improvement | 85 | $6,025,000 | $70,000 | $505,000 | $91,000 | $402,000 |
| Cash-out Refinancing | 1 | $55,000 | $55,000 | $55,000 | $35,000 | $35,000 |
| 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 | 422 | $71,810,000 | $170,000 | $1,705,000 | $117,000 | $841,000 |
| Not applicable | 105 | $28,805,000 | $274,000 | $4,445,000 | $0 | $0 |
| Black or African American | 65 | $4,925,000 | $75,000 | $515,000 | $69,000 | $227,000 |
| Hispanic | 23 | $2,385,000 | $103,000 | $255,000 | $70,000 | $125,000 |
| Not Provided | 9 | $1,935,000 | $215,000 | $605,000 | $157,000 | $720,000 |
| Asian | 3 | $695,000 | $231,000 | $455,000 | $106,000 | $185,000 |
| American Indian or Alaskan Native | 1 | $85,000 | $85,000 | $85,000 | $31,000 | $31,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $105,000 | $105,000 | $105,000 | $38,000 | $38,000 |
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) | 624 | $109,840,000 | $176,000 | $4,445,000 | $110,000 | $841,000 |
| FHA-insured (Federal Housing Administration) | 4 | $830,000 | $207,000 | $315,000 | $54,000 | $104,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $145,000 | $145,000 | $145,000 | $73,000 | $73,000 |
| VA-guaranteed (Veterans Administration) | 1 | $455,000 | $455,000 | $455,000 | $145,000 | $145,000 |
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 | 512 | $94,380,000 | $184,000 | $4,445,000 | $115,000 | $841,000 |
| Application Denied By Financial Institution | 57 | $6,195,000 | $108,000 | $505,000 | $68,000 | $243,000 |
| Application Approved But Not Accepted | 43 | $6,425,000 | $149,000 | $605,000 | $121,000 | $720,000 |
| Application Withdrawn By Applicant | 18 | $4,270,000 | $237,000 | $1,705,000 | $111,000 | $471,000 |
| 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 | 573 | $105,075,000 | $183,000 | $4,445,000 | $115,000 | $841,000 |
| Credit History | 29 | $2,605,000 | $89,000 | $285,000 | $67,000 | $160,000 |
| Debt-To-Income Ratio | 20 | $2,250,000 | $112,000 | $315,000 | $64,000 | $243,000 |
| Collateral | 5 | $605,000 | $121,000 | $285,000 | $85,000 | $187,000 |
| Other | 3 | $735,000 | $245,000 | $505,000 | $76,000 | $79,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Benchmark Community Bank's 2023 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 Benchmark Community 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.
For a list of all lenders in Virginia, download the full spreadsheet
with aggregated HMDA statistics today.