Burke & Herbert Bk & Tr Co Mortgage Lending & HMDA Data, 2019
In 2019, Burke & Herbert Bk & Tr Co of Alexandria, VA reported 330 mortgage applications totaling $154.2 million, up 26% from 2018. The average application was for $467,303, and applicants reported an average income of $209,530. 72% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Washington-Arlington-Alexandria, DC-VA-MD-WV (291), Baltimore-Columbia-Towson, MD (6) and Camden, NJ (2) (applications in parentheses).
| Mortgage Company & Address | Burke & Herbert Bk & Tr Co 100 S. Fairfax St Alexandria, VA 22315 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 330 |
| Total Mortgage Loan Application Amount | $154,210,000 |
| Average Mortgage Loan Application Amount | $467,303 |
| Highest Mortgage Loan Application Amount | $4,775,000 |
| Average Applicant Income | $209,530 |
| Highest Applicant Income | $3,351,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Burke & Herbert Bk & Tr Co filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Fairfax, Virginia | 109 | $ 56,255,000 | $ 516,100 | $ 241,000 |
| Alexandria, Virginia | 69 | $ 33,615,000 | $ 487,173 | $ 204,000 |
| Arlington, Virginia | 28 | $ 14,720,000 | $ 525,714 | $ 188,000 |
| Prince William, Virginia | 27 | $ 12,835,000 | $ 475,370 | $ 130,000 |
| District of Columbia, District Of Columbia | 15 | $ 9,915,000 | $ 661,000 | $ 295,000 |
| Prince George's, Maryland | 10 | $ 2,630,000 | $ 263,000 | $ 62,000 |
| Manassas, Virginia | 6 | $ 2,710,000 | $ 451,666 | $ 96,000 |
| Spotsylvania, Virginia | 5 | $ 905,000 | $ 181,000 | $ 84,000 |
| Stafford, Virginia | 5 | $ 1,455,000 | $ 291,000 | $ 75,000 |
| Falls Church, Virginia | 4 | $ 640,000 | $ 160,000 | $ 187,000 |
| Loudoun, Virginia | 4 | $ 1,330,000 | $ 332,500 | $ 165,000 |
| Fairfax City, Virginia | 3 | $ 1,135,000 | $ 378,333 | $ 148,000 |
| King George, Virginia | 3 | $ 745,000 | $ 248,333 | $ 157,000 |
| Sussex, Delaware | 2 | $ 1,000,000 | $ 500,000 | $ 92,000 |
| Anne Arundel, Maryland | 2 | $ 940,000 | $ 470,000 | $ 128,000 |
| Howard, Maryland | 2 | $ 1,170,000 | $ 585,000 | $ 161,000 |
| Montgomery, Maryland | 2 | $ 1,450,000 | $ 725,000 | $ 200,000 |
| Burlington, New Jersey | 2 | $ 520,000 | $ 260,000 | $ 60,000 |
| Caroline, Virginia | 2 | $ 500,000 | $ 250,000 | $ 79,000 |
| Fredericksburg, Virginia | 2 | $ 860,000 | $ 430,000 | $ 164,000 |
| Charlotte, Florida | 1 | $ 105,000 | $ 105,000 | $ 268,000 |
| Osceola, Florida | 1 | $ 365,000 | $ 365,000 | $ 3,343,000 |
| Palm Beach, Florida | 1 | $ 205,000 | $ 205,000 | $ 155,000 |
| Baltimore, Maryland | 1 | $ 245,000 | $ 245,000 | $ 72,000 |
| Baltimore City, Maryland | 1 | $ 65,000 | $ 65,000 | $ 157,000 |
| Calvert, Maryland | 1 | $ 725,000 | $ 725,000 | $ 648,000 |
| Charles, Maryland | 1 | $ 245,000 | $ 245,000 | $ 64,000 |
| St. Mary's, Maryland | 1 | $ 1,205,000 | $ 1,205,000 | $ 590,000 |
| Talbot, Maryland | 1 | $ 635,000 | $ 635,000 | $ 533,000 |
| Carlton, Minnesota | 1 | $ 105,000 | $ 105,000 | $ 176,000 |
| Flathead, Montana | 1 | $ 225,000 | $ 225,000 | $ 105,000 |
| Rockingham, New Hampshire | 1 | $ 525,000 | $ 525,000 | $ 232,000 |
| Monroe, New York | 1 | $ 85,000 | $ 85,000 | $ 49,000 |
| Richmond, New York | 1 | $ 355,000 | $ 355,000 | $ 47,000 |
| Dare, North Carolina | 1 | $ 165,000 | $ 165,000 | $ 162,000 |
| Dauphin, Pennsylvania | 1 | $ 165,000 | $ 165,000 | $ 130,000 |
| Lancaster, Pennsylvania | 1 | $ 245,000 | $ 245,000 | $ 72,000 |
| Philadelphia, Pennsylvania | 1 | $ 485,000 | $ 485,000 | $ 164,000 |
| Beaufort, South Carolina | 1 | $ 165,000 | $ 165,000 | $ 223,000 |
| Davidson, Tennessee | 1 | $ 185,000 | $ 185,000 | $ 35,000 |
| El Paso, Texas | 1 | $ 285,000 | $ 285,000 | $ 105,000 |
| Albemarle, Virginia | 1 | $ 265,000 | $ 265,000 | $ 61,000 |
| Chesterfield, Virginia | 1 | $ 415,000 | $ 415,000 | $ 195,000 |
| Clarke, Virginia | 1 | $ 145,000 | $ 145,000 | $ 100,000 |
| Fauquier, Virginia | 1 | $ 755,000 | $ 755,000 | $ 187,000 |
| Hanover, Virginia | 1 | $ 195,000 | $ 195,000 | $ 53,000 |
| Shenandoah, Virginia | 1 | $ 155,000 | $ 155,000 | $ 55,000 |
| Morgan, West Virginia | 1 | $ 165,000 | $ 165,000 | $ 215,000 |
Mortgage Loan Application Detail Totals for Burke & Herbert Bk & Tr Co in 2019
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 |
|---|---|---|---|---|---|---|
| Cash-out Refinancing | 135 | $66,675,000 | $493,000 | $4,775,000 | $200,000 | $3,351,000 |
| Home Purchase | 104 | $48,150,000 | $462,000 | $2,205,000 | $213,000 | $2,107,000 |
| Refinancing | 74 | $32,670,000 | $441,000 | $1,995,000 | $224,000 | $3,343,000 |
| Home Improvement | 17 | $6,715,000 | $395,000 | $1,205,000 | $201,000 | $590,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 233 | $115,315,000 | $494,000 | $4,775,000 | $223,000 | $3,351,000 |
| Not Provided | 35 | $12,315,000 | $351,000 | $1,685,000 | $180,000 | $600,000 |
| Not applicable | 17 | $11,185,000 | $657,000 | $3,905,000 | $188,000 | $188,000 |
| Hispanic | 13 | $3,355,000 | $258,000 | $575,000 | $102,000 | $244,000 |
| Black or African American | 11 | $3,495,000 | $317,000 | $565,000 | $90,000 | $239,000 |
| Asian | 10 | $4,030,000 | $403,000 | $795,000 | $302,000 | $1,170,000 |
| American Indian or Alaskan Native | 1 | $165,000 | $165,000 | $165,000 | $162,000 | $162,000 |
| 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) | 327 | $152,865,000 | $467,000 | $4,775,000 | $210,000 | $3,351,000 |
| VA-guaranteed (Veterans Administration) | 2 | $1,050,000 | $525,000 | $615,000 | $133,000 | $192,000 |
| FHA-insured (Federal Housing Administration) | 1 | $295,000 | $295,000 | $295,000 | $82,000 | $82,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 237 | $116,555,000 | $491,000 | $4,775,000 | $226,000 | $3,351,000 |
| Application Withdrawn By Applicant | 35 | $14,035,000 | $401,000 | $1,405,000 | $165,000 | $489,000 |
| Application Denied By Financial Institution | 27 | $10,015,000 | $370,000 | $905,000 | $175,000 | $1,170,000 |
| Loan Purchased By The Institution | 17 | $6,555,000 | $385,000 | $685,000 | $134,000 | $290,000 |
| File Closed For Incompleteness | 12 | $4,160,000 | $346,000 | $605,000 | $137,000 | $600,000 |
| Application Approved But Not Accepted | 2 | $2,890,000 | $1,445,000 | $1,955,000 | $665,000 | $960,000 |
| 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 | 303 | $144,195,000 | $475,000 | $4,775,000 | $212,000 | $3,351,000 |
| Debt-To-Income Ratio | 15 | $6,695,000 | $446,000 | $905,000 | $196,000 | $1,170,000 |
| Credit History | 5 | $1,255,000 | $251,000 | $485,000 | $72,000 | $132,000 |
| Other | 3 | $985,000 | $328,000 | $505,000 | $268,000 | $577,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $715,000 | $238,000 | $395,000 | $153,000 | $185,000 |
| Collateral | 1 | $365,000 | $365,000 | $365,000 | $180,000 | $180,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Burke & Herbert Bk & Tr Co's 2019 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 Burke & Herbert Bk & Tr Co'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About