Carter Bank & Trust
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Carter Bank & Trust 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 | Carter Bank & Trust Po Box 3748 Martinsville, VA 24115 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 |
| Total Number of Mortgage Applications | 673 |
| Total Mortgage Loan Application Amount | $345,505,000 |
| Average Mortgage Loan Application Amount | $490,000 |
| Highest Mortgage Loan Application Amount | $33,505,000 |
| Average Applicant Income | $149,750 |
| Highest Applicant Income | $1,262,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Carter Bank & Trust. 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 Carter Bank & Trust's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2023 breaks down Carter Bank & Trust'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 Carter Bank & Trust serves its applicants.
Each category highlights the total number of mortgage applications processed by Carter Bank & Trust, 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 Carter Bank & Trust'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 North Carolina | 43 | $ 52,095,000 | $ 1,211,000 | $ 235,000 |
| Albemarle County Virginia | 40 | $ 15,020,000 | $ 375,000 | $ 398,000 |
| Iredell County North Carolina | 30 | $ 6,230,000 | $ 207,000 | $ 160,000 |
| Franklin County Virginia | 27 | $ 4,035,000 | $ 149,000 | $ 89,000 |
| Bedford County Virginia | 25 | $ 3,335,000 | $ 133,000 | $ 81,000 |
| Henry County Virginia | 24 | $ 1,510,000 | $ 62,000 | $ 50,000 |
| Pittsylvania County Virginia | 24 | $ 1,780,000 | $ 74,000 | $ 88,000 |
| Carroll County Virginia | 19 | $ 1,325,000 | $ 69,000 | $ 62,000 |
| Henrico County Virginia | 18 | $ 5,570,000 | $ 309,000 | $ 597,000 |
| Guilford County North Carolina | 17 | $ 2,585,000 | $ 152,000 | $ 102,000 |
| Fairfax County Virginia | 17 | $ 7,675,000 | $ 451,000 | $ 262,000 |
| Spotsylvania County Virginia | 17 | $ 35,855,000 | $ 2,109,000 | $ 89,000 |
| Wake County North Carolina | 15 | $ 27,465,000 | $ 1,831,000 | $ 373,000 |
| Surry County North Carolina | 14 | $ 1,520,000 | $ 108,000 | $ 51,000 |
| Charlottesville County Virginia | 14 | $ 5,430,000 | $ 387,000 | $ 127,000 |
| Loudoun County Virginia | 13 | $ 7,465,000 | $ 574,000 | $ 126,000 |
| Montgomery County Virginia | 13 | $ 31,155,000 | $ 2,396,000 | $ 137,000 |
| Prince William County Virginia | 13 | $ 7,455,000 | $ 573,000 | $ 81,000 |
| Danville County Virginia | 11 | $ 2,645,000 | $ 240,000 | $ 74,000 |
| Stafford County Virginia | 11 | $ 4,545,000 | $ 413,000 | $ 122,000 |
| Cabarrus County North Carolina | 8 | $ 1,140,000 | $ 142,000 | $ 115,000 |
| Person County North Carolina | 8 | $ 950,000 | $ 118,000 | $ 51,000 |
| Rockingham County North Carolina | 8 | $ 450,000 | $ 56,000 | $ 69,000 |
| Nelson County Virginia | 8 | $ 1,870,000 | $ 233,000 | $ 100,000 |
| Patrick County Virginia | 8 | $ 660,000 | $ 82,000 | $ 87,000 |
| Lee County North Carolina | 7 | $ 1,585,000 | $ 226,000 | $ 105,000 |
| Halifax County Virginia | 7 | $ 305,000 | $ 43,000 | $ 47,000 |
| Louisa County Virginia | 7 | $ 695,000 | $ 99,000 | $ 127,000 |
| Lynchburg County Virginia | 7 | $ 1,585,000 | $ 226,000 | $ 140,000 |
| Cumberland County North Carolina | 6 | $ 920,000 | $ 153,000 | $ 122,000 |
| Floyd County Virginia | 6 | $ 1,080,000 | $ 180,000 | $ 71,000 |
| Fluvanna County Virginia | 6 | $ 1,050,000 | $ 175,000 | $ 78,000 |
| Chatham County North Carolina | 5 | $ 395,000 | $ 79,000 | $ 89,000 |
| Forsyth County North Carolina | 5 | $ 795,000 | $ 159,000 | $ 106,000 |
| Randolph County North Carolina | 5 | $ 1,005,000 | $ 201,000 | $ 176,000 |
| Rowan County North Carolina | 5 | $ 6,555,000 | $ 1,311,000 | $ 160,000 |
| Mecklenburg County Virginia | 5 | $ 695,000 | $ 139,000 | $ 154,000 |
| Roanoke County Virginia | 5 | $ 875,000 | $ 175,000 | $ 117,000 |
| Alamance County North Carolina | 4 | $ 1,220,000 | $ 305,000 | $ 187,000 |
| Union County North Carolina | 4 | $ 640,000 | $ 160,000 | $ 126,000 |
| Wilson County North Carolina | 4 | $ 580,000 | $ 145,000 | $ 229,000 |
| Lancaster County South Carolina | 4 | $ 2,260,000 | $ 565,000 | $ 0 |
| Arlington County Virginia | 4 | $ 3,120,000 | $ 780,000 | $ 1,262,000 |
| Campbell County Virginia | 4 | $ 810,000 | $ 202,000 | $ 83,000 |
| Chesterfield County Virginia | 4 | $ 1,220,000 | $ 305,000 | $ 147,000 |
| Richmond City County Virginia | 4 | $ 1,350,000 | $ 337,000 | $ 129,000 |
| Roanoke City County Virginia | 4 | $ 690,000 | $ 172,000 | $ 68,000 |
| Montgomery County Maryland | 3 | $ 3,665,000 | $ 1,221,000 | $ 0 |
| Catawba County North Carolina | 3 | $ 465,000 | $ 155,000 | $ 134,000 |
| Lincoln County North Carolina | 3 | $ 495,000 | $ 165,000 | $ 207,000 |
| Vance County North Carolina | 3 | $ 925,000 | $ 308,000 | $ 56,000 |
| Horry County South Carolina | 3 | $ 895,000 | $ 298,000 | $ 0 |
| Richland County South Carolina | 3 | $ 1,195,000 | $ 398,000 | $ 0 |
| Spartanburg County South Carolina | 3 | $ 1,705,000 | $ 568,000 | $ 285,000 |
| Fauquier County Virginia | 3 | $ 435,000 | $ 145,000 | $ 0 |
| Grayson County Virginia | 3 | $ 275,000 | $ 91,000 | $ 144,000 |
| Martinsville County Virginia | 3 | $ 265,000 | $ 88,000 | $ 54,000 |
| Norfolk County Virginia | 3 | $ 7,105,000 | $ 2,368,000 | $ 183,000 |
| Pulaski County Virginia | 3 | $ 205,000 | $ 68,000 | $ 71,000 |
| Rockbridge County Virginia | 3 | $ 565,000 | $ 188,000 | $ 132,000 |
| Salem County Virginia | 3 | $ 475,000 | $ 158,000 | $ 141,000 |
| Wythe County Virginia | 3 | $ 215,000 | $ 71,000 | $ 50,000 |
| Anne Arundel County Maryland | 2 | $ 1,060,000 | $ 530,000 | $ 0 |
| Howard County Maryland | 2 | $ 360,000 | $ 180,000 | $ 163,000 |
| Prince George's County Maryland | 2 | $ 770,000 | $ 385,000 | $ 0 |
| Brunswick County North Carolina | 2 | $ 700,000 | $ 350,000 | $ 533,000 |
| Davidson County North Carolina | 2 | $ 770,000 | $ 385,000 | $ 0 |
| Durham County North Carolina | 2 | $ 1,260,000 | $ 630,000 | $ 280,000 |
| Franklin County North Carolina | 2 | $ 170,000 | $ 85,000 | $ 110,000 |
| Johnston County North Carolina | 2 | $ 650,000 | $ 325,000 | $ 163,000 |
| Aiken County South Carolina | 2 | $ 1,300,000 | $ 650,000 | $ 0 |
| Amherst County Virginia | 2 | $ 410,000 | $ 205,000 | $ 23,000 |
| Colonial Heights County Virginia | 2 | $ 380,000 | $ 190,000 | $ 147,000 |
| Fredericksburg County Virginia | 2 | $ 820,000 | $ 410,000 | $ 232,000 |
| Greene County Virginia | 2 | $ 170,000 | $ 85,000 | $ 152,000 |
| Hanover County Virginia | 2 | $ 1,150,000 | $ 575,000 | $ 138,000 |
| Orange County Virginia | 2 | $ 520,000 | $ 260,000 | $ 0 |
| Virginia Beach County Virginia | 2 | $ 870,000 | $ 435,000 | $ 132,000 |
| Palm Beach County Florida | 1 | $ 1,505,000 | $ 1,505,000 | $ 760,000 |
| Calvert County Maryland | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Frederick County Maryland | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Harford County Maryland | 1 | $ 815,000 | $ 815,000 | $ 0 |
| Alleghany County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 198,000 |
| Carteret County North Carolina | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Dare County North Carolina | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Gaston County North Carolina | 1 | $ 45,000 | $ 45,000 | $ 287,000 |
| Harnett County North Carolina | 1 | $ 45,000 | $ 45,000 | $ 60,000 |
| Moore County North Carolina | 1 | $ 325,000 | $ 325,000 | $ 0 |
| New Hanover County North Carolina | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Onslow County North Carolina | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Orange County North Carolina | 1 | $ 855,000 | $ 855,000 | $ 0 |
| Pender County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Polk County North Carolina | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Rutherford County North Carolina | 1 | $ 665,000 | $ 665,000 | $ 0 |
| Stanly County North Carolina | 1 | $ 415,000 | $ 415,000 | $ 205,000 |
| Stokes County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 101,000 |
| Yadkin County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 82,000 |
| Yancey County North Carolina | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Columbiana County Ohio | 1 | $ 5,505,000 | $ 5,505,000 | $ 0 |
| Anderson County South Carolina | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Beaufort County South Carolina | 1 | $ 495,000 | $ 495,000 | $ 0 |
| Charleston County South Carolina | 1 | $ 685,000 | $ 685,000 | $ 231,000 |
| Darlington County South Carolina | 1 | $ 1,125,000 | $ 1,125,000 | $ 0 |
| Greenville County South Carolina | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Lexington County South Carolina | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Sumter County South Carolina | 1 | $ 2,005,000 | $ 2,005,000 | $ 0 |
| Botetourt County Virginia | 1 | $ 33,505,000 | $ 33,505,000 | $ 0 |
| Buckingham County Virginia | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Caroline County Virginia | 1 | $ 45,000 | $ 45,000 | $ 23,000 |
| Culpeper County Virginia | 1 | $ 25,000 | $ 25,000 | $ 139,000 |
| Frederick County Virginia | 1 | $ 85,000 | $ 85,000 | $ 77,000 |
| Giles County Virginia | 1 | $ 55,000 | $ 55,000 | $ 36,000 |
| Goochland County Virginia | 1 | $ 635,000 | $ 635,000 | $ 0 |
| Madison County Virginia | 1 | $ 705,000 | $ 705,000 | $ 0 |
| Manassas Park County Virginia | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Newport News County Virginia | 1 | $ 215,000 | $ 215,000 | $ 355,000 |
| Warren County Virginia | 1 | $ 545,000 | $ 545,000 | $ 0 |
Mortgage Loan Application Detail Totals for Carter Bank & Trust 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 | 239 | $243,215,000 | $1,017,000 | $33,505,000 | $141,000 | $880,000 |
| Other Purpose | 201 | $26,705,000 | $132,000 | $755,000 | $158,000 | $1,170,000 |
| Home Improvement | 151 | $19,675,000 | $130,000 | $3,505,000 | $89,000 | $829,000 |
| Refinancing | 82 | $55,910,000 | $681,000 | $28,505,000 | $211,000 | $1,262,000 |
| Cash-out Refinancing | 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 | 313 | $45,835,000 | $146,000 | $1,605,000 | $136,000 | $1,262,000 |
| Not applicable | 210 | $276,070,000 | $1,314,000 | $33,505,000 | $0 | $0 |
| Not Provided | 77 | $14,625,000 | $189,000 | $755,000 | $194,000 | $687,000 |
| Black or African American | 43 | $3,875,000 | $90,000 | $615,000 | $74,000 | $192,000 |
| Hispanic | 15 | $1,495,000 | $99,000 | $205,000 | $93,000 | $139,000 |
| Asian | 13 | $3,285,000 | $252,000 | $1,205,000 | $227,000 | $597,000 |
| American Indian or Alaskan Native | 1 | $35,000 | $35,000 | $35,000 | $77,000 | $77,000 |
| 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) | 669 | $345,075,000 | $515,000 | $33,505,000 | $142,000 | $1,262,000 |
| FHA-insured (Federal Housing Administration) | 4 | $430,000 | $107,000 | $145,000 | $68,000 | $124,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 304 | $234,030,000 | $769,000 | $33,505,000 | $178,000 | $1,262,000 |
| Loan Purchased By The Institution | 163 | $80,415,000 | $493,000 | $1,955,000 | $0 | $0 |
| Application Denied By Financial Institution | 152 | $14,340,000 | $94,000 | $615,000 | $76,000 | $324,000 |
| Application Withdrawn By Applicant | 31 | $6,555,000 | $211,000 | $1,005,000 | $131,000 | $821,000 |
| Application Approved But Not Accepted | 16 | $8,130,000 | $508,000 | $5,505,000 | $175,000 | $591,000 |
| File Closed For Incompleteness | 7 | $2,035,000 | $290,000 | $715,000 | $173,000 | $223,000 |
| 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 | 521 | $331,165,000 | $635,000 | $33,505,000 | $173,000 | $1,262,000 |
| Debt-To-Income Ratio | 93 | $9,825,000 | $105,000 | $615,000 | $65,000 | $192,000 |
| Credit History | 39 | $2,365,000 | $60,000 | $225,000 | $73,000 | $211,000 |
| Collateral | 18 | $1,860,000 | $103,000 | $335,000 | $137,000 | $324,000 |
| Other | 2 | $290,000 | $145,000 | $255,000 | $65,000 | $65,000 |
| 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 Carter Bank & Trust'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 Carter Bank & Trust'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.