First Bancorp, Inc.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018
First Bancorp, Inc. 2018 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 | First Bancorp, Inc. Po Box 1000 Lebanon, VA 24212 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 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 844 |
| Total Mortgage Loan Application Amount | $150,170,000 |
| Average Mortgage Loan Application Amount | $184,333 |
| Highest Mortgage Loan Application Amount | $3,535,000 |
| Average Applicant Income | $89,833 |
| Highest Applicant Income | $9,460,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2018 with First Bancorp, Inc.. 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 First Bancorp, Inc.'s lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2018 breaks down First Bancorp, Inc.'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 First Bancorp, Inc. serves its applicants.
Each category highlights the total number of mortgage applications processed by First Bancorp, Inc., 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 First Bancorp, Inc.'s mortgage activity for 2018.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Sullivan County Tennessee | 112 | $ 19,610,000 | $ 175,000 | $ 93,000 |
| Washington County Virginia | 103 | $ 17,615,000 | $ 171,000 | $ 92,000 |
| Russell County Virginia | 67 | $ 7,295,000 | $ 108,000 | $ 62,000 |
| Augusta County Virginia | 57 | $ 9,425,000 | $ 165,000 | $ 77,000 |
| Lynchburg County Virginia | 44 | $ 12,150,000 | $ 276,000 | $ 289,000 |
| Bedford County Virginia | 42 | $ 10,810,000 | $ 257,000 | $ 166,000 |
| Washington County Tennessee | 37 | $ 6,805,000 | $ 183,000 | $ 93,000 |
| Wise County Virginia | 30 | $ 2,850,000 | $ 95,000 | $ 69,000 |
| Rockingham County Virginia | 27 | $ 5,115,000 | $ 189,000 | $ 84,000 |
| Montgomery County Virginia | 26 | $ 5,990,000 | $ 230,000 | $ 579,000 |
| Bristol County Virginia | 25 | $ 2,025,000 | $ 81,000 | $ 62,000 |
| Franklin County Virginia | 20 | $ 3,030,000 | $ 151,000 | $ 61,000 |
| Wythe County Virginia | 18 | $ 2,740,000 | $ 152,000 | $ 100,000 |
| Nelson County Virginia | 13 | $ 3,005,000 | $ 231,000 | $ 163,000 |
| Smyth County Virginia | 12 | $ 1,200,000 | $ 100,000 | $ 79,000 |
| Hawkins County Tennessee | 11 | $ 1,615,000 | $ 146,000 | $ 97,000 |
| Pulaski County Virginia | 11 | $ 1,525,000 | $ 138,000 | $ 64,000 |
| Campbell County Virginia | 10 | $ 1,720,000 | $ 172,000 | $ 146,000 |
| Roanoke City County Virginia | 10 | $ 1,180,000 | $ 118,000 | $ 134,000 |
| Hanover County Virginia | 9 | $ 2,845,000 | $ 316,000 | $ 296,000 |
| Harrisonburg County Virginia | 9 | $ 1,335,000 | $ 148,000 | $ 110,000 |
| Norton County Virginia | 8 | $ 630,000 | $ 78,000 | $ 86,000 |
| Scott County Virginia | 8 | $ 1,000,000 | $ 125,000 | $ 100,000 |
| Carter County Tennessee | 6 | $ 380,000 | $ 63,000 | $ 31,000 |
| Amherst County Virginia | 6 | $ 1,150,000 | $ 191,000 | $ 76,000 |
| Frederick County Virginia | 6 | $ 1,380,000 | $ 230,000 | $ 135,000 |
| Staunton County Virginia | 6 | $ 1,000,000 | $ 166,000 | $ 108,000 |
| Greene County Tennessee | 5 | $ 295,000 | $ 59,000 | $ 62,000 |
| Floyd County Virginia | 5 | $ 755,000 | $ 151,000 | $ 133,000 |
| Roanoke County Virginia | 5 | $ 1,495,000 | $ 299,000 | $ 199,000 |
| Shenandoah County Virginia | 5 | $ 1,155,000 | $ 231,000 | $ 84,000 |
| Tazewell County Virginia | 5 | $ 265,000 | $ 53,000 | $ 139,000 |
| Waynesboro County Virginia | 5 | $ 525,000 | $ 105,000 | $ 113,000 |
| Prince George's County Maryland | 4 | $ 480,000 | $ 120,000 | $ 225,000 |
| Surry County North Carolina | 4 | $ 940,000 | $ 235,000 | $ 137,000 |
| Botetourt County Virginia | 4 | $ 1,400,000 | $ 350,000 | $ 174,000 |
| Knox County Tennessee | 3 | $ 785,000 | $ 261,000 | $ 119,000 |
| Carroll County Virginia | 3 | $ 425,000 | $ 141,000 | $ 74,000 |
| Dickenson County Virginia | 3 | $ 255,000 | $ 85,000 | $ 41,000 |
| Henry County Virginia | 3 | $ 365,000 | $ 121,000 | $ 0 |
| Carteret County North Carolina | 2 | $ 3,020,000 | $ 1,510,000 | $ 1,504,000 |
| Iredell County North Carolina | 2 | $ 530,000 | $ 265,000 | $ 159,000 |
| Madison County North Carolina | 2 | $ 370,000 | $ 185,000 | $ 160,000 |
| Stokes County North Carolina | 2 | $ 380,000 | $ 190,000 | $ 66,000 |
| Davidson County Tennessee | 2 | $ 430,000 | $ 215,000 | $ 280,000 |
| Albemarle County Virginia | 2 | $ 2,310,000 | $ 1,155,000 | $ 229,000 |
| Appomattox County Virginia | 2 | $ 530,000 | $ 265,000 | $ 114,000 |
| Bath County Virginia | 2 | $ 240,000 | $ 120,000 | $ 128,000 |
| Bland County Virginia | 2 | $ 320,000 | $ 160,000 | $ 107,000 |
| Chesterfield County Virginia | 2 | $ 330,000 | $ 165,000 | $ 56,000 |
| Radford County Virginia | 2 | $ 170,000 | $ 85,000 | $ 196,000 |
| Manatee County Florida | 1 | $ 355,000 | $ 355,000 | $ 780,000 |
| Palm Beach County Florida | 1 | $ 125,000 | $ 125,000 | $ 34,000 |
| Chatham County Georgia | 1 | $ 605,000 | $ 605,000 | $ 0 |
| Montgomery County Maryland | 1 | $ 285,000 | $ 285,000 | $ 450,000 |
| Plymouth County Massachusetts | 1 | $ 105,000 | $ 105,000 | $ 163,000 |
| Flathead County Montana | 1 | $ 155,000 | $ 155,000 | $ 409,000 |
| Beaufort County North Carolina | 1 | $ 275,000 | $ 275,000 | $ 76,000 |
| Brunswick County North Carolina | 1 | $ 455,000 | $ 455,000 | $ 161,000 |
| Davidson County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 60,000 |
| Northampton County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 89,000 |
| Wilkes County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 87,000 |
| Philadelphia County Pennsylvania | 1 | $ 525,000 | $ 525,000 | $ 980,000 |
| Horry County South Carolina | 1 | $ 35,000 | $ 35,000 | $ 73,000 |
| Spartanburg County South Carolina | 1 | $ 235,000 | $ 235,000 | $ 40,000 |
| Cocke County Tennessee | 1 | $ 135,000 | $ 135,000 | $ 57,000 |
| Grainger County Tennessee | 1 | $ 125,000 | $ 125,000 | $ 42,000 |
| Hancock County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 65,000 |
| Jefferson County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 10,000 |
| Sevier County Tennessee | 1 | $ 45,000 | $ 45,000 | $ 22,000 |
| Unicoi County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 24,000 |
| Buchanan County Virginia | 1 | $ 135,000 | $ 135,000 | $ 141,000 |
| Buckingham County Virginia | 1 | $ 285,000 | $ 285,000 | $ 140,000 |
| Giles County Virginia | 1 | $ 305,000 | $ 305,000 | $ 84,000 |
| Grayson County Virginia | 1 | $ 85,000 | $ 85,000 | $ 232,000 |
| King William County Virginia | 1 | $ 115,000 | $ 115,000 | $ 52,000 |
| Mecklenburg County Virginia | 1 | $ 195,000 | $ 195,000 | $ 181,000 |
| Middlesex County Virginia | 1 | $ 125,000 | $ 125,000 | $ 69,000 |
| Northumberland County Virginia | 1 | $ 135,000 | $ 135,000 | $ 56,000 |
| Patrick County Virginia | 1 | $ 345,000 | $ 345,000 | $ 110,000 |
| Rappahannock County Virginia | 1 | $ 235,000 | $ 235,000 | $ 159,000 |
| Rockbridge County Virginia | 1 | $ 55,000 | $ 55,000 | $ 36,000 |
| Salem County Virginia | 1 | $ 335,000 | $ 335,000 | $ 0 |
| Southampton County Virginia | 1 | $ 345,000 | $ 345,000 | $ 124,000 |
| Pendleton County West Virginia | 1 | $ 85,000 | $ 85,000 | $ 101,000 |
Mortgage Loan Application Detail Totals for First Bancorp, Inc. in 2018
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 | 591 | $100,885,000 | $170,000 | $1,775,000 | $134,000 | $9,460,000 |
| Cash-out Refinancing | 103 | $18,515,000 | $179,000 | $1,105,000 | $93,000 | $639,000 |
| Refinancing | 101 | $25,075,000 | $248,000 | $3,535,000 | $95,000 | $424,000 |
| Other Purpose | 29 | $3,665,000 | $126,000 | $1,545,000 | $157,000 | $1,937,000 |
| Home Improvement | 17 | $1,065,000 | $62,000 | $255,000 | $60,000 | $166,000 |
| Not Applicable | 3 | $965,000 | $321,000 | $535,000 | $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 | 723 | $121,635,000 | $168,000 | $3,105,000 | $122,000 | $9,460,000 |
| Not applicable | 81 | $21,115,000 | $260,000 | $3,535,000 | $0 | $0 |
| Not Provided | 19 | $3,565,000 | $187,000 | $535,000 | $118,000 | $450,000 |
| Asian | 8 | $1,770,000 | $221,000 | $525,000 | $245,000 | $980,000 |
| Black or African American | 7 | $1,425,000 | $203,000 | $415,000 | $254,000 | $700,000 |
| Hispanic | 6 | $660,000 | $110,000 | $255,000 | $122,000 | $296,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 832 | $148,180,000 | $178,000 | $3,535,000 | $125,000 | $9,460,000 |
| FHA-insured (Federal Housing Administration) | 5 | $815,000 | $163,000 | $245,000 | $47,000 | $90,000 |
| VA-guaranteed (Veterans Administration) | 4 | $780,000 | $195,000 | $325,000 | $111,000 | $277,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $395,000 | $131,000 | $185,000 | $43,000 | $57,000 |
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 | 657 | $117,805,000 | $179,000 | $3,535,000 | $116,000 | $2,907,000 |
| Application Approved But Not Accepted | 97 | $16,055,000 | $165,000 | $455,000 | $197,000 | $9,460,000 |
| Application Withdrawn By Applicant | 50 | $9,500,000 | $190,000 | $1,475,000 | $122,000 | $1,072,000 |
| Application Denied By Financial Institution | 35 | $5,315,000 | $151,000 | $425,000 | $64,000 | $160,000 |
| Loan Purchased By The Institution | 3 | $965,000 | $321,000 | $535,000 | $0 | $0 |
| File Closed For Incompleteness | 2 | $530,000 | $265,000 | $405,000 | $84,000 | $127,000 |
| 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 | 809 | $144,855,000 | $179,000 | $3,535,000 | $127,000 | $9,460,000 |
| Credit History | 14 | $1,810,000 | $129,000 | $225,000 | $55,000 | $160,000 |
| Debt-To-Income Ratio | 9 | $1,315,000 | $146,000 | $395,000 | $59,000 | $112,000 |
| Unverifiable Information | 8 | $1,320,000 | $165,000 | $425,000 | $67,000 | $155,000 |
| Collateral | 2 | $240,000 | $120,000 | $175,000 | $68,000 | $81,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $630,000 | $315,000 | $395,000 | $132,000 | $146,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Bancorp, Inc.'s 2018 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 First Bancorp, Inc.'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.