First Bancorp, Inc.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
First Bancorp, Inc. 2020 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 | 2,240 |
| Total Mortgage Loan Application Amount | $455,610,000 |
| Average Mortgage Loan Application Amount | $174,666 |
| Highest Mortgage Loan Application Amount | $2,455,000 |
| Average Applicant Income | $84,166 |
| Highest Applicant Income | $4,381,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 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 2020 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 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Washington County Virginia | 328 | $ 64,260,000 | $ 195,000 | $ 96,000 |
| Sullivan County Tennessee | 244 | $ 46,370,000 | $ 190,000 | $ 116,000 |
| Montgomery County Virginia | 167 | $ 42,875,000 | $ 256,000 | $ 133,000 |
| Russell County Virginia | 139 | $ 18,375,000 | $ 132,000 | $ 82,000 |
| Bedford County Virginia | 132 | $ 32,850,000 | $ 248,000 | $ 134,000 |
| Augusta County Virginia | 130 | $ 27,540,000 | $ 211,000 | $ 96,000 |
| Wise County Virginia | 89 | $ 11,315,000 | $ 127,000 | $ 89,000 |
| Washington County Tennessee | 86 | $ 19,970,000 | $ 232,000 | $ 131,000 |
| Bristol County Virginia | 74 | $ 9,620,000 | $ 130,000 | $ 74,000 |
| Franklin County Virginia | 71 | $ 15,765,000 | $ 222,000 | $ 107,000 |
| Lynchburg County Virginia | 67 | $ 13,915,000 | $ 207,000 | $ 146,000 |
| Rockingham County Virginia | 64 | $ 12,950,000 | $ 202,000 | $ 86,000 |
| Campbell County Virginia | 34 | $ 6,850,000 | $ 201,000 | $ 123,000 |
| Pulaski County Virginia | 34 | $ 6,740,000 | $ 198,000 | $ 124,000 |
| Wythe County Virginia | 31 | $ 5,945,000 | $ 191,000 | $ 124,000 |
| Floyd County Virginia | 28 | $ 6,030,000 | $ 215,000 | $ 109,000 |
| Smyth County Virginia | 28 | $ 5,480,000 | $ 195,000 | $ 92,000 |
| Staunton County Virginia | 28 | $ 4,200,000 | $ 150,000 | $ 116,000 |
| Amherst County Virginia | 27 | $ 4,935,000 | $ 182,000 | $ 115,000 |
| Tazewell County Virginia | 22 | $ 4,250,000 | $ 193,000 | $ 152,000 |
| Waynesboro County Virginia | 19 | $ 2,685,000 | $ 141,000 | $ 103,000 |
| Scott County Virginia | 16 | $ 3,190,000 | $ 199,000 | $ 103,000 |
| Nelson County Virginia | 15 | $ 3,635,000 | $ 242,000 | $ 171,000 |
| Carter County Tennessee | 13 | $ 1,975,000 | $ 151,000 | $ 80,000 |
| Hawkins County Tennessee | 13 | $ 2,815,000 | $ 216,000 | $ 83,000 |
| Chesterfield County Virginia | 13 | $ 3,595,000 | $ 276,000 | $ 97,000 |
| Richmond City County Virginia | 13 | $ 3,065,000 | $ 235,000 | $ 197,000 |
| Shenandoah County Virginia | 13 | $ 2,625,000 | $ 201,000 | $ 87,000 |
| Hanover County Virginia | 12 | $ 3,510,000 | $ 292,000 | $ 194,000 |
| Henrico County Virginia | 11 | $ 4,015,000 | $ 365,000 | $ 171,000 |
| Roanoke County Virginia | 11 | $ 2,615,000 | $ 237,000 | $ 129,000 |
| Albemarle County Virginia | 10 | $ 4,760,000 | $ 476,000 | $ 259,000 |
| Carroll County Virginia | 10 | $ 2,120,000 | $ 212,000 | $ 123,000 |
| Norton County Virginia | 10 | $ 1,110,000 | $ 111,000 | $ 105,000 |
| Radford County Virginia | 10 | $ 1,880,000 | $ 188,000 | $ 125,000 |
| Giles County Virginia | 9 | $ 1,285,000 | $ 142,000 | $ 76,000 |
| Buchanan County Virginia | 8 | $ 750,000 | $ 93,000 | $ 79,000 |
| Greene County Tennessee | 6 | $ 880,000 | $ 146,000 | $ 86,000 |
| Appomattox County Virginia | 6 | $ 1,770,000 | $ 295,000 | $ 89,000 |
| Harrisonburg County Virginia | 6 | $ 1,180,000 | $ 196,000 | $ 64,000 |
| Louisa County Virginia | 6 | $ 900,000 | $ 150,000 | $ 106,000 |
| Roanoke City County Virginia | 6 | $ 1,500,000 | $ 250,000 | $ 105,000 |
| Prince George's County Maryland | 5 | $ 655,000 | $ 131,000 | $ 108,000 |
| Sevier County Tennessee | 5 | $ 1,015,000 | $ 203,000 | $ 137,000 |
| New Kent County Virginia | 5 | $ 885,000 | $ 177,000 | $ 103,000 |
| Buncombe County North Carolina | 4 | $ 950,000 | $ 237,000 | $ 105,000 |
| Stokes County North Carolina | 4 | $ 540,000 | $ 135,000 | $ 113,000 |
| Surry County North Carolina | 4 | $ 850,000 | $ 212,000 | $ 156,000 |
| Johnson County Tennessee | 4 | $ 400,000 | $ 100,000 | $ 48,000 |
| Botetourt County Virginia | 4 | $ 770,000 | $ 192,000 | $ 84,000 |
| Caroline County Virginia | 4 | $ 1,210,000 | $ 302,000 | $ 123,000 |
| Charlottesville County Virginia | 4 | $ 1,270,000 | $ 317,000 | $ 171,000 |
| Frederick County Virginia | 4 | $ 840,000 | $ 210,000 | $ 89,000 |
| King and Queen County Virginia | 4 | $ 660,000 | $ 165,000 | $ 83,000 |
| Page County Virginia | 4 | $ 690,000 | $ 172,000 | $ 62,000 |
| Pittsylvania County Virginia | 4 | $ 550,000 | $ 137,000 | $ 69,000 |
| Winchester County Virginia | 4 | $ 670,000 | $ 167,000 | $ 335,000 |
| New Hanover County North Carolina | 3 | $ 2,035,000 | $ 678,000 | $ 2,167,000 |
| Yadkin County North Carolina | 3 | $ 365,000 | $ 121,000 | $ 60,000 |
| Blount County Tennessee | 3 | $ 595,000 | $ 198,000 | $ 165,000 |
| Cocke County Tennessee | 3 | $ 445,000 | $ 148,000 | $ 180,000 |
| Jefferson County Tennessee | 3 | $ 665,000 | $ 221,000 | $ 163,000 |
| Knox County Tennessee | 3 | $ 555,000 | $ 185,000 | $ 184,000 |
| Unicoi County Tennessee | 3 | $ 735,000 | $ 245,000 | $ 89,000 |
| Culpeper County Virginia | 3 | $ 1,035,000 | $ 345,000 | $ 135,000 |
| Fairfax County Virginia | 3 | $ 1,825,000 | $ 608,000 | $ 302,000 |
| Grayson County Virginia | 3 | $ 555,000 | $ 185,000 | $ 240,000 |
| King William County Virginia | 3 | $ 405,000 | $ 135,000 | $ 80,000 |
| Patrick County Virginia | 3 | $ 255,000 | $ 85,000 | $ 51,000 |
| Greenbrier County West Virginia | 3 | $ 405,000 | $ 135,000 | $ 378,000 |
| District of Columbia County District Of Columbia | 2 | $ 1,190,000 | $ 595,000 | $ 256,000 |
| Greene County Georgia | 2 | $ 580,000 | $ 290,000 | $ 1,650,000 |
| Anne Arundel County Maryland | 2 | $ 450,000 | $ 225,000 | $ 119,000 |
| Avery County North Carolina | 2 | $ 1,340,000 | $ 670,000 | $ 165,000 |
| Guilford County North Carolina | 2 | $ 270,000 | $ 135,000 | $ 127,000 |
| Wake County North Carolina | 2 | $ 610,000 | $ 305,000 | $ 133,000 |
| Wilkes County North Carolina | 2 | $ 370,000 | $ 185,000 | $ 79,000 |
| Bland County Virginia | 2 | $ 180,000 | $ 90,000 | $ 118,000 |
| Fluvanna County Virginia | 2 | $ 330,000 | $ 165,000 | $ 42,000 |
| Henry County Virginia | 2 | $ 170,000 | $ 85,000 | $ 31,000 |
| Lee County Virginia | 2 | $ 250,000 | $ 125,000 | $ 69,000 |
| Orange County Virginia | 2 | $ 690,000 | $ 345,000 | $ 64,000 |
| Powhatan County Virginia | 2 | $ 320,000 | $ 160,000 | $ 54,000 |
| Prince William County Virginia | 2 | $ 950,000 | $ 475,000 | $ 147,000 |
| Rockbridge County Virginia | 2 | $ 270,000 | $ 135,000 | $ 111,000 |
| Hardy County West Virginia | 2 | $ 700,000 | $ 350,000 | $ 377,000 |
| Lee County Florida | 1 | $ 325,000 | $ 325,000 | $ 205,000 |
| Manatee County Florida | 1 | $ 185,000 | $ 185,000 | $ 65,000 |
| Cobb County Georgia | 1 | $ 345,000 | $ 345,000 | $ 176,000 |
| Carter County Kentucky | 1 | $ 205,000 | $ 205,000 | $ 101,000 |
| Washington County Maryland | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Ashe County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 46,000 |
| Burke County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 70,000 |
| Cabarrus County North Carolina | 1 | $ 335,000 | $ 335,000 | $ 100,000 |
| Carteret County North Carolina | 1 | $ 1,425,000 | $ 1,425,000 | $ 2,668,000 |
| Craven County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 155,000 |
| Currituck County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 123,000 |
| Forsyth County North Carolina | 1 | $ 235,000 | $ 235,000 | $ 42,000 |
| Madison County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 59,000 |
| McDowell County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 342,000 |
| Northampton County North Carolina | 1 | $ 395,000 | $ 395,000 | $ 204,000 |
| Person County North Carolina | 1 | $ 805,000 | $ 805,000 | $ 0 |
| Watauga County North Carolina | 1 | $ 375,000 | $ 375,000 | $ 116,000 |
| Horry County South Carolina | 1 | $ 105,000 | $ 105,000 | $ 28,000 |
| Davidson County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 233,000 |
| Jackson County Tennessee | 1 | $ 565,000 | $ 565,000 | $ 0 |
| Monroe County Tennessee | 1 | $ 345,000 | $ 345,000 | $ 77,000 |
| Polk County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 73,000 |
| Alleghany County Virginia | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Bath County Virginia | 1 | $ 85,000 | $ 85,000 | $ 49,000 |
| Buena Vista County Virginia | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Colonial Heights County Virginia | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Craig County Virginia | 1 | $ 155,000 | $ 155,000 | $ 68,000 |
| Cumberland County Virginia | 1 | $ 145,000 | $ 145,000 | $ 47,000 |
| Dickenson County Virginia | 1 | $ 245,000 | $ 245,000 | $ 222,000 |
| Dinwiddie County Virginia | 1 | $ 155,000 | $ 155,000 | $ 27,000 |
| Essex County Virginia | 1 | $ 45,000 | $ 45,000 | $ 157,000 |
| Gloucester County Virginia | 1 | $ 185,000 | $ 185,000 | $ 59,000 |
| Greene County Virginia | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Highland County Virginia | 1 | $ 105,000 | $ 105,000 | $ 207,000 |
| Isle of Wight County Virginia | 1 | $ 205,000 | $ 205,000 | $ 96,000 |
| James City County Virginia | 1 | $ 325,000 | $ 325,000 | $ 124,000 |
| Lexington County Virginia | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Loudoun County Virginia | 1 | $ 365,000 | $ 365,000 | $ 138,000 |
| Madison County Virginia | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Martinsville County Virginia | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Mecklenburg County Virginia | 1 | $ 415,000 | $ 415,000 | $ 603,000 |
| Middlesex County Virginia | 1 | $ 245,000 | $ 245,000 | $ 94,000 |
| Norfolk County Virginia | 1 | $ 355,000 | $ 355,000 | $ 217,000 |
| Salem County Virginia | 1 | $ 85,000 | $ 85,000 | $ 34,000 |
| Southampton County Virginia | 1 | $ 345,000 | $ 345,000 | $ 130,000 |
| Suffolk County Virginia | 1 | $ 235,000 | $ 235,000 | $ 76,000 |
| Mercer County West Virginia | 1 | $ 395,000 | $ 395,000 | $ 208,000 |
Mortgage Loan Application Detail Totals for First Bancorp, Inc. in 2020
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 | 941 | $192,595,000 | $204,000 | $2,015,000 | $126,000 | $4,381,000 |
| Refinancing | 809 | $173,555,000 | $214,000 | $2,455,000 | $120,000 | $826,000 |
| Cash-out Refinancing | 424 | $83,070,000 | $195,000 | $755,000 | $100,000 | $965,000 |
| Other Purpose | 46 | $4,040,000 | $87,000 | $305,000 | $95,000 | $399,000 |
| Home Improvement | 15 | $915,000 | $61,000 | $155,000 | $64,000 | $156,000 |
| Not Applicable | 5 | $1,435,000 | $287,000 | $385,000 | $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 | 1,807 | $361,625,000 | $200,000 | $1,425,000 | $117,000 | $4,381,000 |
| Not Provided | 276 | $54,390,000 | $197,000 | $515,000 | $125,000 | $1,060,000 |
| Not applicable | 116 | $31,450,000 | $271,000 | $2,455,000 | $0 | $0 |
| Hispanic | 15 | $3,025,000 | $201,000 | $965,000 | $109,000 | $302,000 |
| Asian | 12 | $3,260,000 | $271,000 | $515,000 | $142,000 | $303,000 |
| Black or African American | 12 | $1,550,000 | $129,000 | $235,000 | $77,000 | $173,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $225,000 | $225,000 | $225,000 | $56,000 | $56,000 |
| American Indian or Alaskan Native | 1 | $85,000 | $85,000 | $85,000 | $107,000 | $107,000 |
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) | 2,237 | $455,275,000 | $203,000 | $2,455,000 | $118,000 | $4,381,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $210,000 | $105,000 | $105,000 | $53,000 | $66,000 |
| FHA-insured (Federal Housing Administration) | 1 | $125,000 | $125,000 | $125,000 | $44,000 | $44,000 |
| 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 | 1,799 | $371,025,000 | $206,000 | $2,455,000 | $120,000 | $4,381,000 |
| Application Approved But Not Accepted | 247 | $50,045,000 | $202,000 | $625,000 | $116,000 | $1,060,000 |
| Application Withdrawn By Applicant | 121 | $21,555,000 | $178,000 | $755,000 | $123,000 | $1,060,000 |
| Application Denied By Financial Institution | 66 | $11,060,000 | $167,000 | $425,000 | $69,000 | $173,000 |
| Loan Purchased By The Institution | 5 | $1,435,000 | $287,000 | $385,000 | $0 | $0 |
| File Closed For Incompleteness | 2 | $490,000 | $245,000 | $245,000 | $71,000 | $80,000 |
| 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 | 2,174 | $444,550,000 | $204,000 | $2,455,000 | $119,000 | $4,381,000 |
| Credit History | 26 | $3,330,000 | $128,000 | $305,000 | $61,000 | $161,000 |
| Debt-To-Income Ratio | 14 | $2,910,000 | $207,000 | $425,000 | $63,000 | $146,000 |
| Unverifiable Information | 13 | $2,435,000 | $187,000 | $325,000 | $91,000 | $173,000 |
| Collateral | 6 | $950,000 | $158,000 | $245,000 | $68,000 | $110,000 |
| Employment History | 4 | $930,000 | $232,000 | $365,000 | $89,000 | $144,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $205,000 | $205,000 | $205,000 | $58,000 | $58,000 |
| Credit Application Incomplete | 1 | $145,000 | $145,000 | $145,000 | $95,000 | $95,000 |
| Other | 1 | $155,000 | $155,000 | $155,000 | $34,000 | $34,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Bancorp, Inc.'s 2020 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.