First Bancorp, Inc.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
First Bancorp, Inc. 2021 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 | 1,679 |
| Total Mortgage Loan Application Amount | $350,235,000 |
| Average Mortgage Loan Application Amount | $168,200 |
| Highest Mortgage Loan Application Amount | $2,405,000 |
| Average Applicant Income | $140,000 |
| Highest Applicant Income | $2,315,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 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 2021 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 2021.
| 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 | 289 | $ 62,625,000 | $ 216,000 | $ 115,000 |
| Sullivan County Tennessee | 151 | $ 27,995,000 | $ 185,000 | $ 106,000 |
| Bedford County Virginia | 90 | $ 23,620,000 | $ 262,000 | $ 160,000 |
| Montgomery County Virginia | 83 | $ 18,605,000 | $ 224,000 | $ 134,000 |
| Augusta County Virginia | 71 | $ 16,505,000 | $ 232,000 | $ 110,000 |
| Russell County Virginia | 70 | $ 9,130,000 | $ 130,000 | $ 71,000 |
| Washington County Tennessee | 65 | $ 14,205,000 | $ 218,000 | $ 173,000 |
| Bristol County Virginia | 63 | $ 8,625,000 | $ 136,000 | $ 85,000 |
| Wise County Virginia | 62 | $ 8,160,000 | $ 131,000 | $ 79,000 |
| Franklin County Virginia | 52 | $ 10,590,000 | $ 203,000 | $ 88,000 |
| Lynchburg County Virginia | 46 | $ 8,220,000 | $ 178,000 | $ 153,000 |
| Rockingham County Virginia | 44 | $ 8,550,000 | $ 194,000 | $ 84,000 |
| Smyth County Virginia | 37 | $ 6,405,000 | $ 173,000 | $ 84,000 |
| Wythe County Virginia | 35 | $ 6,105,000 | $ 174,000 | $ 90,000 |
| Amherst County Virginia | 32 | $ 6,140,000 | $ 191,000 | $ 102,000 |
| Campbell County Virginia | 30 | $ 8,220,000 | $ 274,000 | $ 172,000 |
| Tazewell County Virginia | 24 | $ 4,080,000 | $ 170,000 | $ 141,000 |
| Hawkins County Tennessee | 19 | $ 3,195,000 | $ 168,000 | $ 90,000 |
| Pulaski County Virginia | 16 | $ 3,560,000 | $ 222,000 | $ 110,000 |
| Floyd County Virginia | 15 | $ 3,505,000 | $ 233,000 | $ 116,000 |
| Staunton County Virginia | 14 | $ 2,490,000 | $ 177,000 | $ 72,000 |
| Roanoke City County Virginia | 13 | $ 2,405,000 | $ 185,000 | $ 70,000 |
| Hamblen County Tennessee | 12 | $ 2,050,000 | $ 170,000 | $ 75,000 |
| Scott County Virginia | 12 | $ 2,260,000 | $ 188,000 | $ 97,000 |
| Albemarle County Virginia | 11 | $ 7,345,000 | $ 667,000 | $ 168,000 |
| Norton County Virginia | 11 | $ 885,000 | $ 80,000 | $ 45,000 |
| Roanoke County Virginia | 11 | $ 2,185,000 | $ 198,000 | $ 111,000 |
| Shenandoah County Virginia | 11 | $ 2,455,000 | $ 223,000 | $ 174,000 |
| Chesterfield County Virginia | 10 | $ 2,390,000 | $ 239,000 | $ 85,000 |
| Nelson County Virginia | 10 | $ 2,190,000 | $ 219,000 | $ 156,000 |
| Radford County Virginia | 10 | $ 1,670,000 | $ 167,000 | $ 77,000 |
| Waynesboro County Virginia | 10 | $ 2,050,000 | $ 205,000 | $ 50,000 |
| Surry County North Carolina | 9 | $ 2,205,000 | $ 245,000 | $ 105,000 |
| Hanover County Virginia | 9 | $ 3,045,000 | $ 338,000 | $ 126,000 |
| Carter County Tennessee | 7 | $ 1,445,000 | $ 206,000 | $ 111,000 |
| Greene County Tennessee | 7 | $ 1,085,000 | $ 155,000 | $ 97,000 |
| Dickenson County Virginia | 7 | $ 785,000 | $ 112,000 | $ 60,000 |
| Giles County Virginia | 7 | $ 1,345,000 | $ 192,000 | $ 123,000 |
| Richmond City County Virginia | 7 | $ 2,875,000 | $ 410,000 | $ 181,000 |
| Buchanan County Virginia | 6 | $ 570,000 | $ 95,000 | $ 53,000 |
| Pittsylvania County Virginia | 6 | $ 820,000 | $ 136,000 | $ 69,000 |
| Rockbridge County Virginia | 6 | $ 1,590,000 | $ 265,000 | $ 81,000 |
| Sevier County Tennessee | 5 | $ 1,695,000 | $ 339,000 | $ 194,000 |
| Botetourt County Virginia | 5 | $ 1,225,000 | $ 245,000 | $ 144,000 |
| Carroll County Virginia | 5 | $ 1,215,000 | $ 243,000 | $ 128,000 |
| Goochland County Virginia | 5 | $ 1,245,000 | $ 249,000 | $ 72,000 |
| Halifax County Virginia | 5 | $ 695,000 | $ 139,000 | $ 203,000 |
| Harrisonburg County Virginia | 5 | $ 895,000 | $ 179,000 | $ 49,000 |
| Nash County North Carolina | 4 | $ 1,110,000 | $ 277,000 | $ 151,000 |
| Appomattox County Virginia | 4 | $ 600,000 | $ 150,000 | $ 203,000 |
| Patrick County Virginia | 4 | $ 510,000 | $ 127,000 | $ 86,000 |
| Prince George's County Maryland | 3 | $ 515,000 | $ 171,000 | $ 164,000 |
| Yadkin County North Carolina | 3 | $ 315,000 | $ 105,000 | $ 70,000 |
| Horry County South Carolina | 3 | $ 625,000 | $ 208,000 | $ 171,000 |
| Blount County Tennessee | 3 | $ 945,000 | $ 315,000 | $ 100,000 |
| Unicoi County Tennessee | 3 | $ 495,000 | $ 165,000 | $ 95,000 |
| Bland County Virginia | 3 | $ 395,000 | $ 131,000 | $ 95,000 |
| Fairfax County Virginia | 3 | $ 2,555,000 | $ 851,000 | $ 262,000 |
| Fauquier County Virginia | 3 | $ 2,225,000 | $ 741,000 | $ 341,000 |
| Henrico County Virginia | 3 | $ 975,000 | $ 325,000 | $ 216,000 |
| King and Queen County Virginia | 3 | $ 845,000 | $ 281,000 | $ 146,000 |
| King William County Virginia | 3 | $ 335,000 | $ 111,000 | $ 65,000 |
| Lee County Virginia | 3 | $ 605,000 | $ 201,000 | $ 98,000 |
| Loudoun County Virginia | 3 | $ 1,195,000 | $ 398,000 | $ 460,000 |
| Louisa County Virginia | 3 | $ 545,000 | $ 181,000 | $ 218,000 |
| New Kent County Virginia | 3 | $ 765,000 | $ 255,000 | $ 65,000 |
| Salem County Virginia | 3 | $ 555,000 | $ 185,000 | $ 67,000 |
| Iredell County North Carolina | 2 | $ 250,000 | $ 125,000 | $ 116,000 |
| New Hanover County North Carolina | 2 | $ 750,000 | $ 375,000 | $ 120,000 |
| Wilkes County North Carolina | 2 | $ 280,000 | $ 140,000 | $ 0 |
| Greenville County South Carolina | 2 | $ 580,000 | $ 290,000 | $ 125,000 |
| Anderson County Tennessee | 2 | $ 200,000 | $ 100,000 | $ 0 |
| Jefferson County Tennessee | 2 | $ 860,000 | $ 430,000 | $ 107,000 |
| Knox County Tennessee | 2 | $ 1,660,000 | $ 830,000 | $ 38,000 |
| McMinn County Tennessee | 2 | $ 850,000 | $ 425,000 | $ 159,000 |
| Caroline County Virginia | 2 | $ 420,000 | $ 210,000 | $ 76,000 |
| Charlottesville County Virginia | 2 | $ 900,000 | $ 450,000 | $ 22,000 |
| Craig County Virginia | 2 | $ 600,000 | $ 300,000 | $ 92,000 |
| Frederick County Virginia | 2 | $ 460,000 | $ 230,000 | $ 67,000 |
| Grayson County Virginia | 2 | $ 260,000 | $ 130,000 | $ 79,000 |
| Henry County Virginia | 2 | $ 370,000 | $ 185,000 | $ 78,000 |
| Isle of Wight County Virginia | 2 | $ 390,000 | $ 195,000 | $ 155,000 |
| Middlesex County Virginia | 2 | $ 530,000 | $ 265,000 | $ 301,000 |
| Warren County Virginia | 2 | $ 600,000 | $ 300,000 | $ 91,000 |
| Flagler County Florida | 1 | $ 405,000 | $ 405,000 | $ 275,000 |
| Walton County Florida | 1 | $ 245,000 | $ 245,000 | $ 177,000 |
| Fulton County Georgia | 1 | $ 555,000 | $ 555,000 | $ 131,000 |
| Union County Georgia | 1 | $ 475,000 | $ 475,000 | $ 139,000 |
| Harlan County Kentucky | 1 | $ 185,000 | $ 185,000 | $ 95,000 |
| Letcher County Kentucky | 1 | $ 125,000 | $ 125,000 | $ 49,000 |
| Calvert County Maryland | 1 | $ 335,000 | $ 335,000 | $ 80,000 |
| Alamance County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 143,000 |
| Ashe County North Carolina | 1 | $ 235,000 | $ 235,000 | $ 322,000 |
| Brunswick County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 162,000 |
| Buncombe County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 42,000 |
| Burke County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 80,000 |
| Currituck County North Carolina | 1 | $ 445,000 | $ 445,000 | $ 221,000 |
| Durham County North Carolina | 1 | $ 355,000 | $ 355,000 | $ 128,000 |
| Forsyth County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Sampson County North Carolina | 1 | $ 385,000 | $ 385,000 | $ 243,000 |
| Stokes County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 125,000 |
| Union County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 45,000 |
| Wake County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 538,000 |
| Franklin County Ohio | 1 | $ 335,000 | $ 335,000 | $ 100,000 |
| Bradley County Tennessee | 1 | $ 235,000 | $ 235,000 | $ 46,000 |
| Cocke County Tennessee | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Grainger County Tennessee | 1 | $ 245,000 | $ 245,000 | $ 145,000 |
| Hamilton County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Hancock County Tennessee | 1 | $ 455,000 | $ 455,000 | $ 360,000 |
| Roane County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 119,000 |
| Shelby County Tennessee | 1 | $ 215,000 | $ 215,000 | $ 185,000 |
| Amelia County Virginia | 1 | $ 255,000 | $ 255,000 | $ 153,000 |
| Buckingham County Virginia | 1 | $ 545,000 | $ 545,000 | $ 405,000 |
| Buena Vista County Virginia | 1 | $ 235,000 | $ 235,000 | $ 170,000 |
| Charles City County Virginia | 1 | $ 275,000 | $ 275,000 | $ 116,000 |
| Clarke County Virginia | 1 | $ 145,000 | $ 145,000 | $ 162,000 |
| Danville County Virginia | 1 | $ 205,000 | $ 205,000 | $ 72,000 |
| Fluvanna County Virginia | 1 | $ 205,000 | $ 205,000 | $ 65,000 |
| Gloucester County Virginia | 1 | $ 65,000 | $ 65,000 | $ 179,000 |
| Hampton County Virginia | 1 | $ 55,000 | $ 55,000 | $ 58,000 |
| Lexington County Virginia | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Lunenburg County Virginia | 1 | $ 35,000 | $ 35,000 | $ 18,000 |
| Madison County Virginia | 1 | $ 175,000 | $ 175,000 | $ 89,000 |
| Mecklenburg County Virginia | 1 | $ 115,000 | $ 115,000 | $ 21,000 |
| Norfolk County Virginia | 1 | $ 245,000 | $ 245,000 | $ 102,000 |
| Northumberland County Virginia | 1 | $ 255,000 | $ 255,000 | $ 56,000 |
| Page County Virginia | 1 | $ 175,000 | $ 175,000 | $ 153,000 |
| Powhatan County Virginia | 1 | $ 115,000 | $ 115,000 | $ 134,000 |
| Prince Edward County Virginia | 1 | $ 455,000 | $ 455,000 | $ 129,000 |
| Rappahannock County Virginia | 1 | $ 145,000 | $ 145,000 | $ 57,000 |
| Richmond County Virginia | 1 | $ 215,000 | $ 215,000 | $ 55,000 |
| Southampton County Virginia | 1 | $ 185,000 | $ 185,000 | $ 151,000 |
| Sussex County Virginia | 1 | $ 105,000 | $ 105,000 | $ 49,000 |
| Virginia Beach County Virginia | 1 | $ 155,000 | $ 155,000 | $ 95,000 |
| Winchester County Virginia | 1 | $ 185,000 | $ 185,000 | $ 60,000 |
| Berkeley County West Virginia | 1 | $ 385,000 | $ 385,000 | $ 100,000 |
| Greenbrier County West Virginia | 1 | $ 125,000 | $ 125,000 | $ 535,000 |
| Hampshire County West Virginia | 1 | $ 165,000 | $ 165,000 | $ 68,000 |
| Pocahontas County West Virginia | 1 | $ 305,000 | $ 305,000 | $ 470,000 |
Mortgage Loan Application Detail Totals for First Bancorp, Inc. in 2021
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 | 878 | $194,450,000 | $221,000 | $2,405,000 | $122,000 | $2,315,000 |
| Refinancing | 456 | $92,620,000 | $203,000 | $1,525,000 | $108,000 | $844,000 |
| Cash-out Refinancing | 301 | $58,105,000 | $193,000 | $545,000 | $100,000 | $538,000 |
| Other Purpose | 28 | $3,400,000 | $121,000 | $465,000 | $117,000 | $458,000 |
| Home Improvement | 16 | $1,660,000 | $103,000 | $305,000 | $253,000 | $2,228,000 |
| 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 | 1,337 | $276,905,000 | $207,000 | $2,105,000 | $111,000 | $1,209,000 |
| Not Provided | 164 | $36,230,000 | $220,000 | $2,405,000 | $113,000 | $668,000 |
| Not applicable | 134 | $26,370,000 | $196,000 | $1,525,000 | $0 | $0 |
| Black or African American | 20 | $5,100,000 | $255,000 | $755,000 | $263,000 | $2,315,000 |
| Hispanic | 17 | $4,005,000 | $235,000 | $485,000 | $119,000 | $368,000 |
| Asian | 7 | $1,625,000 | $232,000 | $525,000 | $564,000 | $2,228,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 1,672 | $348,910,000 | $208,000 | $2,405,000 | $116,000 | $2,315,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $570,000 | $142,000 | $185,000 | $43,000 | $60,000 |
| FHA-insured (Federal Housing Administration) | 2 | $400,000 | $200,000 | $285,000 | $98,000 | $130,000 |
| VA-guaranteed (Veterans Administration) | 1 | $355,000 | $355,000 | $355,000 | $128,000 | $128,000 |
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 | 1,319 | $269,495,000 | $204,000 | $2,105,000 | $116,000 | $2,315,000 |
| Application Approved But Not Accepted | 212 | $46,540,000 | $219,000 | $545,000 | $109,000 | $600,000 |
| Application Withdrawn By Applicant | 98 | $23,930,000 | $244,000 | $2,405,000 | $133,000 | $941,000 |
| Application Denied By Financial Institution | 46 | $9,530,000 | $207,000 | $1,005,000 | $78,000 | $324,000 |
| File Closed For Incompleteness | 2 | $400,000 | $200,000 | $285,000 | $118,000 | $118,000 |
| Loan Purchased By The Institution | 2 | $340,000 | $170,000 | $185,000 | $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 | 1,633 | $340,705,000 | $208,000 | $2,405,000 | $117,000 | $2,315,000 |
| Credit History | 18 | $3,310,000 | $183,000 | $465,000 | $75,000 | $167,000 |
| Debt-To-Income Ratio | 15 | $3,895,000 | $259,000 | $1,005,000 | $72,000 | $324,000 |
| Unverifiable Information | 7 | $1,325,000 | $189,000 | $295,000 | $77,000 | $144,000 |
| Collateral | 4 | $760,000 | $190,000 | $385,000 | $122,000 | $308,000 |
| Employment History | 1 | $135,000 | $135,000 | $135,000 | $63,000 | $63,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $105,000 | $105,000 | $105,000 | $44,000 | $44,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Bancorp, Inc.'s 2021 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.