First Bancorp, Inc.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
First Bancorp, Inc. 2022 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 | 1,164 |
| Total Mortgage Loan Application Amount | $255,140,000 |
| Average Mortgage Loan Application Amount | $167,400 |
| Highest Mortgage Loan Application Amount | $3,305,000 |
| Average Applicant Income | $115,400 |
| Highest Applicant Income | $3,990,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 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 2022 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 2022.
| 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 | 128 | $ 25,620,000 | $ 200,000 | $ 105,000 |
| Sullivan County Tennessee | 117 | $ 21,815,000 | $ 186,000 | $ 107,000 |
| Bedford County Virginia | 80 | $ 26,110,000 | $ 326,000 | $ 299,000 |
| Russell County Virginia | 63 | $ 10,745,000 | $ 170,000 | $ 96,000 |
| Augusta County Virginia | 46 | $ 10,660,000 | $ 231,000 | $ 118,000 |
| Franklin County Virginia | 44 | $ 11,930,000 | $ 271,000 | $ 115,000 |
| Lynchburg County Virginia | 42 | $ 6,530,000 | $ 155,000 | $ 150,000 |
| Montgomery County Virginia | 38 | $ 9,850,000 | $ 259,000 | $ 118,000 |
| Bristol County Virginia | 36 | $ 4,390,000 | $ 121,000 | $ 77,000 |
| Campbell County Virginia | 34 | $ 6,070,000 | $ 178,000 | $ 102,000 |
| Wise County Virginia | 30 | $ 4,550,000 | $ 151,000 | $ 102,000 |
| Washington County Tennessee | 28 | $ 5,750,000 | $ 205,000 | $ 105,000 |
| Wythe County Virginia | 26 | $ 4,420,000 | $ 170,000 | $ 92,000 |
| Rockingham County Virginia | 23 | $ 4,325,000 | $ 188,000 | $ 102,000 |
| Smyth County Virginia | 22 | $ 2,950,000 | $ 134,000 | $ 94,000 |
| Pulaski County Virginia | 18 | $ 2,920,000 | $ 162,000 | $ 79,000 |
| Roanoke City County Virginia | 16 | $ 2,510,000 | $ 156,000 | $ 94,000 |
| Hawkins County Tennessee | 15 | $ 2,225,000 | $ 148,000 | $ 122,000 |
| Amherst County Virginia | 15 | $ 2,695,000 | $ 179,000 | $ 108,000 |
| Floyd County Virginia | 13 | $ 2,985,000 | $ 229,000 | $ 161,000 |
| Staunton County Virginia | 13 | $ 3,515,000 | $ 270,000 | $ 251,000 |
| Tazewell County Virginia | 13 | $ 2,205,000 | $ 169,000 | $ 98,000 |
| Hamblen County Tennessee | 12 | $ 2,610,000 | $ 217,000 | $ 134,000 |
| Hanover County Virginia | 12 | $ 3,030,000 | $ 252,000 | $ 111,000 |
| Carter County Tennessee | 11 | $ 5,205,000 | $ 473,000 | $ 107,000 |
| Surry County North Carolina | 9 | $ 2,375,000 | $ 263,000 | $ 96,000 |
| Norton County Virginia | 9 | $ 825,000 | $ 91,000 | $ 84,000 |
| Roanoke County Virginia | 8 | $ 2,620,000 | $ 327,000 | $ 175,000 |
| Waynesboro County Virginia | 8 | $ 1,580,000 | $ 197,000 | $ 93,000 |
| Grayson County Virginia | 7 | $ 945,000 | $ 135,000 | $ 62,000 |
| Brunswick County North Carolina | 6 | $ 2,120,000 | $ 353,000 | $ 144,000 |
| Nash County North Carolina | 6 | $ 1,040,000 | $ 173,000 | $ 89,000 |
| Albemarle County Virginia | 6 | $ 1,940,000 | $ 323,000 | $ 190,000 |
| Chesterfield County Virginia | 6 | $ 1,550,000 | $ 258,000 | $ 142,000 |
| Nelson County Virginia | 6 | $ 2,600,000 | $ 433,000 | $ 256,000 |
| Radford County Virginia | 6 | $ 980,000 | $ 163,000 | $ 87,000 |
| Salem County Virginia | 6 | $ 1,510,000 | $ 251,000 | $ 175,000 |
| Giles County Virginia | 5 | $ 1,465,000 | $ 293,000 | $ 115,000 |
| Richmond City County Virginia | 5 | $ 1,305,000 | $ 261,000 | $ 155,000 |
| Scott County Virginia | 5 | $ 695,000 | $ 139,000 | $ 62,000 |
| Spotsylvania County Virginia | 5 | $ 1,675,000 | $ 335,000 | $ 87,000 |
| Buncombe County North Carolina | 4 | $ 1,010,000 | $ 252,000 | $ 161,000 |
| Stanly County North Carolina | 4 | $ 1,120,000 | $ 280,000 | $ 83,000 |
| Stokes County North Carolina | 4 | $ 740,000 | $ 185,000 | $ 118,000 |
| Horry County South Carolina | 4 | $ 410,000 | $ 102,000 | $ 76,000 |
| Greene County Tennessee | 4 | $ 850,000 | $ 212,000 | $ 80,000 |
| Knox County Tennessee | 4 | $ 1,090,000 | $ 272,000 | $ 229,000 |
| Roane County Tennessee | 4 | $ 340,000 | $ 85,000 | $ 35,000 |
| Harrisonburg County Virginia | 4 | $ 1,010,000 | $ 252,000 | $ 63,000 |
| Henrico County Virginia | 4 | $ 690,000 | $ 172,000 | $ 201,000 |
| Henry County Virginia | 4 | $ 1,040,000 | $ 260,000 | $ 196,000 |
| Page County Virginia | 4 | $ 990,000 | $ 247,000 | $ 94,000 |
| Shenandoah County Virginia | 4 | $ 1,050,000 | $ 262,000 | $ 145,000 |
| Avery County North Carolina | 3 | $ 835,000 | $ 278,000 | $ 0 |
| Carteret County North Carolina | 3 | $ 1,955,000 | $ 651,000 | $ 464,000 |
| Pitt County North Carolina | 3 | $ 625,000 | $ 208,000 | $ 179,000 |
| Appomattox County Virginia | 3 | $ 785,000 | $ 261,000 | $ 173,000 |
| Botetourt County Virginia | 3 | $ 945,000 | $ 315,000 | $ 231,000 |
| Caroline County Virginia | 3 | $ 1,185,000 | $ 395,000 | $ 107,000 |
| Dickenson County Virginia | 3 | $ 485,000 | $ 161,000 | $ 112,000 |
| Lee County Virginia | 3 | $ 425,000 | $ 141,000 | $ 71,000 |
| Louisa County Virginia | 3 | $ 895,000 | $ 298,000 | $ 261,000 |
| Pittsylvania County Virginia | 3 | $ 535,000 | $ 178,000 | $ 89,000 |
| Beaufort County North Carolina | 2 | $ 230,000 | $ 115,000 | $ 43,000 |
| Edgecombe County North Carolina | 2 | $ 680,000 | $ 340,000 | $ 0 |
| Moore County North Carolina | 2 | $ 430,000 | $ 215,000 | $ 126,000 |
| Watauga County North Carolina | 2 | $ 480,000 | $ 240,000 | $ 163,000 |
| Charleston County South Carolina | 2 | $ 1,170,000 | $ 585,000 | $ 77,000 |
| Jefferson County Tennessee | 2 | $ 420,000 | $ 210,000 | $ 103,000 |
| Sevier County Tennessee | 2 | $ 800,000 | $ 400,000 | $ 256,000 |
| Buckingham County Virginia | 2 | $ 610,000 | $ 305,000 | $ 238,000 |
| Carroll County Virginia | 2 | $ 140,000 | $ 70,000 | $ 49,000 |
| Galax County Virginia | 2 | $ 590,000 | $ 295,000 | $ 74,000 |
| Goochland County Virginia | 2 | $ 1,070,000 | $ 535,000 | $ 221,000 |
| King William County Virginia | 2 | $ 910,000 | $ 455,000 | $ 155,000 |
| Middlesex County Virginia | 2 | $ 600,000 | $ 300,000 | $ 95,000 |
| New Kent County Virginia | 2 | $ 620,000 | $ 310,000 | $ 90,000 |
| Rockbridge County Virginia | 2 | $ 290,000 | $ 145,000 | $ 0 |
| Southampton County Virginia | 2 | $ 330,000 | $ 165,000 | $ 54,000 |
| Warren County Virginia | 2 | $ 670,000 | $ 335,000 | $ 64,000 |
| Escambia County Florida | 1 | $ 205,000 | $ 205,000 | $ 71,000 |
| Prince George's County Maryland | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Catawba County North Carolina | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Forsyth County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Halifax County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Harnett County North Carolina | 1 | $ 235,000 | $ 235,000 | $ 57,000 |
| Henderson County North Carolina | 1 | $ 335,000 | $ 335,000 | $ 260,000 |
| Iredell County North Carolina | 1 | $ 465,000 | $ 465,000 | $ 193,000 |
| Johnston County North Carolina | 1 | $ 865,000 | $ 865,000 | $ 0 |
| Madison County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 194,000 |
| Randolph County North Carolina | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Sampson County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 70,000 |
| Wake County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 62,000 |
| Yadkin County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Cumberland County Pennsylvania | 1 | $ 645,000 | $ 645,000 | $ 361,000 |
| Lancaster County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Anderson County South Carolina | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Greenville County South Carolina | 1 | $ 85,000 | $ 85,000 | $ 0 |
| York County South Carolina | 1 | $ 175,000 | $ 175,000 | $ 152,000 |
| Anderson County Tennessee | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Grainger County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 50,000 |
| Johnson County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Polk County Tennessee | 1 | $ 275,000 | $ 275,000 | $ 95,000 |
| Sumner County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 507,000 |
| Unicoi County Tennessee | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Accomack County Virginia | 1 | $ 455,000 | $ 455,000 | $ 182,000 |
| Alleghany County Virginia | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Bath County Virginia | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Bland County Virginia | 1 | $ 35,000 | $ 35,000 | $ 54,000 |
| Charlotte County Virginia | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Charlottesville County Virginia | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Craig County Virginia | 1 | $ 405,000 | $ 405,000 | $ 306,000 |
| Culpeper County Virginia | 1 | $ 365,000 | $ 365,000 | $ 162,000 |
| Danville County Virginia | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Essex County Virginia | 1 | $ 225,000 | $ 225,000 | $ 60,000 |
| Fairfax County Virginia | 1 | $ 655,000 | $ 655,000 | $ 188,000 |
| Fauquier County Virginia | 1 | $ 345,000 | $ 345,000 | $ 374,000 |
| Fluvanna County Virginia | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Greene County Virginia | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Halifax County Virginia | 1 | $ 95,000 | $ 95,000 | $ 56,000 |
| Highland County Virginia | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Madison County Virginia | 1 | $ 975,000 | $ 975,000 | $ 0 |
| Mecklenburg County Virginia | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Norfolk County Virginia | 1 | $ 225,000 | $ 225,000 | $ 296,000 |
| Nottoway County Virginia | 1 | $ 265,000 | $ 265,000 | $ 95,000 |
| Orange County Virginia | 1 | $ 565,000 | $ 565,000 | $ 135,000 |
| Patrick County Virginia | 1 | $ 275,000 | $ 275,000 | $ 77,000 |
| Powhatan County Virginia | 1 | $ 445,000 | $ 445,000 | $ 153,000 |
| Prince George County Virginia | 1 | $ 355,000 | $ 355,000 | $ 95,000 |
| Prince William County Virginia | 1 | $ 295,000 | $ 295,000 | $ 0 |
| Winchester County Virginia | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Berkeley County West Virginia | 1 | $ 415,000 | $ 415,000 | $ 100,000 |
| Greenbrier County West Virginia | 1 | $ 125,000 | $ 125,000 | $ 0 |
| McDowell County West Virginia | 1 | $ 115,000 | $ 115,000 | $ 59,000 |
Mortgage Loan Application Detail Totals for First Bancorp, Inc. in 2022
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 | 819 | $193,885,000 | $236,000 | $3,305,000 | $140,000 | $3,990,000 |
| Refinancing | 147 | $29,535,000 | $200,000 | $685,000 | $111,000 | $795,000 |
| Cash-out Refinancing | 132 | $24,820,000 | $188,000 | $675,000 | $98,000 | $358,000 |
| Other Purpose | 37 | $3,105,000 | $83,000 | $225,000 | $61,000 | $168,000 |
| Home Improvement | 29 | $3,795,000 | $130,000 | $595,000 | $167,000 | $851,000 |
| 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 | 840 | $182,950,000 | $217,000 | $1,505,000 | $116,000 | $859,000 |
| Not applicable | 194 | $42,840,000 | $220,000 | $3,305,000 | $0 | $0 |
| Not Provided | 101 | $21,505,000 | $212,000 | $655,000 | $121,000 | $795,000 |
| Black or African American | 11 | $3,865,000 | $351,000 | $965,000 | $1,281,000 | $3,990,000 |
| Hispanic | 9 | $2,115,000 | $235,000 | $645,000 | $130,000 | $340,000 |
| Asian | 9 | $1,865,000 | $207,000 | $645,000 | $102,000 | $270,000 |
| 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) | 1,161 | $254,775,000 | $219,000 | $3,305,000 | $129,000 | $3,990,000 |
| FHA-insured (Federal Housing Administration) | 2 | $280,000 | $140,000 | $165,000 | $41,000 | $47,000 |
| VA-guaranteed (Veterans Administration) | 1 | $85,000 | $85,000 | $85,000 | $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 | 888 | $188,330,000 | $212,000 | $3,305,000 | $128,000 | $3,990,000 |
| Application Approved But Not Accepted | 108 | $26,100,000 | $241,000 | $1,455,000 | $126,000 | $851,000 |
| Application Withdrawn By Applicant | 78 | $21,440,000 | $274,000 | $1,505,000 | $185,000 | $3,990,000 |
| Application Denied By Financial Institution | 59 | $11,395,000 | $193,000 | $645,000 | $74,000 | $275,000 |
| Loan Purchased By The Institution | 28 | $7,240,000 | $258,000 | $975,000 | $33,000 | $33,000 |
| File Closed For Incompleteness | 3 | $635,000 | $211,000 | $385,000 | $115,000 | $255,000 |
| 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 | 1,105 | $243,745,000 | $220,000 | $3,305,000 | $133,000 | $3,990,000 |
| Credit History | 19 | $2,535,000 | $133,000 | $445,000 | $59,000 | $149,000 |
| Debt-To-Income Ratio | 18 | $3,290,000 | $182,000 | $345,000 | $50,000 | $157,000 |
| Collateral | 16 | $4,090,000 | $255,000 | $645,000 | $111,000 | $275,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $570,000 | $285,000 | $525,000 | $106,000 | $129,000 |
| Other | 1 | $405,000 | $405,000 | $405,000 | $178,000 | $178,000 |
| Unverifiable Information | 1 | $85,000 | $85,000 | $85,000 | $13,000 | $13,000 |
| Credit Application Incomplete | 1 | $35,000 | $35,000 | $35,000 | $41,000 | $41,000 |
| Employment History | 1 | $385,000 | $385,000 | $385,000 | $70,000 | $70,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Bancorp, Inc.'s 2022 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.