Blue Ridge Bank Mortgage Rates, Fees & Info
Martinsville, VALEI: 5493007WZXR2YE227I23
Tax ID: 54-1997265
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Mortgage Data
Review & Overview
Blue Ridge Bank is a smaller bank specializing in Home Purchase loans. Blue Ridge Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Washington, Virginia Beach, Richmond, Charlottesville, and Indianapolis among others. We have data for 168 markets. (Some data included below & more in-depth data is available with an active subscription.)Blue Ridge Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Blue Ridge Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.89% | 4/28/24 |
| 30 Year Conventional Refi | 6.79% | 4/28/24 |
| 30 Year Cash-out Refi | 7.04% | 4/28/24 |
| 30 Year FHA Purchase | 7.51% | 4/28/24 |
| 30 Year FHA Refi | 7.18% | 4/28/24 |
| 30 Year VA Purchase | 6.41% | 4/28/24 |
| 30 Year VA Refi | 6.15% | 4/28/24 |
| 30 Year USDA Purchase | 6.91% | 4/28/24 |
| 15 Year Conventional Purchase | 6.44% | 4/28/24 |
| 15 Year Conventional Refi | 6.43% | 4/28/24 |
| 15 Year Cash-out Refi | 6.43% | 4/28/24 |
| 15 Year FHA Purchase | 5.68% | 4/28/24 |
| 15 Year FHA Refi | 7.12% | 4/28/24 |
| 15 Year VA Purchase | 5.68% | 4/28/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Blue Ridge Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,851Origination Dollar Volume (All Markets)
$647,435,000Awards
Blue Ridge Bank - 2022
Blue Ridge Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 175 | $98,625,000 | $563,571 | $9,206 | 5.02% |
| Outside of Metro Areas | 245 | $72,505,000 | $295,939 | $7,012 | 4.82% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 223 | $67,475,000 | $302,578 | $7,173 | 4.60% |
| RICHMOND, VA (FHA|USDA|VA) | 63 | $35,705,000 | $566,746 | $9,281 | 4.39% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 24 | $32,240,000 | $1,343,333 | $7,784 | 4.53% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 87 | $21,295,000 | $244,770 | $4,672 | 5.04% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 55 | $19,695,000 | $358,091 | $9,478 | 5.09% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 63 | $18,665,000 | $296,270 | $6,805 | 4.99% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 33 | $14,785,000 | $448,030 | $9,095 | 5.24% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 53 | $13,225,000 | $249,528 | $7,132 | 4.94% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 23 | $12,275,000 | $533,696 | $7,946 | 4.84% |
| LYNCHBURG, VA (FHA|USDA|VA) | 15 | $11,955,000 | $797,000 | $6,186 | 4.95% |
| Martinsville, VA (FHA|USDA|VA) | 71 | $11,465,000 | $161,479 | $6,263 | 5.08% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 33 | $10,365,000 | $314,091 | $8,955 | 5.20% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 39 | $10,265,000 | $263,205 | $7,578 | 5.19% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 33 | $9,645,000 | $292,273 | $8,536 | 5.09% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 12 | $9,170,000 | $764,167 | $16,553 | 4.65% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 27 | $8,395,000 | $310,926 | $8,134 | 4.87% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 25 | $8,235,000 | $329,400 | $5,774 | 4.95% |
| STAUNTON, VA (FHA|USDA|VA) | 7 | $7,535,000 | $1,076,429 | $10,299 | 5.13% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 14 | $7,500,000 | $535,714 | $12,176 | 4.43% |
| WILMINGTON, NC (FHA|USDA|VA) | 24 | $7,220,000 | $300,833 | $8,693 | 4.94% |
| HARRISONBURG, VA (FHA|USDA|VA) | 23 | $7,055,000 | $306,739 | $7,308 | 5.05% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 17 | $6,825,000 | $401,471 | $10,286 | 3.86% |
| COLUMBIA, SC (FHA|USDA|VA) | 25 | $6,695,000 | $267,800 | $6,140 | 5.10% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 27 | $6,305,000 | $233,519 | $8,196 | 5.18% |
| ASHEVILLE, NC (FHA|USDA|VA) | 9 | $5,595,000 | $621,667 | $11,959 | 4.37% |
| ROANOKE, VA (FHA|USDA|VA) | 15 | $5,055,000 | $337,000 | $7,218 | 4.77% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 15 | $4,765,000 | $317,667 | $6,658 | 4.65% |
| BURLINGTON, NC (FHA|USDA|VA) | 12 | $4,490,000 | $374,167 | $9,505 | 5.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 6 | $3,940,000 | $656,667 | $4,715 | 4.21% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 5 | $3,305,000 | $661,000 | $11,999 | 4.50% |
| Laurinburg, NC (FHA|USDA|VA) | 13 | $2,455,000 | $188,846 | $7,643 | 5.35% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 7 | $2,385,000 | $340,714 | $6,794 | 4.48% |
| Shelby, NC (FHA|USDA|VA) | 7 | $2,285,000 | $326,429 | $8,849 | 4.66% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 11 | $2,235,000 | $203,182 | $6,141 | 3.99% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 8 | $2,220,000 | $277,500 | $8,195 | 4.50% |
| Morehead City, NC (FHA|USDA|VA) | 4 | $2,190,000 | $547,500 | $5,754 | 4.06% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 10 | $2,150,000 | $215,000 | $4,285 | 3.99% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 3 | $1,915,000 | $638,333 | $10,189 | 5.46% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 7 | $1,895,000 | $270,714 | $6,174 | 4.27% |
| SPARTANBURG, SC (FHA|USDA|VA) | 6 | $1,850,000 | $308,333 | $7,415 | 4.50% |
| ST. GEORGE, UT (FHA|USDA|VA) | 7 | $1,705,000 | $243,571 | $4,022 | 3.59% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 8 | $1,690,000 | $211,250 | $5,079 | 5.08% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 3 | $1,615,000 | $538,333 | $6,472 | 4.96% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 10 | $1,610,000 | $161,000 | $6,989 | 5.46% |
| Bluefield, WV-VA (FHA|USDA|VA) | 10 | $1,540,000 | $154,000 | $6,243 | 4.46% |
| Seneca, SC (FHA|USDA|VA) | 1 | $1,315,000 | $1,315,000 | $6,804 | 5.13% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $9,414 | 4.38% |
| GOLDSBORO, NC (FHA|USDA|VA) | 6 | $1,290,000 | $215,000 | $6,690 | 5.75% |
| Waycross, GA (FHA|USDA|VA) | 7 | $1,285,000 | $183,571 | $7,255 | 4.34% |
| Brevard, NC (FHA|USDA|VA) | 2 | $1,230,000 | $615,000 | $14,963 | 4.25% |
| Elizabeth City, NC (FHA|USDA|VA) | 6 | $1,210,000 | $201,667 | $7,210 | 4.54% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 4 | $1,140,000 | $285,000 | $11,492 | 5.13% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 5 | $1,115,000 | $223,000 | $4,274 | 4.30% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $1,090,000 | $545,000 | $3,983 | 5.25% |
| Mount Airy, NC (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $6,647 | 4.31% |
| Sanford, NC (FHA|USDA|VA) | 4 | $1,070,000 | $267,500 | $8,396 | 5.12% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 5 | $1,055,000 | $211,000 | $6,615 | 4.78% |
| FORT WAYNE, IN (FHA|USDA|VA) | 6 | $1,040,000 | $173,333 | $6,478 | 4.89% |
| Lumberton, NC (FHA|USDA|VA) | 6 | $1,020,000 | $170,000 | $4,971 | 4.58% |
| Statesboro, GA (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $7,015 | 4.15% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $7,659 | 4.67% |
| JACKSON, MS (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $9,383 | 4.19% |
| Boone, NC (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $6,857 | 3.25% |
| GREENVILLE, NC (FHA|USDA|VA) | 5 | $875,000 | $175,000 | $6,334 | 5.08% |
| LANCASTER, PA (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $5,962 | 3.75% |
| READING, PA (FHA|USDA|VA) | 5 | $855,000 | $171,000 | $6,582 | 4.83% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $6,991 | 4.33% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $845,000 | $845,000 | $21,076 | 5.38% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $6,785 | 5.37% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $16,500 | 5.25% |
| Crawfordsville, IN (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $3,526 | 6.66% |
| NEW BERN, NC (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $8,002 | 6.17% |
| Findlay, OH (FHA|USDA|VA) | 4 | $780,000 | $195,000 | $6,026 | 4.37% |
| SAVANNAH, GA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $6,698 | 4.08% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $9,482 | 4.92% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $5,805 | 5.81% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $5,421 | 5.28% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $13,559 | 4.06% |
| Washington, NC (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $5,130 | 4.31% |
| Marion, NC (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $7,623 | 4.58% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $6,529 | 3.88% |
| Lock Haven, PA (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $7,563 | 4.17% |
| Thomasville, GA (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $7,700 | 3.13% |
| Danville, VA (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $5,119 | 4.04% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $8,084 | 3.50% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $7,550 | 6.62% |
| Henderson, NC (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $5,813 | 5.19% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $5,484 | 5.50% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $9,836 | 5.19% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $7,631 | 5.25% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $3,657 | 6.38% |
| Palatka, FL (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $5,112 | 4.25% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $6,776 | 4.63% |
| WACO, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $14,265 | 6.13% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $5,606 | 3.88% |
| Moultrie, GA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $12,183 | 3.50% |
| Huntington, IN (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $4,004 | 4.46% |
| Whitewater, WI (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $4,859 | 4.31% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,739 | 4.13% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,395 | 6.25% |
| Forest City, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $7,645 | 3.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,432 | 6.63% |
| Elkins, WV (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $5,208 | 3.19% |
| Vidalia, GA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $4,837 | 4.50% |
| Ozark, AL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,603 | 3.63% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,198 | 6.13% |
| VALDOSTA, GA (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $6,615 | 4.92% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,691 | 3.63% |
| Newberry, SC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,054 | 4.88% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $8,880 | 5.63% |
| Cedar City, UT (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,166 | 3.63% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,416 | 4.50% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,836 | 3.25% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,383 | 4.63% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,152 | 4.99% |
| Tupelo, MS (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $3,378 | 4.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,299 | 7.00% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $13,867 | 5.25% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $7,078 | 4.38% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,158 | 3.38% |
| Wilson, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,319 | 5.25% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $12,466 | 6.75% |
| ENID, OK (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,190 | 3.88% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,898 | 5.25% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,792 | 3.88% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,728 | 3.88% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,653 | 3.75% |
| Rockingham, NC (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $5,637 | 4.94% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,070 | 4.63% |
| Concord, NH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,296 | 2.88% |
| Tifton, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $10,265 | 5.13% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,039 | 4.25% |
| TULSA, OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,162 | 5.25% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,848 | 5.00% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,540 | 5.50% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,105 | 5.50% |
| Storm Lake, IA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,172 | 5.25% |
| North Platte, NE (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,454 | 3.38% |
| North Wilkesboro, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,427 | 3.50% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,943 | 7.25% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,516 | 4.25% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,316 | 5.25% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,407 | 4.38% |
| Union, SC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,131 | 5.50% |
| Clarksburg, WV (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,295 | 4.75% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $11,398 | 4.75% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,676 | 3.75% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,991 | 5.12% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,692 | 5.13% |
| Oil City, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,762 | 6.50% |
| Bennettsville, SC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $9,254 | 7.00% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,536 | 3.50% |
| Douglas, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,419 | 3.25% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,295 | 4.25% |
| Fairmont, WV (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,504 | 5.00% |
| BECKLEY, WV (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,714 | 6.00% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,383 | 4.13% |
| Albemarle, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,110 | 5.50% |
| Jasper, AL (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $3,789 | 4.19% |
| Sandusky, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,029 | 4.75% |
| Kinston, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,801 | 5.25% |
| Marion, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,524 | 6.75% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,907 | 5.25% |
| Vincennes, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,061 | 6.13% |
| Columbus, MS (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,372 | 4.00% |
| Tiffin, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,751 | 4.63% |
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We use machine learning to identify the top lenders compared against Blue Ridge Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, Blue Ridge Bank's most frequently originated type of loan was Conventional, with 1,218 originations. Their 2nd most popular type was FHA, with 369 originations.
Loan Reason
For 2022, Blue Ridge Bank's most frequently cited loan purpose was Home Purchase, with 1,353 originations. The 2nd most popular reason was Cash Out Refi, with 313 originations.
Loan Duration/Length
For 2022, Blue Ridge Bank's most frequently cited loan duration was 30 Year, with 1,553 originations. The 2nd most popular length was 30+ year, with 105 originations.
Origination Fees/Closing Costs
Blue Ridge Bank's average total fees were $7,497, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 634 originations.
Interest Rates
During 2022, Blue Ridge Bank's average interest rate for loans was 4.89%, while their most frequently originated rate bucket for loans was 4-5%, with 565 originations.
Loan Sizing
2022 saw Blue Ridge Bank place emphasis on $200k-400k loans with 763 originations, totaling $215,085,000 in origination value.
Applicant Income
Blue Ridge Bank lent most frequently to those with incomes in the $50k-75k range, with 464 originations. The second most popular income band? $100k-150k, with 324 originations.
Applicant Debt to Income Ratio
Blue Ridge Bank lent most frequently to those with DTI ratios of 30-36%, with 308 originations. The next most common DTI ratio? 20-30%, with 291 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.29%
Blue Ridge Bank has an average approval rate.
Pick Rate
Approvals leading to origination75.31%
Blue Ridge Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,851 | $647,435,000 | $349,776 |