PlainLender

Blue Ridge Bank

Luray, VA

Blue Ridge Bank processed 1,182 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 819 loans with a 9.6% denial rate. Home Purchase was the primary loan purpose. Based in Luray, VA. The approval rate of 69.3% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Blue Ridge Bank processed 1,182 HMDA-reported mortgage applications in 2024, originating 819 loans and denying 113 for a denial rate of 9.6% (applicants themselves withdrew 204 files before a decision). The average loan amount was $261,117 at a 6.681% average note rate, and applicants self-reported an average income of $39,000. The lender reports under LEI 5493007WZXR2YE227I23 from Luray, VA.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Blue Ridge Bank's 69.3% origination rate tells you how often an application turned into funded money; the 9.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (621 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,182
Applications
819
Originated
9.6%
Denial Rate
$261,117
Avg Loan Amount
Avg Interest Rate: 6.681% Avg Applicant Income: $39,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 621 439 44 $288,994
FHA 390 260 55 $208,154
VA 104 74 7 $343,846
USDA 67 46 7 $182,612

Top loan types — Blue Ridge Bank

Top loan types — Blue Ridge Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — Blue Ridge Bank Top 4 1. Conventional 621 2. FHA 390 3. VA 104 4. USDA 67 Top 5 loan types by application volume at Blue Ridge Bank (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Blue Ridge Bank (LEI: 5493007WZXR2YE227I23) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
43
Credit history
21
Collateral
20
Other
19
Employment history
15
Unverifiable information
13
Insufficient cash
12
Credit application incomplete
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,006 719 $269,105
Cash-out Refinancing 115 59 $196,043
Refinancing 60 40 $252,667
Home Improvement 1 1 $215,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 761 71.3% 8.9%
Black or African American 234 64.1% 10.7%
Asian 79 67.1% 11.4%
Joint 24 87.5% 0.0%
American Indian or Alaska Native 11 72.7% 9.1%
Native Hawaiian or Other Pacific Islander 4 50.0% 50.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,026 70.0% 9.4%
Hispanic or Latino 67 68.7% 10.4%
Joint 14 78.6% 7.1%

Nearby Lenders in VA

Other HMDA-reporting lenders in VA with similar activity. Compare any two side-by-side.

Navy Federal Credit Union

Vienna, VA

182,680 apps 82,022 originated 23.9% denied

PROSPERITY HOME MORTGAGE, LLC

CHANTILLY, VA

29,914 apps 20,115 originated 7.4% denied

Pentagon Federal Credit Unioin

Alexandria, VA

28,887 apps 10,514 originated 39.2% denied

ATLANTIC BAY MORTGAGE GROUP

VIRGINIA BEACH, VA

17,186 apps 13,415 originated 1.4% denied

First Heritage Mortgage, LLC

Fairfax, VA

7,733 apps 6,346 originated 1.6% denied
Compare Blue Ridge Bank vs Navy Federal Credit Union →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did Blue Ridge Bank process?
Blue Ridge Bank processed 1,182 mortgage applications in the 2023 HMDA reporting year. Of these, 819 were originated (approved and funded), 204 were withdrawn by the applicant, and 113 were denied.
What is Blue Ridge Bank's mortgage approval rate?
Blue Ridge Bank has an approval (origination) rate of 69.3%, meaning 69.3% of all applications resulted in a funded mortgage. The denial rate is 9.6%.
What is the average loan amount at Blue Ridge Bank?
The average mortgage loan amount at Blue Ridge Bank is $261,117. The average interest rate is 6.681%. The average applicant income is $39,000.
What are the most common reasons for mortgage denial at Blue Ridge Bank?
The most common reasons for mortgage denial at Blue Ridge Bank are: Debt-to-income ratio, Credit history, Collateral. In total, 113 applications were denied out of 1,182 total applications.
What types of mortgage loans does Blue Ridge Bank offer?
Blue Ridge Bank processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 621 applications and an average loan amount of $288,994.
What loan purposes does Blue Ridge Bank serve?
Blue Ridge Bank serves the following loan purposes: Home Purchase (1,006 applications), Cash-out Refinancing (115 applications), Refinancing (60 applications), Home Improvement (1 applications). Home Purchase is the most common purpose.
Where is Blue Ridge Bank located?
Blue Ridge Bank is headquartered in Luray, VA. The lender is identified by LEI 5493007WZXR2YE227I23 in HMDA data.
How does Blue Ridge Bank compare in lending across racial demographics?
Blue Ridge Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 71.3% and denial rate of 8.9%; Black or African American applicants have an approval rate of 64.1% and denial rate of 10.7%; Asian applicants have an approval rate of 67.1% and denial rate of 11.4%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.