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NATIONAL BANK OF BLACKSBURG

BLACKSBURG, VA

NATIONAL BANK OF BLACKSBURG processed 261 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 209 loans with a 5.4% denial rate. Home Purchase was the primary loan purpose. Based in BLACKSBURG, VA. The approval rate of 80.1% 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. NATIONAL BANK OF BLACKSBURG processed 261 HMDA-reported mortgage applications in 2024, originating 209 loans and denying 14 for a denial rate of 5.4% (applicants themselves withdrew 18 files before a decision). The average loan amount was $284,808. The lender reports under LEI 549300Q745S62Q6QNW78 from BLACKSBURG, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. NATIONAL BANK OF BLACKSBURG's 80.1% origination rate tells you how often an application turned into funded money; the 5.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Credit history, Debt-to-income ratio, which together explain the majority of rejections. Most activity concentrated in Conventional loans (257 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.

261
Applications
209
Originated
5.4%
Denial Rate
$284,808
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 257 205 14 $286,829
USDA 2 2 0 $110,000
VA 2 2 0 $200,000

Top loan types — NATIONAL BANK OF BLACKSBURG

Top loan types — NATIONAL BANK OF BLACKSBURG Horizontal bar chart of the top 3 items by value (applications). Top loan types — NATIONAL BANK OF BLACKSBURG Top 3 1. Conventional 257 2. USDA 2 3. VA 2 Top 5 loan types by application volume at NATIONAL BANK OF BLACKSBURG (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 NATIONAL BANK OF BLACKSBURG (LEI: 549300Q745S62Q6QNW78) · 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

Other
8
Credit history
8
Debt-to-income ratio
5
Collateral
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 134 113 $302,910
Refinancing 63 47 $428,492
Other 34 26 $80,588
Home Improvement 22 17 $81,818
Cash-out Refinancing 8 6 $276,250

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 206 80.6% 5.8%
Black or African American 5 40.0% 0.0%
Asian 4 100.0% 0.0%
Joint 3 100.0% 0.0%

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 206 81.1% 5.8%
Hispanic or Latino 4 50.0% 0.0%
Joint 2 50.0% 0.0%

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 NATIONAL BANK OF BLACKSBURG 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

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Frequently Asked Questions

How many mortgage applications did NATIONAL BANK OF BLACKSBURG process?
NATIONAL BANK OF BLACKSBURG processed 261 mortgage applications in the 2023 HMDA reporting year. Of these, 209 were originated (approved and funded), 18 were withdrawn by the applicant, and 14 were denied.
What is NATIONAL BANK OF BLACKSBURG's mortgage approval rate?
NATIONAL BANK OF BLACKSBURG has an approval (origination) rate of 80.1%, meaning 80.1% of all applications resulted in a funded mortgage. The denial rate is 5.4%.
What is the average loan amount at NATIONAL BANK OF BLACKSBURG?
The average mortgage loan amount at NATIONAL BANK OF BLACKSBURG is $284,808.
What are the most common reasons for mortgage denial at NATIONAL BANK OF BLACKSBURG?
The most common reasons for mortgage denial at NATIONAL BANK OF BLACKSBURG are: Other, Credit history, Debt-to-income ratio. In total, 14 applications were denied out of 261 total applications.
What types of mortgage loans does NATIONAL BANK OF BLACKSBURG offer?
NATIONAL BANK OF BLACKSBURG processes Conventional, USDA, VA loans. The most common type is Conventional with 257 applications and an average loan amount of $286,829.
What loan purposes does NATIONAL BANK OF BLACKSBURG serve?
NATIONAL BANK OF BLACKSBURG serves the following loan purposes: Home Purchase (134 applications), Refinancing (63 applications), Other (34 applications), Home Improvement (22 applications), Cash-out Refinancing (8 applications). Home Purchase is the most common purpose.
Where is NATIONAL BANK OF BLACKSBURG located?
NATIONAL BANK OF BLACKSBURG is headquartered in BLACKSBURG, VA. The lender is identified by LEI 549300Q745S62Q6QNW78 in HMDA data.
How does NATIONAL BANK OF BLACKSBURG compare in lending across racial demographics?
NATIONAL BANK OF BLACKSBURG reports demographic lending data under HMDA requirements. White applicants have an approval rate of 80.6% and denial rate of 5.8%; Black or African American applicants have an approval rate of 40.0% and denial rate of 0.0%; Asian applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.