Bank of Clarke mortgage approval rate & lending review
Bank of Clarke decided 486 mortgage applications and funded 410 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bank of Clarke reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bank of Clarke at a glance
Approval is 1.4 points above the 84.4% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 92% | 302 / 329 | 99% | $555K | 300 |
| Cash-out refinance | 45% | 13 / 29 | 77% | $195K | 10 |
| Investment property purchase | 86% | 63 / 73 | 97% | $345K | 61 |
Bank of Clarke lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Virginia | 84% | $555K | 358 | 298 |
| Maryland | 91% | $385K | 56 | 50 |
| West Virginia | 87% | $245K | 23 | 19 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Bank of Clarke lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Loudoun County, VA | Mortgage lenders | 94% | 84 | 79 |
The county markets where Bank of Clarke made the most loans. Each link opens that market with every lender ranked.
Questions about Bank of Clarke
What is Bank of Clarke's mortgage approval rate?
Bank of Clarke approved 85.8% of the 486 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.4 points above the 84.4% national rate for the same mix of loan types.
How often do borrowers take the loan Bank of Clarke offers?
Borrowers accepted 98% of the loans Bank of Clarke approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bank of Clarke make?
The typical home purchase mortgage loan Bank of Clarke made was $555K; across all loan types its typical loan ran from $195K to $555K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bank of Clarke lend?
Bank of Clarke decided applications in 19 of the states Fat Boy Data covers, most of them in Virginia, Maryland and West Virginia.
Can I apply to Bank of Clarke directly?
Yes. Bank of Clarke is a bank or credit union with 15 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bank of Clarke's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Bank of Clarke treats applications, then get a rate quote from the lender.