Burke & Herbert Bank & Trust Company mortgage approval rate & lending review
Burke & Herbert Bank & Trust Company decided 584 mortgage applications and funded 511 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Burke & Herbert Bank & Trust Company reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Burke & Herbert Bank & Trust Company at a glance
Approval is 9.9 points above the 80.0% 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 | 95% | 282 / 298 | 97% | $505K | 274 |
| Home improvement loans | 67% | 68 / 101 | 99% | $155K | 67 |
| Cash-out refinance | 97% | 28 / 29 | 100% | $275K | 28 |
| Refinance | 93% | 57 / 61 | 98% | $455K | 56 |
| Investment property purchase | 98% | 55 / 56 | 96% | $215K | 53 |
Burke & Herbert Bank & Trust Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Virginia | 90% | $545K | 374 | 331 |
| West Virginia | 89% | $155K | 85 | 73 |
| Maryland | 93% | $365K | 76 | 68 |
| District of Columbia | 75% | $755K | 20 | 14 |
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 Burke & Herbert Bank & Trust Company lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Fairfax County, VA | Home improvement loans | 63% | 43 | 27 |
| Alexandria city, VA | Mortgage lenders | 100% | 25 | 25 |
The county markets where Burke & Herbert Bank & Trust Company made the most loans. Each link opens that market with every lender ranked.
Questions about Burke & Herbert Bank & Trust Company
What is Burke & Herbert Bank & Trust Company's mortgage approval rate?
Burke & Herbert Bank & Trust Company approved 89.9% of the 584 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.9 points above the 80.0% national rate for the same mix of loan types.
How often do borrowers take the loan Burke & Herbert Bank & Trust Company offers?
Borrowers accepted 97% of the loans Burke & Herbert Bank & Trust Company 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 Burke & Herbert Bank & Trust Company make?
The typical home purchase mortgage loan Burke & Herbert Bank & Trust Company made was $505K; across all loan types its typical loan ran from $155K to $505K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Burke & Herbert Bank & Trust Company lend?
Burke & Herbert Bank & Trust Company decided applications in 13 of the states Fat Boy Data covers, most of them in Virginia, West Virginia and Maryland.
Can I apply to Burke & Herbert Bank & Trust Company directly?
Yes. Burke & Herbert Bank & Trust Company is a bank or credit union with 106 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Burke & Herbert Bank & Trust Company'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 Burke & Herbert Bank & Trust Company treats applications, then get a rate quote from the lender.