Potomac Bank, Inc. mortgage approval rate & lending review
Potomac Bank, Inc. decided 288 mortgage applications and funded 256 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Potomac Bank, Inc. reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Potomac Bank, Inc. at a glance
Approval is 10.3 points above the 82.4% 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 | 95% | 165 / 174 | 95% | $395K | 156 |
| Home improvement loans | 79% | 26 / 33 | 100% | $45K | 26 |
| Investment property purchase | 100% | 34 / 34 | 97% | $225K | 33 |
Potomac Bank, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Virginia | 95% | $665K | 129 | 119 |
| West Virginia | 88% | $275K | 121 | 100 |
| Maryland | 96% | $395K | 26 | 25 |
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 Potomac Bank, Inc. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Berkeley County, WV | Mortgage lenders | 95% | 60 | 51 |
| Berkeley County, WV | Home improvement loans | 76% | 25 | 19 |
The county markets where Potomac Bank, Inc. made the most loans. Each link opens that market with every lender ranked.
Questions about Potomac Bank, Inc.
What is Potomac Bank, Inc.'s mortgage approval rate?
Potomac Bank, Inc. approved 92.7% of the 288 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.3 points above the 82.4% national rate for the same mix of loan types.
How often do borrowers take the loan Potomac Bank, Inc. offers?
Borrowers accepted 96% of the loans Potomac Bank, Inc. 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 Potomac Bank, Inc. make?
The typical home purchase mortgage loan Potomac Bank, Inc. made was $395K; across all loan types its typical loan ran from $45K to $395K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Potomac Bank, Inc. lend?
Potomac Bank, Inc. decided applications in 8 of the states Fat Boy Data covers, most of them in Virginia, West Virginia and Maryland.
Can I apply to Potomac Bank, Inc. directly?
Yes. Potomac Bank, Inc. is a bank or credit union with 9 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Potomac Bank, Inc.'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 Potomac Bank, Inc. treats applications, then get a rate quote from the lender.