Lender profile · HMDA 2023–2025
Burke & Herbert Bank & Trust Company mortgage approval rates & lending data
Burke & Herbert Bank & Trust Company decided 584 mortgage applications and funded 511 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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 |
| Florida | 100% | $285K | 8 | 7 |
| Delaware | 71% | $205K | 7 | 5 |
| North Carolina | 75% | $225K | 4 | 3 |
| South Carolina | 100% | $545K | 4 | 4 |
| Georgia | 100% | $245K | 2 | 2 |
| Illinois | 100% | $275K | 1 | 1 |
| Kentucky | 100% | $65K | 1 | 1 |
| Ohio | 100% | $345K | 1 | 1 |
| Pennsylvania | 100% | $325K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.