# First Community Bank

> **Canonical URL:** https://saferate.com/lenders/first-community-bank-va


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


First Community Bank is a bank, headquartered in Bluefield, VA, serving borrowers across 4 states, with 80 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 87% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 76% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493007TJ86W1ZK4LZ15
- **Headquarters:** Bluefield, VA
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** NC, TN, VA, WV
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 13/100
- Rating: ●○○○○ (1/5)

### Pull Through: Acceptable 🙂
- Score: 24/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +1.096%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,808
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 80
- **Dollar Volume:** $16 million
- **Applications Received:** 167
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $195,875
- **Average Borrower Income:** $103,925
- **Average Property Value:** $270,875

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 33/100 | 79 | +1.096% | $1,808 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 59 loans, Score: 33/100 (Acceptable)
- Refinance: 20 loans, Score: 26/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 32/100 | 60 | $13M | +0.995% | Acceptable 🙂 |
| Refinance | 27/100 | 20 | $3M | +1.377% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WV | 43 | 0.28% | 68/100 |
| VA | 22 | 0.02% | 53/100 |
| NC | 14 | 0.01% | 46/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 61 | 55/100 |

## Frequently Asked Questions

### What loan types does First Community Bank offer?

First Community Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First Community Bank offer mortgages?

First Community Bank offers mortgages in 4 states: NC, TN, VA, WV.

### How competitive are First Community Bank's mortgage rates?

First Community Bank has a pricing score of 13/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 1.096% above market average.

### What type of lender is First Community Bank?

First Community Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Bluefield, VA.

### What is First Community Bank's loan approval success rate?

First Community Bank has a pull-through score of 24/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/first-community-bank-va

### How to Cite

> "First Community Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-community-bank-va

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