What loan types does Blue Ridge Bank offer?

Blue Ridge Bank offers the following mortgage loan types: FHA, Conventional, VA, usda. Each product has its own pricing score and performance metrics.

Where does Blue Ridge Bank offer mortgages?

Blue Ridge Bank offers mortgages in 24 states: AZ, CO, CT, DE, FL, GA, IL, IN, KY, MD, MS, NC, NJ, NV, NY, OH, OK, PA, SC, TN, TX, VA, WI, WV.

How competitive are Blue Ridge Bank's mortgage rates?

Blue Ridge Bank has an overall pricing score of 42.7/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Blue Ridge Bank?

Blue Ridge Bank is a Bank headquartered in Martinsville, VA.

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Blue Ridge Bank

Bank•Martinsville, VAHQ•Direct•Reviews near you on Google

We analyzed every closed loan from Blue Ridge Bank — 756 loans across 1k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Sound

3/5

closing strength

Product

Exceptional

5/5

FHA · Conventional · VA · USDA

Place

Sound

3/5

Multi-Region · 14 mkts

Awards

FHA

Superstar

USDA

Superstar

Summary

What They Do Well

Particularly strong in FHA and VA and USDA loans

Explore another lender or local market

Report Card

Blue Ridge Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

+33.5 bps above market avg

Pull Through

Closing strength

Sound

Top 60% of lenders

By Loan Product· Specialization by type

Conventional

Sound

Top 60% of lenders

FHA

Strong

Top 40% of lenders

Strong

Top 40% of lenders

USDA

Exceptional

Top 20% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Strong

Top 40% of lenders

Refinance

Sound

Top 60% of lenders

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 15 markets

Sound

Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Acceptable	Sound	412	54.5%	+0.329%Above	$2,593Fees
FHA Loans	Strong	Strong	Sound	Strong	228	30.2%	+0.524%Above	$2,300Fees
VA Loans	Sound	Strong	Sound	Strong	70	9.3%	-0.215%Below	$2,302Fees
USDA Loans	Strong	Exceptional	Sound	Strong	44	5.8%	+0.286%Above	$2,200Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Sound

Volume412

Mix54.5%

Spread

+0.329%Above

Fees

$2,593Fees

FHA Loans

Overall

Strong

Product

Strong

Pricing

Sound

Pull Through

Strong

Volume228

Mix30.2%

Spread

+0.524%Above

Fees

$2,300Fees

VA Loans

Overall

Sound

Product

Strong

Pricing

Sound

Pull Through

Strong

Volume70

Mix9.3%

Spread

-0.215%Below

Fees

$2,302Fees

USDA Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume44

Mix5.8%

Spread

+0.286%Above

Fees

$2,200Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Strong	Sound	Sound	670	88.6%	+0.336%Above	$2,450Fees
Refinance	Sound	Sound	Sound	Acceptable	86	11.4%	+0.328%Above	$2,516Fees

Purchase

Overall

Sound

Product

Strong

Pricing

Sound

Pull Through

Sound

Volume670

Mix88.6%

Spread

+0.336%Above

Fees

$2,450Fees

Refinance

Overall

Sound

Product

Sound

Pricing

Sound

Pull Through

Acceptable

Volume86

Mix11.4%

Spread

+0.328%Above

Fees

$2,516Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

756

Applications

1,077

Volume

$204 million

Pricing & Closing

Avg Rate Spread

+0.335%

vs. market APOR

Avg Net Fees

$2,458

Origination − Credits

Pullthrough Rate

70.2%

Applications → Closed

Typical Borrower

Avg Loan Amount

$269,907

Avg Borrower Income

$135,533

Avg Property Value

$342,791

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

Northeast4

CTNJNYPA

Midwest4

ILINOHWI

South13

DEFLGAKYMDMSNCOKSCTNTXVAWV

West3

AZCONV

Top Metro Areas by Place Specialization Score

1© DiscoA340 · CC BY-SA 4.0

Winston, NCMetro

Volume 34Mix 4.50% of portfolio

60/100

Strong

2© Bjoertvedt · CC BY-SA 4.0

Wilmington, NCMetro

Volume 28Mix 3.70% of portfolio

59/100

Sound

3© Greyfiveys · CC BY-SA 4.0

Virginia Beach, VA-NCMetro

Volume 36Mix 4.76% of portfolio

56/100

Sound

4© Warren LeMay from Cullowhee, NC, United States · CC0

Greensboro, NCMetro

Volume 25Mix 3.31% of portfolio

55/100

Sound

Raleigh, NCMetro

Volume 31Mix 4.10% of portfolio

55/100

Sound

Durham, NCMetro

Volume 23Mix 3.04% of portfolio

55/100

Sound

Charlotte, NC-SCMetro

Volume 33Mix 4.37% of portfolio

54/100

Sound

Burlington, NCMetro

Volume 15Mix 1.98% of portfolio

53/100

Sound

Arlington, VA-WVMetro

Volume 26Mix 3.44% of portfolio

51/100

Sound

Williamsport, PAMetro

Volume 12Mix 1.59% of portfolio

47/100

Sound

Showing 10 of 14 metro areas

Top States by Place Specialization Score

VirginiaState

Volume 226Mix 29.89% of portfolio

75/100

Strong

North CarolinaState

Volume 293Mix 38.76% of portfolio

72/100

Strong

IndianaState

Volume 60Mix 7.94% of portfolio

57/100

Sound

South CarolinaState

Volume 38Mix 5.03% of portfolio

54/100

Sound

PennsylvaniaState

Volume 28Mix 3.70% of portfolio

48/100

Sound

MarylandState

Volume 20Mix 2.65% of portfolio

46/100

Sound

OklahomaState

Volume 17Mix 2.25% of portfolio

45/100

Sound

TennesseeState

Volume 11Mix 1.46% of portfolio

38/100

Acceptable

GeorgiaState

Volume 11Mix 1.46% of portfolio

38/100

Acceptable

FloridaState

Volume 13Mix 1.72% of portfolio

36/100

Acceptable

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.