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BHBT

Burke & Herbert Bank & Trust Company

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Burke & Herbert Bank & Trust Company has 205 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Strong
4/5
vs. all lenders
Pull-through
Acceptable
2/5
closing strength
Product
Sound
3/5
Conventional · Jumbo
Place
Sound
3/5
Multi-Region · 3 mkts

Safe Rate Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees

Things to Think About

  • Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Burke & Herbert Bank & Trust Company performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
+12.0 bps above market avg
Pull Through
Closing strength
Acceptable
Bottom 40% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
Jumbo
Sound
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Acceptable
Bottom 40% of lenders
Refinance
Sound
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 4 markets
Sound
Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Sound
Product
Sound
Pricing
Strong
Pull Through
Sound
Volume195
Mix95.1%
Spread
+0.101%Above
Fees
$1,412Fees
Jumbo Loans
Overall
Sound
Product
Sound
Pricing
Pull Through
Volume10
Mix4.9%
Spread
+0.483%Above
Fees
$2,703Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Sound
Product
Acceptable
Pricing
Strong
Pull Through
Acceptable
Volume165
Mix80.5%
Spread
+0.054%Above
Fees
$1,495Fees
Refinance
Overall
Sound
Product
Sound
Pricing
Sound
Pull Through
Sound
Volume40
Mix19.5%
Spread
+0.366%Above
Fees
$1,405Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
205
Applications
296
Volume
$81 million
Pricing & Closing
Avg Rate Spread
+0.120%
vs. market APOR
Avg Net Fees
$1,476
Origination − Credits
Pullthrough Rate
69.3%
Applications → Closed
Typical Borrower
Avg Loan Amount
$395,732
Avg Borrower Income
$211,546
Avg Property Value
$548,073

Geographic Coverage

Geographic Performance

Metro Areas
3
markets with activity
States Served
9
of 50 states + DC
Avg Place Specialization
Sound
3/5

States with Loan Originations

9
9 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Midwest1
IL
South8
DCDEFLMDNCSCVAWV

Top Metro Areas by Place Specialization Score

1© Billy Hathorn · CC BY-SA 3.0
Arlington, VA-WVMetro
Volume 62Mix 30.24% of portfolio
66/100
Strong
Volume 11Mix 5.37% of portfolio
47/100
Sound
3© Ad Meskens · CC BY-SA 3.0
Washington, DC, DC-MDMetro
Volume 10Mix 4.88% of portfolio
45/100
Sound

Top States by Place Specialization Score

West Virginia
West Virginia
1
West VirginiaState
Volume 77Mix 37.56% of portfolio
74/100
Strong
Virginia
Virginia
2
VirginiaState
Volume 92Mix 44.88% of portfolio
68/100
Strong
Maryland
Maryland
3
MarylandState
Volume 18Mix 8.78% of portfolio
48/100
Sound

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.