# Burke & Herbert Bank & Trust Company

> **Canonical URL:** https://saferate.com/lenders/burke-herbert-bank-trust

> **📋 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

Burke & Herbert Bank & Trust Company is a bank, headquartered in Alexandria, VA, serving borrowers across 9 states, with 205 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 32% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 64% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300OS8C7J7ZWMNL70
- **Headquarters:** Alexandria, VA
- **Geographic Reach:** Multi-Region
- **States Served:** 9
- **State List:** DC, DE, FL, IL, MD, NC, SC, VA, WV
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 68/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 36/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.120%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,476
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 205
- **Dollar Volume:** $81 million
- **Applications Received:** 296
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $395,732
- **Average Borrower Income:** $211,546

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 50/100 | 195 | +0.101% | $1,412 | Sound ☺️ |
| Jumbo | 40/100 | 10 | +0.483% | $2,703 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 156 loans, Score: 39/100 (Acceptable)
- Refinance: 39 loans, Score: 44/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 39/100 | 165 | $70M | +0.054% | Acceptable 🙂 |
| Refinance | 41/100 | 40 | $12M | +0.366% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| VA | 92 | 0.09% | 68/100 |
| WV | 77 | 0.50% | 74/100 |
| MD | 18 | 0.03% | 48/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 66 | 52/100 |
| Arlington | VA-WV | 62 | 66/100 |
| Charleston, WV | WV | 11 | 47/100 |
| Washington, DC | DC-MD | 10 | 45/100 |

## Frequently Asked Questions

### What loan types does Burke & Herbert Bank & Trust Company offer?

Burke & Herbert Bank & Trust Company offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Burke & Herbert Bank & Trust Company offer mortgages?

Burke & Herbert Bank & Trust Company offers mortgages in 9 states: DC, DE, FL, IL, MD, NC, SC, VA, WV.

### How competitive are Burke & Herbert Bank & Trust Company's mortgage rates?

Burke & Herbert Bank & Trust Company has a pricing score of 68/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.120% above market average.

### What type of lender is Burke & Herbert Bank & Trust Company?

Burke & Herbert Bank & Trust Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Alexandria, VA.

### What is Burke & Herbert Bank & Trust Company's loan approval success rate?

Burke & Herbert Bank & Trust Company has a pull-through score of 36/100 (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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/burke-herbert-bank-trust

### How to Cite

> "Burke & Herbert Bank & Trust Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/burke-herbert-bank-trust

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