What loan types does First Community Bank offer?

First Community Bank offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

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 an overall pricing score of 13.3/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is First Community Bank?

First Community Bank is a Bank headquartered in Bluefield, VA.

Unclaimed

First Community Bank

Bank•Bluefield, VA•Direct to Consumer

First Community Bank VA has 80 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing

Mediocre

vs. all lenders

Pull Through

Acceptable

closing strength

Products

Acceptable

Conventional

Place

Active

Regional

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Safe Rate's Summary

Things to Think About

Rates typically 110 basis points above market average
Pull through efficiency is below industry average

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Report Card

First Community Bank performance at a glance

Category	Score	vs. Peers
Overall Performance· Pricing & closing strength
Pricing Rate competitiveness	Mediocre	Below peers +109.6 bps above market avg
Pull Through Closing strength	Acceptable	Near industry average Bottom 40% of lenders
By Loan Product· Specialization by type
Conventional	Acceptable	Near industry average Bottom 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase	Acceptable	Near industry average Bottom 40% of lenders
Refinance	Acceptable	Near industry average Bottom 40% of lenders
By Location· Geographic coverage
Geographic Reach Coverage footprint	Sound	Industry Standard Top 60% of lenders Regional1 markets

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Acceptable	Acceptable	Mediocre	Acceptable	79	98.8%	+1.096%Above	$1,808Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Acceptable	Mediocre	Acceptable	60	75.0%	+0.995%Above	$1,896Fees
Refinance	Acceptable	Acceptable	—	Acceptable	20	25.0%	+1.377%Above	$1,567Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

167

Volume

$15 million

Pricing & Closing

Avg Rate Spread

+1.096%

vs. market APOR

Avg Net Fees

$1,808

Origination − Credits

Pullthrough Rate

47.9%

Applications → Closed

Typical Borrower

Avg Loan Amount

$195,875

Avg Borrower Income

$103,925

Avg Property Value

$270,875

Geographic Coverage

Geographic Performance

Metro Areas

States Served

We count Washington DC as a state

Avg Place Specialization

N/A

States with Loan Originations

NCTNVAWV

Top States by Place Specialization Score

WVState

Volume: 43Mix: 53.75%of portfolio

Place

Strong

VAState

Volume: 22Mix: 27.50%of portfolio

Place

Sound

NCState

Volume: 14Mix: 17.50%of portfolio

Place

Sound

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

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 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

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.