Bank of Clarke at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
26th16.6% deniedProcesswithdrawn + incomplete share, weight 15%
19th20.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 404 | 266 | 19.8% | 22.9% | 6.75% | $123M |
| 2024 | 367 | 241 | 18.8% | 21.8% | 6.56% | $109M |
| 2025 | 430 | 284 | 13.3% | 16.6% | — | $123M |
What Bank of Clarke lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 75 investment properties.
Who gets approved at Bank of Clarke
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 26 | 7 | 58.8% |
| $50k – $100k | 115 | 74 | 15.9% |
| $100k – $150k | 115 | 73 | 19.6% |
| $150k – $250k | 81 | 55 | 12.5% |
| Over $250k | 60 | 42 | 14.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 73 | 58 | 7.9% |
| 35–44 | 112 | 69 | 16.7% |
| 45–54 | 87 | 53 | 21.7% |
| 55–64 | 62 | 36 | 23.4% |
| 65–74 | 31 | 15 | 28.6% |
| Over 74 | 20 | 11 | 26.7% |
Where Bank of Clarke lends
16 states and 61 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Virginia | 341 | 217 | 15.0% | — | #147 |
| Maryland | 40 | 32 | 7.5% | — | #341 |
| West Virginia | 30 | 21 | 10.0% | — | #177 |
Frequently asked questions
Bank of Clarke denied 16.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 26th percentile of small mortgage lenders.
In 2025, 65% of its applications were for home purchases, 21% for refinancing (including cash-out), and 14% for home improvement or other purposes. By loan type: 96% conventional, 0% FHA, 3% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.