Blue Ridge Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C 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%
42nd11.7% deniedPricingmedian rate spread over APOR, weight 30%
36th0.39 ptsProcesswithdrawn + incomplete share, weight 15%
13th23.4%Closing coststotal loan costs ÷ loan amount, weight 10%
22nd2.86% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,339 | 1,043 | 8.1% | 9.1% | 6.63% | $312M |
| 2024 | 1,182 | 819 | 9.6% | 12.0% | 6.63% | $216M |
| 2025 | 201 | 135 | 9.0% | 11.7% | 6.63% | $40M |
What Blue Ridge Bank 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, 8 manufactured homes, 19 investment properties.
Why Blue Ridge Bank denies applications
Primary reason reported for each of the 18 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Blue Ridge Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 34 | 20 | 23.1% |
| $50k – $100k | 90 | 58 | 13.2% |
| $100k – $150k | 30 | 20 | 9.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 46 | 33 | 10.8% |
| 35–44 | 42 | 26 | 18.8% |
| 45–54 | 33 | 19 | 13.0% |
| 55–64 | 37 | 26 | 10.3% |
Where Blue Ridge Bank lends
14 states and 82 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| North Carolina | 104 | 65 | 11.5% | 6.63% | #319 |
| Virginia | 72 | 56 | 4.2% | 6.63% | #322 |
| Maryland | 9 | 7 | 11.1% | 6.50% | #486 |
Frequently asked questions
Blue Ridge Bank denied 11.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 42nd percentile of small mortgage lenders.
The most common reason Blue Ridge Bank gave in 2025 was "debt-to-income ratio", cited on 38.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Blue Ridge Bank originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.39 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 89% of its applications were for home purchases, 10% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 58% conventional, 33% FHA, 7% 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.