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The Lender Report built this page from public records. Carter Bank & Trust has not reviewed it. Every lender's page starts this way, and it says nothing about Carter Bank & Trust itself. Each figure shows its source and date. Work at Carter Bank & Trust? You can claim this page for free.
Multifamily record
Carter Bank & Trust: multifamily loans made
Carter Bank & Trust, a bank based in Martinsville, VA, made 49 multifamily loans in 2024 and 2025, $436.7M in all, in 4 states. The typical loan was about $2.9M, and the largest about $36M. Most were in Charlottesville city, VA.
- Evidence
- Multifamily loans made in 2024 and 2025, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 9, 2026
- Multifamily loans
- 49
- HMDA,
- 2024 and 2025. Manufactured-home parks excluded
- Dollars
- $437M
- HMDA,
- Rounded amounts
- Typical loan
- $2.9M
- HMDA,
- Largest loan
- $36M
- HMDA,
- Rounded to 2 significant figures
- States
- 4
- HMDA,
Cite this
Source: The Lender Report, Carter Bank & Trust: multifamily loans made, https://lender.report/lender/carter-bank-and-trust-va/multifamily/, data as of December 31, 2025.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| 2025 | Cumberland County, NC | Purchase, 150 or more units | $27M | 6.5% | 5 yr | 51% | HMDA 2025 |
| 2025 | Centre County, PA | Refinance, 100 to 149 units | $25M | 6.75% | 5 yr | 67% | HMDA 2025 |
| 2025 | Craven County, NC | Purchase, 150 or more units | $23M | 6.75% | 5 yr | 57% | HMDA 2025 |
| 2025 | Mecklenburg County, NC | Purchase, 50 to 99 units | $22M | 6.75% | 5 yr | 49% | HMDA 2025 |
| 2025 | Alamance County, NC | Purchase, 150 or more units | $19M | 7.1% | 5 yr | 55% | HMDA 2025 |
| 2025 | Virginia Beach city, VA | Purchase, 50 to 99 units | $19M | 6.75% | 10 yr | 60% | HMDA 2025 |
| 2025 | Mecklenburg County, NC | Purchase, 50 to 99 units | $18M | 6.16% | 5 yr | 57% | HMDA 2025 |
| 2025 | Blacksburg-Christiansburg-Radford, VA | Refinance, 150 or more units | $13M | 6.25% | 2 yr | 58% | HMDA 2025 |
| 2025 | Davidson County, NC | Improvement, 50 to 99 units | $7.8M | 6.91% | 7 yr | 49% | HMDA 2025 |
| 2025 | Orange County, NC | Purchase, 5 to 24 units | $7.3M | 7.5% | 3 yr | 71% | HMDA 2025 |
| 2025 | Richmond, VA | Refinance, 50 to 99 units | $7M | 6.25% | 5 yr | 57% | HMDA 2025 |
| 2025 | Richland County, SC | Refinance, 50 to 99 units | $6.7M | 7.25% | 5 yr | 52% | HMDA 2025 |
| 2025 | Staunton-Stuarts Draft, VA | Purchase, 150 or more units | $5M | 7.15% | 3.2 yr | 54% | HMDA 2025 |
| 2025 | Durham County, NC | Refinance, 50 to 99 units | $4.5M | 6.5% | 5 yr | 61% | HMDA 2025 |
| 2025 | Virginia | Purchase, 25 to 49 units | $2.9M | 6.25% | 10 yr | 74% | HMDA 2025 |
| 2025 | North Carolina | Refinance, 25 to 49 units | $1.8M | 6.15% | 5 yr | 73% | HMDA 2025 |
| 2025 | Danville city, VA | Purchase, 25 to 49 units | $1.7M | 6.75% | 10 yr | 38% | HMDA 2025 |
| 2025 | Charlottesville city, VA | Purchase, 25 to 49 units | $1.2M | 7.57% | 10 yr | 53% | HMDA 2025 |
| 2025 | Henry County, VA | Refinance, 50 to 99 units | $1.1M | 6.75% | 10 yr | 19% | HMDA 2025 |
| 2025 | Raleigh-Cary, NC | Refinance, 5 to 24 units | $1M | 7% | 5 yr | 75% | HMDA 2025 |
| 2025 | Wake County, NC | Purchase, 5 to 24 units | $880K | 6.5% | 5 yr | 64% | HMDA 2025 |
| 2025 | Henry County, VA | Refinance, 25 to 49 units | $860K | 6.75% | 10 yr | 28% | HMDA 2025 |
| 2025 | Martinsville city, VA | Purchase, 5 to 24 units | $780K | 6.75% | 10 yr | 72% | HMDA 2025 |
| 2025 | Charlottesville city, VA | Purchase, 5 to 24 units | $740K | 7.09% | 10 yr | 71% | HMDA 2025 |
| 2025 | Norfolk city, VA | Purchase, 5 to 24 units | $720K | 7.06% | 3 yr | 62% | HMDA 2025 |
| 49 multifamily loans made in 2024 and 2025 | $437M | HMDA 2024 and 2025 | |||||
A blank means the source did not report it.
| Place | As named | Loans | Dollars |
|---|---|---|---|
| Charlottesville city, VA | County | 6 | $7.00M |
| Blacksburg-Christiansburg-Radford, VA | Metro area | 4 | $15.0M |
| Henry County, VA | County | 3 | $2.32M |
| Martinsville city, VA | County | 3 | $1.48M |
| Staunton-Stuarts Draft, VA | Metro area | 3 | $35.8M |
| Wake County, NC | County | 3 | $29.9M |
| Campbell County, VA | County | 2 | $2.30M |
| Gaston County, NC | County | 2 | $32.0M |
| Mecklenburg County, NC | County | 2 | $40.0M |
| North Carolina | State | 2 | $31.8M |
| Alamance County, NC | County | 1 | $19.0M |
| Centre County, PA | County | 1 | $25.0M |
A county is named only where the public file holds 5 or more multifamily loans there in the year; otherwise the metro area or the state is.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $1M | 16 | $10.6M |
| $1M to $2.5M | 8 | $11.8M |
| $2.5M to $5M | 3 | $10.5M |
| $5M to $10M | 7 | $45.8M |
| $10M or more | 15 | $358M |
| Year | Loans | Dollars | Typical loan |
|---|---|---|---|
| 2024 | 22 | $218M | $2.1M |
| 2025 | 27 | $219M | $4.5M |
| Purpose | Loans |
|---|---|
| Purchase | 31 |
| Refinance | 17 |
| Improvement | 1 |
| Units | Loans |
|---|---|
| 5 to 24 units | 21 |
| 25 to 49 units | 6 |
| 50 to 99 units | 9 |
| 100 to 149 units | 4 |
| 150 or more units | 9 |
- Carter Bank & Trust made 49 multifamily loans totaling $436.7M in 2024 and 2025, in 29 named places across 4 states. HMDA,
- It made 27 of them in 2025 and 22 in 2024. HMDA,
- The typical loan was about $2.9M, with the middle half between $800K and $19M. HMDA,
- The largest was about $36M. Every amount is rounded to 2 significant figures. HMDA,
- 16 loans were under $1M, and 22 were $5M or more. HMDA,
- It reported a median rate of 7.06% on 49 loans, with the middle half between 6.75% and 7.57%. HMDA,
- The median term was 5 years. HMDA,
- The median loan to value was 57%. HMDA,
- 35% of the loans were refinancings and 63% were purchases. HMDA,
- The most common property size was 5 to 24 units, with 21 loans. HMDA,
- Its loans were most often in Charlottesville city, VA (6), Blacksburg-Christiansburg-Radford, VA (4) and Henry County, VA (3). HMDA,
What we don't know
- Whether Carter Bank & Trust is taking new multifamily loans today.
- Its minimum or maximum loan, its fees and its other terms. HMDA reports the rate, term and loan to value, and this page shows what it reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
Place is a county only where the public file holds 5 or more multifamily loans of that year there, otherwise the metro area or the state. Amounts are rounded to 2 significant figures and HMDA has a year, never a date.
HMDA covers dwelling-secured loans. Manufactured-home parks are left out of every count.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.