CNB Bank in Virginia vs the state
8.1%Denial rate-7.82 pts vs state
9.1%Decision denial rate-11.12 pts vs state
80.1%Origination rate+20.55 pts vs state
6.38%Median rate-0.25 pts vs state
-0.42Rate spread (pts)-0.64 pts vs state
$155kMedian applicant income
217Loans originated
22Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 154 | 139 | 6.5% | 7.25% | #216 |
| 2024 | 192 | 173 | 5.2% | 8.00% | #211 |
| 2025 | 271 | 217 | 8.1% | 6.38% | #175 |
What CNB Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most CNB Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Franklin County | 96 | 77 | 9 | 9.4% |
| Roanoke city | 42 | 33 | 1 | 2.4% |
| Roanoke County | 39 | 34 | 4 | 10.3% |
| Bedford County | 35 | 26 | 5 | 14.3% |
| Salem city | 18 | 13 | 2 | 11.1% |
| Botetourt County | 6 | 6 | 0 | 0.0% |
| Montgomery County | 6 | 6 | 0 | 0.0% |
| Floyd County | 3 | 3 | 0 | 0.0% |
| Henry County | 3 | 1 | 1 | 33.3% |
| Martinsville city | 2 | 2 | 0 | 0.0% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 271 applications in 2025, of which 217 were originated and 22 denied.
8.1% of all applications, or 9.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans CNB Bank originated in Virginia in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are CNB Bank's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology