Farmers and Miners Bank · Virginia · 2025

Farmers and Miners Bank in Virginia: approval rate, denial rate and rates (2025)

Farmers and Miners Bank took 71 mortgage applications in Virginia in 2025, ranking #326 of 1,013 lenders active in the state. It originated 70.4% of them and denied 12.7% (14.5% of the applications it decided), against a statewide denial rate of 15.9%.

71Applicationsin VA
14.5%Decision denial ratestate 20.3%
Median ratestate 6.63%
$75,000Median loanstate $255,000
$4.9MVolume5 counties

Farmers and Miners Bank in Virginia vs the state

12.7%Denial rate-3.26 pts vs state
14.5%Decision denial rate-5.73 pts vs state
70.4%Origination rate+10.90 pts vs state
Median rate
Rate spread (pts)
$96kMedian applicant income
50Loans originated
9Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023874819.5%#281
2024714812.7%#321
2025715012.7%#326

What Farmers and Miners Bank lends in Virginia

By loan purpose

Home purchase 36 51% · 11.1% denied
Refinance 25 35% · 8.0% denied
Home improvement 4 6% · 25.0% denied
Other / HELOC 6 8% · 33.3% denied

By loan type

Conventional 71 100% · 12.7% denied

Where in Virginia

Counties with the most Farmers and Miners Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lee County 34224 11.8%
Dickenson County 22211 4.5%
Wise County 943 33.3%
Scott County 521 20.0%
Buchanan County 110 0.0%

Other large lenders in Virginia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 19,39519.3%7.75%
Rocket MortgageC 19,27414.8%6.63%
United Shore Financial ServicesB 13,99410.4%6.12%
Truist BankC 11,83831.6%6.49%
Mortgage Research CenterC 9,00016.7%6.25%
Pennymac Loan ServicesC 8,33410.7%6.38%
Freedom MortgageB 8,0296.5%6.25%
Bank of AmericaF 6,58431.9%6.24%
NewrezD 6,39016.4%6.38%
Movement MortgageA 6,1264.3%6.56%

Frequently asked questions

Virginia: 71 applications in 2025, of which 50 were originated and 9 denied.

12.7% of all applications, or 14.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Farmers and Miners 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