National Bankshares in Virginia vs the state
2.5%Denial rate-13.45 pts vs state
2.5%Decision denial rate-17.71 pts vs state
89.3%Origination rate+29.80 pts vs state
—Median rate
—Rate spread (pts)
$100kMedian applicant income
251Loans originated
7Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 251 | 196 | 5.2% | — | #163 |
| 2024 | 250 | 200 | 5.2% | — | #180 |
| 2025 | 281 | 251 | 2.5% | — | #173 |
What National Bankshares lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most National Bankshares applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 76 | 71 | 1 | 1.3% |
| Giles County | 34 | 31 | 0 | 0.0% |
| Tazewell County | 33 | 26 | 0 | 0.0% |
| Pulaski County | 30 | 29 | 1 | 3.3% |
| Roanoke city | 19 | 18 | 1 | 5.3% |
| Washington County | 12 | 10 | 0 | 0.0% |
| Lynchburg city | 9 | 9 | 0 | 0.0% |
| Carroll County | 7 | 7 | 0 | 0.0% |
| Radford city | 5 | 5 | 0 | 0.0% |
| Galax city | 5 | 5 | 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: 281 applications in 2025, of which 251 were originated and 7 denied.
2.5% of all applications, or 2.5% 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 National Bankshares'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