Pendleton Community Bank · Virginia · 2025

Pendleton Community Bank in Virginia: approval rate, denial rate and rates (2025)

Pendleton Community Bank took 34 mortgage applications in Virginia in 2025, ranking #422 of 1,013 lenders active in the state. It originated 97.1% of them and denied 2.9% (2.9% of the applications it decided), against a statewide denial rate of 15.9%.

34Applicationsin VA
2.9%Decision denial ratestate 20.3%
Median ratestate 6.63%
$265,000Median loanstate $255,000
$12MVolume6 counties

Pendleton Community Bank in Virginia vs the state

2.9%Denial rate-13.00 pts vs state
2.9%Decision denial rate-17.31 pts vs state
97.1%Origination rate+37.54 pts vs state
Median rate
0.02Rate spread (pts)-0.20 pts vs state
$125kMedian applicant income
33Loans originated
1Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202371700.0%#311
202439337.7%#398
202534332.9%#422

What Pendleton Community Bank lends in Virginia

By loan purpose

Home purchase 24 71% · 4.2% denied
Refinance 7 21% · 0.0% denied
Home improvement 1 3% · 0.0% denied
Other / HELOC 2 6% · 0.0% denied

By loan type

Conventional 34 100% · 2.9% denied

Why it denied Virginia applicants

Debt-to-income ratio 1 100%

Where in Virginia

Counties with the most Pendleton Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rockingham County 18180 0.0%
Harrisonburg city 880 0.0%
Augusta County 431 25.0%
Bath County 220 0.0%
Page County 110 0.0%
Warren 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: 34 applications in 2025, of which 33 were originated and 1 denied.

2.9% of all applications, or 2.9% 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 Pendleton Community 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