Powell Valley National Bank · Virginia · 2025

Powell Valley National Bank in Virginia: approval rate, denial rate and rates (2025)

Powell Valley National Bank took 94 mortgage applications in Virginia in 2025, ranking #293 of 1,013 lenders active in the state. It originated 69.2% of them and denied 12.8% (15.6% of the applications it decided), against a statewide denial rate of 15.9%.

94Applicationsin VA
15.6%Decision denial ratestate 20.3%
Median ratestate 6.63%
$115,000Median loanstate $255,000
$14MVolume14 counties

Powell Valley National Bank in Virginia vs the state

12.8%Denial rate-3.17 pts vs state
15.6%Decision denial rate-4.67 pts vs state
69.2%Origination rate+9.63 pts vs state
Median rate
Rate spread (pts)
$72kMedian applicant income
65Loans originated
12Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231027513.7%#263
20241027514.7%#274
2025946512.8%#293

What Powell Valley National Bank lends in Virginia

By loan purpose

Home purchase 52 55% · 17.3% denied
Refinance 15 16% · 0.0% denied
Cash-out refinance 11 12% · 9.1% denied
Home improvement 2 2% · 0.0% denied
Other / HELOC 14 15% · 14.3% denied

By loan type

Conventional 94 100% · 12.8% denied

Why it denied Virginia applicants

Credit history 5 42%
Debt-to-income ratio 5 42%
Other 2 17%

Where in Virginia

Counties with the most Powell Valley National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wise County 34188 23.5%
Lee County 33263 9.1%
Washington County 660 0.0%
Bristol city 531 20.0%
Scott County 540 0.0%
Dickenson County 210 0.0%
Virginia Beach city 220 0.0%
Russell County 110 0.0%
Danville city 100 0.0%
Tazewell 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: 94 applications in 2025, of which 65 were originated and 12 denied.

12.8% of all applications, or 15.6% 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 Powell Valley National 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