Renasant Bank · Virginia · 2025

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

Renasant Bank took 180 mortgage applications in Virginia in 2025, ranking #214 of 1,013 lenders active in the state. It originated 86.7% of them and denied 3.9% (4.3% of the applications it decided), against a statewide denial rate of 15.9%.

180Applicationsin VA
4.3%Decision denial ratestate 20.3%
6.63%Median ratestate 6.63%
$235,000Median loanstate $255,000
$43MVolume45 counties

Renasant Bank in Virginia vs the state

3.9%Denial rate-12.05 pts vs state
4.3%Decision denial rate-15.98 pts vs state
86.7%Origination rate+27.15 pts vs state
6.63%Median rate0.00 pts vs state
0.23Rate spread (pts)+0.01 pts vs state
$96kMedian applicant income
156Loans originated
7Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232752224.0%6.63%#156
20242572163.5%6.75%#176
20251801563.9%6.63%#214

What Renasant Bank lends in Virginia

By loan purpose

Home purchase 152 84% · 1.3% denied
Refinance 15 8% · 13.3% denied
Cash-out refinance 10 6% · 10.0% denied
Other / HELOC 3 2% · 66.7% denied

By loan type

Conventional 124 69% · 4.0% denied
FHA 32 18% · 6.3% denied
VA 18 10% · 0.0% denied
USDA / RHS 6 3% · 0.0% denied

Why it denied Virginia applicants

Credit history 2 29%
Employment history 2 29%
Collateral 1 14%
Debt-to-income ratio 1 14%
Other 1 14%

Where in Virginia

Counties with the most Renasant Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lynchburg city 18160 0.0%
Montgomery County 13120 0.0%
Carroll County 12110 0.0%
Wythe County 11110 0.0%
Campbell County 11100 0.0%
Pulaski County 11110 0.0%
Bedford County 1090 0.0%
Washington County 971 11.1%
Lee County 733 42.9%
Bristol city 743 42.9%

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: 180 applications in 2025, of which 156 were originated and 7 denied.

3.9% of all applications, or 4.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Renasant Bank originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Renasant 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