The Farmers Bank of Appomattox · Virginia · 2025

The Farmers Bank of Appomattox in Virginia: approval rate, denial rate and rates (2025)

The Farmers Bank of Appomattox took 123 mortgage applications in Virginia in 2025, ranking #265 of 1,013 lenders active in the state. It originated 91.1% of them and denied 6.5% (6.6% of the applications it decided), against a statewide denial rate of 15.9%.

123Applicationsin VA
6.6%Decision denial ratestate 20.3%
Median ratestate 6.63%
$125,000Median loanstate $255,000
$21MVolume14 counties

The Farmers Bank of Appomattox in Virginia vs the state

6.5%Denial rate-9.44 pts vs state
6.6%Decision denial rate-13.64 pts vs state
91.1%Origination rate+31.54 pts vs state
Median rate
Rate spread (pts)
$86kMedian applicant income
112Loans originated
8Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202394799.6%#272
202412510811.2%#249
20251231126.5%#265

What The Farmers Bank of Appomattox lends in Virginia

By loan purpose

Home purchase 55 45% · 1.8% denied
Refinance 24 20% · 20.8% denied
Home improvement 22 18% · 9.1% denied
Other / HELOC 22 18% · 0.0% denied

By loan type

Conventional 123 100% · 6.5% denied

Where in Virginia

Counties with the most The Farmers Bank of Appomattox applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Appomattox County 40391 2.5%
Campbell County 15140 0.0%
Lynchburg city 13111 7.7%
Amherst County 13121 7.7%
Buckingham County 13111 7.7%
Prince Edward County 1192 18.2%
Charlotte County 651 16.7%
Bedford County 541 20.0%
Pittsylvania County 220 0.0%
Mecklenburg 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: 123 applications in 2025, of which 112 were originated and 8 denied.

6.5% of all applications, or 6.6% 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 The Farmers Bank of Appomattox'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