Largest lenders in Alleghany County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Alcova Mortgage | A | 102 | 82 | 2.0% | 6.69% |
| 2 | Rocket Mortgage | C | 23 | 16 | 17.4% | 6.81% |
| 3 | Vanderbilt Mortgage and Finance | F | 22 | 1 | 50.0% | 9.75% |
| 4 | First-Citizens Bank & Trust | B | 18 | 14 | 11.1% | 6.42% |
| 5 | Peoples Bank | C | 18 | 10 | 38.9% | 7.37% |
| 6 | Pennymac Loan Services | C | 15 | 8 | 13.3% | 6.75% |
| 7 | AmeriSave Mortgage | D | 12 | 6 | 25.0% | 7.81% |
| 8 | Atlantic Union Bank | C | 9 | 5 | 44.4% | 7.25% |
| 9 | Truist Bank | C | 8 | 2 | 50.0% | 8.87% |
| 10 | Freedom Mortgage | B | 7 | 4 | 0.0% | 6.63% |
| 11 | Loandepot.Com | D | 7 | 3 | 28.6% | 6.63% |
| 12 | New Day Financial | F | 6 | 1 | 0.0% | 6.99% |
| 13 | Broker Solutions | D | 6 | 2 | 0.0% | 7.56% |
| 14 | Mortgage Research Center | C | 6 | 4 | 33.3% | 6.50% |
| 15 | Deephaven Mortgage | D | 5 | 0 | 20.0% | — |
| 16 | Coastal Community Bank | C | 5 | 1 | 0.0% | 8.49% |
| 17 | Figure Lending | C | 5 | 2 | 60.0% | 10.25% |
Best approval odds in Alleghany County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Alcova Mortgage | 96 | 2.1% |
What Alleghany County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Alleghany County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 352 | 193 | 23.0% | 6.88% | $115,000 |
| 2024 | 362 | 225 | 20.4% | 6.99% | $115,000 |
| 2025 | 411 | 238 | 17.8% | 6.75% | $135,000 |
Frequently asked questions
17.8% of applications in Alleghany County were denied in 2025, against 15.9% statewide in Virginia.
Alcova Mortgage, with 102 applications in 2025 and a denial rate of 2.0%.
The median mortgage application in Alleghany County in 2025 was for $135,000; the median property value on originated loans was $215,000.