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Augusta County, Virginia · 2025

Mortgage lenders in Augusta County, VA: denial rates and top lenders (2025)

217 lenders acted on 3,239 mortgage applications for properties in Augusta County in 2025. 15.0% were denied (Virginia: 15.9%). Median rate on closed loans 6.88%; median loan $185,000; median property value $355,000.

3.2kApplications
15.0%Denial ratestate 15.9%
6.88%Median ratestate 6.63%
$185,000Median loan
$355,000Median property value

Largest lenders in Augusta County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 DuPont Community Federally Insured State-Chartered Credit Union A 675548 10.5%7.25%
2 Rocket Mortgage C 165120 17.0%6.63%
3 City National Bank of West Virginia C 14198 22.7%6.29%
4 Alcova Mortgage A 134120 0.0%6.88%
5 Truist Bank C 10670 16.0%6.66%
6 Atlantic Union Bank C 8759 27.6%8.00%
7 Vanderbilt Mortgage and Finance F 7810 43.6%10.13%
8 Movement Mortgage A 7050 5.7%6.78%
9 First Bancorp B 6760 1.5%7.38%
10 NVR Mortgage Finance B 6449 14.1%5.99%
11 C & F Mortgage A 5740 0.0%6.75%
12 F & M Bank B 5638 1.8%6.50%
13 United Shore Financial Services B 5137 13.7%5.75%
14 Pennymac Loan Services C 4925 12.2%6.25%
15 21st Mortgage F 499 59.2%12.06%
16 Ixonia Bank C 4737 0.0%6.63%
17 Mortgage Research Center C 4725 10.6%6.25%
18 Triad Financial Services D 444 54.6%10.33%
19 Navy Federal Credit Union D 4423 18.2%6.63%
20 Newrez D 4315 18.6%6.63%
21 Freedom Mortgage B 4119 12.2%6.25%
22 Integrity Home Mortgage B 4130 4.9%6.50%
23 Tammac Holdings D 377 56.8%9.10%
24 Lower C 3229 6.3%6.63%
25 Loandepot.Com D 3120 25.8%7.50%

Best approval odds in Augusta County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Alcova Mortgage1270.0%
2First Bancorp651.5%
3Movement Mortgage606.7%
4DuPont Community Federally Insured State-Chartered Credit Union62511.4%
5NVR Mortgage Finance5815.5%
6Rocket Mortgage15218.4%
7Truist Bank8719.5%
8City National Bank of West Virginia13523.7%
9Atlantic Union Bank8528.2%

What Augusta County borrowers applied for

By loan purpose

Home purchase 1,363 42% · 12.0% denied
Refinance 410 13% · 12.0% denied
Cash-out refinance 728 22% · 17.3% denied
Home improvement 390 12% · 18.2% denied
Other / HELOC 348 11% · 21.8% denied

By loan type

Conventional 2,513 78% · 16.2% denied
FHA 453 14% · 13.3% denied
VA 236 7% · 7.2% denied
USDA / RHS 37 1% · 8.1% denied

Why applications were denied

Debt-to-income ratio 180 38%
Credit history 143 30%
Collateral 45 9%
Incomplete application 38 8%
Unverifiable information 34 7%
Other 23 5%
Insufficient cash 11 2%
Employment history 5 1%

Augusta County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,4681,46619.0%7.13%$155,000
20242,7371,63319.6%7.13%$165,000
20253,2392,10115.0%6.88%$185,000

Frequently asked questions

15.0% of applications in Augusta County were denied in 2025, against 15.9% statewide in Virginia.

DuPont Community Federally Insured State-Chartered Credit Union, with 675 applications in 2025 and a denial rate of 10.5%.

The median mortgage application in Augusta County in 2025 was for $185,000; the median property value on originated loans was $355,000.