Bristol city, Virginia · 2025

Mortgage lenders in Bristol city, VA: denial rates and top lenders (2025)

124 lenders acted on 674 mortgage applications for properties in Bristol city in 2025. 20.9% were denied (Virginia: 15.9%). Median rate on closed loans 6.88%; median loan $145,000; median property value $225,000.

674Applications
20.9%Denial ratestate 15.9%
6.88%Median ratestate 6.63%
$145,000Median loan
$225,000Median property value

Largest lenders in Bristol city

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Eastman Credit Union D 13276 34.1%7.31%
2 Rocket Mortgage C 4532 13.3%6.31%
3 Movement Mortgage A 3825 7.9%6.75%
4 First Bancorp B 3228 6.3%7.50%
5 Vanderbilt Mortgage and Finance F 322 56.3%11.37%
6 Mortgage Research Center C 2216 0.0%6.56%
7 United Shore Financial Services B 1613 0.0%6.09%
8 The Bank of Marion B 1613 18.8%
9 Gvc Mortgage B 149 0.0%6.25%
10 Cardinal Financial Company, Limited Partnership B 135 7.7%6.75%
11 Wells Fargo Bank B 126 16.7%6.38%
12 AmeriSave Mortgage D 124 58.3%8.63%
13 Broker Solutions D 118 9.1%6.63%
14 First Community Bank F 117 9.1%7.50%
15 Pennymac Loan Services C 107 0.0%6.75%
16 Truist Bank C 92 44.4%6.81%
17 Coastal Community Bank C 92 11.1%10.99%
18 Legacy Bank 99 0.0%
19 Regions Bank C 83 37.5%6.13%
20 New Peoples Bank B 86 0.0%7.11%
21 First Horizon Bank B 74 28.6%7.27%
22 Newrez D 72 14.3%6.31%
23 Navy Federal Credit Union D 73 28.6%5.63%
24 Renasant Bank B 74 42.9%7.18%
25 Freedom Mortgage B 64 16.7%6.75%

Best approval odds in Bristol city

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

#LenderDecidedDecision denial rate
1Eastman Credit Union12336.6%

What Bristol city borrowers applied for

By loan purpose

Home purchase 331 49% · 13.6% denied
Refinance 82 12% · 17.1% denied
Cash-out refinance 118 18% · 20.3% denied
Home improvement 58 9% · 36.2% denied
Other / HELOC 85 13% · 43.5% denied

By loan type

Conventional 495 73% · 23.4% denied
FHA 127 19% · 15.8% denied
VA 52 8% · 9.6% denied

Why applications were denied

Credit history 52 38%
Debt-to-income ratio 38 28%
Collateral 16 12%
Other 11 8%
Unverifiable information 9 7%
Incomplete application 9 7%
Employment history 2 1%

Bristol city by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202358234817.4%7.13%$135,000
202460736019.3%6.99%$135,000
202567439220.9%6.88%$145,000

Frequently asked questions

20.9% of applications in Bristol city were denied in 2025, against 15.9% statewide in Virginia.

Eastman Credit Union, with 132 applications in 2025 and a denial rate of 34.1%.

The median mortgage application in Bristol city in 2025 was for $145,000; the median property value on originated loans was $225,000.