Largest lenders in Buchanan County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | F | 49 | 5 | 44.9% | 8.99% |
| 2 | Eastman Credit Union | D | 22 | 9 | 40.9% | 7.63% |
| 3 | Rocket Mortgage | C | 19 | 9 | 36.8% | 6.88% |
| 4 | Movement Mortgage | A | 18 | 10 | 5.6% | 6.69% |
| 5 | TRUPoint Bank | C | 14 | 12 | 14.3% | — |
| 6 | Legacy Bank | – | 14 | 12 | 0.0% | — |
| 7 | Credit Human Federal Credit Union | D | 11 | 1 | 72.7% | 8.10% |
| 8 | 21st Mortgage | F | 10 | 3 | 30.0% | 8.86% |
| 9 | New Peoples Bank | B | 10 | 7 | 10.0% | 7.09% |
| 10 | AmeriSave Mortgage | D | 9 | 2 | 77.8% | 7.13% |
| 11 | Triad Financial Services | D | 8 | 0 | 75.0% | — |
| 12 | Atlantic Union Bank | C | 7 | 5 | 0.0% | 6.50% |
| 13 | Wells Fargo Bank | B | 6 | 2 | 50.0% | 6.56% |
| 14 | Mortgage Research Center | C | 6 | 3 | 16.7% | 6.25% |
| 15 | Community Trust Bank | B | 6 | 3 | 33.3% | 7.50% |
| 16 | Southwest Stage Funding | F | 5 | 0 | 0.0% | — |
What Buchanan County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Buchanan County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 273 | 117 | 27.8% | 7.13% | $85,000 |
| 2024 | 253 | 102 | 33.2% | 7.25% | $105,000 |
| 2025 | 291 | 110 | 31.3% | 6.80% | $115,000 |
Frequently asked questions
31.3% of applications in Buchanan County were denied in 2025, against 15.9% statewide in Virginia.
Vanderbilt Mortgage and Finance, with 49 applications in 2025 and a denial rate of 44.9%.
The median mortgage application in Buchanan County in 2025 was for $115,000; the median property value on originated loans was $155,000.