Clarke County, Virginia · 2025

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

127 lenders acted on 527 mortgage applications for properties in Clarke County in 2025. 16.5% were denied (Virginia: 15.9%). Median rate on closed loans 6.75%; median loan $285,000; median property value $605,000.

527Applications
16.5%Denial ratestate 15.9%
6.75%Median ratestate 6.63%
$285,000Median loan
$605,000Median property value

Largest lenders in Clarke County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 4133 17.1%6.88%
2 Navy Federal Credit Union D 3922 18.0%8.35%
3 Truist Bank C 3219 31.3%6.95%
4 Bank of Clarke D 2113 19.1%
5 Atlantic Coast Mortgage A 1714 0.0%6.63%
6 Freedom Mortgage B 146 7.1%6.31%
7 United Shore Financial Services B 1413 7.1%6.12%
8 Bank of America F 136 23.1%5.99%
9 Crosscountry Mortgage B 129 0.0%6.49%
10 Newrez D 94 22.2%7.75%
11 Pennymac Loan Services C 81 37.5%6.12%
12 Lakeview Loan Servicing C 82 37.5%7.88%
13 Discover Bank F 70 71.4%
14 Atlantic Union Bank C 74 28.6%6.94%
15 Guaranteed Rate B 74 0.0%6.29%
16 Carrington Mortgage Services D 72 57.1%7.56%
17 Northwest Federal Credit Union D 77 0.0%7.13%
18 Fairway Independent Mortgage B 76 0.0%6.44%
19 Mortgage Research Center C 73 0.0%6.50%
20 Integrity Home Mortgage B 77 0.0%7.00%
21 Apple Federal Credit Union D 74 28.6%9.49%
22 PNC Bank D 64 16.7%0.25%
23 CMG Mortgage A 65 16.7%6.25%
24 Broker Solutions D 61 16.7%6.24%
25 Guild Mortgage A 63 0.0%6.88%

What Clarke County borrowers applied for

By loan purpose

Home purchase 193 37% · 4.7% denied
Refinance 100 19% · 14.0% denied
Cash-out refinance 98 19% · 22.5% denied
Home improvement 61 12% · 31.2% denied
Other / HELOC 75 14% · 30.7% denied

By loan type

Conventional 419 80% · 17.0% denied
FHA 46 9% · 23.9% denied
VA 61 12% · 8.2% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 20 24%
Incomplete application 17 21%
Credit history 15 18%
Collateral 13 16%
Other 8 10%
Unverifiable information 5 6%
Employment history 2 2%
Insufficient cash 2 2%

Clarke County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202350729517.0%6.75%$255,000
202455931316.6%6.99%$265,000
202552732616.5%6.75%$285,000

Frequently asked questions

16.5% of applications in Clarke County were denied in 2025, against 15.9% statewide in Virginia.

Rocket Mortgage, with 41 applications in 2025 and a denial rate of 17.1%.

The median mortgage application in Clarke County in 2025 was for $285,000; the median property value on originated loans was $605,000.