Largest lenders in Cumberland County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | F | 43 | 3 | 32.6% | 11.25% |
| 2 | Rocket Mortgage | C | 31 | 22 | 19.4% | 6.50% |
| 3 | C & F Mortgage | A | 26 | 23 | 0.0% | 6.63% |
| 4 | Citizens and Farmers Bank | D | 21 | 13 | 28.6% | — |
| 5 | Virginia Credit Union | D | 21 | 15 | 0.0% | 6.24% |
| 6 | Alcova Mortgage | A | 15 | 11 | 0.0% | 6.63% |
| 7 | United Shore Financial Services | B | 15 | 11 | 6.7% | 6.63% |
| 8 | Benchmark Community Bank | C | 12 | 9 | 16.7% | 7.04% |
| 9 | Mortgage Research Center | C | 12 | 4 | 33.3% | 6.38% |
| 10 | Truist Bank | C | 10 | 3 | 20.0% | 6.99% |
| 11 | Southern Trust Mortgage | B | 10 | 8 | 0.0% | 6.50% |
| 12 | Citizens Bank and Trust | C | 10 | 8 | 20.0% | — |
| 13 | Freedom Mortgage | B | 9 | 6 | 0.0% | 6.25% |
| 14 | Navy Federal Credit Union | D | 9 | 1 | 44.4% | 5.50% |
| 15 | Pennymac Loan Services | C | 7 | 4 | 14.3% | 8.00% |
| 16 | Bank of America | F | 7 | 1 | 28.6% | 5.00% |
| 17 | Crosscountry Mortgage | B | 7 | 6 | 0.0% | 7.22% |
| 18 | New Day Financial | F | 6 | 3 | 16.7% | 6.49% |
| 19 | Newrez | D | 6 | 2 | 50.0% | 6.44% |
| 20 | American Financial Resources | B | 6 | 6 | 0.0% | 5.88% |
| 21 | Colonial Farm Credit, ACA | – | 5 | 5 | 0.0% | 8.75% |
| 22 | Guaranteed Rate | B | 5 | 2 | 20.0% | 6.75% |
| 23 | Nationstar Mortgage | C | 5 | 1 | 40.0% | 8.13% |
| 24 | Swbc Mortgage | A | 5 | 4 | 20.0% | 6.00% |
| 25 | Movement Mortgage | A | 5 | 4 | 0.0% | 6.44% |
What Cumberland County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Cumberland County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 401 | 209 | 24.4% | 6.75% | $165,000 |
| 2024 | 447 | 248 | 20.1% | 6.75% | $175,000 |
| 2025 | 455 | 261 | 16.7% | 6.50% | $205,000 |
Frequently asked questions
16.7% of applications in Cumberland County were denied in 2025, against 15.9% statewide in Virginia.
Vanderbilt Mortgage and Finance, with 43 applications in 2025 and a denial rate of 32.6%.
The median mortgage application in Cumberland County in 2025 was for $205,000; the median property value on originated loans was $315,000.