Fauquier County, Virginia · 2025

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

269 lenders acted on 3,342 mortgage applications for properties in Fauquier County in 2025. 16.0% were denied (Virginia: 15.9%). Median rate on closed loans 6.63%; median loan $355,000; median property value $675,000.

3.3kApplications
16.0%Denial ratestate 15.9%
6.63%Median ratestate 6.63%
$355,000Median loan
$675,000Median property value

Largest lenders in Fauquier County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 223169 15.3%7.25%
2 Navy Federal Credit Union D 221123 18.6%7.75%
3 Truist Bank C 15181 34.4%6.60%
4 United Shore Financial Services B 11275 17.9%6.12%
5 CMG Mortgage A 10079 0.0%6.38%
6 Pennymac Loan Services C 9141 15.4%6.63%
7 Atlantic Coast Mortgage A 8468 1.2%6.49%
8 Intercoastal Mortgage A 7669 1.3%6.50%
9 Apple Federal Credit Union D 7446 21.6%7.49%
10 PNC Bank D 7139 26.8%6.38%
11 Freedom Mortgage B 7126 2.8%6.06%
12 Newrez D 6617 18.2%7.88%
13 Bank of America F 5621 25.0%6.24%
14 Northwest Federal Credit Union D 5540 10.9%7.00%
15 Atlantic Union Bank C 5228 38.5%7.50%
16 Pentagon Federal Credit Union F 4929 30.6%7.75%
17 Movement Mortgage A 4939 2.0%6.44%
18 Homeamerican Mortgage A 4742 6.4%5.00%
19 Coastal Community Bank C 4613 0.0%8.99%
20 Crosscountry Mortgage B 4127 7.3%6.24%
21 Guaranteed Rate B 4123 7.3%6.13%
22 Mortgage Research Center C 3914 20.5%5.81%
23 Spring Eq D 388 50.0%8.54%
24 First Heritage Mortgage A 3828 5.3%6.13%
25 Guild Mortgage A 3826 7.9%6.63%

Best approval odds in Fauquier County

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

What Fauquier County borrowers applied for

By loan purpose

Home purchase 1,220 37% · 6.8% denied
Refinance 556 17% · 13.3% denied
Cash-out refinance 745 22% · 20.7% denied
Home improvement 407 12% · 24.3% denied
Other / HELOC 414 12% · 30.4% denied

By loan type

Conventional 2,564 77% · 17.6% denied
FHA 321 10% · 14.0% denied
VA 449 13% · 8.5% denied
USDA / RHS 8 0% · 12.5% denied

Why applications were denied

Debt-to-income ratio 159 30%
Credit history 110 21%
Incomplete application 84 16%
Collateral 79 15%
Other 46 9%
Unverifiable information 30 6%
Insufficient cash 12 2%
Employment history 3 1%

Fauquier County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,4821,47919.5%6.88%$305,000
20242,9511,80317.1%6.75%$325,000
20253,3422,00916.0%6.63%$355,000

Frequently asked questions

16.0% of applications in Fauquier County were denied in 2025, against 15.9% statewide in Virginia.

Rocket Mortgage, with 223 applications in 2025 and a denial rate of 15.3%.

The median mortgage application in Fauquier County in 2025 was for $355,000; the median property value on originated loans was $675,000.