Largest lenders in Giles County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Waterstone Mortgage | C | 41 | 31 | 4.9% | 6.50% |
| 2 | Rocket Mortgage | C | 36 | 21 | 22.2% | 6.88% |
| 3 | National Bankshares | A | 34 | 31 | 0.0% | — |
| 4 | Truist Bank | C | 25 | 9 | 60.0% | 7.19% |
| 5 | Vanderbilt Mortgage and Finance | F | 24 | 3 | 41.7% | 9.50% |
| 6 | Celco Community Federal Credit Union | – | 21 | 16 | 14.3% | 8.00% |
| 7 | Alcova Mortgage | A | 18 | 18 | 0.0% | 6.56% |
| 8 | Movement Mortgage | A | 18 | 16 | 0.0% | 6.75% |
| 9 | Atlantic Bay Mortgage Group | A | 13 | 11 | 0.0% | 7.13% |
| 10 | The First National Bank of Peterstown | – | 13 | 8 | 23.1% | — |
| 11 | United Shore Financial Services | B | 13 | 9 | 23.1% | 6.49% |
| 12 | Mortgage Research Center | C | 13 | 6 | 7.7% | 6.38% |
| 13 | Atlantic Union Bank | C | 12 | 7 | 8.3% | 7.74% |
| 14 | Freedom Mortgage | B | 12 | 2 | 0.0% | 6.25% |
| 15 | FREEDOM FIRST Federal Credit Union | C | 12 | 11 | 8.3% | 6.13% |
| 16 | First Heritage Mortgage | A | 10 | 8 | 10.0% | 6.69% |
| 17 | Virginia Credit Union | D | 10 | 3 | 60.0% | 5.88% |
| 18 | Truliant Federal Credit Union | D | 8 | 3 | 50.0% | 7.25% |
| 19 | Newrez | D | 8 | 5 | 25.0% | 6.25% |
| 20 | Pennymac Loan Services | C | 6 | 4 | 0.0% | 6.06% |
| 21 | Better Mortgage | F | 6 | 2 | 50.0% | 7.25% |
| 22 | Prosperity Home Mortgage | A | 6 | 6 | 0.0% | 6.12% |
| 23 | Coastal Community Bank | C | 6 | 3 | 0.0% | 10.49% |
| 24 | Discover Bank | F | 5 | 0 | 60.0% | — |
| 25 | AmeriSave Mortgage | D | 5 | 1 | 40.0% | 11.13% |
What Giles County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Giles County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 447 | 258 | 21.5% | 6.75% | $115,000 |
| 2024 | 466 | 266 | 19.7% | 6.88% | $135,000 |
| 2025 | 497 | 289 | 18.3% | 6.75% | $155,000 |
Frequently asked questions
18.3% of applications in Giles County were denied in 2025, against 15.9% statewide in Virginia.
Waterstone Mortgage, with 41 applications in 2025 and a denial rate of 4.9%.
The median mortgage application in Giles County in 2025 was for $155,000; the median property value on originated loans was $225,000.