Largest lenders in Gloucester County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | LANGLEY Federal Credit Union | C | 143 | 114 | 13.3% | 6.99% |
| 2 | Vanderbilt Mortgage and Finance | F | 106 | 9 | 38.7% | 10.75% |
| 3 | Rocket Mortgage | C | 101 | 66 | 19.8% | 6.75% |
| 4 | Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union | C | 100 | 69 | 11.0% | 7.49% |
| 5 | Atlantic Bay Mortgage Group | A | 99 | 88 | 2.0% | 6.63% |
| 6 | 1st Advantage Federal Credit Union | B | 88 | 64 | 13.6% | 5.99% |
| 7 | Movement Mortgage | A | 87 | 70 | 3.5% | 6.63% |
| 8 | Navy Federal Credit Union | D | 81 | 47 | 13.6% | 7.65% |
| 9 | Mortgage Research Center | C | 74 | 28 | 21.6% | 6.44% |
| 10 | United Shore Financial Services | B | 64 | 40 | 14.1% | 6.12% |
| 11 | Truist Bank | C | 62 | 47 | 17.7% | 6.99% |
| 12 | Pennymac Loan Services | C | 56 | 24 | 17.9% | 6.37% |
| 13 | Freedom Mortgage | B | 53 | 32 | 5.7% | 6.12% |
| 14 | Newrez | D | 39 | 9 | 15.4% | 6.50% |
| 15 | American Neighborhood Mortgage Acceptance Company | B | 38 | 26 | 0.0% | 6.50% |
| 16 | Chesapeake Bank | C | 35 | 24 | 14.3% | 7.18% |
| 17 | Calcon Mutual Mortgage | D | 29 | 25 | 0.0% | 6.50% |
| 18 | Loandepot.Com | D | 25 | 12 | 32.0% | 6.38% |
| 19 | Village Capital & Investment | C | 22 | 7 | 18.2% | 5.75% |
| 20 | Broker Solutions | D | 21 | 3 | 23.8% | 6.49% |
| 21 | Coastal Community Bank | C | 19 | 3 | 0.0% | 6.99% |
| 22 | Spring Eq | D | 18 | 6 | 55.6% | 9.80% |
| 23 | Figure Lending | C | 18 | 5 | 44.4% | 7.78% |
| 24 | Prosperity Home Mortgage | A | 17 | 17 | 0.0% | 6.63% |
| 25 | Towne Bank | B | 17 | 13 | 0.0% | 7.00% |
Best approval odds in Gloucester County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Atlantic Bay Mortgage Group | 90 | 2.2% |
| 2 | Movement Mortgage | 81 | 3.7% |
| 3 | Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union | 83 | 13.3% |
| 4 | LANGLEY Federal Credit Union | 133 | 14.3% |
| 5 | 1st Advantage Federal Credit Union | 80 | 15.0% |
| 6 | United Shore Financial Services | 54 | 16.7% |
| 7 | Truist Bank | 60 | 18.3% |
| 8 | Navy Federal Credit Union | 59 | 18.6% |
| 9 | Rocket Mortgage | 92 | 21.7% |
| 10 | Vanderbilt Mortgage and Finance | 50 | 82.0% |
What Gloucester County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Gloucester County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,544 | 895 | 18.3% | 6.99% | $190,000 |
| 2024 | 1,802 | 1,069 | 17.4% | 6.88% | $225,000 |
| 2025 | 1,987 | 1,185 | 15.6% | 6.63% | $225,000 |
Frequently asked questions
15.6% of applications in Gloucester County were denied in 2025, against 15.9% statewide in Virginia.
LANGLEY Federal Credit Union, with 143 applications in 2025 and a denial rate of 13.3%.
The median mortgage application in Gloucester County in 2025 was for $225,000; the median property value on originated loans was $365,000.