Grayson County, Virginia · 2025

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

88 lenders acted on 450 mortgage applications for properties in Grayson County in 2025. 16.0% were denied (Virginia: 15.9%). Median rate on closed loans 6.75%; median loan $135,000; median property value $225,000.

450Applications
16.0%Denial ratestate 15.9%
6.75%Median ratestate 6.63%
$135,000Median loan
$225,000Median property value

Largest lenders in Grayson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Skyline National Bank B 7559 9.3%
2 Rocket Mortgage C 4134 12.2%6.63%
3 Vanderbilt Mortgage and Finance F 312 25.8%10.13%
4 Truist Bank C 2218 13.6%7.62%
5 Atlantic Bay Mortgage Group A 2019 0.0%6.75%
6 Truliant Federal Credit Union D 174 58.8%7.37%
7 Mortgage Research Center C 1512 6.7%6.50%
8 State Employees' C 138 15.4%6.50%
9 Emm Loans B 1212 0.0%6.50%
10 Movement Mortgage A 1111 0.0%7.13%
11 Navy Federal Credit Union D 96 0.0%6.13%
12 AmeriSave Mortgage D 71 71.4%5.13%
13 Virginia Credit Union D 73 42.9%6.25%
14 Pennymac Loan Services C 63 0.0%8.63%
15 First-Citizens Bank & Trust B 64 16.7%6.43%
16 The Bank of Marion B 62 33.3%
17 USAA Federal Savings Bank C 52 40.0%6.38%
18 Carter Bank & Trust C 53 40.0%8.38%
19 Alcova Mortgage A 54 0.0%7.06%
20 Nationstar Mortgage C 53 20.0%5.99%
21 United Shore Financial Services B 51 20.0%6.62%
22 Broker Solutions D 52 0.0%6.87%
23 Loandepot.Com D 52 0.0%8.81%
24 Click n' Close C 54 0.0%6.63%
25 Farm Credit of the Virginias, ACA D 52 20.0%8.44%

Best approval odds in Grayson County

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

#LenderDecidedDecision denial rate
1Skyline National Bank6610.6%

What Grayson County borrowers applied for

By loan purpose

Home purchase 197 44% · 9.6% denied
Refinance 66 15% · 13.6% denied
Cash-out refinance 78 17% · 21.8% denied
Home improvement 33 7% · 27.3% denied
Other / HELOC 76 17% · 23.7% denied

By loan type

Conventional 326 72% · 17.5% denied
FHA 71 16% · 14.1% denied
VA 43 10% · 11.6% denied
USDA / RHS 10 2% · 0.0% denied

Why applications were denied

Debt-to-income ratio 25 36%
Credit history 20 29%
Collateral 8 11%
Incomplete application 8 11%
Unverifiable information 7 10%
Other 2 3%

Grayson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202339023420.5%6.99%$110,000
202437320024.7%6.99%$115,000
202545027816.0%6.75%$135,000

Frequently asked questions

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

Skyline National Bank, with 75 applications in 2025 and a denial rate of 9.3%.

The median mortgage application in Grayson County in 2025 was for $135,000; the median property value on originated loans was $225,000.