Largest lenders in Halifax County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | C | 98 | 69 | 20.4% | 6.75% |
| 2 | Benchmark Community Bank | C | 86 | 70 | 4.7% | 7.24% |
| 3 | Vanderbilt Mortgage and Finance | F | 71 | 11 | 45.1% | 8.50% |
| 4 | Alcova Mortgage | A | 51 | 41 | 3.9% | 6.49% |
| 5 | Truist Bank | C | 39 | 19 | 28.2% | 6.90% |
| 6 | Mortgage Research Center | C | 36 | 27 | 11.1% | 6.25% |
| 7 | Broker Solutions | D | 22 | 7 | 18.2% | 7.38% |
| 8 | United Shore Financial Services | B | 20 | 8 | 20.0% | 6.44% |
| 9 | Newrez | D | 20 | 9 | 10.0% | 6.25% |
| 10 | Atlantic Union Bank | C | 19 | 10 | 36.8% | 7.06% |
| 11 | AmeriSave Mortgage | D | 18 | 3 | 83.3% | 5.75% |
| 12 | Coastal Community Bank | C | 15 | 5 | 0.0% | 11.74% |
| 13 | Wells Fargo Bank | B | 14 | 7 | 21.4% | 6.25% |
| 14 | New Day Financial | F | 14 | 3 | 42.9% | 6.49% |
| 15 | Navy Federal Credit Union | D | 14 | 6 | 28.6% | 7.38% |
| 16 | Pennymac Loan Services | C | 13 | 7 | 7.7% | 5.99% |
| 17 | Bank of America | F | 12 | 3 | 50.0% | 6.24% |
| 18 | Crosscountry Mortgage | B | 12 | 6 | 0.0% | 6.31% |
| 19 | Freedom Mortgage | B | 12 | 6 | 0.0% | 6.44% |
| 20 | Loandepot.Com | D | 12 | 4 | 33.3% | 6.87% |
| 21 | The Bank of Charlotte County | – | 10 | 5 | 10.0% | 7.39% |
| 22 | Farm Credit of the Virginias, ACA | D | 10 | 8 | 10.0% | 7.86% |
| 23 | First Horizon Bank | B | 9 | 6 | 11.1% | 8.20% |
| 24 | ValleyStar Credit Union | F | 9 | 2 | 33.3% | 6.88% |
| 25 | Virginia Credit Union | D | 9 | 5 | 33.3% | 6.13% |
Best approval odds in Halifax County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Benchmark Community Bank | 83 | 4.8% |
| 2 | Rocket Mortgage | 89 | 22.5% |
What Halifax County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Halifax County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 819 | 420 | 24.9% | 6.99% | $125,000 |
| 2024 | 783 | 429 | 22.4% | 6.99% | $125,000 |
| 2025 | 904 | 481 | 21.6% | 6.75% | $145,000 |
Frequently asked questions
21.6% of applications in Halifax County were denied in 2025, against 15.9% statewide in Virginia.
Rocket Mortgage, with 98 applications in 2025 and a denial rate of 20.4%.
The median mortgage application in Halifax County in 2025 was for $145,000; the median property value on originated loans was $220,000.