Harrisonburg city, Virginia · 2025

Mortgage lenders in Harrisonburg city, VA: denial rates and top lenders (2025)

144 lenders acted on 792 mortgage applications for properties in Harrisonburg city in 2025. 16.2% were denied (Virginia: 15.9%). Median rate on closed loans 6.75%; median loan $205,000; median property value $335,000.

792Applications
16.2%Denial ratestate 15.9%
6.75%Median ratestate 6.63%
$205,000Median loan
$335,000Median property value

Largest lenders in Harrisonburg city

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 DuPont Community Federally Insured State-Chartered Credit Union A 6854 8.8%7.38%
2 F & M Bank B 5041 2.0%6.75%
3 Truist Bank C 4725 42.6%6.38%
4 NVR Mortgage Finance B 4534 15.6%6.13%
5 Rocket Mortgage C 3427 11.8%6.63%
6 Movement Mortgage A 3320 3.0%6.13%
7 United Shore Financial Services B 2921 6.9%6.13%
8 Park View Federal Credit Union A 2827 3.6%7.00%
9 Integrity Home Mortgage B 2318 4.4%6.69%
10 Atlantic Union Bank C 1810 38.9%7.31%
11 Coastal Community Bank C 150 0.0%
12 Alcova Mortgage A 1413 0.0%6.75%
13 Lower C 139 0.0%6.63%
14 United Bank C 1210 0.0%6.63%
15 Total Mortgage Services B 117 0.0%6.88%
16 Newrez D 113 45.5%6.63%
17 Vanderbilt Mortgage and Finance F 110 54.6%
18 Wells Fargo Bank B 105 20.0%6.75%
19 Commonwealth One D 105 40.0%6.62%
20 Virginia Credit Union D 109 0.0%6.26%
21 Bank of America F 92 44.4%5.99%
22 Broker Solutions D 85 0.0%6.63%
23 Lendingone F 80 50.0%
24 Pendleton Community Bank B 88 0.0%
25 Discover Bank F 72 14.3%11.54%

Best approval odds in Harrisonburg city

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

#LenderDecidedDecision denial rate
1DuPont Community Federally Insured State-Chartered Credit Union619.8%

What Harrisonburg city borrowers applied for

By loan purpose

Home purchase 395 50% · 7.3% denied
Refinance 85 11% · 14.1% denied
Cash-out refinance 144 18% · 29.9% denied
Home improvement 72 9% · 12.5% denied
Other / HELOC 96 12% · 36.5% denied

By loan type

Conventional 666 84% · 15.6% denied
FHA 97 12% · 17.5% denied
VA 28 4% · 25.0% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 51 40%
Credit history 25 20%
Incomplete application 21 17%
Collateral 11 9%
Other 10 8%
Unverifiable information 6 5%
Employment history 2 2%
Insufficient cash 1 1%

Harrisonburg city by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202375747616.0%6.88%$195,000
202484657715.4%6.99%$215,000
202579249816.2%6.75%$205,000

Frequently asked questions

16.2% of applications in Harrisonburg city were denied in 2025, against 15.9% statewide in Virginia.

DuPont Community Federally Insured State-Chartered Credit Union, with 68 applications in 2025 and a denial rate of 8.8%.

The median mortgage application in Harrisonburg city in 2025 was for $205,000; the median property value on originated loans was $335,000.