Largest lenders in Henry County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Alcova Mortgage | A | 151 | 115 | 2.0% | 6.63% |
| 2 | Vanderbilt Mortgage and Finance | F | 127 | 11 | 41.7% | 9.50% |
| 3 | ValleyStar Credit Union | F | 113 | 52 | 38.1% | 7.50% |
| 4 | Rocket Mortgage | C | 111 | 79 | 20.7% | 6.75% |
| 5 | Truist Bank | C | 60 | 27 | 43.3% | 7.00% |
| 6 | Mortgage Research Center | C | 55 | 28 | 16.4% | 6.50% |
| 7 | United Shore Financial Services | B | 54 | 35 | 14.8% | 6.00% |
| 8 | Atlantic Union Bank | C | 49 | 32 | 26.5% | 8.00% |
| 9 | Carter Bank & Trust | C | 44 | 34 | 15.9% | 7.25% |
| 10 | The Fidelity Bank | B | 44 | 32 | 15.9% | 8.00% |
| 11 | Pennymac Loan Services | C | 36 | 16 | 16.7% | 8.81% |
| 12 | Loandepot.Com | D | 31 | 16 | 25.8% | 7.88% |
| 13 | Coastal Community Bank | C | 27 | 10 | 0.0% | 10.24% |
| 14 | Broker Solutions | D | 26 | 8 | 15.4% | 6.81% |
| 15 | First Horizon Bank | B | 25 | 12 | 44.0% | 7.64% |
| 16 | AmeriSave Mortgage | D | 25 | 7 | 60.0% | 8.75% |
| 17 | 21st Mortgage | F | 25 | 3 | 56.0% | 9.23% |
| 18 | Atlantic Bay Mortgage Group | A | 24 | 19 | 0.0% | 6.63% |
| 19 | Navy Federal Credit Union | D | 24 | 13 | 20.8% | 5.88% |
| 20 | Freedom Mortgage | B | 20 | 12 | 20.0% | 6.25% |
| 21 | Truliant Federal Credit Union | D | 19 | 8 | 42.1% | 7.25% |
| 22 | C & F Mortgage | A | 19 | 17 | 0.0% | 6.13% |
| 23 | Newrez | D | 17 | 5 | 17.7% | 7.38% |
| 24 | Blue Ridge Bank | C | 16 | 11 | 6.3% | 6.50% |
| 25 | New Day Financial | F | 15 | 6 | 6.7% | 6.99% |
Best approval odds in Henry County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Alcova Mortgage | 133 | 2.3% |
| 2 | Rocket Mortgage | 102 | 22.6% |
| 3 | ValleyStar Credit Union | 95 | 45.3% |
| 4 | Truist Bank | 56 | 46.4% |
| 5 | Vanderbilt Mortgage and Finance | 67 | 79.1% |
What Henry County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Henry County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,363 | 696 | 25.2% | 7.00% | $105,000 |
| 2024 | 1,409 | 754 | 24.1% | 6.99% | $115,000 |
| 2025 | 1,578 | 812 | 23.7% | 6.75% | $125,000 |
Frequently asked questions
23.7% of applications in Henry County were denied in 2025, against 15.9% statewide in Virginia.
Alcova Mortgage, with 151 applications in 2025 and a denial rate of 2.0%.
The median mortgage application in Henry County in 2025 was for $125,000; the median property value on originated loans was $205,000.