Find a better mortgage lender

Isle of Wight County, Virginia · 2025

Mortgage lenders in Isle of Wight County, VA: denial rates and top lenders (2025)

191 lenders acted on 2,311 mortgage applications for properties in Isle of Wight County in 2025. 14.8% were denied (Virginia: 15.9%). Median rate on closed loans 6.50%; median loan $285,000; median property value $445,000.

2.3kApplications
14.8%Denial ratestate 15.9%
6.50%Median ratestate 6.63%
$285,000Median loan
$445,000Median property value

Largest lenders in Isle of Wight County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Navy Federal Credit Union D 14171 19.9%8.20%
2 NVR Mortgage Finance B 13385 22.6%6.25%
3 Rocket Mortgage C 12194 12.4%6.63%
4 LANGLEY Federal Credit Union C 11694 11.2%6.99%
5 Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union C 11073 10.0%7.25%
6 American Neighborhood Mortgage Acceptance Company B 9681 0.0%6.63%
7 United Shore Financial Services B 9171 8.8%5.75%
8 Vanderbilt Mortgage and Finance F 8715 39.1%10.99%
9 Mortgage Research Center C 8244 18.3%5.99%
10 Freedom Mortgage B 7534 4.0%6.25%
11 Movement Mortgage A 7243 4.2%6.50%
12 Atlantic Bay Mortgage Group A 6454 1.6%6.56%
13 Pennymac Loan Services C 5530 9.1%6.06%
14 Newrez D 5516 12.7%5.94%
15 Truist Bank C 5119 33.3%6.88%
16 Towne Bank B 4637 6.5%7.00%
17 Broker Solutions D 338 15.2%6.43%
18 AmeriSave Mortgage D 2811 46.4%6.75%
19 Crosscountry Mortgage B 2823 3.6%6.58%
20 Bank of America F 2213 31.8%6.38%
21 Calcon Mutual Mortgage D 2115 0.0%6.50%
22 Coastal Community Bank C 214 4.8%10.74%
23 Figure Lending C 2113 9.5%8.30%
24 Loandepot.Com D 2015 20.0%7.75%
25 Village Capital & Investment C 185 11.1%5.38%

Best approval odds in Isle of Wight County

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

#LenderDecidedDecision denial rate
1American Neighborhood Mortgage Acceptance Company820.0%
2Atlantic Bay Mortgage Group561.8%
3Movement Mortgage575.3%
4United Shore Financial Services849.5%
5LANGLEY Federal Credit Union10812.0%
6Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union8912.4%
7Rocket Mortgage11213.4%
8Mortgage Research Center5925.4%
9NVR Mortgage Finance11526.1%
10Navy Federal Credit Union10028.0%

What Isle of Wight County borrowers applied for

By loan purpose

Home purchase 1,007 44% · 12.0% denied
Refinance 400 17% · 10.0% denied
Cash-out refinance 407 18% · 18.2% denied
Home improvement 233 10% · 20.2% denied
Other / HELOC 264 11% · 22.4% denied

By loan type

Conventional 1,339 58% · 17.4% denied
FHA 277 12% · 13.4% denied
VA 687 30% · 10.3% denied
USDA / RHS 8 0% · 0.0% denied

Why applications were denied

Credit history 98 29%
Debt-to-income ratio 73 21%
Other 44 13%
Incomplete application 44 13%
Collateral 39 11%
Unverifiable information 25 7%
Insufficient cash 11 3%
Employment history 7 2%

Isle of Wight County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,7871,04617.0%6.99%$215,000
20242,0651,20317.7%6.75%$245,000
20252,3111,38414.8%6.50%$285,000

Frequently asked questions

14.8% of applications in Isle of Wight County were denied in 2025, against 15.9% statewide in Virginia.

Navy Federal Credit Union, with 141 applications in 2025 and a denial rate of 19.9%.

The median mortgage application in Isle of Wight County in 2025 was for $285,000; the median property value on originated loans was $445,000.