Largest lenders in Lee County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | F | 97 | 15 | 37.1% | 9.99% |
| 2 | Eastman Credit Union | D | 91 | 45 | 33.0% | 7.50% |
| 3 | Farmers and Miners Bank | – | 34 | 22 | 11.8% | — |
| 4 | Powell Valley National Bank | C | 33 | 26 | 9.1% | — |
| 5 | Lee Bank & Trust | – | 30 | 19 | 23.3% | — |
| 6 | Mortgage Research Center | C | 23 | 14 | 17.4% | 6.25% |
| 7 | Rocket Mortgage | C | 22 | 10 | 45.5% | 6.62% |
| 8 | 21st Mortgage | F | 15 | 5 | 40.0% | 9.51% |
| 9 | Crosscountry Mortgage | B | 15 | 7 | 6.7% | 6.63% |
| 10 | Credit Human Federal Credit Union | D | 14 | 1 | 85.7% | 8.60% |
| 11 | V.i.p. Mortgage | B | 11 | 9 | 0.0% | 6.75% |
| 12 | Movement Mortgage | A | 11 | 8 | 18.2% | 7.00% |
| 13 | AmeriSave Mortgage | D | 10 | 3 | 50.0% | 7.25% |
| 14 | Triad Financial Services | D | 9 | 0 | 66.7% | — |
| 15 | United Shore Financial Services | B | 8 | 6 | 12.5% | 5.81% |
| 16 | Hearthside Bank | C | 8 | 4 | 12.5% | — |
| 17 | Navy Federal Credit Union | D | 7 | 4 | 14.3% | 6.69% |
| 18 | Renasant Bank | B | 7 | 3 | 42.9% | 6.63% |
| 19 | Pennymac Loan Services | C | 6 | 1 | 16.7% | 7.38% |
| 20 | Guaranteed Rate | B | 5 | 2 | 0.0% | 6.18% |
| 21 | Freedom Mortgage | B | 5 | 1 | 0.0% | 6.75% |
| 22 | Loandepot.Com | D | 5 | 1 | 20.0% | 8.13% |
| 23 | Southwest Stage Funding | F | 5 | 1 | 0.0% | 9.90% |
Best approval odds in Lee County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Eastman Credit Union | 77 | 39.0% |
| 2 | Vanderbilt Mortgage and Finance | 56 | 64.3% |
What Lee County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Lee County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 482 | 214 | 25.1% | 7.09% | $95,000 |
| 2024 | 566 | 278 | 27.7% | 7.25% | $105,000 |
| 2025 | 574 | 264 | 27.0% | 7.00% | $125,000 |
Frequently asked questions
27.0% of applications in Lee County were denied in 2025, against 15.9% statewide in Virginia.
Vanderbilt Mortgage and Finance, with 97 applications in 2025 and a denial rate of 37.1%.
The median mortgage application in Lee County in 2025 was for $125,000; the median property value on originated loans was $185,000.