Lunenburg County, Virginia · 2025

Mortgage lenders in Lunenburg County, VA: denial rates and top lenders (2025)

97 lenders acted on 383 mortgage applications for properties in Lunenburg County in 2025. 20.4% were denied (Virginia: 15.9%). Median rate on closed loans 6.75%; median loan $135,000; median property value $235,000.

383Applications
20.4%Denial ratestate 15.9%
6.75%Median ratestate 6.63%
$135,000Median loan
$235,000Median property value

Largest lenders in Lunenburg County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Benchmark Community Bank C 4733 12.8%7.00%
2 Vanderbilt Mortgage and Finance F 322 50.0%8.50%
3 Rocket Mortgage C 2919 24.1%6.49%
4 Mortgage Research Center C 2011 20.0%6.75%
5 United Shore Financial Services B 174 29.4%6.50%
6 Truist Bank C 158 33.3%7.87%
7 Freedom Mortgage B 157 6.7%6.25%
8 Virginia Credit Union D 116 18.2%7.81%
9 Citizens Bank and Trust C 107 20.0%
10 Crosscountry Mortgage B 77 0.0%6.63%
11 Lakeview Loan Servicing C 60 66.7%
12 Newrez D 62 16.7%6.00%
13 Broker Solutions D 63 0.0%7.25%
14 Loandepot.Com D 64 33.3%6.43%
15 Navy Federal Credit Union D 63 0.0%6.38%
16 Pennymac Loan Services C 50 20.0%
17 AmeriSave Mortgage D 51 80.0%5.50%
18 Union Home Mortgage B 55 0.0%6.13%
19 Movement Mortgage A 54 0.0%6.25%
20 The Bank of Charlotte County 54 20.0%8.88%

What Lunenburg County borrowers applied for

By loan purpose

Home purchase 170 44% · 15.3% denied
Refinance 64 17% · 14.1% denied
Cash-out refinance 83 22% · 25.3% denied
Home improvement 27 7% · 18.5% denied
Other / HELOC 39 10% · 43.6% denied

By loan type

Conventional 227 59% · 24.2% denied
FHA 85 22% · 15.3% denied
VA 65 17% · 13.9% denied
USDA / RHS 6 2% · 16.7% denied

Why applications were denied

Credit history 25 33%
Debt-to-income ratio 20 26%
Collateral 12 16%
Unverifiable information 6 8%
Other 5 7%
Incomplete application 5 7%
Insufficient cash 3 4%

Lunenburg County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202325814320.2%6.99%$115,000
202434118520.2%6.99%$145,000
202538319720.4%6.75%$135,000

Frequently asked questions

20.4% of applications in Lunenburg County were denied in 2025, against 15.9% statewide in Virginia.

Benchmark Community Bank, with 47 applications in 2025 and a denial rate of 12.8%.

The median mortgage application in Lunenburg County in 2025 was for $135,000; the median property value on originated loans was $235,000.