Middlesex County, Virginia · 2025

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

125 lenders acted on 602 mortgage applications for properties in Middlesex County in 2025. 18.6% were denied (Virginia: 15.9%). Median rate on closed loans 6.63%; median loan $205,000; median property value $385,000.

602Applications
18.6%Denial ratestate 15.9%
6.63%Median ratestate 6.63%
$205,000Median loan
$385,000Median property value

Largest lenders in Middlesex County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 3420 32.4%6.18%
2 Primis Bank C 3022 23.3%
3 Movement Mortgage A 2616 0.0%6.25%
4 Truist Bank C 2413 41.7%6.49%
5 Vanderbilt Mortgage and Finance F 245 33.3%10.25%
6 Citizens and Farmers Bank D 2218 18.2%
7 NVR Mortgage Finance B 2221 0.0%5.88%
8 LANGLEY Federal Credit Union C 2012 30.0%6.81%
9 C & F Mortgage A 2017 0.0%6.75%
10 Pennymac Loan Services C 165 18.8%6.50%
11 United Shore Financial Services B 1610 6.3%6.12%
12 Mortgage Research Center C 166 25.0%5.93%
13 Chesapeake Bank C 149 7.1%7.74%
14 Crosscountry Mortgage B 117 0.0%6.58%
15 American Neighborhood Mortgage Acceptance Company B 109 0.0%6.63%
16 1st Advantage Federal Credit Union B 108 20.0%7.50%
17 AmeriSave Mortgage D 93 55.6%7.25%
18 Atlantic Bay Mortgage Group A 97 0.0%6.50%
19 Virginia Credit Union D 97 11.1%6.63%
20 Tidewater Mortgage Services C 96 22.2%6.69%
21 Bank of America F 81 37.5%7.75%
22 Atlantic Union Bank C 73 57.1%8.00%
23 Newrez D 71 42.9%9.88%
24 Capital Center C 75 14.3%6.75%
25 Discover Bank F 60 66.7%

What Middlesex County borrowers applied for

By loan purpose

Home purchase 252 42% · 8.3% denied
Refinance 113 19% · 15.9% denied
Cash-out refinance 105 17% · 24.8% denied
Home improvement 61 10% · 31.2% denied
Other / HELOC 71 12% · 39.4% denied

By loan type

Conventional 449 75% · 20.7% denied
FHA 90 15% · 12.2% denied
VA 59 10% · 13.6% denied
USDA / RHS 4 1% · 0.0% denied

Why applications were denied

Credit history 29 28%
Debt-to-income ratio 27 26%
Incomplete application 16 15%
Collateral 15 14%
Other 7 7%
Unverifiable information 7 7%
Insufficient cash 4 4%

Middlesex County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202346927717.5%7.02%$175,000
202451230816.6%6.88%$215,000
202560235518.6%6.63%$205,000

Frequently asked questions

18.6% of applications in Middlesex County were denied in 2025, against 15.9% statewide in Virginia.

Rocket Mortgage, with 34 applications in 2025 and a denial rate of 32.4%.

The median mortgage application in Middlesex County in 2025 was for $205,000; the median property value on originated loans was $385,000.