Prince Edward County, Virginia · 2025

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

124 lenders acted on 700 mortgage applications for properties in Prince Edward County in 2025. 21.7% were denied (Virginia: 15.9%). Median rate on closed loans 6.63%; median loan $165,000; median property value $295,000.

700Applications
21.7%Denial ratestate 15.9%
6.63%Median ratestate 6.63%
$165,000Median loan
$295,000Median property value

Largest lenders in Prince Edward County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 1235 46.3%8.50%
2 Rocket Mortgage C 3929 5.1%6.50%
3 Benchmark Community Bank C 3829 5.3%7.24%
4 Virginia Credit Union D 3223 18.8%6.75%
5 Mortgage Research Center C 2515 16.0%6.50%
6 Alcova Mortgage A 2220 0.0%6.93%
7 Truist Bank C 219 33.3%7.35%
8 Navy Federal Credit Union D 205 25.0%6.75%
9 United Shore Financial Services B 1912 5.3%5.75%
10 Pennymac Loan Services C 1711 5.9%6.62%
11 Citizens Bank and Trust C 148 42.9%
12 Freedom Mortgage B 124 8.3%6.25%
13 C & F Mortgage A 129 16.7%5.99%
14 Wells Fargo Bank B 117 9.1%6.38%
15 The Farmers Bank of Appomattox A 119 18.2%
16 Newrez D 117 18.2%6.99%
17 AmeriSave Mortgage D 100 60.0%
18 Loandepot.Com D 93 55.6%8.38%
19 Crosscountry Mortgage B 85 0.0%6.99%
20 Equity Prime Mortgage D 82 25.0%7.56%
21 C&F Select B 76 0.0%6.69%
22 Mutual of Omaha Mortgage C 75 14.3%6.75%
23 Broker Solutions D 70 14.3%
24 Capital Center C 73 28.6%5.88%
25 Movement Mortgage A 65 0.0%6.75%

Best approval odds in Prince Edward County

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

#LenderDecidedDecision denial rate
1Vanderbilt Mortgage and Finance6489.1%

What Prince Edward County borrowers applied for

By loan purpose

Home purchase 381 54% · 22.1% denied
Refinance 81 12% · 14.8% denied
Cash-out refinance 136 19% · 19.1% denied
Home improvement 44 6% · 31.8% denied
Other / HELOC 58 8% · 27.6% denied

By loan type

Conventional 463 66% · 26.4% denied
FHA 140 20% · 11.4% denied
VA 86 12% · 16.3% denied
USDA / RHS 11 2% · 0.0% denied

Why applications were denied

Credit history 62 43%
Unverifiable information 23 16%
Debt-to-income ratio 21 15%
Collateral 18 13%
Incomplete application 10 7%
Other 8 6%
Insufficient cash 1 1%

Prince Edward County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202356426726.8%7.00%$145,000
202463431422.2%6.92%$165,000
202570034821.7%6.63%$165,000

Frequently asked questions

21.7% of applications in Prince Edward County were denied in 2025, against 15.9% statewide in Virginia.

Vanderbilt Mortgage and Finance, with 123 applications in 2025 and a denial rate of 46.3%.

The median mortgage application in Prince Edward County in 2025 was for $165,000; the median property value on originated loans was $295,000.