Radford city, Virginia · 2025

Mortgage lenders in Radford city, VA: denial rates and top lenders (2025)

82 lenders acted on 354 mortgage applications for properties in Radford city in 2025. 14.1% were denied (Virginia: 15.9%). Median rate on closed loans 6.75%; median loan $185,000; median property value $275,000.

354Applications
14.1%Denial ratestate 15.9%
6.75%Median ratestate 6.63%
$185,000Median loan
$275,000Median property value

Largest lenders in Radford city

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 3024 16.7%6.81%
2 Truliant Federal Credit Union D 2212 31.8%7.26%
3 Atlantic Bay Mortgage Group A 2222 0.0%6.81%
4 Truist Bank C 1911 31.6%7.60%
5 Atlantic Union Bank C 1816 11.1%7.50%
6 Waterstone Mortgage C 1612 0.0%6.44%
7 Movement Mortgage A 1410 0.0%6.99%
8 Alcova Mortgage A 1310 0.0%6.44%
9 FREEDOM FIRST Federal Credit Union C 1312 7.7%6.25%
10 First Bancorp B 109 0.0%7.50%
11 Prosperity Home Mortgage A 107 0.0%6.50%
12 United Shore Financial Services B 86 25.0%6.37%
13 Pennymac Loan Services C 74 14.3%6.63%
14 First Heritage Mortgage A 77 0.0%6.38%
15 Virginia Credit Union D 73 28.6%6.24%
16 Coastal Community Bank C 62 0.0%8.99%
17 Vanderbilt Mortgage and Finance F 60 66.7%
18 Figure Lending C 63 16.7%8.65%
19 Skyline National Bank B 66 0.0%
20 Union Home Mortgage B 54 20.0%6.44%
21 Carrington Mortgage Services D 53 20.0%9.63%
22 National Bankshares A 55 0.0%

What Radford city borrowers applied for

By loan purpose

Home purchase 172 49% · 7.0% denied
Refinance 43 12% · 18.6% denied
Cash-out refinance 59 17% · 18.6% denied
Home improvement 31 9% · 32.3% denied
Other / HELOC 49 14% · 18.4% denied

By loan type

Conventional 273 77% · 15.0% denied
FHA 50 14% · 8.0% denied
VA 19 5% · 21.1% denied
USDA / RHS 12 3% · 8.3% denied

Why applications were denied

Credit history 11 22%
Debt-to-income ratio 10 20%
Incomplete application 10 20%
Collateral 9 18%
Unverifiable information 4 8%
Other 4 8%
Employment history 1 2%
Insufficient cash 1 2%

Radford city by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202331017818.7%6.87%$155,000
202437323716.1%7.13%$175,000
202535425214.1%6.75%$185,000

Frequently asked questions

14.1% of applications in Radford city were denied in 2025, against 15.9% statewide in Virginia.

Rocket Mortgage, with 30 applications in 2025 and a denial rate of 16.7%.

The median mortgage application in Radford city in 2025 was for $185,000; the median property value on originated loans was $275,000.