Roanoke County, Virginia · 2025

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

257 lenders acted on 3,840 mortgage applications for properties in Roanoke County in 2025. 14.9% were denied (Virginia: 15.9%). Median rate on closed loans 6.63%; median loan $205,000; median property value $345,000.

3.8kApplications
14.9%Denial ratestate 15.9%
6.63%Median ratestate 6.63%
$205,000Median loan
$345,000Median property value

Largest lenders in Roanoke County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Virginia Credit Union D 270185 25.6%6.24%
2 Rocket Mortgage C 256203 12.1%6.75%
3 Atlantic Bay Mortgage Group A 241202 0.4%6.63%
4 Truist Bank C 233142 23.6%6.82%
5 FREEDOM FIRST Federal Credit Union C 152110 11.2%6.63%
6 Atlantic Union Bank C 12492 18.6%7.50%
7 United Shore Financial Services B 11686 13.8%5.87%
8 Alcova Mortgage A 11295 0.0%6.75%
9 Mortgage Research Center C 8640 18.6%6.25%
10 First-Citizens Bank & Trust B 8557 18.8%6.48%
11 Movement Mortgage A 7560 4.0%6.75%
12 Blue Eagle Credit Union C 6649 16.7%6.00%
13 Pinnacle Bank B 6557 4.6%6.63%
14 Integrity Home Mortgage B 6558 1.5%6.75%
15 Pennymac Loan Services C 6439 7.8%6.00%
16 Navy Federal Credit Union D 5535 10.9%6.75%
17 Newrez D 4926 12.2%7.63%
18 AmeriSave Mortgage D 4717 51.1%8.75%
19 Swbc Mortgage A 4541 0.0%6.75%
20 Nationstar Mortgage C 4335 9.3%8.25%
21 Guaranteed Rate B 4223 7.1%6.38%
22 Freedom Mortgage B 4223 7.1%6.63%
23 CNB Bank A 3934 10.3%6.44%
24 Fairway Independent Mortgage B 3935 0.0%6.63%
25 Broker Solutions D 399 5.1%6.99%

Best approval odds in Roanoke County

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

What Roanoke County borrowers applied for

By loan purpose

Home purchase 1,591 41% · 5.9% denied
Refinance 548 14% · 15.0% denied
Cash-out refinance 780 20% · 18.1% denied
Home improvement 410 11% · 24.6% denied
Other / HELOC 511 13% · 30.3% denied

By loan type

Conventional 2,923 76% · 16.0% denied
FHA 524 14% · 11.6% denied
VA 386 10% · 11.4% denied
USDA / RHS 7 0% · 14.3% denied

Why applications were denied

Debt-to-income ratio 165 29%
Credit history 153 27%
Incomplete application 110 19%
Collateral 57 10%
Other 46 8%
Unverifiable information 19 3%
Insufficient cash 14 2%
Employment history 6 1%

Roanoke County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,2892,07018.5%6.88%$165,000
20243,6622,38017.0%6.99%$185,000
20253,8402,54714.9%6.63%$205,000

Frequently asked questions

14.9% of applications in Roanoke County were denied in 2025, against 15.9% statewide in Virginia.

Virginia Credit Union, with 270 applications in 2025 and a denial rate of 25.6%.

The median mortgage application in Roanoke County in 2025 was for $205,000; the median property value on originated loans was $345,000.