Rockbridge County, Virginia · 2025

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

129 lenders acted on 757 mortgage applications for properties in Rockbridge County in 2025. 18.4% were denied (Virginia: 15.9%). Median rate on closed loans 6.63%; median loan $185,000; median property value $375,000.

757Applications
18.4%Denial ratestate 15.9%
6.63%Median ratestate 6.63%
$185,000Median loan
$375,000Median property value

Largest lenders in Rockbridge County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Alcova Mortgage A 6761 0.0%6.75%
2 DuPont Community Federally Insured State-Chartered Credit Union A 6648 15.2%7.25%
3 Rocket Mortgage C 5642 14.3%6.38%
4 Dhi Mortgage Company B 4635 8.7%5.00%
5 Truist Bank C 4128 24.4%6.19%
6 City National Bank of West Virginia C 2817 32.1%6.25%
7 Vanderbilt Mortgage and Finance F 283 35.7%11.99%
8 Atlantic Union Bank C 1914 15.8%7.50%
9 Atlantic Bay Mortgage Group A 1915 0.0%6.38%
10 Navy Federal Credit Union D 1910 15.8%7.75%
11 Pennymac Loan Services C 185 22.2%6.25%
12 Mortgage Research Center C 169 6.3%5.99%
13 Bank of Botetourt A 1512 20.0%
14 Newrez D 143 0.0%6.25%
15 Beacon Credit Union C 135 23.1%6.10%
16 Wells Fargo Bank B 105 30.0%6.25%
17 United Shore Financial Services B 104 10.0%7.31%
18 Coastal Community Bank C 95 0.0%10.49%
19 Broker Solutions D 82 0.0%8.06%
20 Loandepot.Com D 86 25.0%7.31%
21 USAA Federal Savings Bank C 74 14.3%6.75%
22 Spring Eq D 71 42.9%9.65%
23 Farm Credit of the Virginias, ACA D 72 14.3%7.94%
24 AmeriSave Mortgage D 60 100.0%
25 Village Capital & Investment C 62 0.0%6.37%

Best approval odds in Rockbridge County

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

#LenderDecidedDecision denial rate
1Alcova Mortgage640.0%
2Rocket Mortgage5016.0%
3DuPont Community Federally Insured State-Chartered Credit Union5917.0%

What Rockbridge County borrowers applied for

By loan purpose

Home purchase 323 43% · 9.0% denied
Refinance 129 17% · 17.8% denied
Cash-out refinance 136 18% · 26.5% denied
Home improvement 78 10% · 28.2% denied
Other / HELOC 91 12% · 31.9% denied

By loan type

Conventional 556 73% · 20.7% denied
FHA 103 14% · 12.6% denied
VA 79 10% · 12.7% denied
USDA / RHS 19 3% · 5.3% denied

Why applications were denied

Debt-to-income ratio 46 34%
Credit history 32 24%
Collateral 25 19%
Incomplete application 13 10%
Unverifiable information 10 7%
Other 7 5%
Employment history 2 1%

Rockbridge County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202355034319.3%6.92%$160,000
202462338017.5%6.99%$165,000
202575744518.4%6.63%$185,000

Frequently asked questions

18.4% of applications in Rockbridge County were denied in 2025, against 15.9% statewide in Virginia.

Alcova Mortgage, with 67 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Rockbridge County in 2025 was for $185,000; the median property value on originated loans was $375,000.