Largest lenders in Russell County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Eastman Credit Union | D | 92 | 53 | 22.8% | 7.50% |
| 2 | Vanderbilt Mortgage and Finance | F | 62 | 8 | 35.5% | 9.25% |
| 3 | Rocket Mortgage | C | 48 | 34 | 14.6% | 6.56% |
| 4 | Movement Mortgage | A | 45 | 27 | 8.9% | 6.75% |
| 5 | First Bancorp | B | 40 | 34 | 2.5% | 7.50% |
| 6 | 21st Mortgage | F | 24 | 8 | 50.0% | 9.70% |
| 7 | New Peoples Bank | B | 15 | 11 | 13.3% | 7.38% |
| 8 | Truist Bank | C | 14 | 9 | 21.4% | 6.24% |
| 9 | AmeriSave Mortgage | D | 14 | 3 | 78.6% | 6.63% |
| 10 | Freedom Mortgage | B | 12 | 4 | 8.3% | 6.19% |
| 11 | Pennymac Loan Services | C | 11 | 0 | 0.0% | — |
| 12 | Southwest Stage Funding | F | 11 | 0 | 0.0% | — |
| 13 | Credit Human Federal Credit Union | D | 10 | 0 | 80.0% | — |
| 14 | Mortgage Research Center | C | 10 | 8 | 20.0% | 6.63% |
| 15 | Loandepot.Com | D | 9 | 3 | 22.2% | 6.25% |
| 16 | Atlantic Union Bank | C | 8 | 5 | 0.0% | 6.63% |
| 17 | Broker Solutions | D | 8 | 2 | 0.0% | 5.81% |
| 18 | Cardinal Financial Company, Limited Partnership | B | 7 | 4 | 28.6% | 6.37% |
| 19 | United Shore Financial Services | B | 7 | 5 | 0.0% | 5.63% |
| 20 | First Sentinel Bank | – | 7 | 6 | 14.3% | — |
| 21 | Wells Fargo Bank | B | 6 | 4 | 33.3% | 6.25% |
| 22 | TRUPoint Bank | C | 6 | 2 | 66.7% | — |
| 23 | Navy Federal Credit Union | D | 5 | 2 | 0.0% | 7.74% |
| 24 | Farm Credit of the Virginias, ACA | D | 5 | 3 | 0.0% | 8.25% |
Best approval odds in Russell County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Eastman Credit Union | 74 | 28.4% |
What Russell County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Russell County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 540 | 266 | 26.7% | 7.25% | $105,000 |
| 2024 | 584 | 301 | 23.5% | 7.13% | $115,000 |
| 2025 | 582 | 282 | 22.5% | 7.13% | $125,000 |
Frequently asked questions
22.5% of applications in Russell County were denied in 2025, against 15.9% statewide in Virginia.
Eastman Credit Union, with 92 applications in 2025 and a denial rate of 22.8%.
The median mortgage application in Russell County in 2025 was for $125,000; the median property value on originated loans was $205,000.