Shenandoah County, Virginia · 2025

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

199 lenders acted on 2,088 mortgage applications for properties in Shenandoah County in 2025. 16.3% were denied (Virginia: 15.9%). Median rate on closed loans 6.75%; median loan $225,000; median property value $355,000.

2.1kApplications
16.3%Denial ratestate 15.9%
6.75%Median ratestate 6.63%
$225,000Median loan
$355,000Median property value

Largest lenders in Shenandoah County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 153108 20.9%6.63%
2 Crosscountry Mortgage B 147110 4.1%6.75%
3 DuPont Community Federally Insured State-Chartered Credit Union A 12592 15.2%7.25%
4 First Bank C 10466 13.5%
5 Navy Federal Credit Union D 10054 17.0%7.19%
6 Truist Bank C 9746 41.2%7.25%
7 City National Bank of West Virginia C 8144 33.3%6.45%
8 United Shore Financial Services B 6650 9.1%6.25%
9 Integrity Home Mortgage B 6152 3.3%6.75%
10 NVR Mortgage Finance B 5840 15.5%6.25%
11 Freedom Mortgage B 5123 13.7%6.25%
12 Pennymac Loan Services C 4719 8.5%6.75%
13 Newrez D 3710 13.5%6.69%
14 F & M Bank B 3626 5.6%6.63%
15 United Bank C 3522 28.6%7.50%
16 Mortgage Research Center C 269 34.6%6.13%
17 Guild Mortgage A 2614 11.5%6.43%
18 Ark-La-Tex Financial Services, LLC. A 2621 0.0%6.63%
19 Loandepot.Com D 2415 8.3%7.88%
20 Atlantic Coast Mortgage A 2418 4.2%6.75%
21 Broker Solutions D 216 19.1%7.19%
22 Movement Mortgage A 2114 9.5%6.53%
23 Vanderbilt Mortgage and Finance F 211 28.6%9.75%
24 Figure Lending C 208 20.0%8.54%
25 AmeriSave Mortgage D 198 47.4%8.56%

Best approval odds in Shenandoah County

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

What Shenandoah County borrowers applied for

By loan purpose

Home purchase 912 44% · 8.4% denied
Refinance 286 14% · 16.1% denied
Cash-out refinance 437 21% · 22.2% denied
Home improvement 227 11% · 22.5% denied
Other / HELOC 226 11% · 30.5% denied

By loan type

Conventional 1,514 73% · 17.6% denied
FHA 361 17% · 14.4% denied
VA 178 9% · 10.7% denied
USDA / RHS 35 2% · 8.6% denied

Why applications were denied

Debt-to-income ratio 95 29%
Credit history 70 22%
Collateral 67 21%
Incomplete application 50 15%
Other 20 6%
Unverifiable information 12 4%
Insufficient cash 7 2%
Employment history 4 1%

Shenandoah County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,64696720.2%6.88%$185,000
20241,8891,14818.4%6.95%$205,000
20252,0881,25316.3%6.75%$225,000

Frequently asked questions

16.3% of applications in Shenandoah County were denied in 2025, against 15.9% statewide in Virginia.

Rocket Mortgage, with 153 applications in 2025 and a denial rate of 20.9%.

The median mortgage application in Shenandoah County in 2025 was for $225,000; the median property value on originated loans was $355,000.