Southampton County, Virginia · 2025

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

125 lenders acted on 664 mortgage applications for properties in Southampton County in 2025. 19.4% were denied (Virginia: 15.9%). Median rate on closed loans 6.63%; median loan $185,000; median property value $330,000.

664Applications
19.4%Denial ratestate 15.9%
6.63%Median ratestate 6.63%
$185,000Median loan
$330,000Median property value

Largest lenders in Southampton County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 BRONCO Federal Credit Union C 6552 15.4%6.99%
2 Rocket Mortgage C 4629 21.7%6.50%
3 Mortgage Research Center C 3418 23.5%6.25%
4 United Shore Financial Services B 2716 25.9%5.77%
5 Vanderbilt Mortgage and Finance F 262 50.0%9.75%
6 American Neighborhood Mortgage Acceptance Company B 2522 0.0%6.63%
7 Navy Federal Credit Union D 248 25.0%6.94%
8 Freedom Mortgage B 217 9.5%6.25%
9 Towne Bank B 1813 16.7%7.76%
10 Atlantic Bay Mortgage Group A 1512 0.0%6.88%
11 Crosscountry Mortgage B 147 7.1%6.58%
12 Newrez D 148 28.6%6.69%
13 Southern Trust Mortgage B 139 15.4%6.63%
14 Movement Mortgage A 1310 0.0%6.63%
15 Pennymac Loan Services C 128 8.3%7.25%
16 Towne Mortgage B 1110 0.0%6.43%
17 Primis Bank C 118 27.3%
18 Dhi Mortgage Company B 119 0.0%4.99%
19 Truist Bank C 104 50.0%7.80%
20 LANGLEY Federal Credit Union C 105 50.0%6.74%
21 Broker Solutions D 93 22.2%6.88%
22 C & F Mortgage A 99 0.0%6.63%
23 Loandepot.Com D 92 33.3%5.68%
24 AmeriSave Mortgage D 83 50.0%7.75%
25 Bank of America F 71 57.1%6.49%

Best approval odds in Southampton County

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

#LenderDecidedDecision denial rate
1BRONCO Federal Credit Union6216.1%

What Southampton County borrowers applied for

By loan purpose

Home purchase 264 40% · 11.7% denied
Refinance 115 17% · 15.7% denied
Cash-out refinance 129 19% · 24.8% denied
Home improvement 77 12% · 24.7% denied
Other / HELOC 79 12% · 36.7% denied

By loan type

Conventional 374 56% · 25.1% denied
FHA 146 22% · 14.4% denied
VA 137 21% · 10.2% denied
USDA / RHS 7 1% · 0.0% denied

Why applications were denied

Credit history 50 40%
Debt-to-income ratio 24 19%
Collateral 15 12%
Incomplete application 14 11%
Unverifiable information 10 8%
Other 9 7%
Employment history 2 2%
Insufficient cash 2 2%

Southampton County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202354630620.7%6.75%$140,000
202462335321.2%6.99%$165,000
202566438119.4%6.63%$185,000

Frequently asked questions

19.4% of applications in Southampton County were denied in 2025, against 15.9% statewide in Virginia.

BRONCO Federal Credit Union, with 65 applications in 2025 and a denial rate of 15.4%.

The median mortgage application in Southampton County in 2025 was for $185,000; the median property value on originated loans was $330,000.