Staunton city, Virginia · 2025

Mortgage lenders in Staunton city, VA: denial rates and top lenders (2025)

151 lenders acted on 1,105 mortgage applications for properties in Staunton city in 2025. 14.5% were denied (Virginia: 15.9%). Median rate on closed loans 6.75%; median loan $175,000; median property value $285,000.

1.1kApplications
14.5%Denial ratestate 15.9%
6.75%Median ratestate 6.63%
$175,000Median loan
$285,000Median property value

Largest lenders in Staunton city

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 DuPont Community Federally Insured State-Chartered Credit Union A 180138 13.3%7.25%
2 Rocket Mortgage C 6144 18.0%6.50%
3 City National Bank of West Virginia C 5135 13.7%6.33%
4 Alcova Mortgage A 4947 2.0%6.88%
5 Truist Bank C 4325 23.3%6.24%
6 Vanderbilt Mortgage and Finance F 330 51.5%
7 Atlantic Union Bank C 3119 35.5%7.74%
8 United Shore Financial Services B 2922 17.2%5.85%
9 Movement Mortgage A 2923 3.5%6.81%
10 Mortgage Research Center C 2513 0.0%6.25%
11 First Bancorp B 2018 0.0%7.13%
12 Freedom Mortgage B 208 5.0%6.44%
13 Integrity Home Mortgage B 2015 5.0%6.38%
14 Navy Federal Credit Union D 188 11.1%7.25%
15 Pennymac Loan Services C 168 25.0%7.69%
16 C & F Mortgage A 1616 0.0%6.93%
17 Atlantic Bay Mortgage Group A 1512 6.7%6.31%
18 Broker Solutions D 157 13.3%6.99%
19 First Bank C 1413 7.1%
20 American Pacific Mortgage C 139 0.0%6.99%
21 NFM A 1210 0.0%6.99%
22 CMG Mortgage A 129 0.0%6.50%
23 Dhi Mortgage Company B 128 8.3%4.99%
24 Bank of America F 116 27.3%6.49%
25 Ixonia Bank C 118 0.0%6.56%

Best approval odds in Staunton city

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

#LenderDecidedDecision denial rate
1DuPont Community Federally Insured State-Chartered Credit Union16414.6%
2Rocket Mortgage5520.0%

What Staunton city borrowers applied for

By loan purpose

Home purchase 509 46% · 8.6% denied
Refinance 171 15% · 12.3% denied
Cash-out refinance 200 18% · 22.0% denied
Home improvement 117 11% · 17.1% denied
Other / HELOC 108 10% · 28.7% denied

By loan type

Conventional 860 78% · 15.1% denied
FHA 152 14% · 17.1% denied
VA 93 8% · 4.3% denied

Why applications were denied

Debt-to-income ratio 47 30%
Credit history 41 26%
Collateral 23 15%
Incomplete application 18 12%
Other 12 8%
Unverifiable information 8 5%
Insufficient cash 5 3%
Employment history 2 1%

Staunton city by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202399061718.0%6.99%$165,000
20241,04267214.4%7.00%$185,000
20251,10572814.5%6.75%$175,000

Frequently asked questions

14.5% of applications in Staunton city were denied in 2025, against 15.9% statewide in Virginia.

DuPont Community Federally Insured State-Chartered Credit Union, with 180 applications in 2025 and a denial rate of 13.3%.

The median mortgage application in Staunton city in 2025 was for $175,000; the median property value on originated loans was $285,000.