Find a better mortgage lender

Surry County, Virginia · 2025

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

89 lenders acted on 334 mortgage applications for properties in Surry County in 2025. 20.7% were denied (Virginia: 15.9%). Median rate on closed loans 6.63%; median loan $205,000; median property value $365,000.

334Applications
20.7%Denial ratestate 15.9%
6.63%Median ratestate 6.63%
$205,000Median loan
$365,000Median property value

Largest lenders in Surry County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 253 32.0%9.99%
2 Rocket Mortgage C 2016 5.0%6.63%
3 Navy Federal Credit Union D 186 33.3%9.05%
4 Truist Bank C 168 37.5%6.28%
5 American Neighborhood Mortgage Acceptance Company B 1411 0.0%6.13%
6 LANGLEY Federal Credit Union C 138 30.8%7.12%
7 Movement Mortgage A 1210 0.0%6.44%
8 Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union C 128 16.7%7.49%
9 United Shore Financial Services B 118 18.2%6.00%
10 Pennymac Loan Services C 105 50.0%5.99%
11 Crosscountry Mortgage B 75 0.0%6.58%
12 Atlantic Bay Mortgage Group A 75 0.0%6.75%
13 Newrez D 74 14.3%6.00%
14 Tidewater Mortgage Services C 73 28.6%6.25%
15 AmeriSave Mortgage D 64 16.7%9.06%
16 Village Capital & Investment C 64 16.7%5.69%
17 Mutual of Omaha Mortgage C 65 16.7%6.63%
18 Southern Trust Mortgage B 63 33.3%7.00%
19 Freedom Mortgage B 51 0.0%6.25%
20 Mortgage Research Center C 51 0.0%6.99%
21 C & F Mortgage A 53 0.0%6.25%

What Surry County borrowers applied for

By loan purpose

Home purchase 151 45% · 16.6% denied
Refinance 48 14% · 12.5% denied
Cash-out refinance 64 19% · 17.2% denied
Home improvement 32 10% · 34.4% denied
Other / HELOC 39 12% · 41.0% denied

By loan type

Conventional 204 61% · 27.0% denied
FHA 64 19% · 17.2% denied
VA 63 19% · 4.8% denied
USDA / RHS 3 1% · 0.0% denied

Why applications were denied

Credit history 29 42%
Debt-to-income ratio 9 13%
Incomplete application 8 12%
Other 8 12%
Collateral 7 10%
Unverifiable information 3 4%
Insufficient cash 3 4%
Employment history 2 3%

Surry County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202324013026.7%6.75%$175,000
202426712823.6%6.75%$185,000
202533418720.7%6.63%$205,000

Frequently asked questions

20.7% of applications in Surry County were denied in 2025, against 15.9% statewide in Virginia.

Vanderbilt Mortgage and Finance, with 25 applications in 2025 and a denial rate of 32.0%.

The median mortgage application in Surry County in 2025 was for $205,000; the median property value on originated loans was $365,000.