Sussex County, Virginia · 2025

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

102 lenders acted on 367 mortgage applications for properties in Sussex County in 2025. 24.0% were denied (Virginia: 15.9%). Median rate on closed loans 6.75%; median loan $155,000; median property value $255,000.

367Applications
24.0%Denial ratestate 15.9%
6.75%Median ratestate 6.63%
$155,000Median loan
$255,000Median property value

Largest lenders in Sussex County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 476 31.9%10.87%
2 Pennymac Loan Services C 187 16.7%6.13%
3 Rocket Mortgage C 1812 16.7%6.49%
4 Mortgage Research Center C 157 46.7%6.75%
5 Truist Bank C 128 33.3%8.00%
6 AmeriSave Mortgage D 122 83.3%6.31%
7 Atlantic Bay Mortgage Group A 118 0.0%6.81%
8 Movement Mortgage A 108 0.0%7.03%
9 Virginia Credit Union D 106 20.0%7.00%
10 United Shore Financial Services B 97 22.2%6.12%
11 American Financial Network C 96 11.1%7.63%
12 Freedom Mortgage B 83 12.5%6.25%
13 American Neighborhood Mortgage Acceptance Company B 85 0.0%6.75%
14 21st Mortgage F 70 71.4%
15 Crosscountry Mortgage B 75 0.0%6.49%
16 Newrez D 71 28.6%6.25%
17 Tidewater Mortgage Services C 76 0.0%5.81%
18 Navy Federal Credit Union D 72 57.1%7.56%
19 Peoples Advantage Federal Credit Union F 64 33.3%
20 Primis Bank C 54 0.0%
21 Towne Bank B 55 0.0%7.25%
22 Southwest Stage Funding F 50 0.0%

What Sussex County borrowers applied for

By loan purpose

Home purchase 194 53% · 17.5% denied
Refinance 40 11% · 17.5% denied
Cash-out refinance 80 22% · 38.8% denied
Home improvement 28 8% · 35.7% denied
Other / HELOC 25 7% · 24.0% denied

By loan type

Conventional 208 57% · 25.5% denied
FHA 99 27% · 23.2% denied
VA 51 14% · 21.6% denied
USDA / RHS 9 2% · 11.1% denied

Why applications were denied

Credit history 29 34%
Debt-to-income ratio 16 19%
Collateral 12 14%
Unverifiable information 11 13%
Other 9 11%
Incomplete application 6 7%
Insufficient cash 2 2%

Sussex County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202327713827.1%6.99%$155,000
202432116321.5%6.75%$155,000
202536717024.0%6.75%$155,000

Frequently asked questions

24.0% of applications in Sussex County were denied in 2025, against 15.9% statewide in Virginia.

Vanderbilt Mortgage and Finance, with 47 applications in 2025 and a denial rate of 31.9%.

The median mortgage application in Sussex County in 2025 was for $155,000; the median property value on originated loans was $255,000.