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Williamsburg city, Virginia · 2025

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

90 lenders acted on 341 mortgage applications for properties in Williamsburg city in 2025. 19.7% were denied (Virginia: 15.9%). Median rate on closed loans 6.63%; median loan $225,000; median property value $445,000.

341Applications
19.7%Denial ratestate 15.9%
6.63%Median ratestate 6.63%
$225,000Median loan
$445,000Median property value

Largest lenders in Williamsburg city

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 230 47.8%—
2 Truist Bank C 1911 36.8%6.90%
3 Rocket Mortgage C 1913 15.8%6.75%
4 Navy Federal Credit Union D 1510 20.0%6.50%
5 Freedom Mortgage B 137 0.0%6.25%
6 Movement Mortgage A 118 9.1%6.38%
7 American Neighborhood Mortgage Acceptance Company B 106 0.0%7.13%
8 LANGLEY Federal Credit Union C 1010 0.0%6.99%
9 Prosperity Home Mortgage A 107 10.0%6.50%
10 1st Advantage Federal Credit Union B 96 22.2%6.12%
11 Atlantic Bay Mortgage Group A 88 0.0%6.38%
12 Newrez D 82 25.0%7.81%
13 Towne Bank B 87 0.0%7.00%
14 Mortgage Research Center C 73 14.3%6.50%
15 Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit Union C 75 14.3%6.14%
16 Pennymac Loan Services C 61 0.0%5.38%
17 JPMorgan Chase Bank B 64 16.7%6.38%
18 Alcova Mortgage A 64 0.0%5.99%
19 Towne Mortgage B 65 0.0%7.49%
20 Bank of America F 51 40.0%5.38%
21 Angel Oak Mortgage Solutions D 52 60.0%7.25%
22 United Shore Financial Services B 55 0.0%5.88%

What Williamsburg city borrowers applied for

By loan purpose

Home purchase 174 51% · 12.1% denied
Refinance 50 15% · 14.0% denied
Cash-out refinance 51 15% · 35.3% denied
Home improvement 30 9% · 33.3% denied
Other / HELOC 36 11% · 30.6% denied

By loan type

Conventional 263 77% · 22.4% denied
FHA 18 5% · 22.2% denied
VA 60 18% · 6.7% denied

Why applications were denied

Debt-to-income ratio 18 27%
Credit history 17 25%
Other 11 16%
Collateral 10 15%
Incomplete application 8 12%
Unverifiable information 3 4%

Williamsburg city by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202328117312.1%6.75%$205,000
202434518123.8%6.75%$205,000
202534118819.7%6.63%$225,000

Frequently asked questions

19.7% of applications in Williamsburg city were denied in 2025, against 15.9% statewide in Virginia.

Vanderbilt Mortgage and Finance, with 23 applications in 2025 and a denial rate of 47.8%.

The median mortgage application in Williamsburg city in 2025 was for $225,000; the median property value on originated loans was $445,000.