Mortgage Lenders and Brokers in Lexington, Virginia
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Lexington, Virginia mortgage lenders include Truist BankTruist Bank537 E Nelson St, Lexington, VA 24450A+5.0 ★Texas Ratio: 2.87%, Atlantic Union BankAtlantic Union Bank1197 N Lee Hwy, Lexington, VA 24450A+5.0 ★Texas Ratio: 2.51%, Carter Bank and TrustCarter Bank and Trust116 E Midland Trl, Lexington, VA 24450A5.0 ★Texas Ratio: 7.55%, Bank of BotetourtBank of Botetourt65 E Midland Trl, Lexington, VA 24450A+5.0 ★Texas Ratio: 1.98%, Navy Federal Credit UnionNavy Federal Credit Union7678D Richmond Hwy, Alexandria, VA 22306A5.0 ★Texas Ratio: 8.14%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA106 N Washington St, Alexandria, VA 22314A+5.0 ★Texas Ratio: 3.68%, Southstate Bank, National AssociationSouthstate Bank, National Association409 S Washington Hwy, Ashland, VA 23005A+5.0 ★Texas Ratio: 2.27%, TowneBankTowneBank10035 Sliding Hill Rd, Ashland, VA 23005A+5.0 ★Texas Ratio: 1.60%, Bank of the JamesBank of the James45 S Main St, Lexington, VA 24450A+5.0 ★Texas Ratio: 1.34%, and City National BankCity National Bank8301 Greensboro Dr, Mcclean, VA 22102A+5.0 ★Texas Ratio: 5.55%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Lexington, Virginia in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Lexington are listed first, then lenders elsewhere in Virginia, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Lexington, Virginia
Market share is the lender's share of all home loans closed in Lexington, Virginia. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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★ 1 stars, 1 review 1 office in Lexington 537 E Nelson St, Lexington, VA 24450 A+5.0 ★Texas Ratio: 2.87% |
Conventional, HELOC | 1 +2 HELOCs |
1.9% | 100% | $575,000 | View |
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1 office in Lexington 1197 N Lee Hwy, Lexington, VA 24450 A+5.0 ★Texas Ratio: 2.51% |
HELOC | 0 +5 HELOCs |
0% | n/a | View | |
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1 office in Lexington 116 E Midland Trl, Lexington, VA 24450 A5.0 ★Texas Ratio: 7.55% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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65 E Midland Trl, Lexington, VA 24450 A+5.0 ★Texas Ratio: 1.98% |
Conventional | 2 | 3.8% | 100% | $170,000 | View |
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7678D Richmond Hwy, Alexandria, VA 22306 A5.0 ★Texas Ratio: 8.14% |
Conventional, HELOC | 1 +1 HELOCs |
1.9% | 100% | $115,000 | |
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106 N Washington St, Alexandria, VA 22314 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 1.9% | 100% | $455,000 | View |
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★ 5 stars, 1 review 409 S Washington Hwy, Ashland, VA 23005 A+5.0 ★Texas Ratio: 2.27% |
Conventional | 1 | 1.9% | 100% | $285,000 | View |
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10035 Sliding Hill Rd, Ashland, VA 23005 A+5.0 ★Texas Ratio: 1.60% |
Conventional | 1 | 1.9% | 100% | $265,000 | View |
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45 S Main St, Lexington, VA 24450 A+5.0 ★Texas Ratio: 1.34% |
Conventional | 1 | 1.9% | 100% | $175,000 | View |
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8301 Greensboro Dr, Mcclean, VA 22102 A+5.0 ★Texas Ratio: 5.55% |
Conventional, Jumbo | 1 | 1.9% | 100% | $985,000 | View |
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1130 N Lee Hwy, Lexington, VA 24450 A+5.0 ★Texas Ratio: 1.68% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
ALCOVA Mortgage, LLC
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Conventional, USDA | 12 | 23.1% | 100% | $280,833 | |
Atlantic Coast Mortgage, LLC
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Conventional | 2 | 3.8% | 100% | $400,000 | |
Atlantic Bay Mortgage Group
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Conventional | 2 | 3.8% | 100% | $240,000 | |
Tidewater Home Funding, LLC
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Conventional | 1 | 1.9% | 100% | $195,000 | |
Rocket Mortgage
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Conventional, FHA, VA | 5 | 9.6% | 75% | $287,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 1.9% | 100% | $345,000 | View |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional | 1 | 1.9% | 100% | $335,000 | View |
Equity Resources Inc
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Conventional | 1 | 1.9% | 100% | $465,000 | |
United Wholesale Mortgage
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Conventional | 1 | 1.9% | 100% | $165,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 1.9% | 100% | $205,000 | |
Primelending
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Conventional | 1 | 1.9% | 100% | $135,000 | |
Newrez LLC
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Conventional | 1 | 1.9% | 100% | $425,000 | |
AmeriHome Mortgage Company, LLC
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FHA | 1 | 1.9% | 100% | $225,000 | |
PHH Mortgage Corporation
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Conventional | 1 | 1.9% | 100% | $545,000 | |
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B+4.8 ★Texas Ratio: 17.16% |
Conventional | 1 | 1.9% | 100% | $435,000 | View |
Amerisave Mortgage Company
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FHA | 1 | 1.9% | 50% | $175,000 | |
loanDepot.com LLC
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Conventional | 1 | 1.9% | 100% | $45,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 1.9% | 100% | $435,000 | View |
Provident Funding Associates
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Conventional | 1 | 1.9% | 100% | $205,000 | |
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A+5.0 ★Texas Ratio: 1.10% |
Conventional | 1 | 1.9% | 100% | $205,000 | View |
Nationstar Mortgage
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Conventional | 1 | 1.9% | 100% | $335,000 | |
Uif Corporation
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Conventional | 1 | 1.9% | 100% | $315,000 | |
New American Funding, LLC.
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Conventional | 1 | 1.9% | 100% | $65,000 | |
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B+4.8 ★Texas Ratio: 16.98% |
VA | 1 | 1.9% | 100% | $425,000 | View |
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A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 1.9% | 100% | $365,000 | View |
Village Capital & Investment
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VA | 1 | 1.9% | 100% | $355,000 | |
Alliant Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Quorum Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
Lexington Mortgage Rate Trends
Daily average mortgage rates for Virginia compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Lexington, Virginia
Looking for mortgage lenders near me or mortgage brokers near me in Lexington? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Lexington in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Lexington, VA
Use these to narrow the list above. Each category shows how many Lexington, VA lenders fit and what that kind of lender is usually best for.
Who Lends in Lexington, VA
Independent mortgage companies closed 67.3 percent of home loans in Lexington, Virginia in 2025, banks 30.8 percent and credit unions 1.9 percent. ALCOVA Mortgage, LLC was the largest mortgage company, Truist Bank the largest bank and Navy Federal Credit Union the largest credit union. Among lenders headquartered in Virginia, Atlantic Union Bank led with 0 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Attorneys customarily handle closings in Virginia. State recordation tax of $0.25 per $100 on deeds and on deeds of trust (buyer/borrower), a state grantor tax of $0.50 per $500 (seller), localities may add one third of the state tax, and Northern Virginia and Hampton Roads add a regional grantor tax of $0.10 per $100 (Va. Code 58.1-801 through 58.1-803).
More Virginia Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Lexington, VA
By home loans closed in 2025, Truist Bank was the largest mortgage lender in Lexington, Virginia with 1 loans, about 1.9 percent of the market. The largest lender headquartered in Virginia was Atlantic Union Bank with 0 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
3 lenders closed FHA loans in Lexington, Virginia in 2025, led by Rocket Mortgage with 1. 3 lenders closed VA loans, led by Rocket Mortgage, and 1 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 17 banks and 4 credit unions closed home loans in Lexington, Virginia in 2025, alongside 18 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Lexington, Virginia during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Lexington, Virginia for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Lexington. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
