Mortgage lending in Covington city, Virginia
Lenders in Covington city, Virginia reported 152 mortgage applications for 2025, according to the CFPB.
152 mortgage applications and 89 loans originated in 2025; the denial rate was 21.4% of 126 applications decided. The median loan was about $115,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Alleghany County-Clifton Forge city-Covington city, VA HUD Nonmetro FMR Area.
- 152
- Applications
- 89
- Loans originated
- 21.4%
- Denial rate
- 27 denied of 126 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 152 | 89 |
| 2024 | 134 | 86 |
| 2023 | 109 | 64 |
| 2022 | 162 | 110 |
| 2021 | 182 | 124 |
| 2020 | 118 | 95 |
| 2019 | 125 | 80 |
| 2018 | 131 | 78 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| ALCOVA Mortgage, LLC | 52 | 63 |
| Pennymac Loan Services LLC | 3 | 7 |
| First Bank | 2 | 2 |
| Vanderbilt Mortgage and Finance, Inc | 2 | 2 |
| Planet Home Lending, LLC | 2 | 2 |
| Integrity Home Mortgage Corporation | 2 | 2 |
| First Heritage Mortgage, LLC | 2 | 2 |
| Rocket Mortgage | 2 | 4 |
| Newrez LLC | 2 | 5 |
| United Wholesale Mortgage | 2 | 2 |
| Bank of Botetourt | 2 | 3 |
| Atlantic Union Bank | 2 | 6 |
| Call Federal | 1 | 1 |
| Loansteady LLC | 1 | 1 |
| Ark-LA-Tex Financial Services LLC | 1 | 1 |
| Prosperity Home Mortgage, LLC | 1 | 1 |
| Guild Mortgage Company | 1 | 1 |
| Pinnacle Bank | 1 | 1 |
| Mortgage Research Center | 1 | 3 |
| CMG Mortgage Inc | 1 | 1 |
| Nationstar Mortgage | 1 | 1 |
| Mutual of Omaha Mortgage | 1 | 1 |
| Carrington Mortgage Services LLC | 1 | 1 |
| State Employees' Credit Union | 1 | 1 |
| Amerisave Mortgage Company | 1 | 5 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | under 10 | |
| Asian | under 10 | |
| Black or African American | under 10 | |
| Native Hawaiian or Other Pacific Islander | under 10 | |
| White | 119 | 19.6% of 102 decided |
| Joint | under 10 | |
| Race Not Available | 21 | no rate: base under 50 |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | under 10 | |
| Not Hispanic or Latino | 129 | 19.3% of 109 decided |
| Ethnicity Not Available | withheld |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 60 | no rate: base under 50 |
| Female | 44 | no rate: base under 50 |
| Joint | 37 | no rate: base under 50 |
| Sex Not Available | 11 | no rate: base under 50 |
A category under 10 applications prints “under 10”, and beside a lone one the next-smallest is withheld too, so neither can be worked out from the whole. No rate is printed on fewer than 50 decisions. A denial rate does not control for credit history, income, debt or the property, so a difference between groups is not a measure of discrimination.
Rankings this appears in
- No. 2618 Counties by median mortgage
Sources
- HMDA public loan/application register (LAR) — each year's fullest national release — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- Census Bureau population estimates — nation and states, with components of change — U.S. Census Bureau · U.S. Government work · retrieved September 25, 2026
- HMDA transmittal sheet — every reporting lender, by year, with its name — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder
- Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026
Compiled automatically from HMDA public loan/application register (LAR) — each year's fullest national release, Census Bureau population estimates — nation and states, with components of change, HMDA transmittal sheet — every reporting lender, by year, with its name, HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved