# Best Mortgage Lenders in Blacksburg

**As of:** 2026-05-22

Compare the top mortgage lenders in Blacksburg. Data-driven rankings based on pricing, approval rates, and local market expertise.

> **Canonical URL:** https://saferate.com/blacksburg/best-mortgage-lenders


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


## Market Statistics

- **Total Lenders:** 25
- **Total Loans:** 1,216
- **Median Rate Spread:** 0.37588%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | FREEDOM FIRST Federal Credit Union | 86 | 63 | 72 | 93 | Credit Union |
| 2 | First Heritage Mortgage, LLC | 84 | 51 | 89 | 106 | Independent Mortgage Company |
| 3 | UNITED WHOLESALE MORTGAGE, LLC | 84 | 41 | 93 | 81 | Independent Mortgage Company |
| 4 | Alcova Mortgage LLC | 74 | 32 | 90 | 168 | Independent Mortgage Company |
| 5 | ROCKET MORTGAGE, LLC | 74 | 29 | 95 | 125 | Independent Mortgage Company |
| 6 | MOVEMENT MORTGAGE, LLC | 74 | 32 | 84 | 101 | Independent Mortgage Company |
| 7 | ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 74 | 25 | 90 | 90 | Independent Mortgage Company |
| 8 | Atlantic Union Bank | 73 | 42 | 76 | 30 | Bank |
| 9 | Renasant Bank | 68 | 38 | 81 | 41 | Bank |
| 10 | Prosperity Home Mortgage, LLC | 63 | 37 | 77 | 75 | Independent Mortgage Company |
| 11 | Mortgage Research Center, LLC | 63 | 34 | 70 | 30 | Independent Mortgage Company |
| 12 | CMG MORTGAGE, INC. | 62 | 33 | 81 | 22 | Independent Mortgage Company |
| 13 | Celco Community Federal Credit Union | 58 | 34 | 43 | 23 | Credit Union |
| 14 | Waterstone Mortgage Corporation | 50 | 15 | 80 | 61 | Independent Mortgage Company |
| 15 | FIRST BANCORP, INC. | 46 | 16 | 49 | 25 | Bank |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within Blacksburg.

Our composite SafeRate Score is derived using an equal, geometric weighting of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.