# Best Conventional Mortgage Lenders in Blacksburg

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

Compare the top Conventional mortgage lenders in Blacksburg. Data-driven rankings based on rates, fees, and approval rates.

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


> **📋 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 | First Heritage Mortgage, LLC | 88 | 47 | 81 | 106 | Independent Mortgage Company |
| 2 | Alcova Mortgage LLC | 80 | 31 | 82 | 168 | Independent Mortgage Company |
| 3 | ROCKET MORTGAGE, LLC | 80 | 28 | 87 | 125 | Independent Mortgage Company |
| 4 | ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 80 | 25 | 80 | 90 | Independent Mortgage Company |
| 5 | UNITED WHOLESALE MORTGAGE, LLC | 80 | 36 | 86 | 81 | Independent Mortgage Company |
| 6 | FREEDOM FIRST Federal Credit Union | 79 | 58 | 73 | 93 | Credit Union |
| 7 | Truist Bank | 79 | 71 | 69 | 13 | Bank |
| 8 | First Reliance Bank | 79 | 61 | 81 | 11 | Bank |
| 9 | NAVY FEDERAL CREDIT UNION | 77 | 92 | 53 | 16 | Credit Union |
| 10 | MOVEMENT MORTGAGE, LLC | 75 | 34 | 77 | 101 | Independent Mortgage Company |
| 11 | Atlantic Union Bank | 74 | 43 | 67 | 30 | Bank |
| 12 | Wells Fargo Bank, National Association | 73 | 61 | 57 | 18 | Bank |
| 13 | Prosperity Home Mortgage, LLC | 71 | 33 | 71 | 75 | Independent Mortgage Company |
| 14 | Renasant Bank | 71 | 35 | 77 | 41 | Bank |
| 15 | Truliant Federal Credit Union | 69 | 63 | 55 | 15 | Credit Union |
| 16 | CMG MORTGAGE, INC. | 66 | 34 | 73 | 22 | Independent Mortgage Company |
| 17 | NATIONSTAR MORTGAGE LLC | 66 | 27 | 64 | 16 | Independent Mortgage Company |
| 18 | UNION HOME MORTGAGE CORP. | 66 | 23 | 77 | 14 | Independent Mortgage Company |
| 19 | Waterstone Mortgage Corporation | 60 | 17 | 72 | 61 | Independent Mortgage Company |
| 20 | FIRST BANCORP, INC. | 57 | 16 | 62 | 25 | Bank |
| 21 | Celco Community Federal Credit Union | 57 | 35 | 64 | 23 | Credit Union |
| 22 | The Federal Savings Bank | 49 | 18 | 58 | 19 | 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. **Product Knowledge:** Evaluates the lender's specific experience and volume originating the selected loan product.
4. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.