# Best FHA Mortgage Lenders in Blacksburg

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

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

> **Canonical URL:** https://saferate.com/blacksburg/best-mortgage-lenders/fha-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 | 95 | 68 | 84 | 106 | Independent Mortgage Company |
| 2 | FREEDOM FIRST Federal Credit Union | 89 | 81 | 68 | 93 | Credit Union |
| 3 | UNITED WHOLESALE MORTGAGE, LLC | 88 | 52 | 81 | 81 | Independent Mortgage Company |
| 4 | Prosperity Home Mortgage, LLC | 85 | 63 | 72 | 75 | Independent Mortgage Company |
| 5 | Alcova Mortgage LLC | 80 | 39 | 85 | 168 | Independent Mortgage Company |
| 6 | ROCKET MORTGAGE, LLC | 80 | 36 | 81 | 125 | Independent Mortgage Company |
| 7 | ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 80 | 28 | 84 | 90 | Independent Mortgage Company |
| 8 | MOVEMENT MORTGAGE, LLC | 75 | 30 | 79 | 101 | Independent Mortgage Company |
| 9 | PENNYMAC LOAN SERVICES, LLC | 73 | 78 | 59 | 13 | Independent Mortgage Company |
| 10 | FREEDOM MORTGAGE CORPORATION | 71 | 65 | 62 | 10 | Independent Mortgage Company |
| 11 | Waterstone Mortgage Corporation | 63 | 11 | 80 | 61 | Independent Mortgage Company |

## 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.