21st Mortgage · Virginia · 2025

21st Mortgage in Virginia: approval rate, denial rate and rates (2025)

21st Mortgage took 881 mortgage applications in Virginia in 2025, ranking #85 of 1,013 lenders active in the state. It originated 18.3% of them and denied 52.2% (72.8% of the applications it decided), against a statewide denial rate of 15.9%.

881Applicationsin VA
72.8%Decision denial ratestate 20.3%
9.55%Median ratestate 6.63%
$105,000Median loanstate $255,000
$18MVolume96 counties

21st Mortgage in Virginia vs the state

52.2%Denial rate+36.27 pts vs state
72.8%Decision denial rate+52.53 pts vs state
18.3%Origination rate-41.25 pts vs state
9.55%Median rate+2.93 pts vs state
4.05Rate spread (pts)+3.83 pts vs state
$63kMedian applicant income
161Loans originated
460Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,09518751.9%9.35%#59
20241,00515750.8%9.66%#74
202588116152.2%9.55%#85

What 21st Mortgage lends in Virginia

By loan purpose

Home purchase 848 96% · 50.9% denied
Refinance 13 1% · 92.3% denied
Cash-out refinance 10 1% · 90.0% denied
Home improvement 9 1% · 66.7% denied
Other / HELOC 1 0% · 100.0% denied

By loan type

Conventional 881 100% · 52.2% denied

Why it denied Virginia applicants

Credit history 287 62%
Debt-to-income ratio 111 24%
Insufficient cash 22 5%
Collateral 18 4%
Incomplete application 13 3%
Unverifiable information 6 1%
Other 2 0%
Employment history 1 0%

Where in Virginia

Counties with the most 21st Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Stafford County 71650 70.4%
Augusta County 49929 59.2%
Washington County 421412 28.6%
Campbell County 39722 56.4%
Wise County 38717 44.7%
Frederick County 34615 44.1%
Pittsylvania County 32815 46.9%
Fairfax County 26316 61.5%
Henry County 25314 56.0%
Russell County 24812 50.0%

Other large lenders in Virginia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 19,39519.3%7.75%
Rocket MortgageC 19,27414.8%6.63%
United Shore Financial ServicesB 13,99410.4%6.12%
Truist BankC 11,83831.6%6.49%
Mortgage Research CenterC 9,00016.7%6.25%
Pennymac Loan ServicesC 8,33410.7%6.38%
Freedom MortgageB 8,0296.5%6.25%
Bank of AmericaF 6,58431.9%6.24%
NewrezD 6,39016.4%6.38%
Movement MortgageA 6,1264.3%6.56%

Frequently asked questions

Virginia: 881 applications in 2025, of which 161 were originated and 460 denied.

52.2% of all applications, or 72.8% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans 21st Mortgage originated in Virginia in 2025 was 9.55%, against a statewide median of 6.63%.

About this data. Figures are 21st Mortgage's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology