AAFMAA Mortgage Services · Virginia · 2025

AAFMAA Mortgage Services in Virginia: approval rate, denial rate and rates (2025)

AAFMAA Mortgage Services took 32 mortgage applications in Virginia in 2025, ranking #432 of 1,013 lenders active in the state. It originated 71.9% of them and denied 9.4% (11.5% of the applications it decided), against a statewide denial rate of 15.9%.

32Applicationsin VA
11.5%Decision denial ratestate 20.3%
6.50%Median ratestate 6.63%
$415,000Median loanstate $255,000
$10MVolume16 counties

AAFMAA Mortgage Services in Virginia vs the state

9.4%Denial rate-6.56 pts vs state
11.5%Decision denial rate-8.71 pts vs state
71.9%Origination rate+12.36 pts vs state
6.50%Median rate-0.13 pts vs state
-0.16Rate spread (pts)-0.38 pts vs state
$136kMedian applicant income
23Loans originated
3Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202335218.6%7.13%#405
202425174.0%6.50%#456
202532239.4%6.50%#432

What AAFMAA Mortgage Services lends in Virginia

By loan purpose

Home purchase 21 66% · 14.3% denied
Refinance 3 9% · 0.0% denied
Cash-out refinance 8 25% · 0.0% denied

By loan type

Conventional 9 28% · 0.0% denied
FHA 3 9% · 0.0% denied
VA 20 63% · 15.0% denied

Why it denied Virginia applicants

Collateral 2 67%
Unverifiable information 1 33%

Where in Virginia

Counties with the most AAFMAA Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 750 0.0%
Frederick County 440 0.0%
Virginia Beach city 431 25.0%
Gloucester County 200 0.0%
Pittsylvania County 210 0.0%
Hampton city 220 0.0%
Loudoun County 220 0.0%
James City County 110 0.0%
Norfolk city 100 0.0%
Rockbridge County 110 0.0%

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: 32 applications in 2025, of which 23 were originated and 3 denied.

9.4% of all applications, or 11.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans AAFMAA Mortgage Services originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are AAFMAA Mortgage Services'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