ABNB Federal Credit Union · Virginia · 2025

ABNB Federal Credit Union in Virginia: approval rate, denial rate and rates (2025)

ABNB Federal Credit Union took 777 mortgage applications in Virginia in 2025, ranking #91 of 1,013 lenders active in the state. It originated 57.0% of them and denied 31.3% (34.8% of the applications it decided), against a statewide denial rate of 15.9%.

777Applicationsin VA
34.8%Decision denial ratestate 20.3%
6.37%Median ratestate 6.63%
$95,000Median loanstate $255,000
$183MVolume29 counties

ABNB Federal Credit Union in Virginia vs the state

31.3%Denial rate+15.33 pts vs state
34.8%Decision denial rate+14.56 pts vs state
57.0%Origination rate-2.51 pts vs state
6.37%Median rate-0.25 pts vs state
0.38Rate spread (pts)+0.16 pts vs state
$142kMedian applicant income
443Loans originated
243Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351831436.1%7.74%#97
202451632932.2%7.74%#107
202577744331.3%6.37%#91

What ABNB Federal Credit Union lends in Virginia

By loan purpose

Home purchase 37 5% · 18.9% denied
Refinance 230 30% · 12.6% denied
Cash-out refinance 24 3% · 37.5% denied
Home improvement 334 43% · 36.2% denied
Other / HELOC 152 20% · 50.7% denied

By loan type

Conventional 775 100% · 31.4% denied
FHA 2 0% · 0.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 118 49%
Credit history 63 26%
Incomplete application 48 20%
Collateral 8 3%
Employment history 3 1%
Unverifiable information 2 1%
Other 1 0%

Where in Virginia

Counties with the most ABNB Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 24112383 34.4%
Loudoun County 1571439 5.7%
Chesapeake city 1417250 35.5%
Norfolk city 622130 48.4%
Portsmouth city 552225 45.5%
Suffolk city 351219 54.3%
Hampton city 1697 43.8%
Newport News city 1247 58.3%
Prince William County 971 11.1%
Fairfax County 950 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: 777 applications in 2025, of which 443 were originated and 243 denied.

31.3% of all applications, or 34.8% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans ABNB Federal Credit Union originated in Virginia in 2025 was 6.37%, against a statewide median of 6.63%.

About this data. Figures are ABNB Federal Credit Union'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