Affinity · Virginia · 2025

Affinity in Virginia: approval rate, denial rate and rates (2025)

Affinity took 31 mortgage applications in Virginia in 2025, ranking #437 of 1,013 lenders active in the state. It originated 51.6% of them and denied 25.8% (29.6% of the applications it decided), against a statewide denial rate of 15.9%.

31Applicationsin VA
29.6%Decision denial ratestate 20.3%
4.90%Median ratestate 6.63%
$175,000Median loanstate $255,000
$3.8MVolume17 counties

Affinity in Virginia vs the state

25.8%Denial rate+9.87 pts vs state
29.6%Decision denial rate+9.38 pts vs state
51.6%Origination rate-7.91 pts vs state
4.90%Median rate-1.72 pts vs state
-2.10Rate spread (pts)-2.32 pts vs state
$178kMedian applicant income
16Loans originated
8Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323852.2%8.13%#458
2024201040.0%8.75%#480
2025311625.8%4.90%#437

What Affinity lends in Virginia

By loan purpose

Home purchase 5 16% · 20.0% denied
Refinance 4 13% · 0.0% denied
Cash-out refinance 6 19% · 0.0% denied
Home improvement 13 42% · 38.5% denied
Other / HELOC 3 10% · 66.7% denied

By loan type

Conventional 31 100% · 25.8% denied

Why it denied Virginia applicants

Credit history 3 38%
Debt-to-income ratio 2 25%
Collateral 2 25%
Other 1 13%

Where in Virginia

Counties with the most Affinity applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 531 20.0%
Loudoun County 531 20.0%
Fairfax County 412 50.0%
Alexandria city 200 0.0%
Prince William County 211 50.0%
Louisa County 220 0.0%
Mecklenburg County 101 100.0%
Northampton County 101 100.0%
Arlington County 110 0.0%
Manassas Park city 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: 31 applications in 2025, of which 16 were originated and 8 denied.

25.8% of all applications, or 29.6% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Affinity originated in Virginia in 2025 was 4.90%, against a statewide median of 6.63%.

About this data. Figures are Affinity'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