Allegacy Federal Credit Union · Virginia · 2025

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

Allegacy Federal Credit Union took 40 mortgage applications in Virginia in 2025, ranking #402 of 1,013 lenders active in the state. It originated 47.5% of them and denied 17.5% (26.9% of the applications it decided), against a statewide denial rate of 15.9%.

40Applicationsin VA
26.9%Decision denial ratestate 20.3%
5.75%Median ratestate 6.63%
$105,000Median loanstate $255,000
$2.4MVolume20 counties

Allegacy Federal Credit Union in Virginia vs the state

17.5%Denial rate+1.56 pts vs state
26.9%Decision denial rate+6.67 pts vs state
47.5%Origination rate-12.02 pts vs state
5.75%Median rate-0.88 pts vs state
-1.36Rate spread (pts)-1.58 pts vs state
$144kMedian applicant income
19Loans originated
7Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023382210.5%1.99%#393
2024422321.4%5.75%#389
2025401917.5%5.75%#402

What Allegacy Federal Credit Union lends in Virginia

By loan purpose

Home purchase 2 5% · 0.0% denied
Refinance 10 25% · 0.0% denied
Home improvement 12 30% · 8.3% denied
Other / HELOC 16 40% · 37.5% denied

By loan type

Conventional 40 100% · 17.5% denied

Why it denied Virginia applicants

Debt-to-income ratio 3 43%
Other 2 29%
Credit history 1 14%
Collateral 1 14%

Where in Virginia

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

CountyApplicationsOriginatedDeniedDenial rate
Carroll County 1153 27.3%
Fairfax County 601 16.7%
Chesterfield County 310 0.0%
Henry County 210 0.0%
Pittsylvania County 210 0.0%
Patrick County 201 50.0%
Botetourt County 110 0.0%
Prince William County 100 0.0%
Appomattox County 110 0.0%
Spotsylvania 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: 40 applications in 2025, of which 19 were originated and 7 denied.

17.5% of all applications, or 26.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Allegacy Federal Credit Union originated in Virginia in 2025 was 5.75%, against a statewide median of 6.63%.

About this data. Figures are Allegacy 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