American Financial Network in Virginia vs the state
6.2%Denial rate-9.73 pts vs state
8.6%Decision denial rate-11.68 pts vs state
65.5%Origination rate+6.00 pts vs state
6.63%Median rate0.00 pts vs state
0.37Rate spread (pts)+0.15 pts vs state
$98kMedian applicant income
897Loans originated
85Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 979 | 563 | 7.2% | 6.88% | #66 |
| 2024 | 1,072 | 686 | 7.2% | 6.63% | #68 |
| 2025 | 1,369 | 897 | 6.2% | 6.63% | #59 |
What American Financial Network lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most American Financial Network applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chesterfield County | 117 | 84 | 6 | 5.1% |
| Prince William County | 104 | 62 | 11 | 10.6% |
| Norfolk city | 88 | 69 | 3 | 3.4% |
| Virginia Beach city | 85 | 59 | 2 | 2.4% |
| Fairfax County | 84 | 44 | 9 | 10.7% |
| Chesapeake city | 61 | 42 | 3 | 4.9% |
| Henrico County | 58 | 45 | 2 | 3.4% |
| Loudoun County | 52 | 28 | 3 | 5.8% |
| Richmond city | 49 | 31 | 1 | 2.0% |
| Newport News city | 36 | 25 | 3 | 8.3% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 1,369 applications in 2025, of which 897 were originated and 85 denied.
6.2% of all applications, or 8.6% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans American Financial Network originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are American Financial Network'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