American Financial Resources in Virginia vs the state
5.2%Denial rate-10.76 pts vs state
6.7%Decision denial rate-13.54 pts vs state
71.6%Origination rate+12.10 pts vs state
6.25%Median rate-0.38 pts vs state
0.23Rate spread (pts)+0.01 pts vs state
$92kMedian applicant income
429Loans originated
31Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 199 | 102 | 16.1% | 6.25% | #189 |
| 2024 | 328 | 216 | 12.2% | 6.50% | #146 |
| 2025 | 599 | 429 | 5.2% | 6.25% | #101 |
What American Financial Resources lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most American Financial Resources applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Virginia Beach city | 29 | 17 | 1 | 3.4% |
| Norfolk city | 24 | 18 | 1 | 4.2% |
| Dinwiddie County | 22 | 14 | 2 | 9.1% |
| Chesterfield County | 22 | 17 | 0 | 0.0% |
| Mecklenburg County | 19 | 17 | 0 | 0.0% |
| Henrico County | 17 | 12 | 2 | 11.8% |
| Pittsylvania County | 14 | 9 | 1 | 7.1% |
| Chesapeake city | 13 | 9 | 0 | 0.0% |
| Brunswick County | 13 | 12 | 0 | 0.0% |
| Richmond city | 13 | 6 | 2 | 15.4% |
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: 599 applications in 2025, of which 429 were originated and 31 denied.
5.2% of all applications, or 6.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans American Financial Resources originated in Virginia in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are American Financial Resources'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