American Heritage Lending in Virginia vs the state
3.7%Denial rate-12.26 pts vs state
5.3%Decision denial rate-14.99 pts vs state
54.4%Origination rate-5.11 pts vs state
7.38%Median rate+0.75 pts vs state
1.26Rate spread (pts)+1.04 pts vs state
$211kMedian applicant income
74Loans originated
5Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 74 | 35 | 9.5% | 9.38% | #305 |
| 2024 | 102 | 46 | 4.9% | 7.44% | #276 |
| 2025 | 136 | 74 | 3.7% | 7.38% | #252 |
What American Heritage Lending lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most American Heritage Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chesterfield County | 12 | 9 | 0 | 0.0% |
| Richmond city | 11 | 3 | 1 | 9.1% |
| Virginia Beach city | 9 | 7 | 0 | 0.0% |
| Lynchburg city | 6 | 2 | 1 | 16.7% |
| Newport News city | 6 | 5 | 0 | 0.0% |
| Loudoun County | 5 | 3 | 0 | 0.0% |
| Fairfax County | 5 | 2 | 0 | 0.0% |
| Hampton city | 5 | 2 | 0 | 0.0% |
| Roanoke city | 5 | 5 | 0 | 0.0% |
| Petersburg city | 5 | 4 | 0 | 0.0% |
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: 136 applications in 2025, of which 74 were originated and 5 denied.
3.7% of all applications, or 5.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans American Heritage Lending originated in Virginia in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are American Heritage Lending'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