Angel Oak Mortgage Solutions · Virginia · 2025

Angel Oak Mortgage Solutions in Virginia: approval rate, denial rate and rates (2025)

Angel Oak Mortgage Solutions took 300 mortgage applications in Virginia in 2025, ranking #162 of 1,013 lenders active in the state. It originated 67.0% of them and denied 16.0% (19.1% of the applications it decided), against a statewide denial rate of 15.9%.

300Applicationsin VA
19.1%Decision denial ratestate 20.3%
7.37%Median ratestate 6.63%
$260,000Median loanstate $255,000
$74MVolume62 counties

Angel Oak Mortgage Solutions in Virginia vs the state

16.0%Denial rate+0.06 pts vs state
19.1%Decision denial rate-1.13 pts vs state
67.0%Origination rate+7.48 pts vs state
7.37%Median rate+0.75 pts vs state
0.89Rate spread (pts)+0.67 pts vs state
$266kMedian applicant income
201Loans originated
48Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319310714.5%8.50%#192
20241791198.9%8.00%#216
202530020116.0%7.37%#162

What Angel Oak Mortgage Solutions lends in Virginia

By loan purpose

Home purchase 171 57% · 14.6% denied
Refinance 9 3% · 44.4% denied
Cash-out refinance 117 39% · 16.2% denied
Home improvement 3 1% · 0.0% denied

By loan type

Conventional 300 100% · 16.0% denied

Why it denied Virginia applicants

Insufficient cash 11 23%
Debt-to-income ratio 9 19%
Credit history 9 19%
Collateral 8 17%
Other 7 15%
Unverifiable information 3 6%
Employment history 1 2%

Where in Virginia

Counties with the most Angel Oak Mortgage Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chesterfield County 24181 4.2%
Virginia Beach city 24147 29.2%
Richmond city 21171 4.8%
Fairfax County 18103 16.7%
Henrico County 16131 6.3%
Prince William County 1362 15.4%
Portsmouth city 11101 9.1%
Chesapeake city 1063 30.0%
Norfolk city 870 0.0%
Albemarle County 842 25.0%

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: 300 applications in 2025, of which 201 were originated and 48 denied.

16.0% of all applications, or 19.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Angel Oak Mortgage Solutions originated in Virginia in 2025 was 7.37%, against a statewide median of 6.63%.

About this data. Figures are Angel Oak Mortgage Solutions'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