Arc Home in Virginia vs the state
9.7%Denial rate-6.24 pts vs state
15.7%Decision denial rate-4.59 pts vs state
51.5%Origination rate-8.03 pts vs state
7.25%Median rate+0.63 pts vs state
0.74Rate spread (pts)+0.52 pts vs state
$146kMedian applicant income
69Loans originated
13Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 291 | 160 | 14.1% | 6.88% | #151 |
| 2024 | 196 | 103 | 7.7% | 7.13% | #204 |
| 2025 | 134 | 69 | 9.7% | 7.25% | #255 |
What Arc Home lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Arc Home applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 26 | 11 | 2 | 7.7% |
| Prince William County | 25 | 9 | 2 | 8.0% |
| Loudoun County | 10 | 6 | 0 | 0.0% |
| Stafford County | 9 | 5 | 1 | 11.1% |
| Henrico County | 7 | 4 | 2 | 28.6% |
| Manassas Park city | 5 | 1 | 2 | 40.0% |
| Spotsylvania County | 5 | 2 | 1 | 20.0% |
| Norfolk city | 4 | 2 | 0 | 0.0% |
| Richmond city | 3 | 2 | 0 | 0.0% |
| Chesapeake city | 3 | 3 | 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: 134 applications in 2025, of which 69 were originated and 13 denied.
9.7% of all applications, or 15.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Arc Home originated in Virginia in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Arc Home'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