Archer Mortgage in Virginia vs the state
2.1%Denial rate-13.81 pts vs state
2.3%Decision denial rate-17.94 pts vs state
86.0%Origination rate+26.50 pts vs state
6.50%Median rate-0.13 pts vs state
0.26Rate spread (pts)+0.04 pts vs state
$92kMedian applicant income
283Loans originated
7Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 14 | 7 | 7.1% | 6.50% | #530 |
| 2024 | 216 | 171 | 2.8% | 6.13% | #193 |
| 2025 | 329 | 283 | 2.1% | 6.50% | #149 |
What Archer Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Archer Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Virginia Beach city | 64 | 61 | 0 | 0.0% |
| Chesapeake city | 59 | 51 | 0 | 0.0% |
| Norfolk city | 51 | 48 | 0 | 0.0% |
| Newport News city | 32 | 25 | 1 | 3.1% |
| Hampton city | 31 | 28 | 2 | 6.5% |
| Portsmouth city | 30 | 20 | 1 | 3.3% |
| Suffolk city | 30 | 23 | 2 | 6.7% |
| Gloucester County | 5 | 5 | 0 | 0.0% |
| York County | 4 | 3 | 0 | 0.0% |
| James City County | 3 | 2 | 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: 329 applications in 2025, of which 283 were originated and 7 denied.
2.1% of all applications, or 2.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Archer Mortgage originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Archer Mortgage'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