Atlantic Bay Mortgage Group in Virginia vs the state
1.5%Denial rate-14.48 pts vs state
1.7%Decision denial rate-18.51 pts vs state
81.7%Origination rate+22.21 pts vs state
6.50%Median rate-0.13 pts vs state
0.23Rate spread (pts)+0.01 pts vs state
$102kMedian applicant income
4,244Loans originated
76Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,103 | 4,051 | 1.9% | 6.75% | #11 |
| 2024 | 5,162 | 4,190 | 1.1% | 6.75% | #12 |
| 2025 | 5,193 | 4,244 | 1.5% | 6.50% | #13 |
What Atlantic Bay Mortgage Group lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Atlantic Bay Mortgage Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Virginia Beach city | 466 | 387 | 7 | 1.5% |
| Chesapeake city | 322 | 267 | 8 | 2.5% |
| Newport News city | 267 | 198 | 4 | 1.5% |
| Norfolk city | 249 | 191 | 2 | 0.8% |
| Roanoke County | 241 | 202 | 1 | 0.4% |
| Roanoke city | 237 | 204 | 1 | 0.4% |
| Suffolk city | 201 | 166 | 8 | 4.0% |
| Hampton city | 197 | 153 | 5 | 2.5% |
| Fairfax County | 183 | 160 | 1 | 0.5% |
| Portsmouth city | 158 | 123 | 5 | 3.2% |
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: 5,193 applications in 2025, of which 4,244 were originated and 76 denied.
1.5% of all applications, or 1.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Atlantic Bay Mortgage Group originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Atlantic Bay Mortgage Group'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