Atlantic Coast Mortgage · Virginia · 2025

Atlantic Coast Mortgage in Virginia: approval rate, denial rate and rates (2025)

Atlantic Coast Mortgage took 4,256 mortgage applications in Virginia in 2025, ranking #16 of 1,013 lenders active in the state. It originated 81.3% of them and denied 1.8% (2.1% of the applications it decided), against a statewide denial rate of 15.9%.

4.3kApplicationsin VA
2.1%Decision denial ratestate 20.3%
6.49%Median ratestate 6.63%
$385,000Median loanstate $255,000
$1.5BVolume107 counties

Atlantic Coast Mortgage in Virginia vs the state

1.8%Denial rate-14.13 pts vs state
2.1%Decision denial rate-18.19 pts vs state
81.3%Origination rate+21.73 pts vs state
6.49%Median rate-0.13 pts vs state
0.12Rate spread (pts)-0.10 pts vs state
$130kMedian applicant income
3,458Loans originated
77Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,6272,9002.5%6.50%#14
20243,8543,1252.1%6.63%#16
20254,2563,4581.8%6.49%#16

What Atlantic Coast Mortgage lends in Virginia

By loan purpose

Home purchase 3,757 88% · 1.9% denied
Refinance 269 6% · 1.1% denied
Cash-out refinance 149 4% · 0.7% denied
Home improvement 10 0% · 0.0% denied
Other / HELOC 71 2% · 4.2% denied

By loan type

Conventional 2,846 67% · 1.5% denied
FHA 622 15% · 4.5% denied
VA 757 18% · 0.8% denied
USDA / RHS 31 1% · 0.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 25 32%
Collateral 14 18%
Credit history 11 14%
Other 10 13%
Insufficient cash 6 8%
Unverifiable information 6 8%
Employment history 5 6%

Where in Virginia

Counties with the most Atlantic Coast Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 6435269 1.4%
Loudoun County 5144275 1.0%
Prince William County 3783025 1.3%
Stafford County 2041731 0.5%
Spotsylvania County 1731383 1.7%
Virginia Beach city 1611323 1.9%
Chesapeake city 1281036 4.7%
Alexandria city 121995 4.1%
Arlington County 117963 2.6%
Henrico County 106892 1.9%

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: 4,256 applications in 2025, of which 3,458 were originated and 77 denied.

1.8% of all applications, or 2.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Atlantic Coast Mortgage originated in Virginia in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Atlantic Coast 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