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Atlantic Union Bank · Virginia · 2025

Atlantic Union Bank in Virginia: approval rate, denial rate and rates (2025)

Atlantic Union Bank took 4,871 mortgage applications in Virginia in 2025, ranking #14 of 1,013 lenders active in the state. It originated 66.5% of them and denied 24.3% (26.2% of the applications it decided), against a statewide denial rate of 15.9%.

4.9kApplicationsin VA
26.2%Decision denial ratestate 20.3%
7.50%Median ratestate 6.63%
$155,000Median loanstate $255,000
$848MVolume123 counties
Full Atlantic Union Bank review All lenders in Virginia

Atlantic Union Bank in Virginia vs the state

24.3%Denial rate+8.31 pts vs state
26.2%Decision denial rate+5.99 pts vs state
66.5%Origination rate+6.93 pts vs state
7.50%Median rate+0.88 pts vs state
0.43Rate spread (pts)+0.21 pts vs state
$103kMedian applicant income
3,237Loans originated
1,181Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,1852,64527.6%8.00%#12
20244,3772,83626.5%8.50%#14
20254,8713,23724.3%7.50%#14

What Atlantic Union Bank lends in Virginia

By loan purpose

Home purchase 1,163 24% · 4.3% denied
Refinance 335 7% · 22.4% denied
Cash-out refinance 204 4% · 13.2% denied
Home improvement 1,126 23% · 31.9% denied
Other / HELOC 2,043 42% · 32.8% denied

By loan type

Conventional 4,572 94% · 25.5% denied
FHA 215 4% · 4.7% denied
VA 52 1% · 7.7% denied
USDA / RHS 32 1% · 3.1% denied

Why it denied Virginia applicants

Debt-to-income ratio 518 44%
Credit history 366 31%
Collateral 144 12%
Other 102 9%
Unverifiable information 29 2%
Employment history 20 2%
Insufficient cash 2 0%

Where in Virginia

Counties with the most Atlantic Union Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 34721178 22.5%
Henrico County 25617563 24.6%
Chesterfield County 23416453 22.6%
Loudoun County 19511854 27.7%
Spotsylvania County 16710351 30.5%
Hanover County 16412137 22.6%
Bedford County 1289328 21.9%
Roanoke County 1249223 18.5%
Richmond city 1239026 21.1%
Roanoke city 1157920 17.4%

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: 4,871 applications in 2025, of which 3,237 were originated and 1,181 denied.

24.3% of all applications, or 26.2% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Atlantic Union Bank originated in Virginia in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Atlantic Union Bank'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