Bank of Clarke · Virginia · 2025

Bank of Clarke in Virginia: approval rate, denial rate and rates (2025)

Bank of Clarke took 341 mortgage applications in Virginia in 2025, ranking #147 of 1,013 lenders active in the state. It originated 63.6% of them and denied 15.0% (18.9% of the applications it decided), against a statewide denial rate of 15.9%.

341Applicationsin VA
18.9%Decision denial ratestate 20.3%
Median ratestate 6.63%
$325,000Median loanstate $255,000
$90MVolume27 counties

Bank of Clarke in Virginia vs the state

15.0%Denial rate-0.98 pts vs state
18.9%Decision denial rate-1.36 pts vs state
63.6%Origination rate+4.12 pts vs state
Median rate
Rate spread (pts)
$120kMedian applicant income
217Loans originated
51Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202334122320.5%6.65%#134
202429019019.7%6.62%#162
202534121715.0%#147

What Bank of Clarke lends in Virginia

By loan purpose

Home purchase 214 63% · 11.2% denied
Refinance 38 11% · 10.5% denied
Cash-out refinance 34 10% · 20.6% denied
Home improvement 37 11% · 21.6% denied
Other / HELOC 18 5% · 44.4% denied

By loan type

Conventional 330 97% · 15.2% denied
FHA 1 0% · 0.0% denied
VA 10 3% · 10.0% denied

Where in Virginia

Counties with the most Bank of Clarke applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Frederick County 1297722 17.1%
Fairfax County 46345 10.9%
Loudoun County 37217 18.9%
Winchester city 29233 10.3%
Prince William County 28182 7.1%
Clarke County 21134 19.0%
Warren County 1181 9.1%
Shenandoah County 1051 10.0%
Arlington County 411 25.0%
Fauquier County 311 33.3%

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: 341 applications in 2025, of which 217 were originated and 51 denied.

15.0% of all applications, or 18.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Bank of Clarke'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