Bank of Hope in Virginia vs the state
7.7%Denial rate-8.25 pts vs state
11.1%Decision denial rate-9.14 pts vs state
61.5%Origination rate+2.02 pts vs state
6.06%Median rate-0.56 pts vs state
0.70Rate spread (pts)+0.48 pts vs state
$126kMedian applicant income
8Loans originated
1Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 17 | 9 | 17.7% | 6.63% | #492 |
| 2024 | 9 | 6 | 0.0% | 6.63% | #580 |
| 2025 | 13 | 8 | 7.7% | 6.06% | #542 |
What Bank of Hope lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Bank of Hope applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Richmond city | 3 | 0 | 1 | 33.3% |
| Fairfax County | 3 | 2 | 0 | 0.0% |
| Chesterfield County | 3 | 3 | 0 | 0.0% |
| Winchester city | 2 | 1 | 0 | 0.0% |
| Henrico County | 1 | 1 | 0 | 0.0% |
| Virginia Beach city | 1 | 1 | 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: 13 applications in 2025, of which 8 were originated and 1 denied.
7.7% of all applications, or 11.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Bank of Hope originated in Virginia in 2025 was 6.06%, against a statewide median of 6.63%.
About this data. Figures are Bank of Hope'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