Beacon Credit Union in Virginia vs the state
31.6%Denial rate+15.66 pts vs state
38.0%Decision denial rate+17.79 pts vs state
50.2%Origination rate-9.36 pts vs state
5.99%Median rate-0.63 pts vs state
-0.42Rate spread (pts)-0.64 pts vs state
$88kMedian applicant income
154Loans originated
97Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 141 | 89 | 24.8% | 7.45% | #222 |
| 2024 | 310 | 179 | 27.7% | 6.99% | #153 |
| 2025 | 307 | 154 | 31.6% | 5.99% | #158 |
What Beacon Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Beacon Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bedford County | 67 | 37 | 22 | 32.8% |
| Lynchburg city | 49 | 28 | 13 | 26.5% |
| Campbell County | 31 | 20 | 10 | 32.3% |
| Pittsylvania County | 25 | 11 | 7 | 28.0% |
| Amherst County | 21 | 11 | 6 | 28.6% |
| Danville city | 18 | 12 | 4 | 22.2% |
| Rockbridge County | 13 | 5 | 3 | 23.1% |
| Buena Vista city | 12 | 8 | 2 | 16.7% |
| Appomattox County | 9 | 3 | 5 | 55.6% |
| Roanoke city | 9 | 6 | 1 | 11.1% |
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: 307 applications in 2025, of which 154 were originated and 97 denied.
31.6% of all applications, or 38.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Beacon Credit Union originated in Virginia in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Beacon Credit Union'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