Benchmark Community Bank · Virginia · 2025

Benchmark Community Bank in Virginia: approval rate, denial rate and rates (2025)

Benchmark Community Bank took 424 mortgage applications in Virginia in 2025, ranking #124 of 1,013 lenders active in the state. It originated 78.1% of them and denied 9.4% (10.1% of the applications it decided), against a statewide denial rate of 15.9%.

424Applicationsin VA
10.1%Decision denial ratestate 20.3%
7.24%Median ratestate 6.63%
$105,000Median loanstate $255,000
$54MVolume22 counties

Benchmark Community Bank in Virginia vs the state

9.4%Denial rate-6.51 pts vs state
10.1%Decision denial rate-10.20 pts vs state
78.1%Origination rate+18.55 pts vs state
7.24%Median rate+0.62 pts vs state
0.77Rate spread (pts)+0.55 pts vs state
$92kMedian applicant income
331Loans originated
40Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202345436310.1%6.89%#110
20244443487.9%7.24%#117
20254243319.4%7.24%#124

What Benchmark Community Bank lends in Virginia

By loan purpose

Home purchase 195 46% · 5.1% denied
Refinance 100 24% · 10.0% denied
Cash-out refinance 3 1% · 0.0% denied
Home improvement 59 14% · 11.9% denied
Other / HELOC 67 16% · 19.4% denied

By loan type

Conventional 420 99% · 9.5% denied
VA 1 0% · 0.0% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Virginia applicants

Credit history 19 48%
Debt-to-income ratio 15 38%
Collateral 6 15%

Where in Virginia

Counties with the most Benchmark Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 1078910 9.3%
Halifax County 86704 4.7%
Lunenburg County 47336 12.8%
Prince Edward County 38292 5.3%
Nottoway County 37246 16.2%
Brunswick County 25191 4.0%
Charlotte County 15122 13.3%
Amelia County 12102 16.7%
Cumberland County 1292 16.7%
Buckingham County 12100 0.0%

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: 424 applications in 2025, of which 331 were originated and 40 denied.

9.4% of all applications, or 10.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Benchmark Community Bank originated in Virginia in 2025 was 7.24%, against a statewide median of 6.63%.

About this data. Figures are Benchmark Community 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