BOKF · Virginia · 2025

BOKF in Virginia: approval rate, denial rate and rates (2025)

BOKF took 10 mortgage applications in Virginia in 2025, ranking #565 of 1,013 lenders active in the state. It originated 60.0% of them and denied 10.0% (14.3% of the applications it decided), against a statewide denial rate of 15.9%.

10Applicationsin VA
14.3%Decision denial ratestate 20.3%
7.13%Median ratestate 6.63%
$325,000Median loanstate $255,000
$2.3MVolume9 counties

BOKF in Virginia vs the state

10.0%Denial rate-5.94 pts vs state
14.3%Decision denial rate-5.96 pts vs state
60.0%Origination rate+0.48 pts vs state
7.13%Median rate+0.50 pts vs state
0.43Rate spread (pts)+0.21 pts vs state
$136kMedian applicant income
6Loans originated
1Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023550.0%6.63%#639
2024740.0%6.81%#605
202510610.0%7.13%#565

What BOKF lends in Virginia

By loan purpose

Home purchase 5 50% · 0.0% denied
Refinance 2 20% · 50.0% denied
Cash-out refinance 2 20% · 0.0% denied
Other / HELOC 1 10% · 0.0% denied

By loan type

Conventional 9 90% · 11.1% denied
FHA 1 10% · 0.0% denied

Why it denied Virginia applicants

Credit history 1 100%

Where in Virginia

Counties with the most BOKF applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Norfolk city 201 50.0%
Henrico County 100 0.0%
Warren County 110 0.0%
Arlington County 110 0.0%
Richmond County 110 0.0%
Chesterfield County 110 0.0%
James City County 110 0.0%
Greensville County 110 0.0%
Prince William County 100 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: 10 applications in 2025, of which 6 were originated and 1 denied.

10.0% of all applications, or 14.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans BOKF originated in Virginia in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are BOKF'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