BoxCar Mortgage · Virginia · 2025

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

BoxCar Mortgage took 12 mortgage applications in Virginia in 2025, ranking #546 of 1,013 lenders active in the state. It originated 75.0% of them and denied 8.3% (8.3% of the applications it decided), against a statewide denial rate of 15.9%.

12Applicationsin VA
8.3%Decision denial ratestate 20.3%
5.75%Median ratestate 6.63%
$395,000Median loanstate $255,000
$4.7MVolume8 counties

BoxCar Mortgage in Virginia vs the state

8.3%Denial rate-7.61 pts vs state
8.3%Decision denial rate-11.92 pts vs state
75.0%Origination rate+15.48 pts vs state
5.75%Median rate-0.88 pts vs state
-0.37Rate spread (pts)-0.59 pts vs state
$18,068kMedian applicant income
9Loans originated
1Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202418145.6%6.56%#495
20251298.3%5.75%#546

What BoxCar Mortgage lends in Virginia

By loan purpose

Home purchase 5 42% · 0.0% denied
Refinance 6 50% · 16.7% denied
Cash-out refinance 1 8% · 0.0% denied

By loan type

Conventional 2 17% · 0.0% denied
VA 10 83% · 10.0% denied

Why it denied Virginia applicants

Other 1 100%

Where in Virginia

Counties with the most BoxCar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hampton city 420 0.0%
Fairfax County 220 0.0%
Suffolk city 110 0.0%
Augusta County 101 100.0%
Albemarle County 110 0.0%
Norfolk city 110 0.0%
Stafford County 110 0.0%
Spotsylvania County 110 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: 12 applications in 2025, of which 9 were originated and 1 denied.

8.3% of all applications, or 8.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans BoxCar Mortgage originated in Virginia in 2025 was 5.75%, against a statewide median of 6.63%.

About this data. Figures are BoxCar Mortgage'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