Broker Solutions in Virginia vs the state
10.8%Denial rate-5.17 pts vs state
25.3%Decision denial rate+5.07 pts vs state
30.2%Origination rate-29.33 pts vs state
6.75%Median rate+0.13 pts vs state
0.64Rate spread (pts)+0.42 pts vs state
$92kMedian applicant income
894Loans originated
319Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,555 | 552 | 11.3% | 6.75% | #45 |
| 2024 | 2,652 | 776 | 12.0% | 6.88% | #29 |
| 2025 | 2,961 | 894 | 10.8% | 6.75% | #29 |
What Broker Solutions lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Broker Solutions applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 237 | 90 | 28 | 11.8% |
| Virginia Beach city | 186 | 79 | 18 | 9.7% |
| Prince William County | 156 | 47 | 15 | 9.6% |
| Chesterfield County | 138 | 31 | 14 | 10.1% |
| Henrico County | 115 | 34 | 8 | 7.0% |
| Chesapeake city | 108 | 33 | 6 | 5.6% |
| Loudoun County | 98 | 21 | 11 | 11.2% |
| Norfolk city | 91 | 27 | 13 | 14.3% |
| Suffolk city | 88 | 24 | 13 | 14.8% |
| Portsmouth city | 71 | 21 | 8 | 11.3% |
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: 2,961 applications in 2025, of which 894 were originated and 319 denied.
10.8% of all applications, or 25.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Broker Solutions originated in Virginia in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Broker Solutions'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