BRONCO Federal Credit Union · Virginia · 2025

BRONCO Federal Credit Union in Virginia: approval rate, denial rate and rates (2025)

BRONCO Federal Credit Union took 130 mortgage applications in Virginia in 2025, ranking #260 of 1,013 lenders active in the state. It originated 72.3% of them and denied 20.0% (21.7% of the applications it decided), against a statewide denial rate of 15.9%.

130Applicationsin VA
21.7%Decision denial ratestate 20.3%
6.99%Median ratestate 6.63%
$60,000Median loanstate $255,000
$11MVolume14 counties

BRONCO Federal Credit Union in Virginia vs the state

20.0%Denial rate+4.06 pts vs state
21.7%Decision denial rate+1.42 pts vs state
72.3%Origination rate+12.79 pts vs state
6.99%Median rate+0.37 pts vs state
0.71Rate spread (pts)+0.49 pts vs state
$96kMedian applicant income
94Loans originated
26Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231198617.7%5.99%#242
20241099510.1%6.99%#267
20251309420.0%6.99%#260

What BRONCO Federal Credit Union lends in Virginia

By loan purpose

Home purchase 10 8% · 0.0% denied
Refinance 24 18% · 8.3% denied
Cash-out refinance 3 2% · 0.0% denied
Home improvement 48 37% · 25.0% denied
Other / HELOC 45 35% · 26.7% denied

By loan type

Conventional 130 100% · 20.0% denied

Why it denied Virginia applicants

Credit history 14 54%
Debt-to-income ratio 11 42%
Other 1 4%

Where in Virginia

Counties with the most BRONCO Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Southampton County 655210 15.4%
Suffolk city 20154 20.0%
Franklin city 1549 60.0%
Isle of Wight County 14112 14.3%
Chesapeake city 631 16.7%
Henrico County 220 0.0%
Portsmouth city 100 0.0%
Virginia Beach city 110 0.0%
Hampton city 110 0.0%
Emporia city 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: 130 applications in 2025, of which 94 were originated and 26 denied.

20.0% of all applications, or 21.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans BRONCO Federal Credit Union originated in Virginia in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are BRONCO Federal 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