C & F Mortgage · Virginia · 2025

C & F Mortgage in Virginia: approval rate, denial rate and rates (2025)

C & F Mortgage took 1,859 mortgage applications in Virginia in 2025, ranking #45 of 1,013 lenders active in the state. It originated 81.4% of them and denied 2.2% (2.6% of the applications it decided), against a statewide denial rate of 15.9%.

1.9kApplicationsin VA
2.6%Decision denial ratestate 20.3%
6.50%Median ratestate 6.63%
$305,000Median loanstate $255,000
$506MVolume98 counties

C & F Mortgage in Virginia vs the state

2.2%Denial rate-13.73 pts vs state
2.6%Decision denial rate-17.64 pts vs state
81.4%Origination rate+21.92 pts vs state
6.50%Median rate-0.13 pts vs state
0.28Rate spread (pts)+0.06 pts vs state
$109kMedian applicant income
1,514Loans originated
41Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,6081,2932.4%6.75%#43
20241,6721,3232.7%6.75%#49
20251,8591,5142.2%6.50%#45

What C & F Mortgage lends in Virginia

By loan purpose

Home purchase 1,656 89% · 2.4% denied
Refinance 116 6% · 0.0% denied
Cash-out refinance 79 4% · 2.5% denied
Home improvement 4 0% · 0.0% denied
Other / HELOC 4 0% · 0.0% denied

By loan type

Conventional 1,286 69% · 1.4% denied
FHA 390 21% · 4.9% denied
VA 150 8% · 2.0% denied
USDA / RHS 33 2% · 3.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 19 46%
Credit history 11 27%
Other 6 15%
Unverifiable information 2 5%
Collateral 1 2%
Insufficient cash 1 2%
Employment history 1 2%

Where in Virginia

Counties with the most C & F Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chesterfield County 3142583 1.0%
Henrico County 1971624 2.0%
Hanover County 115990 0.0%
Richmond city 112931 0.9%
Virginia Beach city 81672 2.5%
Augusta County 57400 0.0%
Chesapeake city 52431 1.9%
Powhatan County 48420 0.0%
King William County 32310 0.0%
Goochland County 31240 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: 1,859 applications in 2025, of which 1,514 were originated and 41 denied.

2.2% of all applications, or 2.6% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans C & F Mortgage originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are C & F 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