Calcon Mutual Mortgage in Virginia vs the state
5.1%Denial rate-10.85 pts vs state
7.2%Decision denial rate-13.09 pts vs state
65.6%Origination rate+6.06 pts vs state
6.49%Median rate-0.13 pts vs state
0.20Rate spread (pts)-0.02 pts vs state
$121kMedian applicant income
747Loans originated
58Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 28 | 13 | 17.9% | 7.25% | #440 |
| 2024 | 598 | 445 | 3.9% | 6.49% | #94 |
| 2025 | 1,139 | 747 | 5.1% | 6.49% | #66 |
What Calcon Mutual Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Calcon Mutual Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chesapeake city | 149 | 120 | 4 | 2.7% |
| Virginia Beach city | 103 | 67 | 5 | 4.9% |
| Suffolk city | 73 | 49 | 2 | 2.7% |
| Newport News city | 60 | 47 | 3 | 5.0% |
| Spotsylvania County | 56 | 19 | 6 | 10.7% |
| Montgomery County | 55 | 28 | 3 | 5.5% |
| Hampton city | 50 | 32 | 6 | 12.0% |
| Norfolk city | 50 | 35 | 3 | 6.0% |
| Chesterfield County | 41 | 30 | 1 | 2.4% |
| Botetourt County | 34 | 15 | 1 | 2.9% |
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: 1,139 applications in 2025, of which 747 were originated and 58 denied.
5.1% of all applications, or 7.2% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Calcon Mutual Mortgage originated in Virginia in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are Calcon Mutual 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