Center Street Lending VIII SPE · Virginia · 2025

Center Street Lending VIII SPE in Virginia: approval rate, denial rate and rates (2025)

Center Street Lending VIII SPE took 9 mortgage applications in Virginia in 2025, ranking #582 of 1,013 lenders active in the state. It originated 77.8% of them and denied 22.2% (22.2% of the applications it decided), against a statewide denial rate of 15.9%.

9Applicationsin VA
22.2%Decision denial ratestate 20.3%
10.38%Median ratestate 6.63%
$275,000Median loanstate $255,000
$1.8MVolume0 counties

Center Street Lending VIII SPE in Virginia vs the state

22.2%Denial rate+6.28 pts vs state
22.2%Decision denial rate+1.97 pts vs state
77.8%Origination rate+18.26 pts vs state
10.38%Median rate+3.75 pts vs state
Rate spread (pts)
Median applicant income
7Loans originated
2Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202421160.0%10.75%#476
20259722.2%10.38%#582

What Center Street Lending VIII SPE lends in Virginia

By loan purpose

Home purchase 6 67% · 0.0% denied
Refinance 2 22% · 50.0% denied
Cash-out refinance 1 11% · 100.0% denied

By loan type

Conventional 9 100% · 22.2% denied

Why it denied Virginia applicants

Other 2 100%

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: 9 applications in 2025, of which 7 were originated and 2 denied.

22.2% of all applications, or 22.2% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Center Street Lending VIII SPE originated in Virginia in 2025 was 10.38%, against a statewide median of 6.63%.

About this data. Figures are Center Street Lending VIII SPE'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