Champions Funding in Virginia vs the state
22.7%Denial rate+6.79 pts vs state
30.0%Decision denial rate+9.75 pts vs state
53.0%Origination rate-6.49 pts vs state
7.75%Median rate+1.13 pts vs state
2.15Rate spread (pts)+1.93 pts vs state
$164kMedian applicant income
140Loans originated
60Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 43 | 23 | 46.5% | 9.00% | #379 |
| 2024 | 90 | 48 | 21.1% | 8.63% | #291 |
| 2025 | 264 | 140 | 22.7% | 7.75% | #179 |
What Champions Funding lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Champions Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 34 | 15 | 13 | 38.2% |
| Prince William County | 22 | 8 | 6 | 27.3% |
| Virginia Beach city | 16 | 7 | 4 | 25.0% |
| Chesterfield County | 12 | 10 | 1 | 8.3% |
| Petersburg city | 10 | 7 | 2 | 20.0% |
| Newport News city | 9 | 5 | 2 | 22.2% |
| Chesapeake city | 7 | 4 | 1 | 14.3% |
| Henrico County | 7 | 2 | 2 | 28.6% |
| Fauquier County | 7 | 2 | 0 | 0.0% |
| Loudoun County | 7 | 4 | 2 | 28.6% |
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: 264 applications in 2025, of which 140 were originated and 60 denied.
22.7% of all applications, or 30.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Champions Funding originated in Virginia in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Champions Funding'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