Citadel Servicing · Virginia · 2025

Citadel Servicing in Virginia: approval rate, denial rate and rates (2025)

Citadel Servicing took 123 mortgage applications in Virginia in 2025, ranking #267 of 1,013 lenders active in the state. It originated 56.1% of them and denied 4.9% (5.5% of the applications it decided), against a statewide denial rate of 15.9%.

123Applicationsin VA
5.5%Decision denial ratestate 20.3%
7.50%Median ratestate 6.63%
$375,000Median loanstate $255,000
$31MVolume38 counties

Citadel Servicing in Virginia vs the state

4.9%Denial rate-11.06 pts vs state
5.5%Decision denial rate-14.80 pts vs state
56.1%Origination rate-3.42 pts vs state
7.50%Median rate+0.88 pts vs state
1.56Rate spread (pts)+1.34 pts vs state
$209kMedian applicant income
69Loans originated
6Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202376446.6%8.75%#299
2024134696.0%8.50%#242
2025123694.9%7.50%#267

What Citadel Servicing lends in Virginia

By loan purpose

Home purchase 55 45% · 0.0% denied
Refinance 5 4% · 0.0% denied
Cash-out refinance 63 51% · 9.5% denied

By loan type

Conventional 123 100% · 4.9% denied

Why it denied Virginia applicants

Debt-to-income ratio 3 50%
Other 2 33%
Collateral 1 17%

Where in Virginia

Counties with the most Citadel Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 23140 0.0%
Richmond city 1240 0.0%
Norfolk city 1031 10.0%
Prince William County 851 12.5%
Newport News city 850 0.0%
Loudoun County 640 0.0%
Bedford County 320 0.0%
Roanoke city 310 0.0%
York County 310 0.0%
Arlington County 330 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: 123 applications in 2025, of which 69 were originated and 6 denied.

4.9% of all applications, or 5.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Citadel Servicing originated in Virginia in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Citadel Servicing'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