Citibank · Virginia · 2025

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

Citibank took 569 mortgage applications in Virginia in 2025, ranking #105 of 1,013 lenders active in the state. It originated 54.7% of them and denied 13.5% (19.6% of the applications it decided), against a statewide denial rate of 15.9%.

569Applicationsin VA
19.6%Decision denial ratestate 20.3%
6.13%Median ratestate 6.63%
$465,000Median loanstate $255,000
$286MVolume63 counties

Citibank in Virginia vs the state

13.5%Denial rate-2.41 pts vs state
19.6%Decision denial rate-0.61 pts vs state
54.7%Origination rate-4.86 pts vs state
6.13%Median rate-0.50 pts vs state
-0.36Rate spread (pts)-0.58 pts vs state
$205kMedian applicant income
311Loans originated
77Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234353063.7%5.25%#112
202450827611.8%6.25%#108
202556931113.5%6.13%#105

What Citibank lends in Virginia

By loan purpose

Home purchase 342 60% · 7.6% denied
Refinance 50 9% · 6.0% denied
Cash-out refinance 26 5% · 23.1% denied
Home improvement 74 13% · 28.4% denied
Other / HELOC 77 14% · 27.3% denied

By loan type

Conventional 566 99% · 13.4% denied
VA 3 1% · 33.3% denied

Why it denied Virginia applicants

Debt-to-income ratio 38 49%
Credit history 18 23%
Other 9 12%
Collateral 7 9%
Unverifiable information 4 5%
Employment history 1 1%

Where in Virginia

Counties with the most Citibank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 23913631 13.0%
Alexandria city 60417 11.7%
Arlington County 58437 12.1%
Loudoun County 50178 16.0%
Prince William County 34181 2.9%
Chesterfield County 1033 30.0%
Stafford County 922 22.2%
Richmond city 740 0.0%
Chesapeake city 612 33.3%
Hanover County 431 25.0%

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: 569 applications in 2025, of which 311 were originated and 77 denied.

13.5% of all applications, or 19.6% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Citibank originated in Virginia in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Citibank'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