City National Bank · Virginia · 2025

City National Bank in Virginia: approval rate, denial rate and rates (2025)

City National Bank took 20 mortgage applications in Virginia in 2025, ranking #490 of 1,013 lenders active in the state. It originated 60.0% of them and denied 10.0% (13.3% of the applications it decided), against a statewide denial rate of 15.9%.

20Applicationsin VA
13.3%Decision denial ratestate 20.3%
5.88%Median ratestate 6.63%
$525,000Median loanstate $255,000
$9.3MVolume10 counties

City National Bank in Virginia vs the state

10.0%Denial rate-5.94 pts vs state
13.3%Decision denial rate-6.92 pts vs state
60.0%Origination rate+0.48 pts vs state
5.88%Median rate-0.75 pts vs state
-0.16Rate spread (pts)-0.38 pts vs state
$408kMedian applicant income
12Loans originated
2Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023312112.9%6.30%#423
20245340.0%7.30%#648
2025201210.0%5.88%#490

What City National Bank lends in Virginia

By loan purpose

Home purchase 8 40% · 12.5% denied
Refinance 6 30% · 0.0% denied
Cash-out refinance 1 5% · 0.0% denied
Home improvement 2 10% · 50.0% denied
Other / HELOC 3 15% · 0.0% denied

By loan type

Conventional 20 100% · 10.0% denied

Why it denied Virginia applicants

Collateral 1 50%
Debt-to-income ratio 1 50%

Where in Virginia

Counties with the most City National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 541 20.0%
Danville city 310 0.0%
Albemarle County 320 0.0%
Alexandria city 210 0.0%
Loudoun County 211 50.0%
Virginia Beach city 100 0.0%
Prince Edward County 110 0.0%
Lexington city 110 0.0%
Roanoke city 100 0.0%
James City County 110 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: 20 applications in 2025, of which 12 were originated and 2 denied.

10.0% of all applications, or 13.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans City National Bank originated in Virginia in 2025 was 5.88%, against a statewide median of 6.63%.

About this data. Figures are City National Bank'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