Connexus Credit Union · Virginia · 2025

Connexus Credit Union in Virginia: approval rate, denial rate and rates (2025)

Connexus Credit Union took 33 mortgage applications in Virginia in 2025, ranking #428 of 1,013 lenders active in the state. It originated 18.2% of them and denied 66.7% (75.9% of the applications it decided), against a statewide denial rate of 15.9%.

33Applicationsin VA
75.9%Decision denial ratestate 20.3%
6.54%Median ratestate 6.63%
$105,000Median loanstate $255,000
$560kVolume26 counties

Connexus Credit Union in Virginia vs the state

66.7%Denial rate+50.73 pts vs state
75.9%Decision denial rate+55.61 pts vs state
18.2%Origination rate-41.34 pts vs state
6.54%Median rate-0.08 pts vs state
-0.18Rate spread (pts)-0.40 pts vs state
$113kMedian applicant income
6Loans originated
22Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023822853.7%4.49%#289
202443753.5%6.49%#385
202533666.7%6.54%#428

What Connexus Credit Union lends in Virginia

By loan purpose

Refinance 5 15% · 100.0% denied
Cash-out refinance 1 3% · 0.0% denied
Home improvement 16 48% · 43.8% denied
Other / HELOC 11 33% · 90.9% denied

By loan type

Conventional 33 100% · 66.7% denied

Why it denied Virginia applicants

Debt-to-income ratio 7 32%
Credit history 6 27%
Other 5 23%
Incomplete application 3 14%
Collateral 1 5%

Where in Virginia

Counties with the most Connexus Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Spotsylvania County 303 100.0%
Loudoun County 301 33.3%
Henrico County 202 100.0%
Fauquier County 202 100.0%
Virginia Beach city 220 0.0%
Fairfax County 101 100.0%
King George County 100 0.0%
Goochland County 101 100.0%
Carroll County 101 100.0%
Chesterfield County 101 100.0%

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: 33 applications in 2025, of which 6 were originated and 22 denied.

66.7% of all applications, or 75.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Connexus Credit Union originated in Virginia in 2025 was 6.54%, against a statewide median of 6.63%.

About this data. Figures are Connexus Credit Union'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