Consumer Real Estate Finance · Virginia · 2025

Consumer Real Estate Finance in Virginia: approval rate, denial rate and rates (2025)

Consumer Real Estate Finance took 45 mortgage applications in Virginia in 2025, ranking #387 of 1,013 lenders active in the state. It originated 48.9% of them and denied 31.1% (38.9% of the applications it decided), against a statewide denial rate of 15.9%.

45Applicationsin VA
38.9%Decision denial ratestate 20.3%
6.99%Median ratestate 6.63%
$185,000Median loanstate $255,000
$4.9MVolume33 counties

Consumer Real Estate Finance in Virginia vs the state

31.1%Denial rate+15.17 pts vs state
38.9%Decision denial rate+18.64 pts vs state
48.9%Origination rate-10.63 pts vs state
6.99%Median rate+0.37 pts vs state
1.06Rate spread (pts)+0.84 pts vs state
$62kMedian applicant income
22Loans originated
14Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023603118.3%6.88%#334
2024462213.0%7.19%#379
2025452231.1%6.99%#387

What Consumer Real Estate Finance lends in Virginia

By loan purpose

Home purchase 32 71% · 25.0% denied
Refinance 2 4% · 100.0% denied
Other / HELOC 11 24% · 36.4% denied

By loan type

Conventional 11 24% · 36.4% denied
FHA 22 49% · 27.3% denied
USDA / RHS 12 27% · 33.3% denied

Why it denied Virginia applicants

Incomplete application 6 43%
Credit history 2 14%
Collateral 2 14%
Debt-to-income ratio 2 14%
Mortgage insurance denied 1 7%
Other 1 7%

Where in Virginia

Counties with the most Consumer Real Estate Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Augusta County 311 33.3%
Bristol city 220 0.0%
Prince George County 220 0.0%
Dinwiddie County 220 0.0%
Hopewell city 202 100.0%
Nottoway County 211 50.0%
Greensville County 220 0.0%
Wise County 200 0.0%
Pittsylvania County 211 50.0%
Carroll County 211 50.0%

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: 45 applications in 2025, of which 22 were originated and 14 denied.

31.1% of all applications, or 38.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Consumer Real Estate Finance originated in Virginia in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are Consumer Real Estate Finance'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