Corning Credit Union · Virginia · 2025

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

Corning Credit Union took 16 mortgage applications in Virginia in 2025, ranking #514 of 1,013 lenders active in the state. It originated 56.3% of them and denied 18.8% (25.0% of the applications it decided), against a statewide denial rate of 15.9%.

16Applicationsin VA
25.0%Decision denial ratestate 20.3%
6.50%Median ratestate 6.63%
$75,000Median loanstate $255,000
$1.1MVolume13 counties

Corning Credit Union in Virginia vs the state

18.8%Denial rate+2.81 pts vs state
25.0%Decision denial rate+4.75 pts vs state
56.3%Origination rate-3.27 pts vs state
6.50%Median rate-0.13 pts vs state
0.12Rate spread (pts)-0.10 pts vs state
$130kMedian applicant income
9Loans originated
3Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239611.1%6.70%#572
202412433.3%6.64%#544
202516918.8%6.50%#514

What Corning Credit Union lends in Virginia

By loan purpose

Home purchase 3 19% · 33.3% denied
Refinance 2 13% · 0.0% denied
Home improvement 9 56% · 11.1% denied
Other / HELOC 2 13% · 50.0% denied

By loan type

Conventional 16 100% · 18.8% denied

Why it denied Virginia applicants

Other 2 67%
Debt-to-income ratio 1 33%

Where in Virginia

Counties with the most Corning Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 320 0.0%
Fairfax County 220 0.0%
Augusta County 110 0.0%
Patrick County 110 0.0%
Arlington County 110 0.0%
Henrico County 100 0.0%
Stafford County 110 0.0%
Fairfax city 100 0.0%
Roanoke County 101 100.0%
Prince William County 100 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: 16 applications in 2025, of which 9 were originated and 3 denied.

18.8% of all applications, or 25.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Corning Credit Union originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Corning 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