Crosscountry Mortgage · Virginia · 2025

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

Crosscountry Mortgage took 4,339 mortgage applications in Virginia in 2025, ranking #15 of 1,013 lenders active in the state. It originated 67.7% of them and denied 3.2% (4.4% of the applications it decided), against a statewide denial rate of 15.9%.

4.3kApplicationsin VA
4.4%Decision denial ratestate 20.3%
6.58%Median ratestate 6.63%
$365,000Median loanstate $255,000
$1.4BVolume130 counties

Crosscountry Mortgage in Virginia vs the state

3.2%Denial rate-12.76 pts vs state
4.4%Decision denial rate-15.85 pts vs state
67.7%Origination rate+8.19 pts vs state
6.58%Median rate-0.05 pts vs state
0.28Rate spread (pts)+0.06 pts vs state
$131kMedian applicant income
2,938Loans originated
138Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,6847973.4%6.75%#41
20242,2491,4041.9%6.63%#35
20254,3392,9383.2%6.58%#15

What Crosscountry Mortgage lends in Virginia

By loan purpose

Home purchase 2,837 65% · 1.8% denied
Refinance 715 16% · 2.4% denied
Cash-out refinance 397 9% · 5.3% denied
Home improvement 83 2% · 20.5% denied
Other / HELOC 307 7% · 10.1% denied

By loan type

Conventional 2,566 59% · 3.3% denied
FHA 915 21% · 4.4% denied
VA 837 19% · 1.6% denied
USDA / RHS 21 0% · 0.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 40 29%
Incomplete application 26 19%
Other 21 15%
Credit history 21 15%
Collateral 13 9%
Unverifiable information 9 7%
Insufficient cash 8 6%

Where in Virginia

Counties with the most Crosscountry Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 76053613 1.7%
Virginia Beach city 2501836 2.4%
Loudoun County 2421707 2.9%
Prince William County 21914710 4.6%
Frederick County 1901456 3.2%
Chesterfield County 16611310 6.0%
Shenandoah County 1471106 4.1%
Chesapeake city 1411035 3.5%
Arlington County 123861 0.8%
Norfolk city 119813 2.5%

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: 4,339 applications in 2025, of which 2,938 were originated and 138 denied.

3.2% of all applications, or 4.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Crosscountry Mortgage originated in Virginia in 2025 was 6.58%, against a statewide median of 6.63%.

About this data. Figures are Crosscountry Mortgage'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