Digital in Virginia vs the state
23.2%Denial rate+7.24 pts vs state
34.7%Decision denial rate+14.40 pts vs state
42.4%Origination rate-17.14 pts vs state
7.50%Median rate+0.88 pts vs state
0.46Rate spread (pts)+0.24 pts vs state
$191kMedian applicant income
64Loans originated
35Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 319 | 127 | 14.4% | 6.49% | #142 |
| 2024 | 224 | 85 | 21.9% | 7.99% | #191 |
| 2025 | 151 | 64 | 23.2% | 7.50% | #241 |
What Digital lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Digital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Loudoun County | 71 | 39 | 11 | 15.5% |
| Fairfax County | 23 | 7 | 9 | 39.1% |
| Henrico County | 17 | 4 | 5 | 29.4% |
| James City County | 6 | 0 | 1 | 16.7% |
| Chesterfield County | 6 | 2 | 1 | 16.7% |
| Prince William County | 5 | 2 | 2 | 40.0% |
| Suffolk city | 2 | 1 | 0 | 0.0% |
| Virginia Beach city | 2 | 1 | 1 | 50.0% |
| Fauquier County | 2 | 1 | 0 | 0.0% |
| Chesapeake city | 2 | 0 | 0 | 0.0% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 151 applications in 2025, of which 64 were originated and 35 denied.
23.2% of all applications, or 34.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Digital originated in Virginia in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Digital'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