Dollar Bank, Federal Savings Bank · Virginia · 2025

Dollar Bank, Federal Savings Bank in Virginia: approval rate, denial rate and rates (2025)

Dollar Bank, Federal Savings Bank took 365 mortgage applications in Virginia in 2025, ranking #138 of 1,013 lenders active in the state. It originated 62.5% of them and denied 29.6% (31.1% of the applications it decided), against a statewide denial rate of 15.9%.

365Applicationsin VA
31.1%Decision denial ratestate 20.3%
6.75%Median ratestate 6.63%
$135,000Median loanstate $255,000
$87MVolume31 counties

Dollar Bank, Federal Savings Bank in Virginia vs the state

29.6%Denial rate+13.65 pts vs state
31.1%Decision denial rate+10.87 pts vs state
62.5%Origination rate+2.95 pts vs state
6.75%Median rate+0.13 pts vs state
0.26Rate spread (pts)+0.04 pts vs state
$116kMedian applicant income
228Loans originated
108Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202335820136.0%6.99%#129
202440022338.5%7.13%#127
202536522829.6%6.75%#138

What Dollar Bank, Federal Savings Bank lends in Virginia

By loan purpose

Home purchase 90 25% · 3.3% denied
Refinance 94 26% · 25.5% denied
Cash-out refinance 11 3% · 9.1% denied
Home improvement 108 30% · 41.7% denied
Other / HELOC 62 17% · 56.5% denied

By loan type

Conventional 354 97% · 30.2% denied
FHA 9 2% · 11.1% denied
VA 2 1% · 0.0% denied

Why it denied Virginia applicants

Credit history 54 50%
Debt-to-income ratio 17 16%
Incomplete application 17 16%
Collateral 14 13%
Other 3 3%
Unverifiable information 2 2%
Insufficient cash 1 1%

Where in Virginia

Counties with the most Dollar Bank, Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 16910057 33.7%
Chesapeake city 593521 35.6%
Norfolk city 24138 33.3%
Loudoun County 18120 0.0%
Portsmouth city 1367 53.8%
Suffolk city 1394 30.8%
Fairfax County 11100 0.0%
Newport News city 761 14.3%
Hampton city 660 0.0%
Alexandria city 440 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: 365 applications in 2025, of which 228 were originated and 108 denied.

29.6% of all applications, or 31.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Dollar Bank, Federal Savings Bank originated in Virginia in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Dollar Bank, Federal Savings Bank'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