Mortgage lender · Baltimore, MD · LEI 549300C8GOC4OYUV0Z32

Dominion Financial Services review: approval odds, rates and grade (2025)

Dominion Financial Services earns an A, placing it in the top fifth of investment-property lenders. It turned down 0.0% of the applications it decided on in 2025, which ranks in the 91st percentile for approval odds. Compared against 220 investment-property lenders using 2025 HMDA filings.

4.8kApplications2025
54.7%Originatedof applications
0.0%Decision denial ratenational 22.6%
7.63%Median ratenational 6.63%
$742MLoan volume51 states

Dominion Financial Services at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

0.0%Denial rate (all applications)-17.98 pts vs national
0.0%Denial rate (decided applications)-22.59 pts vs national
54.7%Origination rate-3.32 pts vs national
0.0%Withdrawn by applicant
0.0%Closed for incompleteness
7.63%Median interest rate+1.00 pts vs national
Median rate spread (pts over APOR)
$185,000Median loan amount
Median total loan costs
Median applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

91st0.0% denied

Processwithdrawn + incomplete share, weight 15%

87th0.0%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20233,8282,2390.0%0.0%8.00%$579M
20243,8732,4280.0%0.0%7.63%$727M
20254,8242,6390.0%0.0%7.63%$742M

What Dominion Financial Services lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 2,081 43% · 0.0% denied
Refinance 928 19% · 0.0% denied
Cash-out refinance 1,815 38% · 0.0% denied

By loan type

Conventional 4,824 100% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 4,824 investment properties.

Who gets approved at Dominion Financial Services

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Applicant ageApplicationsOriginatedDecision denial rate
25–34159200.0%
35–44203250.0%
45–54190420.0%
55–6488120.0%
65–743770.0%

Where Dominion Financial Services lends

51 states and 811 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Maryland5102700.0%7.50%#88
Ohio4592620.0%7.38%#150
Florida4362440.0%9.50%#257
Texas3391830.0%7.38%#320
Pennsylvania2581400.0%7.63%#241
Georgia2491280.0%10.50%#218
North Carolina2281270.0%8.25%#222
Indiana178980.0%7.75%#214
New York165900.0%7.25%#224
Michigan161960.0%9.53%#234
Missouri1611050.0%7.38%#211
Illinois149810.0%11.00%#295
Alabama142780.0%7.38%#189
New Jersey138630.0%7.50%#232
Virginia133800.0%7.49%#256
Tennessee111670.0%7.25%#301
South Carolina103540.0%11.00%#255
California101370.0%11.00%#439
Kentucky90510.0%7.75%#217
Oklahoma75380.0%7.44%#226
Wisconsin71390.0%7.38%#300
Louisiana63330.0%7.38%#229
Mississippi63460.0%11.00%#157
Massachusetts48210.0%7.63%#329
Delaware38320.0%9.50%#137
Arizona29120.0%6.94%#382
New Mexico27230.0%11.00%#180
Colorado26140.0%7.31%#391
District of Columbia26110.0%7.75%#106
Arkansas2590.0%7.25%#263
Connecticut2370.0%7.75%#281
Minnesota23120.0%9.19%#379
Kansas2080.0%7.50%#295
Washington20110.0%8.75%#388
Nebraska15100.0%7.13%#224
Iowa1390.0%7.13%#333
Idaho1370.0%11.00%#254
Oregon1270.0%7.63%#348
Utah1290.0%11.00%#275
West Virginia1230.0%11.00%#236
Vermont1060.0%11.00%#109
Hawaii820.0%9.93%#173
Maine820.0%10.75%#232
New Hampshire830.0%11.00%#275
Alaska730.0%10.50%#118
Montana500.0%#225

Frequently asked questions

Dominion Financial Services denied 0.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 91st percentile of investment-property lenders.

The median interest rate on loans Dominion Financial Services originated in 2025 was 7.63%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 43% of its applications were for home purchases, 57% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Dominion Financial Services. Data sources · Methodology