Eastman Credit Union · Virginia · 2025

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

Eastman Credit Union took 1,114 mortgage applications in Virginia in 2025, ranking #67 of 1,013 lenders active in the state. It originated 56.2% of them and denied 27.6% (32.3% of the applications it decided), against a statewide denial rate of 15.9%.

1.1kApplicationsin VA
32.3%Decision denial ratestate 20.3%
7.38%Median ratestate 6.63%
$85,000Median loanstate $255,000
$81MVolume37 counties

Eastman Credit Union in Virginia vs the state

27.6%Denial rate+11.62 pts vs state
32.3%Decision denial rate+12.00 pts vs state
56.2%Origination rate-3.33 pts vs state
7.38%Median rate+0.75 pts vs state
0.99Rate spread (pts)+0.77 pts vs state
$72kMedian applicant income
626Loans originated
307Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,08767923.6%7.38%#60
20241,14873621.1%7.50%#61
20251,11462627.6%7.38%#67

What Eastman Credit Union lends in Virginia

By loan purpose

Home purchase 413 37% · 14.8% denied
Refinance 37 3% · 35.1% denied
Cash-out refinance 183 16% · 34.4% denied
Home improvement 251 23% · 33.9% denied
Other / HELOC 230 21% · 37.0% denied

By loan type

Conventional 1,112 100% · 27.5% denied
VA 2 0% · 50.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 154 50%
Credit history 82 27%
Other 28 9%
Collateral 24 8%
Employment history 10 3%
Unverifiable information 4 1%
Incomplete application 3 1%
Insufficient cash 2 1%

Where in Virginia

Counties with the most Eastman Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 30818079 25.6%
Wise County 1498340 26.8%
Scott County 1397737 26.6%
Bristol city 1327645 34.1%
Russell County 925321 22.8%
Lee County 914530 33.0%
Smyth County 563017 30.4%
Dickenson County 432411 25.6%
Tazewell County 25118 32.0%
Buchanan County 2299 40.9%

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: 1,114 applications in 2025, of which 626 were originated and 307 denied.

27.6% of all applications, or 32.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Eastman Credit Union originated in Virginia in 2025 was 7.38%, against a statewide median of 6.63%.

About this data. Figures are Eastman 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