Embrace Home Loans · Virginia · 2025

Embrace Home Loans in Virginia: approval rate, denial rate and rates (2025)

Embrace Home Loans took 761 mortgage applications in Virginia in 2025, ranking #93 of 1,013 lenders active in the state. It originated 76.5% of them and denied 3.3% (3.9% of the applications it decided), against a statewide denial rate of 15.9%.

761Applicationsin VA
3.9%Decision denial ratestate 20.3%
6.31%Median ratestate 6.63%
$465,000Median loanstate $255,000
$308MVolume65 counties

Embrace Home Loans in Virginia vs the state

3.3%Denial rate-12.65 pts vs state
3.9%Decision denial rate-16.37 pts vs state
76.5%Origination rate+16.96 pts vs state
6.31%Median rate-0.31 pts vs state
0.00Rate spread (pts)-0.22 pts vs state
$152kMedian applicant income
582Loans originated
25Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,2348885.8%6.49%#52
20249997216.2%6.63%#76
20257615823.3%6.31%#93

What Embrace Home Loans lends in Virginia

By loan purpose

Home purchase 640 84% · 2.5% denied
Refinance 77 10% · 5.2% denied
Cash-out refinance 40 5% · 12.5% denied
Home improvement 2 0% · 0.0% denied
Other / HELOC 2 0% · 0.0% denied

By loan type

Conventional 457 60% · 3.3% denied
FHA 148 19% · 5.4% denied
VA 144 19% · 0.7% denied
USDA / RHS 12 2% · 8.3% denied

Why it denied Virginia applicants

Debt-to-income ratio 11 44%
Collateral 6 24%
Unverifiable information 2 8%
Insufficient cash 2 8%
Credit history 2 8%
Employment history 1 4%
Other 1 4%

Where in Virginia

Counties with the most Embrace Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 2091614 1.9%
Prince William County 85655 5.9%
Loudoun County 71582 2.8%
Culpeper County 37301 2.7%
Stafford County 35280 0.0%
Spotsylvania County 34261 2.9%
Arlington County 26241 3.8%
Alexandria city 25172 8.0%
King George County 19140 0.0%
Louisa County 16140 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: 761 applications in 2025, of which 582 were originated and 25 denied.

3.3% of all applications, or 3.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Embrace Home Loans originated in Virginia in 2025 was 6.31%, against a statewide median of 6.63%.

About this data. Figures are Embrace Home Loans'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