Envoy Mortgage · Virginia · 2025

Envoy Mortgage in Virginia: approval rate, denial rate and rates (2025)

Envoy Mortgage took 211 mortgage applications in Virginia in 2025, ranking #201 of 1,013 lenders active in the state. It originated 57.8% of them and denied 12.3% (17.5% of the applications it decided), against a statewide denial rate of 15.9%.

211Applicationsin VA
17.5%Decision denial ratestate 20.3%
6.63%Median ratestate 6.63%
$405,000Median loanstate $255,000
$59MVolume44 counties

Envoy Mortgage in Virginia vs the state

12.3%Denial rate-3.62 pts vs state
17.5%Decision denial rate-2.80 pts vs state
57.8%Origination rate-1.70 pts vs state
6.63%Median rate0.00 pts vs state
0.32Rate spread (pts)+0.10 pts vs state
$139kMedian applicant income
122Loans originated
26Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202352337.7%6.50%#359
2024100667.0%6.63%#279
202521112212.3%6.63%#201

What Envoy Mortgage lends in Virginia

By loan purpose

Home purchase 160 76% · 7.5% denied
Refinance 33 16% · 39.4% denied
Cash-out refinance 18 9% · 5.6% denied

By loan type

Conventional 125 59% · 12.8% denied
FHA 41 19% · 14.6% denied
VA 41 19% · 7.3% denied
USDA / RHS 4 2% · 25.0% denied

Why it denied Virginia applicants

Incomplete application 16 62%
Credit history 3 12%
Debt-to-income ratio 3 12%
Other 3 12%
Employment history 1 4%

Where in Virginia

Counties with the most Envoy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 28172 7.1%
Prince William County 24143 12.5%
Loudoun County 1491 7.1%
Frederick County 1343 23.1%
Culpeper County 1264 33.3%
Page County 1153 27.3%
Shenandoah County 1160 0.0%
Arlington County 1052 20.0%
Accomack County 860 0.0%
Spotsylvania County 751 14.3%

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: 211 applications in 2025, of which 122 were originated and 26 denied.

12.3% of all applications, or 17.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Envoy Mortgage originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Envoy Mortgage'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