Equity Resources · Virginia · 2025

Equity Resources in Virginia: approval rate, denial rate and rates (2025)

Equity Resources took 64 mortgage applications in Virginia in 2025, ranking #342 of 1,013 lenders active in the state. It originated 67.2% of them and denied 3.1% (4.4% of the applications it decided), against a statewide denial rate of 15.9%.

64Applicationsin VA
4.4%Decision denial ratestate 20.3%
6.88%Median ratestate 6.63%
$285,000Median loanstate $255,000
$15MVolume29 counties

Equity Resources in Virginia vs the state

3.1%Denial rate-12.81 pts vs state
4.4%Decision denial rate-15.81 pts vs state
67.2%Origination rate+7.67 pts vs state
6.88%Median rate+0.25 pts vs state
0.34Rate spread (pts)+0.12 pts vs state
$117kMedian applicant income
43Loans originated
2Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322150.0%7.00%#466
202433246.1%6.63%#420
202564433.1%6.88%#342

What Equity Resources lends in Virginia

By loan purpose

Home purchase 43 67% · 0.0% denied
Refinance 10 16% · 10.0% denied
Cash-out refinance 11 17% · 9.1% denied

By loan type

Conventional 53 83% · 3.8% denied
FHA 6 9% · 0.0% denied
VA 5 8% · 0.0% denied

Why it denied Virginia applicants

Incomplete application 1 50%
Unverifiable information 1 50%

Where in Virginia

Counties with the most Equity Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mecklenburg County 15100 0.0%
Richmond city 530 0.0%
Fairfax County 540 0.0%
Henrico County 440 0.0%
Prince William County 311 33.3%
Alexandria city 320 0.0%
Chesterfield County 210 0.0%
Montgomery County 200 0.0%
Loudoun County 220 0.0%
Campbell County 210 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: 64 applications in 2025, of which 43 were originated and 2 denied.

3.1% of all applications, or 4.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Equity Resources originated in Virginia in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Equity Resources'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