Evolve Bank & Trust · Virginia · 2025

Evolve Bank & Trust in Virginia: approval rate, denial rate and rates (2025)

Evolve Bank & Trust took 7 mortgage applications in Virginia in 2025, ranking #616 of 1,013 lenders active in the state. It originated 14.3% of them and denied 28.6% (66.7% of the applications it decided), against a statewide denial rate of 15.9%.

7Applicationsin VA
66.7%Decision denial ratestate 20.3%
6.50%Median ratestate 6.63%
$405,000Median loanstate $255,000
$455kVolume6 counties

Evolve Bank & Trust in Virginia vs the state

28.6%Denial rate+12.63 pts vs state
66.7%Decision denial rate+46.42 pts vs state
14.3%Origination rate-45.23 pts vs state
6.50%Median rate-0.13 pts vs state
0.46Rate spread (pts)+0.24 pts vs state
$84kMedian applicant income
1Loans originated
2Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023342417.7%6.75%#410
202432223.1%6.75%#424
20257128.6%6.50%#616

What Evolve Bank & Trust lends in Virginia

By loan purpose

Home purchase 5 71% · 20.0% denied
Cash-out refinance 2 29% · 50.0% denied

By loan type

Conventional 1 14% · 100.0% denied
FHA 5 71% · 0.0% denied
VA 1 14% · 100.0% denied

Why it denied Virginia applicants

Incomplete application 2 100%

Where in Virginia

Counties with the most Evolve Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Portsmouth city 200 0.0%
Newport News city 100 0.0%
Orange County 110 0.0%
Chesapeake city 101 100.0%
Franklin city 101 100.0%
Accomack County 100 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: 7 applications in 2025, of which 1 were originated and 2 denied.

28.6% of all applications, or 66.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Evolve Bank & Trust originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Evolve Bank & Trust'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