Farm Credit of the Virginias, ACA in Virginia vs the state
20.3%Denial rate+4.31 pts vs state
26.1%Decision denial rate+5.81 pts vs state
56.2%Origination rate-3.32 pts vs state
7.96%Median rate+1.34 pts vs state
1.35Rate spread (pts)+1.13 pts vs state
$134kMedian applicant income
136Loans originated
49Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 168 | 84 | 19.6% | 8.75% | #206 |
| 2024 | 193 | 112 | 21.2% | 8.42% | #209 |
| 2025 | 242 | 136 | 20.3% | 7.96% | #188 |
What Farm Credit of the Virginias, ACA lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Farm Credit of the Virginias, ACA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Augusta County | 21 | 16 | 3 | 14.3% |
| Washington County | 20 | 11 | 5 | 25.0% |
| Rockingham County | 13 | 6 | 4 | 30.8% |
| Orange County | 12 | 3 | 4 | 33.3% |
| Pittsylvania County | 11 | 6 | 3 | 27.3% |
| Loudoun County | 10 | 6 | 0 | 0.0% |
| Halifax County | 10 | 8 | 1 | 10.0% |
| Bedford County | 10 | 4 | 4 | 40.0% |
| Scott County | 8 | 6 | 0 | 0.0% |
| Albemarle County | 8 | 6 | 0 | 0.0% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 242 applications in 2025, of which 136 were originated and 49 denied.
20.3% of all applications, or 26.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Farm Credit of the Virginias, ACA originated in Virginia in 2025 was 7.96%, against a statewide median of 6.63%.
About this data. Figures are Farm Credit of the Virginias, ACA'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