Fidelity Direct Mortgage · Virginia · 2025

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

Fidelity Direct Mortgage took 222 mortgage applications in Virginia in 2025, ranking #196 of 1,013 lenders active in the state. It originated 82.0% of them and denied 7.7% (8.3% of the applications it decided), against a statewide denial rate of 15.9%.

222Applicationsin VA
8.3%Decision denial ratestate 20.3%
6.50%Median ratestate 6.63%
$345,000Median loanstate $255,000
$67MVolume44 counties

Fidelity Direct Mortgage in Virginia vs the state

7.7%Denial rate-8.28 pts vs state
8.3%Decision denial rate-11.96 pts vs state
82.0%Origination rate+22.46 pts vs state
6.50%Median rate-0.13 pts vs state
0.35Rate spread (pts)+0.13 pts vs state
$117kMedian applicant income
182Loans originated
17Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202320014013.5%6.88%#187
20242471807.3%6.75%#181
20252221827.7%6.50%#196

What Fidelity Direct Mortgage lends in Virginia

By loan purpose

Home purchase 174 78% · 8.1% denied
Refinance 48 22% · 6.3% denied

By loan type

Conventional 129 58% · 5.4% denied
FHA 79 36% · 12.7% denied
VA 14 6% · 0.0% denied

Why it denied Virginia applicants

Collateral 4 24%
Insufficient cash 4 24%
Unverifiable information 2 12%
Credit history 2 12%
Debt-to-income ratio 2 12%
Other 1 6%
Employment history 1 6%
Incomplete application 1 6%

Where in Virginia

Counties with the most Fidelity Direct Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 33253 9.1%
Prince William County 27223 11.1%
Stafford County 1291 8.3%
Bedford County 11100 0.0%
Loudoun County 11101 9.1%
Chesapeake city 970 0.0%
Alexandria city 971 11.1%
Lynchburg city 880 0.0%
Suffolk city 862 25.0%
Newport News city 861 12.5%

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: 222 applications in 2025, of which 182 were originated and 17 denied.

7.7% of all applications, or 8.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Fidelity Direct Mortgage originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Fidelity Direct 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