FlexPoint in Virginia vs the state
3.4%Denial rate-12.53 pts vs state
5.2%Decision denial rate-15.08 pts vs state
52.3%Origination rate-7.25 pts vs state
7.13%Median rate+0.50 pts vs state
0.65Rate spread (pts)+0.43 pts vs state
$146kMedian applicant income
46Loans originated
3Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 35 | 15 | 2.9% | 7.13% | #416 |
| 2025 | 88 | 46 | 3.4% | 7.13% | #303 |
What FlexPoint lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most FlexPoint applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 14 | 8 | 0 | 0.0% |
| Virginia Beach city | 11 | 8 | 1 | 9.1% |
| Chesapeake city | 6 | 3 | 0 | 0.0% |
| Prince William County | 5 | 2 | 0 | 0.0% |
| Spotsylvania County | 5 | 1 | 0 | 0.0% |
| Staunton city | 4 | 0 | 0 | 0.0% |
| Charlottesville city | 4 | 4 | 0 | 0.0% |
| Chesterfield County | 3 | 1 | 0 | 0.0% |
| Loudoun County | 3 | 1 | 0 | 0.0% |
| Montgomery County | 3 | 1 | 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: 88 applications in 2025, of which 46 were originated and 3 denied.
3.4% of all applications, or 5.2% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans FlexPoint originated in Virginia in 2025 was 7.13%, against a statewide median of 6.63%.
About this data. Figures are FlexPoint'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