Genway Home Mortgage · Virginia · 2025

Genway Home Mortgage in Virginia: approval rate, denial rate and rates (2025)

Genway Home Mortgage took 68 mortgage applications in Virginia in 2025, ranking #337 of 1,013 lenders active in the state. It originated 44.1% of them and denied 35.3% (44.4% of the applications it decided), against a statewide denial rate of 15.9%.

68Applicationsin VA
44.4%Decision denial ratestate 20.3%
7.50%Median ratestate 6.63%
$270,000Median loanstate $255,000
$6.7MVolume27 counties

Genway Home Mortgage in Virginia vs the state

35.3%Denial rate+19.35 pts vs state
44.4%Decision denial rate+24.19 pts vs state
44.1%Origination rate-15.40 pts vs state
7.50%Median rate+0.88 pts vs state
1.97Rate spread (pts)+1.75 pts vs state
$99kMedian applicant income
30Loans originated
24Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20247328.6%6.75%#600
2025683035.3%7.50%#337

What Genway Home Mortgage lends in Virginia

By loan purpose

Home purchase 58 85% · 36.2% denied
Refinance 5 7% · 20.0% denied
Cash-out refinance 5 7% · 40.0% denied

By loan type

Conventional 31 46% · 32.3% denied
FHA 28 41% · 35.7% denied
VA 8 12% · 50.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Virginia applicants

Incomplete application 12 50%
Debt-to-income ratio 6 25%
Unverifiable information 2 8%
Employment history 2 8%
Collateral 1 4%
Insufficient cash 1 4%

Where in Virginia

Counties with the most Genway Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chesterfield County 614 66.7%
Stafford County 632 33.3%
Chesapeake city 522 40.0%
Loudoun County 440 0.0%
Suffolk city 402 50.0%
Newport News city 422 50.0%
Richmond city 312 66.7%
Norfolk city 301 33.3%
Prince William County 302 66.7%
Bedford County 321 33.3%

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: 68 applications in 2025, of which 30 were originated and 24 denied.

35.3% of all applications, or 44.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Genway Home Mortgage originated in Virginia in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Genway Home 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