GoodLeap · Virginia · 2025

GoodLeap in Virginia: approval rate, denial rate and rates (2025)

GoodLeap took 762 mortgage applications in Virginia in 2025, ranking #92 of 1,013 lenders active in the state. It originated 46.3% of them and denied 24.2% (29.0% of the applications it decided), against a statewide denial rate of 15.9%.

762Applicationsin VA
29.0%Decision denial ratestate 20.3%
6.13%Median ratestate 6.63%
$165,000Median loanstate $255,000
$69MVolume95 counties

GoodLeap in Virginia vs the state

24.2%Denial rate+8.21 pts vs state
29.0%Decision denial rate+8.77 pts vs state
46.3%Origination rate-13.19 pts vs state
6.13%Median rate-0.50 pts vs state
-0.08Rate spread (pts)-0.30 pts vs state
$85kMedian applicant income
353Loans originated
184Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333714324.9%5.88%#137
202457728020.8%5.88%#97
202576235324.2%6.13%#92

What GoodLeap lends in Virginia

By loan purpose

Refinance 66 9% · 27.3% denied
Cash-out refinance 696 91% · 23.9% denied

By loan type

Conventional 377 49% · 24.4% denied
FHA 225 30% · 29.3% denied
VA 160 21% · 16.3% denied

Why it denied Virginia applicants

Debt-to-income ratio 56 30%
Collateral 37 20%
Credit history 27 15%
Other 25 14%
Incomplete application 24 13%
Insufficient cash 8 4%
Unverifiable information 6 3%
Employment history 1 1%

Where in Virginia

Counties with the most GoodLeap applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 633014 22.2%
Henrico County 44239 20.5%
Chesapeake city 38207 18.4%
Norfolk city 341613 38.2%
Hampton city 29137 24.1%
Roanoke city 28127 25.0%
Chesterfield County 28149 32.1%
Prince William County 2696 23.1%
Newport News city 26139 34.6%
Fairfax County 2394 17.4%

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: 762 applications in 2025, of which 353 were originated and 184 denied.

24.2% of all applications, or 29.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans GoodLeap originated in Virginia in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are GoodLeap'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