GTE Federal Credit Union in Virginia vs the state
24.1%Denial rate+8.20 pts vs state
25.9%Decision denial rate+5.68 pts vs state
65.5%Origination rate+6.00 pts vs state
8.75%Median rate+2.13 pts vs state
1.88Rate spread (pts)+1.66 pts vs state
$195kMedian applicant income
19Loans originated
7Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 13 | 5 | 30.8% | 10.00% | #533 |
| 2024 | 17 | 12 | 17.7% | 11.06% | #505 |
| 2025 | 29 | 19 | 24.1% | 8.75% | #445 |
What GTE Federal Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most GTE Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 4 | 3 | 1 | 25.0% |
| Loudoun County | 3 | 3 | 0 | 0.0% |
| Prince William County | 2 | 2 | 0 | 0.0% |
| Suffolk city | 2 | 1 | 1 | 50.0% |
| Norfolk city | 2 | 0 | 1 | 50.0% |
| Spotsylvania County | 1 | 1 | 0 | 0.0% |
| Falls Church city | 1 | 1 | 0 | 0.0% |
| Frederick County | 1 | 0 | 1 | 100.0% |
| Fauquier County | 1 | 1 | 0 | 0.0% |
| Henrico County | 1 | 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: 29 applications in 2025, of which 19 were originated and 7 denied.
24.1% of all applications, or 25.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans GTE Federal Credit Union originated in Virginia in 2025 was 8.75%, against a statewide median of 6.63%.
About this data. Figures are GTE Federal Credit Union'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