Guaranteed Rate in Virginia vs the state
4.9%Denial rate-11.01 pts vs state
8.0%Decision denial rate-12.25 pts vs state
54.9%Origination rate-4.62 pts vs state
6.25%Median rate-0.38 pts vs state
-0.03Rate spread (pts)-0.25 pts vs state
$161kMedian applicant income
1,737Loans originated
156Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,695 | 841 | 3.2% | 6.40% | #40 |
| 2024 | 1,972 | 1,217 | 6.1% | 6.50% | #41 |
| 2025 | 3,164 | 1,737 | 4.9% | 6.25% | #26 |
What Guaranteed Rate lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Guaranteed Rate applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 691 | 408 | 18 | 2.6% |
| Loudoun County | 403 | 225 | 16 | 4.0% |
| Prince William County | 282 | 166 | 14 | 5.0% |
| Arlington County | 154 | 104 | 6 | 3.9% |
| Stafford County | 146 | 102 | 9 | 6.2% |
| Spotsylvania County | 133 | 80 | 4 | 3.0% |
| Alexandria city | 130 | 66 | 8 | 6.2% |
| Virginia Beach city | 81 | 39 | 6 | 7.4% |
| Chesterfield County | 59 | 24 | 1 | 1.7% |
| Henrico County | 57 | 23 | 3 | 5.3% |
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: 3,164 applications in 2025, of which 1,737 were originated and 156 denied.
4.9% of all applications, or 8.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Guaranteed Rate originated in Virginia in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Guaranteed Rate'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