HENRICO Federal Credit Union in Virginia vs the state
19.3%Denial rate+3.33 pts vs state
19.5%Decision denial rate-0.72 pts vs state
73.8%Origination rate+14.23 pts vs state
6.49%Median rate-0.13 pts vs state
0.41Rate spread (pts)+0.19 pts vs state
$92kMedian applicant income
222Loans originated
58Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 211 | 170 | 10.9% | 6.74% | #182 |
| 2024 | 240 | 175 | 13.8% | 7.24% | #185 |
| 2025 | 301 | 222 | 19.3% | 6.49% | #161 |
What HENRICO Federal Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most HENRICO Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Henrico County | 161 | 119 | 30 | 18.6% |
| Chesterfield County | 49 | 36 | 12 | 24.5% |
| Hanover County | 37 | 29 | 5 | 13.5% |
| Richmond city | 19 | 9 | 8 | 42.1% |
| Louisa County | 5 | 4 | 1 | 20.0% |
| Petersburg city | 4 | 3 | 0 | 0.0% |
| Powhatan County | 4 | 4 | 0 | 0.0% |
| Dinwiddie County | 3 | 2 | 0 | 0.0% |
| Caroline County | 3 | 3 | 0 | 0.0% |
| New Kent County | 3 | 3 | 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: 301 applications in 2025, of which 222 were originated and 58 denied.
19.3% of all applications, or 19.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans HENRICO Federal Credit Union originated in Virginia in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are HENRICO 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