Hometown Equity Mortgage in Virginia vs the state
40.8%Denial rate+24.89 pts vs state
41.2%Decision denial rate+20.93 pts vs state
57.5%Origination rate-2.02 pts vs state
7.00%Median rate+0.38 pts vs state
0.97Rate spread (pts)+0.75 pts vs state
$234kMedian applicant income
138Loans originated
98Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 125 | 45 | 48.8% | 9.25% | #238 |
| 2024 | 116 | 70 | 38.8% | 7.44% | #264 |
| 2025 | 240 | 138 | 40.8% | 7.00% | #190 |
What Hometown Equity Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Hometown Equity Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Richmond city | 26 | 19 | 7 | 26.9% |
| Chesterfield County | 25 | 19 | 6 | 24.0% |
| Norfolk city | 15 | 10 | 4 | 26.7% |
| Fairfax County | 14 | 4 | 10 | 71.4% |
| Virginia Beach city | 13 | 8 | 5 | 38.5% |
| Prince William County | 11 | 8 | 3 | 27.3% |
| Petersburg city | 11 | 6 | 5 | 45.5% |
| Loudoun County | 10 | 4 | 6 | 60.0% |
| Portsmouth city | 10 | 4 | 6 | 60.0% |
| Lynchburg city | 8 | 8 | 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: 240 applications in 2025, of which 138 were originated and 98 denied.
40.8% of all applications, or 41.2% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Hometown Equity Mortgage originated in Virginia in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are Hometown Equity 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