HSBC Bank USA in Virginia vs the state
9.1%Denial rate-6.85 pts vs state
19.1%Decision denial rate-1.20 pts vs state
38.6%Origination rate-20.88 pts vs state
5.99%Median rate-0.63 pts vs state
-0.09Rate spread (pts)-0.31 pts vs state
$309kMedian applicant income
17Loans originated
4Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 57 | 32 | 10.5% | 6.39% | #340 |
| 2024 | 56 | 31 | 5.4% | 6.58% | #349 |
| 2025 | 44 | 17 | 9.1% | 5.99% | #391 |
What HSBC Bank USA lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most HSBC Bank USA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 20 | 8 | 4 | 20.0% |
| Loudoun County | 5 | 3 | 0 | 0.0% |
| Richmond city | 4 | 1 | 0 | 0.0% |
| Alexandria city | 3 | 1 | 0 | 0.0% |
| Spotsylvania County | 3 | 1 | 0 | 0.0% |
| Arlington County | 3 | 1 | 0 | 0.0% |
| Prince William County | 2 | 1 | 0 | 0.0% |
| Charlottesville city | 1 | 0 | 0 | 0.0% |
| Frederick County | 1 | 1 | 0 | 0.0% |
| Virginia Beach city | 1 | 0 | 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: 44 applications in 2025, of which 17 were originated and 4 denied.
9.1% of all applications, or 19.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans HSBC Bank USA originated in Virginia in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are HSBC Bank USA'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