Intercoastal Mortgage · Virginia · 2025

Intercoastal Mortgage in Virginia: approval rate, denial rate and rates (2025)

Intercoastal Mortgage took 1,651 mortgage applications in Virginia in 2025, ranking #51 of 1,013 lenders active in the state. It originated 82.3% of them and denied 2.1% (2.3% of the applications it decided), against a statewide denial rate of 15.9%.

1.7kApplicationsin VA
2.3%Decision denial ratestate 20.3%
6.38%Median ratestate 6.63%
$585,000Median loanstate $255,000
$836MVolume69 counties

Intercoastal Mortgage in Virginia vs the state

2.1%Denial rate-13.82 pts vs state
2.3%Decision denial rate-17.92 pts vs state
82.3%Origination rate+22.79 pts vs state
6.38%Median rate-0.25 pts vs state
-0.03Rate spread (pts)-0.25 pts vs state
$194kMedian applicant income
1,359Loans originated
35Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,6331,3271.1%6.38%#42
20241,7371,4870.9%6.50%#46
20251,6511,3592.1%6.38%#51

What Intercoastal Mortgage lends in Virginia

By loan purpose

Home purchase 1,498 91% · 2.2% denied
Refinance 105 6% · 0.0% denied
Cash-out refinance 47 3% · 4.3% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 1,317 80% · 1.8% denied
FHA 109 7% · 6.4% denied
VA 223 14% · 2.2% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 17 49%
Credit history 6 17%
Insufficient cash 4 11%
Collateral 4 11%
Other 2 6%
Employment history 1 3%
Unverifiable information 1 3%

Where in Virginia

Counties with the most Intercoastal Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Loudoun County 48441210 2.1%
Fairfax County 46436813 2.8%
Prince William County 1341093 2.2%
Arlington County 87671 1.1%
Frederick County 86800 0.0%
Fauquier County 76691 1.3%
Alexandria city 52451 1.9%
Stafford County 29260 0.0%
Warren County 1590 0.0%
Manassas city 1490 0.0%

Other large lenders in Virginia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 19,39519.3%7.75%
Rocket MortgageC 19,27414.8%6.63%
United Shore Financial ServicesB 13,99410.4%6.12%
Truist BankC 11,83831.6%6.49%
Mortgage Research CenterC 9,00016.7%6.25%
Pennymac Loan ServicesC 8,33410.7%6.38%
Freedom MortgageB 8,0296.5%6.25%
Bank of AmericaF 6,58431.9%6.24%
NewrezD 6,39016.4%6.38%
Movement MortgageA 6,1264.3%6.56%

Frequently asked questions

Virginia: 1,651 applications in 2025, of which 1,359 were originated and 35 denied.

2.1% of all applications, or 2.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Intercoastal Mortgage originated in Virginia in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Intercoastal 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