Investor Mortgage Finance · Virginia · 2025

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

Investor Mortgage Finance took 170 mortgage applications in Virginia in 2025, ranking #223 of 1,013 lenders active in the state. It originated 65.9% of them and denied 14.7% (18.3% of the applications it decided), against a statewide denial rate of 15.9%.

170Applicationsin VA
18.3%Decision denial ratestate 20.3%
7.29%Median ratestate 6.63%
$215,000Median loanstate $255,000
$29MVolume0 counties

Investor Mortgage Finance in Virginia vs the state

14.7%Denial rate-1.23 pts vs state
18.3%Decision denial rate-2.00 pts vs state
65.9%Origination rate+6.36 pts vs state
7.29%Median rate+0.66 pts vs state
Rate spread (pts)
Median applicant income
112Loans originated
25Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202419313114.0%7.55%#207
202517011214.7%7.29%#223

What Investor Mortgage Finance lends in Virginia

By loan purpose

Home purchase 40 24% · 25.0% denied
Refinance 31 18% · 19.4% denied
Cash-out refinance 99 58% · 9.1% denied

By loan type

Conventional 170 100% · 14.7% denied

Why it denied Virginia applicants

Credit history 11 44%
Collateral 11 44%
Unverifiable information 2 8%
Incomplete application 1 4%

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: 170 applications in 2025, of which 112 were originated and 25 denied.

14.7% of all applications, or 18.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Investor Mortgage Finance originated in Virginia in 2025 was 7.29%, against a statewide median of 6.63%.

About this data. Figures are Investor Mortgage Finance'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