Iserve Residential Lending in Virginia vs the state
7.5%Denial rate-8.44 pts vs state
9.4%Decision denial rate-10.87 pts vs state
67.5%Origination rate+7.98 pts vs state
6.63%Median rate0.00 pts vs state
0.80Rate spread (pts)+0.58 pts vs state
$97kMedian applicant income
27Loans originated
3Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 52 | 33 | 13.5% | 6.88% | #360 |
| 2024 | 49 | 28 | 12.2% | 7.06% | #371 |
| 2025 | 40 | 27 | 7.5% | 6.63% | #401 |
What Iserve Residential Lending lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Iserve Residential Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hampton city | 10 | 7 | 0 | 0.0% |
| Norfolk city | 6 | 4 | 1 | 16.7% |
| Virginia Beach city | 5 | 4 | 0 | 0.0% |
| Portsmouth city | 4 | 2 | 1 | 25.0% |
| Chesapeake city | 3 | 1 | 0 | 0.0% |
| Newport News city | 3 | 2 | 0 | 0.0% |
| Fairfax County | 1 | 1 | 0 | 0.0% |
| Petersburg city | 1 | 0 | 0 | 0.0% |
| Colonial Heights city | 1 | 0 | 1 | 100.0% |
| Dinwiddie County | 1 | 1 | 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: 40 applications in 2025, of which 27 were originated and 3 denied.
7.5% of all applications, or 9.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Iserve Residential Lending originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Iserve Residential Lending'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