Ixonia Bank in Virginia vs the state
3.4%Denial rate-12.58 pts vs state
4.3%Decision denial rate-16.00 pts vs state
74.9%Origination rate+15.42 pts vs state
6.63%Median rate0.00 pts vs state
0.36Rate spread (pts)+0.14 pts vs state
$124kMedian applicant income
290Loans originated
13Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 202 | 129 | 4.0% | 6.88% | #186 |
| 2024 | 242 | 166 | 4.1% | 6.88% | #184 |
| 2025 | 387 | 290 | 3.4% | 6.63% | #133 |
What Ixonia Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Ixonia Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Louisa County | 77 | 56 | 2 | 2.6% |
| Augusta County | 47 | 37 | 0 | 0.0% |
| Albemarle County | 39 | 30 | 2 | 5.1% |
| Nelson County | 23 | 19 | 0 | 0.0% |
| Charlottesville city | 18 | 15 | 1 | 5.6% |
| Fluvanna County | 15 | 11 | 1 | 6.7% |
| Greene County | 13 | 11 | 0 | 0.0% |
| Waynesboro city | 13 | 8 | 0 | 0.0% |
| Spotsylvania County | 12 | 9 | 0 | 0.0% |
| Staunton city | 11 | 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: 387 applications in 2025, of which 290 were originated and 13 denied.
3.4% of all applications, or 4.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Ixonia Bank originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Ixonia Bank'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