Kiavi Funding in Virginia vs the state
9.0%Denial rate-6.93 pts vs state
11.3%Decision denial rate-8.99 pts vs state
68.9%Origination rate+9.41 pts vs state
9.95%Median rate+3.32 pts vs state
—Rate spread (pts)
—Median applicant income
903Loans originated
118Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 675 | 452 | 13.2% | 10.55% | #84 |
| 2024 | 857 | 660 | 9.1% | 10.95% | #82 |
| 2025 | 1,310 | 903 | 9.0% | 9.95% | #61 |
What Kiavi Funding lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Kiavi Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Norfolk city | 147 | 103 | 21 | 14.3% |
| Richmond city | 142 | 109 | 12 | 8.5% |
| Virginia Beach city | 107 | 86 | 5 | 4.7% |
| Roanoke city | 78 | 39 | 9 | 11.5% |
| Hampton city | 76 | 38 | 6 | 7.9% |
| Chesapeake city | 74 | 61 | 5 | 6.8% |
| Henrico County | 66 | 50 | 3 | 4.5% |
| Newport News city | 63 | 46 | 8 | 12.7% |
| Portsmouth city | 52 | 38 | 2 | 3.8% |
| Chesterfield County | 45 | 34 | 3 | 6.7% |
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: 1,310 applications in 2025, of which 903 were originated and 118 denied.
9.0% of all applications, or 11.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Kiavi Funding originated in Virginia in 2025 was 9.95%, against a statewide median of 6.63%.
About this data. Figures are Kiavi Funding'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