LANGLEY Federal Credit Union · Virginia · 2025

LANGLEY Federal Credit Union in Virginia: approval rate, denial rate and rates (2025)

LANGLEY Federal Credit Union took 3,618 mortgage applications in Virginia in 2025, ranking #19 of 1,013 lenders active in the state. It originated 74.7% of them and denied 20.0% (21.1% of the applications it decided), against a statewide denial rate of 15.9%.

3.6kApplicationsin VA
21.1%Decision denial ratestate 20.3%
6.99%Median ratestate 6.63%
$75,000Median loanstate $255,000
$358MVolume97 counties

LANGLEY Federal Credit Union in Virginia vs the state

20.0%Denial rate+4.10 pts vs state
21.1%Decision denial rate+0.83 pts vs state
74.7%Origination rate+15.13 pts vs state
6.99%Median rate+0.37 pts vs state
0.76Rate spread (pts)+0.54 pts vs state
$108kMedian applicant income
2,701Loans originated
725Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,6381,86021.3%7.49%#23
20242,8452,10721.3%7.99%#24
20253,6182,70120.0%6.99%#19

What LANGLEY Federal Credit Union lends in Virginia

By loan purpose

Home purchase 243 7% · 8.6% denied
Refinance 686 19% · 12.0% denied
Cash-out refinance 75 2% · 6.7% denied
Home improvement 1,371 38% · 19.0% denied
Other / HELOC 1,243 34% · 28.6% denied

By loan type

Conventional 3,597 99% · 20.1% denied
FHA 5 0% · 20.0% denied
VA 16 0% · 12.5% denied

Why it denied Virginia applicants

Credit history 332 46%
Debt-to-income ratio 245 34%
Other 73 10%
Collateral 59 8%
Unverifiable information 13 2%
Employment history 2 0%
Insufficient cash 1 0%

Where in Virginia

Counties with the most LANGLEY Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Newport News city 488347121 24.8%
Hampton city 47434099 20.9%
Virginia Beach city 42332880 18.9%
York County 27924327 9.7%
Chesapeake city 26119356 21.5%
Norfolk city 18212646 25.3%
James City County 17814522 12.4%
Gloucester County 14311419 13.3%
Isle of Wight County 1169413 11.2%
Portsmouth city 1157038 33.0%

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: 3,618 applications in 2025, of which 2,701 were originated and 725 denied.

20.0% of all applications, or 21.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans LANGLEY Federal Credit Union originated in Virginia in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are LANGLEY Federal Credit Union'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