Leader Bank · Virginia · 2025

Leader Bank in Virginia: approval rate, denial rate and rates (2025)

Leader Bank took 33 mortgage applications in Virginia in 2025, ranking #430 of 1,013 lenders active in the state. It originated 75.8% of them and denied 3.0% (3.3% of the applications it decided), against a statewide denial rate of 15.9%.

33Applicationsin VA
3.3%Decision denial ratestate 20.3%
6.13%Median ratestate 6.63%
$315,000Median loanstate $255,000
$11MVolume14 counties

Leader Bank in Virginia vs the state

3.0%Denial rate-12.91 pts vs state
3.3%Decision denial rate-16.92 pts vs state
75.8%Origination rate+16.24 pts vs state
6.13%Median rate-0.50 pts vs state
-0.32Rate spread (pts)-0.54 pts vs state
$222kMedian applicant income
25Loans originated
1Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312110.0%6.50%#536
202420160.0%6.62%#483
202533253.0%6.13%#430

What Leader Bank lends in Virginia

By loan purpose

Home purchase 20 61% · 0.0% denied
Refinance 4 12% · 0.0% denied
Cash-out refinance 3 9% · 33.3% denied
Other / HELOC 6 18% · 0.0% denied

By loan type

Conventional 33 100% · 3.0% denied

Why it denied Virginia applicants

Credit history 1 100%

Where in Virginia

Counties with the most Leader Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 750 0.0%
Arlington County 550 0.0%
Loudoun County 311 33.3%
Alexandria city 330 0.0%
Norfolk city 310 0.0%
Accomack County 210 0.0%
Roanoke County 220 0.0%
Prince William County 220 0.0%
Wythe County 110 0.0%
Rockbridge County 110 0.0%

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: 33 applications in 2025, of which 25 were originated and 1 denied.

3.0% of all applications, or 3.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Leader Bank originated in Virginia in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Leader 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