Lendingone · Virginia · 2025

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

Lendingone took 803 mortgage applications in Virginia in 2025, ranking #90 of 1,013 lenders active in the state. It originated 14.9% of them and denied 19.8% (57.0% of the applications it decided), against a statewide denial rate of 15.9%.

803Applicationsin VA
57.0%Decision denial ratestate 20.3%
7.04%Median ratestate 6.63%
$165,000Median loanstate $255,000
$86MVolume90 counties

Lendingone in Virginia vs the state

19.8%Denial rate+3.86 pts vs state
57.0%Decision denial rate+36.74 pts vs state
14.9%Origination rate-44.58 pts vs state
7.04%Median rate+0.42 pts vs state
Rate spread (pts)
Median applicant income
120Loans originated
159Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232766061.2%7.97%#154
202434012145.3%7.44%#140
202580312019.8%7.04%#90

What Lendingone lends in Virginia

By loan purpose

Home purchase 398 50% · 15.3% denied
Refinance 122 15% · 20.5% denied
Cash-out refinance 246 31% · 25.6% denied
Home improvement 37 5% · 27.0% denied

By loan type

Conventional 803 100% · 19.8% denied

Why it denied Virginia applicants

Debt-to-income ratio 69 43%
Unverifiable information 47 30%
Collateral 25 16%
Credit history 18 11%

Where in Virginia

Counties with the most Lendingone applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Richmond city 781410 12.8%
Norfolk city 7839 11.5%
Roanoke city 764420 26.3%
Virginia Beach city 48111 22.9%
Henrico County 47111 23.4%
Fairfax County 3818 21.1%
Portsmouth city 3236 18.8%
Chesapeake city 31106 19.4%
Hampton city 2332 8.7%
Newport News city 1813 16.7%

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: 803 applications in 2025, of which 120 were originated and 159 denied.

19.8% of all applications, or 57.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Lendingone originated in Virginia in 2025 was 7.04%, against a statewide median of 6.63%.

About this data. Figures are Lendingone'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