Liberty · Virginia · 2025

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

Liberty took 147 mortgage applications in Virginia in 2025, ranking #246 of 1,013 lenders active in the state. It originated 68.7% of them and denied 7.5% (9.7% of the applications it decided), against a statewide denial rate of 15.9%.

147Applicationsin VA
9.7%Decision denial ratestate 20.3%
7.00%Median ratestate 6.63%
$245,000Median loanstate $255,000
$29MVolume45 counties

Liberty in Virginia vs the state

7.5%Denial rate-8.46 pts vs state
9.7%Decision denial rate-10.52 pts vs state
68.7%Origination rate+9.19 pts vs state
7.00%Median rate+0.38 pts vs state
0.32Rate spread (pts)+0.10 pts vs state
$140kMedian applicant income
101Loans originated
11Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023775015.6%7.75%#297
20241259112.8%7.25%#250
20251471017.5%7.00%#246

What Liberty lends in Virginia

By loan purpose

Home purchase 82 56% · 4.9% denied
Refinance 8 5% · 12.5% denied
Cash-out refinance 46 31% · 10.9% denied
Home improvement 11 7% · 9.1% denied

By loan type

Conventional 138 94% · 5.8% denied
FHA 5 3% · 40.0% denied
VA 4 3% · 25.0% denied

Why it denied Virginia applicants

Credit history 6 55%
Debt-to-income ratio 3 27%
Collateral 2 18%

Where in Virginia

Counties with the most Liberty applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chesterfield County 25192 8.0%
Virginia Beach city 732 28.6%
Fairfax County 640 0.0%
Richmond city 511 20.0%
Prince George County 532 40.0%
Prince William County 520 0.0%
Hanover County 530 0.0%
Louisa County 440 0.0%
Powhatan County 440 0.0%
Henrico County 440 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: 147 applications in 2025, of which 101 were originated and 11 denied.

7.5% of all applications, or 9.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Liberty originated in Virginia in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are Liberty'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