Logan Finance in Virginia vs the state
12.1%Denial rate-3.87 pts vs state
18.4%Decision denial rate-1.83 pts vs state
51.7%Origination rate-7.80 pts vs state
7.50%Median rate+0.87 pts vs state
1.20Rate spread (pts)+0.98 pts vs state
$191kMedian applicant income
30Loans originated
7Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 34 | 21 | 2.9% | 8.75% | #409 |
| 2024 | 32 | 19 | 6.3% | 8.00% | #422 |
| 2025 | 58 | 30 | 12.1% | 7.50% | #353 |
What Logan Finance lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Logan Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 8 | 4 | 1 | 12.5% |
| Danville city | 7 | 2 | 0 | 0.0% |
| Virginia Beach city | 5 | 4 | 0 | 0.0% |
| Suffolk city | 5 | 2 | 0 | 0.0% |
| Norfolk city | 4 | 2 | 0 | 0.0% |
| Chesterfield County | 3 | 2 | 1 | 33.3% |
| Henrico County | 2 | 1 | 1 | 50.0% |
| Alexandria city | 2 | 0 | 0 | 0.0% |
| Arlington County | 2 | 1 | 0 | 0.0% |
| Hanover County | 2 | 1 | 0 | 0.0% |
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: 58 applications in 2025, of which 30 were originated and 7 denied.
12.1% of all applications, or 18.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Logan Finance originated in Virginia in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Logan Finance'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