Longbridge Financial · Virginia · 2025

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

Longbridge Financial took 175 mortgage applications in Virginia in 2025, ranking #219 of 1,013 lenders active in the state. It originated 69.1% of them and denied 8.0% (9.4% of the applications it decided), against a statewide denial rate of 15.9%.

175Applicationsin VA
9.4%Decision denial ratestate 20.3%
6.13%Median ratestate 6.63%
$155,000Median loanstate $255,000
$25MVolume59 counties

Longbridge Financial in Virginia vs the state

8.0%Denial rate-7.94 pts vs state
9.4%Decision denial rate-10.85 pts vs state
69.1%Origination rate+9.62 pts vs state
6.13%Median rate-0.50 pts vs state
Rate spread (pts)
$35kMedian applicant income
121Loans originated
14Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023855510.6%7.48%#285
2024715311.3%6.78%#320
20251751218.0%6.13%#219

What Longbridge Financial lends in Virginia

By loan purpose

Home purchase 2 1% · 0.0% denied
Refinance 119 68% · 7.6% denied
Cash-out refinance 5 3% · 0.0% denied
Home improvement 13 7% · 0.0% denied
Other / HELOC 36 21% · 13.9% denied

By loan type

Conventional 27 15% · 25.9% denied
FHA 148 85% · 4.7% denied

Why it denied Virginia applicants

Insufficient cash 4 29%
Collateral 3 21%
Other 3 21%
Incomplete application 2 14%
Unverifiable information 1 7%
Debt-to-income ratio 1 7%

Where in Virginia

Counties with the most Longbridge Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Henrico County 17122 11.8%
Chesterfield County 15140 0.0%
Fairfax County 1281 8.3%
Virginia Beach city 1061 10.0%
Hanover County 851 12.5%
Prince William County 740 0.0%
Richmond city 640 0.0%
Louisa County 640 0.0%
Hampton city 660 0.0%
Bedford County 532 40.0%

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: 175 applications in 2025, of which 121 were originated and 14 denied.

8.0% of all applications, or 9.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

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

About this data. Figures are Longbridge Financial'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