Manufacturers and Traders Trust in Virginia vs the state
28.5%Denial rate+12.51 pts vs state
32.5%Decision denial rate+12.26 pts vs state
57.7%Origination rate-1.85 pts vs state
5.99%Median rate-0.63 pts vs state
-0.18Rate spread (pts)-0.40 pts vs state
$168kMedian applicant income
902Loans originated
445Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 968 | 454 | 41.2% | 6.88% | #67 |
| 2024 | 1,433 | 782 | 34.5% | 6.63% | #53 |
| 2025 | 1,564 | 902 | 28.5% | 5.99% | #56 |
What Manufacturers and Traders Trust lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 423 | 267 | 74 | 17.5% |
| Loudoun County | 283 | 189 | 55 | 19.4% |
| Prince William County | 180 | 96 | 69 | 38.3% |
| Stafford County | 57 | 34 | 15 | 26.3% |
| Spotsylvania County | 46 | 29 | 14 | 30.4% |
| Henrico County | 46 | 22 | 24 | 52.2% |
| Chesterfield County | 41 | 19 | 21 | 51.2% |
| Alexandria city | 37 | 31 | 5 | 13.5% |
| Arlington County | 37 | 28 | 3 | 8.1% |
| Virginia Beach city | 29 | 11 | 14 | 48.3% |
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: 1,564 applications in 2025, of which 902 were originated and 445 denied.
28.5% of all applications, or 32.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Manufacturers and Traders Trust originated in Virginia in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Manufacturers and Traders Trust'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