Merchants Mortgage & Trust Corporation in Virginia vs the state
0.0%Denial rate-15.94 pts vs state
0.0%Decision denial rate-20.25 pts vs state
100.0%Origination rate+40.48 pts vs state
9.88%Median rate+3.25 pts vs state
—Rate spread (pts)
—Median applicant income
28Loans originated
0Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 18 | 16 | 0.0% | 10.50% | #494 |
| 2025 | 28 | 28 | 0.0% | 9.88% | #450 |
What Merchants Mortgage & Trust Corporation lends in Virginia
By loan purpose
By loan type
Where in Virginia
Counties with the most Merchants Mortgage & Trust Corporation applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Roanoke city | 10 | 10 | 0 | 0.0% |
| Roanoke County | 6 | 6 | 0 | 0.0% |
| Salem city | 3 | 3 | 0 | 0.0% |
| Franklin County | 2 | 2 | 0 | 0.0% |
| Pulaski County | 1 | 1 | 0 | 0.0% |
| Botetourt County | 1 | 1 | 0 | 0.0% |
| Montgomery County | 1 | 1 | 0 | 0.0% |
| Floyd County | 1 | 1 | 0 | 0.0% |
| Lynchburg city | 1 | 1 | 0 | 0.0% |
| Rockbridge County | 1 | 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: 28 applications in 2025, of which 28 were originated and 0 denied.
0.0% of all applications, or 0.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Merchants Mortgage & Trust Corporation originated in Virginia in 2025 was 9.88%, against a statewide median of 6.63%.
About this data. Figures are Merchants Mortgage & Trust Corporation'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