Morgan Stanley Private Bank · Virginia · 2025

Morgan Stanley Private Bank in Virginia: approval rate, denial rate and rates (2025)

Morgan Stanley Private Bank took 320 mortgage applications in Virginia in 2025, ranking #154 of 1,013 lenders active in the state. It originated 83.4% of them and denied 2.2% (2.5% of the applications it decided), against a statewide denial rate of 15.9%.

320Applicationsin VA
2.5%Decision denial ratestate 20.3%
5.95%Median ratestate 6.63%
$705,000Median loanstate $255,000
$248MVolume49 counties

Morgan Stanley Private Bank in Virginia vs the state

2.2%Denial rate-13.75 pts vs state
2.5%Decision denial rate-17.79 pts vs state
83.4%Origination rate+23.92 pts vs state
5.95%Median rate-0.67 pts vs state
-0.27Rate spread (pts)-0.49 pts vs state
$325kMedian applicant income
267Loans originated
7Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233042592.3%5.90%#144
20242922303.4%6.14%#161
20253202672.2%5.95%#154

What Morgan Stanley Private Bank lends in Virginia

By loan purpose

Home purchase 225 70% · 1.3% denied
Refinance 22 7% · 4.6% denied
Cash-out refinance 12 4% · 16.7% denied
Home improvement 4 1% · 25.0% denied
Other / HELOC 57 18% · 0.0% denied

By loan type

Conventional 320 100% · 2.2% denied

Why it denied Virginia applicants

Debt-to-income ratio 6 86%
Collateral 1 14%

Where in Virginia

Counties with the most Morgan Stanley Private Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 78604 5.1%
Loudoun County 36310 0.0%
Arlington County 36320 0.0%
Alexandria city 19160 0.0%
Albemarle County 15111 6.7%
Chesterfield County 12110 0.0%
Henrico County 1190 0.0%
Virginia Beach city 10100 0.0%
James City County 1080 0.0%
Richmond city 980 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: 320 applications in 2025, of which 267 were originated and 7 denied.

2.2% of all applications, or 2.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Morgan Stanley Private Bank originated in Virginia in 2025 was 5.95%, against a statewide median of 6.63%.

About this data. Figures are Morgan Stanley Private Bank'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