Movement Mortgage in Virginia vs the state
4.3%Denial rate-11.60 pts vs state
5.1%Decision denial rate-15.15 pts vs state
70.8%Origination rate+11.31 pts vs state
6.56%Median rate-0.06 pts vs state
0.24Rate spread (pts)+0.02 pts vs state
$106kMedian applicant income
4,339Loans originated
266Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,885 | 4,361 | 4.6% | 6.63% | #8 |
| 2024 | 5,581 | 4,177 | 4.0% | 6.63% | #11 |
| 2025 | 6,126 | 4,339 | 4.3% | 6.56% | #10 |
What Movement Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Movement Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 414 | 290 | 19 | 4.6% |
| Virginia Beach city | 379 | 291 | 18 | 4.7% |
| Chesapeake city | 309 | 220 | 14 | 4.5% |
| Spotsylvania County | 275 | 185 | 14 | 5.1% |
| Newport News city | 255 | 170 | 13 | 5.1% |
| Chesterfield County | 237 | 164 | 18 | 7.6% |
| Norfolk city | 224 | 147 | 7 | 3.1% |
| Prince William County | 209 | 145 | 7 | 3.3% |
| Henrico County | 189 | 140 | 10 | 5.3% |
| Hampton city | 185 | 123 | 8 | 4.3% |
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% |
| Vanderbilt Mortgage and Finance | F | 5,850 | 40.0% | 9.25% |
Frequently asked questions
Virginia: 6,126 applications in 2025, of which 4,339 were originated and 266 denied.
4.3% of all applications, or 5.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Movement Mortgage originated in Virginia in 2025 was 6.56%, against a statewide median of 6.63%.
About this data. Figures are Movement Mortgage'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