Nations Direct Mortgage · Virginia · 2025

Nations Direct Mortgage in Virginia: approval rate, denial rate and rates (2025)

Nations Direct Mortgage took 228 mortgage applications in Virginia in 2025, ranking #195 of 1,013 lenders active in the state. It originated 73.7% of them and denied 7.0% (8.7% of the applications it decided), against a statewide denial rate of 15.9%.

228Applicationsin VA
8.7%Decision denial ratestate 20.3%
6.49%Median ratestate 6.63%
$425,000Median loanstate $255,000
$77MVolume43 counties

Nations Direct Mortgage in Virginia vs the state

7.0%Denial rate-8.92 pts vs state
8.7%Decision denial rate-11.55 pts vs state
73.7%Origination rate+14.16 pts vs state
6.49%Median rate-0.13 pts vs state
0.15Rate spread (pts)-0.07 pts vs state
$147kMedian applicant income
168Loans originated
16Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326919011.9%6.63%#157
20242982208.1%6.63%#159
20252281687.0%6.49%#195

What Nations Direct Mortgage lends in Virginia

By loan purpose

Home purchase 187 82% · 7.0% denied
Refinance 13 6% · 7.7% denied
Cash-out refinance 28 12% · 7.1% denied

By loan type

Conventional 162 71% · 5.6% denied
FHA 42 18% · 11.9% denied
VA 24 11% · 8.3% denied

Why it denied Virginia applicants

Debt-to-income ratio 4 25%
Employment history 3 19%
Other 3 19%
Collateral 3 19%
Credit history 3 19%

Where in Virginia

Counties with the most Nations Direct Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 55383 5.5%
Prince William County 55414 7.3%
Loudoun County 14101 7.1%
Stafford County 11101 9.1%
Virginia Beach city 980 0.0%
Chesterfield County 750 0.0%
Frederick County 750 0.0%
Hampton city 741 14.3%
Henrico County 660 0.0%
Richmond city 540 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: 228 applications in 2025, of which 168 were originated and 16 denied.

7.0% of all applications, or 8.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Nations Direct Mortgage originated in Virginia in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Nations Direct 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