New Fed Mortgage · Virginia · 2025

New Fed Mortgage in Virginia: approval rate, denial rate and rates (2025)

New Fed Mortgage took 5 mortgage applications in Virginia in 2025, ranking #642 of 1,013 lenders active in the state. It originated 80.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 15.9%.

5Applicationsin VA
0.0%Decision denial ratestate 20.3%
6.56%Median ratestate 6.63%
$405,000Median loanstate $255,000
$1.5MVolume5 counties

New Fed Mortgage in Virginia vs the state

0.0%Denial rate-15.94 pts vs state
0.0%Decision denial rate-20.25 pts vs state
80.0%Origination rate+20.48 pts vs state
6.56%Median rate-0.06 pts vs state
0.25Rate spread (pts)+0.03 pts vs state
$164kMedian applicant income
4Loans originated
0Denied

What New Fed Mortgage lends in Virginia

By loan purpose

Home purchase 4 80% · 0.0% denied
Cash-out refinance 1 20% · 0.0% denied

By loan type

Conventional 2 40% · 0.0% denied
FHA 1 20% · 0.0% denied
VA 2 40% · 0.0% denied

Where in Virginia

Counties with the most New Fed Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rockbridge County 110 0.0%
Warren County 110 0.0%
Stafford County 110 0.0%
Prince William County 100 0.0%
Bedford County 110 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: 5 applications in 2025, of which 4 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 New Fed Mortgage originated in Virginia in 2025 was 6.56%, against a statewide median of 6.63%.

About this data. Figures are New Fed 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