North American Savings Bank · Virginia · 2025

North American Savings Bank in Virginia: approval rate, denial rate and rates (2025)

North American Savings Bank took 78 mortgage applications in Virginia in 2025, ranking #314 of 1,013 lenders active in the state. It originated 75.6% of them and denied 7.7% (9.2% of the applications it decided), against a statewide denial rate of 15.9%.

78Applicationsin VA
9.2%Decision denial ratestate 20.3%
6.13%Median ratestate 6.63%
$425,000Median loanstate $255,000
$29MVolume30 counties

North American Savings Bank in Virginia vs the state

7.7%Denial rate-8.25 pts vs state
9.2%Decision denial rate-11.02 pts vs state
75.6%Origination rate+16.12 pts vs state
6.13%Median rate-0.50 pts vs state
-0.49Rate spread (pts)-0.71 pts vs state
$142kMedian applicant income
59Loans originated
6Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023885910.2%5.99%#278
202485644.7%5.93%#299
202578597.7%6.13%#314

What North American Savings Bank lends in Virginia

By loan purpose

Home purchase 63 81% · 4.8% denied
Refinance 5 6% · 40.0% denied
Cash-out refinance 9 12% · 0.0% denied
Other / HELOC 1 1% · 100.0% denied

By loan type

Conventional 27 35% · 14.8% denied
FHA 4 5% · 0.0% denied
VA 47 60% · 4.3% denied

Why it denied Virginia applicants

Other 3 50%
Debt-to-income ratio 1 17%
Incomplete application 1 17%
Collateral 1 17%

Where in Virginia

Counties with the most North American Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hampton city 980 0.0%
York County 870 0.0%
Newport News city 760 0.0%
Suffolk city 531 20.0%
Isle of Wight County 540 0.0%
Chesapeake city 421 25.0%
Gloucester County 440 0.0%
Fairfax County 421 25.0%
Chesterfield County 320 0.0%
Henrico County 220 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: 78 applications in 2025, of which 59 were originated and 6 denied.

7.7% of all applications, or 9.2% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans North American Savings Bank originated in Virginia in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are North American Savings 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