Northwest Federal Credit Union in Virginia vs the state
17.6%Denial rate+1.61 pts vs state
20.7%Decision denial rate+0.42 pts vs state
64.3%Origination rate+4.80 pts vs state
7.00%Median rate+0.38 pts vs state
0.48Rate spread (pts)+0.26 pts vs state
$184kMedian applicant income
766Loans originated
209Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,243 | 789 | 20.7% | 7.25% | #50 |
| 2024 | 1,129 | 719 | 18.8% | 7.63% | #65 |
| 2025 | 1,191 | 766 | 17.6% | 7.00% | #63 |
What Northwest Federal Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Northwest Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Loudoun County | 373 | 242 | 68 | 18.2% |
| Fairfax County | 326 | 210 | 48 | 14.7% |
| Prince William County | 182 | 119 | 37 | 20.3% |
| Fauquier County | 55 | 40 | 6 | 10.9% |
| Frederick County | 28 | 20 | 3 | 10.7% |
| Manassas city | 26 | 14 | 10 | 38.5% |
| Arlington County | 25 | 17 | 3 | 12.0% |
| Alexandria city | 22 | 13 | 1 | 4.5% |
| Spotsylvania County | 18 | 8 | 7 | 38.9% |
| Stafford County | 16 | 11 | 3 | 18.8% |
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% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 1,191 applications in 2025, of which 766 were originated and 209 denied.
17.6% of all applications, or 20.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Northwest Federal Credit Union originated in Virginia in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are Northwest Federal Credit Union'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