NVR Mortgage Finance in Virginia vs the state
20.2%Denial rate+4.28 pts vs state
22.5%Decision denial rate+2.29 pts vs state
69.5%Origination rate+9.94 pts vs state
6.13%Median rate-0.50 pts vs state
-0.16Rate spread (pts)-0.38 pts vs state
$117kMedian applicant income
2,711Loans originated
789Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,563 | 2,483 | 17.4% | 5.99% | #15 |
| 2024 | 3,652 | 2,547 | 17.9% | 6.38% | #17 |
| 2025 | 3,903 | 2,711 | 20.2% | 6.13% | #17 |
What NVR Mortgage Finance lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most NVR Mortgage Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chesterfield County | 534 | 363 | 99 | 18.5% |
| Spotsylvania County | 368 | 250 | 92 | 25.0% |
| Henrico County | 278 | 172 | 72 | 25.9% |
| Prince William County | 217 | 145 | 56 | 25.8% |
| Loudoun County | 191 | 151 | 20 | 10.5% |
| Fairfax County | 181 | 149 | 20 | 11.0% |
| Culpeper County | 148 | 96 | 41 | 27.7% |
| New Kent County | 138 | 102 | 7 | 5.1% |
| Caroline County | 134 | 94 | 28 | 20.9% |
| Isle of Wight County | 133 | 85 | 30 | 22.6% |
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: 3,903 applications in 2025, of which 2,711 were originated and 789 denied.
20.2% of all applications, or 22.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans NVR Mortgage Finance originated in Virginia in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are NVR Mortgage Finance'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