Oaktree Funding in Virginia vs the state
7.1%Denial rate-8.80 pts vs state
7.5%Decision denial rate-12.75 pts vs state
50.0%Origination rate-9.52 pts vs state
7.50%Median rate+0.88 pts vs state
1.31Rate spread (pts)+1.09 pts vs state
$276kMedian applicant income
21Loans originated
3Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 33 | 16 | 21.2% | 8.63% | #414 |
| 2024 | 44 | 18 | 2.3% | 7.88% | #383 |
| 2025 | 42 | 21 | 7.1% | 7.50% | #398 |
What Oaktree Funding lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Oaktree Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 10 | 4 | 0 | 0.0% |
| Rockingham County | 4 | 2 | 0 | 0.0% |
| Prince William County | 3 | 2 | 1 | 33.3% |
| Alexandria city | 3 | 2 | 0 | 0.0% |
| Richmond city | 3 | 1 | 2 | 66.7% |
| Bristol city | 2 | 1 | 0 | 0.0% |
| Portsmouth city | 2 | 2 | 0 | 0.0% |
| Virginia Beach city | 2 | 0 | 0 | 0.0% |
| Henrico County | 2 | 1 | 0 | 0.0% |
| Petersburg city | 1 | 1 | 0 | 0.0% |
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: 42 applications in 2025, of which 21 were originated and 3 denied.
7.1% of all applications, or 7.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Oaktree Funding originated in Virginia in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Oaktree Funding'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