OCMBC in Virginia vs the state
19.6%Denial rate+3.66 pts vs state
24.1%Decision denial rate+3.81 pts vs state
56.1%Origination rate-3.40 pts vs state
7.38%Median rate+0.75 pts vs state
1.50Rate spread (pts)+1.28 pts vs state
$138kMedian applicant income
312Loans originated
109Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 293 | 167 | 27.0% | 8.63% | #149 |
| 2024 | 371 | 214 | 18.3% | 7.81% | #134 |
| 2025 | 556 | 312 | 19.6% | 7.38% | #106 |
What OCMBC lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most OCMBC applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 68 | 39 | 13 | 19.1% |
| Prince William County | 57 | 33 | 11 | 19.3% |
| Chesterfield County | 45 | 27 | 8 | 17.8% |
| Henrico County | 36 | 27 | 3 | 8.3% |
| Loudoun County | 35 | 20 | 9 | 25.7% |
| Richmond city | 21 | 9 | 9 | 42.9% |
| Virginia Beach city | 19 | 14 | 2 | 10.5% |
| Newport News city | 18 | 10 | 1 | 5.6% |
| Chesapeake city | 16 | 10 | 2 | 12.5% |
| Norfolk city | 14 | 9 | 1 | 7.1% |
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: 556 applications in 2025, of which 312 were originated and 109 denied.
19.6% of all applications, or 24.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans OCMBC originated in Virginia in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are OCMBC'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