Park Lane Finance Solutions · Virginia · 2025

Park Lane Finance Solutions in Virginia: approval rate, denial rate and rates (2025)

Park Lane Finance Solutions took 54 mortgage applications in Virginia in 2025, ranking #369 of 1,013 lenders active in the state. It originated 29.6% of them and denied 44.4% (55.8% of the applications it decided), against a statewide denial rate of 15.9%.

54Applicationsin VA
55.8%Decision denial ratestate 20.3%
11.12%Median ratestate 6.63%
$70,000Median loanstate $255,000
$810kVolume11 counties

Park Lane Finance Solutions in Virginia vs the state

44.4%Denial rate+28.50 pts vs state
55.8%Decision denial rate+35.56 pts vs state
29.6%Origination rate-29.89 pts vs state
11.12%Median rate+4.49 pts vs state
5.29Rate spread (pts)+5.07 pts vs state
$74kMedian applicant income
16Loans originated
24Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023803622.5%11.61%#292
2024511645.1%11.37%#364
2025541644.4%11.12%#369

What Park Lane Finance Solutions lends in Virginia

By loan purpose

Home purchase 51 94% · 41.2% denied
Refinance 1 2% · 100.0% denied
Cash-out refinance 2 4% · 100.0% denied

By loan type

Conventional 54 100% · 44.4% denied

Why it denied Virginia applicants

Debt-to-income ratio 16 67%
Credit history 5 21%
Other 1 4%
Unverifiable information 1 4%
Employment history 1 4%

Where in Virginia

Counties with the most Park Lane Finance Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Augusta County 15210 66.7%
Newport News city 1134 36.4%
Mecklenburg County 660 0.0%
Frederick County 613 50.0%
Isle of Wight County 521 20.0%
Campbell County 411 25.0%
Fauquier County 302 66.7%
Fairfax County 101 100.0%
Stafford County 101 100.0%
Spotsylvania County 110 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: 54 applications in 2025, of which 16 were originated and 24 denied.

44.4% of all applications, or 55.8% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Park Lane Finance Solutions originated in Virginia in 2025 was 11.12%, against a statewide median of 6.63%.

About this data. Figures are Park Lane Finance Solutions'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