Plains Commerce Bank in Virginia vs the state
9.7%Denial rate-6.23 pts vs state
15.8%Decision denial rate-4.50 pts vs state
51.7%Origination rate-7.82 pts vs state
6.50%Median rate-0.13 pts vs state
0.24Rate spread (pts)+0.02 pts vs state
$95kMedian applicant income
213Loans originated
40Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 762 | 432 | 0.8% | 6.50% | #81 |
| 2024 | 520 | 277 | 2.1% | 6.63% | #105 |
| 2025 | 412 | 213 | 9.7% | 6.50% | #127 |
What Plains Commerce Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Plains Commerce Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Virginia Beach city | 31 | 13 | 2 | 6.5% |
| Henrico County | 29 | 13 | 4 | 13.8% |
| Chesterfield County | 26 | 19 | 4 | 15.4% |
| Fairfax County | 26 | 10 | 1 | 3.8% |
| Chesapeake city | 26 | 14 | 2 | 7.7% |
| Newport News city | 21 | 12 | 3 | 14.3% |
| Loudoun County | 19 | 10 | 2 | 10.5% |
| Prince William County | 17 | 11 | 0 | 0.0% |
| Norfolk city | 15 | 8 | 3 | 20.0% |
| Richmond city | 13 | 7 | 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: 412 applications in 2025, of which 213 were originated and 40 denied.
9.7% of all applications, or 15.8% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Plains Commerce Bank originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Plains Commerce Bank'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