Presidential Bank in Virginia vs the state
3.4%Denial rate-12.57 pts vs state
3.9%Decision denial rate-16.37 pts vs state
82.7%Origination rate+23.20 pts vs state
6.63%Median rate0.00 pts vs state
0.36Rate spread (pts)+0.14 pts vs state
$110kMedian applicant income
809Loans originated
33Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 612 | 526 | 4.3% | 6.75% | #87 |
| 2024 | 912 | 792 | 1.8% | 6.75% | #79 |
| 2025 | 978 | 809 | 3.4% | 6.63% | #76 |
What Presidential Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Presidential Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Virginia Beach city | 116 | 97 | 5 | 4.3% |
| Chesterfield County | 89 | 77 | 3 | 3.4% |
| Accomack County | 86 | 71 | 2 | 2.3% |
| Dinwiddie County | 54 | 44 | 0 | 0.0% |
| Fairfax County | 52 | 45 | 0 | 0.0% |
| Prince George County | 50 | 44 | 1 | 2.0% |
| Norfolk city | 46 | 27 | 3 | 6.5% |
| Chesapeake city | 40 | 30 | 1 | 2.5% |
| Henrico County | 33 | 28 | 1 | 3.0% |
| Prince William County | 29 | 27 | 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: 978 applications in 2025, of which 809 were originated and 33 denied.
3.4% of all applications, or 3.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Presidential Bank originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Presidential 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