Primary Residential Mortgage in Virginia vs the state
1.7%Denial rate-14.25 pts vs state
2.5%Decision denial rate-17.75 pts vs state
66.1%Origination rate+6.58 pts vs state
6.50%Median rate-0.13 pts vs state
0.14Rate spread (pts)-0.08 pts vs state
$144kMedian applicant income
39Loans originated
1Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 56 | 39 | 5.4% | 6.75% | #342 |
| 2024 | 77 | 50 | 6.5% | 6.88% | #309 |
| 2025 | 59 | 39 | 1.7% | 6.50% | #352 |
What Primary Residential Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Primary Residential Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince William County | 10 | 6 | 0 | 0.0% |
| Fairfax County | 10 | 7 | 0 | 0.0% |
| Alexandria city | 9 | 4 | 0 | 0.0% |
| Danville city | 3 | 3 | 0 | 0.0% |
| Henrico County | 3 | 3 | 0 | 0.0% |
| Loudoun County | 2 | 1 | 0 | 0.0% |
| Chesterfield County | 2 | 0 | 1 | 50.0% |
| Spotsylvania County | 2 | 1 | 0 | 0.0% |
| Frederick County | 2 | 1 | 0 | 0.0% |
| Stafford County | 2 | 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: 59 applications in 2025, of which 39 were originated and 1 denied.
1.7% of all applications, or 2.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Primary Residential Mortgage originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Primary Residential Mortgage'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