Primelending, a Plainscapital · Virginia · 2025

Primelending, a Plainscapital in Virginia: approval rate, denial rate and rates (2025)

Primelending, a Plainscapital took 302 mortgage applications in Virginia in 2025, ranking #160 of 1,013 lenders active in the state. It originated 74.5% of them and denied 5.3% (6.0% of the applications it decided), against a statewide denial rate of 15.9%.

302Applicationsin VA
6.0%Decision denial ratestate 20.3%
6.63%Median ratestate 6.63%
$325,000Median loanstate $255,000
$86MVolume64 counties

Primelending, a Plainscapital in Virginia vs the state

5.3%Denial rate-10.64 pts vs state
6.0%Decision denial rate-14.26 pts vs state
74.5%Origination rate+14.98 pts vs state
6.63%Median rate0.00 pts vs state
0.18Rate spread (pts)-0.04 pts vs state
$122kMedian applicant income
225Loans originated
16Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236204286.1%6.75%#86
20244313273.7%6.63%#120
20253022255.3%6.63%#160

What Primelending, a Plainscapital lends in Virginia

By loan purpose

Home purchase 234 77% · 3.0% denied
Refinance 26 9% · 3.9% denied
Cash-out refinance 27 9% · 14.8% denied
Home improvement 3 1% · 33.3% denied
Other / HELOC 12 4% · 25.0% denied

By loan type

Conventional 211 70% · 4.3% denied
FHA 54 18% · 7.4% denied
VA 34 11% · 5.9% denied
USDA / RHS 3 1% · 33.3% denied

Why it denied Virginia applicants

Credit history 6 38%
Debt-to-income ratio 5 31%
Collateral 4 25%
Other 1 6%

Where in Virginia

Counties with the most Primelending, a Plainscapital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chesterfield County 37272 5.4%
Richmond city 23160 0.0%
Henrico County 22210 0.0%
Frederick County 17102 11.8%
Virginia Beach city 15130 0.0%
Hanover County 1390 0.0%
Chesapeake city 13101 7.7%
Petersburg city 953 33.3%
Winchester city 880 0.0%
Goochland County 870 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: 302 applications in 2025, of which 225 were originated and 16 denied.

5.3% of all applications, or 6.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Primelending, a Plainscapital originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Primelending, a Plainscapital'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