Princeton Mortgage · Virginia · 2025

Princeton Mortgage in Virginia: approval rate, denial rate and rates (2025)

Princeton Mortgage took 38 mortgage applications in Virginia in 2025, ranking #407 of 1,013 lenders active in the state. It originated 79.0% of them and denied 2.6% (3.0% of the applications it decided), against a statewide denial rate of 15.9%.

38Applicationsin VA
3.0%Decision denial ratestate 20.3%
6.50%Median ratestate 6.63%
$290,000Median loanstate $255,000
$10MVolume22 counties

Princeton Mortgage in Virginia vs the state

2.6%Denial rate-13.31 pts vs state
3.0%Decision denial rate-17.22 pts vs state
79.0%Origination rate+19.43 pts vs state
6.50%Median rate-0.13 pts vs state
0.11Rate spread (pts)-0.11 pts vs state
$104kMedian applicant income
30Loans originated
1Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329220.0%6.88%#436
202436292.8%6.63%#409
202538302.6%6.50%#407

What Princeton Mortgage lends in Virginia

By loan purpose

Home purchase 32 84% · 3.1% denied
Refinance 3 8% · 0.0% denied
Cash-out refinance 3 8% · 0.0% denied

By loan type

Conventional 20 53% · 0.0% denied
FHA 9 24% · 0.0% denied
VA 7 18% · 14.3% denied
USDA / RHS 2 5% · 0.0% denied

Why it denied Virginia applicants

Credit history 1 100%

Where in Virginia

Counties with the most Princeton Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Roanoke County 421 25.0%
Caroline County 320 0.0%
Henrico County 330 0.0%
Bedford County 330 0.0%
Spotsylvania County 330 0.0%
Chesterfield County 330 0.0%
Northumberland County 210 0.0%
Hopewell city 220 0.0%
Loudoun County 220 0.0%
Franklin 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: 38 applications in 2025, of which 30 were originated and 1 denied.

2.6% of all applications, or 3.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Princeton Mortgage originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Princeton 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