Prosperity Home Mortgage · Virginia · 2025

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

Prosperity Home Mortgage took 2,747 mortgage applications in Virginia in 2025, ranking #31 of 1,013 lenders active in the state. It originated 77.9% of them and denied 3.6% (4.4% of the applications it decided), against a statewide denial rate of 15.9%.

2.7kApplicationsin VA
4.4%Decision denial ratestate 20.3%
6.50%Median ratestate 6.63%
$375,000Median loanstate $255,000
$951MVolume117 counties

Prosperity Home Mortgage in Virginia vs the state

3.6%Denial rate-12.30 pts vs state
4.4%Decision denial rate-15.81 pts vs state
77.9%Origination rate+18.42 pts vs state
6.50%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.09 pts vs state
$135kMedian applicant income
2,141Loans originated
100Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,5962,0206.5%6.63%#25
20242,5291,9804.9%6.63%#30
20252,7472,1413.6%6.50%#31

What Prosperity Home Mortgage lends in Virginia

By loan purpose

Home purchase 2,160 79% · 2.1% denied
Refinance 321 12% · 6.2% denied
Cash-out refinance 234 9% · 13.3% denied
Home improvement 1 0% · 100.0% denied
Other / HELOC 31 1% · 6.5% denied

By loan type

Conventional 1,716 62% · 2.7% denied
FHA 417 15% · 8.9% denied
VA 601 22% · 2.7% denied
USDA / RHS 13 0% · 0.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 40 40%
Collateral 20 20%
Credit history 19 19%
Other 11 11%
Insufficient cash 4 4%
Unverifiable information 4 4%
Employment history 1 1%
Incomplete application 1 1%

Where in Virginia

Counties with the most Prosperity Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 3683037 1.9%
Chesterfield County 19916012 6.0%
Henrico County 1711376 3.5%
Prince William County 1511075 3.3%
James City County 1351052 1.5%
Loudoun County 1301044 3.1%
Richmond city 107842 1.9%
Virginia Beach city 96706 6.3%
Montgomery County 80573 3.8%
Alexandria city 62532 3.2%

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: 2,747 applications in 2025, of which 2,141 were originated and 100 denied.

3.6% of all applications, or 4.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

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

About this data. Figures are Prosperity Home 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