Quontic Bank in Virginia vs the state
18.8%Denial rate+2.81 pts vs state
30.0%Decision denial rate+9.75 pts vs state
43.8%Origination rate-15.77 pts vs state
8.31%Median rate+1.69 pts vs state
1.89Rate spread (pts)+1.67 pts vs state
$228kMedian applicant income
14Loans originated
6Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 19 | 13 | 15.8% | 9.13% | #477 |
| 2024 | 31 | 19 | 9.7% | 8.88% | #430 |
| 2025 | 32 | 14 | 18.8% | 8.31% | #433 |
What Quontic Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Quontic Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 13 | 6 | 3 | 23.1% |
| Loudoun County | 5 | 3 | 1 | 20.0% |
| Chesterfield County | 2 | 2 | 0 | 0.0% |
| York County | 2 | 1 | 0 | 0.0% |
| Virginia Beach city | 1 | 0 | 0 | 0.0% |
| Danville city | 1 | 0 | 1 | 100.0% |
| Prince George County | 1 | 0 | 0 | 0.0% |
| Arlington County | 1 | 1 | 0 | 0.0% |
| Stafford County | 1 | 0 | 0 | 0.0% |
| Hanover County | 1 | 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: 32 applications in 2025, of which 14 were originated and 6 denied.
18.8% of all applications, or 30.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Quontic Bank originated in Virginia in 2025 was 8.31%, against a statewide median of 6.63%.
About this data. Figures are Quontic 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