Regions Bank · Virginia · 2025

Regions Bank in Virginia: approval rate, denial rate and rates (2025)

Regions Bank took 99 mortgage applications in Virginia in 2025, ranking #289 of 1,013 lenders active in the state. It originated 48.5% of them and denied 29.3% (36.7% of the applications it decided), against a statewide denial rate of 15.9%.

99Applicationsin VA
36.7%Decision denial ratestate 20.3%
5.12%Median ratestate 6.63%
$225,000Median loanstate $255,000
$182MVolume42 counties

Regions Bank in Virginia vs the state

29.3%Denial rate+13.35 pts vs state
36.7%Decision denial rate+16.46 pts vs state
48.5%Origination rate-11.04 pts vs state
5.12%Median rate-1.51 pts vs state
0.16Rate spread (pts)-0.06 pts vs state
$100kMedian applicant income
48Loans originated
29Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023804326.3%6.13%#293
2024884322.7%6.38%#295
2025994829.3%5.12%#289

What Regions Bank lends in Virginia

By loan purpose

Home purchase 37 37% · 13.5% denied
Refinance 11 11% · 27.3% denied
Cash-out refinance 17 17% · 52.9% denied
Home improvement 7 7% · 100.0% denied
Other / HELOC 27 27% · 18.5% denied

By loan type

Conventional 88 89% · 29.6% denied
FHA 10 10% · 30.0% denied
VA 1 1% · 0.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 9 31%
Credit history 8 28%
Collateral 7 24%
Other 2 7%
Insufficient cash 2 7%
Incomplete application 1 3%

Where in Virginia

Counties with the most Regions Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chesterfield County 841 12.5%
Bristol city 833 37.5%
Fairfax County 723 42.9%
Washington County 752 28.6%
Prince William County 731 14.3%
Newport News city 531 20.0%
Henrico County 522 40.0%
Richmond city 421 25.0%
Hanover County 312 66.7%
Alexandria city 330 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: 99 applications in 2025, of which 48 were originated and 29 denied.

29.3% of all applications, or 36.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Regions Bank originated in Virginia in 2025 was 5.12%, against a statewide median of 6.63%.

About this data. Figures are Regions 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