Rocket Mortgage in Virginia vs the state
14.8%Denial rate-1.12 pts vs state
16.0%Decision denial rate-4.28 pts vs state
75.2%Origination rate+15.65 pts vs state
6.63%Median rate0.00 pts vs state
0.48Rate spread (pts)+0.26 pts vs state
$110kMedian applicant income
14,489Loans originated
2,857Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 11,501 | 8,623 | 15.0% | 6.63% | #3 |
| 2024 | 15,187 | 11,751 | 13.9% | 6.63% | #2 |
| 2025 | 19,274 | 14,489 | 14.8% | 6.63% | #2 |
What Rocket Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Rocket Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 1,628 | 1,243 | 206 | 12.7% |
| Prince William County | 1,173 | 921 | 140 | 11.9% |
| Chesterfield County | 1,133 | 872 | 155 | 13.7% |
| Loudoun County | 1,023 | 814 | 120 | 11.7% |
| Virginia Beach city | 973 | 753 | 132 | 13.6% |
| Henrico County | 733 | 554 | 105 | 14.3% |
| Chesapeake city | 650 | 494 | 77 | 11.8% |
| Stafford County | 524 | 394 | 77 | 14.7% |
| Spotsylvania County | 478 | 363 | 70 | 14.6% |
| Richmond city | 339 | 262 | 47 | 13.9% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| 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% |
| Vanderbilt Mortgage and Finance | F | 5,850 | 40.0% | 9.25% |
Frequently asked questions
Virginia: 19,274 applications in 2025, of which 14,489 were originated and 2,857 denied.
14.8% of all applications, or 16.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Rocket Mortgage originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Rocket 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