Ross Mortgage · Virginia · 2025

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

Ross Mortgage took 117 mortgage applications in Virginia in 2025, ranking #271 of 1,013 lenders active in the state. It originated 65.0% of them and denied 6.8% (9.4% of the applications it decided), against a statewide denial rate of 15.9%.

117Applicationsin VA
9.4%Decision denial ratestate 20.3%
6.75%Median ratestate 6.63%
$295,000Median loanstate $255,000
$26MVolume36 counties

Ross Mortgage in Virginia vs the state

6.8%Denial rate-9.10 pts vs state
9.4%Decision denial rate-10.84 pts vs state
65.0%Origination rate+5.44 pts vs state
6.75%Median rate+0.13 pts vs state
0.37Rate spread (pts)+0.15 pts vs state
$100kMedian applicant income
76Loans originated
8Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202385647.1%6.75%#284
2024104750.0%6.63%#270
2025117766.8%6.75%#271

What Ross Mortgage lends in Virginia

By loan purpose

Home purchase 103 88% · 6.8% denied
Refinance 10 9% · 10.0% denied
Cash-out refinance 4 3% · 0.0% denied

By loan type

Conventional 66 56% · 4.6% denied
FHA 33 28% · 15.2% denied
VA 18 15% · 0.0% denied

Why it denied Virginia applicants

Collateral 4 50%
Debt-to-income ratio 2 25%
Credit history 1 13%
Unverifiable information 1 13%

Where in Virginia

Counties with the most Ross Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Culpeper County 1490 0.0%
Albemarle County 1180 0.0%
Norton city 621 16.7%
Fluvanna County 641 16.7%
Orange County 620 0.0%
Louisa County 530 0.0%
Scott County 541 20.0%
Madison County 541 20.0%
Wise County 530 0.0%
Lee County 422 50.0%

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: 117 applications in 2025, of which 76 were originated and 8 denied.

6.8% of all applications, or 9.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Ross Mortgage originated in Virginia in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Ross 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