Royal Pacific Funding in Virginia vs the state
2.7%Denial rate-13.24 pts vs state
3.0%Decision denial rate-17.22 pts vs state
73.0%Origination rate+13.45 pts vs state
7.13%Median rate+0.50 pts vs state
0.90Rate spread (pts)+0.68 pts vs state
$160kMedian applicant income
27Loans originated
1Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 36 | 19 | 0.0% | 7.75% | #403 |
| 2024 | 37 | 24 | 5.4% | 7.49% | #406 |
| 2025 | 37 | 27 | 2.7% | 7.13% | #413 |
What Royal Pacific Funding lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Royal Pacific Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 7 | 5 | 1 | 14.3% |
| Richmond city | 5 | 5 | 0 | 0.0% |
| Virginia Beach city | 5 | 4 | 0 | 0.0% |
| Prince William County | 3 | 2 | 0 | 0.0% |
| Giles County | 2 | 0 | 0 | 0.0% |
| Chesterfield County | 2 | 1 | 0 | 0.0% |
| Hopewell city | 2 | 2 | 0 | 0.0% |
| Loudoun County | 1 | 1 | 0 | 0.0% |
| Sussex County | 1 | 1 | 0 | 0.0% |
| Shenandoah 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: 37 applications in 2025, of which 27 were originated and 1 denied.
2.7% of all applications, or 3.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Royal Pacific Funding originated in Virginia in 2025 was 7.13%, against a statewide median of 6.63%.
About this data. Figures are Royal Pacific Funding'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