Royal United Mortgage in Virginia vs the state
24.5%Denial rate+8.56 pts vs state
28.9%Decision denial rate+8.66 pts vs state
59.6%Origination rate+0.08 pts vs state
6.63%Median rate0.00 pts vs state
0.77Rate spread (pts)+0.55 pts vs state
$49kMedian applicant income
90Loans originated
37Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 154 | 91 | 24.0% | 6.88% | #215 |
| 2024 | 202 | 129 | 22.3% | 6.88% | #201 |
| 2025 | 151 | 90 | 24.5% | 6.63% | #240 |
What Royal United Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Royal United Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Virginia Beach city | 7 | 6 | 1 | 14.3% |
| Hampton city | 6 | 5 | 1 | 16.7% |
| Roanoke city | 6 | 2 | 1 | 16.7% |
| Henrico County | 5 | 4 | 0 | 0.0% |
| Chesterfield County | 5 | 1 | 2 | 40.0% |
| Henry County | 5 | 3 | 1 | 20.0% |
| Portsmouth city | 4 | 1 | 3 | 75.0% |
| Giles County | 4 | 4 | 0 | 0.0% |
| Russell County | 4 | 3 | 1 | 25.0% |
| Newport News city | 4 | 3 | 1 | 25.0% |
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: 151 applications in 2025, of which 90 were originated and 37 denied.
24.5% of all applications, or 28.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Royal United Mortgage originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Royal United 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