RPE Home in Virginia vs the state
16.7%Denial rate+0.73 pts vs state
23.5%Decision denial rate+3.28 pts vs state
45.8%Origination rate-13.69 pts vs state
11.35%Median rate+4.73 pts vs state
—Rate spread (pts)
—Median applicant income
11Loans originated
4Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 184 | 12 | 35.9% | 11.50% | #214 |
| 2025 | 24 | 11 | 16.7% | 11.35% | #467 |
What RPE Home lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most RPE Home applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Portsmouth city | 3 | 2 | 0 | 0.0% |
| Hampton city | 2 | 1 | 1 | 50.0% |
| Norfolk city | 2 | 0 | 0 | 0.0% |
| Richmond city | 2 | 1 | 0 | 0.0% |
| Newport News city | 2 | 2 | 0 | 0.0% |
| Spotsylvania County | 1 | 0 | 1 | 100.0% |
| Chesapeake city | 1 | 1 | 0 | 0.0% |
| Amherst County | 1 | 0 | 0 | 0.0% |
| Fairfax County | 1 | 0 | 1 | 100.0% |
| Louisa County | 1 | 0 | 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: 24 applications in 2025, of which 11 were originated and 4 denied.
16.7% of all applications, or 23.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans RPE Home originated in Virginia in 2025 was 11.35%, against a statewide median of 6.63%.
About this data. Figures are RPE Home'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