Shore United Bank in Virginia vs the state
8.3%Denial rate-7.68 pts vs state
9.5%Decision denial rate-10.73 pts vs state
78.5%Origination rate+18.99 pts vs state
6.24%Median rate-0.38 pts vs state
0.06Rate spread (pts)-0.16 pts vs state
$314kMedian applicant income
95Loans originated
10Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 74 | 48 | 12.2% | 6.50% | #306 |
| 2024 | 127 | 95 | 7.9% | 6.50% | #247 |
| 2025 | 121 | 95 | 8.3% | 6.24% | #269 |
What Shore United Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Shore United Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 27 | 25 | 1 | 3.7% |
| Spotsylvania County | 20 | 11 | 3 | 15.0% |
| Arlington County | 15 | 15 | 0 | 0.0% |
| Stafford County | 10 | 6 | 2 | 20.0% |
| King George County | 10 | 8 | 1 | 10.0% |
| Fredericksburg city | 6 | 6 | 0 | 0.0% |
| Loudoun County | 5 | 3 | 0 | 0.0% |
| Louisa County | 4 | 3 | 0 | 0.0% |
| Accomack County | 2 | 1 | 1 | 50.0% |
| Falls Church city | 2 | 2 | 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: 121 applications in 2025, of which 95 were originated and 10 denied.
8.3% of all applications, or 9.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Shore United Bank originated in Virginia in 2025 was 6.24%, against a statewide median of 6.63%.
About this data. Figures are Shore United Bank'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