Skyla Federal Credit Union · Virginia · 2025

Skyla Federal Credit Union in Virginia: approval rate, denial rate and rates (2025)

Skyla Federal Credit Union took 8 mortgage applications in Virginia in 2025, ranking #601 of 1,013 lenders active in the state. It originated 37.5% of them and denied 25.0% (33.3% of the applications it decided), against a statewide denial rate of 15.9%.

8Applicationsin VA
33.3%Decision denial ratestate 20.3%
7.50%Median ratestate 6.63%
$220,000Median loanstate $255,000
$615kVolume7 counties

Skyla Federal Credit Union in Virginia vs the state

25.0%Denial rate+9.06 pts vs state
33.3%Decision denial rate+13.08 pts vs state
37.5%Origination rate-22.02 pts vs state
7.50%Median rate+0.88 pts vs state
Rate spread (pts)
$170kMedian applicant income
3Loans originated
2Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202410630.0%7.63%#563
20258325.0%7.50%#601

What Skyla Federal Credit Union lends in Virginia

By loan purpose

Refinance 1 13% · 0.0% denied
Cash-out refinance 1 13% · 0.0% denied
Other / HELOC 6 75% · 33.3% denied

By loan type

Conventional 8 100% · 25.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 2 100%

Where in Virginia

Counties with the most Skyla Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Danville city 201 50.0%
Arlington County 100 0.0%
Stafford County 110 0.0%
Fairfax city 110 0.0%
Prince William County 100 0.0%
Bedford County 110 0.0%
Fairfax County 101 100.0%

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: 8 applications in 2025, of which 3 were originated and 2 denied.

25.0% of all applications, or 33.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Skyla Federal Credit Union originated in Virginia in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Skyla Federal Credit Union'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