State Employees' in Virginia vs the state
23.2%Denial rate+7.26 pts vs state
29.1%Decision denial rate+8.88 pts vs state
55.8%Origination rate-3.72 pts vs state
6.15%Median rate-0.47 pts vs state
-0.64Rate spread (pts)-0.86 pts vs state
$115kMedian applicant income
178Loans originated
74Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 340 | 190 | 19.7% | 5.91% | #135 |
| 2024 | 337 | 195 | 23.7% | 6.65% | #142 |
| 2025 | 319 | 178 | 23.2% | 6.15% | #155 |
What State Employees' lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most State Employees' applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Carroll County | 27 | 22 | 1 | 3.7% |
| Mecklenburg County | 19 | 9 | 6 | 31.6% |
| Danville city | 15 | 9 | 3 | 20.0% |
| Chesterfield County | 15 | 8 | 4 | 26.7% |
| Grayson County | 13 | 8 | 2 | 15.4% |
| Pittsylvania County | 11 | 6 | 3 | 27.3% |
| Patrick County | 11 | 4 | 4 | 36.4% |
| Washington County | 11 | 7 | 1 | 9.1% |
| Henrico County | 9 | 3 | 5 | 55.6% |
| Fairfax County | 9 | 7 | 1 | 11.1% |
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: 319 applications in 2025, of which 178 were originated and 74 denied.
23.2% of all applications, or 29.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans State Employees' originated in Virginia in 2025 was 6.15%, against a statewide median of 6.63%.
About this data. Figures are State Employees''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