Success Lending · Virginia · 2025

Success Lending in Virginia: approval rate, denial rate and rates (2025)

Success Lending took 37 mortgage applications in Virginia in 2025, ranking #414 of 1,013 lenders active in the state. It originated 59.5% of them and denied 16.2% (21.4% of the applications it decided), against a statewide denial rate of 15.9%.

37Applicationsin VA
21.4%Decision denial ratestate 20.3%
6.50%Median ratestate 6.63%
$425,000Median loanstate $255,000
$10MVolume16 counties

Success Lending in Virginia vs the state

16.2%Denial rate+0.28 pts vs state
21.4%Decision denial rate+1.18 pts vs state
59.5%Origination rate-0.06 pts vs state
6.50%Median rate-0.13 pts vs state
0.18Rate spread (pts)-0.04 pts vs state
$127kMedian applicant income
22Loans originated
6Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024181511.1%6.63%#498
2025372216.2%6.50%#414

What Success Lending lends in Virginia

By loan purpose

Home purchase 32 86% · 15.6% denied
Refinance 2 5% · 0.0% denied
Cash-out refinance 3 8% · 33.3% denied

By loan type

Conventional 21 57% · 14.3% denied
FHA 9 24% · 33.3% denied
VA 6 16% · 0.0% denied
USDA / RHS 1 3% · 0.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 2 33%
Insufficient cash 1 17%
Credit history 1 17%
Collateral 1 17%
Incomplete application 1 17%

Where in Virginia

Counties with the most Success Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince William County 1053 30.0%
Loudoun County 640 0.0%
Fairfax County 430 0.0%
Stafford County 320 0.0%
Richmond city 202 100.0%
Spotsylvania County 210 0.0%
Augusta County 100 0.0%
Isle of Wight County 110 0.0%
Waynesboro city 110 0.0%
Arlington County 100 0.0%

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: 37 applications in 2025, of which 22 were originated and 6 denied.

16.2% of all applications, or 21.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Success Lending originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Success Lending'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