TD Bank in Virginia vs the state
29.3%Denial rate+13.37 pts vs state
36.5%Decision denial rate+16.29 pts vs state
50.3%Origination rate-9.18 pts vs state
7.44%Median rate+0.82 pts vs state
0.25Rate spread (pts)+0.03 pts vs state
$192kMedian applicant income
450Loans originated
262Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,197 | 709 | 22.8% | 7.39% | #53 |
| 2024 | 1,161 | 592 | 30.2% | 8.34% | #60 |
| 2025 | 894 | 450 | 29.3% | 7.44% | #84 |
What TD Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most TD Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 326 | 151 | 105 | 32.2% |
| Loudoun County | 135 | 72 | 31 | 23.0% |
| Prince William County | 99 | 40 | 44 | 44.4% |
| Arlington County | 74 | 50 | 12 | 16.2% |
| Alexandria city | 24 | 17 | 6 | 25.0% |
| Virginia Beach city | 17 | 7 | 6 | 35.3% |
| Spotsylvania County | 15 | 9 | 6 | 40.0% |
| Stafford County | 15 | 6 | 5 | 33.3% |
| Richmond city | 14 | 6 | 2 | 14.3% |
| Chesterfield County | 13 | 7 | 6 | 46.2% |
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: 894 applications in 2025, of which 450 were originated and 262 denied.
29.3% of all applications, or 36.5% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans TD Bank originated in Virginia in 2025 was 7.44%, against a statewide median of 6.63%.
About this data. Figures are TD 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