The Bank of Charlotte County in Virginia vs the state
16.0%Denial rate+0.06 pts vs state
16.7%Decision denial rate-3.58 pts vs state
76.0%Origination rate+16.48 pts vs state
7.39%Median rate+0.76 pts vs state
1.13Rate spread (pts)+0.91 pts vs state
$85kMedian applicant income
57Loans originated
12Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 73 | 51 | 17.8% | 7.49% | #310 |
| 2024 | 84 | 55 | 21.4% | 7.69% | #301 |
| 2025 | 75 | 57 | 16.0% | 7.39% | #317 |
What The Bank of Charlotte County lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most The Bank of Charlotte County applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Charlotte County | 17 | 14 | 2 | 11.8% |
| Mecklenburg County | 10 | 8 | 2 | 20.0% |
| Halifax County | 10 | 5 | 1 | 10.0% |
| Campbell County | 8 | 6 | 2 | 25.0% |
| Lunenburg County | 5 | 4 | 1 | 20.0% |
| Buckingham County | 5 | 5 | 0 | 0.0% |
| Prince Edward County | 5 | 5 | 0 | 0.0% |
| Amherst County | 2 | 0 | 1 | 50.0% |
| Page County | 2 | 2 | 0 | 0.0% |
| Henrico County | 1 | 1 | 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: 75 applications in 2025, of which 57 were originated and 12 denied.
16.0% of all applications, or 16.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans The Bank of Charlotte County originated in Virginia in 2025 was 7.39%, against a statewide median of 6.63%.
About this data. Figures are The Bank of Charlotte County'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