The Bank of Marion in Virginia vs the state
11.0%Denial rate-4.92 pts vs state
11.1%Decision denial rate-9.11 pts vs state
85.4%Origination rate+25.88 pts vs state
—Median rate
—Rate spread (pts)
$85kMedian applicant income
310Loans originated
40Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 444 | 343 | 17.3% | — | #111 |
| 2024 | 374 | 308 | 13.1% | 6.67% | #132 |
| 2025 | 363 | 310 | 11.0% | — | #139 |
What The Bank of Marion lends in Virginia
By loan purpose
By loan type
Where in Virginia
Counties with the most The Bank of Marion applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Smyth County | 146 | 127 | 16 | 11.0% |
| Washington County | 104 | 90 | 8 | 7.7% |
| Wythe County | 38 | 35 | 3 | 7.9% |
| Bristol city | 16 | 13 | 3 | 18.8% |
| Pulaski County | 13 | 11 | 2 | 15.4% |
| Carroll County | 11 | 8 | 2 | 18.2% |
| Scott County | 8 | 7 | 1 | 12.5% |
| Grayson County | 6 | 2 | 2 | 33.3% |
| Montgomery County | 3 | 2 | 0 | 0.0% |
| Russell County | 3 | 2 | 1 | 33.3% |
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: 363 applications in 2025, of which 310 were originated and 40 denied.
11.0% of all applications, or 11.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are The Bank of Marion'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