The Fidelity Bank · Virginia · 2025

The Fidelity Bank in Virginia: approval rate, denial rate and rates (2025)

The Fidelity Bank took 89 mortgage applications in Virginia in 2025, ranking #299 of 1,013 lenders active in the state. It originated 77.5% of them and denied 13.5% (14.3% of the applications it decided), against a statewide denial rate of 15.9%.

89Applicationsin VA
14.3%Decision denial ratestate 20.3%
7.50%Median ratestate 6.63%
$125,000Median loanstate $255,000
$15MVolume13 counties

The Fidelity Bank in Virginia vs the state

13.5%Denial rate-2.46 pts vs state
14.3%Decision denial rate-5.96 pts vs state
77.5%Origination rate+18.01 pts vs state
7.50%Median rate+0.88 pts vs state
0.49Rate spread (pts)+0.27 pts vs state
$107kMedian applicant income
69Loans originated
12Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023745314.9%8.00%#303
202476639.2%8.00%#311
2025896913.5%7.50%#299

What The Fidelity Bank lends in Virginia

By loan purpose

Home purchase 32 36% · 15.6% denied
Refinance 17 19% · 5.9% denied
Cash-out refinance 9 10% · 0.0% denied
Home improvement 20 22% · 30.0% denied
Other / HELOC 11 12% · 0.0% denied

By loan type

Conventional 83 93% · 12.1% denied
FHA 3 3% · 33.3% denied
VA 2 2% · 0.0% denied
USDA / RHS 1 1% · 100.0% denied

Why it denied Virginia applicants

Collateral 4 33%
Debt-to-income ratio 3 25%
Other 2 17%
Credit history 1 8%
Unverifiable information 1 8%
Employment history 1 8%

Where in Virginia

Counties with the most The Fidelity Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Henry County 44327 15.9%
Patrick County 1392 15.4%
Franklin County 1091 10.0%
Martinsville city 761 14.3%
Mecklenburg County 440 0.0%
Pittsylvania County 430 0.0%
Roanoke city 110 0.0%
Chesapeake city 110 0.0%
Lynchburg city 101 100.0%
Grayson County 110 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: 89 applications in 2025, of which 69 were originated and 12 denied.

13.5% of all applications, or 14.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans The Fidelity Bank originated in Virginia in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are The Fidelity 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