The Freedom Bank of Virginia in Virginia vs the state
8.8%Denial rate-7.14 pts vs state
8.9%Decision denial rate-11.34 pts vs state
89.2%Origination rate+29.68 pts vs state
6.25%Median rate-0.38 pts vs state
-0.07Rate spread (pts)-0.29 pts vs state
$153kMedian applicant income
223Loans originated
22Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 228 | 202 | 7.5% | 6.25% | #174 |
| 2024 | 266 | 239 | 6.0% | 6.25% | #173 |
| 2025 | 250 | 223 | 8.8% | 6.25% | #186 |
What The Freedom Bank of Virginia lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most The Freedom Bank of Virginia applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 71 | 67 | 3 | 4.2% |
| Loudoun County | 33 | 31 | 2 | 6.1% |
| Prince William County | 28 | 22 | 6 | 21.4% |
| Spotsylvania County | 17 | 14 | 2 | 11.8% |
| Stafford County | 14 | 12 | 1 | 7.1% |
| Fauquier County | 12 | 11 | 1 | 8.3% |
| Alexandria city | 9 | 8 | 0 | 0.0% |
| Arlington County | 9 | 5 | 3 | 33.3% |
| Orange County | 5 | 5 | 0 | 0.0% |
| Warren County | 5 | 3 | 2 | 40.0% |
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: 250 applications in 2025, of which 223 were originated and 22 denied.
8.8% of all applications, or 8.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans The Freedom Bank of Virginia originated in Virginia in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are The Freedom Bank of Virginia'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