Third Federal Savings and Loan Association of Cleveland in Virginia vs the state
30.3%Denial rate+14.35 pts vs state
34.3%Decision denial rate+14.07 pts vs state
55.1%Origination rate-4.38 pts vs state
6.99%Median rate+0.37 pts vs state
-0.25Rate spread (pts)-0.47 pts vs state
$188kMedian applicant income
526Loans originated
289Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,020 | 504 | 35.6% | 6.99% | #63 |
| 2024 | 1,146 | 591 | 36.5% | 7.49% | #62 |
| 2025 | 954 | 526 | 30.3% | 6.99% | #79 |
What Third Federal Savings and Loan Association of Cleveland lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Third Federal Savings and Loan Association of Cleveland applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 194 | 103 | 57 | 29.4% |
| Loudoun County | 174 | 92 | 63 | 36.2% |
| Prince William County | 76 | 41 | 23 | 30.3% |
| Chesterfield County | 47 | 31 | 12 | 25.5% |
| Henrico County | 37 | 19 | 12 | 32.4% |
| Virginia Beach city | 34 | 22 | 11 | 32.4% |
| Spotsylvania County | 27 | 14 | 12 | 44.4% |
| Chesapeake city | 25 | 13 | 9 | 36.0% |
| Stafford County | 24 | 13 | 9 | 37.5% |
| Alexandria city | 23 | 9 | 8 | 34.8% |
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: 954 applications in 2025, of which 526 were originated and 289 denied.
30.3% of all applications, or 34.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Third Federal Savings and Loan Association of Cleveland originated in Virginia in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are Third Federal Savings and Loan Association of Cleveland'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