Tidewater Home Funding in Virginia vs the state
2.8%Denial rate-13.17 pts vs state
3.2%Decision denial rate-17.05 pts vs state
83.4%Origination rate+23.87 pts vs state
6.38%Median rate-0.25 pts vs state
-0.08Rate spread (pts)-0.30 pts vs state
$112kMedian applicant income
241Loans originated
8Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 430 | 371 | 1.2% | 6.13% | #113 |
| 2024 | 339 | 277 | 2.4% | 6.50% | #141 |
| 2025 | 289 | 241 | 2.8% | 6.38% | #166 |
What Tidewater Home Funding lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Tidewater Home Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chesapeake city | 56 | 47 | 2 | 3.6% |
| Virginia Beach city | 52 | 45 | 1 | 1.9% |
| Norfolk city | 28 | 23 | 0 | 0.0% |
| Newport News city | 22 | 17 | 2 | 9.1% |
| Hampton city | 21 | 16 | 1 | 4.8% |
| Portsmouth city | 16 | 14 | 0 | 0.0% |
| Chesterfield County | 13 | 11 | 0 | 0.0% |
| Gloucester County | 11 | 11 | 0 | 0.0% |
| Suffolk city | 8 | 8 | 0 | 0.0% |
| Isle of Wight County | 8 | 6 | 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: 289 applications in 2025, of which 241 were originated and 8 denied.
2.8% of all applications, or 3.2% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Tidewater Home Funding originated in Virginia in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Tidewater Home Funding'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