Top Flite Financial · Virginia · 2025

Top Flite Financial in Virginia: approval rate, denial rate and rates (2025)

Top Flite Financial took 112 mortgage applications in Virginia in 2025, ranking #277 of 1,013 lenders active in the state. It originated 48.2% of them and denied 8.9% (15.4% of the applications it decided), against a statewide denial rate of 15.9%.

112Applicationsin VA
15.4%Decision denial ratestate 20.3%
6.88%Median ratestate 6.63%
$195,000Median loanstate $255,000
$12MVolume61 counties

Top Flite Financial in Virginia vs the state

8.9%Denial rate-7.01 pts vs state
15.4%Decision denial rate-4.87 pts vs state
48.2%Origination rate-11.31 pts vs state
6.88%Median rate+0.25 pts vs state
1.72Rate spread (pts)+1.50 pts vs state
$76kMedian applicant income
54Loans originated
10Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023964613.5%7.25%#267
2024854118.8%6.88%#300
2025112548.9%6.88%#277

What Top Flite Financial lends in Virginia

By loan purpose

Home purchase 12 11% · 8.3% denied
Refinance 3 3% · 0.0% denied
Cash-out refinance 91 81% · 9.9% denied
Home improvement 6 5% · 0.0% denied

By loan type

Conventional 17 15% · 5.9% denied
FHA 91 81% · 9.9% denied
VA 4 4% · 0.0% denied

Why it denied Virginia applicants

Other 5 50%
Credit history 4 40%
Employment history 1 10%

Where in Virginia

Counties with the most Top Flite Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 951 11.1%
Fairfax County 412 50.0%
Portsmouth city 400 0.0%
Chesapeake city 321 33.3%
Spotsylvania County 330 0.0%
Halifax County 310 0.0%
Orange County 320 0.0%
Smyth County 310 0.0%
Chesterfield County 310 0.0%
Roanoke city 310 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: 112 applications in 2025, of which 54 were originated and 10 denied.

8.9% of all applications, or 15.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Top Flite Financial originated in Virginia in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Top Flite Financial'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