Topside Federal Credit Union in Virginia vs the state
36.4%Denial rate+20.48 pts vs state
41.7%Decision denial rate+21.42 pts vs state
49.7%Origination rate-9.85 pts vs state
8.00%Median rate+1.38 pts vs state
1.37Rate spread (pts)+1.15 pts vs state
$142kMedian applicant income
75Loans originated
55Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 203 | 116 | 27.6% | 7.50% | #185 |
| 2024 | 183 | 101 | 25.1% | 8.50% | #215 |
| 2025 | 151 | 75 | 36.4% | 8.00% | #242 |
What Topside Federal Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Topside Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King George County | 49 | 29 | 15 | 30.6% |
| Spotsylvania County | 31 | 15 | 8 | 25.8% |
| Westmoreland County | 18 | 7 | 10 | 55.6% |
| Stafford County | 16 | 10 | 2 | 12.5% |
| Caroline County | 16 | 6 | 9 | 56.3% |
| Fredericksburg city | 5 | 4 | 1 | 20.0% |
| Orange County | 4 | 0 | 4 | 100.0% |
| Essex County | 2 | 0 | 2 | 100.0% |
| Hanover County | 1 | 1 | 0 | 0.0% |
| Grayson County | 1 | 1 | 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: 151 applications in 2025, of which 75 were originated and 55 denied.
36.4% of all applications, or 41.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Topside Federal Credit Union originated in Virginia in 2025 was 8.00%, against a statewide median of 6.63%.
About this data. Figures are Topside Federal Credit Union'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