Truist Bank · District of Columbia · 2025

Truist Bank in District of Columbia: approval rate, denial rate and rates (2025)

Truist Bank took 529 mortgage applications in District of Columbia in 2025, ranking #5 of 473 lenders active in the state. It originated 45.4% of them and denied 41.2% (46.7% of the applications it decided), against a statewide denial rate of 18.1%.

529Applicationsin DC
46.7%Decision denial ratestate 23.7%
6.25%Median ratestate 6.50%
$205,000Median loanstate $405,000
$130MVolume1 counties

Truist Bank in District of Columbia vs the state

41.2%Denial rate+23.15 pts vs state
46.7%Decision denial rate+22.94 pts vs state
45.4%Origination rate-10.14 pts vs state
6.25%Median rate-0.25 pts vs state
-0.24Rate spread (pts)-0.29 pts vs state
$157kMedian applicant income
240Loans originated
218Denied

Trend in District of Columbia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202362930034.7%6.62%#3
202446520540.4%6.99%#6
202552924041.2%6.25%#5

What Truist Bank lends in District of Columbia

By loan purpose

Home purchase 145 27% · 9.7% denied
Refinance 119 22% · 37.8% denied
Cash-out refinance 16 3% · 25.0% denied
Home improvement 139 26% · 58.3% denied
Other / HELOC 110 21% · 67.3% denied

By loan type

Conventional 523 99% · 41.7% denied
VA 6 1% · 0.0% denied

Why it denied District of Columbia applicants

Incomplete application 60 28%
Debt-to-income ratio 60 28%
Credit history 54 25%
Collateral 23 11%
Other 15 7%
Unverifiable information 3 1%
Insufficient cash 3 1%

Where in District of Columbia

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
District of Columbia 529240218 41.2%

Other large lenders in District of Columbia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 78628.5%7.75%
Rocket MortgageC 67120.7%6.63%
Bank of AmericaF 54633.2%5.99%
First Savings MortgageA 5440.9%6.50%
PNC BankD 46731.5%6.25%
JPMorgan Chase BankB 4597.6%6.38%
CitibankB 4179.6%6.00%
First Home MortgageB 3592.5%6.63%
NewrezD 35323.5%6.63%
United Shore Financial ServicesB 32717.4%6.37%

Frequently asked questions

District of Columbia: 529 applications in 2025, of which 240 were originated and 218 denied.

41.2% of all applications, or 46.7% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.

The median rate on loans Truist Bank originated in District of Columbia in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are Truist Bank's own HMDA filing for properties located in District of Columbia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology