Truist Bank in Virginia vs the state
31.6%Denial rate+15.67 pts vs state
36.0%Decision denial rate+15.75 pts vs state
53.8%Origination rate-5.68 pts vs state
6.49%Median rate-0.13 pts vs state
-0.11Rate spread (pts)-0.33 pts vs state
$116kMedian applicant income
6,374Loans originated
3,742Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 12,588 | 6,689 | 34.2% | 7.25% | #2 |
| 2024 | 10,860 | 5,521 | 36.9% | 7.59% | #3 |
| 2025 | 11,838 | 6,374 | 31.6% | 6.49% | #4 |
What Truist Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Truist Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 1,664 | 950 | 481 | 28.9% |
| Loudoun County | 869 | 511 | 218 | 25.1% |
| Prince William County | 726 | 348 | 242 | 33.3% |
| Chesterfield County | 612 | 323 | 190 | 31.0% |
| Henrico County | 570 | 280 | 191 | 33.5% |
| Virginia Beach city | 443 | 216 | 166 | 37.5% |
| Richmond city | 262 | 121 | 100 | 38.2% |
| Hanover County | 253 | 144 | 66 | 26.1% |
| Roanoke County | 233 | 142 | 55 | 23.6% |
| Norfolk city | 205 | 99 | 83 | 40.5% |
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% |
| 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% |
| Vanderbilt Mortgage and Finance | F | 5,850 | 40.0% | 9.25% |
Frequently asked questions
Virginia: 11,838 applications in 2025, of which 6,374 were originated and 3,742 denied.
31.6% of all applications, or 36.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Truist Bank originated in Virginia in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are Truist Bank'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