Union Home Mortgage · Virginia · 2025

Union Home Mortgage in Virginia: approval rate, denial rate and rates (2025)

Union Home Mortgage took 1,000 mortgage applications in Virginia in 2025, ranking #75 of 1,013 lenders active in the state. It originated 71.3% of them and denied 7.3% (9.1% of the applications it decided), against a statewide denial rate of 15.9%.

1.0kApplicationsin VA
9.1%Decision denial ratestate 20.3%
6.38%Median ratestate 6.63%
$355,000Median loanstate $255,000
$275MVolume108 counties

Union Home Mortgage in Virginia vs the state

7.3%Denial rate-8.64 pts vs state
9.1%Decision denial rate-11.19 pts vs state
71.3%Origination rate+11.78 pts vs state
6.38%Median rate-0.25 pts vs state
0.15Rate spread (pts)-0.07 pts vs state
$124kMedian applicant income
713Loans originated
73Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237015424.6%6.88%#83
20241,0357767.3%6.75%#71
20251,0007137.3%6.38%#75

What Union Home Mortgage lends in Virginia

By loan purpose

Home purchase 654 65% · 7.8% denied
Refinance 242 24% · 3.7% denied
Cash-out refinance 64 6% · 12.5% denied
Home improvement 17 2% · 11.8% denied
Other / HELOC 23 2% · 13.0% denied

By loan type

Conventional 579 58% · 7.8% denied
FHA 205 21% · 6.8% denied
VA 204 20% · 5.4% denied
USDA / RHS 12 1% · 25.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 31 42%
Incomplete application 12 16%
Credit history 9 12%
Collateral 6 8%
Employment history 4 5%
Other 4 5%
Insufficient cash 4 5%
Unverifiable information 3 4%

Where in Virginia

Counties with the most Union Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 59453 5.1%
Fairfax County 58394 6.9%
Prince William County 54338 14.8%
Loudoun County 54432 3.7%
Chesapeake city 42283 7.1%
Spotsylvania County 38213 7.9%
Portsmouth city 34203 8.8%
Bedford County 31205 16.1%
Norfolk city 28191 3.6%
Chesterfield County 27202 7.4%

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: 1,000 applications in 2025, of which 713 were originated and 73 denied.

7.3% of all applications, or 9.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Union Home Mortgage originated in Virginia in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Union Home Mortgage'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