United Bank · Virginia · 2025

United Bank in Virginia: approval rate, denial rate and rates (2025)

United Bank took 1,944 mortgage applications in Virginia in 2025, ranking #43 of 1,013 lenders active in the state. It originated 70.7% of them and denied 15.8% (18.1% of the applications it decided), against a statewide denial rate of 15.9%.

1.9kApplicationsin VA
18.1%Decision denial ratestate 20.3%
6.49%Median ratestate 6.63%
$275,000Median loanstate $255,000
$548MVolume75 counties

United Bank in Virginia vs the state

15.8%Denial rate-0.15 pts vs state
18.1%Decision denial rate-2.11 pts vs state
70.7%Origination rate+11.16 pts vs state
6.49%Median rate-0.13 pts vs state
0.16Rate spread (pts)-0.06 pts vs state
$123kMedian applicant income
1,374Loans originated
307Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202366039334.4%9.00%#85
20242,2771,66612.4%6.63%#34
20251,9441,37415.8%6.49%#43

What United Bank lends in Virginia

By loan purpose

Home purchase 1,161 60% · 5.5% denied
Refinance 382 20% · 19.4% denied
Cash-out refinance 41 2% · 14.6% denied
Home improvement 275 14% · 41.5% denied
Other / HELOC 85 4% · 57.7% denied

By loan type

Conventional 1,734 89% · 17.0% denied
FHA 133 7% · 9.0% denied
VA 59 3% · 1.7% denied
USDA / RHS 18 1% · 0.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 131 43%
Credit history 109 36%
Collateral 32 10%
Other 19 6%
Employment history 7 2%
Unverifiable information 5 2%
Insufficient cash 3 1%
Incomplete application 1 0%

Where in Virginia

Counties with the most United Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fairfax County 27717757 20.6%
Loudoun County 14910721 14.1%
Richmond city 1319817 13.0%
Chesterfield County 13010410 7.7%
Henrico County 1238914 11.4%
Prince William County 1167320 17.2%
Hanover County 1018012 11.9%
Rockingham County 806212 15.0%
Arlington County 64509 14.1%
Alexandria city 50347 14.0%

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: 1,944 applications in 2025, of which 1,374 were originated and 307 denied.

15.8% of all applications, or 18.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans United Bank originated in Virginia in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are United 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