Universal Mortgage & Finance · Virginia · 2025

Universal Mortgage & Finance in Virginia: approval rate, denial rate and rates (2025)

Universal Mortgage & Finance took 24 mortgage applications in Virginia in 2025, ranking #471 of 1,013 lenders active in the state. It originated 79.2% of them and denied 4.2% (5.0% of the applications it decided), against a statewide denial rate of 15.9%.

24Applicationsin VA
5.0%Decision denial ratestate 20.3%
6.63%Median ratestate 6.63%
$370,000Median loanstate $255,000
$7.5MVolume12 counties

Universal Mortgage & Finance in Virginia vs the state

4.2%Denial rate-11.77 pts vs state
5.0%Decision denial rate-15.25 pts vs state
79.2%Origination rate+19.65 pts vs state
6.63%Median rate0.00 pts vs state
0.79Rate spread (pts)+0.57 pts vs state
$114kMedian applicant income
19Loans originated
1Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231180.0%6.69%#556
202411100.0%6.88%#556
202524194.2%6.63%#471

What Universal Mortgage & Finance lends in Virginia

By loan purpose

Home purchase 12 50% · 8.3% denied
Refinance 6 25% · 0.0% denied
Cash-out refinance 6 25% · 0.0% denied

By loan type

Conventional 6 25% · 0.0% denied
FHA 9 38% · 0.0% denied
VA 9 38% · 11.1% denied

Why it denied Virginia applicants

Credit history 1 100%

Where in Virginia

Counties with the most Universal Mortgage & Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince William County 440 0.0%
Chesapeake city 330 0.0%
Loudoun County 320 0.0%
Norfolk city 220 0.0%
Portsmouth city 220 0.0%
Virginia Beach city 220 0.0%
Stafford County 210 0.0%
Fairfax County 201 50.0%
Chesterfield County 100 0.0%
Suffolk city 110 0.0%

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: 24 applications in 2025, of which 19 were originated and 1 denied.

4.2% of all applications, or 5.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Universal Mortgage & Finance originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Universal Mortgage & Finance'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