U.S. Bank in Virginia vs the state
29.0%Denial rate+13.07 pts vs state
34.8%Decision denial rate+14.50 pts vs state
52.9%Origination rate-6.67 pts vs state
6.63%Median rate0.00 pts vs state
0.18Rate spread (pts)-0.04 pts vs state
$164kMedian applicant income
880Loans originated
483Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,570 | 752 | 35.7% | 7.25% | #44 |
| 2024 | 1,714 | 900 | 30.9% | 6.88% | #48 |
| 2025 | 1,665 | 880 | 29.0% | 6.63% | #49 |
What U.S. Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most U.S. Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 289 | 150 | 81 | 28.0% |
| Chesterfield County | 183 | 128 | 23 | 12.6% |
| Henrico County | 164 | 108 | 25 | 15.2% |
| Loudoun County | 136 | 61 | 47 | 34.6% |
| Prince William County | 83 | 38 | 33 | 39.8% |
| Virginia Beach city | 66 | 29 | 25 | 37.9% |
| Arlington County | 51 | 32 | 9 | 17.6% |
| Richmond city | 46 | 25 | 10 | 21.7% |
| Chesapeake city | 44 | 21 | 14 | 31.8% |
| Alexandria city | 31 | 21 | 9 | 29.0% |
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% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| 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% |
Frequently asked questions
Virginia: 1,665 applications in 2025, of which 880 were originated and 483 denied.
29.0% of all applications, or 34.8% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans U.S. Bank originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are U.S. 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