Valon Mortgage · Virginia · 2025

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

Valon Mortgage took 251 mortgage applications in Virginia in 2025, ranking #185 of 1,013 lenders active in the state. It originated 54.2% of them and denied 16.7% (19.4% of the applications it decided), against a statewide denial rate of 15.9%.

251Applicationsin VA
19.4%Decision denial ratestate 20.3%
8.00%Median ratestate 6.63%
$75,000Median loanstate $255,000
$17MVolume62 counties

Valon Mortgage in Virginia vs the state

16.7%Denial rate+0.79 pts vs state
19.4%Decision denial rate-0.81 pts vs state
54.2%Origination rate-5.34 pts vs state
8.00%Median rate+1.38 pts vs state
1.90Rate spread (pts)+1.68 pts vs state
$110kMedian applicant income
136Loans originated
42Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241377.7%6.99%#527
202525113616.7%8.00%#185

What Valon Mortgage lends in Virginia

By loan purpose

Home purchase 3 1% · 0.0% denied
Refinance 23 9% · 4.4% denied
Cash-out refinance 33 13% · 30.3% denied
Home improvement 76 30% · 15.8% denied
Other / HELOC 116 46% · 16.4% denied

By loan type

Conventional 238 95% · 15.6% denied
FHA 13 5% · 38.5% denied

Why it denied Virginia applicants

Incomplete application 13 31%
Debt-to-income ratio 13 31%
Other 10 24%
Credit history 4 10%
Unverifiable information 1 2%
Collateral 1 2%

Where in Virginia

Counties with the most Valon Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 22127 31.8%
Fairfax County 21122 9.5%
Chesterfield County 1953 15.8%
Prince William County 16102 12.5%
Henrico County 1481 7.1%
Loudoun County 1371 7.7%
Chesapeake city 961 11.1%
Roanoke County 621 16.7%
Fauquier County 642 33.3%
Alexandria city 650 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: 251 applications in 2025, of which 136 were originated and 42 denied.

16.7% of all applications, or 19.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Valon Mortgage originated in Virginia in 2025 was 8.00%, against a statewide median of 6.63%.

About this data. Figures are Valon 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