Vanderbilt Mortgage and Finance in Virginia vs the state
40.0%Denial rate+24.08 pts vs state
77.9%Decision denial rate+57.68 pts vs state
9.9%Origination rate-49.61 pts vs state
9.25%Median rate+2.63 pts vs state
3.26Rate spread (pts)+3.04 pts vs state
$62kMedian applicant income
580Loans originated
2,341Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,968 | 525 | 46.8% | 8.99% | #7 |
| 2024 | 5,927 | 586 | 45.9% | 9.25% | #10 |
| 2025 | 5,850 | 580 | 40.0% | 9.25% | #11 |
What Vanderbilt Mortgage and Finance lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Vanderbilt Mortgage and Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Washington County | 202 | 32 | 70 | 34.7% |
| Bedford County | 158 | 13 | 59 | 37.3% |
| Henry County | 127 | 11 | 53 | 41.7% |
| Carroll County | 126 | 25 | 36 | 28.6% |
| Chesterfield County | 124 | 32 | 32 | 25.8% |
| Prince Edward County | 123 | 5 | 57 | 46.3% |
| Prince George County | 122 | 5 | 63 | 51.6% |
| Spotsylvania County | 120 | 7 | 41 | 34.2% |
| Wythe County | 107 | 19 | 34 | 31.8% |
| Tazewell County | 106 | 8 | 41 | 38.7% |
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: 5,850 applications in 2025, of which 580 were originated and 2,341 denied.
40.0% of all applications, or 77.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Vanderbilt Mortgage and Finance originated in Virginia in 2025 was 9.25%, against a statewide median of 6.63%.
About this data. Figures are Vanderbilt Mortgage and 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