Vellum Mortgage · District of Columbia · 2025

Vellum Mortgage in District of Columbia: approval rate, denial rate and rates (2025)

Vellum Mortgage took 156 mortgage applications in District of Columbia in 2025, ranking #31 of 473 lenders active in the state. It originated 80.1% of them and denied 1.3% (1.6% of the applications it decided), against a statewide denial rate of 18.1%.

156Applicationsin DC
1.6%Decision denial ratestate 23.7%
6.49%Median ratestate 6.50%
$605,000Median loanstate $405,000
$88MVolume1 counties

Vellum Mortgage in District of Columbia vs the state

1.3%Denial rate-16.78 pts vs state
1.6%Decision denial rate-22.17 pts vs state
80.1%Origination rate+24.62 pts vs state
6.49%Median rate-0.01 pts vs state
0.06Rate spread (pts)0.00 pts vs state
$219kMedian applicant income
125Loans originated
2Denied

Trend in District of Columbia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231701434.7%6.38%#26
20241441142.8%6.63%#28
20251561251.3%6.49%#31

What Vellum Mortgage lends in District of Columbia

By loan purpose

Home purchase 135 87% · 0.7% denied
Refinance 16 10% · 6.3% denied
Cash-out refinance 5 3% · 0.0% denied

By loan type

Conventional 133 85% · 1.5% denied
FHA 9 6% · 0.0% denied
VA 14 9% · 0.0% denied

Why it denied District of Columbia applicants

Debt-to-income ratio 1 50%
Unverifiable information 1 50%

Where in District of Columbia

Counties with the most Vellum Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
District of Columbia 1561252 1.3%

Other large lenders in District of Columbia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 78628.5%7.75%
Rocket MortgageC 67120.7%6.63%
Bank of AmericaF 54633.2%5.99%
First Savings MortgageA 5440.9%6.50%
Truist BankC 52941.2%6.25%
PNC BankD 46731.5%6.25%
JPMorgan Chase BankB 4597.6%6.38%
CitibankB 4179.6%6.00%
First Home MortgageB 3592.5%6.63%
NewrezD 35323.5%6.63%

Frequently asked questions

District of Columbia: 156 applications in 2025, of which 125 were originated and 2 denied.

1.3% of all applications, or 1.6% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.

The median rate on loans Vellum Mortgage originated in District of Columbia in 2025 was 6.49%, against a statewide median of 6.50%.

About this data. Figures are Vellum Mortgage's own HMDA filing for properties located in District of Columbia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology