V.i.p. Mortgage · Virginia · 2025

V.i.p. Mortgage in Virginia: approval rate, denial rate and rates (2025)

V.i.p. Mortgage took 70 mortgage applications in Virginia in 2025, ranking #332 of 1,013 lenders active in the state. It originated 67.1% of them and denied 7.1% (9.6% of the applications it decided), against a statewide denial rate of 15.9%.

70Applicationsin VA
9.6%Decision denial ratestate 20.3%
6.25%Median ratestate 6.63%
$350,000Median loanstate $255,000
$18MVolume19 counties

V.i.p. Mortgage in Virginia vs the state

7.1%Denial rate-8.80 pts vs state
9.6%Decision denial rate-10.63 pts vs state
67.1%Origination rate+7.62 pts vs state
6.25%Median rate-0.38 pts vs state
0.08Rate spread (pts)-0.14 pts vs state
$109kMedian applicant income
47Loans originated
5Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202437275.4%6.75%#404
202570477.1%6.25%#332

What V.i.p. Mortgage lends in Virginia

By loan purpose

Home purchase 66 94% · 6.1% denied
Refinance 3 4% · 33.3% denied
Cash-out refinance 1 1% · 0.0% denied

By loan type

Conventional 28 40% · 7.1% denied
FHA 18 26% · 11.1% denied
VA 20 29% · 0.0% denied
USDA / RHS 4 6% · 25.0% denied

Why it denied Virginia applicants

Debt-to-income ratio 4 80%
Credit history 1 20%

Where in Virginia

Counties with the most V.i.p. Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chesterfield County 1171 9.1%
Lee County 1190 0.0%
Fairfax County 833 37.5%
Chesapeake city 650 0.0%
Prince William County 640 0.0%
Caroline County 421 25.0%
Portsmouth city 320 0.0%
Suffolk city 330 0.0%
Prince George County 330 0.0%
Virginia Beach city 320 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: 70 applications in 2025, of which 47 were originated and 5 denied.

7.1% of all applications, or 9.6% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans V.i.p. Mortgage originated in Virginia in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are V.i.p. 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