Virginia Credit Union in Virginia vs the state
17.8%Denial rate+1.84 pts vs state
20.8%Decision denial rate+0.57 pts vs state
66.7%Origination rate+7.13 pts vs state
6.24%Median rate-0.38 pts vs state
0.89Rate spread (pts)+0.67 pts vs state
$105kMedian applicant income
3,576Loans originated
954Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,380 | 2,568 | 39.2% | 7.50% | #10 |
| 2024 | 4,376 | 2,825 | 20.8% | 6.99% | #15 |
| 2025 | 5,365 | 3,576 | 17.8% | 6.24% | #12 |
What Virginia Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Virginia Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chesterfield County | 959 | 688 | 120 | 12.5% |
| Henrico County | 793 | 536 | 94 | 11.9% |
| Richmond city | 381 | 257 | 51 | 13.4% |
| Hanover County | 306 | 228 | 27 | 8.8% |
| Roanoke County | 270 | 185 | 69 | 25.6% |
| Roanoke city | 187 | 101 | 71 | 38.0% |
| Spotsylvania County | 174 | 115 | 33 | 19.0% |
| Bedford County | 163 | 101 | 53 | 32.5% |
| Franklin County | 152 | 88 | 50 | 32.9% |
| Botetourt County | 87 | 63 | 20 | 23.0% |
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: 5,365 applications in 2025, of which 3,576 were originated and 954 denied.
17.8% of all applications, or 20.8% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Virginia Credit Union originated in Virginia in 2025 was 6.24%, against a statewide median of 6.63%.
About this data. Figures are Virginia Credit Union'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