Largest lenders in Alexandria city
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Navy Federal Credit Union | D | 273 | 133 | 14.7% | 7.50% |
| 2 | Truist Bank | C | 177 | 91 | 32.8% | 6.38% |
| 3 | Rocket Mortgage | C | 170 | 124 | 20.0% | 6.50% |
| 4 | United Shore Financial Services | B | 135 | 112 | 4.4% | 6.02% |
| 5 | Guaranteed Rate | B | 130 | 66 | 6.2% | 6.25% |
| 6 | Pennymac Loan Services | C | 121 | 79 | 5.8% | 6.12% |
| 7 | Atlantic Coast Mortgage | A | 121 | 99 | 4.1% | 6.38% |
| 8 | Bank of America | F | 118 | 59 | 21.2% | 6.13% |
| 9 | First Heritage Mortgage | A | 110 | 92 | 1.8% | 6.38% |
| 10 | PNC Bank | D | 92 | 60 | 17.4% | 5.94% |
| 11 | Newrez | D | 88 | 21 | 14.8% | 6.25% |
| 12 | Crosscountry Mortgage | B | 87 | 62 | 2.3% | 6.38% |
| 13 | Pentagon Federal Credit Union | F | 85 | 35 | 34.1% | 7.63% |
| 14 | Mortgage Research Center | C | 75 | 44 | 17.3% | 5.99% |
| 15 | JPMorgan Chase Bank | B | 74 | 49 | 4.1% | 6.38% |
| 16 | First Savings Mortgage | A | 68 | 60 | 0.0% | 6.38% |
| 17 | Fairway Independent Mortgage | B | 62 | 52 | 6.5% | 6.49% |
| 18 | Freedom Mortgage | B | 62 | 30 | 1.6% | 5.75% |
| 19 | Prosperity Home Mortgage | A | 62 | 53 | 3.2% | 6.63% |
| 20 | Citibank | B | 60 | 41 | 11.7% | 6.13% |
| 21 | CMG Mortgage | A | 57 | 45 | 3.5% | 6.13% |
| 22 | First Home Mortgage | B | 56 | 43 | 0.0% | 6.49% |
| 23 | Unnamed lender 254900YZ174H294JW398 | A | 55 | 41 | 3.6% | 6.00% |
| 24 | TOWER Federal Credit Union | C | 54 | 41 | 16.7% | 7.00% |
| 25 | Intercoastal Mortgage | A | 52 | 45 | 1.9% | 6.50% |
Best approval odds in Alexandria city
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | First Savings Mortgage | 60 | 0.0% |
| 2 | First Heritage Mortgage | 94 | 2.1% |
| 3 | Crosscountry Mortgage | 66 | 3.0% |
| 4 | Prosperity Home Mortgage | 55 | 3.6% |
| 5 | Unnamed lender 254900YZ174H294JW398 | 52 | 3.9% |
| 6 | Atlantic Coast Mortgage | 107 | 4.7% |
| 7 | United Shore Financial Services | 120 | 5.0% |
| 8 | JPMorgan Chase Bank | 54 | 5.6% |
| 9 | Fairway Independent Mortgage | 56 | 7.1% |
| 10 | Pennymac Loan Services | 90 | 7.8% |
What Alexandria city borrowers applied for
By loan purpose
By loan type
Why applications were denied
Alexandria city by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 3,527 | 2,369 | 12.2% | 6.50% | $375,000 |
| 2024 | 3,734 | 2,423 | 12.5% | 6.63% | $365,000 |
| 2025 | 4,520 | 2,841 | 11.9% | 6.49% | $395,000 |
Frequently asked questions
11.9% of applications in Alexandria city were denied in 2025, against 15.9% statewide in Virginia.
Navy Federal Credit Union, with 273 applications in 2025 and a denial rate of 14.7%.
The median mortgage application in Alexandria city in 2025 was for $395,000; the median property value on originated loans was $795,000.