Largest lenders in Fairfax city
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Navy Federal Credit Union | D | 68 | 35 | 11.8% | 7.65% |
| 2 | Pulte Mortgage | A | 51 | 35 | 5.9% | 6.50% |
| 3 | Rocket Mortgage | C | 44 | 38 | 6.8% | 6.43% |
| 4 | Bank of America | F | 43 | 21 | 27.9% | 6.24% |
| 5 | NFM | A | 34 | 30 | 2.9% | 6.13% |
| 6 | Truist Bank | C | 32 | 16 | 34.4% | 6.34% |
| 7 | United Shore Financial Services | B | 31 | 22 | 6.5% | 6.12% |
| 8 | Crosscountry Mortgage | B | 22 | 13 | 0.0% | 6.19% |
| 9 | Pennymac Loan Services | C | 20 | 11 | 10.0% | 6.62% |
| 10 | NVR Mortgage Finance | B | 19 | 16 | 5.3% | 6.56% |
| 11 | Apple Federal Credit Union | D | 19 | 10 | 26.3% | 6.87% |
| 12 | Citizens Bank | C | 17 | 10 | 29.4% | 7.03% |
| 13 | Coastal Community Bank | C | 17 | 5 | 5.9% | 7.49% |
| 14 | JPMorgan Chase Bank | B | 16 | 10 | 0.0% | 6.13% |
| 15 | Guaranteed Rate | B | 16 | 8 | 6.3% | 6.00% |
| 16 | Newrez | D | 16 | 3 | 18.8% | 6.38% |
| 17 | Spring Eq | D | 14 | 5 | 57.1% | 8.95% |
| 18 | CMG Mortgage | A | 14 | 9 | 0.0% | 6.00% |
| 19 | PNC Bank | D | 13 | 7 | 7.7% | 7.74% |
| 20 | Fairway Independent Mortgage | B | 13 | 10 | 0.0% | 6.19% |
| 21 | Movement Mortgage | A | 13 | 8 | 0.0% | 6.41% |
| 22 | Manufacturers and Traders Trust | C | 11 | 6 | 36.4% | 5.50% |
| 23 | Bank-Fund Staff Federal Credit Union | A | 11 | 7 | 0.0% | 6.50% |
| 24 | First Savings Mortgage | A | 11 | 7 | 0.0% | 6.50% |
| 25 | Atlantic Coast Mortgage | A | 11 | 9 | 0.0% | 6.38% |
What Fairfax city borrowers applied for
By loan purpose
By loan type
Why applications were denied
Fairfax city by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 750 | 446 | 16.5% | 6.50% | $385,000 |
| 2024 | 747 | 444 | 15.9% | 6.88% | $385,000 |
| 2025 | 946 | 585 | 11.8% | 6.49% | $455,000 |
Frequently asked questions
11.8% of applications in Fairfax city were denied in 2025, against 15.9% statewide in Virginia.
Navy Federal Credit Union, with 68 applications in 2025 and a denial rate of 11.8%.
The median mortgage application in Fairfax city in 2025 was for $455,000; the median property value on originated loans was $850,000.