Falls Church city, Virginia · 2025

Mortgage lenders in Falls Church city, VA: denial rates and top lenders (2025)

106 lenders acted on 399 mortgage applications for properties in Falls Church city in 2025. 8.5% were denied (Virginia: 15.9%). Median rate on closed loans 6.50%; median loan $505,000; median property value $1,130,000.

399Applications
8.5%Denial ratestate 15.9%
6.50%Median ratestate 6.63%
$505,000Median loan
$1,130,000Median property value

Largest lenders in Falls Church city

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Navy Federal Credit Union D 2114 9.5%7.75%
2 Truist Bank C 2013 15.0%6.19%
3 U.S. Bank D 1711 0.0%6.50%
4 Bank of America F 1610 31.3%5.99%
5 Wells Fargo Bank B 1511 0.0%6.25%
6 First Savings Mortgage A 1311 0.0%6.63%
7 Pentagon Federal Credit Union F 126 33.3%7.88%
8 Atlantic Coast Mortgage A 1211 0.0%6.63%
9 Rocket Mortgage C 116 45.5%5.94%
10 PNC Bank D 104 20.0%7.43%
11 Guaranteed Rate B 106 0.0%6.31%
12 CMG Mortgage A 95 11.1%6.88%
13 First Heritage Mortgage A 98 0.0%6.25%
14 TD Bank D 97 0.0%6.38%
15 Pennymac Loan Services C 85 0.0%6.88%
16 United Shore Financial Services B 87 0.0%6.50%
17 TOWER Federal Credit Union C 86 0.0%7.00%
18 Prosperity Home Mortgage A 86 12.5%6.50%
19 Ameris Bank B 76 0.0%6.38%
20 Citizens Bank C 75 0.0%5.75%
21 Intercoastal Mortgage A 77 0.0%6.49%
22 State Department Federal Credit Union C 74 14.3%7.00%
23 JPMorgan Chase Bank B 63 16.7%6.88%
24 Fairway Independent Mortgage B 63 0.0%6.13%
25 Crosscountry Mortgage B 54 0.0%6.00%

What Falls Church city borrowers applied for

By loan purpose

Home purchase 210 53% · 3.8% denied
Refinance 57 14% · 10.5% denied
Cash-out refinance 34 9% · 8.8% denied
Home improvement 54 14% · 13.0% denied
Other / HELOC 44 11% · 22.7% denied

By loan type

Conventional 371 93% · 9.2% denied
FHA 5 1% · 0.0% denied
VA 23 6% · 0.0% denied

Why applications were denied

Debt-to-income ratio 19 56%
Collateral 5 15%
Incomplete application 4 12%
Other 3 9%
Credit history 2 6%
Unverifiable information 1 3%

Falls Church city by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202326117513.0%6.50%$505,000
202426118511.9%6.88%$425,000
20253992878.5%6.50%$505,000

Frequently asked questions

8.5% of applications in Falls Church city were denied in 2025, against 15.9% statewide in Virginia.

Navy Federal Credit Union, with 21 applications in 2025 and a denial rate of 9.5%.

The median mortgage application in Falls Church city in 2025 was for $505,000; the median property value on originated loans was $1,130,000.