Manassas Park city, Virginia · 2025

Mortgage lenders in Manassas Park city, VA: denial rates and top lenders (2025)

133 lenders acted on 550 mortgage applications for properties in Manassas Park city in 2025. 16.0% were denied (Virginia: 15.9%). Median rate on closed loans 6.49%; median loan $375,000; median property value $505,000.

550Applications
16.0%Denial ratestate 15.9%
6.49%Median ratestate 6.63%
$375,000Median loan
$505,000Median property value

Largest lenders in Manassas Park city

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Heritage Mortgage A 4541 0.0%6.63%
2 Rocket Mortgage C 4029 22.5%6.38%
3 United Shore Financial Services B 2623 3.9%6.13%
4 Navy Federal Credit Union D 2512 28.0%8.80%
5 Truist Bank C 2411 33.3%6.60%
6 Freedom Mortgage B 217 9.5%5.75%
7 Apple Federal Credit Union D 2010 35.0%7.62%
8 Coastal Community Bank C 161 0.0%7.99%
9 Pennymac Loan Services C 158 6.7%6.12%
10 Bank of America F 142 35.7%6.43%
11 PNC Bank D 138 23.1%7.99%
12 Mortgage Research Center C 116 27.3%5.93%
13 Northwest Federal Credit Union D 105 40.0%7.50%
14 CMG Mortgage A 108 0.0%6.31%
15 Crosscountry Mortgage B 96 0.0%6.56%
16 Newrez D 94 11.1%5.88%
17 Atlantic Coast Mortgage A 87 0.0%6.49%
18 City Lending F 73 28.6%6.25%
19 Guaranteed Rate B 74 0.0%6.09%
20 Alcova Mortgage A 74 0.0%6.19%
21 Spring Eq D 71 85.7%8.50%
22 Vellum Mortgage A 76 0.0%6.38%
23 Burke & Herbert Bank & Trust C 66 0.0%4.99%
24 Pentagon Federal Credit Union F 62 50.0%7.75%
25 Broker Solutions D 62 16.7%5.44%

What Manassas Park city borrowers applied for

By loan purpose

Home purchase 232 42% · 6.0% denied
Refinance 108 20% · 10.2% denied
Cash-out refinance 78 14% · 21.8% denied
Home improvement 54 10% · 33.3% denied
Other / HELOC 78 14% · 35.9% denied

By loan type

Conventional 393 71% · 18.3% denied
FHA 87 16% · 11.5% denied
VA 70 13% · 8.6% denied

Why applications were denied

Debt-to-income ratio 42 48%
Credit history 17 19%
Incomplete application 11 13%
Other 8 9%
Collateral 6 7%
Insufficient cash 3 3%
Unverifiable information 1 1%

Manassas Park city by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202356633919.3%6.63%$355,000
202463735820.3%6.63%$365,000
202555033416.0%6.49%$375,000

Frequently asked questions

16.0% of applications in Manassas Park city were denied in 2025, against 15.9% statewide in Virginia.

First Heritage Mortgage, with 45 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Manassas Park city in 2025 was for $375,000; the median property value on originated loans was $505,000.