Lenders handling the most VA-guaranteed loan applications for veterans and service members.
| # | Lender | Grade | VA applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Mortgage Research CenterColumbia, MO | C | 1,641 | 1,857 | 18.1% | 6.25% |
| 2 | United Shore Financial ServicesPlymouth, MI | B | 633 | 1,950 | 11.5% | 6.13% |
| 3 | New Day FinancialWest Palm Beach, FL | F | 481 | 502 | 24.3% | 6.99% |
| 4 | Rocket MortgagePlymouth, MI | C | 345 | 3,761 | 22.7% | 6.63% |
| 5 | Freedom MortgageBoca Raton, FL | B | 340 | 919 | 14.7% | 6.25% |
| 6 | Pennymac Loan ServicesWestlake Village, CA | C | 252 | 1,281 | 13.5% | 6.50% |
| 7 | GREENSTATE Credit UnionNorth Liberty, IA | B | 224 | 13,829 | 5.9% | 6.50% |
| 8 | NewrezWilmington, DE | D | 185 | 939 | 20.2% | 6.25% |
| 9 | Broker SolutionsTustin, CA | D | 169 | 2,386 | 6.4% | 6.75% |
| 10 | Navy Federal Credit UnionVienna, VA | D | 166 | 496 | 20.0% | 6.38% |
| 11 | Residential Mortgage NetworkIowa City, IA | A | 149 | 598 | 0.8% | 6.50% |
| 12 | USAA Federal Savings BankPhoenix, AZ | C | 138 | 203 | 28.1% | 6.25% |
| 13 | Village Capital & InvestmentHenderson, NV | C | 125 | 189 | 19.6% | 5.75% |
| 14 | Dhi Mortgage CompanyArlington, TX | B | 100 | 991 | 10.5% | 5.38% |
| 15 | Veridian Credit UnionWaterloo, IA | B | 91 | 8,725 | 8.9% | 6.49% |
| 16 | The Federal Savings BankChicago, IL | C | 84 | 106 | 6.6% | 6.75% |
| 17 | AmeriSave MortgageSandy Springs, GA | D | 79 | 1,031 | 67.3% | 7.38% |
| 18 | Iowa Bankers MortgageJohnston, IA | B | 74 | 2,423 | 15.4% | 6.50% |
| 19 | LowerColumbia, MD | C | 70 | 650 | 5.5% | 6.75% |
| 20 | Barrington Bank & Trust CompanyBarrington, IL | C | 69 | 480 | 8.8% | 6.63% |
| 21 | Loandepot.ComIrvine, CA | D | 68 | 742 | 36.1% | 6.99% |
| 22 | Guaranteed RateChicago, IL | B | 65 | 1,023 | 6.7% | 6.50% |
| 23 | Homeservices LendingUrbandale, IA | B | 61 | 639 | 2.8% | 6.50% |
| 24 | Guild MortgageSan Diego, CA | A | 60 | 711 | 2.1% | 6.63% |
| 25 | CMG MortgageSan Ramon, CA | A | 57 | 683 | 4.4% | 6.63% |
| 26 | Planet Home LendingMeriden, CT | B | 52 | 86 | 16.3% | 5.99% |
| 27 | U.S. BankCincinnati, OH | D | 50 | 2,720 | 25.7% | 7.00% |
| 28 | Gershman InvestmentChesterfield, MO | B | 48 | 516 | 4.5% | 6.38% |
| 29 | Mutual of Omaha MortgageSan Diego, CA | C | 45 | 353 | 23.2% | 6.50% |
| 30 | Unnamed lender 254900M2C4Q6DATP2889 | F | 42 | 114 | 16.7% | 5.99% |
| 31 | Lakeview Loan ServicingCoral Gables, FL | C | 42 | 214 | 52.3% | 6.38% |
| 32 | Flat Branch MortgageColumbia, MO | A | 42 | 358 | 0.3% | 6.56% |
| 33 | Ruhl MortgageMoline, IL | A | 38 | 486 | 0.6% | 6.25% |
| 34 | Community Choice Credit UnionJohnston, IA | B | 34 | 2,653 | 11.8% | 6.13% |
| 35 | Equity Prime MortgageAtlanta, GA | D | 33 | 111 | 12.6% | 7.00% |
| 36 | Carrington Mortgage ServicesOrange, CA | D | 28 | 358 | 38.6% | 6.50% |
| 37 | Fairway Independent MortgageMadison, WI | B | 28 | 428 | 3.5% | 6.75% |
| 38 | Plaza Home MortgageSan Diego, CA | C | 27 | 254 | 16.9% | 6.63% |
| 39 | Ark-La-Tex Financial Services, LLC.Plano, TX | A | 27 | 313 | 1.9% | 6.75% |
| 40 | Nationstar MortgageCoppell, TX | C | 27 | 486 | 15.0% | 7.31% |
| 41 | Central BankStorm Lake, IA | A | 27 | 1,121 | 4.5% | 6.63% |
| 42 | Movement MortgageLancaster, SC | A | 25 | 197 | 6.1% | 6.75% |
| 43 | Mortgage Solutions of ColoradoColorado Springs, CO | C | 24 | 39 | 7.7% | 7.75% |
| 44 | Land Home Financial ServicesConcord, CA | C | 23 | 207 | 5.8% | 6.63% |
| 45 | Plains Commerce BankSioux Falls, SD | B | 23 | 320 | 8.8% | 6.63% |
| 46 | Fidelity BankThomson, IL | A | 22 | 383 | 2.4% | — |
| 47 | Texana BankLinden, TX | C | 21 | 45 | 6.7% | 6.25% |
| 48 | Flanagan State BankFlanagan, IL | D | 21 | 237 | 6.3% | 6.63% |
| 49 | Northwest BankSpencer, IA | A | 21 | 2,181 | 5.7% | 6.38% |
| 50 | West Gate BankLincoln, NE | A | 20 | 501 | 3.4% | 6.38% |
Ordered by the number of applications of this type received in 2025 in the state. All figures come from the lenders' own HMDA filings. Full methodology.
