Lender in Virginia · HMDA 2025
Lower, LLC mortgages in Virginia
Lower, LLC's 2025 home-purchase and refinance lending in Virginia, compared with all lenders in the state.
Lower, LLC originated 547 owner-occupied single-family loans in Virginia from 644 completed applications.
Its median conventional purchase loan costs were $6,140 versus $5,610 for all Virginia lenders, at a median 30-year fixed rate of 6.625% (Virginia: 6.625%).
Loans in VA
547
of 644 applications
Denial rate
4.9%
Purchase · VA 6.9%
Rate spread
+0.24 pts
Conv. · VA +0.10 pts
Loan amount
$365,000
Purchase · VA $385,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 446 | 417 | 4.9% | 6.625% | +0.24 pts | $6,140 | $365,000 |
| Refinance | 83 | 69 | 16.9% | 6.375% | −0.06 pts | $6,010 | $395,000 |
| Cash-out refinance | 115 | 61 | 45.2% | — | — | — | $315,000 |
*Conventional loans only; medians with at least 20 loans.
Virginia counties where Lower, LLC ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Waynesboro city | 5 | 18 | 4.1% |
| Campbell County | 8 | 20 | 2.7% |
| Harrisonburg city | 8 | 7 | 2.7% |
| Augusta County | 9 | 29 | 2.7% |
| Bedford County | 10 | 23 | 1.9% |
| Manassas city | 10 | 10 | 2.1% |
| Bath County | 14 | 1 | 2.7% |
| Rockingham County | 15 | 13 | 1.3% |
| Lynchburg city | 17 | 14 | 1.5% |
| Lunenburg County | 18 | 2 | 1.9% |
| Amherst County | 19 | 6 | 1.5% |
| Staunton city | 21 | 5 | 1.2% |
| Winchester city | 22 | 3 | 0.9% |
| Manassas Park city | 23 | 3 | 1.2% |
| Fauquier County | 24 | 12 | 1.0% |
| Prince William County | 25 | 60 | 0.9% |
- Lower, LLC nationwide
- Virginia mortgage market
- Lower, LLC in Texas
- Lower, LLC in Ohio
- Lower, LLC in Florida
- Lower, LLC in South Carolina
- Lower, LLC in Illinois
- Lower, LLC in Colorado
- Lower, LLC in North Carolina
- Lower, LLC in Georgia
- Lower, LLC in Maryland
- Lower, LLC in Iowa
- Lower, LLC in Kentucky
- Lower, LLC in Indiana
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology