Lender in Virginia · HMDA 2025
Rate mortgages in Virginia
Rate's 2025 home-purchase and refinance lending in Virginia, compared with all lenders in the state.
Rate originated 1,462 owner-occupied single-family loans in Virginia from 1,571 completed applications, making it the state's #19 lender by volume.
Its median conventional purchase loan costs were $5,840 versus $5,610 for all Virginia lenders, at a median 30-year fixed rate of 6.575% (Virginia: 6.625%).
Loans in VA
1,462
of 1,571 applications
Denial rate
4.1%
Purchase · VA 6.9%
Rate spread
+0.08 pts
Conv. · VA +0.10 pts
Loan amount
$535,000
Purchase · VA $385,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 1,159 | 1,105 | 4.1% | 6.575% | +0.08 pts | $5,840 | $535,000 |
| Refinance | 277 | 258 | 3.6% | 6.125% | −0.11 pts | $4,110 | $595,000 |
| Cash-out refinance | 135 | 99 | 26.7% | 6.750% | +0.28 pts | $4,650 | $395,000 |
*Conventional loans only; medians with at least 20 loans.
Virginia counties where Rate ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Arlington County | 3 | 92 | 4.2% |
| Franklin County | 4 | 33 | 5.1% |
| Loudoun County | 6 | 196 | 2.7% |
| Alexandria city | 6 | 58 | 2.9% |
| Fairfax County | 8 | 370 | 2.8% |
| Madison County | 8 | 5 | 2.6% |
| Prince William County | 9 | 143 | 2.1% |
| Stafford County | 9 | 88 | 2.9% |
| King George County | 12 | 11 | 2.0% |
| Danville city | 12 | 5 | 1.6% |
| Spotsylvania County | 13 | 62 | 2.1% |
| Lancaster County | 13 | 4 | 2.0% |
| Falls Church city | 13 | 4 | 2.2% |
| Fredericksburg city | 14 | 6 | 1.9% |
| Clarke County | 15 | 4 | 2.1% |
| Fauquier County | 16 | 22 | 1.8% |
| Westmoreland County | 16 | 8 | 1.8% |
| Fairfax city | 16 | 7 | 1.8% |
| Manassas Park city | 16 | 4 | 1.6% |
| Roanoke city | 17 | 16 | 1.3% |
| Accomack County | 17 | 4 | 1.3% |
| Roanoke County | 18 | 22 | 1.4% |
| Manassas city | 18 | 6 | 1.3% |
| Warren County | 19 | 10 | 1.4% |
| King and Queen County | 20 | 2 | 1.8% |
| Salem city | 22 | 4 | 1.2% |
| Buena Vista city | 24 | 1 | 1.3% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology