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VA · Statewide HMDA 2024

Virginia mortgage lending

According to the CFPB HMDA 2024 Snapshot, 889 reporting lenders · 133 counties · 11 metros.

Top lenders ↓ All states

Volume rank is not origination-share rank

According to the CFPB HMDA 2024 Snapshot, Virginia ranks #11 of 54 by application volume but #30 of 52 states with 10,000+ applications on origination share (52.1%). Wisconsin leads that origination-share board at 64.0% on 214,597 applications. Volume rank is not origination-share rank.

#30
Origination-share rank of 52
52.1%
Origination share
182,949
Originated
15.5%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among states and territories with 10,000+ applications (the same floor as the national denial board). See /methodology#corpus-placement. Informational reporting, not mortgage advice.

CFPB HMDA state filing plate

State VA · Virginia 15.5% denial

VOL-HEAVY · DEN-MID · NEAR-PEER · ORIG-FLOOR · BOOK-FULL · LEAD-MIX

  • VOL-HEAVY #11/54
  • DEN-MID 15.5%
  • NEAR-PEER Utah
  • ORIG-FLOOR 52.1%
  • BOOK-FULL 889 lenders
  • LEAD-MIX 6% top

Photo-finish peer: Utah · 15.4% denial (-0.1pp vs Virginia)

2024 HMDA Snapshot state sheet, volume rank, denial band, origination share, and reporter book. Informational reporting only.

Denial-rate neighbourhood · Virginia

Poles and nearest peers by statewide HMDA denial rate, not a full state roster.

Denial band
Hawaii · highest22.4%Washington · near15.7%Colorado · near15.7%Arizona · near15.6%Virginia · this state15.5%Utah · near15.4%Guam · lowest7.6%

Nationwide states with similar HMDA denial rate or application volume

Two statewide peer sets for Virginia: nearest jurisdictions by denial rate and by mortgage applications filed. These are cross-state neighborhoods, distinct from the denial-band chart above.

Similar denial rate

Nearest states by statewide denial rate (15.5% here).

Utah 15.4% · UT Arizona 15.6% · AZ Colorado 15.7% · CO Washington 15.7% · WA

Similar application volume

Nearest states by HMDA applications filed (351,125 here).

Michigan 370,726 apps · MI New Jersey 323,581 apps · NJ New York 383,754 apps · NY Tennessee 310,183 apps · TN Illinois 394,313 apps · IL Indiana 293,086 apps · IN

Top lenders by originations · Virginia

Funded loans among HMDA-reporting institutions active in this state.

State market
1. Rocket Mortgage12K2. Navy Federal Credit Union10K3. United Wholesale Mortgage8K4. Truist Bank6K5. Atlantic Bay Mortgage Gro…4K6. Movement Mortgage, LLC4K7. Mortgage Research Center4K8. Freedom Mortgage Corporat…3K

Where Virginia sits by application volume

2024 CFPB HMDA states and territories, bucketed by mortgage applications filed

351,125 Top 20% higher than 80% of 54 states and territories

This state 0 1,200,000 states and territories, grouped by applications

Each bar is a 150,000-applications band. The dashed line and filled bar mark this state. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act Snapshot National Loan-Level Dataset · 2024 reporting year

Top counties by originations · Virginia

In-state county volume from the same HMDA county board linked below.

County mix
1. Fairfax County18K2. Virginia Beach City10K3. Prince William County10K4. Chesterfield County10K5. Loudoun County10K6. Henrico County7K7. Chesapeake City7K8. Norfolk City5K

How to read this state sheet. Virginia filed 351,125 HMDA-reported applications in 2024 (#11 of 54 by volume) with a 15.5% denial rate - near the national 17.2% baseline. White applicants (171,748 apps) show 15.7% denial; Black or African American applicants (44,409 apps) show 23.5% denial - rates on groups below 100 applications are marked too small to read. This page is informational data reporting, not financial, legal, or mortgage advice.

Nearby Lenders in Virginia

Top HMDA-reporting lenders active in Virginia. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Rocket Mortgage 11,751 6.4%
2 Navy Federal Credit Union 9,959 5.4%
3 United Wholesale Mortgage 7,798 4.3%
4 Truist Bank 5,528 3.0%
5 Atlantic Bay Mortgage Group 4,190 2.3%
Compare Rocket Mortgage vs Navy Federal Credit Union →

Reported outcomes by applicant race in Virginia

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White 171,748 62.6% 15.7%
Black or African American 44,409 50.9% 23.5%
Asian 24,533 57.7% 16.8%
Joint 7,958 65.0% 13.1%
American Indian or Alaska Native 1,644 47.9% 23.6%
2 or more minority races 1,153 46.2% 27.2%
Native Hawaiian or Other Pacific Islander 639 47.0% 26.1%

Every county in Virginia, by lending volume

County totals sum the filings geocoded to that county, so they reconcile to the state row above rather than to any single lender's book.

County Applications Originated Denial Rate Avg Loan
Fairfax County 34,631 18,439 14.6% $561,311
Prince William County 20,323 10,024 17.0% $384,568
Virginia Beach City 19,763 10,420 14.5% $303,292
Chesterfield County 18,913 10,006 14.5% $298,081
Loudoun County 18,708 9,934 14.4% $481,715
Henrico County 13,604 7,288 15.0% $276,929
Chesapeake City 13,198 6,785 14.3% $296,149
Norfolk City 9,742 4,924 14.2% $275,344
Stafford County 8,664 4,319 16.3% $370,482
Spotsylvania County 8,338 4,172 15.9% $335,781
Newport News City 7,458 3,833 15.1% $241,899
Richmond City 7,205 4,045 13.6% $346,099
Hampton City 6,814 3,491 14.8% $224,558
Suffolk City 6,592 3,363 13.5% $299,245
Portsmouth City 5,796 2,851 15.8% $214,465
Frederick County 5,195 2,782 14.2% $286,176
Hanover County 5,158 2,845 14.1% $287,540
Arlington County 4,720 2,716 10.8% $824,720
Alexandria City 4,388 2,421 10.6% $665,030
Albemarle County 4,106 2,150 13.9% $378,953
Roanoke County 4,065 2,379 15.3% $214,070
James City County 3,820 2,155 11.8% $394,364
Roanoke City 3,739 2,087 17.0% $187,867
Bedford County 3,579 1,899 17.4% $246,067
Fauquier County 3,344 1,799 15.0% $379,205
Augusta County 3,048 1,630 17.6% $208,724
Rockingham County 3,003 1,656 13.0% $250,345
York County 2,928 1,653 11.7% $303,907
Lynchburg City 2,793 1,555 15.0% $204,345
Louisa County 2,651 1,318 17.4% $286,637
Culpeper County 2,576 1,314 15.8% $319,620
Montgomery County 2,492 1,354 15.2% $275,016
Orange County 2,389 1,252 15.3% $279,462
Isle of Wight County 2,376 1,203 15.4% $274,760
Franklin County 2,361 1,277 18.4% $252,349
Caroline County 2,324 1,109 18.9% $255,456
Warren County 2,263 1,168 15.6% $264,183
Campbell County 2,151 1,096 17.3% $212,294
Shenandoah County 2,144 1,150 16.2% $225,620
Gloucester County 2,011 1,067 15.6% $241,822
New Kent County 1,885 1,000 12.8% $292,401
Washington County 1,695 919 20.6% $187,608
Petersburg City 1,662 754 19.4% $269,110
Pittsylvania County 1,655 835 18.8% $167,350
King George County 1,613 802 14.1% $317,901
Henry County 1,611 754 21.1% $144,752
Prince George County 1,546 723 20.8% $233,545
Fluvanna County 1,502 764 17.4% $226,644
Manassas City 1,499 772 15.5% $597,668
Powhatan County 1,462 833 15.3% $281,245
Goochland County 1,377 738 14.5% $369,866
Botetourt County 1,362 757 16.1% $216,109
Accomack County 1,350 622 18.9% $221,430
Dinwiddie County 1,330 620 19.0% $210,293
Westmoreland County 1,327 651 16.4% $242,988
Pulaski County 1,305 680 18.5% $169,092
Danville City 1,242 625 19.8% $158,945
Amherst County 1,205 612 17.6% $192,718
Hopewell City 1,186 567 16.7% $180,919
Staunton City 1,172 672 12.8% $204,087
Mecklenburg County 1,146 616 16.8% $217,941
Waynesboro City 1,137 628 12.9% $224,595
King William County 1,066 557 14.6% $227,833
Carroll County 1,060 531 21.0% $164,047
Wythe County 1,013 524 23.6% $149,857
Charlottesville City 1,002 551 13.8% $382,315
Page County 997 490 18.1% $210,155
Greene County 981 464 18.9% $267,141
Harrisonburg City 960 577 13.5% $261,844
Winchester City 960 500 14.6% $272,021
Fredericksburg City 908 472 17.0% $338,513
Tazewell County 894 392 23.9% $133,613
Salem City 874 517 14.7% $193,352
Halifax County 864 429 20.3% $154,132
Colonial Heights City 846 426 16.6% $196,903
Fairfax City 843 442 14.1% $453,292
Wise County 806 373 25.7% $126,787
Poquoson City 799 463 8.3% $323,961
Manassas Park City 774 355 16.5% $413,811
Northumberland County 766 374 17.0% $252,977
Appomattox County 751 372 18.6% $201,498
Nelson County 717 363 17.6% $267,748
Smyth County 707 405 19.1% $127,447
Southampton County 700 353 18.7% $187,071
Prince Edward County 696 314 20.3% $186,451
Rockbridge County 694 382 15.7% $202,637
Bristol City 649 358 18.0% $153,891
Northampton County 638 305 17.7% $319,326
Scott County 631 285 21.4% $152,686
Clarke County 622 313 14.9% $314,968
Russell County 622 297 22.0% $143,392
Buckingham County 601 259 23.0% $177,463
Lee County 598 278 26.3% $132,843
Lancaster County 587 295 14.0% $305,017
Amelia County 585 290 19.3% $228,128
Middlesex County 582 304 14.6% $250,292
Madison County 566 265 21.7% $260,936
Patrick County 566 254 21.4% $170,565
Nottoway County 530 252 18.1% $177,604
Giles County 522 266 17.6% $158,985
Essex County 516 230 21.3% $204,651
Martinsville City 507 224 22.1% $137,880
Cumberland County 506 248 17.8% $201,621
Mathews County 479 252 15.0% $259,864
Floyd County 463 260 19.4% $179,341
Alleghany County 434 225 17.1% $147,581
Radford City 427 237 14.1% $217,717
Brunswick County 421 170 24.7% $196,045
Franklin City 398 237 11.6% $200,704
Grayson County 398 200 23.1% $139,724
Williamsburg City 393 181 20.9% $275,331
Lunenburg County 378 185 18.3% $175,952
Sussex County 356 163 19.4% $174,354
Charles City County 320 145 18.1% $222,250
King and Queen County 318 149 19.5% $211,730
Charlotte County 306 148 22.9% $152,712
Richmond County 298 144 18.8% $197,315
Falls Church City 292 185 10.6% $578,836
Surry County 290 128 21.7% $206,172
Rappahannock County 268 135 18.7% $409,478
Buchanan County 263 102 31.9% $108,346
Greensville County 261 105 23.0% $147,490
Dickenson County 248 118 26.2% $115,282
Galax City 246 121 19.9% $139,634
Buena Vista City 215 107 18.6% $146,907
Bland County 178 69 28.6% $141,742
Covington City 165 86 20.0% $108,273
Emporia City 151 75 20.5% $189,305
Craig County 142 81 14.8% $191,197
Lexington City 99 58 15.2% $210,556
Bath County 88 49 15.9% $192,500
Norton City 82 38 24.4% $125,976
Highland County 73 48 17.8% $236,096

Metro Areas in Virginia

Arlington-Alexandria-Reston
61,152 loans originated
14.9%
denial rate
Virginia Beach-Chesapeake-Norfolk
44,609 loans originated
14.4%
denial rate
Richmond
31,155 loans originated
15.1%
denial rate
Roanoke
7,099 loans originated
16.4%
denial rate
Kingsport-Bristol
6,527 loans originated
17.7%
denial rate
Lynchburg
5,535 loans originated
16.9%
denial rate
Charlottesville
4,293 loans originated
15.4%
denial rate
Winchester
3,742 loans originated
14.5%
denial rate
Staunton-Stuarts Draft
2,931 loans originated
15.6%
denial rate
Blacksburg-Christiansburg-Radford
2,798 loans originated
16.6%
denial rate
Harrisonburg
2,233 loans originated
13.2%
denial rate

Frequently Asked Questions

How many mortgage applications were filed in Virginia?
In the 2024 HMDA reporting year, 351,125 mortgage applications were filed in Virginia. Of these, 182,949 were originated (approved and funded), while 54,429 were denied, resulting in a denial rate of 15.5%.
Where does Virginia sit among U.S. states for mortgage volume?
According to CFPB HMDA 2024 application volume across U.S. states and territories, Virginia ranks #11 of 54. On origination share (originated divided by applications, 10,000-application floor) it ranks #30 of 52 at 52.1%. The /states hub sorts by application volume for this ranking basis. See /methodology#corpus-placement.
What is the mortgage denial rate in Virginia?
The mortgage denial rate in Virginia is 15.5%, meaning 15.5% of all applications were denied by lenders. The approval (origination) rate is 52.1%.
What is the average mortgage loan amount in Virginia?
The average mortgage loan amount in Virginia is $334,702. The average interest rate across all loan types is 7.158%.
How many mortgage lenders operate in Virginia?
889 mortgage lenders reported HMDA data for Virginia. These include banks, credit unions, and independent mortgage companies that filed lending activity for this state.
How do mortgage denial rates vary by demographics in Virginia?
Virginia reports demographic lending data under HMDA. White applicants (171,748 applications) have an approval rate of 62.6% and denial rate of 15.7%; Black or African American applicants (44,409 applications) have an approval rate of 50.9% and denial rate of 23.5%; Asian applicants (24,533 applications) have an approval rate of 57.7% and denial rate of 16.8%. These figures reflect derived race categories as reported by applicants, and cover only groups with at least 100 applications, since a rate computed on a handful of applications is not readable.
Which counties in Virginia have the most mortgage activity?
The top counties by mortgage volume in Virginia are Fairfax County (18,439 originations), Prince William County (10,024 originations), Virginia Beach City (10,420 originations). There are 133 counties with HMDA mortgage data in the state.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.