Mortgage Approval and Denial Rates in Virginia (2025 HMDA)

Mortgage denial rates in Virginia: lenders acted on 339,821 mortgage applications in Virginia in 2025 and denied 15.9% of them, down from 17.6% in 2024. The national denial rate was 17.7%.

Applications acted on

339,821

Loans originated

202,417

Denial rate

15.9%

Median loan

$255,000

Virginia against the national picture

Virginia denial rate15.9%
National denial rate17.7%
Virginia, 202417.6%

Most-reported denial reason in Virginia: Debt-to-income ratio.

Counties ranked by denial rate

CountyApplicationsDenial rateMedian loan
Buchanan County29131.3%$115,000
Wise County78327.1%$115,000
Lee County57427.0%$125,000
Galax city20925.4%$135,000
Patrick County53024.9%$145,000
Martinsville city45824.7%$115,000
King and Queen County36824.7%$175,000
Charlotte County33624.4%$135,000
Scott County55824.0%$135,000
Sussex County36724.0%$155,000
Dickenson County31423.9%$105,000
Henry County1,57323.8%$125,000
Prince George County1,50423.5%$225,000
Buckingham County59323.3%$185,000
Brunswick County44423.0%$165,000
Pittsylvania County1,81922.5%$145,000
Smyth County82122.5%$125,000
Russell County58222.5%$125,000
Franklin city47722.0%$215,000
Prince Edward County70021.7%$165,000
Halifax County90121.6%$145,000
Accomack County1,23121.4%$195,000
Wythe County1,04521.2%$135,000
Bath County15221.1%$125,000
Richmond County33321.0%$175,000
Greensville County24821.0%$175,000
Bland County18121.0%$145,000
Bristol city67420.9%$145,000
Surry County33420.7%$205,000
Lunenburg County38320.4%$135,000
Amherst County1,21820.3%$180,000
Buena Vista city20220.3%$145,000
Manassas city1,34420.2%$315,000
Tazewell County88620.1%$115,000
Essex County50819.7%$205,000
Petersburg city1,66519.6%$175,000
Williamsburg city34119.6%$225,000
Charles City County26619.5%$215,000
Southampton County66419.4%$185,000
Danville city1,28219.3%$135,000
Mathews County46219.3%$215,000
Madison County59419.2%$255,000
Washington County1,90819.0%$155,000
Nottoway County56319.0%$155,000
Nelson County74218.9%$215,000
Carroll County1,06818.8%$145,000
Caroline County2,13418.6%$275,000
Middlesex County60218.6%$205,000
Rockbridge County75718.4%$185,000
Mecklenburg County1,16718.3%$175,000
Giles County49718.3%$155,000
Lancaster County60318.2%$225,000
Floyd County52718.2%$175,000
Culpeper County2,51518.0%$325,000
Dinwiddie County1,30318.0%$205,000
Alleghany County41117.8%$135,000
Covington city15217.8%$105,000
Northumberland County79817.7%$205,000
Pulaski County1,32217.6%$140,000
Appomattox County69317.6%$195,000
Stafford County8,09817.5%$375,000
Spotsylvania County8,08617.4%$335,000
Louisa County2,62717.3%$275,000
Westmoreland County1,30517.3%$245,000
Roanoke city3,69917.1%$165,000
Prince William County19,21017.0%$365,000
Franklin County2,25716.8%$205,000
Portsmouth city5,42016.7%$225,000
Cumberland County45516.7%$205,000
Page County99416.6%$215,000
Bedford County3,55416.5%$215,000
Clarke County52716.5%$285,000
Craig County18816.5%$140,000
Rappahannock County26916.4%$305,000
Shenandoah County2,08616.3%$225,000
Hopewell city1,08616.3%$195,000
Suffolk city6,17516.2%$295,000
King George County1,43016.2%$335,000
Harrisonburg city79216.2%$205,000
Hampton city6,63316.1%$225,000
Northampton County58916.1%$255,000
Fauquier County3,34116.0%$355,000
Manassas Park city55016.0%$375,000
Grayson County45016.0%$135,000
Newport News city6,84115.9%$215,000
Orange County2,39015.9%$295,000
Fluvanna County1,47415.9%$225,000
Colonial Heights city71615.9%$215,000
Greene County95215.7%$275,000
Gloucester County1,98715.6%$225,000
Warren County2,01215.5%$265,000
Campbell County1,96215.5%$205,000
Henrico County13,19415.4%$255,000
Norfolk city9,25815.1%$265,000
Frederick County4,79415.1%$275,000
Augusta County3,23815.0%$185,000
Fairfax County34,67514.9%$415,000
Richmond city6,91014.9%$255,000
Roanoke County3,84014.9%$205,000
Rockingham County2,95114.9%$235,000
Isle of Wight County2,31114.8%$285,000
Virginia Beach city19,74614.7%$265,000
Chesterfield County17,52614.7%$275,000
Amelia County61414.7%$215,000
Loudoun County18,88014.6%$445,000
Chesapeake city12,77614.6%$285,000
Lynchburg city2,47514.6%$185,000
Fredericksburg city82014.6%$320,000
Staunton city1,10514.5%$175,000
Charlottesville city99314.5%$275,000
Botetourt County1,40414.4%$205,000
Montgomery County2,47414.2%$225,000
King William County1,00314.2%$255,000
Radford city35414.1%$185,000
Poquoson city73213.8%$325,000
Albemarle County3,82613.6%$305,000
James City County3,71513.6%$265,000
Emporia city17013.5%$140,000
Hanover County4,74013.2%$265,000
Goochland County1,36213.1%$305,000
Waynesboro city1,09213.0%$205,000
York County2,87912.7%$285,000
Salem city89612.4%$185,000
Powhatan County1,37312.2%$275,000
New Kent County1,73112.1%$295,000
Alexandria city4,52011.9%$395,000
Fairfax city94611.8%$455,000
Winchester city86811.5%$285,000
Arlington County4,86511.1%$465,000
Lexington city1039.7%$225,000
Falls Church city3998.5%$505,000

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Reading these numbers

The denial rate counts applications the lender acted on, so withdrawn files do not inflate it. A high rate does not automatically mean strict lenders: counties with many first-time or lower-income applicants tend to show higher denial rates because of debt-to-income and credit-history thresholds, which are the two reasons lenders report most often. Median loan amount and median applicant income are computed from the same application records, so they describe who is applying — not who ends up buying.

Source: Consumer Financial Protection Bureau, HMDA Data Browser (2025 loan application register). Latest observation 2026-08-23.