HomeVirginiaCash-out refinance
cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Virginia

Fat Boy Data analyzed cash-out refinance activity in Virginia to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 55,049 applications were decided by 478 lenders between 2023 and 2025.

Virginia at a glance

478Active lenders159 with 20+ decisions
69.7%Market approval rate38,358 of 55,049 decided
$195KTypical loanmedian lender, $10K brackets
95%Borrower take-up36,365 loans funded

How Virginia compares

Approval rate compared
Virginia69.7%All 616 counties68.2%
Typical loan compared
Virginia$195KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Virginia, 9,525 of them.

That is 26% of every cash-out refinance originated here, so this market is unusually concentrated in one lender.

Atlantic Coast Mortgage, LLC approved the highest share of applications among lenders with at least 20 decisions here, 97% of 164.

The typical cash-out refinance here is $195K, 26% larger than the the United States typical of $155K.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%Mortgage Research Center, LLC: 19% approved of 955Lakeview Loan Servicing, LLC: 26% approved of 661Amerisave Mortgage Corporation: 30% approved of 3,091Network Capital Funding Corporation: 34% approved of 201Carrington Mortgage Services, LLC: 38% approved of 1,457American Financing Corporation: 39% approved of 222Spring Eq, LLC: 42% approved of 377New Day Financial, LLC: 43% approved of 1,012USAA Federal Savings Bank: 44% approved of 151Pentagon Federal Credit Union: 45% approved of 307Newrez LLC: 52% approved of 2,070Wells Fargo Bank, National Association: 57% approved of 726Plaza Home Mortgage, Inc.: 57% approved of 141New American Funding, LLC: 58% approved of 448Mutual of Omaha Mortgage, Inc.: 58% approved of 573Village Capital & Investment LLC: 59% approved of 531Capital Center, L.L.C.: 63% approved of 485Nextmark: 64% approved of 338Lower, LLC: 64% approved of 196Manufacturers and Traders Trust Company: 66% approved of 116Flagstar Bank, National Association: 68% approved of 327Onity Mortgage Corporation: 68% approved of 148TOWER Federal Credit Union: 69% approved of 435Loandepot.Com, LLC: 69% approved of 1,708Prosperity Home Mortgage, LLC: 69% approved of 245Credit Union Mortgage Association, Inc.: 70% approved of 124Quorum Federal Credit Union: 70% approved of 247GoodLeap, LLC: 71% approved of 668Navy Federal Credit Union: 72% approved of 3,389Sun West Mortgage Company, Inc.: 73% approved of 266Freedom Mortgage Corporation: 73% approved of 1,717U.S. Bank National Association: 74% approved of 117Truist Bank: 74% approved of 535Pennymac Loan Services, LLC: 74% approved of 1,771Virginia Federal Credit Union: 75% approved of 1,253Northwest Federal Credit Union: 75% approved of 968Guaranteed Rate, Inc.: 75% approved of 155Planet Home Lending, LLC: 76% approved of 157United Wholesale Mortgage, LLC: 77% approved of 3,574The Federal Savings Bank: 78% approved of 469Sofi Bank, N.A.tional Association: 78% approved of 153Equity Prime Mortgage LLC: 79% approved of 211Fairway Independent Mortgage Corporation: 81% approved of 118Nationstar Mortgage LLC: 82% approved of 1,080Rocket Mortgage, LLC: 84% approved of 11,702Cardinal Financial Company, Limited Partnership: 84% approved of 120Newport News Shipbuilding Employees Credit Union, Inc. Dba Bayport Credit Union: 85% approved of 313Magnolia Bank, Incorporated: 87% approved of 127Bank of America, National Association: 87% approved of 121JPMorgan Chase Bank, National Association: 87% approved of 264Wright Patman Congressional Federal Credit Union: 89% approved of 242Bank-Fund Staff Federal Credit Union: 90% approved of 524Cmg Mortgage, Inc.: 91% approved of 131American Financial Network, Inc.: 91% approved of 174Crosscountry Mortgage, LLC: 92% approved of 201Atlantic Bay Mortgage Group, L.L.C.: 95% approved of 176Movement Mortgage, LLC: 96% approved of 436Reliance First Capital, LLC: 97% approved of 320Atlantic Coast Mortgage, LLC: 97% approved of 164Coastal Community Bank: 97% approved of 243

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Cash-out refinance lenders in Virginia

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC84%9,845 / 11,70297%$155K9,525
2United Wholesale Mortgage, LLCBroker only77%2,747 / 3,57497%$305K2,659
3Navy Federal Credit Union72%2,454 / 3,38998%$145K2,406
4Amerisave Mortgage Corporation30%935 / 3,09197%$115K905
5Newrez LLC52%1,086 / 2,07097%$115K1,056

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 473 more lenders.

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Counties in Virginia