Lenders › Pentagon Federal Credit Unioin › Virginia
Pentagon Federal Credit Unioin in Virginia
HMDA record for properties in Virginia, calendar year 2024. National record · Virginia overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Pentagon Federal Credit Unioin's 2024 HMDA record for Virginia covers 2,711 applications, 1,194 of them originated, worth $288m.
Its denial rate in the state was 41.9%, above the Virginia rate of 22.1% across all lenders and compared with the lender's national rate of 51.4%.
The median rate spread on its Virginia originations was 0.8 percentage points (state median 0.3).
Applications in the state were down 10% on 2023.
Compared with the state and the lender's national record
| Measure | In Virginia | Virginia, all lenders | Pentagon Federal Credit Unioin, all states | United States |
|---|---|---|---|---|
| Denial rate | 41.9% | 22.1% | 51.4% | 24.3% |
| Median rate spread, pp | 0.8 | 0.3 | 0.8 | 0.3 |
| Originations with spread of 1.5 pp or more | 15.2% | 16.5% | 16.3% | 15.6% |
| Average originated loan | $242k | $352k | $232k | $329k |
| Home purchase share | 22.6% | 55.8% | 29.8% | 57.0% |
| FHA-insured share | 1.7% | 11.7% | 3.1% | 13.4% |
| VA-guaranteed share | 11.4% | 16.4% | 14.9% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateVirginia, all lenders
Loan purpose and loan type in Virginia
By purpose
Home purchase 23% (270)Home improvement 37% (437)Refinancing 19% (227)Cash-out refinancing 5% (60)Other purpose 17% (200)
By type
Conventional 87% (1,038)FHA 2% (20)VA 11% (136)
Denial reasons as coded
Share of 876 denials in Virginia by first denial reason coded (outlined bar: all lenders in the state).
Counties in Virginia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Fairfax County | 738 | 344 | $89m | 38.5% |
| Prince William County | 413 | 181 | $35m | 43.3% |
| Loudoun County | 300 | 123 | $35m | 44.2% |
| Stafford County | 147 | 59 | $15m | 48.8% |
| Arlington County | 89 | 43 | $10m | 38.6% |
| Chesterfield County | 85 | 40 | $8.9m | 37.9% |
| Spotsylvania County | 85 | 40 | $13m | 38.8% |
| Alexandria city | 74 | 36 | $8.1m | 32.7% |
| Virginia Beach city | 65 | 29 | $8.1m | 43.1% |
| Henrico County | 68 | 28 | $4.8m | 46.2% |
| Chesapeake city | 38 | 24 | $5.3m | 25.0% |
| Frederick County | 29 | 17 | $4.1m | — |
| James City County | 27 | 17 | $2.9m | — |
| Fauquier County | 25 | 12 | $3.5m | — |
| Richmond city | 27 | 9 | $1.8m | — |
| Norfolk city | 29 | 7 | $2.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Pentagon Federal Credit Unioin originate in Virginia in 2024?
1,194 loans totalling $288m, from 2,711 applications reported for properties in Virginia.
What is Pentagon Federal Credit Unioin's denial rate in Virginia?
41.9% of decided applications in Virginia were denied, against 22.1% for all lenders in the state and 51.4% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Virginia counties does Pentagon Federal Credit Unioin lend in most?
By originations: Fairfax County (344), Prince William County (181), Loudoun County (123), Stafford County (59), Arlington County (43).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Virginia. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.