Lenders › PNC Bank N.A. › Virginia
PNC Bank N.A. 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.
PNC Bank N.A.'s 2024 HMDA record for Virginia covers 2,787 applications, 1,354 of them originated, worth $774m.
Its denial rate in the state was 37.4%, above the Virginia rate of 22.1% across all lenders and compared with the lender's national rate of 35.4%.
The median rate spread on its Virginia originations was 0.9 percentage points (state median 0.3).
Applications in the state were down 17% on 2023.
Compared with the state and the lender's national record
| Measure | In Virginia | Virginia, all lenders | PNC Bank N.A., all states | United States |
|---|---|---|---|---|
| Denial rate | 37.4% | 22.1% | 35.4% | 24.3% |
| Median rate spread, pp | 0.9 | 0.3 | 0.9 | 0.3 |
| Originations with spread of 1.5 pp or more | 36.2% | 16.5% | 29.2% | 15.6% |
| Average originated loan | $571k | $352k | $309k | $329k |
| Home purchase share | 18.6% | 55.8% | 21.0% | 57.0% |
| FHA-insured share | 0.7% | 11.7% | 1.0% | 13.4% |
| VA-guaranteed share | 1.0% | 16.4% | 0.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateVirginia, all lenders
Loan purpose and loan type in Virginia
By purpose
Home purchase 19% (252)Home improvement 32% (435)Refinancing 25% (345)Cash-out refinancing 2% (24)Other purpose 22% (298)
By type
Conventional 98% (1,331)FHA 1% (9)VA 1% (14)
Denial reasons as coded
Share of 845 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 | 735 | 348 | $148m | 36.5% |
| Loudoun County | 302 | 160 | $44m | 35.0% |
| Prince William County | 318 | 140 | $25m | 45.4% |
| Spotsylvania County | 123 | 70 | $9.1m | 31.4% |
| Virginia Beach city | 137 | 69 | $44m | 37.2% |
| Stafford County | 111 | 55 | $8.3m | 39.4% |
| Alexandria city | 66 | 43 | $13m | 18.2% |
| Arlington County | 82 | 37 | $364m | 37.1% |
| Chesapeake city | 67 | 29 | $41m | 45.6% |
| Accomack County | 61 | 29 | $4.2m | 43.4% |
| Chesterfield County | 55 | 28 | $6.8m | 28.6% |
| Norfolk city | 59 | 27 | $3.6m | 33.3% |
| Henrico County | 39 | 21 | $4.6m | 37.1% |
| Fauquier County | 43 | 19 | $3.2m | 42.9% |
| Hanover County | 25 | 12 | $1.7m | — |
| Culpeper County | 25 | 11 | $2.4m | — |
| Newport News city | 34 | 10 | $1.7m | 61.5% |
| Manassas city | 29 | 9 | $1.6m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did PNC Bank N.A. originate in Virginia in 2024?
1,354 loans totalling $774m, from 2,787 applications reported for properties in Virginia.
What is PNC Bank N.A.'s denial rate in Virginia?
37.4% of decided applications in Virginia were denied, against 22.1% for all lenders in the state and 35.4% 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 PNC Bank N.A. lend in most?
By originations: Fairfax County (348), Loudoun County (160), Prince William County (140), Spotsylvania County (70), Virginia Beach city (69).
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.