# Virginia Credit Union, Inc.

> **Canonical URL:** https://saferate.com/lenders/virginia-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Virginia Credit Union, Inc. is a credit union, headquartered in RICHMOND, VA, with 959 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 25% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 24% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 5493009LKZIV63KY6458
- **Headquarters:** RICHMOND, VA
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** VA
- **Markets (MSAs):** 7
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 75/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 76/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.206%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $865
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 959
- **Dollar Volume:** $287 million
- **Applications Received:** 1,329
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $299,265
- **Average Borrower Income:** $125,394
- **Average Property Value:** $410,975

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **VA Gold Superstar** (64%)
- ⭐ **Purchase Gold Superstar** (78%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 72/100 | 732 | +0.172% | $919 | Strong 😀 |
| FHA | 72/100 | 182 | +0.424% | $727 | Strong 😀 |
| VA | 64/100 | 33 | -0.277% | $365 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 508 loans, Score: 68/100 (Strong)
- Refinance: 224 loans, Score: 75/100 (Strong)

**FHA:**
- Purchase: 124 loans, Score: 70/100 (Strong)
- Refinance: 58 loans, Score: 76/100 (Strong)

**VA:**
- Purchase: 27 loans, Score: 64/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 69/100 | 671 | $217M | +0.102% | Strong 😀 |
| Refinance | 74/100 | 288 | $70M | +0.438% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| VA | 959 | 0.89% | 92/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Richmond, VA | VA | 681 | 100/100 |
| Non |  | 137 | 56/100 |
| Arlington | VA-WV | 33 | 53/100 |
| Charlottesville, VA | VA | 32 | 64/100 |
| Virginia Beach | VA-NC | 26 | 51/100 |
| Lynchburg, VA | VA | 15 | 49/100 |
| Roanoke, VA | VA | 11 | 43/100 |

## Where This Lender Ranks

Virginia Credit Union, Inc. appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Richmond, VA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Richmond, VA for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/credit-unions/fha-loans)
- 🥈 **#2** in Virginia Credit Unions
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in Virginia for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/fha-loans)
- 🥈 **#2** in Virginia for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/va-loans)
- 🥈 **#2** in Richmond, VA
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders)
- 🥈 **#2** in Richmond, VA for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/credit-unions/va-loans)
- 🥈 **#2** in Richmond, VA for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥉 **#3** in Virginia for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Virginia for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥉 **#3** in Richmond, VA for Conventional Loans
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in Lynchburg, VA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/lynchburg-va/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Roanoke, VA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/roanoke-va/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Virginia
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders)
- 🏆 **#5** in Charlottesville, VA
  - [View Full Rankings](https://saferate.com/charlottesville-va/best-mortgage-lenders)
- 🏆 **#5** in Charlottesville, VA for Conventional Loans
  - [View Full Rankings](https://saferate.com/charlottesville-va/best-mortgage-lenders/conventional-loans)
- 🏆 **#6** in Virginia for Conventional Loans
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/conventional-loans)
- 🏆 **#6** in Richmond, VA for FHA Loans
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/fha-loans)
- 🏆 **#8** in Richmond, VA for Jumbo Loans
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/jumbo-loans)
- 🏆 **#9** in Virginia for FHA Loans
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/fha-loans)

## Frequently Asked Questions

### What loan types does Virginia Credit Union, Inc. offer?

Virginia Credit Union, Inc. offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Virginia Credit Union, Inc. offer mortgages?

Virginia Credit Union, Inc. offers mortgages in 1 states: VA.

### How competitive are Virginia Credit Union, Inc.'s mortgage rates?

Virginia Credit Union, Inc. has a pricing score of 75/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.206% above market average.

### What type of lender is Virginia Credit Union, Inc.?

Virginia Credit Union, Inc. is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in RICHMOND, VA.

### What is Virginia Credit Union, Inc.'s loan approval success rate?

Virginia Credit Union, Inc. has a pull-through score of 76/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/virginia-credit-union

### How to Cite

> "Virginia Credit Union, Inc. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/virginia-credit-union

---

**[View Interactive Profile →](https://saferate.com/lenders/virginia-credit-union)**