1st Advantage Federal Credit Union in Virginia vs the state
24.7%Denial rate+8.80 pts vs state
27.1%Decision denial rate+6.80 pts vs state
63.0%Origination rate+3.46 pts vs state
6.43%Median rate-0.19 pts vs state
-0.91Rate spread (pts)-1.13 pts vs state
$106kMedian applicant income
672Loans originated
264Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 849 | 523 | 23.0% | 7.49% | #75 |
| 2024 | 898 | 592 | 21.4% | 7.24% | #80 |
| 2025 | 1,067 | 672 | 24.7% | 6.43% | #68 |
What 1st Advantage Federal Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most 1st Advantage Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Newport News city | 219 | 124 | 63 | 28.8% |
| James City County | 172 | 118 | 39 | 22.7% |
| York County | 115 | 76 | 26 | 22.6% |
| Hampton city | 95 | 52 | 33 | 34.7% |
| Gloucester County | 88 | 64 | 12 | 13.6% |
| Virginia Beach city | 58 | 35 | 17 | 29.3% |
| Chesterfield County | 37 | 22 | 7 | 18.9% |
| Chesapeake city | 35 | 26 | 4 | 11.4% |
| Henrico County | 26 | 16 | 6 | 23.1% |
| Norfolk city | 20 | 14 | 3 | 15.0% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 1,067 applications in 2025, of which 672 were originated and 264 denied.
24.7% of all applications, or 27.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans 1st Advantage Federal Credit Union originated in Virginia in 2025 was 6.43%, against a statewide median of 6.63%.
About this data. Figures are 1st Advantage Federal Credit Union's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology