1st Signature Lending in Virginia vs the state
8.1%Denial rate-7.83 pts vs state
12.0%Decision denial rate-8.25 pts vs state
59.5%Origination rate-0.06 pts vs state
6.00%Median rate-0.63 pts vs state
0.37Rate spread (pts)+0.15 pts vs state
$84kMedian applicant income
22Loans originated
3Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 23 | 11 | 17.4% | 6.75% | #460 |
| 2024 | 22 | 18 | 4.6% | 6.50% | #469 |
| 2025 | 37 | 22 | 8.1% | 6.00% | #416 |
What 1st Signature Lending lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
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: 37 applications in 2025, of which 22 were originated and 3 denied.
8.1% of all applications, or 12.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans 1st Signature Lending originated in Virginia in 2025 was 6.00%, against a statewide median of 6.63%.
About this data. Figures are 1st Signature Lending'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