City First Mortgage Services in Virginia vs the state
1.4%Denial rate-14.59 pts vs state
1.9%Decision denial rate-18.40 pts vs state
68.9%Origination rate+9.40 pts vs state
6.75%Median rate+0.13 pts vs state
0.44Rate spread (pts)+0.22 pts vs state
$98kMedian applicant income
51Loans originated
1Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 59 | 46 | 3.4% | 7.25% | #336 |
| 2024 | 106 | 80 | 3.8% | 6.75% | #268 |
| 2025 | 74 | 51 | 1.4% | 6.75% | #320 |
What City First Mortgage Services lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most City First Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Portsmouth city | 15 | 8 | 0 | 0.0% |
| Chesapeake city | 15 | 9 | 0 | 0.0% |
| Suffolk city | 11 | 9 | 0 | 0.0% |
| Virginia Beach city | 8 | 6 | 0 | 0.0% |
| Hampton city | 5 | 4 | 1 | 20.0% |
| Isle of Wight County | 4 | 3 | 0 | 0.0% |
| Norfolk city | 4 | 3 | 0 | 0.0% |
| Newport News city | 3 | 3 | 0 | 0.0% |
| Fairfax County | 2 | 2 | 0 | 0.0% |
| New Kent County | 1 | 1 | 0 | 0.0% |
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: 74 applications in 2025, of which 51 were originated and 1 denied.
1.4% of all applications, or 1.9% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans City First Mortgage Services originated in Virginia in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are City First Mortgage Services'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