Farmers and Merchants Trust Company of Chambersburg in Virginia vs the state
40.0%Denial rate+24.06 pts vs state
50.0%Decision denial rate+29.75 pts vs state
40.0%Origination rate-19.52 pts vs state
7.19%Median rate+0.56 pts vs state
0.71Rate spread (pts)+0.49 pts vs state
$223kMedian applicant income
2Loans originated
2Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5 | 4 | 20.0% | 6.44% | #640 |
| 2025 | 5 | 2 | 40.0% | 7.19% | #643 |
What Farmers and Merchants Trust Company of Chambersburg lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Farmers and Merchants Trust Company of Chambersburg applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Portsmouth city | 1 | 0 | 0 | 0.0% |
| Spotsylvania County | 1 | 0 | 1 | 100.0% |
| Arlington County | 1 | 1 | 0 | 0.0% |
| Frederick County | 1 | 0 | 1 | 100.0% |
| Staunton city | 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: 5 applications in 2025, of which 2 were originated and 2 denied.
40.0% of all applications, or 50.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Farmers and Merchants Trust Company of Chambersburg originated in Virginia in 2025 was 7.19%, against a statewide median of 6.63%.
About this data. Figures are Farmers and Merchants Trust Company of Chambersburg'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