Farmers Bank & Trust in Virginia vs the state
5.6%Denial rate-10.32 pts vs state
12.2%Decision denial rate-8.05 pts vs state
37.1%Origination rate-22.44 pts vs state
5.99%Median rate-0.63 pts vs state
-0.27Rate spread (pts)-0.49 pts vs state
$194kMedian applicant income
33Loans originated
5Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 52 | 20 | 3.9% | 6.31% | #358 |
| 2024 | 81 | 37 | 6.2% | 6.50% | #304 |
| 2025 | 89 | 33 | 5.6% | 5.99% | #300 |
What Farmers Bank & Trust lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Farmers Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 21 | 11 | 0 | 0.0% |
| Loudoun County | 8 | 2 | 1 | 12.5% |
| Virginia Beach city | 6 | 2 | 0 | 0.0% |
| Richmond city | 5 | 0 | 1 | 20.0% |
| Alexandria city | 5 | 1 | 0 | 0.0% |
| Spotsylvania County | 4 | 1 | 1 | 25.0% |
| Albemarle County | 3 | 1 | 0 | 0.0% |
| Fairfax city | 3 | 1 | 0 | 0.0% |
| Norfolk city | 3 | 0 | 0 | 0.0% |
| Arlington County | 3 | 3 | 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: 89 applications in 2025, of which 33 were originated and 5 denied.
5.6% of all applications, or 12.2% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Farmers Bank & Trust originated in Virginia in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Farmers Bank & Trust'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