First-Citizens Bank & Trust in Virginia vs the state
21.7%Denial rate+5.77 pts vs state
24.1%Decision denial rate+3.86 pts vs state
64.3%Origination rate+4.82 pts vs state
6.39%Median rate-0.24 pts vs state
-0.03Rate spread (pts)-0.25 pts vs state
$138kMedian applicant income
664Loans originated
224Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,155 | 746 | 21.5% | 6.49% | #55 |
| 2024 | 1,116 | 762 | 21.7% | 6.03% | #66 |
| 2025 | 1,032 | 664 | 21.7% | 6.39% | #72 |
What First-Citizens Bank & Trust lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most First-Citizens Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Roanoke County | 85 | 57 | 16 | 18.8% |
| Chesterfield County | 68 | 38 | 21 | 30.9% |
| Roanoke city | 60 | 43 | 14 | 23.3% |
| Bedford County | 56 | 39 | 6 | 10.7% |
| Pittsylvania County | 54 | 31 | 16 | 29.6% |
| Albemarle County | 51 | 26 | 13 | 25.5% |
| Henrico County | 40 | 29 | 4 | 10.0% |
| Richmond city | 38 | 23 | 11 | 28.9% |
| Mecklenburg County | 38 | 27 | 8 | 21.1% |
| Danville city | 36 | 19 | 6 | 16.7% |
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: 1,032 applications in 2025, of which 664 were originated and 224 denied.
21.7% of all applications, or 24.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans First-Citizens Bank & Trust originated in Virginia in 2025 was 6.39%, against a statewide median of 6.63%.
About this data. Figures are First-Citizens 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