First Colony Mortgage in Virginia vs the state
5.4%Denial rate-10.57 pts vs state
7.0%Decision denial rate-13.23 pts vs state
60.4%Origination rate+0.88 pts vs state
6.38%Median rate-0.25 pts vs state
0.22Rate spread (pts)-0.01 pts vs state
$110kMedian applicant income
90Loans originated
8Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 16 | 13 | 0.0% | 7.38% | #503 |
| 2024 | 89 | 53 | 4.5% | 6.50% | #292 |
| 2025 | 149 | 90 | 5.4% | 6.38% | #243 |
What First Colony Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most First Colony Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 30 | 18 | 3 | 10.0% |
| Prince William County | 28 | 15 | 2 | 7.1% |
| Campbell County | 10 | 5 | 0 | 0.0% |
| Roanoke city | 9 | 6 | 0 | 0.0% |
| Loudoun County | 5 | 3 | 0 | 0.0% |
| Appomattox County | 5 | 3 | 1 | 20.0% |
| Bedford County | 4 | 3 | 0 | 0.0% |
| Stafford County | 4 | 2 | 1 | 25.0% |
| Montgomery County | 4 | 2 | 0 | 0.0% |
| Albemarle 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: 149 applications in 2025, of which 90 were originated and 8 denied.
5.4% of all applications, or 7.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans First Colony Mortgage originated in Virginia in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are First Colony Mortgage'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