First Community Mortgage in Virginia vs the state
6.6%Denial rate-9.31 pts vs state
7.0%Decision denial rate-13.22 pts vs state
81.4%Origination rate+21.87 pts vs state
6.49%Median rate-0.13 pts vs state
0.17Rate spread (pts)-0.05 pts vs state
$106kMedian applicant income
503Loans originated
41Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 140 | 116 | 7.1% | 7.00% | #223 |
| 2024 | 625 | 542 | 4.8% | 6.63% | #91 |
| 2025 | 618 | 503 | 6.6% | 6.49% | #98 |
What First Community Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most First Community Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Virginia Beach city | 71 | 55 | 6 | 8.5% |
| Chesapeake city | 51 | 39 | 7 | 13.7% |
| Chesterfield County | 49 | 40 | 5 | 10.2% |
| Norfolk city | 44 | 35 | 5 | 11.4% |
| Henrico County | 32 | 26 | 3 | 9.4% |
| Albemarle County | 29 | 27 | 1 | 3.4% |
| Roanoke County | 25 | 22 | 1 | 4.0% |
| Suffolk city | 20 | 16 | 0 | 0.0% |
| Portsmouth city | 20 | 15 | 3 | 15.0% |
| Newport News city | 19 | 15 | 2 | 10.5% |
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: 618 applications in 2025, of which 503 were originated and 41 denied.
6.6% 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 Community Mortgage originated in Virginia in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are First Community 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