First Federal Bank in Virginia vs the state
7.5%Denial rate-8.42 pts vs state
12.0%Decision denial rate-8.27 pts vs state
55.3%Origination rate-4.26 pts vs state
5.99%Median rate-0.63 pts vs state
-0.56Rate spread (pts)-0.78 pts vs state
$171kMedian applicant income
147Loans originated
20Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 109 | 61 | 9.2% | 6.38% | #254 |
| 2024 | 273 | 177 | 11.0% | 6.13% | #171 |
| 2025 | 266 | 147 | 7.5% | 5.99% | #177 |
What First Federal Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most First Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 54 | 27 | 6 | 11.1% |
| Prince William County | 24 | 13 | 0 | 0.0% |
| Loudoun County | 17 | 7 | 3 | 17.6% |
| Arlington County | 12 | 10 | 0 | 0.0% |
| Chesterfield County | 12 | 8 | 2 | 16.7% |
| Virginia Beach city | 10 | 4 | 2 | 20.0% |
| Spotsylvania County | 10 | 5 | 0 | 0.0% |
| Richmond city | 10 | 7 | 0 | 0.0% |
| Henrico County | 8 | 2 | 1 | 12.5% |
| Chesapeake city | 6 | 4 | 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: 266 applications in 2025, of which 147 were originated and 20 denied.
7.5% of all applications, or 12.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans First Federal Bank originated in Virginia in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are First Federal Bank'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