First National Bank of America in Virginia vs the state
9.7%Denial rate-6.28 pts vs state
13.0%Decision denial rate-7.29 pts vs state
64.8%Origination rate+5.31 pts vs state
8.75%Median rate+2.13 pts vs state
2.62Rate spread (pts)+2.40 pts vs state
$105kMedian applicant income
94Loans originated
14Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 209 | 151 | 14.4% | 9.88% | #184 |
| 2024 | 217 | 160 | 10.6% | 9.38% | #192 |
| 2025 | 145 | 94 | 9.7% | 8.75% | #248 |
What First National Bank of America lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most First National Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 15 | 6 | 3 | 20.0% |
| Chesterfield County | 14 | 12 | 0 | 0.0% |
| Norfolk city | 13 | 8 | 1 | 7.7% |
| Henrico County | 10 | 6 | 2 | 20.0% |
| Prince William County | 9 | 8 | 0 | 0.0% |
| Richmond city | 8 | 5 | 0 | 0.0% |
| Roanoke city | 6 | 5 | 0 | 0.0% |
| Spotsylvania County | 5 | 1 | 1 | 20.0% |
| Hanover County | 5 | 4 | 1 | 20.0% |
| Stafford County | 4 | 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: 145 applications in 2025, of which 94 were originated and 14 denied.
9.7% of all applications, or 13.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans First National Bank of America originated in Virginia in 2025 was 8.75%, against a statewide median of 6.63%.
About this data. Figures are First National Bank of America'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