First Reliance Bank in Virginia vs the state
5.5%Denial rate-10.45 pts vs state
5.8%Decision denial rate-14.44 pts vs state
89.0%Origination rate+29.50 pts vs state
6.63%Median rate0.00 pts vs state
0.20Rate spread (pts)-0.02 pts vs state
$86kMedian applicant income
146Loans originated
9Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 139 | 121 | 3.6% | 6.75% | #225 |
| 2024 | 157 | 134 | 5.7% | 6.56% | #228 |
| 2025 | 164 | 146 | 5.5% | 6.63% | #229 |
What First Reliance Bank lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most First Reliance Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Botetourt County | 27 | 25 | 0 | 0.0% |
| Wythe County | 20 | 18 | 2 | 10.0% |
| Roanoke County | 10 | 9 | 0 | 0.0% |
| Franklin County | 9 | 9 | 0 | 0.0% |
| Montgomery County | 9 | 9 | 0 | 0.0% |
| Bedford County | 7 | 6 | 0 | 0.0% |
| Pulaski County | 7 | 6 | 1 | 14.3% |
| Carroll County | 6 | 5 | 1 | 16.7% |
| Lynchburg city | 5 | 4 | 0 | 0.0% |
| Campbell County | 5 | 5 | 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: 164 applications in 2025, of which 146 were originated and 9 denied.
5.5% of all applications, or 5.8% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans First Reliance Bank originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are First Reliance 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