First Savings Bank · Virginia · 2025

First Savings Bank in Virginia: approval rate, denial rate and rates (2025)

First Savings Bank took 33 mortgage applications in Virginia in 2025, ranking #429 of 1,013 lenders active in the state. It originated 45.5% of them and denied 39.4% (46.4% of the applications it decided), against a statewide denial rate of 15.9%.

33Applicationsin VA
46.4%Decision denial ratestate 20.3%
7.63%Median ratestate 6.63%
$465,000Median loanstate $255,000
$7.7MVolume21 counties

First Savings Bank in Virginia vs the state

39.4%Denial rate+23.45 pts vs state
46.4%Decision denial rate+26.18 pts vs state
45.5%Origination rate-14.07 pts vs state
7.63%Median rate+1.00 pts vs state
0.35Rate spread (pts)+0.12 pts vs state
$164kMedian applicant income
15Loans originated
13Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202373342.7%6.88%#309
2024351642.9%7.63%#415
2025331539.4%7.63%#429

What First Savings Bank lends in Virginia

By loan purpose

Home purchase 3 9% · 33.3% denied
Refinance 14 42% · 35.7% denied
Cash-out refinance 16 48% · 43.8% denied

By loan type

Conventional 33 100% · 39.4% denied

Why it denied Virginia applicants

Credit history 6 46%
Debt-to-income ratio 5 38%
Incomplete application 1 8%
Collateral 1 8%

Where in Virginia

Counties with the most First Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 422 50.0%
Westmoreland County 303 100.0%
James City County 301 33.3%
Norfolk city 321 33.3%
Alexandria city 211 50.0%
Fairfax County 211 50.0%
Stafford County 210 0.0%
Warren County 110 0.0%
Accomack County 101 100.0%
Fauquier County 110 0.0%

Other large lenders in Virginia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 19,39519.3%7.75%
Rocket MortgageC 19,27414.8%6.63%
United Shore Financial ServicesB 13,99410.4%6.12%
Truist BankC 11,83831.6%6.49%
Mortgage Research CenterC 9,00016.7%6.25%
Pennymac Loan ServicesC 8,33410.7%6.38%
Freedom MortgageB 8,0296.5%6.25%
Bank of AmericaF 6,58431.9%6.24%
NewrezD 6,39016.4%6.38%
Movement MortgageA 6,1264.3%6.56%

Frequently asked questions

Virginia: 33 applications in 2025, of which 15 were originated and 13 denied.

39.4% of all applications, or 46.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans First Savings Bank originated in Virginia in 2025 was 7.63%, against a statewide median of 6.63%.

About this data. Figures are First Savings 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