First Technology Federal Credit Union in Virginia vs the state
10.7%Denial rate-5.23 pts vs state
15.0%Decision denial rate-5.25 pts vs state
53.6%Origination rate-5.95 pts vs state
6.75%Median rate+0.13 pts vs state
0.23Rate spread (pts)+0.01 pts vs state
$217kMedian applicant income
15Loans originated
3Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 19 | 12 | 5.3% | 8.06% | #486 |
| 2024 | 29 | 13 | 24.1% | 9.38% | #437 |
| 2025 | 28 | 15 | 10.7% | 6.75% | #451 |
What First Technology Federal Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most First Technology Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Loudoun County | 8 | 3 | 1 | 12.5% |
| Fairfax County | 7 | 6 | 0 | 0.0% |
| Chesterfield County | 2 | 2 | 0 | 0.0% |
| Alexandria city | 2 | 1 | 1 | 50.0% |
| Richmond city | 1 | 0 | 0 | 0.0% |
| Albemarle County | 1 | 0 | 0 | 0.0% |
| Arlington County | 1 | 1 | 0 | 0.0% |
| Henrico County | 1 | 0 | 0 | 0.0% |
| Chesapeake city | 1 | 0 | 0 | 0.0% |
| Prince William County | 1 | 1 | 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: 28 applications in 2025, of which 15 were originated and 3 denied.
10.7% of all applications, or 15.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans First Technology Federal Credit Union originated in Virginia in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are First Technology Federal Credit Union'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