FREEDOM FIRST Federal Credit Union in Virginia vs the state
13.4%Denial rate-2.54 pts vs state
14.7%Decision denial rate-5.60 pts vs state
73.9%Origination rate+14.33 pts vs state
6.75%Median rate+0.13 pts vs state
0.35Rate spread (pts)+0.13 pts vs state
$96kMedian applicant income
689Loans originated
125Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 951 | 630 | 20.8% | 7.50% | #68 |
| 2024 | 1,032 | 691 | 18.2% | 7.50% | #72 |
| 2025 | 933 | 689 | 13.4% | 6.75% | #82 |
What FREEDOM FIRST Federal Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most FREEDOM FIRST Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Roanoke city | 182 | 115 | 47 | 25.8% |
| Montgomery County | 153 | 116 | 16 | 10.5% |
| Roanoke County | 152 | 110 | 17 | 11.2% |
| Bedford County | 76 | 56 | 10 | 13.2% |
| Botetourt County | 63 | 46 | 8 | 12.7% |
| Salem city | 60 | 48 | 4 | 6.7% |
| Franklin County | 48 | 35 | 5 | 10.4% |
| Lynchburg city | 48 | 40 | 4 | 8.3% |
| Floyd County | 19 | 14 | 3 | 15.8% |
| Campbell County | 18 | 14 | 1 | 5.6% |
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: 933 applications in 2025, of which 689 were originated and 125 denied.
13.4% of all applications, or 14.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans FREEDOM FIRST Federal Credit Union originated in Virginia in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are FREEDOM FIRST 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