Member First Mortgage in Virginia vs the state
7.1%Denial rate-8.80 pts vs state
11.1%Decision denial rate-9.14 pts vs state
57.1%Origination rate-2.38 pts vs state
5.75%Median rate-0.88 pts vs state
-0.17Rate spread (pts)-0.39 pts vs state
$234kMedian applicant income
8Loans originated
1Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 5 | 1 | 0.0% | 7.38% | #653 |
| 2025 | 14 | 8 | 7.1% | 5.75% | #536 |
What Member First Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Member First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Loudoun County | 2 | 1 | 0 | 0.0% |
| Bedford County | 2 | 1 | 0 | 0.0% |
| Fairfax County | 2 | 2 | 0 | 0.0% |
| Botetourt County | 1 | 0 | 0 | 0.0% |
| Warren County | 1 | 0 | 1 | 100.0% |
| Manassas Park city | 1 | 0 | 0 | 0.0% |
| Halifax County | 1 | 1 | 0 | 0.0% |
| Spotsylvania County | 1 | 0 | 0 | 0.0% |
| Shenandoah County | 1 | 1 | 0 | 0.0% |
| Norfolk city | 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: 14 applications in 2025, of which 8 were originated and 1 denied.
7.1% of all applications, or 11.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Member First Mortgage originated in Virginia in 2025 was 5.75%, against a statewide median of 6.63%.
About this data. Figures are Member First Mortgage'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