Reliance First Capital · Virginia · 2025

Reliance First Capital in Virginia: approval rate, denial rate and rates (2025)

Reliance First Capital took 238 mortgage applications in Virginia in 2025, ranking #192 of 1,013 lenders active in the state. It originated 79.8% of them and denied 4.6% (5.4% of the applications it decided), against a statewide denial rate of 15.9%.

238Applicationsin VA
5.4%Decision denial ratestate 20.3%
6.50%Median ratestate 6.63%
$205,000Median loanstate $255,000
$44MVolume86 counties

Reliance First Capital in Virginia vs the state

4.6%Denial rate-11.32 pts vs state
5.4%Decision denial rate-14.86 pts vs state
79.8%Origination rate+20.31 pts vs state
6.50%Median rate-0.13 pts vs state
0.72Rate spread (pts)+0.50 pts vs state
$71kMedian applicant income
190Loans originated
11Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232211842.3%6.63%#178
20242642193.8%6.75%#174
20252381904.6%6.50%#192

What Reliance First Capital lends in Virginia

By loan purpose

Home purchase 2 1% · 0.0% denied
Refinance 5 2% · 0.0% denied
Cash-out refinance 231 97% · 4.8% denied

By loan type

Conventional 117 49% · 2.6% denied
FHA 97 41% · 6.2% denied
VA 24 10% · 8.3% denied

Why it denied Virginia applicants

Credit history 4 36%
Unverifiable information 3 27%
Collateral 2 18%
Debt-to-income ratio 1 9%
Employment history 1 9%

Where in Virginia

Counties with the most Reliance First Capital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chesterfield County 14120 0.0%
Henrico County 13130 0.0%
Fairfax County 1291 8.3%
Prince William County 12100 0.0%
Richmond city 971 11.1%
Norfolk city 862 25.0%
Loudoun County 750 0.0%
Pittsylvania County 660 0.0%
Roanoke County 651 16.7%
Franklin County 520 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: 238 applications in 2025, of which 190 were originated and 11 denied.

4.6% of all applications, or 5.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Reliance First Capital originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Reliance First Capital'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