The First National Bank of Peterstown · Virginia · 2025

The First National Bank of Peterstown in Virginia: approval rate, denial rate and rates (2025)

The First National Bank of Peterstown took 13 mortgage applications in Virginia in 2025, ranking #540 of 1,013 lenders active in the state. It originated 61.5% of them and denied 23.1% (27.3% of the applications it decided), against a statewide denial rate of 15.9%.

13Applicationsin VA
27.3%Decision denial ratestate 20.3%
Median ratestate 6.63%
$115,000Median loanstate $255,000
$1.1MVolume1 counties

The First National Bank of Peterstown in Virginia vs the state

23.1%Denial rate+7.14 pts vs state
27.3%Decision denial rate+7.02 pts vs state
61.5%Origination rate+2.02 pts vs state
Median rate
Rate spread (pts)
$56kMedian applicant income
8Loans originated
3Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239533.3%#578
20246516.7%#634
202513823.1%#540

What The First National Bank of Peterstown lends in Virginia

By loan purpose

Home purchase 4 31% · 25.0% denied
Refinance 2 15% · 0.0% denied
Cash-out refinance 3 23% · 33.3% denied
Home improvement 2 15% · 0.0% denied
Other / HELOC 2 15% · 50.0% denied

By loan type

Conventional 13 100% · 23.1% denied

Why it denied Virginia applicants

Credit history 2 67%
Collateral 1 33%

Where in Virginia

Counties with the most The First National Bank of Peterstown applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Giles County 1383 23.1%

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: 13 applications in 2025, of which 8 were originated and 3 denied.

23.1% of all applications, or 27.3% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The First National Bank of Peterstown'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