Towne First Mortgage in Virginia vs the state
2.2%Denial rate-13.70 pts vs state
2.6%Decision denial rate-17.63 pts vs state
82.8%Origination rate+23.23 pts vs state
6.63%Median rate0.00 pts vs state
0.21Rate spread (pts)-0.01 pts vs state
$136kMedian applicant income
259Loans originated
7Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 397 | 326 | 3.3% | 6.75% | #120 |
| 2024 | 431 | 365 | 2.3% | 6.75% | #121 |
| 2025 | 313 | 259 | 2.2% | 6.63% | #157 |
What Towne First Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Towne First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hanover County | 87 | 69 | 1 | 1.1% |
| Henrico County | 49 | 41 | 0 | 0.0% |
| Chesterfield County | 33 | 27 | 0 | 0.0% |
| Louisa County | 18 | 16 | 2 | 11.1% |
| Goochland County | 17 | 9 | 1 | 5.9% |
| New Kent County | 16 | 13 | 0 | 0.0% |
| King William County | 14 | 14 | 0 | 0.0% |
| Fluvanna County | 13 | 11 | 0 | 0.0% |
| Richmond city | 13 | 11 | 0 | 0.0% |
| Albemarle County | 9 | 9 | 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: 313 applications in 2025, of which 259 were originated and 7 denied.
2.2% of all applications, or 2.6% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Towne First Mortgage originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Towne 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