Lenders › 1st Advantage Federal Credit U › Virginia
1st Advantage Federal Credit U in Virginia
HMDA record for properties in Virginia, calendar year 2024. National record · Virginia overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Virginia, 1st Advantage Federal Credit U reported 898 applications and 592 originations for 2024, $86m in all.
Its denial rate in the state was 23.1%, close to the Virginia rate of 22.1% across all lenders and compared with the lender's national rate of 23.4%.
The median rate spread on its Virginia originations was -0.1 percentage points (state median 0.3).
Applications in the state were up 6% on 2023.
Compared with the state and the lender's national record
| Measure | In Virginia | Virginia, all lenders | 1st Advantage Federal Credit U, all states | United States |
|---|---|---|---|---|
| Denial rate | 23.1% | 22.1% | 23.4% | 24.3% |
| Median rate spread, pp | -0.1 | 0.3 | -0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 16.9% | 16.5% | 16.5% | 15.6% |
| Average originated loan | $145k | $352k | $147k | $329k |
| Home purchase share | 5.6% | 55.8% | 5.9% | 57.0% |
| FHA-insured share | 0.0% | 11.7% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 16.4% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateVirginia, all lenders
Loan purpose and loan type in Virginia
By purpose
Home purchase 6% (33)Home improvement 43% (254)Refinancing 11% (64)Cash-out refinancing 1% (6)Other purpose 40% (235)
By type
Conventional 100% (592)
Denial reasons as coded
Share of 192 denials in Virginia by first denial reason coded (outlined bar: all lenders in the state).
Counties in Virginia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Newport News city | 180 | 115 | $11m | 23.4% |
| James City County | 138 | 104 | $15m | 13.4% |
| York County | 106 | 82 | $12m | 11.8% |
| Gloucester County | 90 | 52 | $4.9m | 31.7% |
| Hampton city | 84 | 41 | $3.5m | 40.3% |
| Virginia Beach city | 44 | 31 | $5.3m | 18.4% |
| Norfolk city | 25 | 14 | $9.6m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did 1st Advantage Federal Credit U originate in Virginia in 2024?
592 loans totalling $86m, from 898 applications reported for properties in Virginia.
What is 1st Advantage Federal Credit U's denial rate in Virginia?
23.1% of decided applications in Virginia were denied, against 22.1% for all lenders in the state and 23.4% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Virginia counties does 1st Advantage Federal Credit U lend in most?
By originations: Newport News city (115), James City County (104), York County (82), Gloucester County (52), Hampton city (41).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Virginia. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.