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The #1 Site to Grade Mortgage Lenders. No Paid Rankings, Sponsors, or Spin

Real approval odds, real rates and every denial reason, for 185 lenders, from their own federal filings.

Find Your Lender's Grade How grading works

Every Major Mortgage Lender, Graded*

A Fairway Independent Mortgage A Pennymac Loan Services B Union Home Mortgage C Kind Lending B First National Bank of Pennsylvania B Boeing Employees Credit Union F Carrington Mortgage Services B Sierra Pacific Mortgage Company

*Grades are computed from each lender's Home Mortgage Disclosure Act filing for 2024. No lender is involved in, or can pay for, its grade.

Featuring 642k Mortgage Applications Analyzed

The highest-graded lenders with at least 1,000 originations in 2024.

2024 filingTop 1

Jersey Shore State Bank

5.1% denied 6.35% median rate 1.7k applications
A Grade A · United States
2024 filingTop 2

Mattamy Home Funding

8.6% denied 5.99% median rate 3.0k applications
A Grade A · United States
2024 filingTop 3

MidWestOne Bank

20.0% denied 6.99% median rate 1.8k applications
A Grade A · United States
2024 filingTop 4

Residential Mortgage

5.8% denied 6.38% median rate 2.4k applications
A Grade A · United States
2024 filingTop 5

Fairway Independent Mortgage

6.0% denied 6.75% median rate 100k applications
A Grade A · United States
2024 filingTop 6

V.i.p. Mortgage

2.9% denied 6.63% median rate 8.9k applications
A Grade A · United States
See All Top-Rated Lenders

What the Data Says

17.8%denied
641,679 ApplicationsActed on by U.S. lenders in 2024

"The most common reason for a denial was incomplete application, cited on 31.4% of denials."

— Why mortgages get denied

"Among large lenders, V.i.p. Mortgage said no least often: 2.9% of decided applications."

— Best approval odds

"Fairway Independent Mortgage originated $24B in 2024, the most of any lender, with a denial rate of 4.8%."

— Largest lenders

How MortgageGrades is Different

  • Real approval odds, not marketingThe share of applications each lender actually approved, with withdrawals stripped out so the figure reflects the lender, not the applicant.
  • Rates borrowers really receivedMedian interest rate and spread over the prime offer rate on loans that closed, straight from the lender's own filing. No teaser rates.
  • Every denial reason, countedFederal law requires a reason on every denial. See which lenders say no for credit, for debt-to-income, for collateral, and how often.
  • No lender can buy a gradeNo featured placement, no sponsored ranking, no paid badge. The full method is public and reproducible.
See the Methodology

Built On*

CFPBHome Mortgage Disclosure Act FFIECHMDA data browser GLEIFLegal Entity Identifiers U.S. CensusCounty geography

*Public federal data sources. No agency endorses or reviews the grades on this site.

Featuring 185 Lenders Across 582 Counties

Best Approval Odds Lowest Real Rates Top FHA Lenders Top VA Lenders
Alabama Alaska Arizona Arkansas California Colorado Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Washington West Virginia Wisconsin Wyoming

Every Lender in America Is Required to Report. We Read the Filing So You Don't Have To.

641,679 applications, 185 lenders, one grade each. Compare any two side by side before you apply.

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