3rd Street Financial at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
97th0.0% deniedPricingmedian rate spread over APOR, weight 30%
55th0.23 ptsProcesswithdrawn + incomplete share, weight 15%
2nd38.5%Closing coststotal loan costs ÷ loan amount, weight 10%
37th2.25% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 188 | 138 | 0.0% | 0.0% | 6.88% | $39M |
| 2024 | 298 | 173 | 0.0% | 0.0% | 6.63% | $53M |
| 2025 | 301 | 185 | 0.0% | 0.0% | 6.50% | $55M |
What 3rd Street Financial lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 12 investment properties.
Who gets approved at 3rd Street Financial
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 28 | 15 | 0.0% |
| $50k – $100k | 122 | 76 | 0.0% |
| $100k – $150k | 63 | 39 | 0.0% |
| $150k – $250k | 64 | 40 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 21 | 14 | 0.0% |
| 25–34 | 94 | 64 | 0.0% |
| 35–44 | 99 | 59 | 0.0% |
| 45–54 | 42 | 26 | 0.0% |
| 55–64 | 30 | 15 | 0.0% |
Where 3rd Street Financial lends
7 states and 41 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
3rd Street Financial denied 0.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 97th percentile of small mortgage lenders.
The median interest rate on loans 3rd Street Financial originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.23 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 97% of its applications were for home purchases, 2% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 63% conventional, 28% FHA, 7% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.