Mortgage lender · San Diego, CA · LEI 549300NLJI4QKZ3D0G94

5th Street Capital review: approval odds, rates and grade (2025)

5th Street Capital earns a B, better than most small mortgage lenders. It turned down 2.6% of the applications it decided on in 2025, which ranks in the 86th percentile for approval odds. Its median loan was priced 1.11 points above the average prime offer rate, ranking in the 10th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

334Applications2025
61.1%Originatedof applications
2.6%Decision denial ratenational 22.6%
7.38%Median ratenational 6.63%
$165MLoan volume22 states

5th Street Capital at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

2.4%Denial rate (all applications)-15.58 pts vs national
2.6%Denial rate (decided applications)-20.04 pts vs national
61.1%Origination rate+3.05 pts vs national
6.0%Withdrawn by applicant
0.0%Closed for incompleteness
7.38%Median interest rate+0.75 pts vs national
1.11Median rate spread (pts over APOR)+0.85 pts vs national
$625,000Median loan amount
$15,979Median total loan costs
$279kMedian applicant income
75%Median loan-to-value
0High-cost (HOEPA) loans

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%

86th2.6% denied

Pricingmedian rate spread over APOR, weight 30%

10th1.11 pts

Processwithdrawn + incomplete share, weight 15%

75th6.0%

Closing coststotal loan costs ÷ loan amount, weight 10%

28th2.56% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232361215.9%6.7%8.50%$114M
20244332505.5%6.0%7.63%$184M
20253342042.4%2.6%7.38%$165M

What 5th Street Capital 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

Home purchase 236 71% · 2.5% denied
Refinance 31 9% · 0.0% denied
Cash-out refinance 67 20% · 3.0% denied

By loan type

Conventional 334 100% · 2.4% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 73 investment properties.

Why 5th Street Capital denies applications

Primary reason reported for each of the 8 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 2 25%
Credit history 2 25%
Incomplete application 1 13%
Other 1 13%
Employment history 1 13%
Unverifiable information 1 13%

How these reasons compare nationally →

Who gets approved at 5th Street Capital

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k20115.0%
$100k – $150k47332.3%
$150k – $250k63433.3%
Over $250k163962.6%
Applicant ageApplicationsOriginatedDecision denial rate
25–3452412.0%
35–44135843.1%
45–5468353.3%
55–6452270.0%
65–7420105.6%

Where 5th Street Capital lends

22 states and 104 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California2121261.9%7.38%#358
Florida24130.0%7.75%#733
Texas22114.6%7.63%#855
Colorado1490.0%7.38%#466
Arizona1090.0%7.50%#508
Nevada9611.1%7.56%#318
Washington860.0%7.31%#486
Oregon650.0%7.63%#419

Frequently asked questions

5th Street Capital denied 2.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 86th percentile of small mortgage lenders.

The most common reason 5th Street Capital gave in 2025 was "collateral", cited on 25.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans 5th Street Capital originated in 2025 was 7.38%, and its median rate spread over the average prime offer rate was 1.11 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 71% of its applications were for home purchases, 29% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with 5th Street Capital. Data sources · Methodology