Mortgage lender · Austin, TX · LEI 5493001SBOA8GKVW1N27

Aaxy review: approval odds, rates and grade (2025)

Aaxy earns an A, placing it in the top fifth of small mortgage lenders. It turned down 0.0% of the applications it decided on in 2025, which ranks in the 97th percentile for approval odds. Its median loan was priced 0.37 points below the average prime offer rate, ranking in the 95th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

221Applications2025
94.6%Originatedof applications
0.0%Decision denial ratenational 22.6%
6.13%Median ratenational 6.63%
$82MLoan volume3 states

Aaxy at a glance, 2025

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

0.0%Denial rate (all applications)-17.98 pts vs national
0.0%Denial rate (decided applications)-22.59 pts vs national
94.6%Origination rate+36.54 pts vs national
5.4%Withdrawn by applicant
0.0%Closed for incompleteness
6.13%Median interest rate-0.50 pts vs national
-0.37Median rate spread (pts over APOR)-0.62 pts vs national
$345,000Median loan amount
$4,920Median total loan costs
$212kMedian applicant income
75%Median loan-to-value
0High-cost (HOEPA) loans

How the A 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% denied

Pricingmedian rate spread over APOR, weight 30%

95th-0.37 pts

Processwithdrawn + incomplete share, weight 15%

77th5.4%

Closing coststotal loan costs ÷ loan amount, weight 10%

69th1.43% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231691500.6%0.7%6.13%$57M
20243313071.5%1.6%6.38%$121M
20252212090.0%0.0%6.13%$82M

What Aaxy 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 123 56% · 0.0% denied
Refinance 81 37% · 0.0% denied
Cash-out refinance 17 8% · 0.0% denied

By loan type

Conventional 221 100% · 0.0% denied

Also: 1 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 97 investment properties.

Who gets approved at Aaxy

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

Applicant incomeApplicationsOriginatedDecision denial rate
$100k – $150k30290.0%
$150k – $250k1081020.0%
Over $250k72690.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–3435320.0%
35–441141070.0%
45–5458560.0%

Where Aaxy lends

3 states and 29 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas2172050.0%6.13%#402

Frequently asked questions

Aaxy 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 Aaxy originated in 2025 was 6.13%, and its median rate spread over the average prime offer rate was -0.37 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 56% of its applications were for home purchases, 44% 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 Aaxy. Data sources · Methodology