Abacus Federal Savings Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C 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%
37th13.0% deniedProcesswithdrawn + incomplete share, weight 15%
44th12.9%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 136 | 96 | 6.6% | 7.2% | — | $39M |
| 2024 | 143 | 108 | 6.3% | 6.8% | — | $44M |
| 2025 | 124 | 82 | 11.3% | 13.0% | — | $35M |
What Abacus Federal Savings Bank 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, 0 manufactured homes, 24 investment properties.
Why Abacus Federal Savings Bank denies applications
Primary reason reported for each of the 14 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Abacus Federal Savings Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 55 | 40 | 15.1% |
| $100k – $150k | 27 | 23 | 3.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 35 | 25 | 16.1% |
| 35–44 | 47 | 35 | 7.1% |
| 45–54 | 24 | 13 | 14.3% |
Where Abacus Federal Savings Bank lends
4 states and 15 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New York | 110 | 75 | 10.0% | — | #256 |
| Pennsylvania | 8 | 5 | 25.0% | — | #719 |
| New Jersey | 5 | 2 | 20.0% | — | #616 |
Frequently asked questions
Abacus Federal Savings Bank denied 13.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 37th percentile of small mortgage lenders.
The most common reason Abacus Federal Savings Bank gave in 2025 was "other", cited on 42.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 77% of its applications were for home purchases, 23% 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.