Absolute Home Mortgage 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 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
72nd5.2% deniedPricingmedian rate spread over APOR, weight 30%
21st0.50 ptsProcesswithdrawn + incomplete share, weight 15%
13th28.1%Closing coststotal loan costs ÷ loan amount, weight 10%
30th2.84% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 4,775 | 3,141 | 4.4% | 6.3% | 6.75% | $1.0B |
| 2024 | 4,510 | 3,117 | 3.0% | 4.1% | 6.75% | $1.0B |
| 2025 | 4,352 | 2,965 | 3.7% | 5.2% | 6.63% | $1.0B |
What Absolute Home Mortgage 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, 5 manufactured homes, 276 investment properties.
Why Absolute Home Mortgage denies applications
Primary reason reported for each of the 162 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Absolute Home Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 237 | 141 | 13.5% |
| $50k – $100k | 1,555 | 1,063 | 6.1% |
| $100k – $150k | 1,171 | 803 | 5.5% |
| $150k – $250k | 912 | 645 | 2.7% |
| Over $250k | 384 | 259 | 1.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 206 | 125 | 5.3% |
| 25–34 | 1,351 | 958 | 5.0% |
| 35–44 | 1,235 | 819 | 5.7% |
| 45–54 | 787 | 547 | 4.4% |
| 55–64 | 547 | 367 | 4.9% |
| 65–74 | 179 | 118 | 7.8% |
| Over 74 | 47 | 31 | 3.1% |
Where Absolute Home Mortgage lends
26 states and 275 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 2,305 | 1,569 | 3.3% | 6.63% | #34 |
| Pennsylvania | 584 | 399 | 3.8% | 6.75% | #138 |
| Florida | 494 | 338 | 3.4% | 6.62% | #241 |
| New York | 414 | 298 | 6.3% | 6.93% | #150 |
| Ohio | 141 | 85 | 2.8% | 6.50% | #282 |
| Delaware | 109 | 75 | 4.6% | 6.63% | #80 |
| South Carolina | 67 | 49 | 3.0% | 6.99% | #305 |
| Maryland | 43 | 29 | 2.3% | 6.81% | #334 |
| North Carolina | 40 | 21 | 5.0% | 6.63% | #428 |
| Tennessee | 40 | 30 | 7.5% | 6.50% | #444 |
| Connecticut | 31 | 23 | 3.2% | 6.75% | #255 |
| Georgia | 27 | 16 | 3.7% | 6.75% | #532 |
| Texas | 15 | 9 | 0.0% | 6.75% | #901 |
| Virginia | 8 | 5 | 12.5% | 6.88% | #596 |
| West Virginia | 8 | 5 | 0.0% | 6.63% | #273 |
Frequently asked questions
Absolute Home Mortgage denied 5.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 72nd percentile of mid-size mortgage lenders.
The most common reason Absolute Home Mortgage gave in 2025 was "debt-to-income ratio", cited on 24.7% 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 Absolute Home Mortgage originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.50 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 85% of its applications were for home purchases, 15% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 61% conventional, 34% FHA, 3% 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.