Mortgage lender · Roseville, CA · LEI 549300KIOYNU323LVJ37

American Pacific Mortgage review: approval odds, rates and grade (2025)

American Pacific Mortgage earns a C, in line with the typical performance of large mortgage lenders. It turned down 10.3% of the applications it decided on in 2025, which ranks in the 68th percentile for approval odds. Its median loan was priced 0.48 points above the average prime offer rate, ranking in the 26th percentile on pricing. Compared against 101 large mortgage lenders using 2025 HMDA filings.

34kApplications2025
72.4%Originatedof applications
10.3%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$8.7BLoan volume50 states

American Pacific Mortgage at a glance, 2025

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

8.3%Denial rate (all applications)-9.68 pts vs national
10.3%Denial rate (decided applications)-12.32 pts vs national
72.4%Origination rate+14.34 pts vs national
18.6%Withdrawn by applicant
0.6%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.48Median rate spread (pts over APOR)+0.22 pts vs national
$305,000Median loan amount
$8,669Median total loan costs
$107kMedian applicant income
92%Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 101 large mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

68th10.3% denied

Pricingmedian rate spread over APOR, weight 30%

26th0.48 pts

Processwithdrawn + incomplete share, weight 15%

49th19.2%

Closing coststotal loan costs ÷ loan amount, weight 10%

33rd2.84% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202331,17221,7766.8%8.8%6.75%$7.8B
202428,57720,5717.4%9.3%6.75%$7.3B
202534,24324,7838.3%10.3%6.63%$8.7B

What American Pacific 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

Home purchase 27,698 81% · 6.4% denied
Refinance 3,040 9% · 14.2% denied
Cash-out refinance 3,505 10% · 18.0% denied

By loan type

Conventional 20,945 61% · 7.7% denied
FHA 9,926 29% · 10.6% denied
VA 2,845 8% · 5.1% denied
USDA / RHS 527 2% · 6.5% denied

Also: 0 home-equity lines, 10 reverse mortgages, 1,813 manufactured homes, 2,511 investment properties.

Why American Pacific Mortgage denies applications

Primary reason reported for each of the 2,843 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Incomplete application 814 29%
Debt-to-income ratio 750 26%
Collateral 470 17%
Credit history 314 11%
Unverifiable information 234 8%
Insufficient cash 117 4%
Other 87 3%
Employment history 57 2%

How these reasons compare nationally →

Who gets approved at American Pacific Mortgage

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k1,9941,29218.3%
$50k – $100k12,5389,19610.5%
$100k – $150k8,8336,6598.3%
$150k – $250k6,1634,5517.3%
Over $250k3,1122,1899.6%
Applicant ageApplicationsOriginatedDecision denial rate
Under 252,2471,7477.0%
25–349,7377,4078.0%
35–448,5096,08611.5%
45–546,2754,41311.5%
55–644,4033,02112.4%
65–742,2231,55010.8%
Over 7483455113.2%

Where American Pacific Mortgage lends

50 states and 1,615 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California4,9943,5547.8%6.63%#40
Illinois3,2092,4026.9%6.75%#28
Texas2,7021,9478.4%6.50%#76
Florida2,5301,75112.3%6.63%#80
Washington2,4801,9115.9%6.63%#28
Arizona2,2541,5629.2%6.63%#34
Georgia1,9841,4058.9%6.50%#51
Ohio1,22385410.3%6.88%#73
Tennessee1,1448556.1%6.63%#56
Oregon1,1118605.0%6.63%#39
Wisconsin9987417.6%6.63%#50
Idaho9047034.4%6.50%#20
Missouri8786576.4%6.63%#60
Michigan7785908.2%6.63%#93
Indiana7295367.4%6.88%#86
South Carolina70346810.1%6.75%#79
Utah6294457.8%6.50%#49
Nevada4423125.9%6.50%#61
Iowa42831712.9%6.75%#55
Maryland37927511.9%6.75%#113
Pennsylvania3652828.5%6.75%#208
Minnesota35426110.2%6.75%#100
Virginia32622911.7%6.75%#150
New Mexico31820412.9%6.63%#61
North Carolina2912077.9%6.63%#198
Alabama26816413.1%6.38%#133
Colorado2031536.9%6.63%#183
Wyoming1911427.3%6.50%#33
Oklahoma17411010.9%6.75%#139
West Virginia1611235.6%6.63%#72
Delaware1441019.7%6.63%#65
Louisiana1381068.7%6.75%#146
Arkansas111806.3%6.13%#143
Kentucky1047214.4%6.93%#203
South Dakota102795.9%6.50%#54
Kansas100719.0%6.75%#170
Massachusetts704118.6%6.63%#286
Montana705114.3%6.88%#77
Hawaii643517.2%6.75%#79
New Hampshire342317.7%6.50%#152
Mississippi32196.3%7.13%#202
New Jersey302016.7%6.56%#401
Nebraska27223.7%6.69%#183
Connecticut17829.4%6.31%#320
Maine1180.0%6.62%#212
Rhode Island11818.2%6.56%#185
North Dakota1090.0%6.50%#124
District of Columbia8337.5%6.63%#210
Alaska630.0%6.99%#127

Frequently asked questions

American Pacific Mortgage denied 10.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 68th percentile of large mortgage lenders.

The most common reason American Pacific Mortgage gave in 2025 was "incomplete application", cited on 28.6% 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 American Pacific Mortgage originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.48 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 81% of its applications were for home purchases, 19% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 61% conventional, 29% FHA, 8% 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 American Pacific Mortgage. Data sources · Methodology