Mortgage lender · Texas City, TX · LEI 254900TIRELTI8ENRL83

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

Amoco earns a C, in line with the typical performance of small mortgage lenders. It turned down 26.0% of the applications it decided on in 2025, which ranks in the 11th percentile for approval odds. Its median loan was priced 0.15 points below the average prime offer rate, ranking in the 90th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

596Applications2025
61.7%Originatedof applications
26.0%Decision denial ratenational 22.6%
6.38%Median ratenational 6.63%
$90MLoan volume1 states

Amoco at a glance, 2025

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

25.8%Denial rate (all applications)+7.86 pts vs national
26.0%Denial rate (decided applications)+3.42 pts vs national
61.7%Origination rate+3.71 pts vs national
0.5%Withdrawn by applicant
0.2%Closed for incompleteness
6.38%Median interest rate-0.25 pts vs national
-0.15Median rate spread (pts over APOR)-0.41 pts vs national
$185,000Median loan amount
$4,866Median total loan costs
$120kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

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%

11th26.0% denied

Pricingmedian rate spread over APOR, weight 30%

90th-0.15 pts

Processwithdrawn + incomplete share, weight 15%

94th0.7%

Closing coststotal loan costs ÷ loan amount, weight 10%

27th2.63% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202385156820.2%21.1%6.13%$123M
202475342924.0%24.9%6.38%$98M
202559636825.8%26.0%6.38%$90M

What Amoco 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 252 42% · 8.7% denied
Refinance 42 7% · 42.9% denied
Cash-out refinance 155 26% · 34.8% denied
Home improvement 41 7% · 19.5% denied
Other / HELOC 106 18% · 49.1% denied

By loan type

Conventional 596 100% · 25.8% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 30 investment properties.

Why Amoco denies applications

Primary reason reported for each of the 154 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 70 45%
Debt-to-income ratio 69 45%
Other 8 5%
Collateral 6 4%
Mortgage insurance denied 1 1%

How these reasons compare nationally →

Who gets approved at Amoco

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k481660.4%
$50k – $100k17410031.4%
$100k – $150k15510019.4%
$150k – $250k15510621.4%
Over $250k574012.5%
Applicant ageApplicationsOriginatedDecision denial rate
25–341108513.6%
35–441478029.5%
45–541538932.5%
55–64936120.7%
65–74613431.2%

Where Amoco lends

1 states and 7 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas59636825.8%6.38%#234

Frequently asked questions

Amoco denied 26.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 11th percentile of small mortgage lenders.

The most common reason Amoco gave in 2025 was "credit history", cited on 45.5% 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 Amoco originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was -0.15 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 42% of its applications were for home purchases, 33% for refinancing (including cash-out), and 25% 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 Amoco. Data sources · Methodology