Mortgage lender · Austin, TX · LEI 549300T7QCXC3PXO0W07

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

Amplify earns a C, in line with the typical performance of small mortgage lenders. It turned down 11.1% of the applications it decided on in 2025, which ranks in the 45th percentile for approval odds. Its median loan was priced 0.45 points above the average prime offer rate, ranking in the 32nd percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

770Applications2025
71.0%Originatedof applications
11.1%Decision denial ratenational 22.6%
7.50%Median ratenational 6.63%
$149MLoan volume1 states

Amplify at a glance, 2025

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

9.0%Denial rate (all applications)-9.02 pts vs national
11.1%Denial rate (decided applications)-11.51 pts vs national
71.0%Origination rate+13.01 pts vs national
16.5%Withdrawn by applicant
2.6%Closed for incompleteness
7.50%Median interest rate+0.88 pts vs national
0.45Median rate spread (pts over APOR)+0.20 pts vs national
$205,000Median loan amount
$661Median total loan costs
$178kMedian applicant income
61%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%

45th11.1% denied

Pricingmedian rate spread over APOR, weight 30%

32nd0.45 pts

Processwithdrawn + incomplete share, weight 15%

22nd19.1%

Closing coststotal loan costs ÷ loan amount, weight 10%

97th0.32% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202382250616.8%21.0%7.75%$97M
20245714309.3%10.9%8.25%$98M
20257705479.0%11.1%7.50%$149M

What Amplify 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 141 18% · 1.4% denied
Refinance 56 7% · 3.6% denied
Cash-out refinance 97 13% · 15.5% denied
Home improvement 300 39% · 7.3% denied
Other / HELOC 176 23% · 15.9% denied

By loan type

Conventional 755 98% · 9.0% denied
FHA 14 2% · 7.1% denied
VA 1 0% · 0.0% denied

Also: 298 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 22 investment properties.

Why Amplify denies applications

Primary reason reported for each of the 69 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 27 39%
Debt-to-income ratio 24 35%
Credit history 15 22%
Unverifiable information 3 4%

How these reasons compare nationally →

Who gets approved at Amplify

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k22947.1%
$50k – $100k1167421.9%
$100k – $150k16110811.8%
$150k – $250k2321708.0%
Over $250k2371854.6%
Applicant ageApplicationsOriginatedDecision denial rate
25–3466489.4%
35–441991349.3%
45–5426519411.7%
55–641319412.8%
65–7475589.2%
Over 74301719.1%

Where Amplify lends

1 states and 60 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas7705479.0%7.50%#196

Frequently asked questions

Amplify denied 11.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 45th percentile of small mortgage lenders.

The most common reason Amplify gave in 2025 was "collateral", cited on 39.1% 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 Amplify originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.45 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 18% of its applications were for home purchases, 20% for refinancing (including cash-out), and 62% for home improvement or other purposes. By loan type: 98% conventional, 2% 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 Amplify. Data sources · Methodology