Apex 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%
19th20.3% deniedProcesswithdrawn + incomplete share, weight 15%
72nd6.8%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 217 | 166 | 8.8% | 10.0% | — | $24M |
| 2024 | 195 | 135 | 11.3% | 13.7% | — | $20M |
| 2025 | 132 | 96 | 18.9% | 20.3% | — | $16M |
What Apex 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, 37 manufactured homes, 32 investment properties.
Who gets approved at Apex Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 38 | 24 | 33.3% |
| $50k – $100k | 51 | 33 | 23.9% |
| $100k – $150k | 21 | 19 | 5.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 39 | 28 | 19.4% |
| 45–54 | 39 | 31 | 15.8% |
| 55–64 | 22 | 15 | 28.6% |
Where Apex Bank lends
3 states and 29 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Tennessee | 130 | 95 | 18.5% | — | #280 |
Frequently asked questions
Apex Bank denied 20.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 19th percentile of small mortgage lenders.
In 2025, 36% of its applications were for home purchases, 47% for refinancing (including cash-out), and 17% 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.