Archer Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
84th3.0% deniedPricingmedian rate spread over APOR, weight 30%
50th0.27 ptsProcesswithdrawn + incomplete share, weight 15%
44th12.9%Closing coststotal loan costs ÷ loan amount, weight 10%
14th3.35% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 111 | 76 | 6.3% | 7.7% | 6.44% | $18M |
| 2024 | 232 | 182 | 2.6% | 3.0% | 6.13% | $59M |
| 2025 | 419 | 326 | 2.6% | 3.0% | 6.50% | $112M |
What Archer 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, 1 manufactured homes, 9 investment properties.
Why Archer Mortgage denies applications
Primary reason reported for each of the 11 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Archer Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 215 | 165 | 3.3% |
| $100k – $150k | 106 | 87 | 2.1% |
| $150k – $250k | 57 | 41 | 4.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 51 | 38 | 0.0% |
| 25–34 | 143 | 113 | 1.7% |
| 35–44 | 113 | 89 | 3.1% |
| 45–54 | 65 | 50 | 6.8% |
| 55–64 | 34 | 26 | 3.1% |
Where Archer Mortgage lends
5 states and 46 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Virginia | 329 | 283 | 2.1% | 6.50% | #149 |
| Florida | 19 | 15 | 0.0% | 6.50% | #770 |
| North Carolina | 13 | 13 | 0.0% | 6.50% | #583 |
Frequently asked questions
Archer Mortgage denied 3.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 84th percentile of small mortgage lenders.
The most common reason Archer Mortgage gave in 2025 was "debt-to-income ratio", cited on 54.5% 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 Archer Mortgage originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.27 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 95% of its applications were for home purchases, 5% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 18% conventional, 32% FHA, 51% 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.