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%
26th16.9% deniedPricingmedian rate spread over APOR, weight 30%
82nd-0.01 ptsProcesswithdrawn + incomplete share, weight 15%
9th26.6%Closing coststotal loan costs ÷ loan amount, weight 10%
77th1.22% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 163 | 97 | 14.7% | 19.8% | 6.50% | $22M |
| 2024 | 241 | 160 | 14.1% | 17.4% | 6.50% | $34M |
| 2025 | 218 | 133 | 12.4% | 16.9% | 6.50% | $28M |
What 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, 3 manufactured homes, 10 investment properties.
Why Bank denies applications
Primary reason reported for each of the 27 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 28 | 14 | 33.3% |
| $50k – $100k | 88 | 57 | 16.2% |
| $100k – $150k | 49 | 33 | 13.2% |
| $150k – $250k | 35 | 19 | 5.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 29 | 14 | 22.2% |
| 25–34 | 62 | 37 | 9.8% |
| 35–44 | 45 | 28 | 20.0% |
| 45–54 | 32 | 22 | 21.4% |
| 55–64 | 26 | 15 | 21.1% |
Where Bank lends
11 states and 6 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Bank denied 16.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 26th percentile of small mortgage lenders.
The most common reason Bank gave in 2025 was "debt-to-income ratio", cited on 40.7% 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 Bank originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was -0.01 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 76% of its applications were for home purchases, 24% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 99% conventional, 0% FHA, 1% 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.