Bank Five Nine at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
75th4.8% deniedPricingmedian rate spread over APOR, weight 30%
66th0.17 ptsProcesswithdrawn + incomplete share, weight 15%
77th11.3%Closing coststotal loan costs ÷ loan amount, weight 10%
87th1.24% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,035 | 842 | 3.8% | 4.1% | 6.75% | $255M |
| 2024 | 1,507 | 1,197 | 3.3% | 3.7% | 6.75% | $364M |
| 2025 | 1,679 | 1,312 | 4.2% | 4.8% | 6.50% | $440M |
What Bank Five Nine 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, 4 manufactured homes, 128 investment properties.
Why Bank Five Nine denies applications
Primary reason reported for each of the 71 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Bank Five Nine
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 106 | 75 | 10.3% |
| $50k – $100k | 559 | 454 | 2.0% |
| $100k – $150k | 425 | 348 | 1.8% |
| $150k – $250k | 335 | 266 | 0.3% |
| Over $250k | 177 | 146 | 0.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 83 | 65 | 12.8% |
| 25–34 | 517 | 419 | 2.8% |
| 35–44 | 375 | 298 | 2.7% |
| 45–54 | 304 | 232 | 6.3% |
| 55–64 | 226 | 173 | 4.5% |
| 65–74 | 115 | 90 | 5.0% |
| Over 74 | 32 | 23 | 4.0% |
Where Bank Five Nine lends
25 states and 118 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Bank Five Nine denied 4.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 75th percentile of mid-size mortgage lenders.
The most common reason Bank Five Nine gave in 2025 was "other", cited on 36.6% 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 Five Nine originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.17 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 72% of its applications were for home purchases, 28% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 89% conventional, 7% FHA, 4% 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.