Mortgage lender · Holland, NY · LEI 254900AU2FARCMPNA566

Bank of Holland review: approval odds, rates and grade (2025)

Bank of Holland earns a C, in line with the typical performance of small mortgage lenders. It turned down 22.7% of the applications it decided on in 2025, which ranks in the 15th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

126Applications2025
72.2%Originatedof applications
22.7%Decision denial ratenational 22.6%
Median ratenational 6.63%
$17MLoan volume1 states

Bank of Holland at a glance, 2025

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

21.4%Denial rate (all applications)+3.45 pts vs national
22.7%Denial rate (decided applications)+0.10 pts vs national
72.2%Origination rate+14.19 pts vs national
5.6%Withdrawn by applicant
0.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$115,000Median loan amount
Median total loan costs
$111kMedian applicant income
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%

15th22.7% denied

Processwithdrawn + incomplete share, weight 15%

77th5.6%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202315511714.8%16.1%$21M
202414010717.1%18.3%$23M
20251269121.4%22.7%$17M

What Bank of Holland 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 67 53% · 16.4% denied
Refinance 27 21% · 33.3% denied
Home improvement 13 10% · 23.1% denied
Other / HELOC 19 15% · 21.1% denied

By loan type

Conventional 126 100% · 21.4% denied

Also: 0 home-equity lines, 0 reverse mortgages, 33 manufactured homes, 9 investment properties.

Why Bank of Holland 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.

Debt-to-income ratio 15 56%
Credit history 5 19%
Other 5 19%
Collateral 2 7%

How these reasons compare nationally →

Who gets approved at Bank of Holland

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k362725.0%
$100k – $150k292417.2%
$150k – $250k271917.4%
Applicant ageApplicationsOriginatedDecision denial rate
25–34211615.8%
35–44291835.7%
45–54332327.3%
55–64241913.6%

Where Bank of Holland lends

1 states and 6 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
New York1269121.4%#248

Frequently asked questions

Bank of Holland denied 22.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 15th percentile of small mortgage lenders.

The most common reason Bank of Holland gave in 2025 was "debt-to-income ratio", cited on 55.6% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 53% of its applications were for home purchases, 21% for refinancing (including cash-out), and 25% 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.

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 Bank of Holland. Data sources · Methodology