Bank of Hope 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 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%
54th9.1% deniedPricingmedian rate spread over APOR, weight 30%
22nd0.49 ptsProcesswithdrawn + incomplete share, weight 15%
64th14.1%Closing coststotal loan costs ÷ loan amount, weight 10%
80th1.51% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 355 | 206 | 7.6% | 9.8% | 6.75% | $153M |
| 2024 | 972 | 595 | 4.8% | 6.4% | 6.88% | $382M |
| 2025 | 1,299 | 889 | 7.9% | 9.1% | 6.13% | $592M |
What Bank of Hope 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: 9 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 335 investment properties.
Why Bank of Hope denies applications
Primary reason reported for each of the 102 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Bank of Hope
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 74 | 51 | 18.8% |
| $100k – $150k | 278 | 221 | 4.3% |
| $150k – $250k | 332 | 233 | 7.6% |
| Over $250k | 431 | 284 | 7.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 20 | 14 | 21.1% |
| 25–34 | 206 | 150 | 10.6% |
| 35–44 | 418 | 324 | 5.8% |
| 45–54 | 303 | 206 | 7.5% |
| 55–64 | 222 | 118 | 13.5% |
| 65–74 | 77 | 43 | 14.0% |
| Over 74 | 30 | 11 | 31.6% |
Where Bank of Hope lends
26 states and 138 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New York | 646 | 498 | 4.5% | 6.13% | #117 |
| California | 208 | 111 | 11.1% | 6.25% | #359 |
| New Jersey | 111 | 71 | 9.0% | 6.13% | #256 |
| Hawaii | 92 | 56 | 19.6% | 6.13% | #64 |
| Washington | 35 | 18 | 11.4% | 6.25% | #328 |
| Georgia | 22 | 16 | 0.0% | 6.25% | #561 |
| Texas | 22 | 13 | 4.6% | 6.25% | #845 |
| Connecticut | 19 | 14 | 10.5% | 6.13% | #309 |
| Pennsylvania | 17 | 14 | 0.0% | 6.38% | #619 |
| Ohio | 15 | 13 | 13.3% | 6.13% | #564 |
| Illinois | 14 | 9 | 0.0% | 6.31% | #637 |
| Florida | 13 | 7 | 15.4% | 6.13% | #846 |
| Virginia | 13 | 8 | 7.7% | 6.06% | #542 |
| North Carolina | 11 | 9 | 18.2% | 6.13% | #610 |
| Maryland | 9 | 7 | 11.1% | 6.13% | #492 |
| Massachusetts | 6 | 6 | 0.0% | 6.13% | #494 |
| Tennessee | 6 | 6 | 0.0% | — | #723 |
| Alabama | 5 | 3 | 0.0% | 6.50% | #591 |
Frequently asked questions
Bank of Hope denied 9.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 54th percentile of mid-size mortgage lenders.
The most common reason Bank of Hope gave in 2025 was "other", cited on 42.2% 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 of Hope originated in 2025 was 6.13%, and its median rate spread over the average prime offer rate was 0.49 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 70% of its applications were for home purchases, 20% for refinancing (including cash-out), and 10% 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.