Mortgage lender · Whittier, · LEI 549300Q4JBLTKDC7J303

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

Bank of Whittier earns a D, weaker than most small mortgage lenders. It turned down 33.3% of the applications it decided on in 2025, which ranks in the 6th percentile for approval odds. Its median loan was priced 0.17 points above the average prime offer rate, ranking in the 63rd percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

183Applications2025
40.4%Originatedof applications
33.3%Decision denial ratenational 22.6%
6.58%Median ratenational 6.63%
$30MLoan volume34 states

Bank of Whittier at a glance, 2025

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

20.2%Denial rate (all applications)+2.24 pts vs national
33.3%Denial rate (decided applications)+10.74 pts vs national
40.4%Origination rate-17.59 pts vs national
32.2%Withdrawn by applicant
7.1%Closed for incompleteness
6.58%Median interest rate-0.05 pts vs national
0.17Median rate spread (pts over APOR)-0.08 pts vs national
$345,000Median loan amount
$6,106Median total loan costs
$179kMedian applicant income
74%Median loan-to-value
0High-cost (HOEPA) loans

How the D 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%

6th33.3% denied

Pricingmedian rate spread over APOR, weight 30%

63rd0.17 pts

Processwithdrawn + incomplete share, weight 15%

2nd39.3%

Closing coststotal loan costs ÷ loan amount, weight 10%

56th1.77% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231838512.6%21.3%6.88%$36M
20242119721.3%31.7%6.63%$37M
20251837420.2%33.3%6.58%$30M

What Bank of Whittier 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 120 66% · 12.5% denied
Refinance 12 7% · 16.7% denied
Cash-out refinance 51 28% · 39.2% denied

By loan type

Conventional 183 100% · 20.2% denied

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

Why Bank of Whittier denies applications

Primary reason reported for each of the 37 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 22 59%
Credit history 11 30%
Employment history 2 5%
Other 1 3%
Collateral 1 3%

How these reasons compare nationally →

Who gets approved at Bank of Whittier

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k23736.4%
$100k – $150k331240.0%
$150k – $250k672833.3%
Over $250k562720.6%
Applicant ageApplicationsOriginatedDecision denial rate
25–34301126.7%
35–44552122.2%
45–54642931.0%
55–6425857.9%

Where Bank of Whittier lends

34 states and 79 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas662727.3%6.38%#647
California16712.5%6.50%#668
New Mexico11718.2%6.63%#247
New York11536.4%6.35%#460
Louisiana720.0%6.24%#406
Ohio7328.6%6.88%#657
Pennsylvania6316.7%6.88%#761
Arizona520.0%6.59%#603

Frequently asked questions

Bank of Whittier denied 33.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 6th percentile of small mortgage lenders.

The most common reason Bank of Whittier gave in 2025 was "debt-to-income ratio", cited on 59.5% 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 Bank of Whittier originated in 2025 was 6.58%, 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, 66% of its applications were for home purchases, 34% for refinancing (including cash-out), and 0% 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 Whittier. Data sources · Methodology