Belmont Savings 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%
42nd11.7% deniedProcesswithdrawn + incomplete share, weight 15%
51st11.3%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 338 | 257 | 12.7% | 13.7% | — | $41M |
| 2024 | 249 | 184 | 16.1% | 17.5% | — | $41M |
| 2025 | 327 | 247 | 10.4% | 11.7% | — | $46M |
What Belmont Savings 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, 6 manufactured homes, 62 investment properties.
Why Belmont Savings Bank denies applications
Primary reason reported for each of the 34 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Belmont Savings Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 42 | 29 | 16.2% |
| $50k – $100k | 106 | 81 | 13.7% |
| $100k – $150k | 78 | 56 | 14.7% |
| $150k – $250k | 51 | 41 | 4.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 23 | 17 | 5.6% |
| 25–34 | 60 | 49 | 10.9% |
| 35–44 | 81 | 60 | 10.1% |
| 45–54 | 57 | 42 | 17.0% |
| 55–64 | 36 | 25 | 12.9% |
| 65–74 | 28 | 18 | 18.2% |
Where Belmont Savings Bank lends
5 states and 20 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Ohio | 218 | 162 | 12.4% | — | #224 |
| West Virginia | 103 | 83 | 5.8% | — | #95 |
Frequently asked questions
Belmont Savings Bank denied 11.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 42nd percentile of small mortgage lenders.
The most common reason Belmont Savings Bank gave in 2025 was "credit history", cited on 47.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 66% of its applications were for home purchases, 20% for refinancing (including cash-out), and 14% 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.