Mortgage lender · San Antonio, TX · LEI RA4FKR1AA05ZK88M8034

Broadway National Bank review: approval odds, rates and grade (2025)

Broadway National Bank earns an F, in the bottom tier of small mortgage lenders. It turned down 29.7% of the applications it decided on in 2025, which ranks in the 8th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

682Applications2025
49.4%Originatedof applications
29.7%Decision denial ratenational 22.6%
Median ratenational 6.63%
$191MLoan volume16 states

Broadway National Bank at a glance, 2025

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

21.3%Denial rate (all applications)+3.28 pts vs national
29.7%Denial rate (decided applications)+7.12 pts vs national
49.4%Origination rate-8.62 pts vs national
18.3%Withdrawn by applicant
10.1%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$200,000Median loan amount
Median total loan costs
$140kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the F 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%

8th29.7% denied

Processwithdrawn + incomplete share, weight 15%

7th28.5%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202387948222.8%28.8%$281M
202476637526.4%34.8%$289M
202568233721.3%29.7%$191M

What Broadway National 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

Home purchase 234 34% · 4.3% denied
Refinance 116 17% · 24.1% denied
Cash-out refinance 105 15% · 27.6% denied
Home improvement 88 13% · 31.8% denied
Other / HELOC 139 20% · 36.0% denied

By loan type

Conventional 673 99% · 21.6% denied
VA 9 1% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 78 investment properties.

Why Broadway National Bank denies applications

Primary reason reported for each of the 145 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 45 31%
Credit history 40 28%
Other 40 28%
Collateral 17 12%
Insufficient cash 2 1%
Employment history 1 1%

How these reasons compare nationally →

Who gets approved at Broadway National Bank

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k781768.4%
$50k – $100k1585845.5%
$100k – $150k964729.4%
$150k – $250k1266718.8%
Over $250k19012311.5%
Applicant ageApplicationsOriginatedDecision denial rate
25–34673915.2%
35–441237420.8%
45–541546634.7%
55–641507435.9%
65–741104432.9%
Over 74612540.5%

Where Broadway National Bank lends

16 states and 58 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas66132521.5%#218

Frequently asked questions

Broadway National Bank denied 29.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 8th percentile of small mortgage lenders.

The most common reason Broadway National Bank gave in 2025 was "debt-to-income ratio", cited on 31.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 34% of its applications were for home purchases, 32% for refinancing (including cash-out), and 33% for home improvement or other purposes. By loan type: 99% conventional, 0% FHA, 1% 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 Broadway National Bank. Data sources · Methodology