Central National Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
39th12.5% deniedPricingmedian rate spread over APOR, weight 30%
71st0.11 ptsProcesswithdrawn + incomplete share, weight 15%
50th11.6%Closing coststotal loan costs ÷ loan amount, weight 10%
79th1.17% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 356 | 272 | 12.1% | 13.6% | 6.93% | $63M |
| 2024 | 314 | 246 | 10.2% | 11.4% | 6.88% | $69M |
| 2025 | 354 | 269 | 11.0% | 12.5% | 6.75% | $79M |
What Central 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
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 94 investment properties.
Why Central National Bank denies applications
Primary reason reported for each of the 39 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Central National Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 39 | 17 | 45.5% |
| $50k – $100k | 97 | 70 | 13.3% |
| $100k – $150k | 67 | 51 | 11.7% |
| $150k – $250k | 52 | 40 | 7.0% |
| Over $250k | 26 | 22 | 4.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 28 | 21 | 11.5% |
| 25–34 | 79 | 64 | 7.1% |
| 35–44 | 78 | 47 | 22.2% |
| 45–54 | 47 | 35 | 18.6% |
| 55–64 | 30 | 25 | 10.7% |
| 65–74 | 24 | 16 | 11.1% |
Where Central National Bank lends
7 states and 74 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Central National Bank denied 12.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 39th percentile of small mortgage lenders.
The most common reason Central National Bank gave in 2025 was "debt-to-income ratio", cited on 43.6% 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 Central National Bank originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.11 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 70% of its applications were for home purchases, 27% for refinancing (including cash-out), and 4% for home improvement or other purposes. By loan type: 86% conventional, 8% FHA, 6% 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.