Mortgage lender · Ruston, LA · LEI 5493005EWJNDWPLNG328

Century Next Bank review: approval odds, rates and grade (2025)

Century Next Bank earns an A, placing it in the top fifth of small mortgage lenders. It turned down 4.8% of the applications it decided on in 2025, which ranks in the 74th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

195Applications2025
91.3%Originatedof applications
4.8%Decision denial ratenational 22.6%
Median ratenational 6.63%
$68MLoan volume2 states

Century Next Bank at a glance, 2025

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

4.6%Denial rate (all applications)-13.36 pts vs national
4.8%Denial rate (decided applications)-17.80 pts vs national
91.3%Origination rate+33.25 pts vs national
3.6%Withdrawn by applicant
0.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$185,000Median loan amount
Median total loan costs
$120kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the A 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%

74th4.8% denied

Processwithdrawn + incomplete share, weight 15%

84th3.6%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232071911.5%1.5%8.20%$33M
20241621454.3%4.5%7.70%$33M
20251951784.6%4.8%$68M

What Century Next 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 101 52% · 6.9% denied
Refinance 84 43% · 1.2% denied
Cash-out refinance 2 1% · 0.0% denied
Home improvement 4 2% · 0.0% denied
Other / HELOC 4 2% · 25.0% denied

By loan type

Conventional 179 92% · 2.2% denied
FHA 7 4% · 28.6% denied
VA 2 1% · 50.0% denied
USDA / RHS 7 4% · 28.6% denied

Also: 0 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 92 investment properties.

Why Century Next Bank denies applications

Primary reason reported for each of the 9 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 4 44%
Debt-to-income ratio 3 33%
Other 1 11%
Collateral 1 11%

How these reasons compare nationally →

Who gets approved at Century Next Bank

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k40357.9%
$100k – $150k332610.0%
$150k – $250k31290.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–3431293.3%
35–44262012.5%
45–5426244.0%
55–6423214.6%

Where Century Next Bank lends

2 states and 21 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Louisiana1581511.3%#137
Arkansas372718.9%#227

Frequently asked questions

Century Next Bank denied 4.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 74th percentile of small mortgage lenders.

The most common reason Century Next Bank gave in 2025 was "credit history", cited on 44.4% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 52% of its applications were for home purchases, 44% for refinancing (including cash-out), and 4% for home improvement or other purposes. By loan type: 92% conventional, 4% 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 Century Next Bank. Data sources · Methodology