Mortgage lender · Columbus, OH · LEI 549300ZGCIDP1G72QO72

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

CF Bank earns a C, in line with the typical performance of small mortgage lenders. It turned down 7.0% of the applications it decided on in 2025, which ranks in the 63rd percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

367Applications2025
51.0%Originatedof applications
7.0%Decision denial ratenational 22.6%
Median ratenational 6.63%
$120MLoan volume24 states

CF Bank at a glance, 2025

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

3.8%Denial rate (all applications)-14.17 pts vs national
7.0%Denial rate (decided applications)-15.62 pts vs national
51.0%Origination rate-7.08 pts vs national
45.2%Withdrawn by applicant
0.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$255,000Median loan amount
Median total loan costs
$128kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

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%

63rd7.0% denied

Processwithdrawn + incomplete share, weight 15%

1st45.2%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20233132053.8%5.5%7.13%$109M
20243932035.6%9.8%6.99%$97M
20253671873.8%7.0%$120M

What CF 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 209 57% · 3.8% denied
Refinance 61 17% · 3.3% denied
Cash-out refinance 76 21% · 5.3% denied
Home improvement 3 1% · 0.0% denied
Other / HELOC 18 5% · 0.0% denied

By loan type

Conventional 292 80% · 3.4% denied
FHA 47 13% · 8.5% denied
VA 28 8% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 103 investment properties.

Why CF Bank denies applications

Primary reason reported for each of the 14 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 5 36%
Credit history 4 29%
Debt-to-income ratio 3 21%
Unverifiable information 1 7%
Other 1 7%

How these reasons compare nationally →

Who gets approved at CF Bank

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k341225.0%
$50k – $100k94476.0%
$100k – $150k78397.1%
$150k – $250k66313.1%
Over $250k79476.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–3478466.1%
35–441105112.1%
45–5471360.0%
55–6448209.1%
65–7424118.3%

Where CF Bank lends

24 states and 108 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Ohio2521324.4%#205
Indiana20910.0%#456
Kentucky1696.3%#372
California1450.0%#697
Florida1160.0%#903
Georgia840.0%#694
Michigan870.0%#540
North Carolina620.0%#700

Frequently asked questions

CF Bank denied 7.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 63rd percentile of small mortgage lenders.

The most common reason CF Bank gave in 2025 was "collateral", cited on 35.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 57% of its applications were for home purchases, 37% for refinancing (including cash-out), and 6% for home improvement or other purposes. By loan type: 80% conventional, 13% FHA, 8% 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 CF Bank. Data sources · Methodology