Churchill Funding I at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F grade breaks down
Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
13th18.6% deniedProcesswithdrawn + incomplete share, weight 15%
4th39.4%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 274 | 206 | 0.7% | 1.0% | 11.00% | $232M |
| 2024 | 624 | 482 | 12.2% | 13.6% | 10.50% | $553M |
| 2025 | 363 | 179 | 11.3% | 18.6% | 9.00% | $203M |
What Churchill Funding I 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, 0 manufactured homes, 363 investment properties.
Why Churchill Funding I denies applications
Primary reason reported for each of the 41 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Where Churchill Funding I lends
29 states and 120 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| North Carolina | 87 | 67 | 3.5% | 7.25% | #342 |
| Texas | 60 | 27 | 6.7% | 9.75% | #671 |
| Florida | 41 | 15 | 4.9% | 8.50% | #629 |
| Tennessee | 22 | 4 | 18.2% | 9.25% | #517 |
| New York | 20 | 5 | 20.0% | 9.75% | #411 |
| South Carolina | 19 | 7 | 31.6% | 10.00% | #457 |
| Georgia | 16 | 7 | 25.0% | 10.63% | #593 |
| Ohio | 15 | 8 | 13.3% | 9.88% | #565 |
| Hawaii | 13 | 6 | 7.7% | 10.00% | #158 |
| California | 11 | 4 | 27.3% | 9.56% | #723 |
| Massachusetts | 7 | 4 | 0.0% | 8.00% | #489 |
| Pennsylvania | 7 | 4 | 14.3% | 8.06% | #746 |
| Alabama | 6 | 3 | 16.7% | 9.75% | #546 |
| Colorado | 5 | 5 | 0.0% | 10.13% | #612 |
| Virginia | 5 | 2 | 20.0% | 10.13% | #641 |
Frequently asked questions
Churchill Funding I denied 18.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 13th percentile of investment-property lenders.
The most common reason Churchill Funding I gave in 2025 was "unverifiable information", cited on 58.5% 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 Churchill Funding I originated in 2025 was 9.00%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 26% of its applications were for home purchases, 74% for refinancing (including cash-out), and 0% 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.