Cogent 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%
55th8.6% deniedProcesswithdrawn + incomplete share, weight 15%
50th11.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 47 | 36 | 6.4% | 7.5% | — | $21M |
| 2024 | 177 | 131 | 7.3% | 8.5% | — | $66M |
| 2025 | 224 | 171 | 7.6% | 8.6% | — | $93M |
What Cogent 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, 52 investment properties.
Who gets approved at Cogent Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 38 | 32 | 8.3% |
| $100k – $150k | 26 | 23 | 0.0% |
| $150k – $250k | 51 | 39 | 6.7% |
| Over $250k | 80 | 52 | 12.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 43 | 37 | 2.6% |
| 35–44 | 32 | 23 | 6.9% |
| 45–54 | 45 | 32 | 8.1% |
| 55–64 | 38 | 27 | 12.1% |
| 65–74 | 23 | 19 | 9.1% |
Where Cogent Bank lends
17 states and 51 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Cogent Bank denied 8.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 55th percentile of small mortgage lenders.
In 2025, 70% of its applications were for home purchases, 22% for refinancing (including cash-out), and 8% for home improvement or other purposes. By loan type: 94% conventional, 5% 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.