Mortgage lender · Irvine, CA · LEI 549300MQEDQYDJR8CP22

Corevest American Finance Lender review: approval odds, rates and grade (2025)

Corevest American Finance Lender earns a D, weaker than most investment-property lenders. It turned down 10.3% of the applications it decided on in 2025, which ranks in the 27th percentile for approval odds. Compared against 220 investment-property lenders using 2025 HMDA filings.

1.0kApplications2025
43.5%Originatedof applications
10.3%Decision denial ratenational 22.6%
6.99%Median ratenational 6.63%
$769MLoan volume44 states

Corevest American Finance Lender at a glance, 2025

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

7.6%Denial rate (all applications)-10.42 pts vs national
10.3%Denial rate (decided applications)-12.29 pts vs national
43.5%Origination rate-14.52 pts vs national
26.7%Withdrawn by applicant
0.0%Closed for incompleteness
6.99%Median interest rate+0.37 pts vs national
Median rate spread (pts over APOR)
$315,000Median loan amount
Median total loan costs
Median applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the D 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%

27th10.3% denied

Processwithdrawn + incomplete share, weight 15%

9th26.7%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232571783.1%4.3%7.30%$523M
20246163248.8%14.3%7.26%$687M
20251,0324497.6%10.3%6.99%$769M

What Corevest American Finance Lender 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 173 17% · 9.3% denied
Refinance 846 82% · 7.3% denied
Cash-out refinance 13 1% · 0.0% denied

By loan type

Conventional 1,032 100% · 7.6% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 1,032 investment properties.

Why Corevest American Finance Lender denies applications

Primary reason reported for each of the 78 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Unverifiable information 44 56%
Collateral 34 44%

How these reasons compare nationally →

Where Corevest American Finance Lender lends

44 states and 311 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Florida108412.8%6.75%#470
Georgia80365.0%6.99%#370
Texas77415.2%7.13%#615
California68248.8%6.50%#489
Pennsylvania592025.4%6.63%#460
Ohio55387.3%7.21%#398
New York522211.5%7.07%#330
North Carolina49162.0%6.92%#405
New Jersey482214.6%7.00%#363
Michigan46176.5%7.00%#359
Tennessee43277.0%7.00%#432
Missouri35210.0%6.63%#382
Indiana31186.5%6.96%#407
Illinois301220.0%7.14%#541
Maryland22124.6%6.99%#398
Kentucky2130.0%7.50%#348
South Carolina19115.3%7.00%#458
Alabama1865.6%6.53%#401
Arizona1730.0%6.79%#436
Virginia17100.0%7.25%#505
Colorado1620.0%6.81%#443
Massachusetts16618.8%6.88%#430
Connecticut1160.0%6.50%#366
Kansas11718.2%6.27%#345
Oregon1150.0%7.00%#355
Washington1179.1%7.38%#442
Hawaii5120.0%6.99%#198
Oklahoma5120.0%6.38%#503

Frequently asked questions

Corevest American Finance Lender denied 10.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 27th percentile of investment-property lenders.

The most common reason Corevest American Finance Lender gave in 2025 was "unverifiable information", cited on 56.4% 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 Corevest American Finance Lender originated in 2025 was 6.99%, 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, 17% of its applications were for home purchases, 83% 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.

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 Corevest American Finance Lender. Data sources · Methodology