Mortgage lender · Arlington, TX · LEI 5493001SXWZ4OFP8Z903

Dhi Mortgage Company review: approval odds, rates and grade (2025)

Dhi Mortgage Company earns a B, better than most large mortgage lenders. It turned down 16.4% of the applications it decided on in 2025, which ranks in the 49th percentile for approval odds. Its median loan was priced 1.28 points below the average prime offer rate, ranking in the 100th percentile on pricing. Compared against 101 large mortgage lenders using 2025 HMDA filings.

102kApplications2025
67.6%Originatedof applications
16.4%Decision denial ratenational 22.6%
4.99%Median ratenational 6.63%
$23BLoan volume37 states

Dhi Mortgage Company at a glance, 2025

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

13.4%Denial rate (all applications)-4.59 pts vs national
16.4%Denial rate (decided applications)-6.22 pts vs national
67.6%Origination rate+9.60 pts vs national
17.7%Withdrawn by applicant
0.6%Closed for incompleteness
4.99%Median interest rate-1.63 pts vs national
-1.28Median rate spread (pts over APOR)-1.53 pts vs national
$325,000Median loan amount
$7,691Median total loan costs
$97kMedian applicant income
97%Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 101 large mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

49th16.4% denied

Pricingmedian rate spread over APOR, weight 30%

100th-1.28 pts

Processwithdrawn + incomplete share, weight 15%

53rd18.2%

Closing coststotal loan costs ÷ loan amount, weight 10%

63rd2.37% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202384,81265,0048.2%9.6%5.50%$22B
202495,92570,67310.3%12.2%5.38%$24B
2025102,26769,15913.4%16.4%4.99%$23B

What Dhi Mortgage Company 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 102,163 100% · 13.4% denied
Refinance 67 0% · 52.2% denied
Cash-out refinance 37 0% · 10.8% denied

By loan type

Conventional 35,798 35% · 9.5% denied
FHA 48,610 48% · 17.1% denied
VA 16,080 16% · 10.1% denied
USDA / RHS 1,779 2% · 19.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 4,770 investment properties.

Why Dhi Mortgage Company denies applications

Primary reason reported for each of the 13,694 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 8,088 59%
Credit history 3,607 26%
Unverifiable information 783 6%
Insufficient cash 594 4%
Other 342 2%
Employment history 243 2%
Collateral 19 0%
Incomplete application 18 0%

How these reasons compare nationally →

Who gets approved at Dhi Mortgage Company

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k5,4571,67462.5%
$50k – $100k47,09531,82517.6%
$100k – $150k29,70321,61310.1%
$150k – $250k14,24110,2717.8%
Over $250k4,4643,1966.4%
Applicant ageApplicationsOriginatedDecision denial rate
Under 257,6345,39416.6%
25–3433,23223,99813.9%
35–4427,04718,06317.4%
45–5416,98110,86119.1%
55–6410,5226,53718.5%
65–745,1883,28915.1%
Over 741,6631,01713.4%

Where Dhi Mortgage Company lends

37 states and 600 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas26,34817,74813.5%4.50%#4
Florida16,66111,58214.5%4.88%#8
North Carolina7,5485,25813.8%5.13%#14
South Carolina6,1844,15317.4%4.99%#5
Georgia4,2952,77717.0%4.99%#23
Alabama3,9092,37617.5%4.99%#8
California3,8852,7768.6%5.25%#55
Arizona3,4792,40612.8%3.99%#22
Tennessee3,0782,1229.2%5.75%#25
Nevada2,5492,0596.8%4.99%#10
Washington2,1731,6266.3%5.50%#30
Indiana1,7411,12914.7%5.25%#47
Louisiana1,72597324.0%4.63%#19
Utah1,5711,1708.6%5.75%#19
Colorado1,5121,01412.4%4.63%#38
Ohio1,46593315.2%4.75%#63
Illinois1,19285413.4%5.88%#72
Maryland1,14073413.8%5.50%#49
Oklahoma1,0897179.7%4.99%#30
Arkansas1,08063812.1%5.50%#26
Mississippi1,01464516.9%4.99%#26
Iowa99167110.5%5.38%#22
Virginia96265710.0%5.50%#77
Minnesota8656585.7%5.50%#55
Pennsylvania7866123.7%6.38%#113
New Jersey7695335.6%6.50%#81
Oregon7335477.2%5.50%#58
New Mexico72043220.1%4.99%#26
Nebraska50032910.4%5.50%#35
Hawaii3682639.8%5.50%#19
Delaware36426112.4%6.25%#36
Kentucky29420411.9%5.50%#112
West Virginia1811392.2%5.88%#66
Missouri121817.4%5.69%#245
Wisconsin735212.3%5.88%#293
Kansas35302.9%5.75%#256

Frequently asked questions

Dhi Mortgage Company denied 16.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 49th percentile of large mortgage lenders.

The most common reason Dhi Mortgage Company gave in 2025 was "debt-to-income ratio", cited on 59.1% 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 Dhi Mortgage Company originated in 2025 was 4.99%, and its median rate spread over the average prime offer rate was -1.28 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 100% of its applications were for home purchases, 0% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 35% conventional, 48% FHA, 16% 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 Dhi Mortgage Company. Data sources · Methodology