Direct Mortgage Loans · District of Columbia · 2025

Direct Mortgage Loans in District of Columbia: approval rate, denial rate and rates (2025)

Direct Mortgage Loans took 55 mortgage applications in District of Columbia in 2025, ranking #69 of 473 lenders active in the state. It originated 70.9% of them and denied 5.5% (6.3% of the applications it decided), against a statewide denial rate of 18.1%.

55Applicationsin DC
6.3%Decision denial ratestate 23.7%
6.50%Median ratestate 6.50%
$395,000Median loanstate $405,000
$15MVolume1 counties

Direct Mortgage Loans in District of Columbia vs the state

5.5%Denial rate-12.61 pts vs state
6.3%Decision denial rate-17.49 pts vs state
70.9%Origination rate+15.40 pts vs state
6.50%Median rate0.00 pts vs state
0.16Rate spread (pts)+0.11 pts vs state
$99kMedian applicant income
39Loans originated
3Denied

Trend in District of Columbia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231390.0%7.25%#143
202449350.0%6.63%#70
202555395.5%6.50%#69

What Direct Mortgage Loans lends in District of Columbia

By loan purpose

Home purchase 49 89% · 6.1% denied
Refinance 6 11% · 0.0% denied

By loan type

Conventional 40 73% · 5.0% denied
FHA 15 27% · 6.7% denied

Why it denied District of Columbia applicants

Collateral 2 67%
Credit history 1 33%

Where in District of Columbia

Counties with the most Direct Mortgage Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
District of Columbia 55393 5.5%

Other large lenders in District of Columbia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 78628.5%7.75%
Rocket MortgageC 67120.7%6.63%
Bank of AmericaF 54633.2%5.99%
First Savings MortgageA 5440.9%6.50%
Truist BankC 52941.2%6.25%
PNC BankD 46731.5%6.25%
JPMorgan Chase BankB 4597.6%6.38%
CitibankB 4179.6%6.00%
First Home MortgageB 3592.5%6.63%
NewrezD 35323.5%6.63%

Frequently asked questions

District of Columbia: 55 applications in 2025, of which 39 were originated and 3 denied.

5.5% of all applications, or 6.3% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.

The median rate on loans Direct Mortgage Loans originated in District of Columbia in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Direct Mortgage Loans's own HMDA filing for properties located in District of Columbia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology