Enrichment 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%
78th3.9% deniedPricingmedian rate spread over APOR, weight 30%
33rd0.43 ptsProcesswithdrawn + incomplete share, weight 15%
93rd1.0%Closing coststotal loan costs ÷ loan amount, weight 10%
58th1.72% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 261 | 226 | 2.7% | 2.8% | 5.50% | $55M |
| 2024 | 191 | 152 | 5.8% | 6.0% | 6.38% | $32M |
| 2025 | 206 | 166 | 3.9% | 3.9% | 6.38% | $37M |
What Enrichment 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: 5 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 1 investment properties.
Why Enrichment denies applications
Primary reason reported for each of the 8 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Enrichment
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 29 | 22 | 6.9% |
| $50k – $100k | 84 | 64 | 4.8% |
| $100k – $150k | 42 | 32 | 4.9% |
| $150k – $250k | 33 | 30 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 38 | 30 | 7.9% |
| 35–44 | 27 | 18 | 11.1% |
| 45–54 | 43 | 38 | 0.0% |
| 55–64 | 53 | 43 | 2.0% |
| 65–74 | 23 | 21 | 0.0% |
Where Enrichment lends
1 states and 22 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Tennessee | 206 | 166 | 3.9% | 6.38% | #208 |
Frequently asked questions
Enrichment denied 3.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 78th percentile of small mortgage lenders.
The most common reason Enrichment gave in 2025 was "debt-to-income ratio", cited on 50.0% 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 Enrichment originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was 0.43 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 38% of its applications were for home purchases, 49% for refinancing (including cash-out), and 13% 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.