Evo Home Loans at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C 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%
53rd9.0% deniedPricingmedian rate spread over APOR, weight 30%
33rd0.43 ptsProcesswithdrawn + incomplete share, weight 15%
7th27.9%Closing coststotal loan costs ÷ loan amount, weight 10%
55th1.78% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 366 | 241 | 4.4% | 5.4% | 6.75% | $84M |
| 2024 | 291 | 176 | 10.0% | 13.0% | 6.99% | $75M |
| 2025 | 434 | 271 | 6.5% | 9.0% | 6.88% | $115M |
What Evo Home Loans 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: 41 home-equity lines, 0 reverse mortgages, 9 manufactured homes, 58 investment properties.
Why Evo Home Loans denies applications
Primary reason reported for each of the 28 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Evo Home Loans
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 119 | 79 | 6.7% |
| $100k – $150k | 112 | 72 | 6.4% |
| $150k – $250k | 93 | 59 | 4.6% |
| Over $250k | 70 | 43 | 14.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 75 | 55 | 0.0% |
| 35–44 | 111 | 55 | 15.7% |
| 45–54 | 91 | 60 | 13.0% |
| 55–64 | 73 | 50 | 8.3% |
| 65–74 | 47 | 29 | 0.0% |
| Over 74 | 29 | 18 | 9.1% |
Where Evo Home Loans lends
7 states and 29 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Arizona | 299 | 190 | 5.4% | 6.88% | #147 |
| Nevada | 81 | 54 | 7.4% | 7.00% | #157 |
| California | 32 | 18 | 12.5% | 6.99% | #579 |
| Utah | 15 | 9 | 6.7% | 6.88% | #258 |
Frequently asked questions
Evo Home Loans denied 9.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 53rd percentile of small mortgage lenders.
The most common reason Evo Home Loans gave in 2025 was "debt-to-income ratio", cited on 25.0% 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 Evo Home Loans originated in 2025 was 6.88%, 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, 61% of its applications were for home purchases, 39% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 84% conventional, 1% FHA, 13% 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.