Federated Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A 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%
97th0.0% deniedPricingmedian rate spread over APOR, weight 30%
73rd0.08 ptsProcesswithdrawn + incomplete share, weight 15%
95th0.0%Closing coststotal loan costs ÷ loan amount, weight 10%
72nd1.35% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 401 | 338 | 0.0% | 0.0% | 6.63% | $96M |
| 2024 | 394 | 394 | 0.0% | 0.0% | 6.50% | $146M |
| 2025 | 356 | 356 | 0.0% | 0.0% | 6.50% | $134M |
What Federated Mortgage 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: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 71 investment properties.
Who gets approved at Federated Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 85 | 85 | 0.0% |
| $100k – $150k | 74 | 74 | 0.0% |
| $150k – $250k | 108 | 108 | 0.0% |
| Over $250k | 74 | 74 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 103 | 103 | 0.0% |
| 35–44 | 150 | 150 | 0.0% |
| 45–54 | 65 | 65 | 0.0% |
| 55–64 | 20 | 20 | 0.0% |
Where Federated Mortgage lends
11 states and 73 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Pennsylvania | 192 | 192 | 0.0% | 6.63% | #281 |
| Maryland | 83 | 83 | 0.0% | 6.49% | #262 |
| Virginia | 31 | 31 | 0.0% | 6.25% | #438 |
| California | 11 | 11 | 0.0% | 6.13% | #720 |
| New Jersey | 9 | 9 | 0.0% | 6.25% | #539 |
| Texas | 8 | 8 | 0.0% | 6.31% | #994 |
| North Carolina | 7 | 7 | 0.0% | 6.38% | #687 |
| Florida | 6 | 6 | 0.0% | 6.63% | #1,072 |
Frequently asked questions
Federated Mortgage denied 0.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 97th percentile of small mortgage lenders.
The median interest rate on loans Federated Mortgage originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.08 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 65% of its applications were for home purchases, 35% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 92% conventional, 6% FHA, 2% 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.