Financial Concepts 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%
92nd1.4% deniedPricingmedian rate spread over APOR, weight 30%
74th0.08 ptsProcesswithdrawn + incomplete share, weight 15%
69th7.7%Closing coststotal loan costs ÷ loan amount, weight 10%
53rd1.84% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 686 | 613 | 1.9% | 2.1% | 6.63% | $142M |
| 2024 | 507 | 457 | 0.8% | 0.9% | 6.63% | $110M |
| 2025 | 601 | 547 | 1.3% | 1.4% | 6.50% | $140M |
What Financial Concepts 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, 1 manufactured homes, 23 investment properties.
Why Financial Concepts Mortgage 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 Financial Concepts Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 68 | 59 | 4.8% |
| $50k – $100k | 260 | 236 | 1.7% |
| $100k – $150k | 127 | 113 | 0.9% |
| $150k – $250k | 108 | 105 | 0.0% |
| Over $250k | 36 | 32 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 74 | 68 | 1.5% |
| 25–34 | 182 | 167 | 1.8% |
| 35–44 | 158 | 148 | 1.3% |
| 45–54 | 81 | 73 | 1.4% |
| 55–64 | 71 | 61 | 1.6% |
| 65–74 | 29 | 26 | 0.0% |
Where Financial Concepts Mortgage lends
3 states and 46 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Financial Concepts Mortgage denied 1.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 92nd percentile of small mortgage lenders.
The most common reason Financial Concepts Mortgage gave in 2025 was "other", 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 Financial Concepts 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, 94% of its applications were for home purchases, 5% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 45% conventional, 37% FHA, 17% 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.