First Alliance Home Mortgage 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 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
61st7.4% deniedPricingmedian rate spread over APOR, weight 30%
28th0.40 ptsProcesswithdrawn + incomplete share, weight 15%
7th31.5%Closing coststotal loan costs ÷ loan amount, weight 10%
20th3.22% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,186 | 659 | 7.7% | 12.1% | 6.75% | $212M |
| 2024 | 1,525 | 965 | 4.3% | 6.4% | 6.63% | $318M |
| 2025 | 1,981 | 1,256 | 5.1% | 7.4% | 6.62% | $448M |
What First Alliance Home 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, 255 investment properties.
Why First Alliance Home Mortgage denies applications
Primary reason reported for each of the 101 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First Alliance Home Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 116 | 69 | 10.4% |
| $50k – $100k | 708 | 440 | 8.3% |
| $100k – $150k | 482 | 293 | 7.6% |
| $150k – $250k | 354 | 238 | 4.8% |
| Over $250k | 199 | 152 | 2.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 59 | 38 | 13.6% |
| 25–34 | 440 | 294 | 8.1% |
| 35–44 | 534 | 335 | 6.2% |
| 45–54 | 476 | 312 | 7.1% |
| 55–64 | 288 | 182 | 4.7% |
| 65–74 | 131 | 68 | 11.7% |
| Over 74 | 53 | 27 | 15.6% |
Where First Alliance Home Mortgage lends
33 states and 379 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 607 | 374 | 5.3% | 6.63% | #98 |
| Pennsylvania | 394 | 297 | 3.1% | 6.63% | #189 |
| Florida | 186 | 88 | 10.8% | 6.63% | #381 |
| Maryland | 144 | 111 | 2.1% | 6.49% | #198 |
| Illinois | 108 | 79 | 0.9% | 6.63% | #336 |
| North Carolina | 88 | 59 | 2.3% | 6.38% | #337 |
| Texas | 66 | 21 | 19.7% | 6.50% | #646 |
| New York | 59 | 25 | 8.5% | 5.99% | #318 |
| Virginia | 49 | 35 | 2.0% | 6.49% | #380 |
| Indiana | 28 | 14 | 3.6% | 6.25% | #422 |
| South Carolina | 28 | 16 | 3.6% | 6.38% | #404 |
| Ohio | 27 | 12 | 14.8% | 5.99% | #487 |
| Delaware | 25 | 24 | 4.0% | 6.62% | #169 |
| Tennessee | 24 | 18 | 0.0% | 5.99% | #511 |
| Kentucky | 22 | 19 | 0.0% | 6.00% | #345 |
| California | 21 | 10 | 0.0% | 6.00% | #629 |
| Georgia | 20 | 12 | 0.0% | 6.44% | #571 |
| Michigan | 20 | 10 | 0.0% | 5.63% | #435 |
| Louisiana | 15 | 5 | 6.7% | 6.50% | #340 |
| Wisconsin | 12 | 7 | 8.3% | 5.99% | #466 |
| Arizona | 7 | 3 | 14.3% | 5.75% | #553 |
| Connecticut | 6 | 4 | 0.0% | 6.44% | #428 |
| District of Columbia | 5 | 2 | 20.0% | 6.37% | #236 |
Frequently asked questions
First Alliance Home Mortgage denied 7.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 61st percentile of mid-size mortgage lenders.
The most common reason First Alliance Home Mortgage gave in 2025 was "other", cited on 30.7% 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 First Alliance Home Mortgage originated in 2025 was 6.62%, and its median rate spread over the average prime offer rate was 0.40 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 68% of its applications were for home purchases, 32% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 58% conventional, 39% FHA, 3% 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.