First Choice Mh 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%
44th11.4% deniedPricingmedian rate spread over APOR, weight 30%
78th0.04 ptsProcesswithdrawn + incomplete share, weight 15%
95th0.0%Closing coststotal loan costs ÷ loan amount, weight 10%
27th2.58% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 125 | 115 | 8.0% | 8.0% | 10.25% | $11M |
| 2024 | 204 | 186 | 8.8% | 8.8% | 10.35% | $17M |
| 2025 | 185 | 164 | 11.4% | 11.4% | 10.35% | $15M |
What First Choice Mh 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, 185 manufactured homes, 0 investment properties.
Why First Choice Mh denies applications
Primary reason reported for each of the 21 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First Choice Mh
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 47 | 39 | 17.0% |
| $50k – $100k | 138 | 125 | 9.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 63 | 54 | 14.3% |
| 35–44 | 49 | 44 | 10.2% |
| 45–54 | 32 | 29 | 9.4% |
Where First Choice Mh lends
3 states and 7 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
First Choice Mh denied 11.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 44th percentile of small mortgage lenders.
The most common reason First Choice Mh gave in 2025 was "credit history", cited on 57.1% 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 Choice Mh originated in 2025 was 10.35%, and its median rate spread over the average prime offer rate was 0.04 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 100% of its applications were for home purchases, 0% for refinancing (including cash-out), and 0% 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.