First Continental 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%
96th0.6% deniedPricingmedian rate spread over APOR, weight 30%
94th-0.31 ptsProcesswithdrawn + incomplete share, weight 15%
15th22.2%Closing coststotal loan costs ÷ loan amount, weight 10%
56th1.78% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 350 | 282 | 0.9% | 1.0% | 6.38% | $105M |
| 2024 | 853 | 795 | 0.1% | 0.1% | 5.88% | $294M |
| 2025 | 451 | 345 | 0.4% | 0.6% | 5.88% | $140M |
What First Continental 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, 4 investment properties.
Why First Continental Mortgage denies applications
Primary reason reported for each of the 2 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First Continental Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 124 | 90 | 0.0% |
| $100k – $150k | 156 | 129 | 0.0% |
| $150k – $250k | 118 | 86 | 2.3% |
| Over $250k | 30 | 26 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 24 | 15 | 0.0% |
| 25–34 | 160 | 133 | 0.8% |
| 35–44 | 119 | 96 | 1.0% |
| 45–54 | 74 | 51 | 0.0% |
| 55–64 | 47 | 29 | 0.0% |
| 65–74 | 22 | 16 | 0.0% |
Where First Continental Mortgage lends
8 states and 54 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 259 | 201 | 0.0% | 5.75% | #368 |
| Georgia | 150 | 111 | 0.7% | 6.13% | #279 |
| Washington | 19 | 14 | 0.0% | 6.25% | #397 |
| Alabama | 13 | 11 | 0.0% | 6.00% | #434 |
| Colorado | 6 | 4 | 16.7% | 5.75% | #591 |
Frequently asked questions
First Continental Mortgage denied 0.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 96th percentile of small mortgage lenders.
The most common reason First Continental Mortgage gave in 2025 was "other", cited on 50.0% 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 First Continental Mortgage originated in 2025 was 5.88%, and its median rate spread over the average prime offer rate was -0.31 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 81% of its applications were for home purchases, 19% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 20% conventional, 44% FHA, 35% 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.