First Savings 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 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%
97th1.0% deniedPricingmedian rate spread over APOR, weight 30%
79th0.03 ptsProcesswithdrawn + incomplete share, weight 15%
43rd18.3%Closing coststotal loan costs ÷ loan amount, weight 10%
88th1.19% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 2,171 | 1,724 | 1.0% | 1.2% | 6.50% | $994M |
| 2024 | 2,332 | 1,929 | 1.3% | 1.6% | 6.63% | $1.1B |
| 2025 | 2,135 | 1,726 | 0.8% | 1.0% | 6.50% | $1.2B |
What First Savings 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, 4 manufactured homes, 123 investment properties.
Why First Savings Mortgage denies applications
Primary reason reported for each of the 18 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First Savings Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 27 | 18 | 0.0% |
| $50k – $100k | 210 | 168 | 2.3% |
| $100k – $150k | 387 | 300 | 2.9% |
| $150k – $250k | 663 | 542 | 0.6% |
| Over $250k | 800 | 659 | 0.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 39 | 30 | 3.2% |
| 25–34 | 588 | 480 | 1.0% |
| 35–44 | 731 | 606 | 0.8% |
| 45–54 | 404 | 306 | 1.9% |
| 55–64 | 221 | 180 | 0.6% |
| 65–74 | 112 | 88 | 0.0% |
| Over 74 | 40 | 36 | 0.0% |
Where First Savings Mortgage lends
7 states and 100 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Virginia | 955 | 765 | 0.8% | 6.50% | #78 |
| Maryland | 569 | 462 | 0.7% | 6.50% | #78 |
| District of Columbia | 544 | 451 | 0.9% | 6.50% | #4 |
| Florida | 32 | 22 | 3.1% | 6.88% | #679 |
| North Carolina | 17 | 10 | 0.0% | 6.19% | #549 |
| Delaware | 14 | 12 | 0.0% | 6.63% | #209 |
Frequently asked questions
First Savings Mortgage denied 1.0% 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 mid-size mortgage lenders.
The most common reason First Savings Mortgage gave in 2025 was "collateral", cited on 44.4% 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 Savings Mortgage originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.03 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 82% of its applications were for home purchases, 18% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 86% conventional, 5% FHA, 9% 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.