Fundloans Capital at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D 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%
55th8.9% deniedPricingmedian rate spread over APOR, weight 30%
2nd1.40 ptsProcesswithdrawn + incomplete share, weight 15%
2nd46.8%Closing coststotal loan costs ÷ loan amount, weight 10%
30th2.82% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,316 | 582 | 18.0% | 28.8% | 9.75% | $387M |
| 2024 | 1,761 | 985 | 7.8% | 12.2% | 8.25% | $853M |
| 2025 | 1,972 | 957 | 4.7% | 8.9% | 7.75% | $913M |
What Fundloans Capital 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, 789 investment properties.
Why Fundloans Capital denies applications
Primary reason reported for each of the 93 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Fundloans Capital
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 126 | 57 | 9.5% |
| $50k – $100k | 44 | 14 | 6.7% |
| $100k – $150k | 110 | 50 | 15.3% |
| $150k – $250k | 215 | 110 | 8.3% |
| Over $250k | 1,114 | 588 | 7.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 131 | 67 | 9.5% |
| 35–44 | 498 | 245 | 7.2% |
| 45–54 | 583 | 298 | 7.5% |
| 55–64 | 483 | 231 | 11.8% |
| 65–74 | 187 | 82 | 7.9% |
| Over 74 | 71 | 30 | 14.3% |
Where Fundloans Capital lends
34 states and 263 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 1,077 | 536 | 4.9% | 7.88% | #163 |
| Florida | 267 | 125 | 5.6% | 7.75% | #327 |
| Texas | 106 | 47 | 2.8% | 7.38% | #541 |
| Arizona | 81 | 38 | 7.4% | 7.63% | #264 |
| Hawaii | 48 | 20 | 2.1% | 7.69% | #91 |
| Georgia | 47 | 26 | 2.1% | 7.56% | #444 |
| Nevada | 43 | 20 | 7.0% | 7.99% | #218 |
| Washington | 43 | 25 | 7.0% | 7.50% | #306 |
| Colorado | 39 | 15 | 7.7% | 7.63% | #335 |
| Utah | 32 | 17 | 6.3% | 7.49% | #208 |
| North Carolina | 28 | 14 | 0.0% | 8.13% | #480 |
| South Carolina | 22 | 12 | 0.0% | 7.56% | #432 |
| Tennessee | 17 | 9 | 11.8% | 7.63% | #563 |
| Idaho | 13 | 7 | 0.0% | 7.38% | #250 |
| Oregon | 13 | 3 | 0.0% | 6.99% | #332 |
| Maryland | 12 | 6 | 0.0% | 7.56% | #454 |
| New Mexico | 11 | 1 | 9.1% | 9.00% | #249 |
| Connecticut | 10 | 6 | 0.0% | 7.50% | #376 |
| Illinois | 10 | 4 | 0.0% | 7.81% | #686 |
| New Jersey | 9 | 6 | 0.0% | 8.13% | #538 |
| Virginia | 9 | 4 | 0.0% | 7.06% | #580 |
| Massachusetts | 8 | 3 | 0.0% | 7.13% | #478 |
| Montana | 7 | 4 | 0.0% | 7.43% | #202 |
| New Hampshire | 6 | 3 | 0.0% | 7.49% | #314 |
Frequently asked questions
Fundloans Capital denied 8.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 55th percentile of mid-size mortgage lenders.
The most common reason Fundloans Capital gave in 2025 was "other", cited on 26.9% 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 Fundloans Capital originated in 2025 was 7.75%, and its median rate spread over the average prime offer rate was 1.40 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 28% of its applications were for home purchases, 67% for refinancing (including cash-out), and 5% 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.