GNBank 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 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%
38th12.7% deniedProcesswithdrawn + incomplete share, weight 15%
26th17.8%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 303 | 197 | 16.2% | 19.8% | — | $29M |
| 2024 | 269 | 175 | 13.8% | 17.3% | — | $29M |
| 2025 | 259 | 185 | 10.4% | 12.7% | — | $37M |
What GNBank 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, 10 manufactured homes, 65 investment properties.
Why GNBank denies applications
Primary reason reported for each of the 27 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at GNBank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 39 | 20 | 28.6% |
| $50k – $100k | 76 | 47 | 16.1% |
| $100k – $150k | 57 | 42 | 14.3% |
| $150k – $250k | 28 | 21 | 12.0% |
| Over $250k | 20 | 17 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 25 | 11 | 15.4% |
| 25–34 | 43 | 22 | 25.8% |
| 35–44 | 62 | 48 | 12.7% |
| 45–54 | 41 | 28 | 17.7% |
| 55–64 | 29 | 23 | 8.0% |
Where GNBank lends
6 states and 43 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
GNBank denied 12.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 38th percentile of small mortgage lenders.
The most common reason GNBank gave in 2025 was "debt-to-income ratio", cited on 48.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 49% of its applications were for home purchases, 34% for refinancing (including cash-out), and 16% for home improvement or other purposes. By loan type: 92% 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.