Grace Home Lending 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%
93rd1.0% deniedPricingmedian rate spread over APOR, weight 30%
97th-0.52 ptsProcesswithdrawn + incomplete share, weight 15%
20th19.7%Closing coststotal loan costs ÷ loan amount, weight 10%
46th2.02% of loanTrend, 2024–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2024 | 687 | 483 | 3.2% | 4.3% | 6.00% | $179M |
| 2025 | 847 | 673 | 0.8% | 1.0% | 5.49% | $263M |
What Grace Home Lending 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, 10 investment properties.
Why Grace Home Lending denies applications
Primary reason reported for each of the 7 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Grace Home Lending
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 105 | 85 | 1.2% |
| $100k – $150k | 277 | 231 | 0.9% |
| $150k – $250k | 342 | 261 | 1.1% |
| Over $250k | 118 | 95 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 22 | 16 | 0.0% |
| 25–34 | 244 | 202 | 1.5% |
| 35–44 | 209 | 166 | 0.6% |
| 45–54 | 173 | 137 | 1.4% |
| 55–64 | 115 | 87 | 0.0% |
| 65–74 | 71 | 55 | 0.0% |
Where Grace Home Lending lends
3 states and 19 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Grace Home Lending 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 93rd percentile of small mortgage lenders.
The most common reason Grace Home Lending gave in 2025 was "debt-to-income ratio", cited on 71.4% 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 Grace Home Lending originated in 2025 was 5.49%, and its median rate spread over the average prime offer rate was -0.52 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: 73% conventional, 19% FHA, 8% 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.