Grand Bank for Savings at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F 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%
11th25.9% deniedPricingmedian rate spread over APOR, weight 30%
1st2.25 ptsProcesswithdrawn + incomplete share, weight 15%
41st13.5%Closing coststotal loan costs ÷ loan amount, weight 10%
12th3.46% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 211 | 161 | 9.0% | 9.9% | 9.00% | $35M |
| 2024 | 209 | 128 | 22.0% | 24.9% | 9.00% | $25M |
| 2025 | 237 | 145 | 22.4% | 25.9% | 7.99% | $25M |
What Grand Bank for Savings 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: 38 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 7 investment properties.
Why Grand Bank for Savings denies applications
Primary reason reported for each of the 53 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Grand Bank for Savings
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 60 | 28 | 46.3% |
| $50k – $100k | 91 | 62 | 20.5% |
| $100k – $150k | 39 | 25 | 9.7% |
| $150k – $250k | 35 | 24 | 16.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 51 | 35 | 17.8% |
| 35–44 | 71 | 44 | 20.7% |
| 45–54 | 47 | 30 | 23.1% |
| 55–64 | 36 | 20 | 34.3% |
| 65–74 | 23 | 10 | 47.4% |
Where Grand Bank for Savings lends
23 states and 66 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Grand Bank for Savings denied 25.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 11th percentile of small mortgage lenders.
The most common reason Grand Bank for Savings gave in 2025 was "credit history", cited on 41.5% 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 Grand Bank for Savings originated in 2025 was 7.99%, and its median rate spread over the average prime offer rate was 2.25 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 51% of its applications were for home purchases, 14% for refinancing (including cash-out), and 35% for home improvement or other purposes. By loan type: 85% conventional, 11% FHA, 2% 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.