Greenbox Loans 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 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
43rd5.9% deniedPricingmedian rate spread over APOR, weight 30%
13th2.12 ptsProcesswithdrawn + incomplete share, weight 15%
9th25.9%Closing coststotal loan costs ÷ loan amount, weight 10%
16th4.24% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,961 | 748 | 8.1% | 17.0% | 9.38% | $357M |
| 2024 | 1,235 | 755 | 7.1% | 10.2% | 9.00% | $452M |
| 2025 | 1,432 | 963 | 4.4% | 5.9% | 8.13% | $538M |
What Greenbox Loans 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: 63 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 720 investment properties.
Why Greenbox Loans denies applications
Primary reason reported for each of the 63 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Greenbox Loans
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 24 | 10 | 23.1% |
| $50k – $100k | 103 | 61 | 3.1% |
| $100k – $150k | 133 | 84 | 9.5% |
| $150k – $250k | 178 | 117 | 6.8% |
| Over $250k | 445 | 297 | 5.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 127 | 87 | 2.2% |
| 35–44 | 386 | 270 | 5.7% |
| 45–54 | 420 | 285 | 7.5% |
| 55–64 | 275 | 204 | 5.8% |
| 65–74 | 94 | 58 | 9.1% |
| Over 74 | 55 | 44 | 2.2% |
Where Greenbox Loans lends
38 states and 290 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 588 | 407 | 3.7% | 8.13% | #240 |
| Florida | 189 | 140 | 2.7% | 7.75% | #377 |
| Texas | 158 | 112 | 3.2% | 7.88% | #462 |
| Arizona | 66 | 47 | 4.6% | 7.88% | #282 |
| Washington | 48 | 28 | 6.3% | 8.38% | #298 |
| Colorado | 38 | 21 | 5.3% | 8.38% | #337 |
| New Jersey | 34 | 27 | 2.9% | 8.75% | #392 |
| Illinois | 28 | 14 | 3.6% | 8.06% | #546 |
| Maryland | 27 | 14 | 3.7% | 8.94% | #384 |
| Oregon | 27 | 11 | 14.8% | 7.75% | #276 |
| Georgia | 26 | 19 | 7.7% | 8.00% | #537 |
| Nevada | 25 | 14 | 4.0% | 8.81% | #257 |
| Massachusetts | 19 | 9 | 26.3% | 7.88% | #420 |
| Utah | 18 | 13 | 0.0% | 8.00% | #249 |
| Hawaii | 15 | 10 | 6.7% | 7.38% | #148 |
| Virginia | 14 | 9 | 7.1% | 8.25% | #535 |
| Indiana | 11 | 9 | 0.0% | 8.75% | #529 |
| Missouri | 11 | 8 | 0.0% | 8.63% | #496 |
| North Carolina | 10 | 8 | 0.0% | 8.25% | #632 |
| Ohio | 10 | 5 | 0.0% | 8.25% | #616 |
| Wisconsin | 10 | 7 | 10.0% | 8.00% | #492 |
| Pennsylvania | 9 | 7 | 0.0% | 8.38% | #700 |
| New York | 7 | 3 | 0.0% | 9.13% | #489 |
| Alabama | 6 | 3 | 0.0% | 8.88% | #559 |
| Connecticut | 6 | 3 | 16.7% | 9.38% | #420 |
| Tennessee | 5 | 3 | 20.0% | 8.88% | #739 |
Frequently asked questions
Greenbox Loans denied 5.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 43rd percentile of investment-property lenders.
The most common reason Greenbox Loans gave in 2025 was "credit history", cited on 33.3% 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 Greenbox Loans originated in 2025 was 8.13%, and its median rate spread over the average prime offer rate was 2.12 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 40% of its applications were for home purchases, 60% for refinancing (including cash-out), and 0% 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.