Home State Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
72nd5.2% deniedPricingmedian rate spread over APOR, weight 30%
51st0.27 ptsProcesswithdrawn + incomplete share, weight 15%
84th3.5%Closing coststotal loan costs ÷ loan amount, weight 10%
49th1.94% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 470 | 388 | 5.3% | 5.8% | 6.50% | $98M |
| 2024 | 618 | 534 | 5.5% | 5.7% | 6.88% | $138M |
| 2025 | 635 | 556 | 5.0% | 5.2% | 6.50% | $149M |
What Home State Bank 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, 74 investment properties.
Why Home State Bank denies applications
Primary reason reported for each of the 32 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Home State Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 40 | 32 | 12.8% |
| $50k – $100k | 279 | 249 | 4.8% |
| $100k – $150k | 137 | 119 | 4.7% |
| $150k – $250k | 80 | 72 | 3.8% |
| Over $250k | 47 | 42 | 2.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 69 | 61 | 7.6% |
| 25–34 | 184 | 165 | 3.4% |
| 35–44 | 153 | 131 | 8.7% |
| 45–54 | 86 | 70 | 1.2% |
| 55–64 | 59 | 55 | 5.2% |
| 65–74 | 28 | 26 | 0.0% |
Where Home State Bank lends
13 states and 59 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Home State Bank denied 5.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 72nd percentile of small mortgage lenders.
The most common reason Home State Bank gave in 2025 was "debt-to-income ratio", cited on 34.4% 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 Home State Bank originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.27 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 82% of its applications were for home purchases, 17% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 89% conventional, 11% 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.