Mortgage lender · Denver, CO · LEI 5493001HHBUTXHS7TZ96

Homeamerican Mortgage review: approval odds, rates and grade (2025)

Homeamerican Mortgage earns an A, placing it in the top fifth of mid-size mortgage lenders. It turned down 9.5% of the applications it decided on in 2025, which ranks in the 53rd percentile for approval odds. Its median loan was priced 1.67 points below the average prime offer rate, ranking in the 99th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

6.8kApplications2025
78.5%Originatedof applications
9.5%Decision denial ratenational 22.6%
4.50%Median ratenational 6.63%
$2.7BLoan volume15 states

Homeamerican Mortgage at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

8.5%Denial rate (all applications)-9.45 pts vs national
9.5%Denial rate (decided applications)-13.12 pts vs national
78.5%Origination rate+20.47 pts vs national
9.7%Withdrawn by applicant
0.3%Closed for incompleteness
4.50%Median interest rate-2.13 pts vs national
-1.67Median rate spread (pts over APOR)-1.93 pts vs national
$485,000Median loan amount
$6,586Median total loan costs
$134kMedian applicant income
95%Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

53rd9.5% denied

Pricingmedian rate spread over APOR, weight 30%

99th-1.67 pts

Processwithdrawn + incomplete share, weight 15%

82nd9.9%

Closing coststotal loan costs ÷ loan amount, weight 10%

85th1.36% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20238,2255,43013.0%15.8%5.63%$2.4B
20249,4207,3178.8%9.9%5.38%$3.4B
20256,8195,3538.5%9.5%4.50%$2.7B

What Homeamerican Mortgage 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

Home purchase 6,819 100% · 8.5% denied

By loan type

Conventional 3,285 48% · 6.5% denied
FHA 2,308 34% · 11.7% denied
VA 1,221 18% · 7.9% denied
USDA / RHS 5 0% · 40.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 185 investment properties.

Why Homeamerican Mortgage denies applications

Primary reason reported for each of the 582 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 455 78%
Other 49 8%
Employment history 45 8%
Debt-to-income ratio 17 3%
Incomplete application 16 3%

How these reasons compare nationally →

Who gets approved at Homeamerican Mortgage

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k1012767.8%
$50k – $100k1,5801,19414.3%
$100k – $150k2,3901,9087.4%
$150k – $250k2,0961,7066.1%
Over $250k6355184.8%
Applicant ageApplicationsOriginatedDecision denial rate
Under 253022518.2%
25–342,1381,7717.7%
35–441,8751,44210.8%
45–541,25995311.2%
55–647946219.9%
65–743342397.2%
Over 741177610.0%

Where Homeamerican Mortgage lends

15 states and 91 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Colorado1,4221,1218.3%4.50%#43
Arizona1,1979716.7%4.50%#59
California1,0448655.8%4.88%#168
Florida81561415.1%4.63%#177
Nevada4823768.1%4.50%#56
Utah3993007.3%4.63%#67
Washington3812998.9%5.00%#124
Virginia2892108.0%5.00%#167
Idaho1811477.2%5.00%#88
Tennessee1521157.2%4.50%#253
New Mexico14110110.6%4.50%#92
Texas1311046.1%5.00%#501
Maryland835315.7%5.38%#258
Alabama523717.3%4.63%#303
Oregon504012.0%4.50%#224

Frequently asked questions

Homeamerican Mortgage denied 9.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 53rd percentile of mid-size mortgage lenders.

The most common reason Homeamerican Mortgage gave in 2025 was "credit history", cited on 78.2% 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 Homeamerican Mortgage originated in 2025 was 4.50%, and its median rate spread over the average prime offer rate was -1.67 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: 48% conventional, 34% FHA, 18% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Homeamerican Mortgage. Data sources · Methodology