Hr Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D 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%
16th21.8% deniedPricingmedian rate spread over APOR, weight 30%
32nd0.44 ptsProcesswithdrawn + incomplete share, weight 15%
79th4.8%Closing coststotal loan costs ÷ loan amount, weight 10%
1st7.53% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 744 | 529 | 23.4% | 24.7% | 6.50% | $58M |
| 2024 | 678 | 475 | 23.3% | 24.8% | 6.75% | $56M |
| 2025 | 703 | 519 | 20.8% | 21.8% | 6.25% | $69M |
What Hr 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
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 33 investment properties.
Why Hr Mortgage denies applications
Primary reason reported for each of the 146 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Hr Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 417 | 310 | 22.2% |
| $50k – $100k | 216 | 166 | 18.1% |
| $100k – $150k | 35 | 25 | 21.2% |
| $150k – $250k | 20 | 10 | 41.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 58 | 43 | 24.6% |
| 25–34 | 263 | 202 | 18.7% |
| 35–44 | 172 | 136 | 17.1% |
| 45–54 | 109 | 80 | 18.8% |
| 55–64 | 66 | 36 | 41.9% |
| 65–74 | 28 | 17 | 37.0% |
Where Hr Mortgage lends
2 states and 64 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Puerto Rico | 697 | 514 | 20.8% | 6.25% | #7 |
Frequently asked questions
Hr Mortgage denied 21.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 16th percentile of small mortgage lenders.
The most common reason Hr Mortgage gave in 2025 was "collateral", cited on 46.6% 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 Hr Mortgage originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was 0.44 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 94% of its applications were for home purchases, 6% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 22% conventional, 35% FHA, 3% 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.