Inspire Home Loans 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 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%
44th11.9% deniedPricingmedian rate spread over APOR, weight 30%
99th-0.86 ptsProcesswithdrawn + incomplete share, weight 15%
78th10.9%Closing coststotal loan costs ÷ loan amount, weight 10%
36th2.61% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 7,902 | 5,431 | 9.3% | 10.7% | 5.75% | $1.9B |
| 2024 | 10,116 | 7,048 | 12.0% | 13.7% | 5.50% | $2.6B |
| 2025 | 9,059 | 6,596 | 10.6% | 11.9% | 4.88% | $2.4B |
What Inspire Home 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: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 394 investment properties.
Why Inspire Home Loans denies applications
Primary reason reported for each of the 958 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Inspire Home Loans
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 502 | 222 | 44.1% |
| $50k – $100k | 3,860 | 2,755 | 13.6% |
| $100k – $150k | 2,637 | 2,019 | 7.9% |
| $150k – $250k | 1,505 | 1,195 | 4.9% |
| Over $250k | 503 | 392 | 3.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 675 | 486 | 14.6% |
| 25–34 | 3,046 | 2,293 | 10.8% |
| 35–44 | 2,334 | 1,701 | 12.4% |
| 45–54 | 1,504 | 1,057 | 12.6% |
| 55–64 | 922 | 649 | 11.9% |
| 65–74 | 469 | 328 | 11.0% |
| Over 74 | 109 | 82 | 8.6% |
Where Inspire Home Loans lends
17 states and 174 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 1,648 | 1,274 | 10.9% | 4.88% | #121 |
| Florida | 1,427 | 896 | 17.9% | 4.88% | #116 |
| California | 992 | 693 | 11.0% | 5.63% | #174 |
| Georgia | 976 | 681 | 10.3% | 4.88% | #95 |
| Arizona | 953 | 728 | 10.3% | 5.63% | #75 |
| North Carolina | 591 | 408 | 8.5% | 6.06% | #126 |
| Colorado | 575 | 479 | 6.4% | 4.88% | #98 |
| Nevada | 469 | 369 | 9.0% | 4.88% | #59 |
| Washington | 312 | 252 | 3.9% | 5.38% | #142 |
| Tennessee | 296 | 243 | 5.1% | 5.25% | #166 |
| South Carolina | 241 | 155 | 11.6% | 6.00% | #164 |
| Utah | 160 | 146 | 4.4% | 4.88% | #111 |
| Indiana | 130 | 88 | 6.2% | 6.25% | #242 |
| Alabama | 117 | 76 | 9.4% | 4.88% | #208 |
| Michigan | 85 | 51 | 5.9% | 6.38% | #286 |
| Kentucky | 74 | 47 | 0.0% | 6.00% | #235 |
| Louisiana | 13 | 10 | 7.7% | 4.88% | #351 |
Frequently asked questions
Inspire Home Loans denied 11.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 44th percentile of mid-size mortgage lenders.
The most common reason Inspire Home Loans gave in 2025 was "debt-to-income ratio", cited on 64.1% 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 Inspire Home Loans originated in 2025 was 4.88%, and its median rate spread over the average prime offer rate was -0.86 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: 34% conventional, 49% FHA, 14% 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.