InterBank 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 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%
44th11.3% deniedPricingmedian rate spread over APOR, weight 30%
23rd0.63 ptsProcesswithdrawn + incomplete share, weight 15%
28th16.9%Closing coststotal loan costs ÷ loan amount, weight 10%
42nd2.14% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 441 | 300 | 12.5% | 14.0% | 8.50% | $266M |
| 2024 | 404 | 275 | 13.4% | 15.7% | 8.50% | $250M |
| 2025 | 426 | 310 | 9.4% | 11.3% | 7.50% | $178M |
What InterBank 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, 13 manufactured homes, 157 investment properties.
Why InterBank denies applications
Primary reason reported for each of the 40 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at InterBank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 48 | 28 | 14.3% |
| $50k – $100k | 101 | 65 | 15.4% |
| $100k – $150k | 66 | 43 | 18.9% |
| $150k – $250k | 50 | 32 | 17.5% |
| Over $250k | 51 | 40 | 4.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 66 | 40 | 18.0% |
| 35–44 | 74 | 48 | 14.0% |
| 45–54 | 84 | 57 | 14.9% |
| 55–64 | 60 | 46 | 16.4% |
| 65–74 | 31 | 24 | 7.4% |
Where InterBank lends
4 states and 75 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
InterBank denied 11.3% 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 small mortgage lenders.
The most common reason InterBank gave in 2025 was "debt-to-income ratio", cited on 42.5% 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 InterBank originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.63 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 66% of its applications were for home purchases, 17% for refinancing (including cash-out), and 17% for home improvement or other purposes. By loan type: 96% conventional, 3% 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.