Mortgage lender · St. Paul, MN · LEI 549300JQALY53TH22D13

Jones Lang Lasalle Multifamily review: approval odds, rates and grade (2025)

Jones Lang Lasalle Multifamily earns a B, better than most investment-property lenders. It turned down 1.7% of the applications it decided on in 2025, which ranks in the 74th percentile for approval odds. Compared against 220 investment-property lenders using 2025 HMDA filings.

199Applications2025
89.5%Originatedof applications
1.7%Decision denial ratenational 22.6%
5.17%Median ratenational 6.63%
$7.5BLoan volume33 states

Jones Lang Lasalle Multifamily at a glance, 2025

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

1.5%Denial rate (all applications)-16.47 pts vs national
1.7%Denial rate (decided applications)-20.93 pts vs national
89.5%Origination rate+31.42 pts vs national
9.1%Withdrawn by applicant
0.0%Closed for incompleteness
5.17%Median interest rate-1.46 pts vs national
Median rate spread (pts over APOR)
$18,835,000Median loan amount
Median total loan costs
Median applicant income
65%Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

74th1.7% denied

Processwithdrawn + incomplete share, weight 15%

33rd9.1%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232652300.4%0.4%5.60%$12B
20242111930.5%0.5%5.66%$19B
20251991781.5%1.7%5.17%$7.5B

What Jones Lang Lasalle Multifamily 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 111 56% · 1.8% denied
Refinance 12 6% · 0.0% denied
Cash-out refinance 66 33% · 1.5% denied
Home improvement 10 5% · 0.0% denied

By loan type

Conventional 199 100% · 1.5% denied

Also: 1 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 199 investment properties.

Why Jones Lang Lasalle Multifamily denies applications

Primary reason reported for each of the 3 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 2 67%
Other 1 33%

How these reasons compare nationally →

Where Jones Lang Lasalle Multifamily lends

33 states and 111 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas25214.0%5.28%#831
Minnesota23230.0%5.34%#376
California15130.0%5.17%#678
Washington13130.0%5.19%#433
Illinois12120.0%5.14%#659
North Carolina1070.0%5.36%#631
Oregon10100.0%5.03%#369
Colorado970.0%4.95%#513
Florida880.0%5.18%#965
New Mexico880.0%5.03%#278
Pennsylvania8412.5%5.28%#723
Tennessee770.0%5.48%#679
Iowa540.0%5.38%#432
Ohio540.0%5.57%#709

Frequently asked questions

Jones Lang Lasalle Multifamily denied 1.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 74th percentile of investment-property lenders.

The most common reason Jones Lang Lasalle Multifamily gave in 2025 was "credit history", cited on 66.7% 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 Jones Lang Lasalle Multifamily originated in 2025 was 5.17%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 56% of its applications were for home purchases, 39% for refinancing (including cash-out), and 5% for home improvement or other purposes. By loan type: 100% conventional, 0% 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.

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 Jones Lang Lasalle Multifamily. Data sources · Methodology