Legacy 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 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%
96th1.4% deniedPricingmedian rate spread over APOR, weight 30%
81st0.00 ptsProcesswithdrawn + incomplete share, weight 15%
51st16.6%Closing coststotal loan costs ÷ loan amount, weight 10%
89th1.12% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,371 | 1,105 | 1.9% | 2.3% | 6.63% | $476M |
| 2024 | 1,673 | 1,313 | 2.3% | 2.8% | 6.63% | $593M |
| 2025 | 1,484 | 1,218 | 1.2% | 1.4% | 6.49% | $586M |
What Legacy 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, 5 manufactured homes, 88 investment properties.
Why Legacy Home Loans denies applications
Primary reason reported for each of the 17 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Legacy 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 | 29 | 23 | 4.2% |
| $50k – $100k | 379 | 296 | 2.6% |
| $100k – $150k | 364 | 312 | 0.0% |
| $150k – $250k | 389 | 315 | 2.2% |
| Over $250k | 302 | 256 | 0.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 52 | 51 | 0.0% |
| 25–34 | 501 | 413 | 0.2% |
| 35–44 | 433 | 356 | 2.5% |
| 45–54 | 212 | 172 | 1.1% |
| 55–64 | 175 | 137 | 2.8% |
| 65–74 | 95 | 77 | 1.3% |
Where Legacy Home Loans lends
8 states and 76 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Legacy Home Loans denied 1.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 96th percentile of mid-size mortgage lenders.
The most common reason Legacy Home Loans gave in 2025 was "credit history", cited on 35.3% 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 Legacy Home Loans originated in 2025 was 6.49%, 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, 83% of its applications were for home purchases, 17% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 81% conventional, 9% FHA, 9% 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.