Legacy National Bank 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 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%
92nd1.4% deniedProcesswithdrawn + incomplete share, weight 15%
58th9.8%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 174 | 123 | 2.3% | 3.1% | — | $35M |
| 2024 | 162 | 124 | 3.1% | 3.8% | — | $40M |
| 2025 | 235 | 207 | 1.3% | 1.4% | — | $96M |
What Legacy National Bank 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, 4 manufactured homes, 111 investment properties.
Why Legacy National Bank 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.
Who gets approved at Legacy National Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 24 | 18 | 10.0% |
| $100k – $150k | 33 | 30 | 3.2% |
| $150k – $250k | 38 | 29 | 0.0% |
| Over $250k | 39 | 31 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 27 | 22 | 0.0% |
| 35–44 | 43 | 34 | 2.8% |
| 45–54 | 38 | 29 | 3.2% |
Where Legacy National Bank lends
7 states and 18 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Legacy National Bank 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 92nd percentile of small mortgage lenders.
The most common reason Legacy National Bank gave in 2025 was "debt-to-income ratio", cited on 100.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 60% of its applications were for home purchases, 28% for refinancing (including cash-out), and 13% for home improvement or other purposes. By loan type: 98% conventional, 1% 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.