Lendingone at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F 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%
1st61.2% deniedProcesswithdrawn + incomplete share, weight 15%
0th74.7%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 9,321 | 2,006 | 62.9% | 74.5% | 7.75% | $921M |
| 2024 | 8,497 | 2,564 | 56.0% | 65.0% | 7.52% | $1.3B |
| 2025 | 25,603 | 2,519 | 15.5% | 61.2% | 7.33% | $1.6B |
What Lendingone 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, 25,603 investment properties.
Why Lendingone denies applications
Primary reason reported for each of the 3,966 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Where Lendingone lends
52 states and 1,552 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Florida | 3,055 | 276 | 15.8% | 7.29% | #68 |
| Texas | 1,945 | 151 | 13.2% | 7.02% | #102 |
| New York | 1,475 | 123 | 17.8% | 9.74% | #57 |
| Georgia | 1,435 | 284 | 16.9% | 7.45% | #70 |
| Pennsylvania | 1,396 | 118 | 14.9% | 7.68% | #65 |
| Ohio | 1,275 | 189 | 20.7% | 7.60% | #72 |
| New Jersey | 1,236 | 100 | 9.6% | 9.49% | #57 |
| North Carolina | 1,218 | 128 | 17.1% | 7.30% | #75 |
| California | 1,197 | 32 | 5.8% | 9.24% | #154 |
| Illinois | 1,061 | 76 | 16.2% | 7.34% | #75 |
| Maryland | 877 | 67 | 15.7% | 7.36% | #61 |
| Virginia | 803 | 120 | 19.8% | 7.04% | #90 |
| Michigan | 765 | 87 | 19.0% | 7.21% | #97 |
| Indiana | 605 | 65 | 16.9% | 7.13% | #103 |
| Tennessee | 597 | 101 | 15.9% | 7.22% | #97 |
| Alabama | 533 | 94 | 24.2% | 7.15% | #81 |
| Arizona | 478 | 27 | 10.7% | 6.92% | #114 |
| Missouri | 476 | 35 | 22.7% | 7.29% | #95 |
| South Carolina | 434 | 54 | 15.7% | 7.16% | #111 |
| Louisiana | 410 | 35 | 13.4% | 7.13% | #67 |
| Massachusetts | 401 | 19 | 9.7% | 7.18% | #96 |
| Connecticut | 367 | 18 | 10.1% | 7.15% | #68 |
| Colorado | 331 | 21 | 7.3% | 7.03% | #139 |
| Washington | 308 | 14 | 7.5% | 6.94% | #144 |
| Oklahoma | 291 | 24 | 20.3% | 7.14% | #99 |
| Wisconsin | 237 | 26 | 18.6% | 7.31% | #136 |
| Mississippi | 198 | 37 | 24.2% | 7.53% | #88 |
| Minnesota | 191 | 15 | 13.1% | 7.38% | #140 |
| Kentucky | 181 | 24 | 13.8% | 7.15% | #155 |
| District of Columbia | 168 | 16 | 16.7% | 7.59% | #28 |
| Kansas | 157 | 14 | 26.1% | 7.30% | #124 |
| Arkansas | 141 | 14 | 13.5% | 7.30% | #132 |
| Oregon | 136 | 7 | 16.2% | 6.86% | #148 |
| Nebraska | 129 | 28 | 20.2% | 7.07% | #90 |
| New Mexico | 120 | 8 | 17.5% | 10.25% | #99 |
| Delaware | 116 | 15 | 18.1% | 7.16% | #76 |
| Hawaii | 111 | 14 | 20.7% | 9.49% | #55 |
| Idaho | 101 | 7 | 11.9% | 7.12% | #116 |
| Iowa | 90 | 2 | 18.9% | 7.13% | #156 |
| West Virginia | 81 | 3 | 21.0% | 7.13% | #103 |
| Rhode Island | 78 | 7 | 21.8% | 7.65% | #77 |
| Maine | 74 | 11 | 16.2% | 7.42% | #110 |
| New Hampshire | 73 | 1 | 8.2% | — | #99 |
| Utah | 63 | 4 | 15.9% | 6.94% | #155 |
| Montana | 51 | 7 | 5.9% | 7.40% | #94 |
| Nevada | 48 | 0 | 2.1% | — | #212 |
| Vermont | 46 | 1 | 13.0% | 6.99% | #57 |
| Wyoming | 22 | 0 | 18.2% | — | #103 |
| Alaska | 9 | 0 | 11.1% | — | #107 |
| North Dakota | 9 | 0 | 0.0% | — | #133 |
Frequently asked questions
Lendingone denied 61.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 1st percentile of investment-property lenders.
The most common reason Lendingone gave in 2025 was "debt-to-income ratio", cited on 52.3% 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 Lendingone originated in 2025 was 7.33%, 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, 55% of its applications were for home purchases, 39% for refinancing (including cash-out), and 6% 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.