Lendlo Mortgage 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%
90th2.8% deniedPricingmedian rate spread over APOR, weight 30%
94th-0.20 ptsProcesswithdrawn + incomplete share, weight 15%
37th19.5%Closing coststotal loan costs ÷ loan amount, weight 10%
8th4.14% of loanTrend, 2024–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2024 | 4,318 | 3,519 | 2.3% | 2.8% | 6.13% | $702M |
| 2025 | 1,300 | 1,018 | 2.2% | 2.8% | 5.99% | $206M |
What Lendlo Mortgage 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, 18 investment properties.
Why Lendlo Mortgage denies applications
Primary reason reported for each of the 29 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Lendlo Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 100 | 76 | 5.0% |
| $50k – $100k | 901 | 723 | 2.6% |
| $100k – $150k | 222 | 173 | 1.1% |
| $150k – $250k | 51 | 31 | 0.0% |
| Over $250k | 23 | 15 | 6.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 214 | 184 | 3.7% |
| 25–34 | 496 | 404 | 2.2% |
| 35–44 | 272 | 209 | 1.9% |
| 45–54 | 146 | 97 | 4.0% |
| 55–64 | 109 | 85 | 3.4% |
| 65–74 | 44 | 29 | 6.5% |
Where Lendlo Mortgage lends
7 states and 45 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Lendlo Mortgage denied 2.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 90th percentile of mid-size mortgage lenders.
The most common reason Lendlo Mortgage gave in 2025 was "debt-to-income ratio", cited on 41.4% 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 Lendlo Mortgage originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was -0.20 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 100% of its applications were for home purchases, 0% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 28% conventional, 53% FHA, 11% 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.