Mortgage lender · Greenville, SC · LEI 254900FBWEZ3YUPOBN33

Lima One Capital review: approval odds, rates and grade (2025)

Lima One Capital earns an F, in the bottom tier of investment-property lenders. It turned down 27.3% of the applications it decided on in 2025, which ranks in the 7th percentile for approval odds. Compared against 220 investment-property lenders using 2025 HMDA filings.

4.0kApplications2025
59.5%Originatedof applications
27.3%Decision denial ratenational 22.6%
8.90%Median ratenational 6.63%
$913MLoan volume47 states

Lima One Capital at a glance, 2025

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

22.3%Denial rate (all applications)+4.36 pts vs national
27.3%Denial rate (decided applications)+4.72 pts vs national
59.5%Origination rate+1.42 pts vs national
17.1%Withdrawn by applicant
1.1%Closed for incompleteness
8.90%Median interest rate+2.28 pts vs national
Median rate spread (pts over APOR)
$225,000Median loan amount
Median total loan costs
Median applicant income
70%Median loan-to-value
0High-cost (HOEPA) loans

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%

7th27.3% denied

Processwithdrawn + incomplete share, weight 15%

15th18.2%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20233,9303,9300.0%0.0%9.60%$1.6B
20246,3623,76120.8%26.1%9.10%$1.3B
20254,0022,37922.3%27.3%8.90%$913M

What Lima One Capital 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 1,750 44% · 20.9% denied
Refinance 987 25% · 21.7% denied
Cash-out refinance 1,264 32% · 24.8% denied
Other / HELOC 1 0% · 100.0% denied

By loan type

Conventional 4,002 100% · 22.3% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 4,002 investment properties.

Why Lima One Capital denies applications

Primary reason reported for each of the 894 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 395 44%
Credit history 261 29%
Employment history 91 10%
Mortgage insurance denied 55 6%
Unverifiable information 46 5%
Insufficient cash 32 4%
Other 14 2%

How these reasons compare nationally →

Where Lima One Capital lends

47 states and 682 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Florida46826925.9%9.55%#248
North Carolina37226214.8%9.68%#168
Texas25012024.8%9.33%#373
Georgia21813120.2%9.50%#235
South Carolina20113713.4%9.70%#185
Ohio19511420.5%8.23%#242
Tennessee19413020.1%7.86%#222
Virginia1921498.9%9.40%#210
Pennsylvania18010821.7%7.55%#294
Indiana15310116.3%7.70%#228
New Jersey1086030.6%7.75%#257
California1052451.4%9.00%#436
Nevada915917.6%8.80%#151
New York903445.6%7.45%#279
Maryland894522.5%8.80%#251
Michigan893148.3%8.25%#285
Oregon84707.1%9.75%#179
Missouri814822.2%7.45%#294
Alabama734413.7%7.45%#261
Illinois723830.6%8.59%#399
Louisiana592918.6%8.00%#235
Washington493716.3%9.70%#296
Utah473614.9%10.40%#177
Colorado462717.4%9.70%#312
Arizona382113.2%7.40%#345
Massachusetts372124.3%9.90%#362
Wisconsin361730.6%7.45%#374
Arkansas332212.1%7.53%#238
Kentucky281428.6%7.47%#316
Hawaii271629.6%10.40%#119
Oklahoma261723.1%7.35%#313
Mississippi191131.6%7.30%#244
Delaware181511.1%7.30%#190
New Mexico18916.7%10.20%#209
District of Columbia14285.7%10.40%#159
Minnesota10460.0%7.48%#471
Iowa9333.3%8.90%#367
Kansas9433.3%8.73%#359
Nebraska9722.2%7.95%#258
West Virginia9611.1%7.43%#263
Idaho8512.5%10.70%#280
Maine6233.3%8.53%#266
New Hampshire5120.0%10.60%#328
Rhode Island5240.0%9.25%#246

Frequently asked questions

Lima One Capital denied 27.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 7th percentile of investment-property lenders.

The most common reason Lima One Capital gave in 2025 was "collateral", cited on 44.2% 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 Lima One Capital originated in 2025 was 8.90%, 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, 44% of its applications were for home purchases, 56% for refinancing (including cash-out), and 0% 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 Lima One Capital. Data sources · Methodology