Mortgage lender · Tampa, FL · LEI 5493001141Z7CINOSB62

Loanflight Lending review: approval odds, rates and grade (2025)

Loanflight Lending earns a B, better than most small mortgage lenders. It turned down 11.1% of the applications it decided on in 2025, which ranks in the 44th percentile for approval odds. Its median loan was priced 0.23 points below the average prime offer rate, ranking in the 92nd percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

509Applications2025
53.2%Originatedof applications
11.1%Decision denial ratenational 22.6%
5.99%Median ratenational 6.63%
$129MLoan volume16 states

Loanflight Lending at a glance, 2025

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

6.7%Denial rate (all applications)-11.30 pts vs national
11.1%Denial rate (decided applications)-11.48 pts vs national
53.2%Origination rate-4.79 pts vs national
22.0%Withdrawn by applicant
17.9%Closed for incompleteness
5.99%Median interest rate-0.63 pts vs national
-0.23Median rate spread (pts over APOR)-0.49 pts vs national
$445,000Median loan amount
$4,025Median total loan costs
$174kMedian applicant income
75%Median loan-to-value
0High-cost (HOEPA) loans

How the B 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%

44th11.1% denied

Pricingmedian rate spread over APOR, weight 30%

92nd-0.23 pts

Processwithdrawn + incomplete share, weight 15%

2nd39.9%

Closing coststotal loan costs ÷ loan amount, weight 10%

87th0.90% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202373512.7%3.8%6.62%$19M
20242581454.3%7.1%6.25%$60M
20255092716.7%11.1%5.99%$129M

What Loanflight Lending 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 138 27% · 3.6% denied
Refinance 237 47% · 5.9% denied
Cash-out refinance 134 26% · 11.2% denied

By loan type

Conventional 392 77% · 5.6% denied
FHA 67 13% · 14.9% denied
VA 48 9% · 4.2% denied
USDA / RHS 2 0% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 60 investment properties.

Why Loanflight Lending denies applications

Primary reason reported for each of the 34 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 8 24%
Credit history 8 24%
Debt-to-income ratio 8 24%
Unverifiable information 7 21%
Other 2 6%
Employment history 1 3%

How these reasons compare nationally →

Who gets approved at Loanflight Lending

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k754216.0%
$100k – $150k99509.1%
$150k – $250k1578511.5%
Over $250k135777.1%
Applicant ageApplicationsOriginatedDecision denial rate
25–34102559.8%
35–44180928.0%
45–54104618.8%
55–64593512.5%
65–74402023.1%

Where Loanflight Lending lends

16 states and 202 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Florida135828.2%5.99%#435
Texas55295.5%6.13%#694
New Jersey44222.3%6.00%#378
Georgia411617.1%5.69%#466
California35142.9%5.69%#571
Colorado30180.0%5.88%#366
Indiana29180.0%6.56%#415
North Carolina291417.2%5.63%#477
Maryland22124.6%5.81%#400
Arizona2090.0%5.99%#419
Illinois18105.6%6.00%#609
Tennessee16918.8%5.63%#570
Minnesota1260.0%6.38%#446
Kentucky9311.1%5.63%#430
Alabama850.0%5.88%#513
Utah640.0%5.75%#317

Frequently asked questions

Loanflight Lending denied 11.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 44th percentile of small mortgage lenders.

The most common reason Loanflight Lending gave in 2025 was "collateral", cited on 23.5% 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 Loanflight Lending originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was -0.23 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 27% of its applications were for home purchases, 73% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 77% conventional, 13% 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.

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 Loanflight Lending. Data sources · Methodology