LoanUnited.com at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C 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%
27th17.6% deniedPricingmedian rate spread over APOR, weight 30%
84th-0.06 ptsProcesswithdrawn + incomplete share, weight 15%
1st54.7%Closing coststotal loan costs ÷ loan amount, weight 10%
32nd2.75% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 3,143 | 934 | 5.7% | 16.0% | 6.38% | $332M |
| 2024 | 5,882 | 2,436 | 2.1% | 4.7% | 6.00% | $885M |
| 2025 | 11,293 | 4,203 | 8.0% | 17.6% | 6.00% | $1.6B |
What LoanUnited.com 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: 1 home-equity lines, 0 reverse mortgages, 107 manufactured homes, 68 investment properties.
Why LoanUnited.com denies applications
Primary reason reported for each of the 901 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at LoanUnited.com
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 555 | 139 | 43.1% |
| $50k – $100k | 3,160 | 1,176 | 25.6% |
| $100k – $150k | 2,457 | 1,061 | 16.3% |
| $150k – $250k | 1,564 | 631 | 17.4% |
| Over $250k | 341 | 118 | 14.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 274 | 135 | 8.1% |
| 25–34 | 2,137 | 914 | 11.6% |
| 35–44 | 2,683 | 1,086 | 14.5% |
| 45–54 | 2,251 | 835 | 20.0% |
| 55–64 | 1,954 | 662 | 22.9% |
| 65–74 | 1,283 | 369 | 24.5% |
| Over 74 | 711 | 202 | 21.4% |
Where LoanUnited.com lends
46 states and 1,369 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Florida | 1,288 | 416 | 9.7% | 6.13% | #128 |
| California | 1,232 | 409 | 8.1% | 6.00% | #149 |
| Texas | 1,167 | 477 | 6.4% | 6.13% | #158 |
| Georgia | 1,000 | 412 | 6.7% | 6.13% | #94 |
| Virginia | 730 | 330 | 7.0% | 6.13% | #95 |
| Arizona | 628 | 273 | 6.4% | 6.13% | #98 |
| North Carolina | 476 | 157 | 6.7% | 5.99% | #141 |
| Tennessee | 424 | 157 | 9.2% | 5.99% | #127 |
| Colorado | 375 | 169 | 6.4% | 5.88% | #128 |
| Maryland | 335 | 107 | 8.1% | 5.99% | #116 |
| Ohio | 305 | 101 | 10.2% | 6.13% | #190 |
| Washington | 275 | 110 | 7.3% | 6.00% | #160 |
| Pennsylvania | 273 | 96 | 8.1% | 6.00% | #237 |
| South Carolina | 263 | 100 | 6.5% | 6.13% | #154 |
| Alabama | 228 | 68 | 9.7% | 6.13% | #144 |
| New Jersey | 204 | 70 | 10.8% | 6.25% | #195 |
| Michigan | 194 | 70 | 7.2% | 5.99% | #213 |
| Oklahoma | 174 | 60 | 8.6% | 6.13% | #138 |
| Nevada | 168 | 55 | 11.9% | 5.99% | #112 |
| Illinois | 157 | 62 | 8.3% | 6.13% | #288 |
| Oregon | 155 | 50 | 11.6% | 5.88% | #141 |
| Indiana | 128 | 45 | 7.0% | 5.75% | #244 |
| Minnesota | 95 | 33 | 9.5% | 6.00% | #214 |
| Wisconsin | 89 | 29 | 10.1% | 6.25% | #268 |
| Kentucky | 87 | 30 | 10.3% | 6.25% | #222 |
| Kansas | 83 | 30 | 8.4% | 6.00% | #182 |
| Arkansas | 79 | 27 | 15.2% | 6.00% | #170 |
| Nebraska | 70 | 47 | 1.4% | 6.13% | #126 |
| Louisiana | 68 | 24 | 8.8% | 6.13% | #217 |
| Connecticut | 61 | 18 | 3.3% | 5.75% | #210 |
| New Mexico | 61 | 18 | 4.9% | 5.87% | #131 |
| Mississippi | 59 | 26 | 8.5% | 5.99% | #161 |
| Alaska | 53 | 21 | 5.7% | 6.13% | #62 |
| New Hampshire | 50 | 21 | 4.0% | 5.63% | #130 |
| Wyoming | 46 | 28 | 6.5% | 6.31% | #74 |
| Iowa | 43 | 13 | 18.6% | 6.25% | #234 |
| Delaware | 42 | 12 | 7.1% | 6.12% | #130 |
| Maine | 42 | 9 | 14.3% | 6.50% | #133 |
| Massachusetts | 39 | 16 | 5.1% | 5.75% | #353 |
| South Dakota | 23 | 6 | 21.7% | 6.13% | #100 |
| District of Columbia | 7 | 1 | 0.0% | 5.50% | #222 |
| Idaho | 5 | 0 | 0.0% | — | #343 |
| Missouri | 5 | 0 | 0.0% | — | #591 |
Frequently asked questions
LoanUnited.com denied 17.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 27th percentile of mid-size mortgage lenders.
The most common reason LoanUnited.com gave in 2025 was "credit history", cited on 39.8% 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 LoanUnited.com originated in 2025 was 6.00%, and its median rate spread over the average prime offer rate was -0.06 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 28% of its applications were for home purchases, 72% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 10% conventional, 40% FHA, 50% 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.