Montecito Bank & Trust at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D 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%
10th26.7% deniedProcesswithdrawn + incomplete share, weight 15%
38th14.3%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 137 | 83 | 17.5% | 20.5% | — | $92M |
| 2024 | 155 | 75 | 27.1% | 34.7% | — | $55M |
| 2025 | 140 | 82 | 22.9% | 26.7% | — | $61M |
What Montecito Bank & Trust 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, 75 manufactured homes, 24 investment properties.
Who gets approved at Montecito Bank & Trust
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 36 | 16 | 34.5% |
| $100k – $150k | 26 | 13 | 43.5% |
| $150k – $250k | 28 | 15 | 29.2% |
| Over $250k | 31 | 22 | 11.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 24 | 14 | 26.3% |
| 45–54 | 26 | 15 | 26.1% |
| 55–64 | 33 | 19 | 31.0% |
Where Montecito Bank & Trust lends
1 states and 5 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 140 | 82 | 22.9% | — | #402 |
Frequently asked questions
Montecito Bank & Trust denied 26.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 10th percentile of small mortgage lenders.
In 2025, 68% of its applications were for home purchases, 26% 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.