Mortgage lender · Morris Plains, NJ · LEI 549300EFCZM6KD6B8K69

Mortgage Access review: approval odds, rates and grade (2025)

Mortgage Access earns a B, better than most mid-size mortgage lenders. It turned down 5.3% of the applications it decided on in 2025, which ranks in the 71st percentile for approval odds. Its median loan was priced 0.12 points above the average prime offer rate, ranking in the 72nd percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

2.3kApplications2025
69.8%Originatedof applications
5.3%Decision denial ratenational 22.6%
6.49%Median ratenational 6.63%
$673MLoan volume39 states

Mortgage Access at a glance, 2025

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

4.0%Denial rate (all applications)-14.00 pts vs national
5.3%Denial rate (decided applications)-17.27 pts vs national
69.8%Origination rate+11.79 pts vs national
20.2%Withdrawn by applicant
5.0%Closed for incompleteness
6.49%Median interest rate-0.13 pts vs national
0.12Median rate spread (pts over APOR)-0.13 pts vs national
$385,000Median loan amount
$6,467Median total loan costs
$159kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the B 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%

71st5.3% denied

Pricingmedian rate spread over APOR, weight 30%

72nd0.12 pts

Processwithdrawn + incomplete share, weight 15%

18th25.2%

Closing coststotal loan costs ÷ loan amount, weight 10%

73rd1.68% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232,3231,4744.3%6.3%6.75%$531M
20242,0011,3464.8%6.6%6.75%$539M
20252,2601,5784.0%5.3%6.49%$673M

What Mortgage Access 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 2,069 92% · 3.8% denied
Refinance 139 6% · 3.6% denied
Cash-out refinance 52 2% · 11.5% denied

By loan type

Conventional 1,915 85% · 3.3% denied
FHA 200 9% · 9.0% denied
VA 142 6% · 5.6% denied
USDA / RHS 3 0% · 33.3% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 38 investment properties.

Why Mortgage Access denies applications

Primary reason reported for each of the 90 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 35 39%
Collateral 27 30%
Employment history 8 9%
Credit history 7 8%
Insufficient cash 4 4%
Other 4 4%
Unverifiable information 4 4%
Incomplete application 1 1%

How these reasons compare nationally →

Who gets approved at Mortgage Access

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k301145.0%
$50k – $100k3432537.2%
$100k – $150k6214465.0%
$150k – $250k8385974.3%
Over $250k4222663.2%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2541306.3%
25–345824413.7%
35–447124765.3%
45–545223517.1%
55–642751875.9%
65–7486643.0%
Over 7442299.4%

Where Mortgage Access lends

39 states and 466 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
New Jersey8525934.9%6.63%#71
Pennsylvania2051652.9%6.49%#269
Texas1601200.6%6.38%#458
Virginia110828.2%6.50%#281
Michigan109623.7%6.49%#262
Maryland94627.5%6.49%#239
Ohio57273.5%6.63%#392
Tennessee54323.7%6.19%#402
Idaho47320.0%6.49%#167
New York463015.2%6.63%#340
Illinois39220.0%6.25%#496
Florida36222.8%6.31%#655
Georgia35202.9%6.31%#498
North Carolina34300.0%6.50%#452
Oklahoma32300.0%6.63%#297
Massachusetts31193.2%6.25%#374
Minnesota28203.6%6.25%#347
Kentucky27213.7%6.38%#320
Colorado25160.0%6.50%#396
Mississippi21119.5%6.25%#236
Kansas20150.0%6.25%#297
South Carolina20140.0%6.43%#448
Indiana18150.0%6.38%#472
Louisiana18150.0%6.63%#321
Wisconsin18140.0%6.31%#426
California1790.0%6.50%#667
Iowa171211.8%6.49%#309
Alabama16110.0%6.63%#415
Arkansas16110.0%6.49%#301
Washington14120.0%6.19%#423
Connecticut1169.1%6.19%#364
Delaware11110.0%6.49%#225
West Virginia870.0%6.49%#268
Maine540.0%6.38%#288

Frequently asked questions

Mortgage Access denied 5.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 71st percentile of mid-size mortgage lenders.

The most common reason Mortgage Access gave in 2025 was "debt-to-income ratio", cited on 38.9% 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 Mortgage Access originated in 2025 was 6.49%, and its median rate spread over the average prime offer rate was 0.12 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 92% of its applications were for home purchases, 8% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 85% conventional, 9% FHA, 6% 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 Mortgage Access. Data sources · Methodology