Mortgageone 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%
64th6.5% deniedPricingmedian rate spread over APOR, weight 30%
34th0.35 ptsProcesswithdrawn + incomplete share, weight 15%
5th34.9%Closing coststotal loan costs ÷ loan amount, weight 10%
47th2.34% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 559 | 382 | 1.8% | 2.4% | 7.00% | $153M |
| 2024 | 1,362 | 886 | 1.7% | 2.5% | 6.75% | $386M |
| 2025 | 2,827 | 1,694 | 4.2% | 6.5% | 6.63% | $798M |
What Mortgageone 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, 106 manufactured homes, 295 investment properties.
Why Mortgageone denies applications
Primary reason reported for each of the 119 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Mortgageone
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 121 | 49 | 24.6% |
| $50k – $100k | 717 | 416 | 8.2% |
| $100k – $150k | 644 | 416 | 3.0% |
| $150k – $250k | 678 | 421 | 3.6% |
| Over $250k | 433 | 252 | 7.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 134 | 81 | 8.0% |
| 25–34 | 732 | 450 | 5.6% |
| 35–44 | 817 | 473 | 7.1% |
| 45–54 | 525 | 306 | 6.0% |
| 55–64 | 373 | 232 | 8.1% |
| 65–74 | 175 | 106 | 0.9% |
| Over 74 | 70 | 46 | 11.5% |
Where Mortgageone lends
42 states and 454 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 1,349 | 792 | 3.6% | 6.63% | #140 |
| Arizona | 252 | 166 | 2.8% | 6.63% | #159 |
| Florida | 206 | 144 | 2.9% | 6.50% | #363 |
| Utah | 157 | 99 | 5.7% | 6.75% | #112 |
| Texas | 124 | 54 | 6.5% | 6.63% | #507 |
| Georgia | 80 | 43 | 2.5% | 6.63% | #367 |
| Alabama | 65 | 36 | 10.8% | 6.63% | #278 |
| Washington | 64 | 49 | 1.6% | 6.63% | #277 |
| Virginia | 50 | 31 | 2.0% | 6.63% | #377 |
| Oregon | 46 | 26 | 6.5% | 6.81% | #237 |
| Colorado | 43 | 27 | 4.7% | 6.25% | #321 |
| Missouri | 42 | 33 | 2.4% | 6.13% | #363 |
| Tennessee | 39 | 22 | 2.6% | 6.63% | #450 |
| Nevada | 34 | 25 | 0.0% | 6.75% | #240 |
| Indiana | 25 | 10 | 0.0% | 7.13% | #431 |
| South Carolina | 25 | 17 | 12.0% | 6.75% | #417 |
| North Carolina | 24 | 14 | 4.2% | 6.63% | #497 |
| Maryland | 22 | 8 | 9.1% | 7.00% | #401 |
| Illinois | 21 | 15 | 4.8% | 6.75% | #586 |
| Michigan | 18 | 8 | 5.6% | 7.25% | #451 |
| Idaho | 16 | 11 | 12.5% | 6.75% | #238 |
| Ohio | 16 | 8 | 6.3% | 6.56% | #558 |
| Oklahoma | 15 | 6 | 26.7% | 7.06% | #357 |
| Louisiana | 10 | 6 | 0.0% | 6.25% | #379 |
| Arkansas | 8 | 4 | 12.5% | 7.44% | #351 |
| Kentucky | 8 | 2 | 0.0% | 6.63% | #441 |
| New Mexico | 8 | 4 | 25.0% | 6.31% | #269 |
| Pennsylvania | 7 | 5 | 0.0% | 7.25% | #738 |
| Wyoming | 7 | 4 | 14.3% | 6.63% | #171 |
| Iowa | 6 | 4 | 0.0% | 5.94% | #394 |
| West Virginia | 6 | 5 | 0.0% | 6.88% | #296 |
| Minnesota | 5 | 1 | 20.0% | 6.88% | #544 |
| Montana | 5 | 3 | 0.0% | 6.75% | #240 |
| Wisconsin | 5 | 4 | 0.0% | 7.31% | #580 |
Frequently asked questions
Mortgageone denied 6.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 64th percentile of mid-size mortgage lenders.
The most common reason Mortgageone gave in 2025 was "debt-to-income ratio", cited on 30.3% 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 Mortgageone originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.35 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 75% of its applications were for home purchases, 25% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 55% conventional, 24% FHA, 20% 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.