Multiples Mortgage 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%
42nd11.7% deniedPricingmedian rate spread over APOR, weight 30%
11th1.04 ptsProcesswithdrawn + incomplete share, weight 15%
32nd15.8%Closing coststotal loan costs ÷ loan amount, weight 10%
0th8.72% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 348 | 229 | 10.3% | 13.4% | 6.75% | $28M |
| 2024 | 196 | 146 | 7.1% | 8.8% | 7.00% | $22M |
| 2025 | 253 | 185 | 9.9% | 11.7% | 7.00% | $28M |
What Multiples Mortgage 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, 0 manufactured homes, 85 investment properties.
Why Multiples Mortgage denies applications
Primary reason reported for each of the 25 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Multiples Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 96 | 66 | 20.5% |
| $50k – $100k | 62 | 51 | 5.6% |
| $100k – $150k | 30 | 21 | 12.0% |
| $150k – $250k | 21 | 15 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 60 | 50 | 10.7% |
| 35–44 | 57 | 43 | 8.5% |
| 45–54 | 44 | 29 | 12.1% |
| 55–64 | 37 | 27 | 15.2% |
Where Multiples Mortgage lends
2 states and 55 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Puerto Rico | 249 | 183 | 10.0% | 7.00% | #19 |
Frequently asked questions
Multiples Mortgage denied 11.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 42nd percentile of small mortgage lenders.
The most common reason Multiples Mortgage gave in 2025 was "debt-to-income ratio", cited on 44.0% 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 Multiples Mortgage originated in 2025 was 7.00%, and its median rate spread over the average prime offer rate was 1.04 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 77% of its applications were for home purchases, 23% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 81% conventional, 15% FHA, 1% 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.