Mortgage lender · Fresno, CA · LEI 549300IUGPU6Q7414X38

Murphy Bank review: approval odds, rates and grade (2025)

Murphy Bank earns a C, in line with the typical performance of small mortgage lenders. It turned down 16.9% of the applications it decided on in 2025, which ranks in the 26th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

180Applications2025
53.9%Originatedof applications
16.9%Decision denial ratenational 22.6%
7.95%Median ratenational 6.63%
$22MLoan volume1 states

Murphy Bank at a glance, 2025

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

16.7%Denial rate (all applications)-1.31 pts vs national
16.9%Denial rate (decided applications)-5.74 pts vs national
53.9%Origination rate-4.14 pts vs national
1.1%Withdrawn by applicant
0.0%Closed for incompleteness
7.95%Median interest rate+1.33 pts vs national
Median rate spread (pts over APOR)
$170,000Median loan amount
Median total loan costs
$128kMedian applicant income
57%Median loan-to-value
0High-cost (HOEPA) loans

How the C 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%

26th16.9% denied

Processwithdrawn + incomplete share, weight 15%

93rd1.1%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231245427.4%27.6%8.90%$8.9M
20241296820.2%20.3%8.60%$12M
20251809716.7%16.9%7.95%$22M

What Murphy Bank 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 156 87% · 13.5% denied
Refinance 4 2% · 25.0% denied
Cash-out refinance 7 4% · 42.9% denied
Home improvement 6 3% · 50.0% denied
Other / HELOC 7 4% · 28.6% denied

By loan type

Conventional 180 100% · 16.7% denied

Also: 0 home-equity lines, 0 reverse mortgages, 178 manufactured homes, 6 investment properties.

Who gets approved at Murphy Bank

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k542722.6%
$100k – $150k482712.8%
$150k – $250k533213.2%
Applicant ageApplicationsOriginatedDecision denial rate
55–6448306.4%
65–74492614.3%
Over 74322025.8%

Where Murphy Bank lends

1 states and 21 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California1809716.7%7.95%#379

Frequently asked questions

Murphy Bank denied 16.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 26th percentile of small mortgage lenders.

The median interest rate on loans Murphy Bank originated in 2025 was 7.95%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 87% of its applications were for home purchases, 6% for refinancing (including cash-out), and 7% 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.

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 Murphy Bank. Data sources · Methodology