Mortgage lender · Beavercreek, OH · LEI 5493006HFDG31YJ3MM36

Mycumortgage review: approval odds, rates and grade (2025)

Mycumortgage earns a D, weaker than most small mortgage lenders. It turned down 23.5% of the applications it decided on in 2025, which ranks in the 14th percentile for approval odds. Its median loan was priced 0.65 points above the average prime offer rate, ranking in the 22nd percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

483Applications2025
52.4%Originatedof applications
23.5%Decision denial ratenational 22.6%
6.75%Median ratenational 6.63%
$54MLoan volume22 states

Mycumortgage at a glance, 2025

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

18.0%Denial rate (all applications)+0.03 pts vs national
23.5%Denial rate (decided applications)+0.86 pts vs national
52.4%Origination rate-5.65 pts vs national
12.8%Withdrawn by applicant
10.4%Closed for incompleteness
6.75%Median interest rate+0.13 pts vs national
0.65Median rate spread (pts over APOR)+0.40 pts vs national
$165,000Median loan amount
$7,063Median total loan costs
$78kMedian applicant income
97%Median loan-to-value
0High-cost (HOEPA) loans

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%

14th23.5% denied

Pricingmedian rate spread over APOR, weight 30%

22nd0.65 pts

Processwithdrawn + incomplete share, weight 15%

13th23.2%

Closing coststotal loan costs ÷ loan amount, weight 10%

8th4.28% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202352130520.9%24.6%7.13%$51M
202454837215.7%17.7%6.75%$65M
202548325318.0%23.5%6.75%$54M

What Mycumortgage 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 322 67% · 10.3% denied
Refinance 28 6% · 35.7% denied
Cash-out refinance 133 28% · 33.1% denied

By loan type

Conventional 235 49% · 24.3% denied
FHA 227 47% · 8.8% denied
VA 14 3% · 42.9% denied
USDA / RHS 7 1% · 57.1% denied

Also: 0 home-equity lines, 0 reverse mortgages, 22 manufactured homes, 20 investment properties.

Why Mycumortgage denies applications

Primary reason reported for each of the 87 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 38 44%
Debt-to-income ratio 28 32%
Collateral 14 16%
Employment history 3 3%
Other 2 2%
Unverifiable information 1 1%
Insufficient cash 1 1%

How these reasons compare nationally →

Who gets approved at Mycumortgage

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k422929.3%
$50k – $100k1511378.1%
$100k – $150k67607.7%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25453013.2%
25–341258211.0%
35–44985323.1%
45–54864124.6%
55–64843438.5%
65–74371043.5%

Where Mycumortgage lends

22 states and 187 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Ohio19511916.9%6.75%#243
Indiana592420.3%6.25%#334
Kentucky31259.7%6.75%#306
California291413.8%6.38%#598
Virginia221318.2%6.75%#481
Michigan20145.0%6.56%#439
New Mexico19221.1%6.25%#207
West Virginia18622.2%6.75%#207
North Carolina17435.3%6.50%#547
Florida15813.3%6.25%#825
South Carolina13446.2%6.75%#509
Tennessee10120.0%6.75%#630
Louisiana970.0%6.25%#386
Illinois750.0%6.75%#732
Texas7128.6%6.75%#1,018

Frequently asked questions

Mycumortgage denied 23.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 14th percentile of small mortgage lenders.

The most common reason Mycumortgage gave in 2025 was "credit history", cited on 43.7% 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 Mycumortgage originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.65 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 67% of its applications were for home purchases, 33% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 49% conventional, 47% FHA, 3% 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 Mycumortgage. Data sources · Methodology