Neighborhood 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%
0th62.9% deniedPricingmedian rate spread over APOR, weight 30%
17th0.76 ptsProcesswithdrawn + incomplete share, weight 15%
95th0.2%Closing coststotal loan costs ÷ loan amount, weight 10%
48th1.98% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 50 | 22 | 46.0% | 47.9% | 7.69% | $2.1M |
| 2024 | 62 | 37 | 40.3% | 40.3% | 7.75% | $3.7M |
| 2025 | 456 | 168 | 62.7% | 62.9% | 6.49% | $19M |
What Neighborhood 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: 10 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 0 investment properties.
Why Neighborhood denies applications
Primary reason reported for each of the 286 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Neighborhood
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 62 | 11 | 82.3% |
| $50k – $100k | 139 | 43 | 69.1% |
| $100k – $150k | 125 | 47 | 62.4% |
| $150k – $250k | 91 | 52 | 41.1% |
| Over $250k | 35 | 15 | 57.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 24 | 10 | 58.3% |
| 35–44 | 114 | 45 | 59.7% |
| 45–54 | 122 | 42 | 65.6% |
| 55–64 | 94 | 32 | 66.0% |
| 65–74 | 74 | 26 | 64.4% |
| Over 74 | 28 | 13 | 53.6% |
Where Neighborhood lends
1 states and 20 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 456 | 168 | 62.7% | 6.49% | #277 |
Frequently asked questions
Neighborhood denied 62.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 0th percentile of small mortgage lenders.
The most common reason Neighborhood gave in 2025 was "other", cited on 66.1% 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 Neighborhood originated in 2025 was 6.49%, and its median rate spread over the average prime offer rate was 0.76 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 0% of its applications were for home purchases, 8% for refinancing (including cash-out), and 92% 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.