Neighborhood Mortgage Solutions 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 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%
38th12.5% deniedPricingmedian rate spread over APOR, weight 30%
62nd0.18 ptsProcesswithdrawn + incomplete share, weight 15%
10th25.5%Closing coststotal loan costs ÷ loan amount, weight 10%
20th2.96% of loanTrend, 2024–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2024 | 258 | 76 | 23.3% | 43.5% | 6.64% | $12M |
| 2025 | 204 | 133 | 9.3% | 12.5% | 6.00% | $24M |
What Neighborhood Mortgage Solutions 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: 16 home-equity lines, 0 reverse mortgages, 18 manufactured homes, 7 investment properties.
Why Neighborhood Mortgage Solutions denies applications
Primary reason reported for each of the 19 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Neighborhood Mortgage Solutions
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 45 | 22 | 24.1% |
| $50k – $100k | 93 | 60 | 11.8% |
| $100k – $150k | 40 | 32 | 8.6% |
| $150k – $250k | 22 | 19 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 52 | 34 | 5.6% |
| 35–44 | 38 | 27 | 10.0% |
| 45–54 | 35 | 25 | 16.7% |
| 55–64 | 37 | 25 | 16.7% |
Where Neighborhood Mortgage Solutions lends
6 states and 41 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Michigan | 67 | 52 | 7.5% | 6.38% | #322 |
| North Carolina | 54 | 52 | 1.9% | 5.85% | #387 |
| South Carolina | 42 | 26 | 11.9% | 6.13% | #368 |
| Florida | 6 | 2 | 16.7% | 7.31% | #1,047 |
Frequently asked questions
Neighborhood Mortgage Solutions denied 12.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 38th percentile of small mortgage lenders.
The most common reason Neighborhood Mortgage Solutions gave in 2025 was "credit history", cited on 68.4% 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 Mortgage Solutions originated in 2025 was 6.00%, and its median rate spread over the average prime offer rate was 0.18 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 53% of its applications were for home purchases, 25% for refinancing (including cash-out), and 22% for home improvement or other purposes. By loan type: 99% 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.