Nest Home Lending at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A 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%
95th0.8% deniedPricingmedian rate spread over APOR, weight 30%
99th-0.91 ptsProcesswithdrawn + incomplete share, weight 15%
32nd15.7%Closing coststotal loan costs ÷ loan amount, weight 10%
23rd2.77% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 772 | 544 | 2.9% | 3.9% | 5.63% | $231M |
| 2024 | 893 | 728 | 1.5% | 1.8% | 5.50% | $263M |
| 2025 | 1,037 | 865 | 0.7% | 0.8% | 5.25% | $316M |
What Nest Home Lending 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, 25 investment properties.
Why Nest Home Lending denies applications
Primary reason reported for each of the 7 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Nest Home Lending
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 422 | 353 | 1.7% |
| $100k – $150k | 419 | 354 | 0.0% |
| $150k – $250k | 143 | 123 | 0.0% |
| Over $250k | 39 | 26 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 98 | 90 | 0.0% |
| 25–34 | 406 | 348 | 0.0% |
| 35–44 | 184 | 148 | 2.6% |
| 45–54 | 139 | 112 | 2.6% |
| 55–64 | 107 | 84 | 0.0% |
| 65–74 | 83 | 65 | 0.0% |
| Over 74 | 20 | 18 | 0.0% |
Where Nest Home Lending lends
3 states and 18 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Nest Home Lending denied 0.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 95th percentile of small mortgage lenders.
The most common reason Nest Home Lending gave in 2025 was "debt-to-income ratio", cited on 85.7% 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 Nest Home Lending originated in 2025 was 5.25%, and its median rate spread over the average prime offer rate was -0.91 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 99% of its applications were for home purchases, 1% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 44% conventional, 44% FHA, 12% 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.