New Day Financial · District of Columbia · 2025

New Day Financial in District of Columbia: approval rate, denial rate and rates (2025)

New Day Financial took 21 mortgage applications in District of Columbia in 2025, ranking #116 of 473 lenders active in the state. It originated 9.5% of them and denied 19.1% (66.7% of the applications it decided), against a statewide denial rate of 18.1%.

21Applicationsin DC
66.7%Decision denial ratestate 23.7%
7.12%Median ratestate 6.50%
$315,000Median loanstate $405,000
$420kVolume1 counties

New Day Financial in District of Columbia vs the state

19.1%Denial rate+0.99 pts vs state
66.7%Decision denial rate+42.93 pts vs state
9.5%Origination rate-45.99 pts vs state
7.12%Median rate+0.62 pts vs state
0.82Rate spread (pts)+0.77 pts vs state
$95kMedian applicant income
2Loans originated
4Denied

Trend in District of Columbia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322013.6%#105
202422140.9%7.49%#110
202521219.1%7.12%#116

What New Day Financial lends in District of Columbia

By loan purpose

Cash-out refinance 19 90% · 21.1% denied
Other / HELOC 2 10% · 0.0% denied

By loan type

FHA 2 10% · 0.0% denied
VA 19 90% · 21.1% denied

Why it denied District of Columbia applicants

Credit history 4 100%

Where in District of Columbia

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
District of Columbia 2124 19.0%

Other large lenders in District of Columbia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 78628.5%7.75%
Rocket MortgageC 67120.7%6.63%
Bank of AmericaF 54633.2%5.99%
First Savings MortgageA 5440.9%6.50%
Truist BankC 52941.2%6.25%
PNC BankD 46731.5%6.25%
JPMorgan Chase BankB 4597.6%6.38%
CitibankB 4179.6%6.00%
First Home MortgageB 3592.5%6.63%
NewrezD 35323.5%6.63%

Frequently asked questions

District of Columbia: 21 applications in 2025, of which 2 were originated and 4 denied.

19.1% of all applications, or 66.7% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.

The median rate on loans New Day Financial originated in District of Columbia in 2025 was 7.12%, against a statewide median of 6.50%.

About this data. Figures are New Day Financial's own HMDA filing for properties located in District of Columbia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology