New West Lending at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
82nd3.3% deniedPricingmedian rate spread over APOR, weight 30%
54th0.23 ptsProcesswithdrawn + incomplete share, weight 15%
29th16.7%Closing coststotal loan costs ÷ loan amount, weight 10%
16th3.17% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 219 | 177 | 5.0% | 5.9% | 6.63% | $63M |
| 2024 | 209 | 149 | 5.7% | 7.5% | 6.50% | $53M |
| 2025 | 180 | 145 | 2.8% | 3.3% | 6.38% | $56M |
What New West 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: 1 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 8 investment properties.
Why New West Lending denies applications
Primary reason reported for each of the 5 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at New West Lending
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 78 | 64 | 4.5% |
| $100k – $150k | 43 | 30 | 6.3% |
| $150k – $250k | 31 | 27 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 22 | 20 | 0.0% |
| 25–34 | 48 | 39 | 4.9% |
| 35–44 | 29 | 24 | 0.0% |
| 45–54 | 42 | 30 | 9.1% |
| 55–64 | 28 | 23 | 0.0% |
Where New West Lending lends
5 states and 15 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Arizona | 163 | 135 | 2.5% | 6.38% | #194 |
| California | 13 | 7 | 0.0% | 6.63% | #705 |
Frequently asked questions
New West Lending denied 3.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 82nd percentile of small mortgage lenders.
The most common reason New West Lending gave in 2025 was "debt-to-income ratio", cited on 40.0% 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 New West Lending originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was 0.23 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 70% of its applications were for home purchases, 30% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 43% conventional, 48% FHA, 8% 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.