Mortgage lender · Emeryville, CA · LEI 549300EKFFG3BU8DNX74

Nexera Holding review: approval odds, rates and grade (2025)

Nexera Holding earns a D, weaker than most mid-size mortgage lenders. It turned down 14.1% of the applications it decided on in 2025, which ranks in the 37th percentile for approval odds. Its median loan was priced 1.01 points above the average prime offer rate, ranking in the 5th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

11kApplications2025
54.4%Originatedof applications
14.1%Decision denial ratenational 22.6%
7.38%Median ratenational 6.63%
$3.1BLoan volume49 states

Nexera Holding at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

9.1%Denial rate (all applications)-8.89 pts vs national
14.1%Denial rate (decided applications)-8.47 pts vs national
54.4%Origination rate-3.61 pts vs national
24.4%Withdrawn by applicant
11.2%Closed for incompleteness
7.38%Median interest rate+0.75 pts vs national
1.01Median rate spread (pts over APOR)+0.75 pts vs national
$345,000Median loan amount
$11,256Median total loan costs
$230kMedian applicant income
75%Median loan-to-value
0High-cost (HOEPA) loans

How the D grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

37th14.1% denied

Pricingmedian rate spread over APOR, weight 30%

5th1.01 pts

Processwithdrawn + incomplete share, weight 15%

5th35.6%

Closing coststotal loan costs ÷ loan amount, weight 10%

18th3.26% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20235,9262,7805.8%10.8%8.50%$1.4B
20248,5234,9235.2%8.2%7.75%$2.5B
202510,6615,8029.1%14.1%7.38%$3.1B

What Nexera Holding 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

Home purchase 4,729 44% · 7.0% denied
Refinance 1,293 12% · 11.4% denied
Cash-out refinance 4,637 43% · 10.6% denied
Other / HELOC 2 0% · 0.0% denied

By loan type

Conventional 10,568 99% · 9.1% denied
FHA 92 1% · 9.8% denied
VA 1 0% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 4,661 investment properties.

Why Nexera Holding denies applications

Primary reason reported for each of the 969 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Other 540 56%
Collateral 164 17%
Debt-to-income ratio 99 10%
Credit history 71 7%
Unverifiable information 35 4%
Insufficient cash 31 3%
Incomplete application 28 3%
Employment history 1 0%

How these reasons compare nationally →

Who gets approved at Nexera Holding

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k1332649.1%
$50k – $100k88142616.0%
$100k – $150k1,13462212.6%
$150k – $250k1,52687211.5%
Over $250k3,2451,87311.4%
Applicant ageApplicationsOriginatedDecision denial rate
Under 251296413.2%
25–341,25667811.9%
35–443,1841,73414.6%
45–542,9921,67613.9%
55–641,9841,07714.9%
65–7480942413.3%
Over 7430714917.8%

Where Nexera Holding lends

49 states and 916 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California2,9721,7558.0%7.38%#69
Florida1,33767411.1%7.38%#123
Texas1,19256611.5%7.38%#156
Arizona6433587.0%7.38%#96
Georgia3391835.9%7.38%#190
New Jersey3321798.7%7.38%#155
Washington3311907.9%7.25%#137
Illinois29816810.7%7.63%#190
Pennsylvania2531435.1%7.63%#243
North Carolina2301188.3%7.50%#221
Colorado2171197.4%7.13%#175
Ohio21611311.1%7.50%#226
Utah20111111.0%7.13%#99
Michigan190919.5%7.63%#217
Oregon1771157.9%7.25%#127
South Carolina1751029.1%7.38%#195
Nevada168917.7%7.13%#113
Tennessee152829.2%7.25%#255
Connecticut1417912.1%7.50%#139
Hawaii107678.4%7.38%#58
Maryland993616.2%7.63%#229
Virginia86454.7%7.38%#305
Louisiana68357.4%7.50%#218
Indiana67469.0%7.63%#318
New Mexico603110.0%7.50%#134
Alabama52249.6%7.25%#305
Minnesota472312.8%7.25%#303
Kentucky45288.9%7.38%#280
Wisconsin452213.3%7.38%#342
Oklahoma431711.6%7.13%#274
Missouri421911.9%7.25%#361
Arkansas40195.0%6.88%#221
Idaho382010.5%7.19%#183
Kansas371616.2%7.13%#254
Massachusetts37258.1%7.25%#360
Delaware29193.5%7.38%#156
Rhode Island291210.3%7.63%#126
Alaska211014.3%7.63%#79
New Hampshire2095.0%7.88%#192
District of Columbia18110.0%7.63%#138
Montana15116.7%7.13%#155
Nebraska12333.3%7.25%#238
Iowa1070.0%7.50%#351
Maine10010.0%#222
West Virginia6416.7%7.38%#297
Vermont530.0%8.13%#150

Frequently asked questions

Nexera Holding denied 14.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 37th percentile of mid-size mortgage lenders.

The most common reason Nexera Holding gave in 2025 was "other", cited on 55.7% 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 Nexera Holding originated in 2025 was 7.38%, and its median rate spread over the average prime offer rate was 1.01 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 44% of its applications were for home purchases, 56% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 99% conventional, 1% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Nexera Holding. Data sources · Methodology