North American Savings Bank 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%
33rd14.0% deniedPricingmedian rate spread over APOR, weight 30%
55th0.23 ptsProcesswithdrawn + incomplete share, weight 15%
15th22.0%Closing coststotal loan costs ÷ loan amount, weight 10%
31st2.45% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,827 | 1,076 | 17.4% | 22.5% | 6.75% | $427M |
| 2024 | 1,135 | 750 | 13.0% | 16.4% | 6.88% | $312M |
| 2025 | 980 | 644 | 10.9% | 14.0% | 6.75% | $269M |
What North American Savings Bank 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, 1 manufactured homes, 175 investment properties.
Why North American Savings Bank denies applications
Primary reason reported for each of the 107 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at North American Savings Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 33 | 14 | 33.3% |
| $50k – $100k | 206 | 135 | 15.0% |
| $100k – $150k | 187 | 122 | 12.6% |
| $150k – $250k | 213 | 134 | 14.4% |
| Over $250k | 169 | 102 | 16.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 22 | 16 | 10.5% |
| 25–34 | 169 | 108 | 9.9% |
| 35–44 | 246 | 159 | 18.6% |
| 45–54 | 211 | 136 | 12.6% |
| 55–64 | 162 | 93 | 20.7% |
| 65–74 | 81 | 51 | 16.1% |
| Over 74 | 21 | 14 | 6.7% |
Where North American Savings Bank lends
49 states and 442 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Missouri | 107 | 70 | 15.0% | 6.63% | #259 |
| Virginia | 78 | 59 | 7.7% | 6.13% | #314 |
| Florida | 74 | 46 | 16.2% | 7.00% | #537 |
| Texas | 70 | 42 | 8.6% | 6.75% | #637 |
| North Carolina | 52 | 31 | 11.5% | 7.00% | #395 |
| California | 42 | 31 | 4.8% | 6.88% | #547 |
| Georgia | 42 | 20 | 19.1% | 6.56% | #462 |
| Alaska | 40 | 37 | 0.0% | 5.99% | #67 |
| Kansas | 35 | 19 | 5.7% | 6.38% | #257 |
| Arizona | 30 | 21 | 6.7% | 7.00% | #376 |
| New Jersey | 30 | 13 | 20.0% | 7.00% | #406 |
| Michigan | 29 | 20 | 6.9% | 6.56% | #393 |
| Ohio | 29 | 15 | 20.7% | 7.25% | #470 |
| South Carolina | 24 | 19 | 4.2% | 6.99% | #423 |
| Washington | 23 | 15 | 17.4% | 6.63% | #375 |
| Pennsylvania | 20 | 13 | 15.0% | 7.38% | #601 |
| Massachusetts | 19 | 9 | 15.8% | 7.50% | #419 |
| Maryland | 19 | 11 | 10.5% | 6.63% | #414 |
| Tennessee | 19 | 12 | 15.8% | 6.75% | #546 |
| Colorado | 15 | 11 | 6.7% | 7.13% | #453 |
| Nevada | 13 | 7 | 23.1% | 7.00% | #299 |
| Alabama | 12 | 9 | 0.0% | 7.50% | #454 |
| Illinois | 12 | 10 | 0.0% | 7.75% | #664 |
| Indiana | 12 | 9 | 0.0% | 7.00% | #523 |
| Minnesota | 11 | 8 | 18.2% | 6.88% | #449 |
| Louisiana | 9 | 4 | 0.0% | 7.69% | #388 |
| Arkansas | 8 | 4 | 0.0% | 7.63% | #354 |
| Kentucky | 8 | 7 | 12.5% | 6.63% | #443 |
| Mississippi | 8 | 5 | 12.5% | 7.38% | #299 |
| Wisconsin | 8 | 7 | 12.5% | 7.25% | #506 |
| New Hampshire | 7 | 3 | 0.0% | 6.75% | #296 |
| Utah | 7 | 6 | 0.0% | 6.69% | #316 |
| Connecticut | 6 | 4 | 16.7% | 7.88% | #430 |
| Idaho | 6 | 5 | 0.0% | 6.75% | #321 |
| District of Columbia | 5 | 2 | 40.0% | 7.13% | #238 |
| Maine | 5 | 4 | 0.0% | 6.12% | #276 |
| New York | 5 | 3 | 20.0% | 6.25% | #515 |
| Oklahoma | 5 | 4 | 20.0% | 7.75% | #493 |
| West Virginia | 5 | 4 | 20.0% | 7.12% | #310 |
Frequently asked questions
North American Savings Bank denied 14.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 33rd percentile of small mortgage lenders.
The most common reason North American Savings Bank gave in 2025 was "incomplete application", cited on 29.0% 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 North American Savings Bank originated in 2025 was 6.75%, 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, 72% of its applications were for home purchases, 23% for refinancing (including cash-out), and 5% for home improvement or other purposes. By loan type: 74% conventional, 6% FHA, 20% 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.