OCMBC 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 101 large mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
63rd12.7% deniedPricingmedian rate spread over APOR, weight 30%
15th0.77 ptsProcesswithdrawn + incomplete share, weight 15%
43rd20.8%Closing coststotal loan costs ÷ loan amount, weight 10%
8th4.13% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 16,910 | 8,891 | 20.3% | 22.8% | 7.88% | $3.6B |
| 2024 | 23,670 | 12,877 | 15.0% | 17.7% | 7.50% | $5.3B |
| 2025 | 29,739 | 16,337 | 10.0% | 12.7% | 7.00% | $6.8B |
What OCMBC 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: 266 home-equity lines, 0 reverse mortgages, 273 manufactured homes, 11,503 investment properties.
Why OCMBC denies applications
Primary reason reported for each of the 2,981 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at OCMBC
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 578 | 182 | 31.2% |
| $50k – $100k | 4,443 | 2,285 | 16.9% |
| $100k – $150k | 5,051 | 2,972 | 11.0% |
| $150k – $250k | 4,780 | 2,825 | 10.2% |
| Over $250k | 4,641 | 2,639 | 10.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 775 | 399 | 15.7% |
| 25–34 | 5,002 | 2,867 | 11.3% |
| 35–44 | 8,792 | 4,999 | 12.2% |
| 45–54 | 7,836 | 4,259 | 12.5% |
| 55–64 | 4,873 | 2,563 | 13.5% |
| 65–74 | 1,833 | 941 | 14.3% |
| Over 74 | 606 | 294 | 19.8% |
Where OCMBC lends
49 states and 1,264 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 12,176 | 7,327 | 6.1% | 6.75% | #18 |
| Florida | 3,226 | 1,580 | 14.8% | 7.13% | #62 |
| Texas | 2,459 | 1,270 | 9.8% | 7.25% | #82 |
| Maryland | 1,123 | 564 | 17.5% | 7.50% | #52 |
| Georgia | 851 | 412 | 10.1% | 7.13% | #109 |
| Illinois | 814 | 454 | 14.5% | 7.38% | #93 |
| Arizona | 809 | 439 | 8.4% | 7.13% | #83 |
| Nevada | 644 | 368 | 12.1% | 7.00% | #44 |
| Massachusetts | 576 | 335 | 14.1% | 7.25% | #74 |
| Virginia | 556 | 312 | 19.6% | 7.38% | #106 |
| Colorado | 473 | 257 | 10.6% | 7.13% | #107 |
| Ohio | 452 | 229 | 7.7% | 7.50% | #151 |
| North Carolina | 424 | 201 | 11.6% | 7.50% | #154 |
| Michigan | 395 | 177 | 11.7% | 7.25% | #148 |
| Pennsylvania | 388 | 207 | 12.1% | 7.50% | #196 |
| Tennessee | 362 | 165 | 15.5% | 7.06% | #140 |
| Washington | 345 | 187 | 8.7% | 6.88% | #134 |
| New Jersey | 333 | 164 | 12.6% | 7.38% | #154 |
| Connecticut | 303 | 150 | 13.9% | 7.50% | #77 |
| Indiana | 278 | 152 | 7.6% | 7.50% | #167 |
| Alabama | 248 | 132 | 8.9% | 6.75% | #136 |
| Louisiana | 245 | 104 | 20.0% | 7.38% | #100 |
| South Carolina | 229 | 123 | 12.2% | 7.00% | #172 |
| Missouri | 202 | 108 | 13.9% | 7.25% | #184 |
| Oregon | 198 | 94 | 15.7% | 7.00% | #119 |
| Oklahoma | 187 | 102 | 11.2% | 7.00% | #132 |
| Utah | 182 | 112 | 8.2% | 7.00% | #104 |
| Wisconsin | 150 | 85 | 10.0% | 7.50% | #202 |
| Minnesota | 136 | 67 | 15.4% | 7.31% | #170 |
| Rhode Island | 113 | 60 | 5.3% | 7.50% | #64 |
| Kentucky | 111 | 44 | 11.7% | 7.00% | #196 |
| Kansas | 86 | 46 | 11.6% | 7.44% | #179 |
| Idaho | 79 | 43 | 17.7% | 6.88% | #129 |
| District of Columbia | 69 | 29 | 21.7% | 7.00% | #59 |
| Arkansas | 61 | 33 | 8.2% | 7.00% | #192 |
| New Mexico | 60 | 26 | 13.3% | 7.12% | #135 |
| Hawaii | 55 | 22 | 21.8% | 7.12% | #85 |
| Mississippi | 47 | 28 | 8.5% | 7.00% | #174 |
| Maine | 44 | 15 | 29.6% | 7.38% | #132 |
| New Hampshire | 44 | 19 | 6.8% | 7.13% | #141 |
| Alaska | 30 | 14 | 16.7% | 7.06% | #70 |
| Delaware | 29 | 19 | 13.8% | 7.25% | #157 |
| Iowa | 28 | 10 | 10.7% | 7.06% | #273 |
| West Virginia | 26 | 15 | 7.7% | 7.13% | #184 |
| Montana | 23 | 11 | 8.7% | 7.00% | #136 |
| South Dakota | 23 | 3 | 21.7% | 7.25% | #99 |
| Nebraska | 22 | 12 | 18.2% | 7.31% | #196 |
| North Dakota | 17 | 9 | 29.4% | 7.63% | #114 |
| Wyoming | 8 | 2 | 25.0% | 8.25% | #154 |
Frequently asked questions
OCMBC denied 12.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 63rd percentile of large mortgage lenders.
The most common reason OCMBC gave in 2025 was "incomplete application", cited on 33.0% 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 OCMBC originated in 2025 was 7.00%, and its median rate spread over the average prime offer rate was 0.77 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 55% of its applications were for home purchases, 45% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 80% conventional, 18% FHA, 2% 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.