Ontario Shores at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D 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%
19th20.1% deniedProcesswithdrawn + incomplete share, weight 15%
50th11.5%Closing coststotal loan costs ÷ loan amount, weight 10%
6th4.73% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 185 | 149 | 7.6% | 8.3% | 6.50% | $8.9M |
| 2024 | 192 | 177 | 6.3% | 6.4% | 7.65% | $15M |
| 2025 | 208 | 146 | 17.8% | 20.1% | 7.50% | $11M |
What Ontario Shores 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: 68 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 0 investment properties.
Why Ontario Shores denies applications
Primary reason reported for each of the 37 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Ontario Shores
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 32 | 18 | 40.0% |
| $50k – $100k | 83 | 61 | 17.3% |
| $100k – $150k | 51 | 37 | 21.3% |
| $150k – $250k | 32 | 25 | 3.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 33 | 26 | 3.7% |
| 35–44 | 41 | 24 | 28.6% |
| 45–54 | 44 | 34 | 20.9% |
| 55–64 | 40 | 28 | 15.2% |
| 65–74 | 34 | 26 | 16.1% |
Where Ontario Shores lends
2 states and 4 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New York | 195 | 146 | 18.5% | 7.50% | #207 |
Frequently asked questions
Ontario Shores denied 20.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 19th percentile of small mortgage lenders.
The most common reason Ontario Shores gave in 2025 was "debt-to-income ratio", cited on 45.9% 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 Ontario Shores originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 13% of its applications were for home purchases, 5% for refinancing (including cash-out), and 82% for home improvement or other purposes. By loan type: 100% conventional, 0% 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.