Mortgage lender · Santa Ana, CA · LEI 549300R4F5COFJE0DN81

Ony Glo review: approval odds, rates and grade (2025)

Ony Glo earns a C, in line with the typical performance of mid-size mortgage lenders. It turned down 44.3% of the applications it decided on in 2025, which ranks in the 3rd percentile for approval odds. Its median loan was priced 0.17 points above the average prime offer rate, ranking in the 66th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

1.7kApplications2025
52.3%Originatedof applications
44.3%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$481MLoan volume36 states

Ony Glo at a glance, 2025

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

41.6%Denial rate (all applications)+23.61 pts vs national
44.3%Denial rate (decided applications)+21.68 pts vs national
52.3%Origination rate-5.73 pts vs national
2.6%Withdrawn by applicant
3.5%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.17Median rate spread (pts over APOR)-0.09 pts vs national
$425,000Median loan amount
$6,593Median total loan costs
$171kMedian applicant income
75%Median loan-to-value
0High-cost (HOEPA) loans

How the C 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%

3rd44.3% denied

Pricingmedian rate spread over APOR, weight 30%

66th0.17 pts

Processwithdrawn + incomplete share, weight 15%

93rd6.1%

Closing coststotal loan costs ÷ loan amount, weight 10%

78th1.55% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,37067143.2%46.5%6.75%$359M
20241,25975131.3%34.3%6.88%$411M
20251,65286441.6%44.3%6.63%$481M

What Ony Glo 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 873 53% · 38.1% denied
Refinance 769 47% · 45.6% denied
Cash-out refinance 9 1% · 33.3% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 1,445 87% · 41.5% denied
FHA 171 10% · 42.7% denied
VA 36 2% · 41.7% denied

Also: 21 home-equity lines, 0 reverse mortgages, 6 manufactured homes, 520 investment properties.

Why Ony Glo denies applications

Primary reason reported for each of the 687 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Incomplete application 575 84%
Other 40 6%
Debt-to-income ratio 25 4%
Collateral 15 2%
Credit history 15 2%
Unverifiable information 8 1%
Insufficient cash 5 1%
Employment history 4 1%

How these reasons compare nationally →

Who gets approved at Ony Glo

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k1466454.6%
$50k – $100k21110447.5%
$100k – $150k28414446.5%
$150k – $250k41224037.7%
Over $250k44525538.1%
Applicant ageApplicationsOriginatedDecision denial rate
25–3427214742.1%
35–4448327938.7%
45–5444622246.7%
55–6427411754.3%
65–741236545.8%
Over 74402629.7%

Where Ony Glo lends

36 states and 281 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California94053138.2%6.63%#178
Arizona1107524.6%6.25%#233
Florida1004451.0%7.13%#485
Texas923355.4%6.99%#570
Nevada603236.7%6.93%#189
Washington342123.5%6.62%#334
Illinois331260.6%6.75%#526
North Carolina30863.3%7.31%#471
Georgia28957.1%7.25%#528
Tennessee261426.9%6.69%#501
Indiana221054.6%6.68%#446
Minnesota181127.8%6.13%#397
Colorado16750.0%6.63%#445
Oregon16937.5%6.88%#316
Virginia161125.0%6.38%#515
Maryland15473.3%7.00%#432
New Jersey15553.3%7.25%#488
Michigan11554.6%6.75%#504
Ohio11281.8%6.50%#598
Pennsylvania9366.7%6.88%#704
Idaho8625.0%6.99%#284
South Carolina8450.0%6.19%#571
Utah50100.0%#334

Frequently asked questions

Ony Glo denied 44.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 3rd percentile of mid-size mortgage lenders.

The most common reason Ony Glo gave in 2025 was "incomplete application", cited on 83.7% 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 Ony Glo originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.17 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 53% of its applications were for home purchases, 47% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 87% conventional, 10% 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.

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 Ony Glo. Data sources · Methodology