Mortgage lender · Federal Way, WA · LEI 98450064457HF042AA24

Pacific Equity and Loan review: approval odds, rates and grade (2025)

Pacific Equity and Loan earns a C, in line with the typical performance of investment-property lenders. It turned down 13.4% of the applications it decided on in 2025, which ranks in the 17th percentile for approval odds. Compared against 220 investment-property lenders using 2025 HMDA filings.

276Applications2025
56.9%Originatedof applications
13.4%Decision denial ratenational 22.6%
12.00%Median ratenational 6.63%
$92MLoan volume4 states

Pacific Equity and Loan at a glance, 2025

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

13.4%Denial rate (all applications)-4.57 pts vs national
13.4%Denial rate (decided applications)-9.18 pts vs national
56.9%Origination rate-1.15 pts vs national
0.0%Withdrawn by applicant
0.0%Closed for incompleteness
12.00%Median interest rate+5.38 pts vs national
Median rate spread (pts over APOR)
$415,000Median loan amount
Median total loan costs
$266kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

17th13.4% denied

Processwithdrawn + incomplete share, weight 15%

87th0.0%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
2023145601.4%2.6%12.00%$22M
20244222175.7%5.7%12.00%$99M
202527615713.4%13.4%12.00%$92M

What Pacific Equity and Loan 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 202 73% · 10.9% denied
Refinance 74 27% · 20.3% denied

By loan type

Conventional 276 100% · 13.4% denied

Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 276 investment properties.

Why Pacific Equity and Loan 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.

Collateral 16 43%
Credit history 12 32%
Insufficient cash 5 14%
Mortgage insurance denied 2 5%
Unverifiable information 2 5%

How these reasons compare nationally →

Who gets approved at Pacific Equity and Loan

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

Applicant incomeApplicationsOriginatedDecision denial rate
Applicant ageApplicationsOriginatedDecision denial rate
25–34593210.2%
35–44885512.5%
45–54563119.6%
55–6436248.3%
65–7420920.0%

Where Pacific Equity and Loan lends

4 states and 0 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Washington1267412.7%12.00%#221
Texas924615.2%12.00%#569
Georgia432514.0%12.00%#456
Colorado15126.7%12.00%#448

Frequently asked questions

Pacific Equity and Loan denied 13.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 17th percentile of investment-property lenders.

The most common reason Pacific Equity and Loan gave in 2025 was "collateral", cited on 43.2% 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 Pacific Equity and Loan originated in 2025 was 12.00%, 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, 73% of its applications were for home purchases, 27% for refinancing (including cash-out), and 0% 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.

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 Pacific Equity and Loan. Data sources · Methodology