Patriot Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A 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%
90th1.8% deniedPricingmedian rate spread over APOR, weight 30%
95th-0.40 ptsProcesswithdrawn + incomplete share, weight 15%
46th12.3%Closing coststotal loan costs ÷ loan amount, weight 10%
8th4.31% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 233 | 183 | 6.4% | 7.6% | 5.88% | $50M |
| 2024 | 312 | 255 | 2.6% | 3.0% | 5.75% | $70M |
| 2025 | 260 | 224 | 1.5% | 1.8% | 5.63% | $64M |
What Patriot Mortgage 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, 0 manufactured homes, 5 investment properties.
Why Patriot Mortgage denies applications
Primary reason reported for each of the 4 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Patriot Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 137 | 119 | 1.7% |
| $100k – $150k | 76 | 66 | 2.9% |
| $150k – $250k | 34 | 28 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 105 | 88 | 2.2% |
| 35–44 | 74 | 64 | 1.5% |
| 45–54 | 30 | 26 | 3.7% |
| 55–64 | 26 | 24 | 0.0% |
Where Patriot Mortgage lends
1 states and 5 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 260 | 224 | 1.5% | 5.63% | #366 |
Frequently asked questions
Patriot Mortgage denied 1.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 90th percentile of small mortgage lenders.
The most common reason Patriot Mortgage gave in 2025 was "credit history", cited on 50.0% 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 Patriot Mortgage originated in 2025 was 5.63%, and its median rate spread over the average prime offer rate was -0.40 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 100% of its applications were for home purchases, 0% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 11% conventional, 60% FHA, 27% 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.