Pioneer Bank 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%
12th24.6% deniedProcesswithdrawn + incomplete share, weight 15%
65th8.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 476 | 310 | 23.7% | 25.4% | — | $49M |
| 2024 | 347 | 224 | 26.2% | 28.5% | — | $60M |
| 2025 | 396 | 257 | 22.5% | 24.6% | 5.99% | $60M |
What Pioneer Bank 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: 1 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 16 investment properties.
Why Pioneer Bank denies applications
Primary reason reported for each of the 89 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Pioneer Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 36 | 15 | 50.0% |
| $50k – $100k | 132 | 71 | 32.2% |
| $100k – $150k | 92 | 69 | 19.5% |
| $150k – $250k | 80 | 57 | 17.6% |
| Over $250k | 33 | 23 | 14.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 41 | 22 | 38.9% |
| 35–44 | 78 | 45 | 34.3% |
| 45–54 | 74 | 51 | 20.6% |
| 55–64 | 89 | 61 | 23.8% |
| 65–74 | 73 | 45 | 21.9% |
| Over 74 | 28 | 20 | 8.3% |
Where Pioneer Bank lends
1 states and 13 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 | 396 | 257 | 22.5% | 5.99% | #154 |
Frequently asked questions
Pioneer Bank denied 24.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 12th percentile of small mortgage lenders.
The most common reason Pioneer Bank gave in 2025 was "credit history", cited on 43.8% 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 Pioneer Bank originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was -1.26 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 8% of its applications were for home purchases, 20% for refinancing (including cash-out), and 72% 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.