Priority Bank 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%
97th0.4% deniedPricingmedian rate spread over APOR, weight 30%
79th0.02 ptsProcesswithdrawn + incomplete share, weight 15%
44th12.9%Closing coststotal loan costs ÷ loan amount, weight 10%
52nd1.85% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 540 | 469 | 0.2% | 0.2% | 6.50% | $116M |
| 2024 | 335 | 292 | 0.6% | 0.7% | 6.25% | $77M |
| 2025 | 294 | 254 | 0.3% | 0.4% | 6.25% | $68M |
What Priority 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: 0 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 33 investment properties.
Why Priority Bank denies applications
Primary reason reported for each of the 1 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Priority Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 123 | 101 | 1.0% |
| $100k – $150k | 78 | 68 | 0.0% |
| $150k – $250k | 42 | 37 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 43 | 37 | 0.0% |
| 25–34 | 87 | 75 | 0.0% |
| 35–44 | 48 | 42 | 0.0% |
| 45–54 | 48 | 44 | 0.0% |
| 55–64 | 33 | 26 | 3.7% |
Where Priority Bank lends
6 states and 18 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Priority Bank denied 0.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 97th percentile of small mortgage lenders.
The most common reason Priority Bank gave in 2025 was "debt-to-income ratio", cited on 100.0% 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 Priority Bank originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was 0.02 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 83% of its applications were for home purchases, 14% for refinancing (including cash-out), and 3% for home improvement or other purposes. By loan type: 53% conventional, 31% FHA, 6% 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.