Prysma Lending Group at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C 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%
73rd4.9% deniedPricingmedian rate spread over APOR, weight 30%
7th1.30 ptsProcesswithdrawn + incomplete share, weight 15%
49th11.9%Closing coststotal loan costs ÷ loan amount, weight 10%
11th3.69% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 232 | 178 | 8.6% | 10.0% | 8.87% | $54M |
| 2024 | 267 | 197 | 7.5% | 8.9% | 8.37% | $65M |
| 2025 | 253 | 194 | 4.4% | 4.9% | 7.43% | $70M |
What Prysma Lending Group 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, 13 investment properties.
Why Prysma Lending Group denies applications
Primary reason reported for each of the 11 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Prysma Lending Group
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 89 | 68 | 7.4% |
| $100k – $150k | 81 | 62 | 2.9% |
| $150k – $250k | 52 | 42 | 2.1% |
| Over $250k | 26 | 21 | 4.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 66 | 56 | 1.6% |
| 35–44 | 106 | 78 | 6.7% |
| 45–54 | 66 | 50 | 1.7% |
Where Prysma Lending Group lends
3 states and 14 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Connecticut | 243 | 189 | 4.1% | 7.38% | #88 |
| Massachusetts | 6 | 3 | 16.7% | 6.25% | #511 |
Frequently asked questions
Prysma Lending Group denied 4.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 73rd percentile of small mortgage lenders.
The most common reason Prysma Lending Group gave in 2025 was "debt-to-income ratio", cited on 36.4% 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 Prysma Lending Group originated in 2025 was 7.43%, and its median rate spread over the average prime offer rate was 1.30 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 79% of its applications were for home purchases, 21% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 84% conventional, 16% 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.