Mortgage lender · Louisville, GA · LEI 254900C2QXQ435D8TY78

Queensborough National Bank & Trust review: approval odds, rates and grade (2025)

Queensborough National Bank & Trust earns a B, better than most small mortgage lenders. It turned down 7.8% of the applications it decided on in 2025, which ranks in the 59th percentile for approval odds. Its median loan was priced 0.04 points above the average prime offer rate, ranking in the 78th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

530Applications2025
79.1%Originatedof applications
7.8%Decision denial ratenational 22.6%
6.43%Median ratenational 6.63%
$153MLoan volume10 states

Queensborough National Bank & Trust at a glance, 2025

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

7.0%Denial rate (all applications)-11.00 pts vs national
7.8%Denial rate (decided applications)-14.78 pts vs national
79.1%Origination rate+21.03 pts vs national
9.8%Withdrawn by applicant
0.8%Closed for incompleteness
6.43%Median interest rate-0.20 pts vs national
0.04Median rate spread (pts over APOR)-0.22 pts vs national
$255,000Median loan amount
$7,524Median total loan costs
$121kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the B 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%

59th7.8% denied

Pricingmedian rate spread over APOR, weight 30%

78th0.04 pts

Processwithdrawn + incomplete share, weight 15%

55th10.6%

Closing coststotal loan costs ÷ loan amount, weight 10%

20th2.95% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20237155209.2%11.0%6.63%$168M
20246214538.2%9.8%6.63%$162M
20255304197.0%7.8%6.43%$153M

What Queensborough National Bank & Trust 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 416 78% · 4.6% denied
Refinance 45 8% · 8.9% denied
Cash-out refinance 19 4% · 21.1% denied
Home improvement 34 6% · 20.6% denied
Other / HELOC 16 3% · 18.8% denied

By loan type

Conventional 412 78% · 7.0% denied
FHA 39 7% · 12.8% denied
VA 69 13% · 2.9% denied
USDA / RHS 10 2% · 10.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 8 manufactured homes, 123 investment properties.

Why Queensborough National Bank & Trust 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.

Credit history 16 43%
Debt-to-income ratio 12 32%
Other 5 14%
Incomplete application 3 8%
Collateral 1 3%

How these reasons compare nationally →

Who gets approved at Queensborough National Bank & Trust

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k221333.3%
$50k – $100k1641298.8%
$100k – $150k98738.8%
$150k – $250k96795.8%
Over $250k74601.6%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2525214.6%
25–34105895.3%
35–4498748.5%
45–5491757.3%
55–64704717.7%
65–7458419.6%

Where Queensborough National Bank & Trust lends

10 states and 49 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Georgia4413447.7%6.50%#163
South Carolina79682.5%6.38%#284

Frequently asked questions

Queensborough National Bank & Trust denied 7.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 59th percentile of small mortgage lenders.

The most common reason Queensborough National Bank & Trust gave in 2025 was "credit history", 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 Queensborough National Bank & Trust originated in 2025 was 6.43%, and its median rate spread over the average prime offer rate was 0.04 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 78% of its applications were for home purchases, 12% for refinancing (including cash-out), and 9% for home improvement or other purposes. By loan type: 78% conventional, 7% FHA, 13% 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 Queensborough National Bank & Trust. Data sources · Methodology