Mortgage lender · Delray Beach, FL · LEI 984500FAD1FB7FEGTE82

Real Genius review: approval odds, rates and grade (2025)

Real Genius earns a C, in line with the typical performance of small mortgage lenders. It turned down 16.5% of the applications it decided on in 2025, which ranks in the 27th percentile for approval odds. Its median loan was priced 0.15 points below the average prime offer rate, ranking in the 89th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

702Applications2025
47.0%Originatedof applications
16.5%Decision denial ratenational 22.6%
5.99%Median ratenational 6.63%
$141MLoan volume37 states

Real Genius at a glance, 2025

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

9.5%Denial rate (all applications)-8.44 pts vs national
16.5%Denial rate (decided applications)-6.09 pts vs national
47.0%Origination rate-11.02 pts vs national
31.2%Withdrawn by applicant
11.0%Closed for incompleteness
5.99%Median interest rate-0.63 pts vs national
-0.15Median rate spread (pts over APOR)-0.40 pts vs national
$395,000Median loan amount
$3,777Median total loan costs
$167kMedian applicant income
74%Median loan-to-value
0High-cost (HOEPA) loans

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%

27th16.5% denied

Pricingmedian rate spread over APOR, weight 30%

89th-0.15 pts

Processwithdrawn + incomplete share, weight 15%

1st42.2%

Closing coststotal loan costs ÷ loan amount, weight 10%

86th0.96% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202395924344.7%63.4%6.50%$77M
20257023309.5%16.5%5.99%$141M

What Real Genius 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 185 26% · 8.1% denied
Refinance 449 64% · 8.9% denied
Cash-out refinance 68 10% · 17.7% denied

By loan type

Conventional 702 100% · 9.5% denied

Also: 0 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 90 investment properties.

Why Real Genius denies applications

Primary reason reported for each of the 67 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 31 46%
Collateral 13 19%
Incomplete application 7 10%
Credit history 7 10%
Insufficient cash 4 6%
Unverifiable information 3 4%
Employment history 2 3%

How these reasons compare nationally →

Who gets approved at Real Genius

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k1023933.9%
$100k – $150k1768116.8%
$150k – $250k25212013.5%
Over $250k157846.5%
Applicant ageApplicationsOriginatedDecision denial rate
25–341807612.2%
35–4429013817.4%
45–541276220.3%
55–64633813.3%
65–74291121.4%

Where Real Genius lends

37 states and 315 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas74279.5%6.13%#622
Florida73259.6%5.88%#544
Georgia612516.4%5.99%#418
North Carolina56307.1%5.99%#383
Illinois481822.9%5.99%#471
California452313.3%5.99%#539
Washington2687.7%5.81%#360
Maryland251312.0%5.99%#391
Ohio25138.0%5.99%#499
New Jersey2494.2%5.88%#431
Colorado23124.4%5.99%#405
Tennessee22124.6%6.06%#518
Massachusetts20105.0%6.06%#412
Arizona19100.0%5.88%#424
Minnesota181116.7%5.88%#398
Michigan1470.0%5.99%#480
Oregon1270.0%5.99%#346
Kansas1189.1%6.56%#342
Kentucky1150.0%5.63%#406
South Carolina1170.0%5.75%#523
Alabama9322.2%5.75%#495
Indiana960.0%5.99%#554
New Hampshire8312.5%6.13%#282
Maine760.0%6.31%#257
Wisconsin7414.3%5.56%#533
New Mexico650.0%6.13%#296
Oklahoma640.0%6.13%#460
Idaho540.0%6.13%#336
Louisiana5140.0%6.63%#427
West Virginia530.0%6.49%#308

Frequently asked questions

Real Genius denied 16.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 27th percentile of small mortgage lenders.

The most common reason Real Genius gave in 2025 was "debt-to-income ratio", cited on 46.3% 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 Real Genius originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was -0.15 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 26% of its applications were for home purchases, 74% for refinancing (including cash-out), and 0% 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.

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 Real Genius. Data sources · Methodology