Mortgage lender · New York, NY · LEI 2549001NJY765EZWDI06

Reliant Home Funding review: approval odds, rates and grade (2025)

Reliant Home Funding earns a B, better than most small mortgage lenders. It turned down 6.6% of the applications it decided on in 2025, which ranks in the 64th percentile for approval odds. Its median loan was priced 0.23 points above the average prime offer rate, ranking in the 54th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

815Applications2025
62.3%Originatedof applications
6.6%Decision denial ratenational 22.6%
6.50%Median ratenational 6.63%
$265MLoan volume23 states

Reliant Home Funding at a glance, 2025

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

4.4%Denial rate (all applications)-13.56 pts vs national
6.6%Denial rate (decided applications)-15.98 pts vs national
62.3%Origination rate+4.30 pts vs national
31.0%Withdrawn by applicant
2.1%Closed for incompleteness
6.50%Median interest rate-0.13 pts vs national
0.23Median rate spread (pts over APOR)-0.02 pts vs national
$515,000Median loan amount
$8,532Median total loan costs
$161kMedian 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%

64th6.6% denied

Pricingmedian rate spread over APOR, weight 30%

54th0.23 pts

Processwithdrawn + incomplete share, weight 15%

4th33.1%

Closing coststotal loan costs ÷ loan amount, weight 10%

60th1.66% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232142140.0%0.0%6.88%$93M
20245913813.6%5.1%6.75%$181M
20258155084.4%6.6%6.50%$265M

What Reliant Home Funding 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 672 82% · 4.8% denied
Refinance 69 8% · 1.5% denied
Cash-out refinance 74 9% · 4.1% denied

By loan type

Conventional 666 82% · 3.3% denied
FHA 138 17% · 10.1% denied
VA 11 1% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 69 investment properties.

Why Reliant Home Funding denies applications

Primary reason reported for each of the 36 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 11 31%
Collateral 8 22%
Insufficient cash 4 11%
Other 4 11%
Employment history 4 11%
Credit history 4 11%
Unverifiable information 1 3%

How these reasons compare nationally →

Who gets approved at Reliant Home Funding

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k103649.9%
$100k – $150k2241466.4%
$150k – $250k3061935.9%
Over $250k155893.3%
Applicant ageApplicationsOriginatedDecision denial rate
25–342431506.8%
35–442911824.7%
45–54159974.9%
55–64665010.7%
65–74381722.7%

Where Reliant Home Funding lends

23 states and 153 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
New York4713254.3%6.50%#138
New Jersey88321.1%6.38%#280
Connecticut66416.1%6.50%#202
Pennsylvania36202.8%6.63%#528
Massachusetts34190.0%6.25%#367
Florida31199.7%6.88%#684
Maryland271611.1%6.31%#381
Virginia1666.3%5.88%#517
Texas1070.0%6.50%#955
Illinois620.0%6.13%#747
North Carolina530.0%7.00%#759
South Carolina550.0%7.13%#657

Frequently asked questions

Reliant Home Funding denied 6.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 64th percentile of small mortgage lenders.

The most common reason Reliant Home Funding gave in 2025 was "debt-to-income ratio", cited on 30.6% 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 Reliant Home Funding originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.23 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 82% of its applications were for home purchases, 18% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 82% conventional, 17% FHA, 1% 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 Reliant Home Funding. Data sources · Methodology