Mortgage lender · Larkspur, CA · LEI 549300323EON4W3CCM44

Resicentral review: approval odds, rates and grade (2025)

Resicentral earns a B, better than most mid-size mortgage lenders. It turned down 5.2% of the applications it decided on in 2025, which ranks in the 72nd percentile for approval odds. Its median loan was priced 0.14 points above the average prime offer rate, ranking in the 70th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

8.1kApplications2025
67.2%Originatedof applications
5.2%Decision denial ratenational 22.6%
6.49%Median ratenational 6.63%
$2.3BLoan volume36 states

Resicentral at a glance, 2025

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

3.9%Denial rate (all applications)-14.07 pts vs national
5.2%Denial rate (decided applications)-17.40 pts vs national
67.2%Origination rate+9.20 pts vs national
24.7%Withdrawn by applicant
0.0%Closed for incompleteness
6.49%Median interest rate-0.13 pts vs national
0.14Median rate spread (pts over APOR)-0.11 pts vs national
$375,000Median loan amount
$7,517Median total loan costs
$135kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

72nd5.2% denied

Pricingmedian rate spread over APOR, weight 30%

70th0.14 pts

Processwithdrawn + incomplete share, weight 15%

20th24.7%

Closing coststotal loan costs ÷ loan amount, weight 10%

63rd2.00% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232,8801,7846.0%7.5%6.88%$656M
20246,8634,5813.9%5.3%6.63%$1.9B
20258,0595,4183.9%5.2%6.49%$2.3B

What Resicentral 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 5,799 72% · 4.0% denied
Refinance 1,286 16% · 2.9% denied
Cash-out refinance 925 11% · 4.7% denied
Home improvement 49 1% · 2.0% denied

By loan type

Conventional 6,512 81% · 3.6% denied
FHA 1,121 14% · 5.6% denied
VA 426 5% · 3.8% denied

Also: 0 home-equity lines, 0 reverse mortgages, 97 manufactured homes, 726 investment properties.

Why Resicentral denies applications

Primary reason reported for each of the 315 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 167 53%
Collateral 70 22%
Unverifiable information 25 8%
Other 19 6%
Credit history 17 5%
Employment history 10 3%
Insufficient cash 6 2%
Incomplete application 1 0%

How these reasons compare nationally →

Who gets approved at Resicentral

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k27815516.1%
$50k – $100k2,0131,3776.4%
$100k – $150k2,1181,4904.6%
$150k – $250k2,1831,4873.3%
Over $250k1,1307213.5%
Applicant ageApplicationsOriginatedDecision denial rate
Under 252751986.4%
25–342,2821,6143.5%
35–442,3251,5695.5%
45–541,5269986.8%
55–649726066.3%
65–745053254.9%
Over 741741083.2%

Where Resicentral lends

36 states and 789 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California1,7231,1083.9%6.49%#116
Florida1,0387025.3%6.38%#150
Illinois8856265.7%6.63%#86
Texas7665273.0%6.49%#198
Colorado5733773.5%6.25%#99
Minnesota3672442.5%6.49%#97
Arizona3092043.2%6.38%#146
Washington3002023.7%6.49%#148
Utah2451673.7%6.38%#89
South Carolina2271611.3%6.38%#174
North Carolina2231582.2%6.49%#224
New Jersey2061093.9%6.49%#194
Georgia1751093.4%6.38%#258
Tennessee116833.5%6.49%#297
Pennsylvania112782.7%6.49%#361
Michigan105791.0%7.13%#269
Oregon100772.0%6.49%#169
Ohio91612.2%6.38%#338
Virginia85574.7%6.38%#306
Maryland59405.1%6.56%#297
Idaho51357.8%6.13%#163
Connecticut43290.0%6.49%#230
Alabama42324.8%6.43%#327
Wisconsin39305.1%6.38%#362
Louisiana33250.0%6.49%#283
Kentucky31250.0%6.25%#307
New Hampshire27257.4%6.50%#169
Indiana22114.6%6.13%#444
Mississippi211214.3%6.37%#235
Montana1268.3%6.37%#164
Arkansas9422.2%6.38%#344
Iowa860.0%6.56%#376
Oklahoma6233.3%6.24%#461

Frequently asked questions

Resicentral denied 5.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 72nd percentile of mid-size mortgage lenders.

The most common reason Resicentral gave in 2025 was "debt-to-income ratio", cited on 53.0% 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 Resicentral originated in 2025 was 6.49%, and its median rate spread over the average prime offer rate was 0.14 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 72% of its applications were for home purchases, 27% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 81% conventional, 14% FHA, 5% 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 Resicentral. Data sources · Methodology