Residential Home Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
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%
59th7.6% deniedPricingmedian rate spread over APOR, weight 30%
53rd0.24 ptsProcesswithdrawn + incomplete share, weight 15%
52nd11.1%Closing coststotal loan costs ÷ loan amount, weight 10%
33rd2.35% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 170 | 138 | 2.9% | 3.5% | 6.50% | $49M |
| 2024 | 178 | 138 | 7.3% | 8.6% | 6.63% | $56M |
| 2025 | 162 | 133 | 6.8% | 7.6% | 6.63% | $52M |
What Residential Home Mortgage 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, 1 reverse mortgages, 1 manufactured homes, 8 investment properties.
Why Residential Home Mortgage 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 Residential Home Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 37 | 27 | 12.9% |
| $100k – $150k | 44 | 36 | 10.0% |
| $150k – $250k | 48 | 43 | 4.4% |
| Over $250k | 29 | 24 | 4.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 55 | 44 | 6.4% |
| 35–44 | 50 | 44 | 4.4% |
| 45–54 | 29 | 23 | 8.0% |
Where Residential Home Mortgage lends
5 states and 42 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 86 | 73 | 4.7% | 6.50% | #285 |
| Pennsylvania | 55 | 41 | 9.1% | 6.75% | #479 |
| New York | 12 | 11 | 8.3% | 6.50% | #451 |
| Florida | 5 | 5 | 0.0% | 7.00% | #1,129 |
Frequently asked questions
Residential Home Mortgage denied 7.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 59th percentile of small mortgage lenders.
The most common reason Residential Home Mortgage gave in 2025 was "debt-to-income ratio", cited on 54.5% 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 Residential Home Mortgage originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.24 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 77% of its applications were for home purchases, 23% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 83% conventional, 16% 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.