River Bank & Trust at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A 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%
77th4.5% deniedPricingmedian rate spread over APOR, weight 30%
81st-0.01 ptsProcesswithdrawn + incomplete share, weight 15%
80th10.6%Closing coststotal loan costs ÷ loan amount, weight 10%
22nd3.09% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,840 | 1,610 | 4.5% | 4.8% | 6.85% | $393M |
| 2024 | 1,508 | 1,250 | 5.2% | 5.9% | 7.85% | $244M |
| 2025 | 1,691 | 1,418 | 4.0% | 4.5% | 6.95% | $331M |
What River 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
By loan type
Also: 625 home-equity lines, 0 reverse mortgages, 134 manufactured homes, 305 investment properties.
Why River Bank & Trust denies applications
Primary reason reported for each of the 68 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at River Bank & Trust
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 141 | 105 | 11.4% |
| $50k – $100k | 375 | 301 | 7.3% |
| $100k – $150k | 302 | 224 | 5.8% |
| $150k – $250k | 337 | 289 | 3.3% |
| Over $250k | 322 | 296 | 0.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 70 | 52 | 8.6% |
| 25–34 | 258 | 185 | 5.6% |
| 35–44 | 311 | 253 | 6.2% |
| 45–54 | 322 | 272 | 5.4% |
| 55–64 | 296 | 257 | 3.0% |
| 65–74 | 165 | 143 | 5.8% |
| Over 74 | 70 | 61 | 1.5% |
Where River Bank & Trust lends
9 states and 77 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Alabama | 1,628 | 1,377 | 3.7% | 6.95% | #32 |
| Florida | 26 | 19 | 0.0% | 7.20% | #718 |
| Georgia | 14 | 11 | 0.0% | 6.85% | #616 |
| Mississippi | 7 | 3 | 14.3% | 8.20% | #310 |
Frequently asked questions
River Bank & Trust denied 4.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 77th percentile of mid-size mortgage lenders.
The most common reason River Bank & Trust gave in 2025 was "debt-to-income ratio", cited on 45.6% 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 River Bank & Trust originated in 2025 was 6.95%, and its median rate spread over the average prime offer rate was -0.01 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 46% of its applications were for home purchases, 25% for refinancing (including cash-out), and 30% for home improvement or other purposes. By loan type: 97% conventional, 1% 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.