RPE Home at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
16th13.7% deniedProcesswithdrawn + incomplete share, weight 15%
6th30.9%Trend, 2024–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2024 | 9,217 | 1,063 | 33.7% | 70.1% | 11.75% | $272M |
| 2025 | 1,590 | 921 | 9.4% | 13.7% | 11.00% | $245M |
What RPE Home 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, 0 reverse mortgages, 0 manufactured homes, 1,590 investment properties.
Why RPE Home denies applications
Primary reason reported for each of the 150 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Where RPE Home lends
45 states and 497 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 247 | 168 | 3.2% | 10.75% | #377 |
| Florida | 167 | 93 | 10.8% | 11.00% | #403 |
| Ohio | 103 | 60 | 7.8% | 11.15% | #322 |
| Georgia | 96 | 66 | 4.2% | 11.00% | #345 |
| North Carolina | 88 | 60 | 4.6% | 11.23% | #338 |
| Pennsylvania | 86 | 46 | 9.3% | 10.88% | #396 |
| Illinois | 78 | 48 | 15.4% | 10.80% | #389 |
| Michigan | 67 | 27 | 10.5% | 11.00% | #321 |
| New York | 56 | 32 | 12.5% | 11.43% | #322 |
| California | 48 | 22 | 10.4% | 10.68% | #527 |
| Indiana | 44 | 27 | 11.4% | 11.50% | #362 |
| Tennessee | 44 | 29 | 11.4% | 10.50% | #430 |
| Maryland | 41 | 16 | 24.4% | 11.48% | #338 |
| Alabama | 39 | 22 | 10.3% | 10.68% | #334 |
| New Jersey | 37 | 18 | 10.8% | 11.30% | #384 |
| Missouri | 30 | 13 | 23.3% | 11.25% | #404 |
| South Carolina | 29 | 17 | 10.3% | 10.70% | #402 |
| Virginia | 24 | 11 | 16.7% | 11.35% | #467 |
| Massachusetts | 21 | 10 | 0.0% | 11.48% | #409 |
| Wisconsin | 20 | 7 | 20.0% | 10.75% | #417 |
| Colorado | 19 | 10 | 21.1% | 10.00% | #427 |
| Connecticut | 19 | 8 | 15.8% | 11.00% | #306 |
| Kentucky | 16 | 10 | 12.5% | 11.00% | #375 |
| Louisiana | 15 | 8 | 6.7% | 11.25% | #336 |
| Arkansas | 14 | 10 | 14.3% | 11.25% | #312 |
| Mississippi | 14 | 10 | 14.3% | 11.70% | #264 |
| Oklahoma | 14 | 9 | 7.1% | 10.30% | #367 |
| Nebraska | 13 | 7 | 0.0% | 10.80% | #232 |
| Minnesota | 12 | 7 | 0.0% | 10.35% | #444 |
| Arizona | 11 | 4 | 9.1% | 10.88% | #492 |
| District of Columbia | 10 | 5 | 10.0% | 11.40% | #178 |
| Washington | 10 | 4 | 20.0% | 11.75% | #465 |
| Oregon | 9 | 4 | 11.1% | 10.35% | #383 |
| New Mexico | 8 | 3 | 12.5% | 11.80% | #272 |
| Delaware | 6 | 4 | 0.0% | 11.05% | #295 |
| Iowa | 6 | 5 | 16.7% | 10.50% | #397 |
| West Virginia | 6 | 6 | 0.0% | 10.45% | #305 |
Frequently asked questions
RPE Home denied 13.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 16th percentile of investment-property lenders.
The most common reason RPE Home gave in 2025 was "collateral", cited on 40.0% 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 RPE Home originated in 2025 was 11.00%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 7% of its applications were for home purchases, 8% for refinancing (including cash-out), and 85% 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.