Sea Comm at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C 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%
28th16.1% deniedProcesswithdrawn + incomplete share, weight 15%
92nd1.3%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 203 | 154 | 13.8% | 15.4% | 6.25% | $15M |
| 2024 | 149 | 109 | 18.8% | 20.4% | — | $17M |
| 2025 | 157 | 130 | 15.9% | 16.1% | — | $20M |
What Sea Comm 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, 18 manufactured homes, 8 investment properties.
Why Sea Comm denies applications
Primary reason reported for each of the 25 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Sea Comm
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 42 | 25 | 40.5% |
| $50k – $100k | 63 | 56 | 8.2% |
| $100k – $150k | 26 | 24 | 7.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 28 | 24 | 11.1% |
| 45–54 | 41 | 34 | 17.1% |
| 55–64 | 25 | 21 | 12.5% |
| 65–74 | 26 | 21 | 19.2% |
Where Sea Comm lends
2 states and 5 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New York | 156 | 129 | 16.0% | — | #229 |
Frequently asked questions
Sea Comm denied 16.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 28th percentile of small mortgage lenders.
The most common reason Sea Comm gave in 2025 was "debt-to-income ratio", cited on 68.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 34% of its applications were for home purchases, 57% for refinancing (including cash-out), and 9% 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.