Securityplus 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 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%
80th3.7% deniedPricingmedian rate spread over APOR, weight 30%
100th-1.14 ptsProcesswithdrawn + incomplete share, weight 15%
95th0.0%Closing coststotal loan costs ÷ loan amount, weight 10%
81st1.13% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 210 | 197 | 6.2% | 6.2% | 8.25% | $33M |
| 2024 | 70 | 69 | 1.4% | 1.4% | 6.00% | $24M |
| 2025 | 109 | 105 | 3.7% | 3.7% | 5.50% | $48M |
What Securityplus 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
Why Securityplus denies applications
Primary reason reported for each of the 4 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Securityplus
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $100k – $150k | 22 | 20 | 9.1% |
| $150k – $250k | 37 | 37 | 0.0% |
| Over $250k | 26 | 26 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 20 | 20 | 0.0% |
| 35–44 | 41 | 38 | 7.3% |
| 45–54 | 20 | 20 | 0.0% |
Where Securityplus lends
16 states and 39 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Maryland | 77 | 74 | 3.9% | 5.50% | #266 |
| Pennsylvania | 9 | 8 | 11.1% | 5.50% | #703 |
| Virginia | 8 | 8 | 0.0% | 5.50% | #595 |
Frequently asked questions
Securityplus denied 3.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 80th percentile of small mortgage lenders.
The most common reason Securityplus gave in 2025 was "debt-to-income ratio", cited on 50.0% 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 Securityplus originated in 2025 was 5.50%, and its median rate spread over the average prime offer rate was -1.14 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 49% of its applications were for home purchases, 28% for refinancing (including cash-out), and 24% 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.