Select Bank 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 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%
70th1.9% deniedProcesswithdrawn + incomplete share, weight 15%
29th10.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 137 | 123 | 1.5% | 1.6% | — | $32M |
| 2024 | 88 | 68 | 2.3% | 2.9% | — | $40M |
| 2025 | 118 | 104 | 1.7% | 1.9% | — | $33M |
What Select Bank 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, 3 manufactured homes, 94 investment properties.
Where Select Bank lends
3 states and 31 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Virginia | 66 | 56 | 1.5% | — | #339 |
| North Carolina | 49 | 47 | 0.0% | — | #403 |
Frequently asked questions
Select Bank denied 1.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 70th percentile of investment-property lenders.
In 2025, 76% of its applications were for home purchases, 22% for refinancing (including cash-out), and 2% for home improvement or other purposes. By loan type: 99% conventional, 0% 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.