Senior Mortgage Bankers 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 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%
21st19.2% deniedPricingmedian rate spread over APOR, weight 30%
19th0.71 ptsProcesswithdrawn + incomplete share, weight 15%
37th14.5%Closing coststotal loan costs ÷ loan amount, weight 10%
1st7.09% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 161 | 114 | 12.4% | 14.9% | 6.50% | $20M |
| 2024 | 183 | 122 | 14.2% | 17.6% | 6.75% | $20M |
| 2025 | 207 | 143 | 16.4% | 19.2% | 6.25% | $27M |
What Senior Mortgage Bankers 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, 13 investment properties.
Why Senior Mortgage Bankers denies applications
Primary reason reported for each of the 34 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Senior Mortgage Bankers
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 65 | 45 | 22.4% |
| $50k – $100k | 83 | 56 | 21.1% |
| $100k – $150k | 28 | 21 | 12.5% |
| $150k – $250k | 22 | 16 | 11.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 24 | 21 | 8.7% |
| 35–44 | 40 | 27 | 18.2% |
| 45–54 | 38 | 30 | 9.1% |
| 55–64 | 39 | 23 | 30.3% |
| 65–74 | 41 | 25 | 24.2% |
Where Senior Mortgage Bankers lends
1 states and 50 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Puerto Rico | 207 | 143 | 16.4% | 6.25% | #21 |
Frequently asked questions
Senior Mortgage Bankers denied 19.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 21st percentile of small mortgage lenders.
The most common reason Senior Mortgage Bankers gave in 2025 was "collateral", cited on 55.9% 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 Senior Mortgage Bankers originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was 0.71 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 44% of its applications were for home purchases, 56% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 31% conventional, 61% FHA, 5% 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.