Skyrock Mortgage 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%
96th0.7% deniedPricingmedian rate spread over APOR, weight 30%
64th0.16 ptsProcesswithdrawn + incomplete share, weight 15%
21st19.5%Closing coststotal loan costs ÷ loan amount, weight 10%
75th1.27% of loanTrend, 2024–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2024 | 293 | 245 | 0.0% | 0.0% | 6.88% | $114M |
| 2025 | 380 | 304 | 0.5% | 0.7% | 6.63% | $147M |
What Skyrock Mortgage 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, 82 investment properties.
Why Skyrock Mortgage denies applications
Primary reason reported for each of the 2 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Skyrock Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 77 | 68 | 1.5% |
| $100k – $150k | 81 | 61 | 0.0% |
| $150k – $250k | 110 | 87 | 1.1% |
| Over $250k | 106 | 84 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 192 | 161 | 0.6% |
| 35–44 | 104 | 77 | 1.3% |
| 45–54 | 38 | 27 | 0.0% |
Where Skyrock Mortgage lends
8 states and 32 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 263 | 208 | 0.8% | 6.63% | #171 |
| Ohio | 61 | 53 | 0.0% | 6.63% | #383 |
| New York | 40 | 31 | 0.0% | 6.50% | #352 |
| Florida | 7 | 3 | 0.0% | 6.38% | #1,002 |
Frequently asked questions
Skyrock Mortgage denied 0.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 96th percentile of small mortgage lenders.
The most common reason Skyrock Mortgage gave in 2025 was "collateral", 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 Skyrock Mortgage originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.16 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 77% of its applications were for home purchases, 23% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 98% conventional, 2% 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.