Solvay 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 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%
65th6.3% deniedProcesswithdrawn + incomplete share, weight 15%
63rd8.8%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 218 | 166 | 7.3% | 8.4% | 6.38% | $47M |
| 2024 | 246 | 181 | 8.5% | 10.1% | 6.50% | $43M |
| 2025 | 260 | 214 | 5.8% | 6.3% | — | $54M |
What Solvay 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, 0 manufactured homes, 9 investment properties.
Who gets approved at Solvay Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 75 | 63 | 9.9% |
| $100k – $150k | 62 | 52 | 5.3% |
| $150k – $250k | 68 | 55 | 1.7% |
| Over $250k | 37 | 31 | 2.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 77 | 64 | 5.7% |
| 35–44 | 78 | 63 | 7.1% |
| 45–54 | 35 | 31 | 3.1% |
| 55–64 | 31 | 25 | 3.6% |
| 65–74 | 21 | 17 | 5.3% |
Where Solvay Bank lends
1 states and 9 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 | 260 | 214 | 5.8% | — | #186 |
Frequently asked questions
Solvay Bank denied 6.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 65th percentile of small mortgage lenders.
In 2025, 71% of its applications were for home purchases, 13% for refinancing (including cash-out), and 16% 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.