Starboard Financial Management 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%
95th0.8% deniedPricingmedian rate spread over APOR, weight 30%
32nd0.45 ptsProcesswithdrawn + incomplete share, weight 15%
9th26.6%Closing coststotal loan costs ÷ loan amount, weight 10%
38th2.24% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 320 | 235 | 4.4% | 5.6% | 6.63% | $83M |
| 2024 | 305 | 217 | 1.6% | 2.3% | 6.63% | $79M |
| 2025 | 342 | 249 | 0.6% | 0.8% | 6.75% | $92M |
What Starboard Financial Management 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, 120 manufactured homes, 19 investment properties.
Why Starboard Financial Management 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 Starboard Financial Management
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 106 | 72 | 2.7% |
| $100k – $150k | 104 | 79 | 0.0% |
| $150k – $250k | 75 | 57 | 0.0% |
| Over $250k | 37 | 26 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 73 | 57 | 0.0% |
| 35–44 | 81 | 59 | 1.7% |
| 45–54 | 60 | 43 | 2.3% |
| 55–64 | 83 | 57 | 0.0% |
| 65–74 | 25 | 17 | 0.0% |
Where Starboard Financial Management lends
7 states and 45 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Arizona | 267 | 200 | 0.8% | 6.75% | #154 |
| California | 61 | 37 | 0.0% | 6.99% | #502 |
| Utah | 8 | 6 | 0.0% | 6.69% | #305 |
Frequently asked questions
Starboard Financial Management denied 0.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 95th percentile of small mortgage lenders.
The most common reason Starboard Financial Management gave in 2025 was "other", 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 Starboard Financial Management originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.45 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 63% of its applications were for home purchases, 37% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 73% conventional, 21% FHA, 6% 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.