Mortgage lender · Lima, OH · LEI 5493008ICL5D7TS4CI35

Superior Financial Solutions review: approval odds, rates and grade (2025)

Superior Financial Solutions earns a C, in line with the typical performance of small mortgage lenders. It turned down 5.1% of the applications it decided on in 2025, which ranks in the 72nd percentile for approval odds. Its median loan was priced 0.34 points above the average prime offer rate, ranking in the 41st percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

327Applications2025
37.0%Originatedof applications
5.1%Decision denial ratenational 22.6%
6.50%Median ratenational 6.63%
$24MLoan volume7 states

Superior Financial Solutions at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

2.5%Denial rate (all applications)-15.53 pts vs national
5.1%Denial rate (decided applications)-17.46 pts vs national
37.0%Origination rate-21.03 pts vs national
52.0%Withdrawn by applicant
0.3%Closed for incompleteness
6.50%Median interest rate-0.13 pts vs national
0.34Median rate spread (pts over APOR)+0.09 pts vs national
$185,000Median loan amount
$3,471Median total loan costs
$73kMedian applicant income
90%Median loan-to-value
0High-cost (HOEPA) loans

How the C 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%

72nd5.1% denied

Pricingmedian rate spread over APOR, weight 30%

41st0.34 pts

Processwithdrawn + incomplete share, weight 15%

0th52.3%

Closing coststotal loan costs ÷ loan amount, weight 10%

51st1.88% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
2023169955.3%8.7%6.75%$17M
2024170723.5%7.7%6.88%$13M
20253271212.5%5.1%6.50%$24M

What Superior Financial Solutions 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

Home purchase 283 87% · 1.8% denied
Refinance 29 9% · 6.9% denied
Cash-out refinance 15 5% · 6.7% denied

By loan type

Conventional 256 78% · 2.7% denied
FHA 55 17% · 0.0% denied
VA 12 4% · 8.3% denied
USDA / RHS 4 1% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 16 investment properties.

Why Superior Financial Solutions denies applications

Primary reason reported for each of the 8 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 7 88%
Debt-to-income ratio 1 13%

How these reasons compare nationally →

Who gets approved at Superior Financial Solutions

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k651711.1%
$50k – $100k157656.0%
$100k – $150k59220.0%
$150k – $250k31120.0%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2547198.3%
25–34110571.5%
35–44801910.7%
45–5439120.0%
55–642850.0%

Where Superior Financial Solutions lends

7 states and 30 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Ohio3121182.6%6.50%#185

Frequently asked questions

Superior Financial Solutions denied 5.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 72nd percentile of small mortgage lenders.

The most common reason Superior Financial Solutions gave in 2025 was "credit history", cited on 87.5% 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 Superior Financial Solutions originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.34 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 87% of its applications were for home purchases, 13% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 78% conventional, 17% FHA, 4% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Superior Financial Solutions. Data sources · Methodology