Mortgage lender · Honesdale, PA · LEI 549300JSQZG5CD2LWR30

The Dime Bank review: approval odds, rates and grade (2025)

The Dime Bank earns a D, weaker than most small mortgage lenders. It turned down 21.3% of the applications it decided on in 2025, which ranks in the 18th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

376Applications2025
68.1%Originatedof applications
21.3%Decision denial ratenational 22.6%
Median ratenational 6.63%
$36MLoan volume2 states

The Dime Bank at a glance, 2025

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

18.9%Denial rate (all applications)+0.90 pts vs national
21.3%Denial rate (decided applications)-1.33 pts vs national
68.1%Origination rate+10.06 pts vs national
7.5%Withdrawn by applicant
3.7%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$105,000Median loan amount
Median total loan costs
$96kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

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%

18th21.3% denied

Processwithdrawn + incomplete share, weight 15%

52nd11.2%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202335225414.5%16.1%$38M
202431120714.8%17.9%$32M
202537625618.9%21.3%$36M

What The Dime 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

Home purchase 113 30% · 17.7% denied
Refinance 32 9% · 6.3% denied
Cash-out refinance 50 13% · 20.0% denied
Home improvement 82 22% · 20.7% denied
Other / HELOC 99 26% · 22.2% denied

By loan type

Conventional 373 99% · 18.8% denied
USDA / RHS 3 1% · 33.3% denied

Also: 0 home-equity lines, 0 reverse mortgages, 12 manufactured homes, 59 investment properties.

Why The Dime Bank denies applications

Primary reason reported for each of the 71 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 56 79%
Credit history 6 8%
Collateral 3 4%
Other 3 4%
Employment history 2 3%
Insufficient cash 1 1%

How these reasons compare nationally →

Who gets approved at The Dime Bank

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k522052.1%
$50k – $100k1238123.9%
$100k – $150k825520.0%
$150k – $250k51379.5%
Over $250k20165.9%
Applicant ageApplicationsOriginatedDecision denial rate
25–34372417.2%
35–44594222.2%
45–54553229.2%
55–64916123.5%
65–74674420.7%
Over 74221423.8%

Where The Dime Bank lends

2 states and 11 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Pennsylvania35524717.5%#210
New York21942.9%#406

Frequently asked questions

The Dime Bank denied 21.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 18th percentile of small mortgage lenders.

The most common reason The Dime Bank gave in 2025 was "debt-to-income ratio", cited on 78.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

In 2025, 30% of its applications were for home purchases, 22% for refinancing (including cash-out), and 48% for home improvement or other purposes. By loan type: 99% 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.

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 The Dime Bank. Data sources · Methodology