The Tax Lady at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
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%
8th28.9% deniedPricingmedian rate spread over APOR, weight 30%
65th0.16 ptsProcesswithdrawn + incomplete share, weight 15%
50th11.6%Closing coststotal loan costs ÷ loan amount, weight 10%
28th2.57% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 571 | 359 | 22.2% | 26.0% | 5.88% | $160M |
| 2024 | 436 | 234 | 28.9% | 34.9% | 6.75% | $79M |
| 2025 | 380 | 239 | 25.5% | 28.9% | 6.49% | $84M |
What The Tax Lady 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, 1 manufactured homes, 26 investment properties.
Why The Tax Lady denies applications
Primary reason reported for each of the 97 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at The Tax Lady
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 27 | 6 | 76.0% |
| $50k – $100k | 119 | 72 | 32.1% |
| $100k – $150k | 116 | 77 | 20.6% |
| $150k – $250k | 72 | 52 | 20.0% |
| Over $250k | 33 | 24 | 20.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 40 | 29 | 12.1% |
| 35–44 | 77 | 52 | 24.6% |
| 45–54 | 84 | 54 | 31.7% |
| 55–64 | 105 | 61 | 31.5% |
| 65–74 | 44 | 26 | 33.3% |
Where The Tax Lady lends
9 states and 28 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 365 | 227 | 26.0% | 6.49% | #297 |
Frequently asked questions
The Tax Lady denied 28.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 8th percentile of small mortgage lenders.
The most common reason The Tax Lady gave in 2025 was "debt-to-income ratio", cited on 67.0% 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 The Tax Lady originated in 2025 was 6.49%, 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, 24% of its applications were for home purchases, 31% for refinancing (including cash-out), and 45% 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.