Tradition Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
99th0.2% deniedPricingmedian rate spread over APOR, weight 30%
61st0.20 ptsProcesswithdrawn + incomplete share, weight 15%
99th0.7%Closing coststotal loan costs ÷ loan amount, weight 10%
86th1.30% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 956 | 880 | 0.3% | 0.3% | 6.63% | $326M |
| 2024 | 1,159 | 1,055 | 0.8% | 0.9% | 6.63% | $410M |
| 2025 | 1,229 | 1,218 | 0.2% | 0.2% | 6.63% | $490M |
What Tradition Mortgage 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, 5 manufactured homes, 38 investment properties.
Why Tradition Mortgage 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 Tradition Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 291 | 286 | 0.0% |
| $100k – $150k | 277 | 276 | 0.0% |
| $150k – $250k | 362 | 361 | 0.0% |
| Over $250k | 280 | 277 | 0.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 59 | 56 | 0.0% |
| 25–34 | 403 | 402 | 0.0% |
| 35–44 | 311 | 308 | 0.3% |
| 45–54 | 209 | 206 | 0.5% |
| 55–64 | 143 | 142 | 0.0% |
| 65–74 | 82 | 82 | 0.0% |
| Over 74 | 22 | 22 | 0.0% |
Where Tradition Mortgage lends
6 states and 82 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Tradition Mortgage denied 0.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 99th percentile of mid-size mortgage lenders.
The most common reason Tradition Mortgage gave in 2025 was "debt-to-income ratio", 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 Tradition Mortgage originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.20 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 80% of its applications were for home purchases, 19% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 93% conventional, 3% FHA, 3% 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.