Mortgage lender · Baltimore, MD · LEI 549300LZUXCJFE5ONM48

Traditional Mortgage Acceptance review: approval odds, rates and grade (2025)

Traditional Mortgage Acceptance earns a B, better than most reverse-mortgage lenders. It turned down 12.3% of the applications it decided on in 2025, which ranks in the 43rd percentile for approval odds. Compared against 8 reverse-mortgage lenders using 2025 HMDA filings.

1.8kApplications2025
76.3%Originatedof applications
12.3%Decision denial ratenational 22.6%
6.00%Median ratenational 6.63%
$338MLoan volume42 states

Traditional Mortgage Acceptance at a glance, 2025

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

10.9%Denial rate (all applications)-7.06 pts vs national
12.3%Denial rate (decided applications)-10.29 pts vs national
76.3%Origination rate+18.24 pts vs national
11.2%Withdrawn by applicant
0.0%Closed for incompleteness
6.00%Median interest rate-0.63 pts vs national
Median rate spread (pts over APOR)
$195,000Median loan amount
Median total loan costs
$29kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 8 reverse-mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

43rd12.3% denied

Processwithdrawn + incomplete share, weight 15%

71st11.2%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202381662810.7%12.0%7.42%$170M
20241,6331,27511.6%12.7%6.74%$353M
20251,7951,36910.9%12.3%6.00%$338M

What Traditional Mortgage Acceptance 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 50 3% · 4.0% denied
Refinance 1,556 87% · 10.9% denied
Home improvement 51 3% · 15.7% denied
Other / HELOC 138 8% · 12.3% denied

By loan type

Conventional 27 2% · 11.1% denied
FHA 1,768 98% · 10.9% denied

Also: 1,778 home-equity lines, 1,795 reverse mortgages, 105 manufactured homes, 0 investment properties.

Why Traditional Mortgage Acceptance denies applications

Primary reason reported for each of the 196 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Unverifiable information 82 42%
Collateral 47 24%
Other 32 16%
Insufficient cash 24 12%
Credit history 6 3%
Debt-to-income ratio 4 2%
Incomplete application 1 1%

How these reasons compare nationally →

Who gets approved at Traditional Mortgage Acceptance

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k1,5161,14912.4%
$50k – $100k25019910.7%
Applicant ageApplicationsOriginatedDecision denial rate
55–64925626.6%
65–7463549312.1%
Over 741,06882011.3%

Where Traditional Mortgage Acceptance lends

42 states and 575 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California42031711.7%6.00%#282
Florida1569819.9%6.00%#412
Texas15111011.9%6.00%#473
Washington93729.7%6.00%#243
Arizona876814.9%5.88%#259
Utah67604.5%5.88%#150
Georgia65536.2%5.75%#407
Colorado62509.7%6.25%#276
Pennsylvania614211.5%5.88%#455
Tennessee61459.8%5.63%#382
South Carolina60531.7%5.88%#323
Michigan54435.6%5.75%#341
Oregon51463.9%6.13%#222
Idaho40325.0%5.88%#182
Ohio362813.9%6.00%#451
Indiana34278.8%5.88%#396
Virginia27217.4%5.88%#455
Alabama251616.0%6.13%#374
Connecticut24178.3%5.75%#278
New Hampshire191610.5%5.69%#196
Maine181227.8%6.00%#179
Arkansas16140.0%5.81%#300
Montana16126.3%5.69%#149
New Jersey16160.0%6.31%#480
Oklahoma16146.3%6.00%#350
Louisiana14127.1%6.13%#345
Nevada14821.4%6.19%#292
Minnesota12916.7%6.00%#439
Kansas11110.0%5.88%#347
Kentucky1199.1%5.63%#401
Delaware10610.0%5.69%#234
Maryland9533.3%5.75%#485
New Mexico870.0%5.50%#277
North Carolina750.0%6.00%#679
Iowa6333.3%5.88%#396
Illinois5420.0%6.50%#761

Frequently asked questions

Traditional Mortgage Acceptance denied 12.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 43rd percentile of reverse-mortgage lenders.

The most common reason Traditional Mortgage Acceptance gave in 2025 was "unverifiable information", cited on 41.8% 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 Traditional Mortgage Acceptance originated in 2025 was 6.00%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 3% of its applications were for home purchases, 87% for refinancing (including cash-out), and 11% for home improvement or other purposes. By loan type: 2% conventional, 98% 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 Traditional Mortgage Acceptance. Data sources · Methodology