Warshaw Capital at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
84th2.9% deniedPricingmedian rate spread over APOR, weight 30%
50th0.28 ptsProcesswithdrawn + incomplete share, weight 15%
22nd18.9%Closing coststotal loan costs ÷ loan amount, weight 10%
67th1.46% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 151 | 121 | 4.0% | 4.7% | 6.50% | $46M |
| 2024 | 159 | 136 | 1.9% | 2.1% | 6.63% | $58M |
| 2025 | 254 | 200 | 2.4% | 2.9% | 6.50% | $92M |
What Warshaw Capital 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: 7 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 28 investment properties.
Why Warshaw Capital denies applications
Primary reason reported for each of the 6 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Warshaw Capital
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 59 | 46 | 8.0% |
| $100k – $150k | 78 | 62 | 1.6% |
| $150k – $250k | 65 | 49 | 0.0% |
| Over $250k | 36 | 30 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 69 | 55 | 0.0% |
| 35–44 | 70 | 55 | 1.8% |
| 45–54 | 48 | 37 | 5.1% |
| 55–64 | 33 | 28 | 3.5% |
Where Warshaw Capital lends
11 states and 47 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Connecticut | 193 | 157 | 1.0% | 6.50% | #102 |
| Florida | 23 | 17 | 8.7% | 6.63% | #739 |
| New Jersey | 15 | 12 | 13.3% | 6.63% | #493 |
| California | 10 | 6 | 0.0% | 6.38% | #737 |
Frequently asked questions
Warshaw Capital denied 2.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 84th percentile of small mortgage lenders.
The most common reason Warshaw Capital 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 Warshaw Capital originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.28 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 75% of its applications were for home purchases, 25% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 81% conventional, 17% FHA, 2% 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.