Wayne Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F 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%
11th25.8% deniedProcesswithdrawn + incomplete share, weight 15%
21st19.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 715 | 464 | 17.6% | 20.8% | 6.75% | $83M |
| 2024 | 693 | 449 | 20.1% | 23.4% | 6.75% | $104M |
| 2025 | 939 | 549 | 20.8% | 25.8% | — | $117M |
What Wayne 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
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 35 manufactured homes, 116 investment properties.
Who gets approved at Wayne Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 94 | 40 | 40.3% |
| $50k – $100k | 209 | 148 | 10.8% |
| $100k – $150k | 178 | 130 | 7.1% |
| $150k – $250k | 129 | 74 | 4.9% |
| Over $250k | 110 | 70 | 7.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 33 | 17 | 29.2% |
| 25–34 | 143 | 61 | 40.4% |
| 35–44 | 197 | 112 | 19.6% |
| 45–54 | 155 | 83 | 34.7% |
| 55–64 | 164 | 96 | 28.5% |
| 65–74 | 119 | 77 | 20.2% |
| Over 74 | 50 | 27 | 34.9% |
Where Wayne Bank lends
2 states and 48 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Pennsylvania | 475 | 302 | 20.6% | — | #162 |
| New York | 464 | 247 | 20.9% | — | #140 |
Frequently asked questions
Wayne Bank denied 25.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 11th percentile of small mortgage lenders.
In 2025, 45% of its applications were for home purchases, 15% for refinancing (including cash-out), and 41% for home improvement or other purposes. By loan type: 100% 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.