Mortgage lender · Wilmington, DE · LEI 5493009OLY1HC3F0SB77

William Raveis Mortgage review: approval odds, rates and grade (2025)

William Raveis Mortgage earns a C, in line with the typical performance of small mortgage lenders. It turned down 13.3% of the applications it decided on in 2025, which ranks in the 35th percentile for approval odds. Its median loan was priced 0.06 points above the average prime offer rate, ranking in the 76th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

1.2kApplications2025
68.3%Originatedof applications
13.3%Decision denial ratenational 22.6%
6.50%Median ratenational 6.63%
$308MLoan volume11 states

William Raveis Mortgage at a glance, 2025

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

10.6%Denial rate (all applications)-7.41 pts vs national
13.3%Denial rate (decided applications)-9.30 pts vs national
68.3%Origination rate+10.27 pts vs national
19.1%Withdrawn by applicant
1.4%Closed for incompleteness
6.50%Median interest rate-0.13 pts vs national
0.06Median rate spread (pts over APOR)-0.19 pts vs national
$355,000Median loan amount
$5,630Median total loan costs
$129kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

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%

35th13.3% denied

Pricingmedian rate spread over APOR, weight 30%

76th0.06 pts

Processwithdrawn + incomplete share, weight 15%

18th20.5%

Closing coststotal loan costs ÷ loan amount, weight 10%

62nd1.59% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20239806749.2%11.7%6.63%$211M
20241,2949449.5%11.5%6.63%$318M
20251,22183410.6%13.3%6.50%$308M

What William Raveis 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

Home purchase 1,165 95% · 10.3% denied
Refinance 25 2% · 8.0% denied
Cash-out refinance 16 1% · 25.0% denied
Home improvement 7 1% · 14.3% denied
Other / HELOC 8 1% · 25.0% denied

By loan type

Conventional 1,116 91% · 9.3% denied
FHA 90 7% · 25.6% denied
VA 14 1% · 14.3% denied
USDA / RHS 1 0% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 48 investment properties.

Why William Raveis Mortgage denies applications

Primary reason reported for each of the 129 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 45 35%
Other 39 30%
Collateral 25 19%
Credit history 10 8%
Employment history 6 5%
Insufficient cash 3 2%
Unverifiable information 1 1%

How these reasons compare nationally →

Who gets approved at William Raveis Mortgage

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k361358.1%
$50k – $100k34124214.9%
$100k – $150k32122614.9%
$150k – $250k3232356.4%
Over $250k1941176.4%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25634516.7%
25–3442030611.5%
35–4429720211.0%
45–5418011814.9%
55–641459516.5%
65–74945520.0%
Over 7422136.7%

Where William Raveis Mortgage lends

11 states and 64 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Connecticut80256911.1%6.50%#42
Massachusetts2381667.1%6.63%#138
New York1016710.9%6.50%#266
Florida531818.9%6.63%#590
New Jersey820.0%6.81%#553
Rhode Island6516.7%6.50%#224
South Carolina530.0%6.63%#645

Frequently asked questions

William Raveis Mortgage denied 13.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 35th percentile of small mortgage lenders.

The most common reason William Raveis Mortgage gave in 2025 was "debt-to-income ratio", cited on 34.9% 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 William Raveis Mortgage originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.06 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 95% of its applications were for home purchases, 3% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 91% conventional, 7% FHA, 1% 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 William Raveis Mortgage. Data sources · Methodology