Lenders that say no least often, measured on applications they actually decided. Withdrawn and incomplete files are excluded so the figure reflects the lender, not the applicant.
| # | Lender | Grade | Decision denial rate | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | CMG MortgageSan Ramon, CA | A | 5.6% | 919 | 2.3% | 6.38% |
| 2 | Fairway Independent MortgageMadison, WI | B | 6.1% | 490 | 2.2% | 6.25% |
| 3 | First International Bank & TrustWatford City, ND | B | 5.8% | 610 | 4.1% | 6.50% |
| 4 | First Dakota National BankYankton, SD | A | 4.8% | 690 | 4.6% | 6.50% |
| 5 | Central BankStorm Lake, IA | A | 5.5% | 394 | 5.1% | 6.50% |
| 6 | Dacotah BankAberdeen, SD | B | 6.4% | 512 | 5.9% | 6.63% |
| 7 | Plains Commerce BankSioux Falls, SD | B | 10.0% | 2,280 | 5.5% | 6.25% |
| 8 | Levo Federal Credit UnionSioux Falls, | B | 7.8% | 644 | 6.8% | 7.50% |
| 9 | United Shore Financial ServicesPlymouth, MI | B | 13.9% | 563 | 9.4% | 6.13% |
| 10 | First Bank & TrustBrookings, SD | C | 14.9% | 1,320 | 11.2% | 6.63% |
| 11 | First PREMIER BankSioux Falls, SD | C | 18.8% | 1,389 | 11.7% | 6.88% |
| 12 | American Bank & TrustSioux Falls, SD | C | 16.0% | 613 | 11.9% | 6.63% |
| 13 | BankwestPierre, SD | F | 48.6% | 786 | 14.0% | 7.25% |
| 14 | Rocket MortgagePlymouth, MI | C | 19.9% | 1,027 | 16.9% | 6.75% |
| 15 | Mortgage Research CenterColumbia, MO | C | 28.1% | 593 | 16.7% | 6.25% |
| 16 | Black Hills Federal Credit UnionRapid City, SD | D | 27.1% | 1,223 | 23.0% | 7.75% |
| 17 | U.S. BankCincinnati, OH | D | 39.5% | 637 | 24.0% | 6.99% |
| 18 | First Interstate BankBillings, MT | D | 29.4% | 615 | 26.2% | 8.25% |
Ordered by decision denial rate: denied ÷ (originated + approved-not-accepted + denied). Lenders must have decided at least 300 applications in the state. All figures come from the lenders' own HMDA filings. Full methodology.
