Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket MortgagePlymouth, MI | C | 392,733 | 601,267 | 18.4% | 6.75% |
| 2 | United Shore Financial ServicesPlymouth, MI | B | 276,186 | 576,710 | 12.1% | 6.38% |
| 3 | NewrezWilmington, DE | D | 149,291 | 187,595 | 19.5% | 6.63% |
| 4 | Freedom MortgageBoca Raton, FL | B | 148,794 | 165,453 | 8.6% | 6.25% |
| 5 | Pennymac Loan ServicesWestlake Village, CA | C | 108,109 | 193,807 | 12.3% | 6.49% |
| 6 | AmeriSave MortgageSandy Springs, GA | D | 91,564 | 94,390 | 62.0% | 8.00% |
| 7 | Mortgage Research CenterColumbia, MO | C | 73,372 | 178,189 | 18.4% | 6.25% |
| 8 | Broker SolutionsTustin, CA | D | 62,623 | 140,813 | 9.2% | 6.75% |
| 9 | Loandepot.ComIrvine, CA | D | 52,841 | 155,259 | 22.0% | 6.63% |
| 10 | Lakeview Loan ServicingCoral Gables, FL | C | 52,302 | 70,176 | 51.3% | 6.38% |
| 11 | Carrington Mortgage ServicesOrange, CA | D | 47,720 | 52,211 | 44.5% | 6.63% |
| 12 | Crosscountry MortgageCleveland, OH | B | 44,009 | 190,471 | 4.1% | 6.63% |
| 13 | JPMorgan Chase BankColumbus, OH | B | 43,754 | 152,415 | 10.4% | 6.38% |
| 14 | New Day FinancialWest Palm Beach, FL | F | 43,373 | 45,454 | 23.9% | 6.99% |
| 15 | Citizens BankProvidence, RI | C | 39,448 | 119,620 | 28.7% | 7.50% |
| 16 | Bank of AmericaCharlotte, NC | F | 38,041 | 217,492 | 33.5% | 6.00% |
| 17 | Guaranteed RateChicago, IL | B | 36,840 | 129,106 | 5.7% | 6.58% |
| 18 | Nationstar MortgageCoppell, TX | C | 34,509 | 79,599 | 15.6% | 7.63% |
| 19 | Navy Federal Credit UnionVienna, VA | D | 33,229 | 179,597 | 22.5% | 7.65% |
| 20 | Village Capital & InvestmentHenderson, NV | C | 31,703 | 32,888 | 19.5% | 5.75% |
| 21 | U.S. BankCincinnati, OH | D | 30,546 | 151,832 | 33.1% | 6.88% |
| 22 | PNC BankWilmington, DE | D | 29,280 | 116,536 | 27.8% | 7.39% |
| 23 | Guild MortgageSan Diego, CA | A | 28,366 | 120,556 | 3.8% | 6.62% |
| 24 | The Huntington National BankColumbus, OH | D | 27,130 | 90,347 | 27.2% | 7.44% |
| 25 | Wells Fargo BankCharlotte, NC | B | 25,880 | 76,355 | 15.6% | 6.25% |
| 26 | CMG MortgageSan Ramon, CA | A | 25,817 | 104,189 | 4.4% | 6.63% |
| 27 | Mutual of Omaha MortgageSan Diego, CA | C | 24,821 | 41,758 | 17.6% | 6.38% |
| 28 | American FinancingAurora, CO | D | 22,933 | 26,784 | 46.6% | 6.25% |
| 29 | Fifth Third BankCincinnati, OH | D | 21,867 | 75,426 | 28.1% | 7.50% |
| 30 | Truist BankCharlotte, NC | C | 21,375 | 83,601 | 35.6% | 6.49% |
| 31 | GoodLeapRoseville, CA | C | 21,251 | 21,298 | 22.7% | 6.63% |
| 32 | PHH MortgageMount Laurel, NJ | C | 18,792 | 20,434 | 8.6% | 6.25% |
| 33 | Kiavi FundingWilmington, DE | D | 18,703 | 45,169 | 7.3% | 9.95% |
| 34 | Regions BankBirmingham, AL | C | 15,923 | 68,710 | 38.8% | 5.63% |
| 35 | Equity Prime MortgageAtlanta, GA | D | 15,388 | 28,388 | 10.4% | 6.63% |
| 36 | Movement MortgageLancaster, SC | A | 15,369 | 81,084 | 4.1% | 6.63% |
| 37 | Fairway Independent MortgageMadison, WI | B | 15,300 | 101,319 | 4.8% | 6.63% |
| 38 | Spring EqConshohocken, PA | D | 15,196 | 108,788 | 51.2% | 9.20% |
| 39 | The Federal Savings BankChicago, IL | C | 14,921 | 20,930 | 9.6% | 6.50% |
| 40 | State Employees'Raleigh, NC | C | 13,730 | 49,354 | 25.2% | 6.25% |
| 41 | Sofi BankCottonwood Heights, UT | D | 13,374 | 55,546 | 9.1% | 7.54% |
| 42 | OCMBCIrvine, CA | C | 13,338 | 29,739 | 10.0% | 7.00% |
| 43 | Third Federal Savings and Loan Association of ClevelandCleveland, OH | C | 12,961 | 39,368 | 31.2% | 6.99% |
| 44 | LowerColumbia, MD | C | 11,721 | 29,643 | 9.9% | 6.63% |
| 45 | The Loan StoreSan Francisco, CA | B | 11,711 | 58,895 | 10.9% | 6.88% |
| 46 | Discover BankGreenwood, DE | F | 11,631 | 68,974 | 55.0% | 8.68% |
| 47 | TD BankWilmington, DE | D | 11,305 | 46,634 | 27.9% | 7.49% |
| 48 | Union Home MortgageStrongsville, OH | B | 11,160 | 50,973 | 5.4% | 6.63% |
| 49 | Amerihome Mortgage CompanyThousand Oaks, CA | B | 11,123 | 15,379 | 9.3% | 6.50% |
| 50 | Randolph-Brooks Federal Credit UnionLive Oak, TX | C | 11,075 | 13,859 | 10.5% | 6.88% |
| 51 | Planet Home LendingMeriden, CT | B | 10,745 | 18,891 | 16.6% | 6.13% |
| 52 | Champions FundingGilbert, AZ | F | 10,506 | 19,143 | 20.9% | 7.63% |
| 53 | Manufacturers and Traders TrustBuffalo, NY | C | 10,498 | 40,597 | 29.7% | 5.99% |
| 54 | AMWEST FundingBrea, CA | C | 10,148 | 19,692 | 5.5% | 6.88% |
| 55 | A&D MortgageFort Lauderdale, FL | C | 9,956 | 24,436 | 9.2% | 6.75% |
| 56 | LendingoneBoca Raton, FL | F | 9,875 | 25,603 | 15.5% | 7.33% |
| 57 | Better MortgageNew York, NY | F | 9,799 | 45,682 | 27.0% | 7.13% |
| 58 | BMO BankChicago, IL | F | 9,647 | 35,661 | 32.6% | 8.23% |
| 59 | Quorum Federal Credit UnionPurchase, NY | D | 9,570 | 10,429 | 34.4% | 8.63% |
| 60 | Coastal Community BankEverett, WA | C | 9,491 | 93,158 | 2.1% | 10.24% |
| 61 | Kind LendingIrvine, CA | C | 9,484 | 45,648 | 24.4% | 6.63% |
| 62 | Homexpress MortgageSanta Ana, CA | C | 9,397 | 14,381 | 42.7% | 7.38% |
| 63 | Sun West Mortgage CompanyCerritos, CA | B | 9,136 | 16,270 | 12.9% | 6.25% |
| 64 | Mountain America Federal Credit UnionSandy, UT | D | 8,677 | 21,711 | 37.7% | 7.24% |
| 65 | Royal United MortgageIndianapolis, IN | F | 8,436 | 8,724 | 24.5% | 6.88% |
| 66 | Hometown Equity MortgageLake Forest, CA | C | 8,390 | 14,901 | 45.3% | 7.25% |
| 67 | Police & FirePhiladelphia, PA | C | 8,338 | 12,906 | 33.4% | 6.24% |
| 68 | Loan FunderNew York, NY | F | 8,193 | 20,275 | 12.5% | 9.25% |
| 69 | CitibankSioux Falls, SD | B | 8,150 | 33,966 | 15.1% | 6.00% |
| 70 | LoanUnited.comDuluth, GA | C | 8,082 | 11,293 | 8.0% | 6.00% |
| 71 | Mission LoansColumbus, OH | D | 7,875 | 12,884 | 2.2% | 7.63% |
| 72 | Plaza Home MortgageSan Diego, CA | C | 7,459 | 23,886 | 27.8% | 6.63% |
| 73 | Pentagon Federal Credit UnionMclean, VA | F | 7,442 | 26,508 | 36.7% | 7.50% |
| 74 | Velocity Commercial CapitalWestlake Village, CA | B | 7,400 | 9,454 | 0.7% | 9.99% |
| 75 | American Financial NetworkBrea, CA | C | 7,328 | 22,722 | 10.7% | 6.75% |
| 76 | AMERICA FIRST Federal Credit UnionRiverdale, UT | C | 7,232 | 22,220 | 21.4% | 6.99% |
| 77 | Finance of America ReverseTulsa, OK | C | 7,223 | 12,584 | 10.8% | 6.50% |
| 78 | LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home LoansFort Mill, SC | B | 7,145 | 12,529 | 8.4% | 6.00% |
| 79 | Flagstar BankHicksville, NY | C | 6,852 | 19,118 | 28.2% | 6.62% |
| 80 | Network Capital FundingIrvine, CA | D | 6,735 | 6,972 | 14.9% | 6.63% |
| 81 | American Pacific MortgageRoseville, CA | C | 6,545 | 34,243 | 8.3% | 6.63% |
| 82 | Paramount Residential Mortgage GroupCorona, CA | B | 6,515 | 34,318 | 3.6% | 6.50% |
| 83 | Bpl Mortgage TrustTampa, FL | D | 6,450 | 10,284 | 12.9% | 7.50% |
| 84 | Idaho Central Credit UnionChubbuck, ID | A | 6,369 | 17,003 | 16.7% | 7.00% |
| 85 | Prosperity Home MortgageFairfax, VA | A | 6,251 | 28,926 | 6.2% | 6.50% |
| 86 | Everett FinancialDallas, | C | 6,056 | 28,292 | 5.7% | 6.75% |
| 87 | MilendAlpharetta, GA | F | 6,034 | 6,161 | 13.1% | 6.25% |
| 88 | Boeing Employees Credit UnionTukwila, WA | B | 6,000 | 22,885 | 23.7% | 6.13% |
| 89 | First National Bank of PennsylvaniaHermitage, PA | B | 5,974 | 24,133 | 23.9% | 6.49% |
| 90 | Nexera HoldingEmeryville, CA | D | 5,930 | 10,661 | 9.1% | 7.38% |
| 91 | Summit Credit UnionCottage Grove, WI | A | 5,865 | 15,649 | 13.9% | 6.75% |
| 92 | Citadel ServicingIrvine, CA | B | 5,836 | 11,548 | 3.7% | 7.50% |
| 93 | SchoolsfirstTustin, CA | A | 5,812 | 19,086 | 10.0% | 6.25% |
| 94 | American Heritage LendingIrvine, CA | D | 5,797 | 9,325 | 8.1% | 7.50% |
| 95 | Longbridge FinancialMahwah, NJ | F | 5,710 | 8,187 | 10.9% | 6.25% |
| 96 | Commerce Home MortgageAnaheim, CA | C | 5,648 | 14,858 | 10.0% | 7.25% |
| 97 | First-Citizens Bank & TrustRaleigh, NC | B | 5,417 | 21,831 | 19.9% | 6.35% |
| 98 | Provident Funding AssociatesSanta Rosa, CA | A | 5,311 | 18,818 | 6.9% | 6.38% |
| 99 | Angel Oak Mortgage SolutionsAtlanta, GA | D | 5,281 | 10,229 | 14.5% | 7.50% |
| 100 | GREENSTATE Credit UnionNorth Liberty, IA | B | 5,189 | 21,762 | 8.7% | 6.50% |
Ordered by the number of applications of this type received in 2025. All figures come from the lenders' own HMDA filings. Full methodology.
