Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | United Shore Financial ServicesPlymouth, MI | B | 12,221 | 25,383 | 10.2% | 6.25% |
| 2 | Rocket MortgagePlymouth, MI | C | 11,613 | 17,947 | 15.6% | 6.75% |
| 3 | Desert Financial Credit UnionPhoenix, AZ | B | 4,835 | 16,970 | 24.3% | 6.49% |
| 4 | Freedom MortgageBoca Raton, FL | B | 4,669 | 4,991 | 7.0% | 6.00% |
| 5 | NewrezWilmington, DE | D | 3,961 | 4,922 | 16.9% | 6.38% |
| 6 | Pennymac Loan ServicesWestlake Village, CA | C | 2,925 | 5,838 | 11.7% | 6.62% |
| 7 | AmeriSave MortgageSandy Springs, GA | D | 2,085 | 2,127 | 60.7% | 8.38% |
| 8 | Crosscountry MortgageCleveland, OH | B | 2,013 | 7,570 | 3.8% | 6.58% |
| 9 | Lakeview Loan ServicingCoral Gables, FL | C | 1,796 | 2,547 | 50.3% | 6.49% |
| 10 | Broker SolutionsTustin, CA | D | 1,729 | 3,480 | 7.7% | 6.75% |
| 11 | Mortgage Research CenterColumbia, MO | C | 1,702 | 3,676 | 18.8% | 6.13% |
| 12 | Loandepot.ComIrvine, CA | D | 1,586 | 6,180 | 16.1% | 5.99% |
| 13 | Guild MortgageSan Diego, CA | A | 1,542 | 4,880 | 4.3% | 6.63% |
| 14 | Nova Financial & InvestmentTucson, AZ | C | 1,503 | 5,380 | 16.2% | 6.49% |
| 15 | JPMorgan Chase BankColumbus, OH | B | 1,499 | 4,573 | 11.2% | 6.50% |
| 16 | Fairway Independent MortgageMadison, WI | B | 1,391 | 6,729 | 5.6% | 6.63% |
| 17 | New Day FinancialWest Palm Beach, FL | F | 1,280 | 1,354 | 23.2% | 6.75% |
| 18 | GoodLeapRoseville, CA | C | 1,204 | 1,207 | 17.9% | 6.99% |
| 19 | Carrington Mortgage ServicesOrange, CA | D | 1,182 | 1,260 | 43.2% | 6.63% |
| 20 | CMG MortgageSan Ramon, CA | A | 1,034 | 2,740 | 5.0% | 6.75% |
| 21 | Nationstar MortgageCoppell, TX | C | 1,025 | 2,625 | 15.1% | 8.00% |
| 22 | Bank of AmericaCharlotte, NC | F | 1,013 | 6,229 | 32.2% | 6.24% |
| 23 | Guaranteed RateChicago, IL | B | 995 | 2,727 | 6.6% | 6.58% |
| 24 | Village Capital & InvestmentHenderson, NV | C | 912 | 935 | 22.0% | 5.75% |
| 25 | Navy Federal Credit UnionVienna, VA | D | 804 | 4,421 | 24.0% | 7.75% |
| 26 | Mountain America Federal Credit UnionSandy, UT | D | 763 | 2,248 | 42.8% | 7.38% |
| 27 | Wells Fargo BankCharlotte, NC | B | 750 | 2,032 | 15.2% | 6.38% |
| 28 | The Loan StoreSan Francisco, CA | B | 705 | 3,658 | 9.8% | 6.88% |
| 29 | Unnamed lender 254900M2C4Q6DATP2889 | F | 701 | 718 | 15.0% | 6.25% |
| 30 | Mutual of Omaha MortgageSan Diego, CA | C | 698 | 1,303 | 12.1% | 6.38% |
| 31 | Spring EqConshohocken, PA | D | 690 | 4,706 | 47.3% | 8.95% |
| 32 | U.S. BankCincinnati, OH | D | 653 | 4,149 | 39.3% | 7.60% |
| 33 | OneAZ Credit UnionPhoenix, AZ | D | 639 | 4,171 | 27.8% | 7.25% |
| 34 | Equity Prime MortgageAtlanta, GA | D | 608 | 1,135 | 10.8% | 6.63% |
| 35 | PHH MortgageMount Laurel, NJ | C | 594 | 659 | 7.6% | 6.13% |
| 36 | Arizona Financial Credit UnionPhoenix, AZ | D | 592 | 3,698 | 25.3% | 7.25% |
| 37 | Zions BancorporationSalt Lake City, UT | B | 559 | 2,388 | 34.2% | 8.00% |
| 38 | American Pacific MortgageRoseville, CA | C | 542 | 2,254 | 9.2% | 6.63% |
| 39 | V.i.p. MortgageScottsdale, AZ | B | 534 | 2,930 | 2.5% | 6.62% |
| 40 | American FinancingAurora, CO | D | 527 | 602 | 52.2% | 6.06% |
| 41 | Sun West Mortgage CompanyCerritos, CA | B | 519 | 926 | 13.9% | 6.13% |
| 42 | BMO BankChicago, IL | F | 513 | 2,130 | 32.5% | 8.23% |
| 43 | LoanUnited.comDuluth, GA | C | 454 | 628 | 6.4% | 6.13% |
| 44 | The Federal Savings BankChicago, IL | C | 429 | 493 | 10.8% | 6.50% |
| 45 | Network Capital FundingIrvine, CA | D | 425 | 438 | 12.6% | 6.63% |
| 46 | Quorum Federal Credit UnionPurchase, NY | D | 422 | 446 | 29.2% | 8.63% |
| 47 | OCMBCIrvine, CA | C | 399 | 809 | 8.4% | 7.13% |
| 48 | Paramount Residential Mortgage GroupCorona, CA | B | 395 | 1,583 | 3.4% | 6.50% |
| 49 | Nexera HoldingEmeryville, CA | D | 390 | 643 | 7.0% | 7.38% |
| 50 | Coastal Community BankEverett, WA | C | 383 | 3,308 | 2.2% | 9.99% |
Ordered by the number of applications of this type received in 2025 in the state. All figures come from the lenders' own HMDA filings. Full methodology.
