Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket MortgagePlymouth, MI | C | 10,534 | 16,971 | 19.7% | 6.75% |
| 2 | United Shore Financial ServicesPlymouth, MI | B | 7,661 | 15,644 | 13.0% | 6.50% |
| 3 | NewrezWilmington, DE | D | 5,256 | 6,033 | 21.9% | 6.75% |
| 4 | JPMorgan Chase BankColumbus, OH | B | 4,546 | 13,574 | 9.7% | 6.49% |
| 5 | Guaranteed RateChicago, IL | B | 4,135 | 17,479 | 4.9% | 6.63% |
| 6 | Freedom MortgageBoca Raton, FL | B | 4,086 | 4,316 | 9.6% | 6.25% |
| 7 | AmeriSave MortgageSandy Springs, GA | D | 3,750 | 3,886 | 64.7% | 8.00% |
| 8 | Pennymac Loan ServicesWestlake Village, CA | C | 3,361 | 5,192 | 12.6% | 6.49% |
| 9 | Crosscountry MortgageCleveland, OH | B | 2,388 | 8,779 | 4.5% | 6.75% |
| 10 | Broker SolutionsTustin, CA | D | 2,365 | 6,886 | 8.3% | 6.88% |
| 11 | Mortgage Research CenterColumbia, MO | C | 2,335 | 5,914 | 16.0% | 6.25% |
| 12 | Fifth Third BankCincinnati, OH | D | 2,296 | 8,628 | 32.1% | 7.50% |
| 13 | BMO BankChicago, IL | F | 2,252 | 8,007 | 32.7% | 8.33% |
| 14 | The Huntington National BankColumbus, OH | D | 2,140 | 8,226 | 31.9% | 6.99% |
| 15 | Loandepot.ComIrvine, CA | D | 1,990 | 7,019 | 17.7% | 6.88% |
| 16 | U.S. BankCincinnati, OH | D | 1,864 | 10,076 | 38.3% | 7.00% |
| 17 | PNC BankWilmington, DE | D | 1,766 | 6,796 | 26.7% | 7.25% |
| 18 | Lakeview Loan ServicingCoral Gables, FL | C | 1,718 | 2,288 | 54.4% | 6.63% |
| 19 | Carrington Mortgage ServicesOrange, CA | D | 1,566 | 1,680 | 47.2% | 6.63% |
| 20 | Consumers Cooperative Credit UnionGurnee, IL | A | 1,461 | 2,525 | 8.4% | 6.74% |
| 21 | Nationstar MortgageCoppell, TX | C | 1,274 | 2,970 | 15.1% | 7.88% |
| 22 | GREENSTATE Credit UnionNorth Liberty, IA | B | 1,174 | 5,658 | 7.1% | 6.75% |
| 23 | First American BankElk Grove Village, IL | C | 1,131 | 3,511 | 28.3% | 7.00% |
| 24 | Guild MortgageSan Diego, CA | A | 1,118 | 4,009 | 5.6% | 6.63% |
| 25 | Bank of AmericaCharlotte, NC | F | 1,053 | 6,817 | 33.5% | 5.99% |
| 26 | Fairway Independent MortgageMadison, WI | B | 1,000 | 6,151 | 6.0% | 6.88% |
| 27 | Barrington Bank & Trust CompanyBarrington, IL | C | 905 | 3,980 | 5.4% | 6.63% |
| 28 | Credit Union 1Rantoul, IL | F | 897 | 967 | 27.3% | 6.63% |
| 29 | New Day FinancialWest Palm Beach, FL | F | 860 | 894 | 26.7% | 6.99% |
| 30 | LowerColumbia, MD | C | 850 | 1,808 | 8.5% | 6.75% |
| 31 | Mutual of Omaha MortgageSan Diego, CA | C | 842 | 1,930 | 13.0% | 6.63% |
| 32 | Old National BankEvansville, IN | B | 827 | 3,859 | 26.8% | 6.25% |
| 33 | Citizens Equity FirstPeoria, IL | B | 813 | 4,229 | 10.6% | 7.25% |
| 34 | Loan FunderNew York, NY | F | 792 | 1,911 | 9.6% | 7.99% |
| 35 | Kiavi FundingWilmington, DE | D | 777 | 1,239 | 5.0% | 9.95% |
| 36 | Village Capital & InvestmentHenderson, NV | C | 749 | 787 | 23.8% | 6.00% |
| 37 | Union Home MortgageStrongsville, OH | B | 722 | 2,224 | 5.9% | 6.63% |
| 38 | Navy Federal Credit UnionVienna, VA | D | 686 | 3,739 | 25.9% | 7.34% |
| 39 | OriginPointChicago, IL | B | 658 | 2,776 | 2.4% | 6.63% |
| 40 | Regions BankBirmingham, AL | C | 601 | 2,543 | 38.2% | 4.99% |
| 41 | The Loan StoreSan Francisco, CA | B | 597 | 2,236 | 7.7% | 6.75% |
| 42 | American Pacific MortgageRoseville, CA | C | 596 | 3,209 | 6.9% | 6.75% |
| 43 | Wells Fargo BankCharlotte, NC | B | 594 | 1,521 | 14.7% | 6.50% |
| 44 | The Federal Savings BankChicago, IL | C | 587 | 1,470 | 8.2% | 6.63% |
| 45 | PHH MortgageMount Laurel, NJ | C | 552 | 619 | 9.7% | 6.63% |
| 46 | Sofi BankCottonwood Heights, UT | D | 507 | 2,257 | 7.4% | 7.79% |
| 47 | Discover BankGreenwood, DE | F | 498 | 3,120 | 53.2% | 8.87% |
| 48 | Coastal Community BankEverett, WA | C | 471 | 4,874 | 2.4% | 10.49% |
| 49 | American FinancingAurora, CO | D | 449 | 496 | 47.0% | 6.25% |
| 50 | Neighborhood LoansDowner Grove, IL | C | 422 | 3,063 | 55.0% | 8.75% |
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.
