Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket MortgagePlymouth, MI | C | 8,732 | 12,806 | 16.8% | 6.63% |
| 2 | United Shore Financial ServicesPlymouth, MI | B | 5,598 | 9,307 | 16.0% | 6.13% |
| 3 | NewrezWilmington, DE | D | 5,052 | 5,739 | 21.0% | 6.63% |
| 4 | Freedom MortgageBoca Raton, FL | B | 4,631 | 5,078 | 7.2% | 6.25% |
| 5 | Pennymac Loan ServicesWestlake Village, CA | C | 2,978 | 5,411 | 12.4% | 6.49% |
| 6 | Navy Federal Credit UnionVienna, VA | D | 2,124 | 11,436 | 23.0% | 8.00% |
| 7 | AmeriSave MortgageSandy Springs, GA | D | 1,931 | 1,957 | 56.5% | 8.50% |
| 8 | Truist BankCharlotte, NC | C | 1,704 | 6,559 | 34.9% | 6.49% |
| 9 | Mortgage Research CenterColumbia, MO | C | 1,560 | 3,351 | 19.2% | 6.13% |
| 10 | Manufacturers and Traders TrustBuffalo, NY | C | 1,510 | 5,497 | 32.0% | 5.99% |
| 11 | Carrington Mortgage ServicesOrange, CA | D | 1,490 | 1,617 | 51.7% | 6.87% |
| 12 | PNC BankWilmington, DE | D | 1,487 | 5,582 | 28.0% | 7.41% |
| 13 | Broker SolutionsTustin, CA | D | 1,313 | 2,247 | 12.9% | 6.75% |
| 14 | State Employees Credit Union of MarylandLinthicum, MD | D | 1,220 | 5,624 | 44.6% | 6.25% |
| 15 | Aberdeen Proving Ground Federal Credit UnionEdgewood, MD | C | 1,021 | 2,326 | 15.6% | 5.88% |
| 16 | Lakeview Loan ServicingCoral Gables, FL | C | 1,017 | 1,126 | 57.6% | 5.99% |
| 17 | Bank of AmericaCharlotte, NC | F | 977 | 6,051 | 35.8% | 6.24% |
| 18 | Loandepot.ComIrvine, CA | D | 959 | 2,210 | 22.8% | 6.63% |
| 19 | Village Capital & InvestmentHenderson, NV | C | 929 | 957 | 22.2% | 5.75% |
| 20 | New Day FinancialWest Palm Beach, FL | F | 927 | 962 | 26.2% | 6.81% |
| 21 | Nationstar MortgageCoppell, TX | C | 821 | 1,915 | 15.4% | 7.88% |
| 22 | Crosscountry MortgageCleveland, OH | B | 785 | 2,741 | 4.3% | 6.63% |
| 23 | TOWER Federal Credit UnionLaurel, MD | C | 663 | 2,733 | 25.5% | 7.00% |
| 24 | First National Bank of PennsylvaniaHermitage, PA | B | 638 | 2,690 | 24.6% | 6.49% |
| 25 | First Financial of Maryland Federal Credit UnionSparks, MD | C | 631 | 698 | 12.5% | 5.00% |
| 26 | Mutual of Omaha MortgageSan Diego, CA | C | 612 | 863 | 22.4% | 6.25% |
| 27 | Guaranteed RateChicago, IL | B | 569 | 1,515 | 6.1% | 6.38% |
| 28 | Wells Fargo BankCharlotte, NC | B | 537 | 1,307 | 16.4% | 6.38% |
| 29 | GoodLeapRoseville, CA | C | 515 | 516 | 24.6% | 6.69% |
| 30 | JPMorgan Chase BankColumbus, OH | B | 496 | 1,864 | 7.8% | 6.49% |
| 31 | OCMBCIrvine, CA | C | 483 | 1,123 | 17.5% | 7.50% |
| 32 | PHH MortgageMount Laurel, NJ | C | 469 | 496 | 5.2% | 6.00% |
| 33 | Spring EqConshohocken, PA | D | 469 | 3,348 | 51.8% | 9.63% |
| 34 | Pentagon Federal Credit UnionMclean, VA | F | 465 | 1,628 | 37.7% | 7.56% |
| 35 | Equity Prime MortgageAtlanta, GA | D | 458 | 592 | 12.5% | 6.63% |
| 36 | The Federal Savings BankChicago, IL | C | 435 | 555 | 10.1% | 6.50% |
| 37 | CMG MortgageSan Ramon, CA | A | 423 | 1,851 | 2.0% | 6.50% |
| 38 | First Home MortgageBaltimore, MD | B | 392 | 4,496 | 2.1% | 6.63% |
| 39 | Unnamed lender 254900M2C4Q6DATP2889 | F | 390 | 393 | 19.9% | 6.13% |
| 40 | LendingoneBoca Raton, FL | F | 360 | 877 | 15.7% | 7.36% |
| 41 | Kiavi FundingWilmington, DE | D | 357 | 912 | 9.8% | 9.95% |
| 42 | Atlantic Union BankGlen Allen, VA | C | 350 | 1,768 | 15.8% | 6.63% |
| 43 | NFMLinthicum, MD | A | 348 | 2,831 | 1.4% | 6.63% |
| 44 | RCN CapitalSouth Windsor, CT | D | 343 | 986 | 30.0% | 7.75% |
| 45 | Sofi BankCottonwood Heights, UT | D | 339 | 1,290 | 9.5% | 7.99% |
| 46 | Citizens BankProvidence, RI | C | 332 | 1,457 | 32.8% | 8.40% |
| 47 | Dominion Financial ServicesBaltimore, MD | A | 329 | 510 | 0.0% | 7.50% |
| 48 | Bank-Fund Staff Federal Credit UnionWashington, DC | A | 327 | 501 | 10.4% | 6.50% |
| 49 | LowerColumbia, MD | C | 313 | 942 | 11.3% | 6.63% |
| 50 | Prosperity Home MortgageFairfax, VA | A | 302 | 1,767 | 6.3% | 6.63% |
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.
