Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Citizens BankProvidence, RI | C | 7,046 | 17,476 | 29.0% | 7.40% |
| 2 | Rocket MortgagePlymouth, MI | C | 6,224 | 8,698 | 15.9% | 6.75% |
| 3 | NewrezWilmington, DE | D | 3,188 | 3,690 | 21.8% | 6.75% |
| 4 | United Shore Financial ServicesPlymouth, MI | B | 2,640 | 5,898 | 12.8% | 6.50% |
| 5 | Freedom MortgageBoca Raton, FL | B | 2,073 | 2,209 | 9.3% | 6.25% |
| 6 | Guaranteed RateChicago, IL | B | 2,052 | 7,313 | 4.5% | 6.50% |
| 7 | Eastern BankBoston, MA | B | 2,050 | 6,216 | 31.8% | 6.99% |
| 8 | Bank of AmericaCharlotte, NC | F | 1,614 | 7,784 | 30.1% | 5.99% |
| 9 | Crosscountry MortgageCleveland, OH | B | 1,590 | 5,634 | 3.8% | 6.63% |
| 10 | Rockland TrustRockland, MA | C | 1,585 | 5,990 | 28.6% | 6.99% |
| 11 | AmeriSave MortgageSandy Springs, GA | D | 1,539 | 1,592 | 56.1% | 8.38% |
| 12 | Pennymac Loan ServicesWestlake Village, CA | C | 1,412 | 2,555 | 12.2% | 6.50% |
| 13 | Broker SolutionsTustin, CA | D | 1,219 | 2,637 | 10.2% | 6.75% |
| 14 | Loandepot.ComIrvine, CA | D | 1,211 | 2,933 | 16.6% | 6.75% |
| 15 | Leader BankArlington, MA | A | 1,158 | 5,913 | 1.8% | 6.25% |
| 16 | TD BankWilmington, DE | D | 1,004 | 3,778 | 26.9% | 7.44% |
| 17 | Lakeview Loan ServicingCoral Gables, FL | C | 972 | 1,242 | 45.7% | 6.25% |
| 18 | CMG MortgageSan Ramon, CA | A | 928 | 3,435 | 5.8% | 6.63% |
| 19 | Guild MortgageSan Diego, CA | A | 903 | 3,089 | 4.1% | 6.50% |
| 20 | DigitalSan Jose, CA | D | 869 | 3,461 | 23.8% | 7.75% |
| 21 | Mutual of Omaha MortgageSan Diego, CA | C | 760 | 1,076 | 19.0% | 6.25% |
| 22 | The Cape Cod Five Cents Savings BankHyannis, MA | C | 716 | 2,840 | 11.7% | 7.50% |
| 23 | Mortgage Research CenterColumbia, MO | C | 687 | 1,481 | 20.1% | 6.13% |
| 24 | Nationstar MortgageCoppell, TX | C | 663 | 1,448 | 17.1% | 7.63% |
| 25 | Manufacturers and Traders TrustBuffalo, NY | C | 614 | 2,606 | 24.3% | 5.88% |
| 26 | Fairway Independent MortgageMadison, WI | B | 594 | 2,658 | 6.1% | 6.63% |
| 27 | JPMorgan Chase BankColumbus, OH | B | 555 | 2,022 | 9.7% | 6.38% |
| 28 | Workers Federal Credit UnionLittleton, MA | B | 527 | 1,638 | 11.1% | 6.38% |
| 29 | Movement MortgageLancaster, SC | A | 519 | 1,862 | 4.4% | 6.63% |
| 30 | PHH MortgageMount Laurel, NJ | C | 473 | 503 | 6.8% | 6.00% |
| 31 | Hanscom Federal Credit UnionHanscom Afb, MA | B | 464 | 1,088 | 15.2% | 7.00% |
| 32 | Salem Five Cents Savings BankSalem, MA | A | 428 | 1,448 | 14.4% | 5.99% |
| 33 | ROCKLAND Federal Credit UnionRockland, MA | C | 405 | 1,231 | 20.6% | 7.00% |
| 34 | Middlesex Savings BankNatick, MA | A | 373 | 1,450 | 9.5% | 6.63% |
| 35 | U.S. BankCincinnati, OH | D | 369 | 1,505 | 22.1% | 6.49% |
| 36 | bankESBEasthampton, MA | A | 355 | 1,770 | 7.5% | 6.13% |
| 37 | Sofi BankCottonwood Heights, UT | D | 339 | 1,233 | 8.0% | 7.49% |
| 38 | Webster BankStamford, CT | C | 311 | 975 | 19.1% | 6.38% |
| 39 | Navy Federal Credit UnionVienna, VA | D | 310 | 1,436 | 21.7% | 7.75% |
| 40 | The Federal Savings BankChicago, IL | C | 306 | 351 | 9.4% | 6.50% |
| 41 | METRO Credit UnionChelsea, MA | B | 298 | 1,423 | 11.6% | 6.88% |
| 42 | Radius Financial GroupNorwell, MA | B | 290 | 1,125 | 3.4% | 6.62% |
| 43 | Baycoast Mortgage CompanySwansea, MA | A | 286 | 783 | 5.5% | 6.50% |
| 44 | Village Capital & InvestmentHenderson, NV | C | 280 | 285 | 23.2% | 5.75% |
| 45 | Discover BankGreenwood, DE | F | 271 | 1,379 | 53.7% | 8.70% |
| 46 | Cambridge Savings BankCambridge, MA | A | 267 | 1,289 | 6.4% | 6.49% |
| 47 | OCMBCIrvine, CA | C | 266 | 576 | 14.1% | 7.25% |
| 48 | JEANNE D'ARC Credit UnionLowell, MA | B | 262 | 868 | 11.5% | 6.50% |
| 49 | Leominster Credit UnionLeominster, MA | D | 258 | 736 | 18.5% | — |
| 50 | Harborone MortgageBrockton, MA | B | 238 | 950 | 9.3% | 6.38% |
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.
