Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket MortgagePlymouth, MI | C | 4,922 | 7,630 | 16.3% | 6.63% |
| 2 | United Shore Financial ServicesPlymouth, MI | B | 3,782 | 8,694 | 10.6% | 6.38% |
| 3 | U.S. BankCincinnati, OH | D | 1,801 | 8,624 | 30.4% | 7.88% |
| 4 | NewrezWilmington, DE | D | 1,769 | 2,419 | 16.9% | 6.63% |
| 5 | Freedom MortgageBoca Raton, FL | B | 1,745 | 1,878 | 9.0% | 6.25% |
| 6 | Pennymac Loan ServicesWestlake Village, CA | C | 1,624 | 2,758 | 9.9% | 6.25% |
| 7 | Trustone Financial Credit UnionPlymouth, MN | C | 1,555 | 6,066 | 20.0% | 7.25% |
| 8 | Affinity PlusSaint Paul, MN | C | 1,297 | 5,438 | 14.6% | 6.63% |
| 9 | Bell BankFargo, ND | A | 1,282 | 7,987 | 5.3% | 6.63% |
| 10 | Broker SolutionsTustin, CA | D | 1,163 | 3,246 | 5.5% | 6.75% |
| 11 | Blaze Credit UnionFalcon Heights, MN | B | 1,007 | 4,074 | 12.3% | 6.38% |
| 12 | Mortgage Research CenterColumbia, MO | C | 961 | 2,262 | 17.7% | 6.25% |
| 13 | Crosscountry MortgageCleveland, OH | B | 826 | 3,942 | 2.1% | 6.63% |
| 14 | AmeriSave MortgageSandy Springs, GA | D | 823 | 867 | 61.8% | 6.63% |
| 15 | Wells Fargo BankCharlotte, NC | B | 796 | 2,449 | 13.0% | 6.38% |
| 16 | Loandepot.ComIrvine, CA | D | 713 | 2,104 | 17.6% | 6.75% |
| 17 | Lakeview Loan ServicingCoral Gables, FL | C | 683 | 752 | 50.1% | 6.13% |
| 18 | The Huntington National BankColumbus, OH | D | 677 | 3,033 | 27.6% | 7.25% |
| 19 | Old National BankEvansville, IN | B | 658 | 2,617 | 14.4% | 6.38% |
| 20 | Wings Financial Credit UnionApple Valley, MN | A | 611 | 3,960 | 16.4% | 7.25% |
| 21 | New Day FinancialWest Palm Beach, FL | F | 590 | 609 | 20.9% | 6.99% |
| 22 | Guaranteed RateChicago, IL | B | 576 | 2,417 | 5.5% | 6.58% |
| 23 | Carrington Mortgage ServicesOrange, CA | D | 535 | 573 | 45.6% | 6.63% |
| 24 | Fairway Independent MortgageMadison, WI | B | 487 | 3,327 | 3.2% | 6.75% |
| 25 | Nationstar MortgageCoppell, TX | C | 460 | 1,158 | 13.2% | 8.25% |
| 26 | Magnifi Financial Credit UnionMelrose, MN | B | 431 | 1,377 | 10.4% | 6.25% |
| 27 | Mutual of Omaha MortgageSan Diego, CA | C | 424 | 941 | 10.2% | 6.43% |
| 28 | Alerus FinancialGrand Forks, ND | B | 423 | 1,815 | 5.5% | 6.63% |
| 29 | Merchants BankWinona, MN | A | 364 | 1,435 | 5.1% | 6.25% |
| 30 | Luminate BankMinneapolis, MN | B | 327 | 1,809 | 2.3% | 6.63% |
| 31 | JPMorgan Chase BankColumbus, OH | B | 318 | 1,028 | 12.1% | 6.49% |
| 32 | BMO BankChicago, IL | F | 315 | 1,046 | 34.2% | 8.48% |
| 33 | Prosperity Home MortgageFairfax, VA | A | 306 | 2,141 | 3.6% | 6.63% |
| 34 | CMG MortgageSan Ramon, CA | A | 282 | 1,098 | 3.1% | 6.75% |
| 35 | St. Cloud FinancialSartell, MN | B | 281 | 379 | 9.2% | 6.00% |
| 36 | GoodLeapRoseville, CA | C | 278 | 278 | 20.9% | 7.05% |
| 37 | American FinancingAurora, CO | D | 272 | 317 | 41.3% | 6.38% |
| 38 | Sofi BankCottonwood Heights, UT | D | 262 | 1,000 | 8.3% | 7.62% |
| 39 | Plaza Home MortgageSan Diego, CA | C | 243 | 966 | 15.6% | 6.38% |
| 40 | Unnamed lender 254900M2C4Q6DATP2889 | F | 242 | 244 | 14.8% | 5.99% |
| 41 | Royal Credit UnionEau Claire, WI | B | 242 | 2,342 | 11.0% | 6.75% |
| 42 | Village Capital & InvestmentHenderson, NV | C | 240 | 250 | 26.8% | 5.75% |
| 43 | Guild MortgageSan Diego, CA | A | 234 | 1,061 | 2.5% | 6.75% |
| 44 | Tradition MortgageLakeville, MN | A | 207 | 1,112 | 0.2% | 6.63% |
| 45 | Equity Prime MortgageAtlanta, GA | D | 202 | 275 | 8.7% | 6.63% |
| 46 | Associated BankGreen Bay, WI | B | 195 | 898 | 27.1% | 6.75% |
| 47 | Everett FinancialDallas, | C | 186 | 1,296 | 1.6% | 6.88% |
| 48 | Members Cooperative Credit UnionDuluth, MN | D | 185 | 799 | 15.9% | 7.50% |
| 49 | Coastal Community BankEverett, WA | C | 185 | 1,689 | 1.7% | 10.49% |
| 50 | Deerwood BankBaxter, | A | 184 | 1,074 | 4.8% | 7.25% |
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.
