Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket MortgagePlymouth, MI | C | 13,773 | 19,924 | 22.0% | 6.88% |
| 2 | NewrezWilmington, DE | D | 6,103 | 8,654 | 24.2% | 6.75% |
| 3 | Citizens BankProvidence, RI | C | 5,501 | 20,315 | 32.7% | 7.97% |
| 4 | United Shore Financial ServicesPlymouth, MI | B | 3,398 | 14,777 | 11.2% | 6.50% |
| 5 | JPMorgan Chase BankColumbus, OH | B | 3,281 | 14,735 | 11.7% | 6.38% |
| 6 | Bethpage Federal Credit UnionBethpage, NY | C | 2,653 | 9,736 | 47.2% | 6.49% |
| 7 | Manufacturers and Traders TrustBuffalo, NY | C | 2,339 | 12,335 | 31.3% | 5.99% |
| 8 | TD BankWilmington, DE | D | 2,155 | 9,239 | 30.2% | 7.69% |
| 9 | Pennymac Loan ServicesWestlake Village, CA | C | 1,965 | 4,054 | 13.9% | 6.50% |
| 10 | Bank of AmericaCharlotte, NC | F | 1,712 | 10,193 | 35.7% | 5.99% |
| 11 | Freedom MortgageBoca Raton, FL | B | 1,678 | 1,765 | 13.7% | 6.75% |
| 12 | KeyBankCleveland, OH | C | 1,302 | 4,212 | 26.5% | 6.50% |
| 13 | Nationstar MortgageCoppell, TX | C | 1,299 | 1,519 | 16.4% | 6.63% |
| 14 | Loandepot.ComIrvine, CA | D | 1,287 | 3,857 | 18.5% | 6.75% |
| 15 | Hudson Valley Credit UnionPoughkeepsie, NY | B | 1,250 | 6,638 | 25.4% | 4.50% |
| 16 | Carrington Mortgage ServicesOrange, CA | D | 1,205 | 1,663 | 38.2% | 6.63% |
| 17 | Crosscountry MortgageCleveland, OH | B | 1,195 | 7,792 | 5.5% | 6.75% |
| 18 | Wells Fargo BankCharlotte, NC | B | 1,174 | 4,975 | 14.4% | 6.13% |
| 19 | ESL Federal Credit UnionRochester, NY | B | 1,153 | 7,817 | 17.6% | 4.50% |
| 20 | Teachers Federal Credit UnionHauppauge, NY | D | 1,149 | 3,137 | 11.1% | 6.99% |
| 21 | Broadview Federal Credit UnionAlbany, NY | C | 1,149 | 7,432 | 26.7% | 6.25% |
| 22 | Quorum Federal Credit UnionPurchase, NY | D | 984 | 1,043 | 39.4% | 8.63% |
| 23 | CitibankSioux Falls, SD | B | 969 | 7,735 | 17.3% | 6.13% |
| 24 | Empower Federal Credit UnionSyracuse, NY | B | 954 | 4,276 | 15.4% | 7.25% |
| 25 | Loan FunderNew York, NY | F | 919 | 3,034 | 10.0% | 9.99% |
| 26 | Champions FundingGilbert, AZ | F | 791 | 1,445 | 15.6% | 7.50% |
| 27 | Hometown Equity MortgageLake Forest, CA | C | 774 | 1,231 | 40.2% | 7.38% |
| 28 | Community BankCanton, NY | D | 767 | 5,574 | 16.0% | 7.00% |
| 29 | A&D MortgageFort Lauderdale, FL | C | 764 | 1,739 | 10.0% | 6.99% |
| 30 | Reliance First CapitalWilmington, DE | C | 754 | 796 | 5.0% | 6.63% |
| 31 | NBT BankNorwich, NY | B | 750 | 3,012 | 22.1% | 5.00% |
| 32 | MID-HUDSON VALLEY Federal Credit UnionKingston, NY | D | 673 | 1,216 | 33.6% | 7.00% |
| 33 | Nassau Educators Federal Credit UnionWestbury, NY | B | 671 | 3,641 | 41.7% | 5.99% |
| 34 | Nationwide Mortgage BankersLebanon, NJ | C | 670 | 2,912 | 3.0% | 6.75% |
| 35 | Broker SolutionsTustin, CA | D | 664 | 1,907 | 4.7% | 6.75% |
| 36 | AMERICU Credit UnionRome, NY | C | 640 | 3,444 | 24.1% | 6.13% |
| 37 | Discover BankGreenwood, DE | F | 629 | 3,894 | 57.3% | 8.65% |
| 38 | PHH MortgageMount Laurel, NJ | C | 603 | 631 | 8.2% | 6.38% |
| 39 | Velocity Commercial CapitalWestlake Village, CA | B | 588 | 771 | 0.9% | 10.05% |
| 40 | Navy Federal Credit UnionVienna, VA | D | 582 | 3,600 | 26.1% | 7.34% |
| 41 | Logan FinanceNew York, NY | C | 553 | 1,130 | 14.9% | 7.12% |
| 42 | Plaza Home MortgageSan Diego, CA | C | 553 | 2,124 | 34.2% | 6.75% |
| 43 | Guaranteed RateChicago, IL | B | 551 | 2,146 | 4.4% | 6.63% |
| 44 | TrustCo BankGlenville, NY | B | 533 | 2,879 | 20.8% | 5.88% |
| 45 | Royal United MortgageIndianapolis, IN | F | 524 | 548 | 24.6% | 6.75% |
| 46 | Emporium TPONewark, DE | C | 518 | 815 | 7.2% | 7.25% |
| 47 | FM Home LoansNew York, NY | B | 483 | 1,321 | 1.8% | 6.88% |
| 48 | American Financial NetworkBrea, CA | C | 464 | 1,381 | 9.0% | 6.99% |
| 49 | LendingoneBoca Raton, FL | F | 464 | 1,475 | 17.8% | 9.74% |
| 50 | Mortgage Research CenterColumbia, MO | C | 464 | 1,648 | 21.7% | 6.25% |
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.
