Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket MortgagePlymouth, MI | C | 13,753 | 22,411 | 18.6% | 6.75% |
| 2 | United Shore Financial ServicesPlymouth, MI | B | 7,058 | 13,178 | 13.4% | 6.47% |
| 3 | Citizens BankProvidence, RI | C | 6,854 | 18,256 | 28.1% | 7.65% |
| 4 | Police & FirePhiladelphia, PA | C | 5,431 | 8,460 | 34.6% | 6.25% |
| 5 | NewrezWilmington, DE | D | 5,403 | 6,444 | 20.7% | 6.75% |
| 6 | PNC BankWilmington, DE | D | 5,127 | 18,031 | 20.6% | 6.88% |
| 7 | Freedom MortgageBoca Raton, FL | B | 4,263 | 4,510 | 12.4% | 6.25% |
| 8 | Pennymac Loan ServicesWestlake Village, CA | C | 4,083 | 7,900 | 12.6% | 6.50% |
| 9 | AmeriSave MortgageSandy Springs, GA | D | 3,828 | 3,943 | 62.6% | 7.63% |
| 10 | First National Bank of PennsylvaniaHermitage, PA | B | 2,846 | 9,542 | 27.8% | 6.49% |
| 11 | Members 1stEnola, PA | B | 2,633 | 10,863 | 30.9% | 1.99% |
| 12 | Mortgage Research CenterColumbia, MO | C | 2,343 | 5,544 | 19.8% | 6.25% |
| 13 | Broker SolutionsTustin, CA | D | 2,251 | 5,201 | 9.4% | 6.75% |
| 14 | New Day FinancialWest Palm Beach, FL | F | 1,895 | 1,995 | 25.9% | 6.99% |
| 15 | Crosscountry MortgageCleveland, OH | B | 1,840 | 11,615 | 3.3% | 6.63% |
| 16 | PENNSYLVANIA STATE EMPLOYEES Credit UnionHarrisburg, PA | C | 1,786 | 8,308 | 13.7% | 6.64% |
| 17 | Kiavi FundingWilmington, DE | D | 1,734 | 3,325 | 7.6% | 9.50% |
| 18 | Manufacturers and Traders TrustBuffalo, NY | C | 1,683 | 4,830 | 27.3% | 5.99% |
| 19 | Loandepot.ComIrvine, CA | D | 1,675 | 4,111 | 26.0% | 6.75% |
| 20 | Carrington Mortgage ServicesOrange, CA | D | 1,476 | 1,598 | 44.7% | 6.63% |
| 21 | First Commonwealth BankIndiana, PA | C | 1,459 | 5,398 | 25.9% | 5.99% |
| 22 | Truist BankCharlotte, NC | C | 1,416 | 4,195 | 35.5% | 6.49% |
| 23 | Lakeview Loan ServicingCoral Gables, FL | C | 1,406 | 1,964 | 51.8% | 6.63% |
| 24 | S&T BankIndiana, PA | B | 1,352 | 3,797 | 29.6% | 6.24% |
| 25 | Dollar Bank, Federal Savings BankPittsburgh, PA | C | 1,352 | 4,438 | 19.6% | 6.74% |
| 26 | Citadel Federal Credit UnionPhiladelphia, PA | C | 1,209 | 4,102 | 21.6% | 3.99% |
| 27 | The Huntington National BankColumbus, OH | D | 1,199 | 3,365 | 28.1% | 7.59% |
| 28 | Nationstar MortgageCoppell, TX | C | 1,188 | 2,666 | 13.8% | 7.63% |
| 29 | Guaranteed RateChicago, IL | B | 1,084 | 5,160 | 4.3% | 6.58% |
| 30 | Wells Fargo BankCharlotte, NC | B | 1,061 | 2,914 | 16.7% | 6.38% |
| 31 | Village Capital & InvestmentHenderson, NV | C | 882 | 899 | 25.8% | 5.75% |
| 32 | Mutual of Omaha MortgageSan Diego, CA | C | 854 | 1,234 | 21.0% | 6.49% |
| 33 | Navy Federal Credit UnionVienna, VA | D | 845 | 4,660 | 21.4% | 7.38% |
| 34 | Northwest BankWarren, PA | B | 832 | 3,412 | 17.7% | 6.25% |
| 35 | Movement MortgageLancaster, SC | A | 811 | 5,099 | 2.7% | 6.63% |
| 36 | Fulton BankLancaster, PA | C | 794 | 4,686 | 18.9% | 6.49% |
| 37 | TD BankWilmington, DE | D | 768 | 3,422 | 25.3% | 7.44% |
| 38 | GoodLeapRoseville, CA | C | 750 | 750 | 25.2% | 6.38% |
| 39 | JPMorgan Chase BankColumbus, OH | B | 710 | 2,817 | 11.5% | 6.49% |
| 40 | Equity Prime MortgageAtlanta, GA | D | 694 | 1,055 | 10.8% | 6.50% |
| 41 | Velocity Commercial CapitalWestlake Village, CA | B | 685 | 856 | 0.6% | 10.12% |
| 42 | Bpl Mortgage TrustTampa, FL | D | 674 | 977 | 10.5% | 7.38% |
| 43 | Unnamed lender 254900M2C4Q6DATP2889 | F | 647 | 651 | 17.4% | 6.13% |
| 44 | Bank of AmericaCharlotte, NC | F | 634 | 4,468 | 32.5% | 5.99% |
| 45 | CMG MortgageSan Ramon, CA | A | 617 | 3,550 | 4.1% | 6.63% |
| 46 | Wilmington Savings Fund SocietyWilmington, DE | B | 613 | 2,420 | 14.4% | 6.63% |
| 47 | American FinancingAurora, CO | D | 602 | 684 | 43.9% | 6.13% |
| 48 | LendingoneBoca Raton, FL | F | 569 | 1,396 | 14.9% | 7.68% |
| 49 | Discover BankGreenwood, DE | F | 568 | 2,831 | 52.8% | 8.61% |
| 50 | PHH MortgageMount Laurel, NJ | C | 560 | 613 | 10.3% | 6.49% |
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.
