Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket MortgagePlymouth, MI | C | 843 | 1,165 | 22.0% | 6.75% |
| 2 | Eastrise Federal Credit UnionWilliston, VT | A | 831 | 3,529 | 5.1% | 6.50% |
| 3 | North CountrySouth Burlington, VT | C | 391 | 1,135 | 9.5% | 7.25% |
| 4 | Vermont Federal Credit UnionSouth Burlington, VT | A | 329 | 1,003 | 12.0% | 6.75% |
| 5 | NewrezWilmington, DE | D | 255 | 273 | 20.9% | 6.69% |
| 6 | AmeriSave MortgageSandy Springs, GA | D | 230 | 242 | 63.6% | 7.75% |
| 7 | Citizens BankProvidence, RI | C | 219 | 826 | 38.9% | 7.65% |
| 8 | Freedom MortgageBoca Raton, FL | B | 213 | 219 | 9.6% | 6.25% |
| 9 | Mortgage Research CenterColumbia, MO | C | 160 | 366 | 15.3% | 6.44% |
| 10 | Community BankCanton, NY | D | 136 | 607 | 13.3% | 7.00% |
| 11 | Manufacturers and Traders TrustBuffalo, NY | C | 136 | 617 | 30.8% | 5.99% |
| 12 | Pennymac Loan ServicesWestlake Village, CA | C | 129 | 181 | 10.5% | 6.13% |
| 13 | Mascoma BankLebanon, NH | B | 123 | 717 | 16.5% | 6.75% |
| 14 | Broker SolutionsTustin, CA | D | 111 | 228 | 11.0% | 6.75% |
| 15 | TD BankWilmington, DE | D | 105 | 390 | 24.4% | 7.49% |
| 16 | CMG MortgageSan Ramon, CA | A | 101 | 459 | 5.7% | 6.63% |
| 17 | United Shore Financial ServicesPlymouth, MI | B | 89 | 219 | 9.1% | 6.36% |
| 18 | Loandepot.ComIrvine, CA | D | 88 | 116 | 28.5% | 6.19% |
| 19 | Community National BankDerby, VT | A | 84 | 306 | 4.9% | 6.91% |
| 20 | Nationstar MortgageCoppell, TX | C | 78 | 99 | 21.2% | 6.75% |
| 21 | 802 Credit UnionBarre, VT | B | 74 | 328 | 3.7% | 6.88% |
| 22 | Mutual of Omaha MortgageSan Diego, CA | C | 73 | 111 | 16.2% | 6.25% |
| 23 | Union BankMorristown, VT | B | 73 | 641 | 4.5% | 6.63% |
| 24 | Lakeview Loan ServicingCoral Gables, FL | C | 60 | 75 | 44.0% | 6.19% |
| 25 | Carrington Mortgage ServicesOrange, CA | D | 58 | 62 | 46.8% | 6.38% |
| 26 | Northeast Home LoanChesterfield, NH | A | 55 | 524 | 2.1% | 6.50% |
| 27 | Northfield Savings BankNorthfield, VT | B | 53 | 319 | 9.7% | 6.50% |
| 28 | Peoples Trust Company of St. AlbansSt. Albans, VT | B | 45 | 208 | 8.7% | — |
| 29 | Emm LoansCherry Hill, NJ | B | 44 | 761 | 1.5% | 6.63% |
| 30 | Bar Harbor Bank & TrustBar Harbor, ME | D | 42 | 119 | 25.2% | 7.20% |
| 31 | Guaranteed RateChicago, IL | B | 39 | 97 | 9.3% | 6.93% |
| 32 | NBT BankNorwich, NY | B | 34 | 92 | 18.5% | 5.25% |
| 33 | Navy Federal Credit UnionVienna, VA | D | 33 | 184 | 19.6% | 6.75% |
| 34 | KeyBankCleveland, OH | C | 32 | 94 | 31.9% | 7.70% |
| 35 | Sofi BankCottonwood Heights, UT | D | 27 | 94 | 7.5% | 7.33% |
| 36 | Movement MortgageLancaster, SC | A | 25 | 97 | 13.4% | 6.53% |
| 37 | Crosscountry MortgageCleveland, OH | B | 25 | 102 | 8.8% | 7.13% |
| 38 | Guild MortgageSan Diego, CA | A | 25 | 198 | 3.0% | 6.50% |
| 39 | American FinancingAurora, CO | D | 24 | 27 | 37.0% | 6.13% |
| 40 | Better MortgageNew York, NY | F | 24 | 219 | 25.6% | 6.63% |
| 41 | ONE Credit UnionSpringfield, VT | C | 23 | 107 | 13.1% | 7.13% |
| 42 | Bank of AmericaCharlotte, NC | F | 23 | 191 | 27.2% | 6.00% |
| 43 | LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home LoansFort Mill, SC | B | 21 | 39 | 15.4% | 6.00% |
| 44 | Village Capital & InvestmentHenderson, NV | C | 20 | 20 | 30.0% | 5.49% |
| 45 | The Federal Savings BankChicago, IL | C | 20 | 26 | 3.9% | 6.75% |
| 46 | The National Bank of MiddleburyMiddlebury, VT | B | 20 | 156 | 5.1% | — |
| 47 | U.S. BankCincinnati, OH | D | 19 | 145 | 50.3% | 6.99% |
| 48 | PHH MortgageMount Laurel, NJ | C | 16 | 16 | 0.0% | 6.63% |
| 49 | Wells Fargo BankCharlotte, NC | B | 16 | 54 | 13.0% | 6.50% |
| 50 | USAA Federal Savings BankPhoenix, AZ | C | 16 | 83 | 34.9% | 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.
