Rate-and-term and cash-out refinance applications combined.
| # | Lender | Grade | Refinance applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket MortgagePlymouth, MI | C | 13,436 | 19,274 | 14.8% | 6.63% |
| 2 | United Shore Financial ServicesPlymouth, MI | B | 8,813 | 13,994 | 10.4% | 6.12% |
| 3 | Freedom MortgageBoca Raton, FL | B | 7,040 | 8,029 | 6.5% | 6.25% |
| 4 | NewrezWilmington, DE | D | 5,567 | 6,390 | 16.4% | 6.38% |
| 5 | Pennymac Loan ServicesWestlake Village, CA | C | 4,743 | 8,334 | 10.7% | 6.38% |
| 6 | Mortgage Research CenterColumbia, MO | C | 3,648 | 9,000 | 16.7% | 6.25% |
| 7 | Navy Federal Credit UnionVienna, VA | D | 3,636 | 19,395 | 19.3% | 7.75% |
| 8 | Truist BankCharlotte, NC | C | 3,481 | 11,838 | 31.6% | 6.49% |
| 9 | AmeriSave MortgageSandy Springs, GA | D | 3,028 | 3,112 | 57.3% | 8.25% |
| 10 | New Day FinancialWest Palm Beach, FL | F | 1,820 | 1,893 | 24.7% | 6.99% |
| 11 | Broker SolutionsTustin, CA | D | 1,713 | 2,961 | 10.8% | 6.75% |
| 12 | Carrington Mortgage ServicesOrange, CA | D | 1,635 | 1,767 | 45.6% | 6.63% |
| 13 | Loandepot.ComIrvine, CA | D | 1,587 | 3,738 | 21.1% | 6.99% |
| 14 | Village Capital & InvestmentHenderson, NV | C | 1,579 | 1,614 | 16.4% | 5.75% |
| 15 | Lakeview Loan ServicingCoral Gables, FL | C | 1,500 | 2,266 | 49.7% | 6.43% |
| 16 | Capital CenterGlen Allen, VA | C | 1,361 | 2,546 | 12.0% | 6.38% |
| 17 | Virginia Credit UnionNorth Chesterfield, VA | D | 1,208 | 5,365 | 17.8% | 6.24% |
| 18 | Bank of AmericaCharlotte, NC | F | 1,143 | 6,584 | 31.9% | 6.24% |
| 19 | Guaranteed RateChicago, IL | B | 1,115 | 3,164 | 4.9% | 6.25% |
| 20 | Crosscountry MortgageCleveland, OH | B | 1,112 | 4,339 | 3.2% | 6.58% |
| 21 | Movement MortgageLancaster, SC | A | 1,085 | 6,126 | 4.3% | 6.56% |
| 22 | Nationstar MortgageCoppell, TX | C | 1,030 | 2,539 | 12.1% | 7.99% |
| 23 | Mutual of Omaha MortgageSan Diego, CA | C | 911 | 1,406 | 18.2% | 6.38% |
| 24 | DuPont Community Federally Insured State-Chartered Credit UnionWaynesboro, VA | A | 852 | 1,689 | 12.0% | 7.25% |
| 25 | PNC BankWilmington, DE | D | 830 | 3,090 | 25.6% | 7.43% |
| 26 | Pentagon Federal Credit UnionMclean, VA | F | 817 | 2,773 | 27.8% | 7.63% |
| 27 | Wells Fargo BankCharlotte, NC | B | 791 | 2,274 | 16.2% | 6.38% |
| 28 | GoodLeapRoseville, CA | C | 762 | 762 | 24.2% | 6.13% |
| 29 | LANGLEY Federal Credit UnionNewport News, VA | C | 761 | 3,618 | 20.0% | 6.99% |
| 30 | The Federal Savings BankChicago, IL | C | 756 | 1,023 | 7.7% | 6.50% |
| 31 | CMG MortgageSan Ramon, CA | A | 682 | 3,213 | 3.1% | 6.25% |
| 32 | Equity Prime MortgageAtlanta, GA | D | 681 | 862 | 12.9% | 6.63% |
| 33 | PHH MortgageMount Laurel, NJ | C | 645 | 752 | 5.9% | 6.38% |
| 34 | Atlantic Bay Mortgage GroupVirginia Beach, VA | A | 585 | 5,193 | 1.5% | 6.50% |
| 35 | JPMorgan Chase BankColumbus, OH | B | 557 | 2,186 | 8.4% | 6.49% |
| 36 | Prosperity Home MortgageFairfax, VA | A | 555 | 2,747 | 3.6% | 6.50% |
| 37 | Atlantic Union BankGlen Allen, VA | C | 539 | 4,871 | 24.3% | 7.50% |
| 38 | Network Capital FundingIrvine, CA | D | 508 | 528 | 15.0% | 6.25% |
| 39 | Northwest Federal Credit UnionHerndon, VA | D | 504 | 1,191 | 17.6% | 7.00% |
| 40 | American Neighborhood Mortgage Acceptance CompanyMount Laurel, NJ | B | 478 | 3,519 | 3.1% | 6.50% |
| 41 | Newport News Shipbuilding Employees Credit Union, Inc. DBA Bayport Credit UnionNewport News, VA | C | 465 | 2,358 | 11.8% | 7.49% |
| 42 | Spring EqConshohocken, PA | D | 464 | 3,471 | 49.4% | 9.58% |
| 43 | LoanUnited.comDuluth, GA | C | 463 | 730 | 7.0% | 6.13% |
| 44 | Sofi BankCottonwood Heights, UT | D | 439 | 1,663 | 6.9% | 7.74% |
| 45 | LowerColumbia, MD | C | 434 | 1,039 | 10.4% | 6.62% |
| 46 | Kiavi FundingWilmington, DE | D | 430 | 1,310 | 9.0% | 9.95% |
| 47 | American Financial NetworkBrea, CA | C | 428 | 1,369 | 6.2% | 6.63% |
| 48 | American FinancingAurora, CO | D | 426 | 481 | 47.6% | 6.13% |
| 49 | United BankVienna, VA | C | 423 | 1,944 | 15.8% | 6.49% |
| 50 | Atlantic Coast MortgageFairfax, VA | A | 418 | 4,256 | 1.8% | 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.
