LEI 5493000WAJ1FMTFL5D75 · Greencastle, PA
HomePromise Corporation
Denial sits in the upper fleet tercile at 52.0% across 1,500 HMDA applications, a stricter underwriting book than most reporters.
Denial tercile vs fleet
HomePromise Corporation posts a 52.0% denial rate, above the fleet's upper tercile (~13.79%) - across 1,500 applications with 88 originations. Leading cited denial reason: credit history. Volume rank is still not origination-share rank.
- #1070
- Origination-share rank of 1,076
- 5.9%
- Origination share
- 88
- Originated
- 52.0%
- Denial rate
According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.
Reported application outcomes
1,500reported applications
Where HomePromise Corporation sits by reported originations
2024 CFPB HMDA reporting lenders, bucketed by originated-loan count
88 37th percentile higher than 37% of 4,908 reporting lenders
Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.
Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year
Loan types by applications · HomePromise Corporation
Application volume by HMDA loan type in this lender's 2024 book.
Cited denial reasons · HomePromise Corporation
Lender-reported HMDA denial-reason counts (top reasons shown).
Mid-volume reporter. HomePromise Corporation's 5.9% origination rate and 52.0% denial rate sit on a mid-tercile originated book (88 funded; fleet band ~78-310). Approval and denial do not sum to 100% - HMDA also records withdrawals, incompletes, and purchased loans. Most-cited denial codes: Credit history, Debt-to-income ratio, Employment history. Program weight concentrates in VA (1,423 applications).
How to read HomePromise Corporation. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.
Lending activity by loan program · HomePromise Corporation
HomePromise Corporation filed most under VA. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| VA | 1,423 | 81 | 743 | $320,355 |
| FHA | 45 | 1 | 27 | $242,556 |
| Conventional | 30 | 6 | 8 | $316,333 |
| USDA | 2 | 0 | 2 | $180,000 |
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for HomePromise Corporation (LEI: 5493000WAJ1FMTFL5D75) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Why borrowers applied
Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 1,402 | 80 | $315,235 |
| Refinancing | 41 | 1 | $387,439 |
| Home Improvement | 29 | 3 | $353,276 |
| Cash-out Refinancing | 28 | 4 | $305,000 |
Reported outcomes by applicant race
CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 918 | 7.2% | 48.4% |
| Black or African American | 461 | 3.7% | 59.0% |
| Joint | 78 | 5.1% | 56.4% |
| Asian * | 15 | 0.0% | 33.3% |
| American Indian or Alaska Native * | 9 | 0.0% | 55.6% |
| 2 or more minority races * | 3 | 0.0% | 66.7% |
| Native Hawaiian or Other Pacific Islander * | 2 | 0.0% | 100.0% |
* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.
Reported outcomes by applicant ethnicity
Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 1,282 | 6.2% | 52.0% |
| Hispanic or Latino | 129 | 2.3% | 50.4% |
| Joint | 81 | 6.2% | 55.6% |
Nearby Lenders in PA
Other HMDA-reporting lenders in PA with similar activity. Compare any two side-by-side.
One of 240 other HMDA-reporting lenders in PA, 5 are shown here.
Newrez LLC
FORT WASHINGTON, PA
Pnc Bank N.A.
Pittsburgh, PA
Spring Eq, LLC
RADNOR, PA
Nvr Mortgage Finance, INC.
PITTSBURGH, PA
First National Bank of PA
PITTSBURGH, PA
Nationwide lenders with similar profiles
Two HMDA peer sets for HomePromise Corporation, both outside PA so the neighborhoods are not state containment (the Nearby list above stays in-state). Peers are drawn from lenders with ≥1,000 applications, the same floor used on approval and denial rankings.
Similar denial rate
Nearest other-state lenders by denial rate (52.0% here).
Similar application volume
Nearest other-state lenders by total applications (1,500 here).
Read with HomePromise Corporation
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 for HomePromise Corporation (LEI 5493000WAJ1FMTFL5D75).
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Informational only, not mortgage advice for applicants at HomePromise Corporation.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This HomePromise Corporation page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.