PlainLender

Starboard Financial Management, LLC

Gilbert, AZ

Starboard Financial Management, LLC processed 305 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 217 loans with a 1.6% denial rate. Home Purchase was the primary loan purpose. Based in Gilbert, AZ. The approval rate of 71.1% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Starboard Financial Management, LLC's 71.1% origination rate tells you how often an application turned into funded money; the 1.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Insufficient cash, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (204 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

305
Applications
217
Originated
1.6%
Denial Rate
$371,721
Avg Loan Amount
Avg Interest Rate: 6.747% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 204 144 3 $361,422
FHA 69 52 1 $364,275
VA 28 19 1 $479,286
USDA 4 2 0 $272,500

Top loan types - Starboard Financial Management, LLC

Top loan types - Starboard Financial Management, LLC Horizontal bar chart of the top 4 items by value (applications). Top loan types - Starboard Financial Management, LLC Top 4 1. Conventional 204 2. FHA 69 3. VA 28 4. USDA 4 Top 5 loan types by application volume at Starboard Financial Management, LLC (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Starboard Financial Management, LLC (LEI: 549300C4RD3C53QCM649) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
2
Insufficient cash
1
Collateral
1
Credit history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 199 139 $373,693
Refinancing 77 60 $344,091
Cash-out Refinancing 29 18 $431,552

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 251 70.1% 2.0%
Asian * 13 69.2% 0.0%
Joint * 13 61.5% 0.0%
Black or African American * 6 66.7% 0.0%
American Indian or Alaska Native * 4 75.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 210 69.0% 0.9%
Hispanic or Latino * 47 66.0% 6.4%
Joint * 23 73.9% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in AZ

Other HMDA-reporting lenders in AZ with similar activity. Compare any two side-by-side.

The Loan Store, Inc

Tucson, AZ

37,522 apps 23,548 originated 12.7% denied

Desert Financial Credit Union

Phoenix, AZ

14,881 apps 8,747 originated 30.3% denied

V.I.P. Mortgage, INC.

SCOTTSDALE, AZ

10,272 apps 6,989 originated 2.0% denied

Geneva Financial LLC

Chandler, AZ

9,015 apps 5,938 originated 2.7% denied

Nova Financial & Investment Corporation

Tucson, AZ

6,917 apps 4,748 originated 5.3% denied
Compare Starboard Financial Management, LLC vs The Loan Store, Inc →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Starboard Financial Management, LLC process?
Starboard Financial Management, LLC processed 305 mortgage applications in the 2024 HMDA reporting year. Of these, 217 were originated (approved and funded), 83 were withdrawn by the applicant, and 5 were denied.
What is Starboard Financial Management, LLC's mortgage approval rate?
Starboard Financial Management, LLC has an approval (origination) rate of 71.1%, meaning 71.1% of all applications resulted in a funded mortgage. The denial rate is 1.6%.
What is the average loan amount at Starboard Financial Management, LLC?
The average mortgage loan amount at Starboard Financial Management, LLC is $371,721. The average interest rate is 6.747%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at Starboard Financial Management, LLC?
The most common reasons for mortgage denial at Starboard Financial Management, LLC are: Debt-to-income ratio, Insufficient cash, Collateral. In total, 5 applications were denied out of 305 total applications.
What types of mortgage loans does Starboard Financial Management, LLC offer?
Starboard Financial Management, LLC processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 204 applications and an average loan amount of $361,422.
What loan purposes does Starboard Financial Management, LLC serve?
Starboard Financial Management, LLC serves the following loan purposes: Home Purchase (199 applications), Refinancing (77 applications), Cash-out Refinancing (29 applications). Home Purchase is the most common purpose.
Where is Starboard Financial Management, LLC located?
Starboard Financial Management, LLC is headquartered in Gilbert, AZ. The lender is identified by LEI 549300C4RD3C53QCM649 in HMDA data.
How does Starboard Financial Management, LLC compare in lending across racial demographics?
Starboard Financial Management, LLC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 70.1% and denial rate of 2.0%; Asian applicants have an approval rate of 69.2% and denial rate of 0.0%; Joint applicants have an approval rate of 61.5% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

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 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.