Ground Figures
Lenders → Filo Mortgage, LLC

Filo Mortgage, LLC

Independent mortgage co. · #278 by purchase decisions in 2025 · Conventional 69%.

All programs, all bands
95%

approved of 1,144 decisions.

Purchase decisions
1,648
Approved, all
95%
Lender type
Independent mortgage co.
States with 50+ decisions
9

Approval by DTI band

Each row is approved versus denied among files whose decision used that ratio. Read the 50–60% row against the ≤43% row: a gap is the signature of a wall at 50.

Conventional

DTI bandDecisionsApproved · deniedDenials citing DTI
≤43%785
97%
0%
44–45%111
97%
0%
46–49%215
99%
0%

Rates and costs

Compared with the national market in the same LTV band and points-paid cell; 30-year fixed conforming purchase loans. Builder-owned lenders buy rates down as a sales incentive, which is paid for in the house price.

Conventional rate vs market
-5 bps
Conventional median, no points
6.625%
FHA rate vs market
-12 bps
FHA median, no points
6.25%
VA rate vs market
-24 bps
VA median, no points
6%
Conventional median loan costs
$6,875
FHA median loan costs
$11,375
VA median loan costs
$9,375
Why it says no: first-listed denial reason, 2025 WHY IT SAYS NO: FIRST-LISTED DENIAL REASON, 2025 Debt-to-income ratio Debt-to-income ratio: 56% approved of 33 56% Collateral Collateral: 20% approved of 12 20% Other Other: 14% approved of 8 14% Credit history Credit history: 5% approved of 3 5% Unverifiable information Unverifiable information: 3% approved of 2 3% Insufficient cash Insufficient cash: 2% approved of 1 2% Approval by loan-to-value band, all programs APPROVAL BY LOAN-TO-VALUE BAND, ALL PROGRAMS LTV ≤80% LTV ≤80%: 96% approved of 641 96% LTV 80–95% LTV 80–95%: 93% approved of 494 93% LTV >95% LTV >95%: 89% approved of 467 89%

Where it lends

Florida (336), Pennsylvania (261), Texas (179), Alabama (116), North Carolina (97), Georgia (77), California (68), South Carolina (53), Virginia (50), Illinois (44).

Compare Filo Mortgage, LLC with every lender in a state on the approvals, rates and fees pages.

Questions

Does Filo Mortgage, LLC approve loans with a DTI over 50%?

Filo Mortgage, LLC decided too few purchase files above 50% DTI in 2025 to report a rate. The table on this page shows every band.

Are Filo Mortgage, LLC's rates competitive?

In 2025 its closed conventional loans were priced 5 basis points below the market median after matching LTV band and points paid.

Why does Filo Mortgage, LLC deny applications?

Its most common first-listed denial reason in 2025 was debt-to-income ratio (56% of denials), followed by collateral (20%).

Where does this come from?

Filo Mortgage, LLC's own 2025 HMDA filing, as published by the CFPB. Purchase loans on site-built, one-unit, owner-occupied homes. Decisions, not policy: files screened out before a formal application never appear. Credit score is withheld from the public file.

Method

Approvals from the approvals dataset (originated vs. denied by DTI band). Rates: HMDA interest rate on 30-year fixed conforming purchase originations, compared cell by cell with the national market. Costs: Closing Disclosure total loan costs, binned to $250. Denial reasons: first reason listed on denied files. Lender type assigned from the name.

Corrections

Every figure traces to Filo Mortgage, LLC’s own filing. If a number looks wrong, write to us and we will re-run it.