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Mortgage Research Center

Independent mortgage co. · #5 by purchase decisions in 2025 · Conventional 4% · FHA 4% · VA 92%. Above 50% DTI on conventional files it approved 6% of 49.

Conventional · above 50% DTI
6%

approved of 49 decisions. Across all bands and programs: 91% of 70,092.

Purchase decisions
70,092
Approved, all
91%
Lender type
Independent mortgage co.
States with 50+ decisions
51

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%1,556
87%
3%
44–45%227
89%
8%
46–49%658
89%
1%
50–60%49
6%
54%
>60%48
0%
65%

FHA

DTI bandDecisionsApproved · deniedDenials citing DTI
≤43%1,326
81%
8%
44–45%257
82%
18%
46–49%539
79%
31%
50–60%867
78%
44%
>60%102
0%
68%

VA

DTI bandDecisionsApproved · deniedDenials citing DTI
≤43%30,096
94%
1%
44–45%4,919
93%
4%
46–49%10,056
92%
5%
50–60%16,409
92%
21%
>60%2,983
69%
58%

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
+7 bps
Conventional median, no points
6.875%
Conventional median loan costs
$3,125
FHA median loan costs
$5,875
VA median loan costs
$4,875
Why it says no: first-listed denial reason, 2025 WHY IT SAYS NO: FIRST-LISTED DENIAL REASON, 2025 Credit history Credit history: 28% approved of 1,754 28% Application incomplete Application incomplete: 24% approved of 1,472 24% Debt-to-income ratio Debt-to-income ratio: 18% approved of 1,156 18% Other Other: 14% approved of 902 14% Collateral Collateral: 8% approved of 490 8% Employment history Employment history: 4% approved of 272 4% Approval by loan-to-value band, all programs APPROVAL BY LOAN-TO-VALUE BAND, ALL PROGRAMS LTV ≤80% LTV ≤80%: 87% approved of 1,168 87% LTV 80–95% LTV 80–95%: 85% approved of 914 85% LTV >95% LTV >95%: 80% approved of 456 80%

Where it lends

Texas (6,532), Florida (4,838), Virginia (3,860), North Carolina (3,800), Georgia (3,600), Ohio (2,775), Tennessee (2,607), Illinois (2,507), Missouri (2,420), Pennsylvania (2,282).

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

Questions

Does Mortgage Research Center approve loans with a DTI over 50%?

On conventional purchase files in 2025, Mortgage Research Center approved 6% of 49 applications with a DTI between 50 and 60 percent. The table on this page shows every band.

Are Mortgage Research Center's rates competitive?

In 2025 its closed conventional loans were priced 7 basis points above the market median after matching LTV band and points paid.

Why does Mortgage Research Center deny applications?

Its most common first-listed denial reason in 2025 was credit history (28% of denials), followed by application incomplete (24%).

Where does this come from?

Mortgage Research Center'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 Mortgage Research Center’s own filing. If a number looks wrong, write to us and we will re-run it.