LOWER, LLC received 29,643 applications in 2025 and made
17,905 mortgages, in 1,874 counties across 47 states.
The median rate its borrowers got was 6.500% on a median loan of $285,000.
Of 21,067 decisions, 2,926 were denials — 13.9%, most often for debt-to-income ratio.
Legal Entity Identifier
549300RN01LBYR8ZVX74
Applications received
29,643
Mortgages made
17,905
Denied
2,926
Approved, not taken up
236
Withdrawn or incomplete
8,576
Loans bought from other lenders
0
Median rate spread over the prime offer rate
0.34 points
FDIC-insured bank
This lender is not an FDIC-insured bank under this name: a mortgage company, a credit union, or a bank filing under another name.
By loan purpose
Purpose
Mortgages made
Median rate
Median loan
Denied
Home purchase
13,349
6.500%
$295,000
6.8%
Refinancing
1,656
6.250%
$345,000
21.6%
Cash-out refinancing
2,896
6.875%
$245,000
33.0%
Other purposes
4
Under 10 loans
Under 10 loans
36.4%
Where LOWER, LLC lends most
The 50 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
When LOWER, LLC’s figures are published for the next year, or restated.
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Privacy.
Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act
loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application
a covered lender received, as the lender reported it. A median rate is what borrowers got, not what
you will be offered — it depends on the loan, the property, your credit and the market on the day,
and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.