Name of the lender

Embrace Home Loans, Inc.Mortgage rates, total loan costs and denial rate, 2025

HMDA year2025

Years filed2018 to 2025

Head office: Middletown, RI
Reporting agency: Department of Housing and Urban Development (HUD)
Legal Entity Identifier (LEI)

Figures by state (CSV)

Embrace Home Loans, Inc. reported 5,973 mortgage applications in the HMDA data of 2025.

It originated 4,493 loans in 2025, for $2.0 billion in total.

The median interest rate of its loans in 2025 was 6.490%, and the national median was 6.375%.

The median total loan costs of its loans in 2025 were $7,121, and the national median was $6,413.

It denied 6.0% of the applications that it decided in 2025, and the national denial rate was 22.6%.

Filed figures of Embrace Home Loans, Inc., 2025
Figure	This lender	United States
Applications	5,9730.1% of the US total	11,766,671
Loans originated	4,493$2.0 billion	6,827,891
Median interest rate	6.490%	6.375%
Median total loan costs	$7,121	$6,413
Denial rate	6.0%	22.6%

HMDA data are generally not used alone to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

Since the last update

No change on record

No tracked figure of this lender has changed since this site started its record. The record compares each update of the HMDA data with the update before it. The record of updates.

PricingMedians of 2025 loans

Interest rate and total loan costs of Embrace Home Loans, Inc. by loan type, 2025Medians. Each value has the national median of the same loan type under it.
Loan type	Loans in the medians	Interest rate	Total loan costs	Rate spread, points
All loans	4,215	6.490%US 6.375%	$7,121US $6,413	0.149US 0.161
Conventional	2,759	6.625%US 6.500%	$6,167US $5,393	0.140US 0.175
FHA-insured	1,006	6.250%US 6.250%	$11,923US $11,084	0.467US 0.432
VA-guaranteed	428	5.990%US 6.000%	$8,429US $6,088	−0.497US −0.422
USDA Rural Housing Service or Farm Service Agency guaranteed	22	6.557%US 6.250%	$8,253US $6,526	0.350US 0.210

Interest rate and total loan costs of Embrace Home Loans, Inc. by loan purpose, 2025Medians, with the national median under each value.
Loan purpose	Loans in the medians	Interest rate	Total loan costs	Rate spread, points
Home purchase	3,638	6.500%US 6.500%	$7,268US $6,632	0.164US 0.169
Refinancing	345	6.000%US 5.999%	$5,287US $4,883	−0.088US −0.069
Cash-out refinancing	199	6.490%US 6.500%	$7,871US $8,095	0.208US 0.376
Other purpose	20	6.990%US 6.625%	$4,797US $3,894	0.431US 0.527

Parts of the total loan costs of Embrace Home Loans, Inc. by loan type, 2025Medians, with the national median under each value.
Loan type	Origination charges	Discount points, of the loans with points	Lender credits, of the loans with credits
All loans	$1,934US $2,062	$2,436US $2,823	$175US $567
Conventional	$1,790US $1,981	$2,212US $2,588	$203US $604
FHA-insured	$2,356US $2,831	$2,946US $3,270	$119US $567
VA-guaranteed	$2,052US $1,729	$2,600US $3,300	$188US $472
USDA Rural Housing Service or Farm Service Agency guaranteed	$2,250US $1,881	n/aUS $1,581	n/aUS $231

The median rate spread of these loans was 0.149 percentage points above the average prime offer rate (APOR). On a loan of $300,000, that is about $447 more a year, or $37 more a month. The national median spread was 0.161 points.

The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different. What a rate spread is.

Median interest rate by year: Embrace Home Loans, Inc. and the United States

Embrace Home Loans, Inc.United States

Action takenHMDA codes and labels

Records of Embrace Home Loans, Inc. by the action taken, 2025
Action taken	Records	Share of records	US share
1Loan originated	4,493	67.8%	50.4%
2Application approved but not accepted	312	4.7%	3.1%
3Application denied	308	4.6%	15.6%
4Application withdrawn by applicant	605	9.1%	12.6%
5File closed for incompleteness	255	3.8%	5.1%
6Purchased loan	76	1.1%	11.7%
7Preapproval request denied	215	3.2%	0.4%
8Preapproval request approved but not accepted	366	5.5%	1.1%

The denial rate is code 3 divided by codes 1, 2 and 3: the applications that the lender decided. Codes 4 and 5 are applications with no decision. Code 6 is a loan that the lender bought.

Denial reasonsFirst reason coded

Denials of Embrace Home Loans, Inc. by the first reason that it coded, 2025
Denial reason	Denials	Share	US share
1Debt-to-income ratio	98	31.8%	32.7%
2Employment history	7	2.3%	0.9%
3Credit history	60	19.5%	25.6%
4Collateral	80	26.0%	13.8%
5Insufficient cash (downpayment, closing costs)	22	7.1%	2.3%
6Unverifiable information	22	7.1%	4.2%
7Credit application incomplete	0	0.0%	12.0%
8Mortgage insurance denied	0	0.0%	0.0%
9Other	19	6.2%	8.5%

A lender can code up to four reasons for a denial. This table counts the first reason only.

Loan types and purposesLoans of 2025

Applications of Embrace Home Loans, Inc. by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	4,015	3,035	4.7%US 23.4%
FHA-insured	1,363	1,006	9.6%US 21.8%
VA-guaranteed	555	430	6.0%US 16.2%
USDA Rural Housing Service or Farm Service Agency guaranteed	40	22	17.2%US 12.9%

Applications of Embrace Home Loans, Inc. by loan purpose
Loan purpose	Applications	Loans originated	Share of loans
Home purchase	4,938	3,862	86.0%
Home improvement	31	18	0.4%
Refinancing	547	370	8.2%
Cash-out refinancing	423	223	5.0%
Other purpose	34	20	0.4%

The denial rate of a loan type is the denied applications divided by the decided applications of that type. It is "n/a" under 25 decided applications.

States where it lends20 states with 25 applications or more

Embrace Home Loans, Inc. by state, 2025In order of the names. A state with 100 applications or more links to the lender's page for the state.
State	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate
Alabama	314	256	6.500%	$7,313	7.3%
California	28	13	n/a	n/a	n/a
Connecticut	50	38	6.750%	$5,760	6.8%
Delaware	282	215	6.625%	$8,046	6.6%
District of Columbia	92	54	6.250%	$6,978	6.2%
Florida	818	627	6.375%	$8,609	6.3%
Georgia	36	14	n/a	n/a	n/a
Maine	106	77	6.490%	$4,638	11.1%
Maryland	1,170	856	6.500%	$8,192	7.4%
Massachusetts	335	257	6.500%	$5,574	5.2%
New Hampshire	174	133	6.625%	$4,615	2.0%
New Jersey	730	599	6.500%	$6,848	3.0%
New York	377	269	6.500%	$7,117	5.5%
North Carolina	41	31	6.490%	$4,502	8.3%
Pennsylvania	186	149	6.625%	$8,005	5.4%
Rhode Island	153	106	6.625%	$6,943	11.6%
Tennessee	89	68	6.495%	$7,822	6.6%
Texas	39	21	6.875%	$7,054	10.7%
Virginia	761	582	6.250%	$6,969	3.9%
West Virginia	62	50	6.490%	$6,798	3.4%

Counties of Embrace Home Loans, Inc. with 50 applications or more, 2025In order of the names. The list has the 28 counties with the most loans of the lender.
County	Applications	Loans originated	Amount	Denial rate
Anne Arundel County, MD	80	62	$30.3 million	1.4%
Baltimore County, MD	71	46	$19.0 million	10.2%
Brevard County, FL	318	223	$73.9 million	6.7%
District of Columbia, DC	92	54	$34.0 million	6.2%
Essex County, NJ	96	80	$59.3 million	2.3%
Fairfax County, VA	209	161	$105 million	2.3%
Frederick County, MD	68	57	$26.7 million	1.6%
Hillsborough County, FL	65	52	$19.6 million	8.3%
Hillsborough County, NH	61	45	$20.6 million	0.0%
Howard County, MD	89	55	$28.1 million	4.5%
Lee County, FL	92	78	$22.7 million	8.2%
Loudoun County, VA	71	58	$37.5 million	3.3%
Middlesex County, MA	103	86	$58.4 million	5.3%
Middlesex County, NJ	50	35	$16.8 million	14.3%
Mobile County, AL	279	230	$42.3 million	7.3%
Montgomery County, MD	234	177	$91.6 million	9.0%
Morris County, NJ	104	83	$54.7 million	1.1%
Nassau County, NY	95	72	$46.4 million	1.2%
New Castle County, DE	60	46	$15.4 million	5.8%
Prince George's County, MD	213	136	$59.1 million	13.7%
Prince William County, VA	85	65	$34.8 million	6.8%
Somerset County, NJ	179	150	$85.5 million	0.0%
Suffolk County, NY	151	117	$66.5 million	1.5%
Sussex County, DE	189	150	$57.9 million	4.3%
Union County, NJ	55	49	$33.3 million	3.8%
Wicomico County, MD	69	54	$15.4 million	7.9%
Worcester County, MA	78	60	$27.6 million	5.9%
Worcester County, MD	108	88	$30.1 million	5.1%

Figures by yearHMDA 2022 to 2025

Embrace Home Loans, Inc. by HMDA year"n/a" shows a year with fewer than 25 applications, or a year that this site does not process.
Year	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate	Records filed
2025	5,973	4,493	6.490%	$7,121	6.0%	6,630
2024	6,717	4,738	6.625%	$7,586	9.4%	7,798
2023	8,262	5,325	6.490%	$8,573	12.1%	10,704
2022	20,675	9,249	4.875%	$6,639	27.6%	22,411
2021	n/a	n/a	n/a	n/a	n/a	34,959
2020	n/a	n/a	n/a	n/a	n/a	41,274
2019	n/a	n/a	n/a	n/a	n/a	34,041
2018	n/a	n/a	n/a	n/a	n/a	38,810

Records filed is the count on the lender's HMDA transmittal sheet. It includes purchased loans and requests for preapproval.

Denial rate by year: Embrace Home Loans, Inc. and the United States

Embrace Home Loans, Inc.United States

VA lender statisticsLoans that VA guaranteed, by month

VA-guaranteed loans of EMBRACE HOME LOANS, INC., Sep 2025 to Aug 2026National figures from the Department of Veterans Affairs. VA counts a loan in the month of the guarantee.
Month	All	Purchase	Cash-out refinance	IRRRL
August 2026	49	40	7	2
July 2026	44	39	3	2
June 2026	32	31	1	0
May 2026	40	24	3	13
April 2026	67	40	1	26
March 2026	38	17	6	15
February 2026	45	26	6	13
January 2026	31	22	2	7
December 2025	33	24	3	6
November 2025	18	9	4	5
October 2025	33	27	1	5
September 2025	40	35	4	1

IRRRL is the VA Interest Rate Reduction Refinance Loan. The VA name of the lender is "EMBRACE HOME LOANS, INC.". Every month.

Peer lenders12 lenders

These lenders originated a count of loans close to the count of this lender, in the same states. The site compares the applications of each lender by state. The list is not a ranking.

Affordable Mortgage AdvisorsPittsburgh, PA
American Heritage Lending, LLCIrvine, CA
Arc Home LLCMoorestown, NJ
Atlantic Union BankGlen Allen, VA
EMM Loans LLCCherry Hill, NJ
First Federal BankLake City, FL
First Home MortgageBaltimore, MD
Presidential Bank, FSBBethesda, MD
Tower Federal Credit UnionLaurel, MD
TowneBankPortsmouth, VA
Valley National BankMorristown, NJ
Velocity Commercial Capital LLCWestlake Village, CA

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "Embrace Home Loans, Inc. mortgage rates, 2025", https://lenderregister.com/lender/213800quai2vh5ym6310-embrace-home-loans-inc/
Lender: Embrace Home Loans, Inc., LEI 213800QUAI2VH5YM6310
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025, snapshot dataset
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. The count of records filed comes from the transmittal sheets of 2018 to 2025. The FFIEC and the CFPB publish them at ffiec.cfpb.gov. The name, the head office and the agency are from the newest transmittal sheet of the LEI. The VA figures are from the VA lender statistics.

This site withholds a figure with fewer than 25 applications and a median with fewer than 20 loans. Method of the figures. Terms. Report an error.

Questions

How many loans did Embrace Home Loans, Inc. buy from other lenders in 2025?: It reported 76 purchased loans. HMDA counts a purchased loan apart from the applications, so the denial rate does not include it.
Which denial reasons did Embrace Home Loans, Inc. code most often in 2025?: The first reasons that it coded most often were debt-to-income ratio (98), collateral (80) and credit history (60).
In which states did Embrace Home Loans, Inc. originate the most loans in 2025?: The three states with the most loans were Maryland (856), Florida (627) and New Jersey (599). It had 25 applications or more in 20 states.
Which loan types did Embrace Home Loans, Inc. originate in 2025?: 3,035 conventional, 1,006 FHA, 430 VA and 22 USDA.