Name of the lender

Royal Business BankMortgage rates, total loan costs and denial rate, 2025

HMDA year2025

Years filed2018 to 2025

Head office: Los Angeles, CA
Reporting agency: Federal Deposit Insurance Corporation (FDIC)
Legal Entity Identifier (LEI)

Figures by state (CSV)

Royal Business Bank reported 999 mortgage applications in the HMDA data of 2025.

It originated 653 loans in 2025, for $580 million in total.

The median interest rate of its loans in 2025 was 6.500%, and the national median was 6.375%.

The median total loan costs of its loans in 2025 were $9,394, and the national median was $6,413.

It denied 7.9% of the applications that it decided in 2025, and the national denial rate was 22.6%.

Filed figures of Royal Business Bank, 2025
Figure	This lender	United States
Applications	999Under 0.1% of the US total	11,766,671
Loans originated	653$580 million	6,827,891
Median interest rate	6.500%	6.375%
Median total loan costs	$9,394	$6,413
Denial rate	7.9%	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 Royal Business Bank 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	558	6.500%US 6.375%	$9,394US $6,413	0.305US 0.161
Conventional	558	6.500%US 6.500%	$9,394US $5,393	0.305US 0.175

Interest rate and total loan costs of Royal Business Bank 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	446	6.475%US 6.500%	$9,041US $6,632	0.293US 0.169
Refinancing	34	6.375%US 5.999%	$9,405US $4,883	0.296US −0.069
Cash-out refinancing	25	6.875%US 6.500%	$10,995US $8,095	0.470US 0.376
Other purpose	51	6.875%US 6.625%	$10,763US $3,894	0.461US 0.527

Parts of the total loan costs of Royal Business Bank 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	$5,333US $2,062	$3,863US $2,823	n/aUS $567
Conventional	$5,333US $1,981	$3,863US $2,588	n/aUS $604

The median rate spread of these loans was 0.305 percentage points above the average prime offer rate (APOR). On a loan of $300,000, that is about $915 more a year, or $76 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: Royal Business Bank and the United States

Royal Business BankUnited States

Action takenHMDA codes and labels

Records of Royal Business Bank by the action taken, 2025
Action taken	Records	Share of records	US share
1Loan originated	653	59.7%	50.4%
2Application approved but not accepted	11	1.0%	3.1%
3Application denied	57	5.2%	15.6%
4Application withdrawn by applicant	128	11.7%	12.6%
5File closed for incompleteness	150	13.7%	5.1%
6Purchased loan	94	8.6%	11.7%
7Preapproval request denied	0	0.0%	0.4%
8Preapproval request approved but not accepted	0	0.0%	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 Royal Business Bank by the first reason that it coded, 2025
Denial reason	Denials	Share	US share
1Debt-to-income ratio	3	5.3%	32.7%
2Employment history	0	0.0%	0.9%
3Credit history	16	28.1%	25.6%
4Collateral	15	26.3%	13.8%
5Insufficient cash (downpayment, closing costs)	0	0.0%	2.3%
6Unverifiable information	0	0.0%	4.2%
7Credit application incomplete	0	0.0%	12.0%
8Mortgage insurance denied	0	0.0%	0.0%
9Other	23	40.4%	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 Royal Business Bank by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	999	653	7.9%US 23.4%

Applications of Royal Business Bank by loan purpose
Loan purpose	Applications	Loans originated	Share of loans
Home purchase	737	515	78.9%
Home improvement	4	3	0.5%
Refinancing	100	57	8.7%
Cash-out refinancing	62	27	4.1%
Other purpose	96	51	7.8%

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 lends5 states with 25 applications or more

Royal Business Bank 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
California	375	239	6.750%	$14,011	8.3%
Illinois	70	49	6.475%	$6,785	7.5%
Nevada	31	18	n/a	n/a	n/a
New Jersey	52	34	6.625%	$6,748	8.1%
New York	444	297	6.375%	$7,571	7.7%

Counties of Royal Business Bank with 50 applications or more, 2025In order of the names. The list has the 6 counties with the most loans of the lender.
County	Applications	Loans originated	Amount	Denial rate
Cook County, IL	58	43	$13.3 million	8.5%
Kings County, NY	111	78	$46.9 million	5.9%
Los Angeles County, CA	143	80	$122 million	7.8%
Orange County, CA	54	34	$45.5 million	12.8%
Queens County, NY	90	62	$40.0 million	10.0%
Richmond County, NY	142	97	$45.5 million	4.0%

Figures by yearHMDA 2022 to 2025

Royal Business Bank 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	999	653	6.500%	$9,394	7.9%	1,093
2024	555	376	7.125%	$8,015	9.5%	598
2023	334	206	6.375%	$8,059	19.0%	523
2022	1,207	841	4.375%	$8,414	10.9%	1,689
2021	n/a	n/a	n/a	n/a	n/a	1,386
2020	n/a	n/a	n/a	n/a	n/a	1,349
2019	n/a	n/a	n/a	n/a	n/a	1,277
2018	n/a	n/a	n/a	n/a	n/a	2,446

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

Denial rate by year: Royal Business Bank and the United States

Royal Business BankUnited States

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.

Augusta Financial, Inc.Santa Clarita, CA
Axos BankSan Diego, CA
Five Star BankWarsaw, NY
JSB Mortgage CorporationMonterey Park, CA
Mid-Hudson Valley Federal C.U.Kingston, NY
National Cooperative Bank, N.A.Hillsboro, OH
Network Capital Funding CorporationIrvine, CA
Pacific Service Credit UnionConcord, CA
Provident Credit UnionRedwood City, CA
Reliant Community FCUSodus, NY
Technology Credit UnionSan Jose, CA
Watermark Capital, Inc.Irvine, 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.
BankFind Suite (Federal Deposit Insurance Corporation)The FDIC search for an insured bank: its status, its offices and its regulator.

Cite this page

Page: Lender Register, "Royal Business Bank mortgage rates and denial rate, 2025", https://lenderregister.com/lender/5493003b20kz3dezgb43-royal-business-bank/
Lender: Royal Business Bank, LEI 5493003B20KZ3DEZGB43
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.

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 Royal Business Bank buy from other lenders in 2025?: It reported 94 purchased loans. HMDA counts a purchased loan apart from the applications, so the denial rate does not include it.
Which denial reasons did Royal Business Bank code most often in 2025?: The first reasons that it coded most often were other (23), credit history (16) and collateral (15).
In which states did Royal Business Bank originate the most loans in 2025?: The three states with the most loans were New York (297), California (239) and Illinois (49). It had 25 applications or more in 5 states.
Which loan types did Royal Business Bank originate in 2025?: All its loans were of one type: 653 Conventional.