Lenders › Reliance First Capital, LLC
Reliance First Capital, LLC
HMDA reporter, headquartered in Melville, New York. Record for calendar year 2024.
HMDA data alone cannot be used 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. Figures are from the 2024 public HMDA loan/application register; cells under 25 applications are withheld.
In 2024, Reliance First Capital, LLC filed HMDA records for 5,071 applications and 4,091 originations in 23 states, worth $948m.
Its denial rate, the share of decided applications the lender denied, was 4.5%, below the national rate of 24.3% and below the North Carolina rate of 24.0%. 0 applications were withdrawn by the applicant and 0 files were closed for incompleteness; those are not counted in the denial rate.
By loan purpose the originations were mostly cash-out refinancing (81%) and home purchase (17%); by loan type, conventional (49%) and FHA (39%).
The largest volumes were in North Carolina (578 originations), Ohio (571 originations) and New York (550 originations).
Applications were up 7% on 2023.
VA lender statistics list 40 VA-guaranteed loans for the lender in August 2026.
Compared with North Carolina and the nation
| Measure | This lender | North Carolina, all lenders | United States |
|---|---|---|---|
| Denial rate (denied ÷ decided applications) | 4.5% | 24.0% | 24.3% |
| Median rate spread, percentage points | — | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | — | 11.8% | 15.6% |
| Average originated loan | $232k | $299k | $329k |
| Home purchase share of originations | 17.0% | 56.3% | 57.0% |
| FHA-insured share of originations | 39.0% | 11.8% | 13.4% |
| VA-guaranteed share of originations | 10.9% | 11.8% | 7.9% |
| Applications withdrawn by applicant | 0.0% | 13.6% | 14.3% |
North Carolina is the lender's largest state by applications. State and national columns cover every HMDA reporter. Rate spread is reported on originated loans only.
Trend by year
ApplicationsOriginations
This lenderNorth CarolinaUnited States
| Year | Applications | Originations | Amount | Denial rate | Median spread | LAR records |
|---|---|---|---|---|---|---|
| 2018 | — | — | — | — | — | 11,576 |
| 2019 | — | — | — | — | — | 13,355 |
| 2020 | — | — | — | — | — | 9,199 |
| 2021 | — | — | — | — | — | 9,098 |
| 2022 | 6,302 | 5,056 | $1.1bn | 4.9% | 0.9 | 6,302 |
| 2023 | 4,723 | 3,764 | $879m | 4.3% | 0.7 | 4,723 |
| 2024 | 5,071 | 4,091 | $948m | 4.5% | — | 5,071 |
Applications, originations and rates are computed from the public LAR for 2022, 2023, 2024; LAR record counts come from each year's transmittal sheet.
Loan purpose and loan type
By purpose
Home purchase 17% (697)Refinancing 2% (78)Cash-out refinancing 81% (3,316)
By type
Conventional 49% (2,015)FHA 39% (1,595)VA 11% (444)USDA 1% (37)
| Loan type | Applications | Originations | Denied | Denial rate (of applications) |
|---|---|---|---|---|
| Conventional | 2,499 | 2,015 | 119 | 4.8% |
| FHA-insured | 1,983 | 1,595 | 96 | 4.8% |
| VA-guaranteed | 543 | 444 | 11 | 2.0% |
| USDA Rural Housing Service or Farm Service Agency guaranteed | 46 | 37 | 2 | 4.3% |
Shares are of originated loans. The per-type denial rate here divides denials by all applications of that type, because decided counts are not kept per type.
Action taken
| HMDA action taken | Records | Share |
|---|---|---|
| 1 Loan originated | 4,091 | 80.7% |
| 2 Application approved but not accepted | 752 | 14.8% |
| 3 Application denied | 228 | 4.5% |
| 4 Application withdrawn by applicant | 0 | 0.0% |
| 5 File closed for incompleteness | 0 | 0.0% |
| 6 Purchased loan | 0 | 0.0% |
| 7 Preapproval request denied | 0 | 0.0% |
| 8 Preapproval request approved but not accepted | 0 | 0.0% |
Codes and labels are the HMDA action-taken codes. Applications are codes 1–5; the denial rate divides code 3 by codes 1–3.
Denial reasons as coded
Share of the lender's 228 denials by the first denial reason it coded (outlined bar: all lenders nationally). Lenders may record up to four reasons; only the first is counted here.
States
| State | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|
| North Carolina | 724 | 578 | $121m | 3.5% | — |
| Ohio | 694 | 571 | $124m | 4.9% | — |
| New York | 685 | 550 | $160m | 5.7% | — |
| Tennessee | 443 | 362 | $77m | 2.9% | — |
| Pennsylvania | 380 | 317 | $58m | 4.2% | — |
| Georgia | 331 | 255 | $57m | 6.9% | — |
| Virginia | 264 | 219 | $52m | 3.8% | — |
| South Carolina | 235 | 194 | $46m | 3.0% | — |
| Florida | 195 | 149 | $38m | 3.1% | — |
| Alabama | 146 | 106 | $21m | 7.5% | — |
| New Jersey | 119 | 96 | $29m | 5.0% | — |
| Indiana | 119 | 96 | $17m | 3.4% | — |
| Maryland | 108 | 85 | $20m | 3.7% | — |
| Massachusetts | 89 | 83 | $25m | 5.6% | — |
| Connecticut | 71 | 57 | $16m | 8.5% | — |
| Kentucky | 64 | 55 | $11m | 1.6% | — |
| New Hampshire | 56 | 51 | $14m | 0.0% | — |
| Arkansas | 55 | 41 | $8.3m | 7.3% | — |
| Rhode Island | 36 | 31 | $7.6m | 2.8% | — |
| Michigan | 32 | 20 | $3.7m | 15.6% | — |
| Mississippi | 31 | 25 | $5.0m | 3.2% | — |
| Louisiana | 27 | 17 | $4.5m | 3.7% | — |
| Delaware | 26 | 21 | $5.9m | 7.7% | — |
States with at least 25 applications. States with 100 or more link to the lender's page for that state.
Counties
| County | State | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|---|
| Cuyahoga County | OH | 292 | 235 | $49m | 6.2% |
| Suffolk County | NY | 125 | 99 | $39m | 5.6% |
| Mecklenburg County | NC | 82 | 60 | $16m | 6.1% |
| Erie County | NY | 67 | 53 | $10m | 4.5% |
| Nassau County | NY | 64 | 50 | $18m | 9.4% |
| Medina County | OH | 53 | 46 | $12m | 1.9% |
| Wake County | NC | 50 | 44 | $11m | 0.0% |
| Westmoreland County | PA | 52 | 42 | $7.0m | 5.8% |
Up to 30 counties with at least 50 applications, by originations.
VA-guaranteed loans by month
All VA loansPurchase
| Month | All | Purchase | Cash-out | IRRRL |
|---|---|---|---|---|
| Aug 2026 | 40 | 8 | 31 | 1 |
| Jul 2026 | 36 | 4 | 31 | 1 |
| Jun 2026 | 26 | 2 | 22 | 2 |
| May 2026 | 26 | 1 | 25 | 0 |
| Apr 2026 | 24 | 3 | 21 | 0 |
| Mar 2026 | 30 | 2 | 26 | 2 |
| Feb 2026 | 14 | 0 | 13 | 1 |
| Jan 2026 | 21 | 2 | 16 | 3 |
| Dec 2025 | 30 | 2 | 26 | 2 |
| Nov 2025 | 27 | 1 | 24 | 2 |
| Oct 2025 | 46 | 8 | 35 | 3 |
| Sep 2025 | 23 | 2 | 21 | 0 |
Fiscal-year totals (VA): FY2018 168,388,896 · FY2019 141,331,994 · FY2020 201,164,206 · FY2021 190,873,389 · FY2022 172,587,507 · FY2023 147,390,720 · FY2024 123,333,508 · FY2025 109,820,587. Matched to the VA lender name "RELIANCE FIRST CAPITAL LLC"; VA counts loans by guarantee date, HMDA by application year, so the two series differ.
Questions and answers
How many mortgages did Reliance First Capital, LLC originate in 2024?
4,091 loans totalling $948m, from 5,071 applications reported under HMDA. It also purchased 0 loans from other institutions, which are counted separately.
What is Reliance First Capital, LLC's denial rate and how does it compare?
4.5% of decided applications were denied in 2024, against 24.3% nationally and 24.0% in North Carolina. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws; the data do not include some legitimate credit risk considerations.
Which counties does Reliance First Capital, LLC lend in most?
By originations: Cuyahoga County, OH (235), Suffolk County, NY (99), Mecklenburg County, NC (60), Erie County, NY (53) and Nassau County, NY (50).
What loan types does Reliance First Capital, LLC make?
Conventional 2,015, FHA 1,595, VA 444 and USDA 37 originations in 2024; by purpose, home purchase 697, home improvement 0, refinancing 78, cash-out refinancing 3,316 and other purpose 0.
What reasons did Reliance First Capital, LLC report for denials?
The first denial reason recorded most often was collateral (60), debt-to-income ratio (57) and credit history (54), as coded by the lender in its HMDA filing.
Where does this data come from?
From the 2024 public HMDA loan/application register published by the FFIEC and CFPB, with the lender's name from its HMDA transmittal sheet and VA loan volume from the Department of Veterans Affairs lender statistics. Cells under 25 applications are withheld.
Provenance
Source: Home Mortgage Disclosure Act public loan/application register for 2024 (trend years 2022, 2023, 2024) and transmittal sheets 2018–2024, published by the FFIEC and CFPB at ffiec.cfpb.gov, public domain; VA lender statistics from the Department of Veterans Affairs. Lender identity is the LEI and name on its transmittal sheet. This site was built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. Data through 1 Aug 2026.