Bank of England: 2025 mortgage rates, costs & approvals
How Bank of England priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: Bank of England · LEI 549300GY4NTTEM7WWB64
In 2025, Bank of England originated 476 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 29 states — 750th by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.875% (all lenders: 6.625%); its median rate spread was 17 basis points above the national median. Median conventional loan costs were $4,840, 13% lower than the national median ($5,570).
It denied 7.2% of completed home-purchase applications (all lenders: 8.5%).
How Bank of England priced home-purchase loans
| Purchase loans, 2025 | Bank of England | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.875% | 6.625% |
| 30-year fixed rate · FHA | 6.375% | 6.250% |
| 30-year fixed rate · VA | 6.375% | 6.125% |
| 15-year fixed rate · conventional | — | 5.875% |
| Rate spread vs. APOR · conventional | +0.30 pts | +0.13 pts |
| Total loan costs · conventional | $4,840 | $5,570 |
| Total loan costs · FHA | $8,950 | $11,310 |
| Total loan costs · VA | $6,480 | $6,490 |
| Origination charges (all types) | $1,610 | $1,860 |
| Borrowers paying discount points | 58.5% | 51.3% |
| Points paid, when paid (% of loan) | 0.67% | 0.87% |
| Borrowers receiving lender credits | 52.7% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Why Bank of England denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Bank of England lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Arkansas | 155 | 170 | 5.5% | 6.875% | $3,570 |
| Florida | 66 | 71 | 7.1% | 6.875% | $6,520 |
| Georgia | 38 | 43 | 8.8% | — | $5,560 |
| North Carolina | 33 | 39 | 11.8% | — | — |
| Mississippi | 33 | 34 | 0.0% | — | — |
| Texas | 25 | 28 | 7.4% | — | — |
| Pennsylvania | 20 | 22 | 5.0% | — | — |
| Tennessee | 20 | 20 | — | — | — |
| Virginia | 18 | 20 | — | — | — |
| Alabama | 13 | 14 | — | — | — |
| South Carolina | 10 | 10 | — | — | — |
| Michigan | 8 | 8 | — | — | — |
| Louisiana | 5 | 7 | — | — | — |
| Indiana | 4 | 7 | — | — | — |
| New York | 4 | 4 | — | — | — |
| Colorado | 3 | 4 | — | — | — |
| New Jersey | 3 | 4 | — | — | — |
| Kentucky | 3 | 3 | — | — | — |
| Missouri | 3 | 3 | — | — | — |
| Nevada | 3 | 3 | — | — | — |
| California | 2 | 2 | — | — | — |
| Ohio | 2 | 2 | — | — | — |
| Connecticut | 1 | 1 | — | — | — |
| Illinois | 1 | 1 | — | — | — |
| Kansas | 1 | 1 | — | — | — |
| Maryland | 1 | 1 | — | — | — |
| Wisconsin | 1 | 1 | — | — | — |
| Arizona | 0 | 1 | — | — | — |
| Nebraska | 0 | 1 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Bank of England's page for that state.
Counties where Bank of England is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Mackinac County, MI | 6 | 2 | 3.5% |
| Pike County, MS | 10 | 8 | 3.3% |
| Franklin County, MS | 14 | 1 | 2.5% |
| Walthall County, MS | 16 | 2 | 2.3% |
| Jefferson Davis County, MS | 15 | 1 | 2.1% |
| Yalobusha County, MS | 13 | 2 | 1.8% |
| Pittsylvania County, VA | 11 | 9 | 1.7% |
| Pulaski County, AR | 22 | 69 | 1.4% |
| Arkansas County, AR | 13 | 2 | 1.3% |
| Danville city, VA | 16 | 4 | 1.3% |
| Faulkner County, AR | 19 | 21 | 1.1% |
| Cleburne County, AR | 21 | 3 | 1.0% |
| Lincoln County, MS | 25 | 2 | 1.0% |
| White County, AR | 23 | 8 | 0.8% |
Check Bank of England yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 549300GY4NTTEM7WWB64.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Bank of England with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology