New Day Financial, LLC: 2025 mortgage rates, costs & approvals
How New Day Financial, LLC priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: NEW DAY FINANCIAL, LLC · LEI 549300SUCQ1358EGVE89
In 2025, New Day Financial, LLC originated 8,305 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 44 states — 68th by volume among the 2,017 lenders profiled here.
It denied 5.6% of completed home-purchase applications (all lenders: 8.5%).
How New Day Financial, LLC priced home-purchase loans
| Purchase loans, 2025 | New Day Financial, LLC | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | — | 6.625% |
| 30-year fixed rate · FHA | — | 6.250% |
| 30-year fixed rate · VA | 6.375% | 6.125% |
| 15-year fixed rate · conventional | — | 5.875% |
| Rate spread vs. APOR · conventional | — | +0.13 pts |
| Total loan costs · conventional | — | $5,570 |
| Total loan costs · FHA | — | $11,310 |
| Total loan costs · VA | $7,610 | $6,490 |
| Origination charges (all types) | $3,200 | $1,860 |
| Borrowers paying discount points | 49.2% | 51.3% |
| Points paid, when paid (% of loan) | 1.98% | 0.87% |
| Borrowers receiving lender credits | 7.1% | 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 New Day Financial, LLC denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where New Day Financial, LLC lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Florida | 791 | 2,048 | 5.3% | — | — |
| North Carolina | 537 | 1,240 | 9.1% | — | — |
| Georgia | 536 | 1,259 | — | — | — |
| Ohio | 451 | 992 | — | — | — |
| Alabama | 390 | 765 | 3.6% | — | — |
| Virginia | 372 | 840 | 0.0% | — | — |
| Pennsylvania | 365 | 899 | 0.0% | — | — |
| South Carolina | 323 | 767 | 8.7% | — | — |
| Tennessee | 321 | 675 | 11.5% | — | — |
| Michigan | 310 | 656 | — | — | — |
| Missouri | 304 | 610 | 0.0% | — | — |
| Indiana | 288 | 622 | 9.5% | — | — |
| California | 260 | 950 | — | — | — |
| Mississippi | 219 | 413 | — | — | — |
| Oklahoma | 215 | 461 | — | — | — |
| Arizona | 213 | 528 | 5.0% | — | — |
| Kentucky | 209 | 459 | 4.5% | — | — |
| Arkansas | 198 | 403 | — | — | — |
| Illinois | 166 | 407 | — | — | — |
| Wisconsin | 150 | 333 | — | — | — |
| New Jersey | 149 | 335 | — | — | — |
| Maryland | 136 | 400 | — | — | — |
| Louisiana | 131 | 341 | — | — | — |
| Washington | 119 | 298 | — | — | — |
| Minnesota | 118 | 257 | — | — | — |
| Colorado | 107 | 277 | — | — | — |
| Iowa | 97 | 226 | — | — | — |
| New Mexico | 94 | 172 | — | — | — |
| Kansas | 87 | 190 | — | — | — |
| Nevada | 81 | 286 | — | — | — |
| Maine | 74 | 148 | — | — | — |
| Oregon | 73 | 174 | — | — | — |
| Idaho | 62 | 125 | — | — | — |
| Nebraska | 57 | 126 | — | — | — |
| Delaware | 44 | 110 | — | — | — |
| Connecticut | 43 | 112 | — | — | — |
| Montana | 40 | 84 | — | — | — |
| South Dakota | 39 | 72 | — | — | — |
| New Hampshire | 35 | 74 | — | — | — |
| Wyoming | 33 | 74 | — | — | — |
| Alaska | 31 | 50 | — | — | — |
| Texas | 29 | 44 | 9.1% | — | — |
| Hawaii | 6 | 37 | — | — | — |
| District of Columbia | 2 | 6 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open New Day Financial, LLC's page for that state.
Counties where New Day Financial, LLC is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Cheyenne County, KS | 6 | 1 | 12.5% |
| Sharkey County, MS | 7 | 1 | 12.5% |
| Gilliam County, OR | 3 | 2 | 11.8% |
| Webster County, GA | 5 | 1 | 11.1% |
| Lowndes County, AL | 3 | 4 | 9.5% |
| Jerauld County, SD | 7 | 1 | 9.1% |
| Lee County, AR | 4 | 2 | 8.7% |
| Morton County, KS | 7 | 1 | 8.3% |
| Allendale County, SC | 4 | 2 | 8.0% |
| Pike County, AR | 4 | 4 | 7.5% |
| Gallatin County, IL | 5 | 2 | 6.7% |
| Lyman County, SD | 10 | 1 | 6.3% |
| McPherson County, SD | 9 | 1 | 6.3% |
| Atkinson County, GA | 11 | 1 | 5.6% |
| Mackinac County, MI | 4 | 3 | 5.3% |
Check New Day Financial, LLC yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 549300SUCQ1358EGVE89.
- 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 New Day Financial, LLC 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