Alcova Mortgage LLC mortgage approval rate & lending review
Alcova Mortgage LLC decided 8,315 mortgage applications and funded 7,232 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Alcova Mortgage LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to alcova.com.
Alcova Mortgage LLC at a glance
Approval is 9.6 points above the 86.3% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 96% | 6,359 / 6,619 | 91% | $315K | 5,818 |
| Refinance | 94% | 740 / 784 | 88% | $305K | 654 |
| Investment property purchase | 97% | 657 / 679 | 89% | $205K | 586 |
| Investment refinance | 91% | 212 / 233 | 82% | $185K | 174 |
Alcova Mortgage LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 97% | $295K | 3,382 | 2,936 |
| Virginia | 96% | $335K | 1,891 | 1,727 |
| South Carolina | 93% | $255K | 706 | 577 |
| Georgia | 94% | $335K | 515 | 426 |
| Pennsylvania | 94% | $245K | 474 | 416 |
| Florida | 91% | $275K | 463 | 375 |
| Texas | 98% | $355K | 288 | 263 |
| Ohio | 95% | $205K | 235 | 200 |
| Maryland | 93% | $365K | 168 | 143 |
| Tennessee | 99% | $385K | 94 | 86 |
| District of Columbia | 96% | $545K | 28 | 26 |
| Alabama | 90% | $295K | 21 | 14 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Alcova Mortgage LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Chesterfield County, VA | Mortgage lenders | 98% | 515 | 473 |
| Pitt County, NC | Mortgage lenders | 97% | 309 | 270 |
| Wake County, NC | Mortgage lenders | 98% | 291 | 257 |
| Mecklenburg County, NC | Mortgage lenders | 99% | 217 | 190 |
| Henrico County, VA | Mortgage lenders | 97% | 172 | 162 |
| Cumberland County, NC | Mortgage lenders | 95% | 179 | 148 |
| Cabarrus County, NC | Mortgage lenders | 98% | 163 | 144 |
| Richmond city, VA | Mortgage lenders | 94% | 141 | 129 |
| Horry County, SC | Mortgage lenders | 95% | 139 | 124 |
| Catawba County, NC | Mortgage lenders | 98% | 133 | 116 |
| Johnston County, NC | Mortgage lenders | 98% | 121 | 115 |
| Buncombe County, NC | Mortgage lenders | 98% | 122 | 109 |
The county markets where Alcova Mortgage LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Alcova Mortgage LLC
What is Alcova Mortgage LLC's mortgage approval rate?
Alcova Mortgage LLC approved 95.8% of the 8,315 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.6 points above the 86.3% national rate for the same mix of loan types.
How often do borrowers take the loan Alcova Mortgage LLC offers?
Borrowers accepted 91% of the loans Alcova Mortgage LLC approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Alcova Mortgage LLC make?
The typical home purchase mortgage loan Alcova Mortgage LLC made was $315K; across all loan types its typical loan ran from $185K to $315K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Alcova Mortgage LLC lend?
Alcova Mortgage LLC decided applications in 22 of the states Fat Boy Data covers, most of them in North Carolina, Virginia and South Carolina.
Can I apply to Alcova Mortgage LLC directly?
Yes. Alcova Mortgage LLC reports as a direct lender that takes applications from borrowers. Its website is alcova.com.
Does this page show Alcova Mortgage LLC's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Alcova Mortgage LLC treats applications, then get a rate quote from the lender.