Bank of Hope mortgage approval rate & lending review
Bank of Hope decided 1,860 mortgage applications and funded 1,490 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bank of Hope reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bank of Hope at a glance
Approval is 7.7 points above the 84.8% 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 | 95% | 1,161 / 1,216 | 89% | $545K | 1,029 |
| Cash-out refinance | 83% | 131 / 157 | 79% | $665K | 104 |
| Refinance | 73% | 47 / 64 | 70% | $555K | 33 |
| Investment property purchase | 93% | 297 / 319 | 87% | $505K | 258 |
| Investment cash-out refinance | 81% | 51 / 63 | 75% | $655K | 38 |
| Investment refinance | 83% | 25 / 30 | 88% | $495K | 22 |
Bank of Hope lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 95% | $595K | 1,025 | 837 |
| California | 88% | $905K | 262 | 190 |
| New Jersey | 90% | $595K | 178 | 140 |
| Hawaii | 75% | $435K | 68 | 49 |
| Washington | 89% | $465K | 38 | 29 |
| Pennsylvania | 100% | $205K | 31 | 27 |
| Georgia | 97% | $455K | 30 | 25 |
| Ohio | 97% | $245K | 29 | 27 |
| Texas | 96% | $305K | 26 | 23 |
| Connecticut | 96% | $335K | 24 | 21 |
| Illinois | 96% | $385K | 23 | 20 |
| Virginia | 86% | $325K | 22 | 17 |
| Florida | 90% | $445K | 20 | 18 |
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 Bank of Hope lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Queens County, NY | Mortgage lenders | 94% | 249 | 193 |
| Richmond County, NY | Mortgage lenders | 99% | 174 | 157 |
| Kings County, NY | Mortgage lenders | 99% | 154 | 140 |
| Nassau County, NY | Mortgage lenders | 97% | 133 | 113 |
| Kings County, NY | Investment property purchase | 100% | 38 | 34 |
| Queens County, NY | Investment property purchase | 88% | 50 | 30 |
| Bergen County, NJ | Investment property purchase | 90% | 30 | 25 |
| Richmond County, NY | Investment property purchase | 95% | 20 | 17 |
| Queens County, NY | Cash-out refinance | 85% | 27 | 13 |
The county markets where Bank of Hope made the most loans. Each link opens that market with every lender ranked.
Questions about Bank of Hope
What is Bank of Hope's mortgage approval rate?
Bank of Hope approved 92.4% of the 1,860 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 7.7 points above the 84.8% national rate for the same mix of loan types.
How often do borrowers take the loan Bank of Hope offers?
Borrowers accepted 87% of the loans Bank of Hope 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 Bank of Hope make?
The typical home purchase mortgage loan Bank of Hope made was $545K; across all loan types its typical loan ran from $495K to $665K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bank of Hope lend?
Bank of Hope decided applications in 24 of the states Fat Boy Data covers, most of them in New York, California and New Jersey.
Can I apply to Bank of Hope directly?
Yes. Bank of Hope is a bank or credit union with 78 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bank of Hope'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 Bank of Hope treats applications, then get a rate quote from the lender.