Lender profile · HMDA 2023–2025
BoxCar Mortgage, LLC mortgage approval rates & lending data
BoxCar Mortgage, LLC decided 6,182 mortgage applications and funded 5,718 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 97% | 4,784 / 4,954 | 96% | $395K | 4,613 |
| Cash-out refinance | 95% | 311 / 329 | 96% | $245K | 297 |
| Refinance | 96% | 273 / 285 | 93% | $455K | 255 |
| Investment property purchase | 96% | 480 / 500 | 94% | $255K | 453 |
| Investment cash-out refinance | 96% | 86 / 90 | 93% | $195K | 80 |
BoxCar Mortgage, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Georgia | 98% | $395K | 3,130 | 2,945 |
| Colorado | 98% | $425K | 562 | 527 |
| Florida | 90% | $325K | 530 | 451 |
| North Carolina | 99% | $295K | 326 | 301 |
| Indiana | 98% | $235K | 260 | 244 |
| Arizona | 98% | $245K | 247 | 234 |
| Alabama | 94% | $235K | 243 | 220 |
| Ohio | 94% | $275K | 152 | 137 |
| South Carolina | 92% | $315K | 133 | 121 |
| Pennsylvania | 91% | $135K | 65 | 58 |
| Texas | 100% | $295K | 61 | 58 |
| Illinois | 84% | $205K | 55 | 45 |
| Minnesota | 98% | $325K | 55 | 50 |
| California | 96% | $505K | 53 | 49 |
| New Jersey | 77% | $505K | 43 | 33 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.