Lender profile · HMDA 2023–2025
City Lending Inc. mortgage approval rates & lending data
City Lending Inc. decided 3,459 mortgage applications and funded 2,815 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 | 85% | 1,976 / 2,332 | 100% | $365K | 1,972 |
| Cash-out refinance | 64% | 98 / 152 | 97% | $275K | 95 |
| Refinance | 63% | 90 / 143 | 94% | $385K | 85 |
| Investment property purchase | 82% | 643 / 783 | 97% | $245K | 626 |
| Investment cash-out refinance | 76% | 25 / 33 | 92% | $155K | 23 |
City Lending Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 85% | $365K | 1,372 | 1,148 |
| Virginia | 83% | $425K | 911 | 753 |
| Florida | 83% | $295K | 370 | 307 |
| Texas | 78% | $205K | 210 | 161 |
| North Carolina | 79% | $265K | 149 | 115 |
| California | 71% | $5K | 83 | 59 |
| Washington | 79% | $535K | 56 | 44 |
| Indiana | 64% | $5K | 28 | 18 |
| Arizona | 93% | $235K | 27 | 24 |
| Pennsylvania | 68% | $185K | 25 | 17 |
| New Jersey | 62% | $5K | 24 | 14 |
| West Virginia | 88% | $295K | 24 | 21 |
| Illinois | 86% | $275K | 22 | 19 |
| District of Columbia | 62% | $425K | 21 | 13 |
| Tennessee | 84% | $255K | 19 | 16 |
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.