Commonwealth One mortgage approval rate & lending review
Commonwealth One decided 331 mortgage applications and funded 222 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Commonwealth One reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Commonwealth One at a glance
Approval is 3.0 points above the 71.3% 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 | 88% | 60 / 68 | 98% | $355K | 59 |
| Home improvement loans | 66% | 107 / 162 | 85% | $75K | 91 |
| Refinance | 79% | 44 / 56 | 93% | $135K | 41 |
Commonwealth One lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Virginia | 77% | $135K | 167 | 117 |
| Maryland | 67% | $75K | 110 | 67 |
| District of Columbia | 77% | $145K | 26 | 17 |
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 Commonwealth One lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Prince George's County, MD | Home improvement loans | 54% | 41 | 19 |
| Fairfax County, VA | Home improvement loans | 72% | 29 | 19 |
The county markets where Commonwealth One made the most loans. Each link opens that market with every lender ranked.
Questions about Commonwealth One
What is Commonwealth One's mortgage approval rate?
Commonwealth One approved 74.3% of the 331 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.0 points above the 71.3% national rate for the same mix of loan types.
How often do borrowers take the loan Commonwealth One offers?
Borrowers accepted 90% of the loans Commonwealth One approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Commonwealth One make?
The typical home improvement loan loan Commonwealth One made was $75K; across all loan types its typical loan ran from $75K to $355K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Commonwealth One lend?
Commonwealth One decided applications in 12 of the states Fat Boy Data covers, most of them in Virginia, Maryland and District of Columbia.
Can I apply to Commonwealth One directly?
Yes. Commonwealth One is a bank or credit union with 8 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Commonwealth One'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 Commonwealth One treats applications, then get a rate quote from the lender.