Credence Funding Corporation mortgage approval rate & lending review
Credence Funding Corporation decided 567 mortgage applications and funded 563 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Credence Funding Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Credence Funding Corporation at a glance
Approval is 22.1 points above the 77.2% 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 | 98% | 49 / 50 | 100% | $335K | 49 |
| Refinance | 100% | 494 / 495 | 100% | $305K | 494 |
Credence Funding Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 100% | $335K | 70 | 70 |
| Maryland | 98% | $335K | 63 | 62 |
| Florida | 98% | $295K | 51 | 50 |
| Georgia | 98% | $335K | 43 | 42 |
| North Carolina | 100% | $305K | 40 | 40 |
| Indiana | 100% | $275K | 31 | 31 |
| Washington | 100% | $465K | 29 | 29 |
| Illinois | 100% | $285K | 25 | 25 |
| Virginia | 100% | $335K | 25 | 25 |
| Oklahoma | 100% | $265K | 22 | 22 |
| Pennsylvania | 100% | $225K | 21 | 21 |
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.
Questions about Credence Funding Corporation
What is Credence Funding Corporation's mortgage approval rate?
Credence Funding Corporation approved 99.3% of the 567 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 22.1 points above the 77.2% national rate for the same mix of loan types.
How often do borrowers take the loan Credence Funding Corporation offers?
Borrowers accepted 100% of the loans Credence Funding Corporation approved, against 93% for all mortgage refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Credence Funding Corporation make?
The typical mortgage refinance loan Credence Funding Corporation made was $305K; across all loan types its typical loan ran from $305K to $335K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Credence Funding Corporation lend?
Credence Funding Corporation decided applications in 24 of the states Fat Boy Data covers, most of them in Texas, Maryland and Florida.
Can I apply to Credence Funding Corporation directly?
Yes. Credence Funding Corporation reports as a direct lender that takes applications from borrowers.
Does this page show Credence Funding Corporation'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 Credence Funding Corporation treats applications, then get a rate quote from the lender.