Developer's Mortgage Company mortgage approval rate & lending review
Developer's Mortgage Company decided 1,707 mortgage applications and funded 1,438 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Developer's Mortgage Company reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Developer's Mortgage Company at a glance
Approval is 8.3 points above the 86.2% 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 | 95% | 1,193 / 1,253 | 87% | $325K | 1,042 |
| Cash-out refinance | 84% | 43 / 51 | 95% | $225K | 41 |
| Refinance | 94% | 63 / 67 | 92% | $295K | 58 |
| Investment property purchase | 94% | 267 / 284 | 94% | $265K | 251 |
| Investment refinance | 85% | 28 / 33 | 96% | $225K | 27 |
Developer's Mortgage Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 97% | $175K | 474 | 442 |
| Ohio | 96% | $475K | 336 | 231 |
| New Jersey | 94% | $305K | 280 | 247 |
| Florida | 95% | $465K | 116 | 101 |
| Illinois | 95% | $295K | 103 | 85 |
| New York | 82% | $555K | 95 | 65 |
| Texas | 98% | $345K | 95 | 88 |
| North Carolina | 100% | $465K | 71 | 69 |
| Indiana | 91% | $265K | 35 | 29 |
| Oklahoma | 91% | $235K | 35 | 32 |
| South Carolina | 75% | $95K | 24 | 15 |
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 Developer's Mortgage Company lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Allegheny County, PA | Mortgage lenders | 98% | 100 | 95 |
| Delaware County, OH | Mortgage lenders | 100% | 104 | 83 |
| Beaver County, PA | Mortgage lenders | 98% | 85 | 81 |
| Fairfield County, OH | Mortgage lenders | 88% | 81 | 41 |
| DuPage County, IL | Investment property purchase | 97% | 36 | 34 |
| Atlantic County, NJ | Mortgage lenders | 95% | 21 | 19 |
The county markets where Developer's Mortgage Company made the most loans. Each link opens that market with every lender ranked.
Questions about Developer's Mortgage Company
What is Developer's Mortgage Company's mortgage approval rate?
Developer's Mortgage Company approved 94.5% of the 1,707 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.3 points above the 86.2% national rate for the same mix of loan types.
How often do borrowers take the loan Developer's Mortgage Company offers?
Borrowers accepted 89% of the loans Developer's Mortgage Company 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 Developer's Mortgage Company make?
The typical home purchase mortgage loan Developer's Mortgage Company made was $325K; across all loan types its typical loan ran from $225K to $325K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Developer's Mortgage Company lend?
Developer's Mortgage Company decided applications in 20 of the states Fat Boy Data covers, most of them in Pennsylvania, Ohio and New Jersey.
Can I apply to Developer's Mortgage Company directly?
Yes. Developer's Mortgage Company reports as a direct lender that takes applications from borrowers.
Does this page show Developer's Mortgage Company'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 Developer's Mortgage Company treats applications, then get a rate quote from the lender.