Direct Rate Home Loans, Inc mortgage approval rate & lending review
Direct Rate Home Loans, Inc decided 378 mortgage applications and funded 339 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Direct Rate Home Loans, Inc reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to directrate.com.
Direct Rate Home Loans, Inc at a glance
Approval is 7.3 points above the 85.2% 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% | 272 / 285 | 97% | $475K | 264 |
| Refinance | 82% | 47 / 57 | 98% | $485K | 46 |
Direct Rate Home Loans, Inc lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Utah | 93% | $475K | 354 | 319 |
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 Direct Rate Home Loans, Inc lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Salt Lake County, UT | Mortgage lenders | 96% | 109 | 101 |
| Davis County, UT | Mortgage lenders | 96% | 57 | 55 |
| Weber County, UT | Mortgage lenders | 90% | 48 | 43 |
The county markets where Direct Rate Home Loans, Inc made the most loans. Each link opens that market with every lender ranked.
Questions about Direct Rate Home Loans, Inc
What is Direct Rate Home Loans, Inc's mortgage approval rate?
Direct Rate Home Loans, Inc approved 92.6% of the 378 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 7.3 points above the 85.2% national rate for the same mix of loan types.
How often do borrowers take the loan Direct Rate Home Loans, Inc offers?
Borrowers accepted 97% of the loans Direct Rate Home Loans, Inc 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 Direct Rate Home Loans, Inc make?
The typical home purchase mortgage loan Direct Rate Home Loans, Inc made was $475K; across all loan types its typical loan ran from $475K to $485K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Direct Rate Home Loans, Inc lend?
Direct Rate Home Loans, Inc decided applications in 7 of the states Fat Boy Data covers, most of them in Utah, Washington and Arizona.
Can I apply to Direct Rate Home Loans, Inc directly?
Yes. Direct Rate Home Loans, Inc reports as a direct lender that takes applications from borrowers. Its website is directrate.com.
Does this page show Direct Rate Home Loans, Inc'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 Direct Rate Home Loans, Inc treats applications, then get a rate quote from the lender.