Educational Systems mortgage approval rate & lending review
Educational Systems decided 2,024 mortgage applications and funded 1,113 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Educational Systems reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Educational Systems at a glance
Approval is 8.4 points below the 68.3% 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 | 78% | 192 / 245 | 79% | $375K | 152 |
| Home improvement loans | 57% | 681 / 1,197 | 99% | $65K | 673 |
| Cash-out refinance | 62% | 122 / 196 | 84% | $125K | 103 |
| Refinance | 68% | 208 / 306 | 84% | $115K | 175 |
| Investment home improvement | 12% | 6 / 48 | 100% | $105K | 6 |
Educational Systems lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 60% | $65K | 1,821 | 1,020 |
| Virginia | 77% | $715K | 60 | 36 |
| District of Columbia | 57% | $105K | 44 | 22 |
| Delaware | 55% | $105K | 20 | 10 |
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 Educational Systems lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Montgomery County, MD | Home improvement loans | 55% | 399 | 219 |
| Prince George's County, MD | Home improvement loans | 53% | 331 | 173 |
| Frederick County, MD | Home improvement loans | 75% | 101 | 74 |
| Montgomery County, MD | Refinance | 58% | 89 | 50 |
| Charles County, MD | Home improvement loans | 58% | 79 | 46 |
| St. Mary's County, MD | Home improvement loans | 69% | 58 | 39 |
| Anne Arundel County, MD | Home improvement loans | 60% | 65 | 38 |
| Frederick County, MD | Refinance | 89% | 47 | 34 |
| Montgomery County, MD | Cash-out refinance | 63% | 65 | 32 |
| Prince George's County, MD | Cash-out refinance | 58% | 59 | 27 |
| Prince George's County, MD | Refinance | 53% | 59 | 26 |
| Howard County, MD | Home improvement loans | 61% | 38 | 23 |
The county markets where Educational Systems made the most loans. Each link opens that market with every lender ranked.
Questions about Educational Systems
What is Educational Systems's mortgage approval rate?
Educational Systems approved 60.0% of the 2,024 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.4 points below the 68.3% national rate for the same mix of loan types.
How often do borrowers take the loan Educational Systems offers?
Borrowers accepted 92% of the loans Educational Systems 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 Educational Systems make?
The typical home improvement loan loan Educational Systems made was $65K; across all loan types its typical loan ran from $65K to $375K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Educational Systems lend?
Educational Systems decided applications in 22 of the states Fat Boy Data covers, most of them in Maryland, Virginia and District of Columbia.
Can I apply to Educational Systems directly?
Yes. Educational Systems is a bank or credit union with 14 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Educational Systems'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 Educational Systems treats applications, then get a rate quote from the lender.