Lender profile · HMDA 2023–2025
Elevations mortgage approval rates & lending data
Elevations decided 8,584 mortgage applications and funded 7,206 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 96% | 3,730 / 3,873 | 98% | $485K | 3,654 |
| Home improvement loans | 72% | 962 / 1,342 | 100% | $105K | 962 |
| Cash-out refinance | 80% | 1,760 / 2,191 | 95% | $155K | 1,666 |
| Refinance | 84% | 462 / 550 | 99% | $375K | 456 |
| Investment property purchase | 96% | 252 / 263 | 97% | $355K | 245 |
| Investment cash-out refinance | 65% | 142 / 219 | 95% | $155K | 135 |
| Investment refinance | 78% | 35 / 45 | 94% | $505K | 33 |
| Investment home improvement | 54% | 55 / 101 | 100% | $155K | 55 |
Elevations lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Colorado | 86% | $485K | 8,584 | 7,206 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.