Fay Servicing, LLC mortgage approval rate & lending review
Fay Servicing, LLC decided 515 mortgage applications and funded 306 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Fay Servicing, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to fayservicing.com.
Fay Servicing, LLC at a glance
Approval is 3.1 points below the 75.6% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Cash-out refinance | 35% | 34 / 98 | 94% | $175K | 32 |
| Refinance | 35% | 25 / 72 | 68% | $275K | 17 |
| Investment property purchase | 94% | 65 / 69 | 72% | $245K | 47 |
| Investment cash-out refinance | 94% | 164 / 175 | 87% | $205K | 142 |
| Investment refinance | 85% | 82 / 96 | 79% | $165K | 65 |
Fay Servicing, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Virginia | 94% | $195K | 141 | 114 |
| California | 83% | $335K | 123 | 81 |
| Arizona | 93% | $165K | 44 | 32 |
| Florida | 28% | $265K | 36 | 8 |
| Texas | 32% | $315K | 34 | 8 |
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 Fay Servicing, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Henrico County, VA | Investment cash-out refinance | 100% | 20 | 20 |
The county markets where Fay Servicing, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Fay Servicing, LLC
What is Fay Servicing, LLC's mortgage approval rate?
Fay Servicing, LLC approved 72.4% of the 515 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.1 points below the 75.6% national rate for the same mix of loan types.
How often do borrowers take the loan Fay Servicing, LLC offers?
Borrowers accepted 82% of the loans Fay Servicing, LLC approved, against 92% for all investment cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Fay Servicing, LLC make?
The typical investment cash-out refinance loan Fay Servicing, LLC made was $205K; across all loan types its typical loan ran from $165K to $275K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Fay Servicing, LLC lend?
Fay Servicing, LLC decided applications in 27 of the states Fat Boy Data covers, most of them in Virginia, California and Arizona.
Can I apply to Fay Servicing, LLC directly?
Yes. Fay Servicing, LLC reports as a direct lender that takes applications from borrowers. Its website is fayservicing.com.
Does this page show Fay Servicing, LLC'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 Fay Servicing, LLC treats applications, then get a rate quote from the lender.