First Option Mortgage, LLC mortgage approval rate & lending review
First Option Mortgage, LLC decided 6,232 mortgage applications and funded 5,295 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Option Mortgage, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Option Mortgage, LLC at a glance
Approval is 10.2 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 | 96% | 4,520 / 4,700 | 90% | $295K | 4,049 |
| Cash-out refinance | 94% | 243 / 258 | 80% | $235K | 195 |
| Refinance | 98% | 160 / 163 | 81% | $295K | 129 |
| Investment property purchase | 97% | 936 / 961 | 86% | $275K | 805 |
| Investment cash-out refinance | 98% | 124 / 127 | 82% | $185K | 102 |
First Option Mortgage, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Georgia | 96% | $315K | 3,593 | 3,058 |
| Texas | 97% | $245K | 811 | 682 |
| Indiana | 99% | $205K | 495 | 444 |
| Florida | 91% | $305K | 451 | 361 |
| Nevada | 100% | $365K | 224 | 198 |
| Louisiana | 99% | $245K | 183 | 161 |
| Maryland | 95% | $365K | 140 | 119 |
| South Carolina | 100% | $255K | 53 | 46 |
| Virginia | 89% | $355K | 46 | 32 |
| Alabama | 97% | $445K | 39 | 33 |
| Arizona | 91% | $385K | 34 | 27 |
| Tennessee | 97% | $385K | 32 | 27 |
| Missouri | 100% | $195K | 27 | 24 |
| North Carolina | 96% | $285K | 24 | 17 |
| Pennsylvania | 95% | $165K | 21 | 17 |
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 First Option Mortgage, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Gwinnett County, GA | Mortgage lenders | 97% | 981 | 844 |
| DeKalb County, GA | Mortgage lenders | 95% | 336 | 299 |
| Webb County, TX | Mortgage lenders | 99% | 271 | 252 |
| Gwinnett County, GA | Investment property purchase | 98% | 262 | 219 |
| Marion County, IN | Mortgage lenders | 99% | 214 | 189 |
| Cobb County, GA | Mortgage lenders | 95% | 215 | 184 |
| Hall County, GA | Mortgage lenders | 95% | 198 | 160 |
| DeKalb County, GA | Investment property purchase | 98% | 123 | 109 |
| Clayton County, GA | Mortgage lenders | 96% | 112 | 92 |
| Cherokee County, GA | Mortgage lenders | 99% | 76 | 71 |
| East Baton Rouge Parish, LA | Mortgage lenders | 100% | 73 | 66 |
| Cobb County, GA | Investment property purchase | 95% | 83 | 65 |
The county markets where First Option Mortgage, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about First Option Mortgage, LLC
What is First Option Mortgage, LLC's mortgage approval rate?
First Option Mortgage, LLC approved 96.4% of the 6,232 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.2 points above the 86.2% national rate for the same mix of loan types.
How often do borrowers take the loan First Option Mortgage, LLC offers?
Borrowers accepted 88% of the loans First Option Mortgage, LLC 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 First Option Mortgage, LLC make?
The typical home purchase mortgage loan First Option Mortgage, LLC made was $295K; across all loan types its typical loan ran from $185K to $295K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Option Mortgage, LLC lend?
First Option Mortgage, LLC decided applications in 31 of the states Fat Boy Data covers, most of them in Georgia, Texas and Indiana.
Can I apply to First Option Mortgage, LLC directly?
Yes. First Option Mortgage, LLC reports as a direct lender that takes applications from borrowers.
Does this page show First Option Mortgage, 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 First Option Mortgage, LLC treats applications, then get a rate quote from the lender.