Lender profile · HMDA 2023–2025
Foundation Mortgage Corporation mortgage approval rates & lending data
Foundation Mortgage Corporation decided 4,615 mortgage applications and funded 2,213 loans across the 616 counties Fat Boy Data covers, 2023–2025.
This lender is broker only. It does not take applications from borrowers directly; you would reach it through a mortgage broker.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 87% | 735 / 847 | 62% | $615K | 459 |
| Refinance | 79% | 531 / 670 | 57% | $695K | 303 |
| Investment property purchase | 86% | 1,090 / 1,273 | 61% | $335K | 668 |
| Investment refinance | 81% | 1,472 / 1,820 | 53% | $395K | 781 |
Foundation Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 85% | $835K | 1,347 | 650 |
| Florida | 83% | $395K | 871 | 393 |
| Texas | 87% | $285K | 430 | 213 |
| New York | 73% | $505K | 374 | 175 |
| New Jersey | 80% | $425K | 185 | 86 |
| Ohio | 91% | $175K | 167 | 95 |
| Illinois | 62% | $205K | 133 | 49 |
| Pennsylvania | 86% | $205K | 127 | 69 |
| Washington | 83% | $415K | 106 | 57 |
| Arizona | 77% | $395K | 94 | 52 |
| Michigan | 84% | $205K | 75 | 36 |
| Indiana | 91% | $205K | 67 | 35 |
| Maryland | 86% | $155K | 64 | 32 |
| Hawaii | 82% | $465K | 49 | 22 |
| Colorado | 80% | $505K | 46 | 20 |
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.