Fourleaf mortgage approval rate & lending review
Fourleaf decided 33,753 mortgage applications and funded 17,532 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Fourleaf reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Fourleaf at a glance
Approval is 15.4 points below the 68.4% 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 | 82% | 2,401 / 2,936 | 98% | $495K | 2,356 |
| Home improvement loans | 47% | 9,779 / 20,922 | 98% | $105K | 9,568 |
| Cash-out refinance | 55% | 1,427 / 2,576 | 98% | $255K | 1,396 |
| Refinance | 56% | 3,756 / 6,697 | 98% | $205K | 3,675 |
| Investment property purchase | 91% | 449 / 494 | 99% | $415K | 446 |
| Investment cash-out refinance | 77% | 60 / 78 | 100% | $255K | 60 |
| Investment refinance | 79% | 26 / 33 | 100% | $715K | 26 |
Fourleaf lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 52% | $145K | 19,837 | 10,038 |
| California | 53% | $205K | 3,116 | 1,612 |
| Florida | 51% | $105K | 1,963 | 981 |
| New Jersey | 57% | $205K | 1,354 | 756 |
| Georgia | 54% | $105K | 802 | 429 |
| North Carolina | 56% | $105K | 554 | 304 |
| Illinois | 60% | $235K | 537 | 316 |
| Arizona | 55% | $105K | 496 | 268 |
| Washington | 59% | $125K | 426 | 242 |
| Pennsylvania | 56% | $105K | 402 | 221 |
| South Carolina | 64% | $105K | 387 | 245 |
| Virginia | 56% | $145K | 385 | 207 |
| Massachusetts | 63% | $255K | 350 | 216 |
| Connecticut | 64% | $265K | 323 | 207 |
| Colorado | 59% | $125K | 283 | 163 |
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 Fourleaf lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Suffolk County, NY | Home improvement loans | 47% | 4,725 | 2,189 |
| Nassau County, NY | Home improvement loans | 46% | 4,446 | 1,976 |
| Nassau County, NY | Refinance | 57% | 1,884 | 1,050 |
| Suffolk County, NY | Refinance | 61% | 1,708 | 1,020 |
| Suffolk County, NY | Mortgage lenders | 82% | 771 | 619 |
| Nassau County, NY | Mortgage lenders | 84% | 644 | 523 |
| Nassau County, NY | Cash-out refinance | 56% | 761 | 417 |
| Suffolk County, NY | Cash-out refinance | 58% | 731 | 414 |
| Los Angeles County, CA | Home improvement loans | 45% | 581 | 257 |
| Queens County, NY | Home improvement loans | 29% | 898 | 250 |
| Westchester County, NY | Home improvement loans | 53% | 353 | 187 |
| Kings County, NY | Home improvement loans | 33% | 438 | 142 |
The county markets where Fourleaf made the most loans. Each link opens that market with every lender ranked.
Questions about Fourleaf
What is Fourleaf's mortgage approval rate?
Fourleaf approved 53.0% of the 33,753 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 15.4 points below the 68.4% national rate for the same mix of loan types.
How often do borrowers take the loan Fourleaf offers?
Borrowers accepted 98% of the loans Fourleaf 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 Fourleaf make?
The typical home improvement loan loan Fourleaf made was $105K; across all loan types its typical loan ran from $105K to $715K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Fourleaf lend?
Fourleaf decided applications in 50 of the states Fat Boy Data covers, most of them in New York, California and Florida.
Can I apply to Fourleaf directly?
Yes. Fourleaf is a bank or credit union with 40 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Fourleaf'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 Fourleaf treats applications, then get a rate quote from the lender.