Franklin Loan Corporation mortgage approval rate & lending review
Franklin Loan Corporation decided 4,680 mortgage applications and funded 4,503 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Franklin Loan Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Franklin Loan Corporation at a glance
Approval is 17.3 points above the 81.1% 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 | 99% | 2,498 / 2,530 | 99% | $425K | 2,462 |
| Cash-out refinance | 98% | 1,242 / 1,270 | 97% | $315K | 1,208 |
| Refinance | 99% | 262 / 265 | 95% | $545K | 249 |
| Investment property purchase | 98% | 385 / 394 | 99% | $365K | 380 |
| Investment cash-out refinance | 98% | 181 / 185 | 95% | $385K | 172 |
| Investment refinance | 94% | 34 / 36 | 94% | $355K | 32 |
Franklin Loan Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 98% | $425K | 3,734 | 3,602 |
| Arizona | 98% | $315K | 168 | 161 |
| Nevada | 99% | $365K | 136 | 129 |
| Georgia | 100% | $345K | 119 | 115 |
| Tennessee | 100% | $355K | 69 | 65 |
| Idaho | 100% | $325K | 57 | 56 |
| Colorado | 96% | $355K | 51 | 49 |
| North Carolina | 96% | $345K | 51 | 47 |
| Florida | 96% | $395K | 49 | 45 |
| Utah | 98% | $385K | 47 | 46 |
| Oregon | 100% | $345K | 44 | 42 |
| Texas | 100% | $275K | 42 | 40 |
| Pennsylvania | 100% | $275K | 35 | 34 |
| Maryland | 95% | $355K | 21 | 19 |
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 Franklin Loan Corporation lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Riverside County, CA | Mortgage lenders | 99% | 1,150 | 1,124 |
| San Bernardino County, CA | Mortgage lenders | 99% | 378 | 371 |
| Riverside County, CA | Cash-out refinance | 97% | 235 | 221 |
| Riverside County, CA | Investment property purchase | 98% | 209 | 201 |
| Orange County, CA | Mortgage lenders | 100% | 166 | 165 |
| Monterey County, CA | Mortgage lenders | 95% | 103 | 98 |
| San Bernardino County, CA | Cash-out refinance | 97% | 98 | 95 |
| Riverside County, CA | Refinance | 98% | 64 | 60 |
| Riverside County, CA | Investment cash-out refinance | 100% | 53 | 49 |
| Stanislaus County, CA | Mortgage lenders | 100% | 45 | 45 |
| Monterey County, CA | Cash-out refinance | 100% | 38 | 38 |
| San Bernardino County, CA | Investment property purchase | 97% | 31 | 30 |
The county markets where Franklin Loan Corporation made the most loans. Each link opens that market with every lender ranked.
Questions about Franklin Loan Corporation
What is Franklin Loan Corporation's mortgage approval rate?
Franklin Loan Corporation approved 98.3% of the 4,680 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 17.3 points above the 81.1% national rate for the same mix of loan types.
How often do borrowers take the loan Franklin Loan Corporation offers?
Borrowers accepted 98% of the loans Franklin Loan Corporation 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 Franklin Loan Corporation make?
The typical home purchase mortgage loan Franklin Loan Corporation made was $425K; across all loan types its typical loan ran from $315K to $545K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Franklin Loan Corporation lend?
Franklin Loan Corporation decided applications in 25 of the states Fat Boy Data covers, most of them in California, Arizona and Nevada.
Can I apply to Franklin Loan Corporation directly?
Yes. Franklin Loan Corporation reports as a direct lender that takes applications from borrowers.
Does this page show Franklin Loan Corporation'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 Franklin Loan Corporation treats applications, then get a rate quote from the lender.