Franklin Mint mortgage approval rate & lending review
Franklin Mint decided 3,750 mortgage applications and funded 2,633 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Franklin Mint reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Franklin Mint at a glance
Approval is 2.7 points above the 69.9% 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 | 79% | 340 / 431 | 96% | $205K | 325 |
| Home improvement loans | 69% | 1,425 / 2,056 | 97% | $65K | 1,377 |
| Refinance | 79% | 823 / 1,037 | 97% | $105K | 801 |
| Investment property purchase | 72% | 52 / 72 | 96% | $295K | 50 |
| Investment refinance | 54% | 27 / 50 | 96% | $85K | 26 |
| Investment home improvement | 39% | 27 / 70 | 96% | $65K | 26 |
Franklin Mint lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 73% | $65K | 3,173 | 2,252 |
| Delaware | 67% | $65K | 315 | 208 |
| New Jersey | 72% | $105K | 158 | 110 |
| Florida | 73% | $75K | 33 | 22 |
| Maryland | 73% | $55K | 30 | 21 |
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 Mint lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Delaware County, PA | Home improvement loans | 68% | 1,037 | 688 |
| Delaware County, PA | Refinance | 78% | 561 | 425 |
| Chester County, PA | Home improvement loans | 83% | 345 | 275 |
| Chester County, PA | Refinance | 84% | 215 | 177 |
| Delaware County, PA | Mortgage lenders | 78% | 214 | 157 |
| New Castle County, DE | Home improvement loans | 65% | 163 | 104 |
| Montgomery County, PA | Home improvement loans | 77% | 134 | 99 |
| Chester County, PA | Mortgage lenders | 86% | 80 | 66 |
| Philadelphia County, PA | Home improvement loans | 44% | 138 | 56 |
| New Castle County, DE | Refinance | 74% | 74 | 54 |
| Montgomery County, PA | Refinance | 88% | 59 | 51 |
| Bucks County, PA | Home improvement loans | 89% | 36 | 31 |
The county markets where Franklin Mint made the most loans. Each link opens that market with every lender ranked.
Questions about Franklin Mint
What is Franklin Mint's mortgage approval rate?
Franklin Mint approved 72.6% of the 3,750 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 2.7 points above the 69.9% national rate for the same mix of loan types.
How often do borrowers take the loan Franklin Mint offers?
Borrowers accepted 97% of the loans Franklin Mint 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 Franklin Mint make?
The typical home improvement loan loan Franklin Mint made was $65K; across all loan types its typical loan ran from $65K to $295K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Franklin Mint lend?
Franklin Mint decided applications in 22 of the states Fat Boy Data covers, most of them in Pennsylvania, Delaware and New Jersey.
Can I apply to Franklin Mint directly?
Yes. Franklin Mint is a bank or credit union with 18 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Franklin Mint'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 Mint treats applications, then get a rate quote from the lender.