Lender profile · HMDA 2023–2025
Freedom mortgage approval rates & lending data
Freedom decided 1,313 mortgage applications and funded 945 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 60% | 88 / 147 | 100% | $335K | 88 |
| Home improvement loans | 76% | 595 / 782 | 100% | $65K | 595 |
| Cash-out refinance | 70% | 60 / 86 | 100% | $185K | 60 |
| Refinance | 73% | 188 / 257 | 100% | $105K | 188 |
Freedom lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 72% | $65K | 1,170 | 848 |
| New Jersey | 81% | $65K | 98 | 79 |
| Delaware | 64% | $55K | 28 | 18 |
| Maryland | 0% | — | 4 | 0 |
| Massachusetts | 0% | — | 4 | 0 |
| Florida | 0% | — | 2 | 0 |
| North Carolina | 0% | — | 2 | 0 |
| Arizona | 0% | — | 1 | 0 |
| California | 0% | — | 1 | 0 |
| Georgia | 0% | — | 1 | 0 |
| Louisiana | 0% | — | 1 | 0 |
| Oklahoma | 0% | — | 1 | 0 |
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.