Lender profile · HMDA 2023–2025
HomePromise Corporation mortgage approval rates & lending data
HomePromise Corporation decided 2,061 mortgage applications and funded 174 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 | 8% | 157 / 1,944 | 97% | $325K | 153 |
| Home improvement loans | 17% | 5 / 29 | 100% | $275K | 5 |
| Cash-out refinance | 18% | 8 / 45 | 100% | $305K | 8 |
| Refinance | 15% | 6 / 41 | 100% | $205K | 6 |
HomePromise Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 3% | $275K | 525 | 17 |
| Florida | 14% | $365K | 270 | 37 |
| Ohio | 9% | $285K | 172 | 15 |
| Georgia | 9% | $295K | 168 | 14 |
| Pennsylvania | 11% | $245K | 131 | 14 |
| California | 9% | $345K | 117 | 10 |
| Alabama | 6% | $225K | 108 | 6 |
| Virginia | 14% | $215K | 94 | 13 |
| Michigan | 4% | $255K | 93 | 4 |
| Tennessee | 12% | $315K | 80 | 10 |
| Maryland | 15% | $375K | 72 | 11 |
| Colorado | 3% | $445K | 66 | 2 |
| Washington | 8% | $585K | 61 | 5 |
| New Jersey | 23% | $375K | 44 | 8 |
| Oregon | 8% | $475K | 26 | 2 |
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.