Homestar Financial Corporation mortgage approval rate & lending review
Homestar Financial Corporation decided 2,935 mortgage applications and funded 2,240 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Homestar Financial Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Homestar Financial Corporation at a glance
Approval is 9.9 points below the 86.3% 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% | 2,032 / 2,586 | 100% | $295K | 2,032 |
| Cash-out refinance | 52% | 68 / 132 | 99% | $195K | 67 |
| Refinance | 54% | 26 / 48 | 96% | $205K | 25 |
| Investment property purchase | 76% | 95 / 125 | 100% | $235K | 95 |
| Investment cash-out refinance | 50% | 15 / 30 | 100% | $185K | 15 |
Homestar Financial Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Georgia | 75% | $295K | 1,972 | 1,478 |
| Florida | 82% | $255K | 283 | 233 |
| Alabama | 70% | $295K | 165 | 115 |
| North Carolina | 90% | $215K | 154 | 138 |
| Colorado | 84% | $245K | 76 | 64 |
| Michigan | 70% | $225K | 69 | 48 |
| South Carolina | 80% | $185K | 69 | 55 |
| Missouri | 90% | $155K | 41 | 37 |
| Louisiana | 85% | $195K | 27 | 23 |
| Illinois | 50% | $305K | 22 | 11 |
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 Homestar Financial Corporation lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Gwinnett County, GA | Mortgage lenders | 80% | 199 | 159 |
| Hall County, GA | Mortgage lenders | 85% | 157 | 134 |
| Cobb County, GA | Mortgage lenders | 77% | 128 | 98 |
| DeKalb County, GA | Mortgage lenders | 83% | 118 | 98 |
| Paulding County, GA | Mortgage lenders | 84% | 103 | 87 |
| Muscogee County, GA | Mortgage lenders | 74% | 102 | 75 |
| Bartow County, GA | Mortgage lenders | 81% | 83 | 67 |
| Henry County, GA | Mortgage lenders | 71% | 95 | 67 |
| Cleveland County, NC | Mortgage lenders | 90% | 69 | 62 |
| Carroll County, GA | Mortgage lenders | 81% | 75 | 61 |
| Coweta County, GA | Mortgage lenders | 73% | 75 | 55 |
| Douglas County, GA | Mortgage lenders | 83% | 66 | 55 |
The county markets where Homestar Financial Corporation made the most loans. Each link opens that market with every lender ranked.
Questions about Homestar Financial Corporation
What is Homestar Financial Corporation's mortgage approval rate?
Homestar Financial Corporation approved 76.4% of the 2,935 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.9 points below the 86.3% national rate for the same mix of loan types.
How often do borrowers take the loan Homestar Financial Corporation offers?
Borrowers accepted 100% of the loans Homestar Financial 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 Homestar Financial Corporation make?
The typical home purchase mortgage loan Homestar Financial Corporation made was $295K; across all loan types its typical loan ran from $185K to $295K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Homestar Financial Corporation lend?
Homestar Financial Corporation decided applications in 26 of the states Fat Boy Data covers, most of them in Georgia, Florida and Alabama.
Can I apply to Homestar Financial Corporation directly?
Yes. Homestar Financial Corporation reports as a direct lender that takes applications from borrowers.
Does this page show Homestar Financial 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 Homestar Financial Corporation treats applications, then get a rate quote from the lender.