Honda mortgage approval rate & lending review
Honda decided 825 mortgage applications and funded 649 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Honda reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Honda at a glance
Approval is 6.3 points above the 72.6% 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 | 90% | 161 / 179 | 100% | $215K | 161 |
| Home improvement loans | 85% | 74 / 87 | 100% | $55K | 74 |
| Cash-out refinance | 80% | 395 / 496 | 100% | $75K | 395 |
| Refinance | 16% | 7 / 44 | 71% | $145K | 5 |
Honda lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Ohio | 83% | $65K | 370 | 305 |
| California | 75% | $155K | 142 | 106 |
| Alabama | 77% | $55K | 106 | 82 |
| North Carolina | 81% | $65K | 54 | 43 |
| Georgia | 81% | $145K | 36 | 29 |
| South Carolina | 75% | $125K | 32 | 24 |
| Indiana | 67% | $85K | 27 | 18 |
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 Honda lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Franklin County, OH | Cash-out refinance | 84% | 99 | 83 |
| Delaware County, OH | Cash-out refinance | 88% | 66 | 58 |
| Clark County, OH | Cash-out refinance | 83% | 23 | 19 |
| Allen County, OH | Cash-out refinance | 73% | 22 | 16 |
The county markets where Honda made the most loans. Each link opens that market with every lender ranked.
Questions about Honda
What is Honda's mortgage approval rate?
Honda approved 78.9% of the 825 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.3 points above the 72.6% national rate for the same mix of loan types.
How often do borrowers take the loan Honda offers?
Borrowers accepted 100% of the loans Honda approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Honda make?
The typical cash-out refinance loan Honda made was $75K; across all loan types its typical loan ran from $55K to $215K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Honda lend?
Honda decided applications in 28 of the states Fat Boy Data covers, most of them in Ohio, California and Alabama.
Can I apply to Honda directly?
Yes. Honda is a bank or credit union with 13 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Honda'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 Honda treats applications, then get a rate quote from the lender.