Inova mortgage approval rate & lending review
Inova decided 991 mortgage applications and funded 750 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Inova reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Inova at a glance
Approval is 10.4 points above the 71.2% 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 | 96% | 191 / 200 | 89% | $185K | 170 |
| Home improvement loans | 76% | 342 / 451 | 96% | $55K | 330 |
| Cash-out refinance | 85% | 141 / 166 | 89% | $65K | 125 |
| Refinance | 78% | 118 / 151 | 93% | $75K | 110 |
Inova lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Indiana | 85% | $65K | 805 | 642 |
| California | 66% | $105K | 32 | 18 |
| Florida | 69% | $65K | 29 | 16 |
| North Carolina | 88% | $155K | 24 | 20 |
| Illinois | 81% | $55K | 21 | 15 |
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 Inova lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Elkhart County, IN | Home improvement loans | 80% | 168 | 130 |
| St. Joseph County, IN | Home improvement loans | 88% | 128 | 109 |
| Elkhart County, IN | Mortgage lenders | 96% | 82 | 73 |
| St. Joseph County, IN | Mortgage lenders | 99% | 71 | 62 |
| Elkhart County, IN | Cash-out refinance | 81% | 85 | 59 |
| St. Joseph County, IN | Cash-out refinance | 94% | 52 | 45 |
| St. Joseph County, IN | Refinance | 87% | 55 | 45 |
| Elkhart County, IN | Refinance | 78% | 51 | 39 |
| LaPorte County, IN | Home improvement loans | 74% | 27 | 20 |
The county markets where Inova made the most loans. Each link opens that market with every lender ranked.
Questions about Inova
What is Inova's mortgage approval rate?
Inova approved 81.6% of the 991 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.4 points above the 71.2% national rate for the same mix of loan types.
How often do borrowers take the loan Inova offers?
Borrowers accepted 93% of the loans Inova 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 Inova make?
The typical home improvement loan loan Inova made was $55K; across all loan types its typical loan ran from $55K to $185K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Inova lend?
Inova decided applications in 25 of the states Fat Boy Data covers, most of them in Indiana, California and Florida.
Can I apply to Inova directly?
Yes. Inova is a bank or credit union with 6 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Inova'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 Inova treats applications, then get a rate quote from the lender.