Instamortgage Inc. mortgage approval rate & lending review
Instamortgage Inc. decided 463 mortgage applications and funded 448 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Instamortgage Inc. reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to instamortgage.com.
Instamortgage Inc. at a glance
Approval is 13.0 points above the 85.1% 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 | 98% | 328 / 334 | 99% | $405K | 325 |
| Cash-out refinance | 96% | 27 / 28 | 100% | $255K | 27 |
| Refinance | 100% | 39 / 39 | 97% | $465K | 38 |
| Investment property purchase | 96% | 45 / 47 | 96% | $325K | 43 |
Instamortgage Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 99% | $465K | 75 | 74 |
| Virginia | 93% | $565K | 75 | 67 |
| Texas | 100% | $405K | 63 | 63 |
| Nevada | 100% | $375K | 47 | 47 |
| Maryland | 98% | $555K | 46 | 45 |
| Georgia | 100% | $285K | 34 | 34 |
| New Jersey | 100% | $445K | 25 | 23 |
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.
Questions about Instamortgage Inc.
What is Instamortgage Inc.'s mortgage approval rate?
Instamortgage Inc. approved 98.1% of the 463 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 13.0 points above the 85.1% national rate for the same mix of loan types.
How often do borrowers take the loan Instamortgage Inc. offers?
Borrowers accepted 99% of the loans Instamortgage Inc. 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 Instamortgage Inc. make?
The typical home purchase mortgage loan Instamortgage Inc. made was $405K; across all loan types its typical loan ran from $255K to $465K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Instamortgage Inc. lend?
Instamortgage Inc. decided applications in 25 of the states Fat Boy Data covers, most of them in California, Virginia and Texas.
Can I apply to Instamortgage Inc. directly?
Yes. Instamortgage Inc. reports as a direct lender that takes applications from borrowers. Its website is instamortgage.com.
Does this page show Instamortgage Inc.'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 Instamortgage Inc. treats applications, then get a rate quote from the lender.