KeyBank National Association mortgage approval rate & lending review
KeyBank National Association decided 29,493 mortgage applications and funded 19,643 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions KeyBank National Association reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
KeyBank National Association at a glance
Approval is 7.9 points below the 76.1% 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 | 82% | 8,956 / 10,919 | 99% | $225K | 8,873 |
| Home improvement loans | 58% | 4,203 / 7,208 | 96% | $65K | 4,025 |
| Cash-out refinance | 59% | 2,392 / 4,046 | 99% | $165K | 2,358 |
| Refinance | 62% | 3,316 / 5,307 | 95% | $105K | 3,160 |
| Investment property purchase | 79% | 905 / 1,139 | 99% | $265K | 896 |
| Investment cash-out refinance | 41% | 104 / 256 | 99% | $145K | 103 |
| Investment refinance | 41% | 75 / 184 | 96% | $265K | 72 |
| Investment home improvement | 38% | 165 / 434 | 95% | $75K | 156 |
KeyBank National Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 69% | $225K | 8,256 | 5,591 |
| Ohio | 70% | $145K | 6,972 | 4,740 |
| Washington | 65% | $565K | 3,519 | 2,237 |
| Pennsylvania | 67% | $95K | 2,162 | 1,395 |
| Oregon | 69% | $315K | 1,563 | 1,058 |
| Indiana | 66% | $155K | 1,279 | 825 |
| Colorado | 61% | $335K | 1,120 | 664 |
| Connecticut | 61% | $205K | 770 | 454 |
| Maine | 68% | $165K | 645 | 421 |
| Utah | 65% | $475K | 579 | 366 |
| Michigan | 72% | $195K | 468 | 332 |
| Florida | 76% | $405K | 405 | 305 |
| Idaho | 75% | $305K | 340 | 252 |
| Massachusetts | 65% | $175K | 234 | 147 |
| Alaska | 63% | $205K | 191 | 116 |
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 KeyBank National Association lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Erie County, NY | Mortgage lenders | 86% | 1,249 | 1,065 |
| Cuyahoga County, OH | Home improvement loans | 66% | 1,375 | 886 |
| Cuyahoga County, OH | Mortgage lenders | 83% | 620 | 509 |
| King County, WA | Mortgage lenders | 78% | 630 | 486 |
| Lucas County, OH | Mortgage lenders | 94% | 430 | 400 |
| Erie County, NY | Cash-out refinance | 68% | 473 | 321 |
| Erie County, NY | Home improvement loans | 54% | 609 | 315 |
| Niagara County, NY | Mortgage lenders | 87% | 311 | 269 |
| Erie County, NY | Refinance | 68% | 400 | 259 |
| Monroe County, NY | Mortgage lenders | 74% | 345 | 255 |
| Franklin County, OH | Mortgage lenders | 78% | 275 | 213 |
| King County, WA | Refinance | 58% | 339 | 194 |
The county markets where KeyBank National Association made the most loans. Each link opens that market with every lender ranked.
Questions about KeyBank National Association
What is KeyBank National Association's mortgage approval rate?
KeyBank National Association approved 68.2% of the 29,493 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 7.9 points below the 76.1% national rate for the same mix of loan types.
How often do borrowers take the loan KeyBank National Association offers?
Borrowers accepted 98% of the loans KeyBank National Association 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 KeyBank National Association make?
The typical home purchase mortgage loan KeyBank National Association made was $225K; across all loan types its typical loan ran from $65K to $265K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does KeyBank National Association lend?
KeyBank National Association decided applications in 44 of the states Fat Boy Data covers, most of them in New York, Ohio and Washington.
Can I apply to KeyBank National Association directly?
Yes. KeyBank National Association is a bank or credit union with 952 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show KeyBank National Association'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 KeyBank National Association treats applications, then get a rate quote from the lender.