Loan Funder LLC mortgage approval rate & lending review
Loan Funder LLC decided 28,638 mortgage applications and funded 22,741 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Loan Funder LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Loan Funder LLC at a glance
Approval is 1.2 points above the 82.2% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Investment property purchase | 83% | 14,057 / 16,998 | 94% | $245K | 13,199 |
| Investment cash-out refinance | 85% | 6,976 / 8,255 | 97% | $195K | 6,778 |
| Investment refinance | 85% | 2,866 / 3,385 | 96% | $175K | 2,764 |
Loan Funder LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 89% | $465K | 5,016 | 4,273 |
| New Jersey | 90% | $405K | 3,972 | 3,435 |
| Illinois | 88% | $205K | 3,007 | 2,534 |
| Florida | 78% | $325K | 1,891 | 1,349 |
| Pennsylvania | 84% | $185K | 1,888 | 1,467 |
| Ohio | 87% | $105K | 1,563 | 1,313 |
| Maryland | 77% | $135K | 1,550 | 1,110 |
| Texas | 63% | $185K | 986 | 585 |
| California | 68% | $835K | 939 | 585 |
| Georgia | 75% | $235K | 885 | 610 |
| Michigan | 79% | $105K | 858 | 647 |
| Connecticut | 89% | $255K | 687 | 610 |
| Indiana | 84% | $135K | 663 | 546 |
| North Carolina | 85% | $185K | 569 | 460 |
| Missouri | 81% | $145K | 541 | 426 |
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 Loan Funder LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Cook County, IL | Investment property purchase | 84% | 1,282 | 998 |
| Suffolk County, NY | Investment property purchase | 96% | 912 | 852 |
| Cook County, IL | Investment cash-out refinance | 88% | 645 | 555 |
| Nassau County, NY | Investment property purchase | 90% | 572 | 500 |
| Essex County, NJ | Investment property purchase | 90% | 568 | 479 |
| Philadelphia County, PA | Investment property purchase | 83% | 575 | 436 |
| Cook County, IL | Investment refinance | 96% | 345 | 323 |
| Baltimore County, MD | Investment property purchase | 73% | 443 | 298 |
| Baltimore city, MD | Investment property purchase | 73% | 443 | 298 |
| Kings County, NY | Investment property purchase | 80% | 383 | 295 |
| Cuyahoga County, OH | Investment property purchase | 86% | 335 | 275 |
| Mercer County, NJ | Investment cash-out refinance | 99% | 257 | 250 |
The county markets where Loan Funder LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Loan Funder LLC
What is Loan Funder LLC's mortgage approval rate?
Loan Funder LLC approved 83.5% of the 28,638 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.2 points above the 82.2% national rate for the same mix of loan types.
How often do borrowers take the loan Loan Funder LLC offers?
Borrowers accepted 95% of the loans Loan Funder LLC approved, against 95% for all investment property mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Loan Funder LLC make?
The typical investment property mortgage loan Loan Funder LLC made was $245K; across all loan types its typical loan ran from $175K to $245K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Loan Funder LLC lend?
Loan Funder LLC decided applications in 46 of the states Fat Boy Data covers, most of them in New York, New Jersey and Illinois.
Can I apply to Loan Funder LLC directly?
Yes. Loan Funder LLC reports as a direct lender that takes applications from borrowers.
Does this page show Loan Funder LLC'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 Loan Funder LLC treats applications, then get a rate quote from the lender.