Loan Simple, Inc. mortgage approval rate & lending review
Loan Simple, Inc. decided 3,628 mortgage applications and funded 3,336 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Loan Simple, Inc. reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to loansimple.com.
Loan Simple, Inc. at a glance
Approval is 5.3 points above the 86.7% 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 | 92% | 3,039 / 3,304 | 100% | $355K | 3,038 |
| Refinance | 92% | 259 / 281 | 100% | $315K | 259 |
| Investment property purchase | 92% | 33 / 36 | 100% | $255K | 33 |
Loan Simple, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Colorado | 95% | $405K | 1,621 | 1,537 |
| Texas | 90% | $285K | 468 | 420 |
| Florida | 88% | $285K | 323 | 283 |
| Georgia | 83% | $265K | 191 | 159 |
| Arizona | 93% | $335K | 179 | 167 |
| North Carolina | 90% | $275K | 133 | 120 |
| Washington | 91% | $395K | 104 | 95 |
| Indiana | 90% | $215K | 92 | 83 |
| Oregon | 91% | $365K | 82 | 75 |
| Virginia | 86% | $315K | 76 | 65 |
| New Mexico | 90% | $295K | 62 | 56 |
| South Carolina | 91% | $235K | 56 | 51 |
| Alabama | 94% | $215K | 53 | 50 |
| California | 98% | $395K | 48 | 47 |
| Minnesota | 91% | $275K | 32 | 29 |
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 Simple, Inc. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Adams County, CO | Mortgage lenders | 96% | 387 | 373 |
| Arapahoe County, CO | Mortgage lenders | 95% | 350 | 332 |
| Weld County, CO | Mortgage lenders | 95% | 216 | 206 |
| Denver County, CO | Mortgage lenders | 95% | 183 | 173 |
| El Paso County, CO | Mortgage lenders | 94% | 174 | 163 |
| Pueblo County, CO | Mortgage lenders | 90% | 88 | 79 |
| Mesa County, CO | Mortgage lenders | 90% | 39 | 35 |
The county markets where Loan Simple, Inc. made the most loans. Each link opens that market with every lender ranked.
Questions about Loan Simple, Inc.
What is Loan Simple, Inc.'s mortgage approval rate?
Loan Simple, Inc. approved 92.0% of the 3,628 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.3 points above the 86.7% national rate for the same mix of loan types.
How often do borrowers take the loan Loan Simple, Inc. offers?
Borrowers accepted 100% of the loans Loan Simple, 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 Loan Simple, Inc. make?
The typical home purchase mortgage loan Loan Simple, Inc. made was $355K; across all loan types its typical loan ran from $255K to $355K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Loan Simple, Inc. lend?
Loan Simple, Inc. decided applications in 27 of the states Fat Boy Data covers, most of them in Colorado, Texas and Florida.
Can I apply to Loan Simple, Inc. directly?
Yes. Loan Simple, Inc. reports as a direct lender that takes applications from borrowers. Its website is loansimple.com.
Does this page show Loan Simple, 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 Loan Simple, Inc. treats applications, then get a rate quote from the lender.