Megastar Financial Corp. mortgage approval rate & lending review
Megastar Financial Corp. decided 2,815 mortgage applications and funded 2,767 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Megastar Financial Corp. reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Megastar Financial Corp. at a glance
Approval is 12.5 points above the 85.8% 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% | 2,322 / 2,365 | 100% | $375K | 2,322 |
| Cash-out refinance | 98% | 153 / 156 | 100% | $275K | 153 |
| Refinance | 99% | 150 / 151 | 100% | $485K | 150 |
| Investment property purchase | 99% | 111 / 112 | 100% | $295K | 111 |
| Investment cash-out refinance | 100% | 26 / 26 | 100% | $185K | 26 |
Megastar Financial Corp. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Colorado | 99% | $445K | 1,290 | 1,273 |
| Minnesota | 100% | $335K | 514 | 512 |
| Missouri | 98% | $235K | 381 | 373 |
| California | 100% | $275K | 225 | 224 |
| Maine | 92% | $345K | 121 | 111 |
| Washington | 100% | $625K | 73 | 73 |
| Kansas | 96% | $355K | 47 | 45 |
| Florida | 95% | $365K | 42 | 40 |
| Arizona | 96% | $455K | 24 | 23 |
| Texas | 95% | $415K | 20 | 19 |
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 Megastar Financial Corp. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Denver County, CO | Mortgage lenders | 99% | 232 | 229 |
| Jefferson County, CO | Mortgage lenders | 98% | 180 | 176 |
| Hennepin County, MN | Mortgage lenders | 100% | 172 | 172 |
| Jackson County, MO | Mortgage lenders | 98% | 153 | 150 |
| Arapahoe County, CO | Mortgage lenders | 98% | 142 | 139 |
| Larimer County, CO | Mortgage lenders | 99% | 131 | 130 |
| Weld County, CO | Mortgage lenders | 100% | 127 | 127 |
| Shasta County, CA | Mortgage lenders | 99% | 126 | 125 |
| Adams County, CO | Mortgage lenders | 98% | 127 | 124 |
| Clay County, MO | Mortgage lenders | 97% | 117 | 114 |
| Ramsey County, MN | Mortgage lenders | 99% | 97 | 96 |
| Douglas County, CO | Mortgage lenders | 100% | 91 | 91 |
The county markets where Megastar Financial Corp. made the most loans. Each link opens that market with every lender ranked.
Questions about Megastar Financial Corp.
What is Megastar Financial Corp.'s mortgage approval rate?
Megastar Financial Corp. approved 98.3% of the 2,815 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.5 points above the 85.8% national rate for the same mix of loan types.
How often do borrowers take the loan Megastar Financial Corp. offers?
Borrowers accepted 100% of the loans Megastar Financial Corp. 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 Megastar Financial Corp. make?
The typical home purchase mortgage loan Megastar Financial Corp. made was $375K; across all loan types its typical loan ran from $185K to $485K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Megastar Financial Corp. lend?
Megastar Financial Corp. decided applications in 23 of the states Fat Boy Data covers, most of them in Colorado, Minnesota and Missouri.
Can I apply to Megastar Financial Corp. directly?
Yes. Megastar Financial Corp. reports as a direct lender that takes applications from borrowers.
Does this page show Megastar Financial Corp.'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 Megastar Financial Corp. treats applications, then get a rate quote from the lender.