Lender profile · HMDA 2023–2025
Neighborhood Loans, Inc. mortgage approval rates & lending data
Neighborhood Loans, Inc. decided 23,693 mortgage applications and funded 15,766 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 72% | 13,405 / 18,683 | 99% | $215K | 13,241 |
| Cash-out refinance | 41% | 434 / 1,066 | 97% | $215K | 421 |
| Refinance | 34% | 342 / 1,012 | 92% | $305K | 315 |
| Investment property purchase | 72% | 1,610 / 2,240 | 98% | $125K | 1,578 |
| Investment cash-out refinance | 32% | 163 / 505 | 98% | $135K | 159 |
| Investment refinance | 28% | 51 / 184 | 98% | $125K | 50 |
Neighborhood Loans, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 66% | $205K | 11,218 | 7,301 |
| Michigan | 84% | $255K | 3,203 | 2,683 |
| Texas | 60% | $285K | 2,804 | 1,654 |
| South Carolina | 67% | $255K | 832 | 553 |
| Arizona | 60% | $415K | 808 | 479 |
| Tennessee | 72% | $115K | 686 | 489 |
| Kansas | 70% | $205K | 588 | 411 |
| Missouri | 72% | $215K | 573 | 405 |
| Florida | 44% | $15K | 504 | 216 |
| California | 46% | $615K | 421 | 185 |
| Ohio | 81% | $265K | 317 | 252 |
| Alabama | 66% | $115K | 300 | 194 |
| Indiana | 66% | $195K | 241 | 156 |
| Minnesota | 85% | $285K | 240 | 200 |
| Arkansas | 78% | $125K | 174 | 133 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.