New Day Financial, LLC mortgage approval rate & lending review
New Day Financial, LLC decided 36,410 mortgage applications and funded 13,739 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions New Day Financial, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
New Day Financial, LLC at a glance
Approval is 26.4 points below the 69.4% 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 | 90% | 1,032 / 1,148 | 78% | $285K | 809 |
| Cash-out refinance | 38% | 12,439 / 32,810 | 88% | $265K | 10,887 |
| Refinance | 89% | 2,183 / 2,445 | 94% | $265K | 2,043 |
New Day Financial, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 40% | $295K | 5,425 | 1,903 |
| North Carolina | 48% | $255K | 2,366 | 1,000 |
| California | 26% | $415K | 2,343 | 546 |
| Georgia | 45% | $275K | 2,223 | 872 |
| Ohio | 48% | $185K | 2,071 | 871 |
| Pennsylvania | 44% | $225K | 2,067 | 788 |
| South Carolina | 46% | $275K | 1,678 | 674 |
| Arizona | 42% | $325K | 1,464 | 531 |
| Alabama | 50% | $205K | 1,240 | 545 |
| Michigan | 42% | $205K | 1,185 | 454 |
| Virginia | 48% | $335K | 1,125 | 468 |
| Tennessee | 46% | $275K | 1,043 | 413 |
| Indiana | 47% | $205K | 1,022 | 431 |
| New Jersey | 42% | $285K | 924 | 347 |
| Maryland | 36% | $395K | 886 | 283 |
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 New Day Financial, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Maricopa County, AZ | Cash-out refinance | 30% | 617 | 163 |
| Cumberland County, NC | Cash-out refinance | 44% | 309 | 116 |
| Duval County, FL | Cash-out refinance | 35% | 344 | 109 |
| Hillsborough County, FL | Cash-out refinance | 39% | 305 | 100 |
| Richland County, SC | Cash-out refinance | 40% | 252 | 89 |
| Wayne County, MI | Cash-out refinance | 35% | 250 | 80 |
| Cuyahoga County, OH | Cash-out refinance | 36% | 253 | 79 |
| Montgomery County, TN | Cash-out refinance | 44% | 191 | 78 |
| Volusia County, FL | Cash-out refinance | 34% | 262 | 77 |
| Brevard County, FL | Cash-out refinance | 35% | 256 | 76 |
| Marion County, IN | Cash-out refinance | 34% | 251 | 76 |
| Riverside County, CA | Cash-out refinance | 23% | 365 | 75 |
The county markets where New Day Financial, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about New Day Financial, LLC
What is New Day Financial, LLC's mortgage approval rate?
New Day Financial, LLC approved 43.0% of the 36,410 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 26.4 points below the 69.4% national rate for the same mix of loan types.
How often do borrowers take the loan New Day Financial, LLC offers?
Borrowers accepted 88% of the loans New Day Financial, LLC approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does New Day Financial, LLC make?
The typical cash-out refinance loan New Day Financial, LLC made was $265K; across all loan types its typical loan ran from $265K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does New Day Financial, LLC lend?
New Day Financial, LLC decided applications in 44 of the states Fat Boy Data covers, most of them in Florida, North Carolina and California.
Can I apply to New Day Financial, LLC directly?
Yes. New Day Financial, LLC reports as a direct lender that takes applications from borrowers.
Does this page show New Day Financial, 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 New Day Financial, LLC treats applications, then get a rate quote from the lender.