Onity Mortgage Corporation mortgage approval rate & lending review
Onity Mortgage Corporation decided 18,604 mortgage applications and funded 13,062 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Onity Mortgage Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to onitymortgage.com.
Onity Mortgage Corporation at a glance
Approval is 1.8 points below the 73.3% 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 | 91% | 1,266 / 1,398 | 98% | $305K | 1,246 |
| Home improvement loans | 74% | 834 / 1,131 | 99% | $225K | 824 |
| Cash-out refinance | 67% | 4,799 / 7,139 | 99% | $215K | 4,734 |
| Refinance | 73% | 5,804 / 7,999 | 98% | $325K | 5,680 |
| Investment property purchase | 87% | 191 / 219 | 99% | $205K | 190 |
| Investment cash-out refinance | 52% | 283 / 541 | 98% | $165K | 277 |
| Investment refinance | 64% | 81 / 127 | 96% | $335K | 78 |
| Investment home improvement | 68% | 34 / 50 | 97% | $245K | 33 |
Onity Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 70% | $475K | 2,592 | 1,781 |
| Texas | 66% | $215K | 1,874 | 1,204 |
| Florida | 64% | $265K | 1,865 | 1,173 |
| Arizona | 78% | $365K | 855 | 653 |
| Georgia | 70% | $215K | 707 | 487 |
| New Jersey | 71% | $275K | 695 | 488 |
| Pennsylvania | 64% | $155K | 638 | 398 |
| Illinois | 70% | $305K | 591 | 408 |
| Massachusetts | 79% | $345K | 587 | 461 |
| Colorado | 78% | $355K | 585 | 451 |
| North Carolina | 72% | $225K | 548 | 392 |
| Ohio | 70% | $145K | 463 | 321 |
| Virginia | 79% | $345K | 461 | 353 |
| Washington | 77% | $445K | 460 | 338 |
| Tennessee | 74% | $245K | 435 | 316 |
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 Onity Mortgage Corporation lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Los Angeles County, CA | Refinance | 72% | 329 | 236 |
| Maricopa County, AZ | Refinance | 78% | 218 | 165 |
| San Diego County, CA | Refinance | 76% | 169 | 126 |
| Maricopa County, AZ | Cash-out refinance | 70% | 158 | 109 |
| Orange County, CA | Refinance | 75% | 138 | 103 |
| Riverside County, CA | Refinance | 66% | 149 | 96 |
| Salt Lake County, UT | Refinance | 87% | 106 | 89 |
| Harris County, TX | Cash-out refinance | 64% | 140 | 86 |
| Dallas County, TX | Cash-out refinance | 75% | 106 | 76 |
| Miami-Dade County, FL | Refinance | 62% | 113 | 70 |
| Cook County, IL | Refinance | 62% | 109 | 66 |
| San Bernardino County, CA | Refinance | 68% | 91 | 61 |
The county markets where Onity Mortgage Corporation made the most loans. Each link opens that market with every lender ranked.
Questions about Onity Mortgage Corporation
What is Onity Mortgage Corporation's mortgage approval rate?
Onity Mortgage Corporation approved 71.4% of the 18,604 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.8 points below the 73.3% national rate for the same mix of loan types.
How often do borrowers take the loan Onity Mortgage Corporation offers?
Borrowers accepted 98% of the loans Onity Mortgage Corporation approved, against 93% for all mortgage refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Onity Mortgage Corporation make?
The typical mortgage refinance loan Onity Mortgage Corporation made was $325K; across all loan types its typical loan ran from $165K to $335K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Onity Mortgage Corporation lend?
Onity Mortgage Corporation decided applications in 51 of the states Fat Boy Data covers, most of them in California, Texas and Florida.
Can I apply to Onity Mortgage Corporation directly?
Yes. Onity Mortgage Corporation reports as a direct lender that takes applications from borrowers. Its website is onitymortgage.com.
Does this page show Onity Mortgage Corporation'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 Onity Mortgage Corporation treats applications, then get a rate quote from the lender.