Open Mortgage, LLC mortgage approval rate & lending review
Open Mortgage, LLC decided 4,234 mortgage applications and funded 3,088 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Open Mortgage, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Open Mortgage, LLC at a glance
Approval is 0.3 points below the 83.3% 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 | 83% | 2,399 / 2,904 | 92% | $255K | 2,215 |
| Cash-out refinance | 86% | 504 / 585 | 75% | $185K | 378 |
| Refinance | 90% | 420 / 467 | 78% | $225K | 328 |
| Investment property purchase | 87% | 140 / 161 | 91% | $205K | 127 |
| Investment cash-out refinance | 35% | 31 / 88 | 94% | $165K | 29 |
Open Mortgage, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 69% | $555K | 833 | 512 |
| Texas | 86% | $335K | 680 | 510 |
| Florida | 86% | $265K | 607 | 449 |
| Mississippi | 98% | $205K | 322 | 291 |
| Kansas | 97% | $195K | 315 | 287 |
| Oklahoma | 90% | $205K | 216 | 167 |
| Georgia | 72% | $255K | 134 | 77 |
| Indiana | 89% | $165K | 116 | 85 |
| Missouri | 92% | $205K | 106 | 93 |
| Iowa | 90% | $175K | 83 | 62 |
| North Carolina | 96% | $285K | 70 | 65 |
| Arkansas | 95% | $255K | 66 | 55 |
| Colorado | 85% | $195K | 66 | 48 |
| Arizona | 89% | $215K | 65 | 48 |
| Illinois | 65% | $225K | 52 | 26 |
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 Open Mortgage, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Sedgwick County, KS | Mortgage lenders | 98% | 201 | 185 |
| Rankin County, MS | Mortgage lenders | 99% | 122 | 117 |
| Tulsa County, OK | Mortgage lenders | 88% | 120 | 96 |
| Jefferson County, TX | Mortgage lenders | 99% | 102 | 96 |
| Hinds County, MS | Mortgage lenders | 96% | 109 | 93 |
| Madison County, MS | Mortgage lenders | 100% | 57 | 54 |
| Linn County, IA | Mortgage lenders | 90% | 61 | 45 |
| Citrus County, FL | Mortgage lenders | 95% | 42 | 39 |
| Madison County, IN | Mortgage lenders | 84% | 49 | 38 |
| Wyandotte County, KS | Mortgage lenders | 96% | 23 | 21 |
The county markets where Open Mortgage, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Open Mortgage, LLC
What is Open Mortgage, LLC's mortgage approval rate?
Open Mortgage, LLC approved 83.0% of the 4,234 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 0.3 points below the 83.3% national rate for the same mix of loan types.
How often do borrowers take the loan Open Mortgage, LLC offers?
Borrowers accepted 88% of the loans Open Mortgage, LLC 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 Open Mortgage, LLC make?
The typical home purchase mortgage loan Open Mortgage, LLC made was $255K; across all loan types its typical loan ran from $165K to $255K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Open Mortgage, LLC lend?
Open Mortgage, LLC decided applications in 46 of the states Fat Boy Data covers, most of them in California, Texas and Florida.
Can I apply to Open Mortgage, LLC directly?
Yes. Open Mortgage, LLC reports as a direct lender that takes applications from borrowers.
Does this page show Open Mortgage, 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 Open Mortgage, LLC treats applications, then get a rate quote from the lender.