Optionwide Financial Corporation mortgage approval rate & lending review
Optionwide Financial Corporation decided 593 mortgage applications and funded 322 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Optionwide Financial Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Optionwide Financial Corporation at a glance
Approval is 6.6 points above the 81.6% 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 | 94% | 273 / 290 | 70% | $485K | 192 |
| Cash-out refinance | 83% | 86 / 104 | 58% | $405K | 50 |
| Refinance | 79% | 44 / 56 | 39% | $335K | 17 |
| Investment property purchase | 90% | 66 / 73 | 62% | $375K | 41 |
| Investment cash-out refinance | 76% | 35 / 46 | 43% | $525K | 15 |
Optionwide Financial Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 88% | $955K | 324 | 177 |
| Florida | 80% | $425K | 69 | 27 |
| Texas | 91% | $345K | 65 | 38 |
| Georgia | 94% | $305K | 32 | 22 |
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.
Questions about Optionwide Financial Corporation
What is Optionwide Financial Corporation's mortgage approval rate?
Optionwide Financial Corporation approved 88.2% of the 593 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.6 points above the 81.6% national rate for the same mix of loan types.
How often do borrowers take the loan Optionwide Financial Corporation offers?
Borrowers accepted 62% of the loans Optionwide Financial Corporation 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 Optionwide Financial Corporation make?
The typical home purchase mortgage loan Optionwide Financial Corporation made was $485K; across all loan types its typical loan ran from $335K to $525K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Optionwide Financial Corporation lend?
Optionwide Financial Corporation decided applications in 23 of the states Fat Boy Data covers, most of them in California, Florida and Texas.
Can I apply to Optionwide Financial Corporation directly?
Yes. Optionwide Financial Corporation reports as a direct lender that takes applications from borrowers.
Does this page show Optionwide Financial 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 Optionwide Financial Corporation treats applications, then get a rate quote from the lender.