Planet Home Lending, LLC mortgage approval rate & lending review
Planet Home Lending, LLC decided 28,863 mortgage applications and funded 22,937 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Planet Home Lending, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to planethomelending.com.
Planet Home Lending, LLC at a glance
Approval is 1.4 points above the 79.3% 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 | 82% | 9,272 / 11,258 | 100% | $315K | 9,236 |
| Home improvement loans | 40% | 167 / 420 | 96% | $135K | 161 |
| Cash-out refinance | 72% | 3,780 / 5,252 | 99% | $165K | 3,757 |
| Refinance | 85% | 9,330 / 10,935 | 97% | $345K | 9,025 |
| Investment property purchase | 82% | 526 / 641 | 100% | $255K | 524 |
| Investment cash-out refinance | 64% | 126 / 198 | 99% | $145K | 125 |
| Investment refinance | 78% | 107 / 138 | 96% | $285K | 103 |
Planet Home Lending, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 83% | $345K | 3,556 | 2,909 |
| Florida | 76% | $305K | 3,229 | 2,395 |
| California | 78% | $405K | 2,714 | 2,094 |
| Georgia | 82% | $345K | 1,421 | 1,126 |
| Pennsylvania | 80% | $265K | 1,371 | 1,081 |
| Louisiana | 82% | $165K | 1,252 | 1,019 |
| Colorado | 85% | $425K | 1,129 | 950 |
| Ohio | 80% | $245K | 806 | 637 |
| Illinois | 75% | $285K | 802 | 591 |
| Arizona | 82% | $365K | 794 | 645 |
| Wisconsin | 80% | $285K | 771 | 613 |
| New York | 80% | $425K | 743 | 582 |
| North Carolina | 80% | $255K | 738 | 582 |
| Nevada | 79% | $345K | 720 | 562 |
| Virginia | 87% | $455K | 689 | 584 |
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 Planet Home Lending, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Caddo Parish, LA | Mortgage lenders | 86% | 365 | 313 |
| Sedgwick County, KS | Mortgage lenders | 93% | 328 | 305 |
| San Bernardino County, CA | Mortgage lenders | 84% | 235 | 198 |
| Duval County, FL | Mortgage lenders | 89% | 216 | 191 |
| Denton County, TX | Mortgage lenders | 89% | 205 | 181 |
| Kootenai County, ID | Mortgage lenders | 95% | 163 | 155 |
| Rankin County, MS | Mortgage lenders | 84% | 179 | 151 |
| San Bernardino County, CA | Refinance | 86% | 175 | 142 |
| Maricopa County, AZ | Refinance | 86% | 156 | 131 |
| Northampton County, PA | Mortgage lenders | 87% | 142 | 123 |
| El Paso County, TX | Refinance | 89% | 143 | 123 |
| Bossier Parish, LA | Mortgage lenders | 85% | 143 | 122 |
The county markets where Planet Home Lending, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Planet Home Lending, LLC
What is Planet Home Lending, LLC's mortgage approval rate?
Planet Home Lending, LLC approved 80.8% of the 28,863 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.4 points above the 79.3% national rate for the same mix of loan types.
How often do borrowers take the loan Planet Home Lending, LLC offers?
Borrowers accepted 98% of the loans Planet Home Lending, 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 Planet Home Lending, LLC make?
The typical home purchase mortgage loan Planet Home Lending, LLC made was $315K; across all loan types its typical loan ran from $135K to $345K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Planet Home Lending, LLC lend?
Planet Home Lending, LLC decided applications in 52 of the states Fat Boy Data covers, most of them in Texas, Florida and California.
Can I apply to Planet Home Lending, LLC directly?
Yes. Planet Home Lending, LLC reports as a direct lender that takes applications from borrowers. Its website is planethomelending.com.
Does this page show Planet Home Lending, 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 Planet Home Lending, LLC treats applications, then get a rate quote from the lender.