Point Mortgage Corporation mortgage approval rate & lending review
Point Mortgage Corporation decided 4,303 mortgage applications and funded 3,778 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Point Mortgage Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to point.com.
Point Mortgage Corporation at a glance
Approval is 10.9 points above the 86.0% 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 | 97% | 3,537 / 3,642 | 92% | $325K | 3,244 |
| Cash-out refinance | 95% | 183 / 192 | 81% | $365K | 149 |
| Refinance | 96% | 150 / 156 | 83% | $345K | 124 |
| Investment property purchase | 96% | 195 / 203 | 91% | $225K | 178 |
| Investment cash-out refinance | 95% | 70 / 74 | 76% | $315K | 53 |
| Investment refinance | 97% | 35 / 36 | 86% | $995K | 30 |
Point Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 95% | $395K | 1,429 | 1,205 |
| California | 99% | $635K | 1,302 | 1,151 |
| Illinois | 97% | $275K | 1,185 | 1,074 |
| Indiana | 97% | $225K | 162 | 145 |
| Wisconsin | 98% | $265K | 124 | 115 |
| Arizona | 96% | $365K | 28 | 25 |
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 Point Mortgage Corporation lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| San Diego County, CA | Mortgage lenders | 99% | 578 | 516 |
| Miami-Dade County, FL | Mortgage lenders | 96% | 411 | 340 |
| Broward County, FL | Mortgage lenders | 90% | 233 | 190 |
| Kern County, CA | Mortgage lenders | 100% | 193 | 180 |
| McLean County, IL | Mortgage lenders | 100% | 153 | 150 |
| DuPage County, IL | Mortgage lenders | 94% | 124 | 111 |
| Will County, IL | Mortgage lenders | 97% | 125 | 111 |
| Champaign County, IL | Mortgage lenders | 100% | 91 | 87 |
| Bay County, FL | Mortgage lenders | 99% | 67 | 63 |
| Kane County, IL | Mortgage lenders | 98% | 63 | 59 |
| San Diego County, CA | Investment property purchase | 98% | 54 | 49 |
| Kendall County, IL | Mortgage lenders | 98% | 53 | 47 |
The county markets where Point Mortgage Corporation made the most loans. Each link opens that market with every lender ranked.
Questions about Point Mortgage Corporation
What is Point Mortgage Corporation's mortgage approval rate?
Point Mortgage Corporation approved 96.9% of the 4,303 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.9 points above the 86.0% national rate for the same mix of loan types.
How often do borrowers take the loan Point Mortgage Corporation offers?
Borrowers accepted 91% of the loans Point Mortgage 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 Point Mortgage Corporation make?
The typical home purchase mortgage loan Point Mortgage Corporation made was $325K; across all loan types its typical loan ran from $225K to $995K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Point Mortgage Corporation lend?
Point Mortgage Corporation decided applications in 25 of the states Fat Boy Data covers, most of them in Florida, California and Illinois.
Can I apply to Point Mortgage Corporation directly?
Yes. Point Mortgage Corporation reports as a direct lender that takes applications from borrowers. Its website is point.com.
Does this page show Point 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 Point Mortgage Corporation treats applications, then get a rate quote from the lender.