Lender profile · HMDA 2023–2025
Point Mortgage Corporation mortgage approval rates & lending data
Point Mortgage Corporation decided 4,303 mortgage applications and funded 3,778 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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 |
| Texas | 93% | $375K | 14 | 11 |
| Washington | 100% | $495K | 8 | 6 |
| Tennessee | 100% | $305K | 6 | 5 |
| Virginia | 100% | $585K | 6 | 6 |
| Michigan | 100% | $345K | 5 | 5 |
| Kansas | 100% | $185K | 4 | 4 |
| North Carolina | 100% | $305K | 4 | 4 |
| South Carolina | 100% | $255K | 4 | 4 |
| Alabama | 100% | $75K | 3 | 3 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.