Preferred Lending Services, LLC mortgage approval rate & lending review
Preferred Lending Services, LLC decided 435 mortgage applications and funded 410 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Preferred Lending Services, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Preferred Lending Services, LLC at a glance
Approval is 8.3 points above the 86.5% 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 | 95% | 361 / 380 | 99% | $295K | 359 |
| Investment property purchase | 96% | 25 / 26 | 100% | $245K | 25 |
Preferred Lending Services, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 95% | $295K | 432 | 407 |
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 Preferred Lending Services, LLC
What is Preferred Lending Services, LLC's mortgage approval rate?
Preferred Lending Services, LLC approved 94.7% of the 435 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.3 points above the 86.5% national rate for the same mix of loan types.
How often do borrowers take the loan Preferred Lending Services, LLC offers?
Borrowers accepted 100% of the loans Preferred Lending Services, 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 Preferred Lending Services, LLC make?
The typical home purchase mortgage loan Preferred Lending Services, LLC made was $295K; across all loan types its typical loan ran from $245K to $295K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Preferred Lending Services, LLC lend?
Preferred Lending Services, LLC decided applications in 2 of the states Fat Boy Data covers, most of them in Florida and Maryland.
Can I apply to Preferred Lending Services, LLC directly?
Yes. Preferred Lending Services, LLC reports as a direct lender that takes applications from borrowers.
Does this page show Preferred Lending Services, 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 Preferred Lending Services, LLC treats applications, then get a rate quote from the lender.