Preston Home Loans Inc mortgage approval rate & lending review
Preston Home Loans Inc decided 2,421 mortgage applications and funded 2,365 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Preston Home Loans Inc reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Preston Home Loans Inc at a glance
Approval is 11.2 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 | 97% | 2,093 / 2,147 | 100% | $165K | 2,093 |
| Home improvement loans | 100% | 28 / 28 | 100% | $185K | 28 |
| Refinance | 99% | 149 / 151 | 100% | $195K | 149 |
| Investment property purchase | 100% | 72 / 72 | 100% | $105K | 72 |
Preston Home Loans Inc lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 98% | $165K | 2,300 | 2,246 |
| Texas | 100% | $355K | 61 | 61 |
| Florida | 95% | $305K | 39 | 37 |
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 Preston Home Loans Inc lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Genesee County, MI | Mortgage lenders | 97% | 1,135 | 1,106 |
| Oakland County, MI | Mortgage lenders | 100% | 267 | 266 |
| Saginaw County, MI | Mortgage lenders | 96% | 164 | 157 |
| Macomb County, MI | Mortgage lenders | 97% | 111 | 108 |
| Genesee County, MI | Refinance | 99% | 67 | 66 |
| Livingston County, MI | Mortgage lenders | 100% | 62 | 62 |
| Bay County, MI | Mortgage lenders | 96% | 47 | 45 |
| St. Clair County, MI | Mortgage lenders | 100% | 42 | 42 |
| Genesee County, MI | Investment property purchase | 100% | 31 | 31 |
| Ingham County, MI | Mortgage lenders | 100% | 22 | 22 |
The county markets where Preston Home Loans Inc made the most loans. Each link opens that market with every lender ranked.
Questions about Preston Home Loans Inc
What is Preston Home Loans Inc's mortgage approval rate?
Preston Home Loans Inc approved 97.7% of the 2,421 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.2 points above the 86.5% national rate for the same mix of loan types.
How often do borrowers take the loan Preston Home Loans Inc offers?
Borrowers accepted 100% of the loans Preston Home Loans Inc 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 Preston Home Loans Inc make?
The typical home purchase mortgage loan Preston Home Loans Inc made was $165K; across all loan types its typical loan ran from $105K to $195K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Preston Home Loans Inc lend?
Preston Home Loans Inc decided applications in 7 of the states Fat Boy Data covers, most of them in Michigan, Texas and Florida.
Can I apply to Preston Home Loans Inc directly?
Yes. Preston Home Loans Inc reports as a direct lender that takes applications from borrowers.
Does this page show Preston Home Loans Inc'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 Preston Home Loans Inc treats applications, then get a rate quote from the lender.