Lender profile · HMDA 2023–2025
Preston Home Loans Inc mortgage approval rates & lending data
Preston Home Loans Inc decided 2,421 mortgage applications and funded 2,365 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% | 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 |
| Indiana | 100% | $195K | 12 | 12 |
| North Carolina | 100% | $125K | 3 | 3 |
| South Carolina | 100% | $235K | 3 | 3 |
| Tennessee | 100% | $345K | 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.