Proper Rate, LLC mortgage approval rate & lending review
Proper Rate, LLC decided 3,371 mortgage applications and funded 3,235 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Proper Rate, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to originpoint.com.
Proper Rate, LLC at a glance
Approval is 10.5 points above the 86.6% 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% | 2,874 / 2,949 | 99% | $365K | 2,849 |
| Cash-out refinance | 85% | 51 / 60 | 94% | $335K | 48 |
| Refinance | 99% | 143 / 145 | 97% | $455K | 139 |
| Investment property purchase | 95% | 174 / 183 | 98% | $245K | 171 |
Proper Rate, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 97% | $365K | 2,884 | 2,766 |
| Indiana | 97% | $265K | 143 | 138 |
| California | 99% | $765K | 79 | 78 |
| Michigan | 97% | $265K | 78 | 74 |
| Wisconsin | 97% | $285K | 76 | 74 |
| Colorado | 100% | $585K | 29 | 29 |
| Florida | 88% | $285K | 24 | 21 |
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 Proper Rate, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Cook County, IL | Mortgage lenders | 97% | 1,881 | 1,808 |
| DuPage County, IL | Mortgage lenders | 99% | 276 | 274 |
| Lake County, IL | Mortgage lenders | 97% | 200 | 191 |
| Cook County, IL | Refinance | 98% | 100 | 95 |
| Kane County, IL | Mortgage lenders | 99% | 74 | 72 |
| Cook County, IL | Investment property purchase | 97% | 69 | 65 |
| Lake County, IN | Mortgage lenders | 95% | 63 | 60 |
| McHenry County, IL | Mortgage lenders | 100% | 43 | 43 |
| Porter County, IN | Mortgage lenders | 100% | 33 | 33 |
| Berrien County, MI | Mortgage lenders | 97% | 34 | 32 |
| Berrien County, MI | Investment property purchase | 100% | 23 | 22 |
The county markets where Proper Rate, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Proper Rate, LLC
What is Proper Rate, LLC's mortgage approval rate?
Proper Rate, LLC approved 97.1% of the 3,371 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.5 points above the 86.6% national rate for the same mix of loan types.
How often do borrowers take the loan Proper Rate, LLC offers?
Borrowers accepted 99% of the loans Proper Rate, 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 Proper Rate, LLC make?
The typical home purchase mortgage loan Proper Rate, LLC made was $365K; across all loan types its typical loan ran from $245K to $455K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Proper Rate, LLC lend?
Proper Rate, LLC decided applications in 19 of the states Fat Boy Data covers, most of them in Illinois, Indiana and California.
Can I apply to Proper Rate, LLC directly?
Yes. Proper Rate, LLC reports as a direct lender that takes applications from borrowers. Its website is originpoint.com.
Does this page show Proper Rate, 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 Proper Rate, LLC treats applications, then get a rate quote from the lender.