Rapid Mortgage Company mortgage approval rate & lending review
Rapid Mortgage Company decided 2,270 mortgage applications and funded 2,227 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Rapid Mortgage Company reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Rapid Mortgage Company at a glance
Approval is 12.3 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 | 99% | 2,034 / 2,054 | 99% | $245K | 2,022 |
| Cash-out refinance | 97% | 68 / 70 | 99% | $215K | 67 |
| Refinance | 100% | 74 / 74 | 99% | $265K | 73 |
| Investment property purchase | 95% | 57 / 60 | 96% | $125K | 55 |
Rapid Mortgage Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Ohio | 99% | $245K | 1,599 | 1,572 |
| North Carolina | 98% | $285K | 296 | 288 |
| Indiana | 100% | $255K | 111 | 111 |
| South Carolina | 98% | $275K | 96 | 94 |
| Pennsylvania | 99% | $365K | 73 | 71 |
| Kentucky | 100% | $245K | 39 | 39 |
| Florida | 96% | $235K | 27 | 26 |
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 Rapid Mortgage Company lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Franklin County, OH | Mortgage lenders | 99% | 418 | 412 |
| Hamilton County, OH | Mortgage lenders | 100% | 220 | 217 |
| Clermont County, OH | Mortgage lenders | 100% | 199 | 199 |
| Butler County, OH | Mortgage lenders | 99% | 116 | 113 |
| Fairfield County, OH | Mortgage lenders | 100% | 97 | 97 |
| Mahoning County, OH | Mortgage lenders | 99% | 72 | 70 |
| Montgomery County, OH | Mortgage lenders | 100% | 65 | 65 |
| Warren County, OH | Mortgage lenders | 100% | 51 | 51 |
| Licking County, OH | Mortgage lenders | 98% | 46 | 45 |
| Delaware County, OH | Mortgage lenders | 97% | 36 | 35 |
| Trumbull County, OH | Mortgage lenders | 100% | 29 | 29 |
The county markets where Rapid Mortgage Company made the most loans. Each link opens that market with every lender ranked.
Questions about Rapid Mortgage Company
What is Rapid Mortgage Company's mortgage approval rate?
Rapid Mortgage Company approved 98.9% of the 2,270 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.3 points above the 86.6% national rate for the same mix of loan types.
How often do borrowers take the loan Rapid Mortgage Company offers?
Borrowers accepted 99% of the loans Rapid Mortgage Company 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 Rapid Mortgage Company make?
The typical home purchase mortgage loan Rapid Mortgage Company made was $245K; across all loan types its typical loan ran from $125K to $265K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Rapid Mortgage Company lend?
Rapid Mortgage Company decided applications in 14 of the states Fat Boy Data covers, most of them in Ohio, North Carolina and Indiana.
Can I apply to Rapid Mortgage Company directly?
Yes. Rapid Mortgage Company reports as a direct lender that takes applications from borrowers.
Does this page show Rapid Mortgage Company'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 Rapid Mortgage Company treats applications, then get a rate quote from the lender.