Redwood Residential Acquisition Corporation mortgage approval rate & lending review
Redwood Residential Acquisition Corporation decided 476 mortgage applications and funded 409 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Redwood Residential Acquisition Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Redwood Residential Acquisition Corporation at a glance
Approval is 4.6 points above the 83.0% 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 | 86% | 238 / 276 | 97% | $1.11M | 232 |
| Cash-out refinance | 87% | 58 / 67 | 98% | $345K | 57 |
| Refinance | 82% | 33 / 40 | 97% | $1.06M | 32 |
| Investment property purchase | 93% | 55 / 59 | 100% | $485K | 55 |
Redwood Residential Acquisition Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 80% | $1.11M | 86 | 69 |
| Texas | 84% | $995K | 55 | 44 |
| Florida | 83% | $435K | 42 | 35 |
| Washington | 92% | $935K | 39 | 33 |
| Arizona | 96% | $1.66M | 28 | 27 |
| Massachusetts | 93% | $1.29M | 27 | 25 |
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 Redwood Residential Acquisition Corporation
What is Redwood Residential Acquisition Corporation's mortgage approval rate?
Redwood Residential Acquisition Corporation approved 87.6% of the 476 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 4.6 points above the 83.0% national rate for the same mix of loan types.
How often do borrowers take the loan Redwood Residential Acquisition Corporation offers?
Borrowers accepted 98% of the loans Redwood Residential Acquisition Corporation 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 Redwood Residential Acquisition Corporation make?
The typical home purchase mortgage loan Redwood Residential Acquisition Corporation made was $1.11M; across all loan types its typical loan ran from $345K to $1.11M. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Redwood Residential Acquisition Corporation lend?
Redwood Residential Acquisition Corporation decided applications in 38 of the states Fat Boy Data covers, most of them in California, Texas and Florida.
Can I apply to Redwood Residential Acquisition Corporation directly?
Yes. Redwood Residential Acquisition Corporation reports as a direct lender that takes applications from borrowers.
Does this page show Redwood Residential Acquisition Corporation'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 Redwood Residential Acquisition Corporation treats applications, then get a rate quote from the lender.