Lender profile · HMDA 2023–2025
Servion, Inc. mortgage approval rates & lending data
Servion, Inc. decided 2,578 mortgage applications and funded 2,407 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% | 1,951 / 2,013 | 100% | $245K | 1,942 |
| Cash-out refinance | 79% | 242 / 306 | 99% | $175K | 239 |
| Refinance | 86% | 150 / 174 | 98% | $235K | 147 |
| Investment property purchase | 96% | 64 / 67 | 100% | $165K | 64 |
Servion, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 97% | $285K | 850 | 820 |
| Wisconsin | 93% | $235K | 407 | 372 |
| Illinois | 92% | $225K | 183 | 167 |
| Montana | 97% | $285K | 131 | 126 |
| Indiana | 86% | $165K | 95 | 82 |
| Iowa | 94% | $205K | 82 | 76 |
| Ohio | 95% | $185K | 80 | 75 |
| Nebraska | 99% | $235K | 69 | 68 |
| Texas | 74% | $225K | 62 | 45 |
| Maine | 100% | $255K | 61 | 61 |
| Colorado | 98% | $475K | 55 | 54 |
| Florida | 96% | $355K | 52 | 50 |
| Arkansas | 87% | $295K | 45 | 38 |
| Oklahoma | 91% | $255K | 45 | 41 |
| New Mexico | 100% | $275K | 37 | 37 |
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.