Summit Mortgage Corporation (549300) mortgage approval rate & lending review
Summit Mortgage Corporation (549300) decided 1,284 mortgage applications and funded 1,189 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Summit Mortgage Corporation (549300) reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to summit-mortgage.com.
Summit Mortgage Corporation (549300) at a glance
Approval is 12.5 points above the 83.4% 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 | 96% | 911 / 948 | 97% | $455K | 884 |
| Home improvement loans | 94% | 102 / 108 | 92% | $345K | 94 |
| Refinance | 96% | 129 / 134 | 98% | $475K | 127 |
| Investment property purchase | 100% | 51 / 51 | 96% | $345K | 49 |
| Investment home improvement | 100% | 25 / 25 | 88% | $345K | 22 |
Summit Mortgage Corporation (549300) lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Oregon | 96% | $445K | 707 | 656 |
| Washington | 96% | $455K | 547 | 508 |
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 Summit Mortgage Corporation (549300) lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Clark County, WA | Mortgage lenders | 97% | 340 | 315 |
| Multnomah County, OR | Mortgage lenders | 95% | 198 | 188 |
| Washington County, OR | Mortgage lenders | 96% | 173 | 160 |
| Clackamas County, OR | Mortgage lenders | 98% | 82 | 76 |
| Cowlitz County, WA | Mortgage lenders | 100% | 38 | 38 |
| Clark County, WA | Refinance | 95% | 37 | 34 |
| Clark County, WA | Home improvement loans | 92% | 37 | 31 |
| Washington County, OR | Refinance | 100% | 27 | 27 |
| Clackamas County, OR | Refinance | 96% | 25 | 24 |
| Multnomah County, OR | Refinance | 100% | 22 | 21 |
The county markets where Summit Mortgage Corporation (549300) made the most loans. Each link opens that market with every lender ranked.
Questions about Summit Mortgage Corporation (549300)
What is Summit Mortgage Corporation (549300)'s mortgage approval rate?
Summit Mortgage Corporation (549300) approved 95.9% of the 1,284 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.5 points above the 83.4% national rate for the same mix of loan types.
How often do borrowers take the loan Summit Mortgage Corporation (549300) offers?
Borrowers accepted 97% of the loans Summit Mortgage Corporation (549300) 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 Summit Mortgage Corporation (549300) make?
The typical home purchase mortgage loan Summit Mortgage Corporation (549300) made was $455K; across all loan types its typical loan ran from $345K to $475K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Summit Mortgage Corporation (549300) lend?
Summit Mortgage Corporation (549300) decided applications in 8 of the states Fat Boy Data covers, most of them in Oregon, Washington and California.
Can I apply to Summit Mortgage Corporation (549300) directly?
Yes. Summit Mortgage Corporation (549300) reports as a direct lender that takes applications from borrowers. Its website is summit-mortgage.com.
Does this page show Summit Mortgage Corporation (549300)'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 Summit Mortgage Corporation (549300) treats applications, then get a rate quote from the lender.