Lender profile · HMDA 2023–2025
The Freedom Bank of Virginia mortgage approval rates & lending data
The Freedom Bank of Virginia decided 750 mortgage applications and funded 684 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 | 92% | 594 / 647 | 100% | $615K | 592 |
| Refinance | 96% | 26 / 27 | 96% | $585K | 25 |
| Investment property purchase | 91% | 50 / 55 | 98% | $355K | 49 |
The Freedom Bank of Virginia lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Virginia | 92% | $645K | 570 | 520 |
| Maryland | 94% | $595K | 79 | 74 |
| North Carolina | 89% | $315K | 27 | 24 |
| District of Columbia | 96% | $615K | 23 | 22 |
| Florida | 90% | $375K | 10 | 9 |
| Texas | 100% | $485K | 9 | 9 |
| Pennsylvania | 60% | $225K | 5 | 3 |
| West Virginia | 100% | $275K | 4 | 4 |
| Colorado | 100% | $525K | 3 | 3 |
| New York | 67% | $115K | 3 | 2 |
| South Carolina | 67% | $475K | 3 | 2 |
| Alabama | 50% | $395K | 2 | 1 |
| California | 100% | $565K | 2 | 2 |
| Delaware | 50% | $375K | 2 | 1 |
| Georgia | 100% | $395K | 2 | 2 |
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.