Lender profile · HMDA 2023–2025
Towne Mortgage Company mortgage approval rates & lending data
Towne Mortgage Company decided 13,995 mortgage applications and funded 11,680 loans across the 616 counties Fat Boy Data covers, 2023–2025.
This lender is broker only. It does not take applications from borrowers directly; you would reach it through a mortgage broker.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 96% | 10,705 / 11,193 | 89% | $285K | 9,483 |
| Cash-out refinance | 91% | 1,252 / 1,377 | 84% | $225K | 1,048 |
| Refinance | 95% | 854 / 902 | 85% | $305K | 727 |
| Investment property purchase | 95% | 347 / 365 | 88% | $185K | 305 |
| Investment cash-out refinance | 92% | 86 / 93 | 86% | $205K | 74 |
| Investment refinance | 93% | 42 / 45 | 76% | $185K | 32 |
Towne Mortgage Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 96% | $285K | 2,713 | 2,297 |
| Florida | 93% | $335K | 1,871 | 1,528 |
| Texas | 96% | $285K | 1,736 | 1,494 |
| Michigan | 95% | $185K | 1,076 | 894 |
| Alabama | 96% | $205K | 752 | 654 |
| Colorado | 98% | $435K | 749 | 637 |
| South Carolina | 94% | $235K | 590 | 508 |
| Pennsylvania | 95% | $215K | 531 | 458 |
| Georgia | 95% | $285K | 465 | 376 |
| Louisiana | 96% | $235K | 324 | 272 |
| North Carolina | 93% | $285K | 314 | 242 |
| Maryland | 94% | $195K | 308 | 247 |
| Wisconsin | 93% | $235K | 292 | 242 |
| Arizona | 90% | $395K | 274 | 209 |
| California | 94% | $465K | 204 | 159 |
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.