Lender profile · HMDA 2023–2025
Vanderbilt Mortgage and Finance, Inc. mortgage approval rates & lending data
Vanderbilt Mortgage and Finance, Inc. decided 103,195 mortgage applications and funded 30,675 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 | 32% | 31,466 / 98,536 | 91% | $255K | 28,649 |
| Cash-out refinance | 92% | 332 / 362 | 97% | $285K | 322 |
| Refinance | 95% | 87 / 92 | 100% | $415K | 87 |
| Investment property purchase | 41% | 1,691 / 4,123 | 92% | $195K | 1,551 |
| Investment cash-out refinance | 84% | 59 / 70 | 95% | $225K | 56 |
Vanderbilt Mortgage and Finance, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 20% | $95K | 18,398 | 3,105 |
| South Carolina | 35% | $245K | 16,011 | 5,074 |
| North Carolina | 30% | $305K | 14,606 | 3,946 |
| Alabama | 37% | $155K | 6,521 | 2,155 |
| Florida | 41% | $325K | 6,192 | 2,372 |
| Tennessee | 44% | $355K | 5,652 | 2,223 |
| Georgia | 69% | $345K | 5,486 | 3,683 |
| Louisiana | 19% | $95K | 4,323 | 689 |
| Indiana | 83% | $315K | 3,235 | 2,663 |
| Arkansas | 21% | $105K | 2,237 | 385 |
| New Mexico | 16% | $125K | 1,824 | 240 |
| Arizona | 25% | $145K | 1,739 | 368 |
| Kentucky | 33% | $355K | 1,559 | 483 |
| Ohio | 44% | $285K | 1,501 | 622 |
| Colorado | 14% | $95K | 1,439 | 185 |
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.