Vanderbilt Mortgage and Finance, Inc. mortgage approval rate & lending review
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.
These are the decisions Vanderbilt Mortgage and Finance, Inc. reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to vanderbiltmortgageandfinance.com.
Vanderbilt Mortgage and Finance, Inc. at a glance
Approval is 54.9 points below the 87.5% 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 | 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 |
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 Vanderbilt Mortgage and Finance, Inc. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Polk County, FL | Mortgage lenders | 81% | 1,127 | 883 |
| Lexington County, SC | Mortgage lenders | 55% | 1,612 | 850 |
| Richland County, SC | Mortgage lenders | 61% | 1,281 | 750 |
| Marion County, IN | Mortgage lenders | 89% | 784 | 690 |
| Hamilton County, IN | Mortgage lenders | 97% | 694 | 672 |
| Harris County, TX | Mortgage lenders | 18% | 4,309 | 645 |
| Spartanburg County, SC | Mortgage lenders | 35% | 1,871 | 619 |
| Madison County, AL | Mortgage lenders | 68% | 840 | 555 |
| Horry County, SC | Mortgage lenders | 42% | 1,280 | 521 |
| Berkeley County, SC | Mortgage lenders | 39% | 1,446 | 513 |
| Wake County, NC | Mortgage lenders | 57% | 905 | 495 |
| Johnson County, IN | Mortgage lenders | 92% | 539 | 490 |
The county markets where Vanderbilt Mortgage and Finance, Inc. made the most loans. Each link opens that market with every lender ranked.
Questions about Vanderbilt Mortgage and Finance, Inc.
What is Vanderbilt Mortgage and Finance, Inc.'s mortgage approval rate?
Vanderbilt Mortgage and Finance, Inc. approved 32.6% of the 103,195 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 54.9 points below the 87.5% national rate for the same mix of loan types.
How often do borrowers take the loan Vanderbilt Mortgage and Finance, Inc. offers?
Borrowers accepted 91% of the loans Vanderbilt Mortgage and Finance, Inc. 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 Vanderbilt Mortgage and Finance, Inc. make?
The typical home purchase mortgage loan Vanderbilt Mortgage and Finance, Inc. made was $255K; across all loan types its typical loan ran from $195K to $415K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Vanderbilt Mortgage and Finance, Inc. lend?
Vanderbilt Mortgage and Finance, Inc. decided applications in 43 of the states Fat Boy Data covers, most of them in Texas, South Carolina and North Carolina.
Can I apply to Vanderbilt Mortgage and Finance, Inc. directly?
Yes. Vanderbilt Mortgage and Finance, Inc. reports as a direct lender that takes applications from borrowers. Its website is vanderbiltmortgageandfinance.com.
Does this page show Vanderbilt Mortgage and Finance, Inc.'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 Vanderbilt Mortgage and Finance, Inc. treats applications, then get a rate quote from the lender.