Vellum Mortgage, Inc. mortgage approval rate & lending review
Vellum Mortgage, Inc. decided 4,172 mortgage applications and funded 3,983 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Vellum Mortgage, Inc. reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to vellummortgage.com.
Vellum Mortgage, Inc. at a glance
Approval is 10.3 points above the 86.0% 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 | 97% | 3,345 / 3,444 | 99% | $475K | 3,323 |
| Cash-out refinance | 78% | 71 / 91 | 99% | $265K | 70 |
| Refinance | 96% | 304 / 318 | 98% | $635K | 299 |
| Investment property purchase | 94% | 222 / 236 | 98% | $305K | 217 |
| Investment cash-out refinance | 90% | 28 / 31 | 100% | $255K | 28 |
| Investment refinance | 89% | 25 / 28 | 100% | $305K | 25 |
Vellum Mortgage, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 96% | $405K | 1,438 | 1,370 |
| California | 97% | $635K | 1,069 | 1,024 |
| Virginia | 96% | $485K | 852 | 819 |
| District of Columbia | 96% | $575K | 399 | 382 |
| Texas | 95% | $335K | 187 | 177 |
| Florida | 89% | $405K | 72 | 63 |
| West Virginia | 95% | $295K | 22 | 21 |
| Tennessee | 100% | $485K | 21 | 21 |
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 Vellum Mortgage, Inc. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Contra Costa County, CA | Mortgage lenders | 98% | 341 | 331 |
| Montgomery County, MD | Mortgage lenders | 98% | 339 | 329 |
| Prince George's County, MD | Mortgage lenders | 95% | 287 | 270 |
| Alameda County, CA | Mortgage lenders | 98% | 260 | 253 |
| Fairfax County, VA | Mortgage lenders | 98% | 256 | 250 |
| Prince William County, VA | Mortgage lenders | 96% | 193 | 185 |
| Anne Arundel County, MD | Mortgage lenders | 100% | 146 | 146 |
| Frederick County, MD | Mortgage lenders | 98% | 108 | 105 |
| Loudoun County, VA | Mortgage lenders | 96% | 89 | 85 |
| Charles County, MD | Mortgage lenders | 98% | 84 | 82 |
| Contra Costa County, CA | Refinance | 97% | 79 | 76 |
| St. Mary's County, MD | Mortgage lenders | 97% | 68 | 65 |
The county markets where Vellum Mortgage, Inc. made the most loans. Each link opens that market with every lender ranked.
Questions about Vellum Mortgage, Inc.
What is Vellum Mortgage, Inc.'s mortgage approval rate?
Vellum Mortgage, Inc. approved 96.3% of the 4,172 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.3 points above the 86.0% national rate for the same mix of loan types.
How often do borrowers take the loan Vellum Mortgage, Inc. offers?
Borrowers accepted 99% of the loans Vellum Mortgage, 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 Vellum Mortgage, Inc. make?
The typical home purchase mortgage loan Vellum Mortgage, Inc. made was $475K; across all loan types its typical loan ran from $255K to $635K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Vellum Mortgage, Inc. lend?
Vellum Mortgage, Inc. decided applications in 19 of the states Fat Boy Data covers, most of them in Maryland, California and Virginia.
Can I apply to Vellum Mortgage, Inc. directly?
Yes. Vellum Mortgage, Inc. reports as a direct lender that takes applications from borrowers. Its website is vellummortgage.com.
Does this page show Vellum Mortgage, 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 Vellum Mortgage, Inc. treats applications, then get a rate quote from the lender.