Verus Residential Loanco, LLC mortgage approval rate & lending review
Verus Residential Loanco, LLC decided 764 mortgage applications and funded 567 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Verus Residential Loanco, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to verusmc.com.
This lender is broker only. It does not take applications from borrowers directly; you would reach it through a mortgage broker.
Verus Residential Loanco, LLC at a glance
Approval is 9.1 points below the 83.5% 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 | 74% | 130 / 176 | 99% | $545K | 129 |
| Cash-out refinance | 62% | 50 / 81 | 100% | $385K | 50 |
| Refinance | 58% | 18 / 31 | 100% | $625K | 18 |
| Investment property purchase | 79% | 315 / 397 | 100% | $295K | 315 |
| Investment refinance | 68% | 39 / 57 | 97% | $295K | 38 |
Verus Residential Loanco, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 73% | $305K | 217 | 159 |
| California | 81% | $715K | 163 | 131 |
| New Jersey | 71% | $475K | 65 | 46 |
| Texas | 85% | $265K | 62 | 53 |
| Utah | 29% | $1M | 31 | 9 |
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.
Questions about Verus Residential Loanco, LLC
What is Verus Residential Loanco, LLC's mortgage approval rate?
Verus Residential Loanco, LLC approved 74.5% of the 764 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.1 points below the 83.5% national rate for the same mix of loan types.
How often do borrowers take the loan Verus Residential Loanco, LLC offers?
Borrowers accepted 100% of the loans Verus Residential Loanco, LLC approved, against 95% for all investment property mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Verus Residential Loanco, LLC make?
The typical investment property mortgage loan Verus Residential Loanco, LLC made was $295K; across all loan types its typical loan ran from $295K to $625K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Verus Residential Loanco, LLC lend?
Verus Residential Loanco, LLC decided applications in 41 of the states Fat Boy Data covers, most of them in Florida, California and New Jersey.
Can I apply to Verus Residential Loanco, LLC directly?
No. Verus Residential Loanco, LLC is a wholesale lender: it funds loans that mortgage brokers bring to it and does not take applications from borrowers directly. Its website is verusmc.com.
Does this page show Verus Residential Loanco, LLC'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 Verus Residential Loanco, LLC treats applications, then get a rate quote from the lender.