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investment property cash-out lenders · HMDA 2023–2025

Investment property cash-out lenders in Wayne County, Michigan

Fat Boy Data analyzed investment cash-out refinance activity in Wayne County, Michigan, home to Detroit, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 4,162 applications were decided by 200 lenders between 2023 and 2025.

Wayne County at a glance

200Active lenders30 with 20+ decisions
73.2%Market approval rate3,045 of 4,162 decided
$105KTypical loanmedian lender, $10K brackets
93%Borrower take-up2,831 loans funded

How Wayne County compares

Approval rate compared
Wayne County73.2%Michigan73.3%All 616 counties73.1%
Typical loan compared
Wayne County$105KMichigan$105KAll 616 counties$205K

What the data shows

Bpl Mortgage, LLC made the most investment cash-out refinances in Wayne County, MI, 302 of them.

Velocity Commercial Capital, LLC approved the highest share of applications among lenders with at least 20 decisions here, 99% of 242.

Approval rate of all 30 lenders with 20+ decisions here
0%25%50%75%100%One lender: 12% approved of 76One lender: 39% approved of 23Lendingone, LLC: 44% approved of 144One lender: 45% approved of 22One lender: 49% approved of 37One lender: 50% approved of 52One lender: 50% approved of 26One lender: 53% approved of 57One lender: 57% approved of 21One lender: 64% approved of 22One lender: 65% approved of 26One lender: 67% approved of 82One lender: 70% approved of 43One lender: 71% approved of 24United Wholesale Mortgage, LLC: 72% approved of 1,245One lender: 72% approved of 125One lender: 80% approved of 49One lender: 80% approved of 20One lender: 81% approved of 21Loan Funder LLC: 82% approved of 211One lender: 87% approved of 133Bpl Mortgage, LLC: 89% approved of 379One lender: 90% approved of 42One lender: 91% approved of 55One lender: 91% approved of 35One lender: 95% approved of 21One lender: 98% approved of 59Velocity Commercial Capital, LLC: 99% approved of 242One lender: 100% approved of 80One lender: 100% approved of 28

Each dot is one lender, placed at its approval rate. Hover for the sample size; the 5 largest lenders are named, the rest are behind the unlock.

Investment property cash-out lenders in Wayne County

LenderApprovalApprovedTaken upTypical loanLoans made
1United Wholesale Mortgage, LLCBroker only72%891 / 1,24599%$95K881
2Bpl Mortgage, LLC89%338 / 37989%$85K302
3Velocity Commercial Capital, LLC99%240 / 24299%$105K237
4Loan Funder LLC82%173 / 21199%$135K172
5Lendingone, LLC44%64 / 144100%$125K64

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.

Fat Boy found 195 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest investment cash-out refinance lenders in Wayne County. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

  • Every lender in the market
  • Approval rate and borrower take-up
  • Typical loan size and range
  • Nearest office and distance
  • Branch count and application options
  • How easy each lender is to reach

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