Lender profile · HMDA 2023–2025
Developer's Mortgage Company mortgage approval rates & lending data
Developer's Mortgage Company decided 1,707 mortgage applications and funded 1,438 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 | 95% | 1,193 / 1,253 | 87% | $325K | 1,042 |
| Cash-out refinance | 84% | 43 / 51 | 95% | $225K | 41 |
| Refinance | 94% | 63 / 67 | 92% | $295K | 58 |
| Investment property purchase | 94% | 267 / 284 | 94% | $265K | 251 |
| Investment refinance | 85% | 28 / 33 | 96% | $225K | 27 |
Developer's Mortgage Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 97% | $175K | 474 | 442 |
| Ohio | 96% | $475K | 336 | 231 |
| New Jersey | 94% | $305K | 280 | 247 |
| Florida | 95% | $465K | 116 | 101 |
| Illinois | 95% | $295K | 103 | 85 |
| New York | 82% | $555K | 95 | 65 |
| Texas | 98% | $345K | 95 | 88 |
| North Carolina | 100% | $465K | 71 | 69 |
| Indiana | 91% | $265K | 35 | 29 |
| Oklahoma | 91% | $235K | 35 | 32 |
| South Carolina | 75% | $95K | 24 | 15 |
| Georgia | 79% | $485K | 14 | 9 |
| Minnesota | 92% | $255K | 13 | 11 |
| Connecticut | 88% | $395K | 8 | 7 |
| Vermont | 50% | $155K | 2 | 1 |
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.