Lender profile · HMDA 2023–2025
First Option Mortgage, LLC mortgage approval rates & lending data
First Option Mortgage, LLC decided 6,232 mortgage applications and funded 5,295 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 | 96% | 4,520 / 4,700 | 90% | $295K | 4,049 |
| Cash-out refinance | 94% | 243 / 258 | 80% | $235K | 195 |
| Refinance | 98% | 160 / 163 | 81% | $295K | 129 |
| Investment property purchase | 97% | 936 / 961 | 86% | $275K | 805 |
| Investment cash-out refinance | 98% | 124 / 127 | 82% | $185K | 102 |
First Option Mortgage, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Georgia | 96% | $315K | 3,593 | 3,058 |
| Texas | 97% | $245K | 811 | 682 |
| Indiana | 99% | $205K | 495 | 444 |
| Florida | 91% | $305K | 451 | 361 |
| Nevada | 100% | $365K | 224 | 198 |
| Louisiana | 99% | $245K | 183 | 161 |
| Maryland | 95% | $365K | 140 | 119 |
| South Carolina | 100% | $255K | 53 | 46 |
| Virginia | 89% | $355K | 46 | 32 |
| Alabama | 97% | $445K | 39 | 33 |
| Arizona | 91% | $385K | 34 | 27 |
| Tennessee | 97% | $385K | 32 | 27 |
| Missouri | 100% | $195K | 27 | 24 |
| North Carolina | 96% | $285K | 24 | 17 |
| Pennsylvania | 95% | $165K | 21 | 17 |
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.