Lender profile · HMDA 2023–2025
KeyBank National Association mortgage approval rates & lending data
KeyBank National Association decided 29,493 mortgage applications and funded 19,643 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 | 82% | 8,956 / 10,919 | 99% | $225K | 8,873 |
| Home improvement loans | 58% | 4,203 / 7,208 | 96% | $65K | 4,025 |
| Cash-out refinance | 59% | 2,392 / 4,046 | 99% | $165K | 2,358 |
| Refinance | 62% | 3,316 / 5,307 | 95% | $105K | 3,160 |
| Investment property purchase | 79% | 905 / 1,139 | 99% | $265K | 896 |
| Investment cash-out refinance | 41% | 104 / 256 | 99% | $145K | 103 |
| Investment refinance | 41% | 75 / 184 | 96% | $265K | 72 |
| Investment home improvement | 38% | 165 / 434 | 95% | $75K | 156 |
KeyBank National Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 69% | $225K | 8,256 | 5,591 |
| Ohio | 70% | $145K | 6,972 | 4,740 |
| Washington | 65% | $565K | 3,519 | 2,237 |
| Pennsylvania | 67% | $95K | 2,162 | 1,395 |
| Oregon | 69% | $315K | 1,563 | 1,058 |
| Indiana | 66% | $155K | 1,279 | 825 |
| Colorado | 61% | $335K | 1,120 | 664 |
| Connecticut | 61% | $205K | 770 | 454 |
| Maine | 68% | $165K | 645 | 421 |
| Utah | 65% | $475K | 579 | 366 |
| Michigan | 72% | $195K | 468 | 332 |
| Florida | 76% | $405K | 405 | 305 |
| Idaho | 75% | $305K | 340 | 252 |
| Massachusetts | 65% | $175K | 234 | 147 |
| Alaska | 63% | $205K | 191 | 116 |
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.