Lender profile · HMDA 2023–2025
Legend Lending Corporation mortgage approval rates & lending data
Legend Lending Corporation decided 2,707 mortgage applications and funded 2,666 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 | 99% | 2,182 / 2,211 | 100% | $285K | 2,180 |
| Cash-out refinance | 98% | 120 / 123 | 99% | $235K | 119 |
| Refinance | 98% | 78 / 80 | 100% | $315K | 78 |
| Investment property purchase | 99% | 158 / 160 | 100% | $225K | 158 |
| Investment cash-out refinance | 98% | 114 / 116 | 100% | $185K | 114 |
Legend Lending Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 99% | $275K | 1,714 | 1,696 |
| Florida | 98% | $355K | 400 | 392 |
| North Carolina | 96% | $325K | 189 | 182 |
| South Carolina | 98% | $305K | 153 | 150 |
| Michigan | 97% | $135K | 71 | 69 |
| Virginia | 100% | $345K | 41 | 40 |
| Louisiana | 100% | $195K | 23 | 23 |
| Georgia | 100% | $315K | 19 | 19 |
| Maryland | 94% | $335K | 18 | 17 |
| Arizona | 100% | $325K | 14 | 14 |
| California | 100% | $115K | 14 | 14 |
| Tennessee | 100% | $265K | 11 | 11 |
| Pennsylvania | 100% | $15K | 9 | 9 |
| Oklahoma | 100% | $205K | 6 | 6 |
| New Jersey | 100% | $365K | 5 | 5 |
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.