Lender profile · HMDA 2023–2025
Loan Funder LLC mortgage approval rates & lending data
Loan Funder LLC decided 28,638 mortgage applications and funded 22,741 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 |
|---|---|---|---|---|---|
| Investment property purchase | 83% | 14,057 / 16,998 | 94% | $245K | 13,199 |
| Investment cash-out refinance | 85% | 6,976 / 8,255 | 97% | $195K | 6,778 |
| Investment refinance | 85% | 2,866 / 3,385 | 96% | $175K | 2,764 |
Loan Funder LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 89% | $465K | 5,016 | 4,273 |
| New Jersey | 90% | $405K | 3,972 | 3,435 |
| Illinois | 88% | $205K | 3,007 | 2,534 |
| Florida | 78% | $325K | 1,891 | 1,349 |
| Pennsylvania | 84% | $185K | 1,888 | 1,467 |
| Ohio | 87% | $105K | 1,563 | 1,313 |
| Maryland | 77% | $135K | 1,550 | 1,110 |
| Texas | 63% | $185K | 986 | 585 |
| California | 68% | $835K | 939 | 585 |
| Georgia | 75% | $235K | 885 | 610 |
| Michigan | 79% | $105K | 858 | 647 |
| Connecticut | 89% | $255K | 687 | 610 |
| Indiana | 84% | $135K | 663 | 546 |
| North Carolina | 85% | $185K | 569 | 460 |
| Missouri | 81% | $145K | 541 | 426 |
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.