Lender profile · HMDA 2023–2025
Loanpeople, LLC mortgage approval rates & lending data
Loanpeople, LLC decided 4,385 mortgage applications and funded 4,195 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 | 97% | 3,463 / 3,572 | 100% | $355K | 3,452 |
| Cash-out refinance | 82% | 117 / 142 | 97% | $315K | 113 |
| Refinance | 94% | 165 / 175 | 99% | $365K | 164 |
| Investment property purchase | 96% | 371 / 387 | 100% | $315K | 370 |
| Investment cash-out refinance | 94% | 73 / 78 | 97% | $195K | 71 |
| Investment refinance | 81% | 25 / 31 | 100% | $405K | 25 |
Loanpeople, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 96% | $365K | 3,730 | 3,562 |
| Florida | 97% | $335K | 581 | 562 |
| New Mexico | 94% | $295K | 33 | 31 |
| Colorado | 100% | $535K | 14 | 14 |
| Tennessee | 86% | $165K | 7 | 6 |
| Arkansas | 100% | $245K | 6 | 6 |
| Alabama | 100% | $165K | 2 | 2 |
| Georgia | 100% | $305K | 2 | 2 |
| Louisiana | 100% | $135K | 2 | 2 |
| North Carolina | 100% | $205K | 2 | 2 |
| Oklahoma | 100% | $215K | 2 | 2 |
| Virginia | 100% | $415K | 2 | 2 |
| Washington | 100% | $455K | 2 | 2 |
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.