Lender profile · HMDA 2023–2025
Luminate Home Loans, Inc. mortgage approval rates & lending data
Luminate Home Loans, Inc. decided 14,865 mortgage applications and funded 14,260 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% | 12,163 / 12,527 | 100% | $345K | 12,102 |
| Cash-out refinance | 90% | 724 / 804 | 99% | $275K | 715 |
| Refinance | 95% | 458 / 482 | 99% | $435K | 452 |
| Investment property purchase | 96% | 823 / 860 | 99% | $255K | 812 |
| Investment cash-out refinance | 93% | 125 / 135 | 99% | $185K | 124 |
| Investment refinance | 96% | 54 / 56 | 100% | $265K | 54 |
Luminate Home Loans, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 98% | $305K | 2,589 | 2,531 |
| Colorado | 98% | $455K | 1,425 | 1,387 |
| California | 97% | $665K | 1,280 | 1,236 |
| Florida | 91% | $315K | 958 | 859 |
| Washington | 97% | $435K | 862 | 832 |
| Texas | 96% | $365K | 812 | 777 |
| Nevada | 97% | $345K | 733 | 710 |
| South Carolina | 99% | $295K | 622 | 612 |
| Oklahoma | 98% | $235K | 618 | 596 |
| Illinois | 90% | $255K | 427 | 382 |
| Arizona | 97% | $385K | 390 | 377 |
| Oregon | 98% | $435K | 378 | 367 |
| Wisconsin | 93% | $215K | 375 | 346 |
| Maryland | 99% | $425K | 288 | 281 |
| New Hampshire | 98% | $365K | 282 | 275 |
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.