Lender profile · HMDA 2023–2025
Mortgage 1 Incorporated mortgage approval rates & lending data
Mortgage 1 Incorporated decided 9,712 mortgage applications and funded 8,838 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 | 98% | 7,933 / 8,110 | 95% | $215K | 7,520 |
| Cash-out refinance | 92% | 528 / 571 | 88% | $195K | 465 |
| Refinance | 96% | 524 / 548 | 86% | $265K | 448 |
| Investment property purchase | 94% | 330 / 350 | 92% | $185K | 305 |
| Investment cash-out refinance | 95% | 95 / 100 | 81% | $105K | 77 |
| Investment refinance | 96% | 26 / 27 | 88% | $105K | 23 |
Mortgage 1 Incorporated lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 97% | $215K | 8,656 | 7,897 |
| Florida | 97% | $305K | 878 | 790 |
| Ohio | 97% | $145K | 104 | 88 |
| California | 100% | $255K | 29 | 25 |
| Illinois | 88% | $485K | 16 | 12 |
| Indiana | 100% | $225K | 11 | 11 |
| Texas | 100% | $495K | 8 | 6 |
| Montana | 100% | $585K | 5 | 4 |
| Connecticut | 100% | $295K | 3 | 3 |
| Kentucky | 100% | $295K | 1 | 1 |
| Minnesota | 100% | $385K | 1 | 1 |
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.