Lender profile · HMDA 2023–2025
Planet Home Lending, LLC mortgage approval rates & lending data
Planet Home Lending, LLC decided 28,863 mortgage applications and funded 22,937 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 | 82% | 9,272 / 11,258 | 100% | $315K | 9,236 |
| Home improvement loans | 40% | 167 / 420 | 96% | $135K | 161 |
| Cash-out refinance | 72% | 3,780 / 5,252 | 99% | $165K | 3,757 |
| Refinance | 85% | 9,330 / 10,935 | 97% | $345K | 9,025 |
| Investment property purchase | 82% | 526 / 641 | 100% | $255K | 524 |
| Investment cash-out refinance | 64% | 126 / 198 | 99% | $145K | 125 |
| Investment refinance | 78% | 107 / 138 | 96% | $285K | 103 |
Planet Home Lending, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 83% | $345K | 3,556 | 2,909 |
| Florida | 76% | $305K | 3,229 | 2,395 |
| California | 78% | $405K | 2,714 | 2,094 |
| Georgia | 82% | $345K | 1,421 | 1,126 |
| Pennsylvania | 80% | $265K | 1,371 | 1,081 |
| Louisiana | 82% | $165K | 1,252 | 1,019 |
| Colorado | 85% | $425K | 1,129 | 950 |
| Ohio | 80% | $245K | 806 | 637 |
| Illinois | 75% | $285K | 802 | 591 |
| Arizona | 82% | $365K | 794 | 645 |
| Wisconsin | 80% | $285K | 771 | 613 |
| New York | 80% | $425K | 743 | 582 |
| North Carolina | 80% | $255K | 738 | 582 |
| Nevada | 79% | $345K | 720 | 562 |
| Virginia | 87% | $455K | 689 | 584 |
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.