Lender profile · HMDA 2023–2025
Princeton Mortgage Corporation mortgage approval rates & lending data
Princeton Mortgage Corporation decided 2,959 mortgage applications and funded 2,375 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 | 92% | 2,258 / 2,451 | 89% | $305K | 2,000 |
| Home improvement loans | 92% | 24 / 26 | 100% | $235K | 24 |
| Cash-out refinance | 87% | 123 / 141 | 76% | $285K | 93 |
| Refinance | 92% | 131 / 142 | 84% | $375K | 110 |
| Investment property purchase | 88% | 127 / 144 | 87% | $245K | 111 |
| Investment cash-out refinance | 85% | 34 / 40 | 82% | $155K | 28 |
Princeton Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 94% | $265K | 816 | 682 |
| South Carolina | 95% | $325K | 437 | 359 |
| New Jersey | 83% | $305K | 347 | 252 |
| Alabama | 86% | $245K | 298 | 217 |
| Georgia | 95% | $385K | 281 | 239 |
| Tennessee | 94% | $325K | 191 | 156 |
| Florida | 91% | $365K | 109 | 78 |
| North Carolina | 94% | $415K | 63 | 57 |
| Texas | 89% | $275K | 61 | 47 |
| Colorado | 91% | $395K | 47 | 39 |
| Virginia | 98% | $375K | 46 | 42 |
| Illinois | 95% | $235K | 44 | 40 |
| Ohio | 93% | $195K | 29 | 24 |
| California | 92% | $325K | 26 | 21 |
| Delaware | 100% | $315K | 26 | 23 |
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.