Lender profile · HMDA 2023–2025
Vellum Mortgage, Inc. mortgage approval rates & lending data
Vellum Mortgage, Inc. decided 4,172 mortgage applications and funded 3,983 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% | 3,345 / 3,444 | 99% | $475K | 3,323 |
| Cash-out refinance | 78% | 71 / 91 | 99% | $265K | 70 |
| Refinance | 96% | 304 / 318 | 98% | $635K | 299 |
| Investment property purchase | 94% | 222 / 236 | 98% | $305K | 217 |
| Investment cash-out refinance | 90% | 28 / 31 | 100% | $255K | 28 |
| Investment refinance | 89% | 25 / 28 | 100% | $305K | 25 |
Vellum Mortgage, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 96% | $405K | 1,438 | 1,370 |
| California | 97% | $635K | 1,069 | 1,024 |
| Virginia | 96% | $485K | 852 | 819 |
| District of Columbia | 96% | $575K | 399 | 382 |
| Texas | 95% | $335K | 187 | 177 |
| Florida | 89% | $405K | 72 | 63 |
| West Virginia | 95% | $295K | 22 | 21 |
| Tennessee | 100% | $485K | 21 | 21 |
| Arizona | 94% | $435K | 16 | 15 |
| Oregon | 93% | $465K | 14 | 13 |
| South Carolina | 93% | $505K | 14 | 13 |
| North Carolina | 100% | $455K | 13 | 13 |
| Pennsylvania | 100% | $195K | 13 | 12 |
| Georgia | 83% | $245K | 12 | 10 |
| Delaware | 100% | $355K | 9 | 9 |
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.