Lender profile · HMDA 2023–2025
Addition Financial mortgage approval rates & lending data
Addition Financial decided 2,979 mortgage applications and funded 1,560 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 | 91% | 171 / 188 | 91% | $355K | 155 |
| Cash-out refinance | 56% | 1,495 / 2,652 | 91% | $75K | 1,356 |
| Refinance | 38% | 28 / 73 | 82% | $145K | 23 |
| Investment cash-out refinance | 39% | 16 / 41 | 94% | $155K | 15 |
Addition Financial lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 58% | $75K | 2,966 | 1,553 |
| Georgia | 100% | $45K | 4 | 4 |
| California | 50% | $805K | 2 | 1 |
| North Carolina | 0% | — | 2 | 0 |
| Arizona | 100% | $55K | 1 | 1 |
| Ohio | 100% | — | 1 | 0 |
| South Carolina | 0% | — | 1 | 0 |
| Tennessee | 0% | — | 1 | 0 |
| Virginia | 100% | $775K | 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.