Lender profile · HMDA 2023–2025
Bank of England mortgage approval rates & lending data
Bank of England decided 9,285 mortgage applications and funded 8,348 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 | 93% | 7,301 / 7,841 | 99% | $305K | 7,262 |
| Cash-out refinance | 75% | 395 / 530 | 97% | $255K | 384 |
| Refinance | 76% | 200 / 262 | 98% | $305K | 196 |
| Investment property purchase | 86% | 435 / 504 | 99% | $215K | 429 |
| Investment cash-out refinance | 53% | 60 / 113 | 100% | $155K | 60 |
| Investment refinance | 48% | 15 / 31 | 93% | $165K | 14 |
Bank of England lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 91% | $315K | 2,600 | 2,362 |
| Wisconsin | 91% | $245K | 904 | 819 |
| Arkansas | 93% | $225K | 782 | 719 |
| Texas | 87% | $305K | 467 | 401 |
| Kentucky | 98% | $245K | 390 | 379 |
| Alabama | 91% | $235K | 378 | 340 |
| Indiana | 93% | $215K | 351 | 323 |
| Ohio | 88% | $215K | 344 | 302 |
| Georgia | 85% | $345K | 331 | 279 |
| Colorado | 95% | $455K | 264 | 251 |
| Tennessee | 94% | $285K | 246 | 229 |
| Mississippi | 88% | $305K | 232 | 204 |
| Oregon | 92% | $435K | 164 | 151 |
| New York | 88% | $515K | 161 | 139 |
| Massachusetts | 86% | $425K | 153 | 130 |
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.