Lender profile · HMDA 2023–2025
BNY Mellon, National Association mortgage approval rates & lending data
BNY Mellon, National Association decided 1,203 mortgage applications and funded 1,050 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 | 96% | 748 / 782 | 93% | $1M | 693 |
| Refinance | 82% | 124 / 151 | 99% | $1.07M | 123 |
| Investment property purchase | 95% | 194 / 205 | 92% | $1.08M | 178 |
| Investment refinance | 82% | 27 / 33 | 100% | $1.22M | 27 |
BNY Mellon, National Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 90% | $1.21M | 162 | 137 |
| California | 93% | $1.07M | 142 | 120 |
| New York | 91% | $1.17M | 138 | 118 |
| Massachusetts | 96% | $815K | 118 | 109 |
| Texas | 95% | $1.33M | 59 | 55 |
| Georgia | 95% | $885K | 55 | 47 |
| Illinois | 94% | $945K | 47 | 40 |
| New Jersey | 90% | $1M | 40 | 34 |
| Arizona | 92% | $1M | 38 | 33 |
| Pennsylvania | 97% | $785K | 35 | 33 |
| Colorado | 97% | $755K | 34 | 29 |
| South Carolina | 88% | $1.20M | 34 | 29 |
| Virginia | 97% | $1.25M | 33 | 29 |
| North Carolina | 97% | $665K | 31 | 28 |
| Washington | 100% | $1.44M | 29 | 24 |
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.