Lender profile · HMDA 2023–2025
Change Lending, LLC mortgage approval rates & lending data
Change Lending, LLC decided 22,323 mortgage applications and funded 18,789 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 | 90% | 11,776 / 13,064 | 99% | $355K | 11,688 |
| Home improvement loans | 78% | 59 / 76 | 100% | $495K | 59 |
| Cash-out refinance | 73% | 2,870 / 3,930 | 99% | $425K | 2,829 |
| Refinance | 77% | 893 / 1,160 | 99% | $635K | 880 |
| Investment property purchase | 89% | 2,067 / 2,324 | 99% | $315K | 2,055 |
| Investment cash-out refinance | 74% | 928 / 1,254 | 98% | $335K | 913 |
| Investment refinance | 73% | 367 / 500 | 97% | $375K | 357 |
Change Lending, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 88% | $475K | 8,313 | 7,233 |
| Florida | 80% | $365K | 3,472 | 2,748 |
| Texas | 89% | $245K | 3,430 | 3,015 |
| New Jersey | 83% | $385K | 934 | 762 |
| Colorado | 92% | $555K | 561 | 512 |
| Arizona | 79% | $385K | 560 | 442 |
| Michigan | 72% | $255K | 429 | 307 |
| Oregon | 90% | $535K | 385 | 345 |
| New Mexico | 89% | $265K | 370 | 326 |
| Georgia | 78% | $355K | 367 | 282 |
| North Carolina | 84% | $295K | 330 | 273 |
| South Carolina | 79% | $295K | 270 | 213 |
| Washington | 90% | $535K | 245 | 216 |
| Illinois | 75% | $295K | 242 | 180 |
| Tennessee | 81% | $365K | 225 | 183 |
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.