Lender profile · HMDA 2023–2025
Fourleaf mortgage approval rates & lending data
Fourleaf decided 33,753 mortgage applications and funded 17,532 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 | 82% | 2,401 / 2,936 | 98% | $495K | 2,356 |
| Home improvement loans | 47% | 9,779 / 20,922 | 98% | $105K | 9,568 |
| Cash-out refinance | 55% | 1,427 / 2,576 | 98% | $255K | 1,396 |
| Refinance | 56% | 3,756 / 6,697 | 98% | $205K | 3,675 |
| Investment property purchase | 91% | 449 / 494 | 99% | $415K | 446 |
| Investment cash-out refinance | 77% | 60 / 78 | 100% | $255K | 60 |
| Investment refinance | 79% | 26 / 33 | 100% | $715K | 26 |
Fourleaf lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 52% | $145K | 19,837 | 10,038 |
| California | 53% | $205K | 3,116 | 1,612 |
| Florida | 51% | $105K | 1,963 | 981 |
| New Jersey | 57% | $205K | 1,354 | 756 |
| Georgia | 54% | $105K | 802 | 429 |
| North Carolina | 56% | $105K | 554 | 304 |
| Illinois | 60% | $235K | 537 | 316 |
| Arizona | 55% | $105K | 496 | 268 |
| Washington | 59% | $125K | 426 | 242 |
| Pennsylvania | 56% | $105K | 402 | 221 |
| South Carolina | 64% | $105K | 387 | 245 |
| Virginia | 56% | $145K | 385 | 207 |
| Massachusetts | 63% | $255K | 350 | 216 |
| Connecticut | 64% | $265K | 323 | 207 |
| Colorado | 59% | $125K | 283 | 163 |
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.