Lender profile · HMDA 2023–2025
Franklin Loan Corporation mortgage approval rates & lending data
Franklin Loan Corporation decided 4,680 mortgage applications and funded 4,503 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 | 99% | 2,498 / 2,530 | 99% | $425K | 2,462 |
| Cash-out refinance | 98% | 1,242 / 1,270 | 97% | $315K | 1,208 |
| Refinance | 99% | 262 / 265 | 95% | $545K | 249 |
| Investment property purchase | 98% | 385 / 394 | 99% | $365K | 380 |
| Investment cash-out refinance | 98% | 181 / 185 | 95% | $385K | 172 |
| Investment refinance | 94% | 34 / 36 | 94% | $355K | 32 |
Franklin Loan Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 98% | $425K | 3,734 | 3,602 |
| Arizona | 98% | $315K | 168 | 161 |
| Nevada | 99% | $365K | 136 | 129 |
| Georgia | 100% | $345K | 119 | 115 |
| Tennessee | 100% | $355K | 69 | 65 |
| Idaho | 100% | $325K | 57 | 56 |
| Colorado | 96% | $355K | 51 | 49 |
| North Carolina | 96% | $345K | 51 | 47 |
| Florida | 96% | $395K | 49 | 45 |
| Utah | 98% | $385K | 47 | 46 |
| Oregon | 100% | $345K | 44 | 42 |
| Texas | 100% | $275K | 42 | 40 |
| Pennsylvania | 100% | $275K | 35 | 34 |
| Maryland | 95% | $355K | 21 | 19 |
| South Carolina | 100% | $315K | 16 | 16 |
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.