Lender profile · HMDA 2023–2025
Freedom Mortgage Corporation mortgage approval rates & lending data
Freedom Mortgage Corporation decided 158,796 mortgage applications and funded 116,543 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 | 88% | 32,351 / 36,898 | 98% | $365K | 31,813 |
| Cash-out refinance | 69% | 39,175 / 56,943 | 96% | $265K | 37,560 |
| Refinance | 94% | 60,077 / 63,614 | 77% | $335K | 46,288 |
| Investment property purchase | 80% | 495 / 621 | 98% | $275K | 484 |
| Investment cash-out refinance | 52% | 199 / 382 | 94% | $175K | 187 |
| Investment refinance | 83% | 279 / 338 | 76% | $265K | 211 |
Freedom Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 81% | $335K | 18,570 | 13,529 |
| Texas | 88% | $335K | 13,783 | 10,470 |
| California | 81% | $525K | 10,696 | 7,721 |
| North Carolina | 88% | $295K | 9,220 | 7,105 |
| Georgia | 83% | $355K | 8,326 | 5,959 |
| Virginia | 89% | $395K | 6,373 | 4,933 |
| Arizona | 85% | $395K | 5,668 | 4,179 |
| Ohio | 82% | $245K | 5,533 | 3,957 |
| South Carolina | 86% | $305K | 5,292 | 3,869 |
| Maryland | 84% | $435K | 5,266 | 3,862 |
| Pennsylvania | 77% | $215K | 4,972 | 3,429 |
| Indiana | 84% | $245K | 4,825 | 3,612 |
| New Jersey | 79% | $345K | 4,405 | 3,099 |
| Illinois | 78% | $305K | 4,105 | 2,799 |
| Tennessee | 86% | $315K | 4,077 | 3,026 |
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.