Lender profile · HMDA 2023–2025
Gershman Investment Corp. mortgage approval rates & lending data
Gershman Investment Corp. decided 7,625 mortgage applications and funded 7,127 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 | 95% | 6,286 / 6,649 | 100% | $235K | 6,258 |
| Cash-out refinance | 83% | 193 / 233 | 100% | $195K | 193 |
| Refinance | 93% | 299 / 321 | 99% | $285K | 296 |
| Investment property purchase | 92% | 336 / 365 | 99% | $205K | 333 |
| Investment cash-out refinance | 91% | 31 / 34 | 97% | $155K | 30 |
Gershman Investment Corp. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Missouri | 94% | $205K | 2,658 | 2,487 |
| Nebraska | 98% | $225K | 1,326 | 1,294 |
| Florida | 95% | $355K | 1,292 | 1,215 |
| Iowa | 95% | $255K | 910 | 861 |
| Arkansas | 91% | $345K | 727 | 659 |
| Tennessee | 91% | $305K | 299 | 272 |
| Illinois | 76% | $165K | 239 | 181 |
| Colorado | 99% | $335K | 67 | 66 |
| Texas | 70% | $325K | 20 | 14 |
| Kentucky | 100% | $345K | 15 | 15 |
| Kansas | 71% | $405K | 14 | 10 |
| Georgia | 85% | $285K | 13 | 11 |
| North Carolina | 92% | $265K | 13 | 12 |
| South Carolina | 92% | $255K | 12 | 11 |
| Oklahoma | 100% | $375K | 5 | 5 |
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.