Lender profile · HMDA 2023–2025
Ion Bank mortgage approval rates & lending data
Ion Bank decided 719 mortgage applications and funded 586 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 | 96% | 205 / 213 | 100% | $305K | 204 |
| Home improvement loans | 70% | 196 / 279 | 99% | $65K | 195 |
| Cash-out refinance | 86% | 132 / 154 | 98% | $105K | 130 |
| Investment property purchase | 89% | 24 / 27 | 100% | $295K | 24 |
Ion Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Connecticut | 85% | $105K | 613 | 516 |
| New Jersey | 68% | $155K | 106 | 70 |
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.