Lender profile · HMDA 2023–2025
New Day Financial, LLC mortgage approval rates & lending data
New Day Financial, LLC decided 36,410 mortgage applications and funded 13,739 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 | 90% | 1,032 / 1,148 | 78% | $285K | 809 |
| Cash-out refinance | 38% | 12,439 / 32,810 | 88% | $265K | 10,887 |
| Refinance | 89% | 2,183 / 2,445 | 94% | $265K | 2,043 |
New Day Financial, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 40% | $295K | 5,425 | 1,903 |
| North Carolina | 48% | $255K | 2,366 | 1,000 |
| California | 26% | $415K | 2,343 | 546 |
| Georgia | 45% | $275K | 2,223 | 872 |
| Ohio | 48% | $185K | 2,071 | 871 |
| Pennsylvania | 44% | $225K | 2,067 | 788 |
| South Carolina | 46% | $275K | 1,678 | 674 |
| Arizona | 42% | $325K | 1,464 | 531 |
| Alabama | 50% | $205K | 1,240 | 545 |
| Michigan | 42% | $205K | 1,185 | 454 |
| Virginia | 48% | $335K | 1,125 | 468 |
| Tennessee | 46% | $275K | 1,043 | 413 |
| Indiana | 47% | $205K | 1,022 | 431 |
| New Jersey | 42% | $285K | 924 | 347 |
| Maryland | 36% | $395K | 886 | 283 |
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.