Lender profile · HMDA 2023–2025
On Q Financial, LLC mortgage approval rates & lending data
On Q Financial, LLC decided 2,892 mortgage applications and funded 2,399 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 | 94% | 2,351 / 2,505 | 90% | $335K | 2,121 |
| Cash-out refinance | 73% | 113 / 155 | 87% | $235K | 98 |
| Refinance | 78% | 69 / 88 | 84% | $295K | 58 |
| Investment property purchase | 94% | 105 / 112 | 91% | $315K | 96 |
On Q Financial, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Arizona | 92% | $435K | 877 | 717 |
| South Carolina | 93% | $225K | 427 | 373 |
| Washington | 97% | $655K | 309 | 287 |
| California | 93% | $315K | 307 | 243 |
| North Carolina | 87% | $235K | 260 | 210 |
| Utah | 96% | $355K | 107 | 100 |
| Florida | 87% | $315K | 94 | 69 |
| Colorado | 98% | $515K | 87 | 77 |
| Texas | 92% | $385K | 63 | 57 |
| Missouri | 80% | $235K | 46 | 28 |
| Nevada | 90% | $425K | 42 | 28 |
| Indiana | 95% | $245K | 39 | 34 |
| Ohio | 85% | $155K | 33 | 24 |
| Oregon | 93% | $405K | 29 | 25 |
| Tennessee | 67% | $335K | 27 | 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.