Lender profile · HMDA 2023–2025
Redwood Residential Acquisition Corporation mortgage approval rates & lending data
Redwood Residential Acquisition Corporation decided 476 mortgage applications and funded 409 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 | 86% | 238 / 276 | 97% | $1.11M | 232 |
| Cash-out refinance | 87% | 58 / 67 | 98% | $345K | 57 |
| Refinance | 82% | 33 / 40 | 97% | $1.06M | 32 |
| Investment property purchase | 93% | 55 / 59 | 100% | $485K | 55 |
Redwood Residential Acquisition Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 80% | $1.11M | 86 | 69 |
| Texas | 84% | $995K | 55 | 44 |
| Florida | 83% | $435K | 42 | 35 |
| Washington | 92% | $935K | 39 | 33 |
| Arizona | 96% | $1.66M | 28 | 27 |
| Massachusetts | 93% | $1.29M | 27 | 25 |
| Minnesota | 100% | $1.10M | 19 | 19 |
| Georgia | 88% | $1.26M | 17 | 15 |
| North Carolina | 75% | $1.01M | 16 | 12 |
| Colorado | 93% | $995K | 15 | 14 |
| New Jersey | 93% | $805K | 14 | 13 |
| South Carolina | 100% | $875K | 14 | 13 |
| Illinois | 100% | $185K | 13 | 12 |
| Tennessee | 100% | $1.52M | 13 | 12 |
| Oregon | 80% | $1.25M | 10 | 8 |
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.