Lender profile · HMDA 2023–2025
State Employees' mortgage approval rates & lending data
State Employees' decided 68,454 mortgage applications and funded 50,736 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% | 19,464 / 22,509 | 98% | $285K | 19,064 |
| Home improvement loans | 68% | 15,205 / 22,202 | 99% | $55K | 15,047 |
| Cash-out refinance | 62% | 2,482 / 3,971 | 99% | $205K | 2,450 |
| Refinance | 72% | 9,706 / 13,536 | 99% | $105K | 9,600 |
| Investment property purchase | 87% | 2,796 / 3,216 | 98% | $245K | 2,742 |
| Investment cash-out refinance | 59% | 224 / 378 | 99% | $205K | 221 |
| Investment refinance | 68% | 636 / 941 | 98% | $125K | 623 |
| Investment home improvement | 59% | 1,010 / 1,701 | 98% | $65K | 989 |
State Employees' lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 75% | $105K | 66,291 | 49,143 |
| South Carolina | 77% | $245K | 1,572 | 1,182 |
| Georgia | 71% | $325K | 279 | 191 |
| Virginia | 78% | $265K | 174 | 135 |
| Tennessee | 79% | $345K | 109 | 85 |
| Florida | 0% | — | 8 | 0 |
| Maryland | 0% | — | 4 | 0 |
| Alabama | 0% | — | 2 | 0 |
| Colorado | 0% | — | 2 | 0 |
| Pennsylvania | 0% | — | 2 | 0 |
| Arizona | 0% | — | 1 | 0 |
| California | 0% | — | 1 | 0 |
| Delaware | 0% | — | 1 | 0 |
| Illinois | 0% | — | 1 | 0 |
| Indiana | 0% | — | 1 | 0 |
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.