Lender profile · HMDA 2023–2025
State Financial Network, LLC mortgage approval rates & lending data
State Financial Network, LLC decided 593 mortgage applications and funded 547 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 | 97% | 438 / 452 | 98% | $245K | 430 |
| Cash-out refinance | 87% | 52 / 60 | 94% | $245K | 49 |
| Investment property purchase | 82% | 33 / 40 | 97% | $175K | 32 |
State Financial Network, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 95% | $225K | 512 | 474 |
| Delaware | 97% | $325K | 35 | 33 |
| New Jersey | 91% | $345K | 32 | 27 |
| Florida | 80% | $355K | 5 | 4 |
| Maryland | 100% | $345K | 2 | 2 |
| Mississippi | 100% | $175K | 2 | 2 |
| Arizona | 100% | $715K | 1 | 1 |
| Maine | 100% | $255K | 1 | 1 |
| New York | 100% | $95K | 1 | 1 |
| North Carolina | 100% | $185K | 1 | 1 |
| South Carolina | 100% | $375K | 1 | 1 |
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.