Lender profile · HMDA 2023–2025
Summit Mortgage Bankers Inc. mortgage approval rates & lending data
Summit Mortgage Bankers Inc. decided 1,279 mortgage applications and funded 1,250 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 | 98% | 869 / 887 | 100% | $505K | 867 |
| Refinance | 100% | 148 / 148 | 99% | $545K | 146 |
| Investment property purchase | 97% | 174 / 179 | 100% | $505K | 174 |
| Investment refinance | 100% | 37 / 37 | 95% | $405K | 35 |
Summit Mortgage Bankers Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 97% | $505K | 751 | 730 |
| California | 100% | $575K | 287 | 282 |
| New Jersey | 99% | $435K | 232 | 229 |
| Texas | 100% | $205K | 5 | 5 |
| Florida | 100% | $265K | 2 | 2 |
| Massachusetts | 100% | $705K | 1 | 1 |
| Pennsylvania | 100% | $275K | 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.