Lender profile · HMDA 2023–2025
TD Bank, National Association mortgage approval rates & lending data
TD Bank, National Association decided 85,240 mortgage applications and funded 55,497 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 | 81% | 15,703 / 19,450 | 99% | $545K | 15,508 |
| Home improvement loans | 59% | 21,844 / 36,796 | 98% | $105K | 21,441 |
| Cash-out refinance | 60% | 462 / 771 | 97% | $435K | 450 |
| Refinance | 70% | 12,560 / 17,961 | 98% | $205K | 12,367 |
| Investment property purchase | 71% | 2,756 / 3,857 | 98% | $505K | 2,691 |
| Investment cash-out refinance | 55% | 84 / 152 | 100% | $595K | 84 |
| Investment refinance | 56% | 801 / 1,427 | 97% | $295K | 775 |
| Investment home improvement | 46% | 2,224 / 4,826 | 98% | $135K | 2,181 |
TD Bank, National Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New Jersey | 69% | $205K | 22,408 | 15,140 |
| New York | 63% | $305K | 17,329 | 10,717 |
| Florida | 57% | $245K | 13,664 | 7,694 |
| Massachusetts | 68% | $205K | 7,345 | 4,933 |
| Pennsylvania | 70% | $205K | 6,530 | 4,462 |
| South Carolina | 76% | $195K | 3,363 | 2,533 |
| Connecticut | 65% | $185K | 2,530 | 1,614 |
| New Hampshire | 73% | $105K | 2,512 | 1,800 |
| Maryland | 64% | $325K | 2,070 | 1,308 |
| Maine | 76% | $145K | 1,824 | 1,365 |
| Virginia | 70% | $305K | 1,790 | 1,251 |
| North Carolina | 77% | $605K | 1,734 | 1,311 |
| Delaware | 67% | $115K | 908 | 599 |
| Rhode Island | 53% | $115K | 532 | 273 |
| District of Columbia | 73% | $455K | 483 | 348 |
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.