Lender profile · HMDA 2023–2025
The Loan Store, Inc. mortgage approval rates & lending data
The Loan Store, Inc. decided 70,503 mortgage applications and funded 54,371 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 | 94% | 32,359 / 34,489 | 89% | $405K | 28,659 |
| Home improvement loans | 71% | 5,682 / 7,987 | 72% | $95K | 4,094 |
| Cash-out refinance | 89% | 1,568 / 1,757 | 89% | $325K | 1,389 |
| Refinance | 91% | 4,157 / 4,582 | 80% | $365K | 3,343 |
| Investment property purchase | 94% | 11,991 / 12,715 | 88% | $295K | 10,545 |
| Investment cash-out refinance | 89% | 3,207 / 3,592 | 87% | $305K | 2,784 |
| Investment refinance | 90% | 3,897 / 4,336 | 79% | $345K | 3,080 |
| Investment home improvement | 64% | 667 / 1,045 | 72% | $95K | 477 |
The Loan Store, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 89% | $535K | 16,384 | 12,229 |
| Florida | 85% | $345K | 8,724 | 6,097 |
| Texas | 89% | $325K | 6,756 | 5,102 |
| Arizona | 91% | $415K | 4,759 | 3,786 |
| Illinois | 94% | $325K | 3,395 | 2,870 |
| Utah | 94% | $445K | 3,048 | 2,529 |
| Colorado | 93% | $455K | 2,917 | 2,327 |
| Michigan | 90% | $255K | 2,438 | 1,915 |
| Washington | 90% | $495K | 2,011 | 1,631 |
| New Jersey | 89% | $425K | 1,918 | 1,414 |
| Georgia | 87% | $345K | 1,851 | 1,351 |
| North Carolina | 94% | $355K | 1,505 | 1,225 |
| Oregon | 94% | $475K | 1,475 | 1,262 |
| Nevada | 91% | $385K | 1,438 | 1,110 |
| Pennsylvania | 92% | $285K | 1,336 | 1,060 |
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.