Lender profile · HMDA 2023–2025
Universal Lending Corporation mortgage approval rates & lending data
Universal Lending Corporation decided 2,019 mortgage applications and funded 1,815 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 | 93% | 1,747 / 1,874 | 97% | $415K | 1,693 |
| Cash-out refinance | 89% | 54 / 61 | 96% | $275K | 52 |
| Investment property purchase | 90% | 47 / 52 | 96% | $355K | 45 |
Universal Lending Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Colorado | 90% | $405K | 994 | 846 |
| California | 96% | $585K | 413 | 395 |
| Arizona | 95% | $395K | 261 | 247 |
| Oregon | 91% | $515K | 127 | 116 |
| Montana | 99% | $305K | 123 | 120 |
| Texas | 92% | $355K | 65 | 59 |
| Florida | 100% | $275K | 14 | 11 |
| Washington | 100% | $1.02M | 13 | 13 |
| Iowa | 75% | $165K | 4 | 3 |
| Wyoming | 100% | $155K | 2 | 2 |
| Kansas | 100% | $55K | 1 | 1 |
| Minnesota | 100% | $355K | 1 | 1 |
| New Mexico | 100% | $115K | 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.