Lender profile · HMDA 2023–2025
Veritas Funding, LLC mortgage approval rates & lending data
Veritas Funding, LLC decided 2,998 mortgage applications and funded 2,438 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% | 972 / 1,007 | 97% | $425K | 943 |
| Cash-out refinance | 84% | 1,468 / 1,739 | 89% | $255K | 1,311 |
| Refinance | 83% | 151 / 181 | 85% | $265K | 128 |
| Investment property purchase | 92% | 34 / 37 | 94% | $265K | 32 |
Veritas Funding, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Utah | 96% | $435K | 850 | 789 |
| Florida | 82% | $255K | 299 | 209 |
| California | 86% | $295K | 240 | 182 |
| Idaho | 95% | $365K | 198 | 179 |
| Georgia | 85% | $265K | 171 | 130 |
| North Carolina | 90% | $255K | 161 | 140 |
| Arizona | 90% | $285K | 156 | 124 |
| South Carolina | 88% | $255K | 142 | 114 |
| Ohio | 78% | $225K | 104 | 72 |
| Tennessee | 80% | $245K | 87 | 64 |
| New Jersey | 86% | $295K | 84 | 64 |
| Indiana | 82% | $215K | 83 | 60 |
| Colorado | 83% | $275K | 78 | 59 |
| Illinois | 83% | $215K | 77 | 58 |
| New Mexico | 90% | $255K | 51 | 44 |
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.